South Side Community FCU

Free Checking
Now Available

To open a checking account, members must make an initial deposit of $50, and maintain a $100 balance in their Credit Union savings account. So long as the account remains in good standing, there are no charges or fees for the account.

SSCFCU’s Mission

Our mission is to equalize economic power and to fight poverty by improving financial literacy and providing access to credit and savings services for our members. We are working to create and maintain an accessible, full service federal credit union organization, which is owned and managed by its members.

Our Service Area

Our geographic service area includes all areas lying within the following boundaries: from 22nd Street on the North to the city limits on the South and from Lake Michigan on the East to Western Avenue on the West.

If you live, work, worship, go to school or participate in any association headquartered within these boundaries, you are eligible to become a full member of the credit union.

If you do not have one of these connections to the area, you can utilize all deposit services of the credit union, but federal regulations prohibit us from making you a loan.

President’s note

Dear Members:

As your President and CEO, it is my distinct privilege to serve you and work with you in accomplishing many significant milestones throughout the past years and in 2009. We established over 2000 member accounts totaling over $4,100,000 in deposits as of 12/31/08.

We disbursed over a hundred loans totaling approximately $1,000,000. Scores of people have graduated from our 8-week comprehensive financial education course. We launched a youth credit union initiative with approximately 25 young men and women, ages 11-19 to promote savings and financial education among south side youth. Last June we opened the South Side Home Ownership Counseling Center at the credit union where over 210 people have received housing counseling services through our “Road to Home Ownership” program.

Your credit union remains fiscally strong, serving as a source for savings and credit, despite the volatility in the banking industry. We take great pride in providing high quality personalized service while prudently managing operations and sustained growth.

We thank you for your continued support and confidence.

Financial Education Workshops

Are you working to become a homeowner or improve your financial stability? SSCFCU can help! Join us at one of the following financial education workshops, which are held on Saturdays at SSCFCU.

For more information or to reserve a spot, contact Gregg at 773-548-5500.

Schedule

March 1: Buying a Car

March 7: Give Yourself Credit

March 14: Road to Home Ownership - Part 1

March 21: Road to Home Ownership - Part 2

SSCFCU is available to conduct financial education workshops at your church or community based organization.

Chicago Public Radio names CEO Gregg Brown one of 15 Global Visionaries!

WBEZ 91.5 FM asked their listeners to name people who were bringing change to Chicago, and our very own Gregg Brown was named as one of those who were bringing change to Chicago!

Click to hear his comments on the WBEZ website!

The Chicago Independent Bulletin features Delores Allen for Women's History Month, Photo of the Week!

Check the March 5th issue of the Bulletin for the feature article for Delores Allen, our Director of Mortgage Lending and Housing Counseling Services.

Affordable Mortgage Loans at SSCFCU

Come to the South Side Community Federal Credit Union for a loan to help you purchase or refinance a home! SSCFCU offers flexible financing for first time home-buyers, including mortgage options with low or no-down payment.

Call 773-548-5500 for more information!