Scott Credit Union hosts ribbon cutting ceremony for Affton branch
In honor of its newest location, Scott Credit Union held a ribbon cutting ceremony on January 12 for its Affton, MO branch.
Located at 9100 Gravois Road in Affton, MO, the new branch is Scott Credit Union’s fifth location in Missouri and 20th location overall. Its drive-up opened to the public in December.
“By opening this branch, we have taken another step forward in providing convenient access to our service for those who live and work in the St. Louis area,” said Frank Padak, Scott Credit Union president and CEO. “We’re looking forward to serving the community of Affton now and in the years to come.”
Representatives from the Affton Chamber of Commerce were in attendance, as well as representatives from St. Louis non-profit Nurses for Newborns.
As part of the celebration, Scott Credit Union presented Nurses for Newborns with a $1,000 donation. The organization provides in-home nursing visits to at-risk families, thereby preventing infant mortality, child abuse and neglect.
“Nurses for Newborns does incredible work helping local families in need,” said Padak. “Commitment to community is a credit union philosophy that’s near and dear to SCU. We wanted to offer this support to this great organization to demonstrate our commitment to the St. Louis community.”
Scott Credit Union is a not-for-profit financial cooperative. When people open accounts at the credit union, they become a member and an owner. Because of its not-for-profit structure, Scott Credit Union has given back nearly $13 million to members through a bonus dividend and loan interest rebate over the past 13 years. In November 2020, the local credit union gave back nearly $700,000 to its members.
Scott Credit Union currently has 20 area locations: Affton, MO; Ballpark Village in St. Louis, MO; Belleville, IL (two branches); Collinsville, IL; Columbia, IL; Crestwood, MO; Edwardsville, IL (two branches); Fairview Heights, IL; Ferguson, MO; Highland, IL; Ladue, MO; Lebanon, IL; Mascoutah, IL; O’Fallon, IL; Troy, IL; Scott Air Force Base in Illinois; Waterloo, IL; and Wood River, IL.
Photo credit: Cindy Tiefenbrunn from Cindy’s Photo.