Why St. Cloud Federal Credit Union is a Great Option for Your Loan Needs

So, you’re looking to apply for a loan. Where do you go? Choosing a big name bank may seem easier at first, but is it the right choice for you? Looking into St. Cloud Federal Credit Union can prove to be a better fit for your needs, and here’s why:

It’s important to trust your lender. Big Banks are for-profit organizations, and can have many hidden fees. Shareholders will ultimately do what is right for the shareholders - they care about the bottom line. At SCFCU, we are not-for-profit and our owners are our members, so our main focus is and always will be you.

At St. Cloud Federal Credit Union, you can be assured that we are on your side. Through big banks, customers are many times approved for large loans they might not necessarily need, which they may take out because they think it’s what's best- If you’re approved for it, why not, right? Most often, employees of big name banks are required to sell as part of their job. SCFCU takes the time to really assess your options. We do what is right for our customers, NOT the bottom line.The people who work at our credit union are local people, meaning they live in our community, and can better understand your needs.

Big banks have many employees that are constantly revolving in and out and it can be impossible to get to know your loan officer on a personal basis. At St. Cloud Federal Credit union, we will take the time to explain every part of a loan with you. You want a face to face, personal relationship with your loan officer, and you can get that at a St. Cloud Federal Credit Union. We guide you through the whole process and answer every question you may have on the way.

If you have any questions about taking out a loan from a credit union, we encourage you to stop into St. Cloud Federal Credit Union and meet with us. We are happy to answer any questions you may have!