Sioux Valley Co-Op Federal CU

About

A Credit Union is a cooperative non-profit financial institution. Credit Unions are owned and operated by their members. The purpose of a Credit Union is to encourage savings and to make credit available at reasonable rates for productive purposes.

Story

Who Can Join?
Anyone having credit at Sioux Valley Co-op / Cenex toward a share of stock, employees of Terex-Telelect, Inc. working in Watertown; employees of ANZA, Inc, Wurth Electronics/MIDCOM, Persona, Empi, Inc., OEM, Dakota Bodies, Inc., Twin City Die Castings Company, Superior Homes, Watertown Transit, Minnesota Rubber Company, B & G Welding, employees of Codington County, as well as any members of current members’ immediate families.

Mission

The Mission of Sioux Valley Co-op Federal Credit Union is to effectively serve its existing and future members, as defined by the field of membership, by encouraging and promoting financial services that enhance each member’s individual circumstances.

Products

•Passbook savings (regular shares) - Dividends paid quarterly.
•Loans
•Share Certificates – also known as savings certificates.
•ACH Originations – a member may have funds deposited into credit union accounts from outside checking or savings accounts.
•Christmas club – Dividends paid annually.
•Payroll Deductions – An excellent way to save and/or make loan payments.
•Credit Disability Insurance and Credit Life Insurance – available at a minimal cost to borrowers.
•New/Used Car Buyers’ Guides – a member may contact the Credit Union for information on the value of vehicles.
•Direct Deposit – A member may deposit regular checks directly into his/her account with necessary arrangements.
•Coin Collector Sets – State quarter and Presidential dollar coin sets are available for purchase.