Changing Lives, One Loan at a Time!
Dear Community Member,
Happy New Year! On behalf of the Board of Directors, management and staff, I welcome you to our Credit Union! Established in 2003, the South Side Community Federal Credit Union (SSCFCU) not-for-profit community development financial institution. The SSCFCU serves a membership base of 2,000 with $3.5 million in assets since its opening.
Membership is open to anyone who lives, works, worships, attends school or who is a member of an organization on Chicago's South Side.
I'd like to encourage the membership to become more active. As a member / owner you are more than a customer. Our growth and success depend upon your participation. Your account is an important investment in your community!
Gregg Brown, President, South Side Community Federal Credit Union
New for 2016! HOME BUYER EDUCATION PROGRAM
Home buyer education is an important class you need to take before you decide to purchase your first home. It teaches you the basic homeownership terms, steps and strategies so you are prepared to have a positive home buying experience.
Receive eight hours of classroom and 2 hours of one-on-one counseling. Our Home Buyer Education Program covers all aspects of the home buying process from A to Z, such as selecting, financing, and closing on your first home. Participants become more knowledgeable and confident with making important personal and financial decisions about homeownership.
Each participant will receive a certified Home Buyer’s Certificate upon completion of the program. This certificate can provide borrowing incentives from your lender such as down payment and closing cost assistance. A one-on-one counseling session is also required to receive a Home Buyer’s Certificate.
REGISTRATION: DECEMBER 28, 2015 – JANUARY 8, 2016
Enrollment fee - $125.00
To enroll, download and return the attached enrollment form with a check or money order made payable to South Side Community Federal Credit Union, in person or by mail.
Our Online Home Buyer Education Program at www.ehomeamerica.org/southsidecommunityfcu is equivalent to eight hours of classroom participation that can be taken at your own pace and fit nicely into your busy schedule from the comfort of your own home for only $99.00
FINANCIAL COUNSELING SERVICE
The primary goal of South Side Community FederalCredit Union is to help individuals achieve financial stability and well-being. We recognize that from time to time everyone runs into some financial difficulties. South Side Community Federal Credit Union is here to help you develop a plan for future financial success with our Financial Counseling Service. Services Include:
- Examination of your household income and expenses.
- Establishment of a workable, realistic budget & Savings Plan.
- Review of your credit record to resolve and improve your credit score.
- Recommendation of products and services that can help you save money and build credit.
Cost $50.00 Call (773)548-8859 for more details and to schedule an appointment!
Credit unions are not-for-profit organizations that exist to serve their members rather than to maximize corporate profits. Like banks, credit unions accept deposits, make loans, and provide a wide array of other financial services.
But as member-owned institutions, credit unions focus on providing a safe place to save and borrow at reasonable rates.