Program areas at Southern Lakes Credit Union
As the only locally-based, open-to-the-community financial institution headquartered in kenosha, wi, we work to serve our 9,907 member-owners as a safe, secure, and financially-stable place to conduct business. Our focus is to serve our members and support the communities we serve by providing access to affordable Credit and financial services at favorable rates.
Members have entrusted us with their deposits in share, share draft, money market, ira, hsa, and term share certificate accounts. As of december 31, 2022, we have $107,426,328 in deposits from our members.
We drive value back to our members and help them save money on interest by offering loans at very competitive rates. As of december 31, 2022, we have 4,313 loans outstanding to our members totaling $62,496,492. We work with borrowers to improve their Credit so they pay less in interest over their lives and work with first-time borrowers to understand loans and Credit. In 2022, our members obtained 1,229 in loans from their Credit Union totaling $29,461,668.