Category: Scott Credit Union News




Forbes Names Scott Credit Union Among Top Five Credit Unions in State of Illinois

Scott Credit Union was recently named one of the top credit unions in the State of Illinois in a Forbes Best-In-State ranking.

Forbes, in partnership with market research firm Statista, ranked Scott Credit Union fifth in the state based on surveys of credit union members on their overall satisfaction.

The survey also measured trust, terms and conditions, branch services, digital services, and financial advice, according to Scott Credit Union President & CEO Frank Padak.

“We were very pleased and honored to be in the top five in the state,” Padak added. “We are always focused on doing the right thing for our members. The ranking tells us we are on the right track.”

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Millard Joins Scott Credit Union’s Commercial Lending Team

Paul Millard - Senior Vice President of Commercial LendingPaul Millard recently joined Scott Credit Union as its new Senior Vice President of Commercial Lending.

Millard, who has lived in Edwardsville for nearly 30 years, brings over 30 years of commercial credit and lending experience to the organization. His experience includes oversight of loan administration, credit underwriting/analysis, loan portfolio management, operational and credit soundness, and personnel management.

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Protect Yourself from COVID-19 Scams

Protect Yourself from Scams During the COVID-19 Crisis

In light of the COVID-19 pandemic, there are many that are facing challenges, both financial and otherwise. Unfortunately, these challenges have created opportunities for fraudsters to prey on those who are scared or in need.

Here are some of the COVID-19 related scams we are seeing, along with some tips on how to reduce your chances of becoming a victim.

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Prioritizing Bills During a Financial Crunch

A Guide to Prioritizing Bills During a Financial Crunch

Our vibrant, animated country has been put on pause. Busy thoroughfares are now empty of pedestrians and previously crowded malls are eerily vacant, as millions of Americans shelter in place to slow the spread of the coronavirus. Forced leave of work has left many wondering if and when they’ll receive their next paycheck.

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