Salem School System

P.O. Box 456, Salem, IL 62881

NCUA Insured2.7 (15 reviews)2 charter

Verified Information

NCUA Insured

Member-Owned

2 charter

Established in 1956

Contact this credit union directly for detailed information about membership eligibility and current rates.

Membership Eligibility

Anyone who lives, works, or worships in or around Salem, IL may be eligible to join. Community credit unions are open to the general public within their service area.

Check eligibility on their website →

Verified Information

NCUA Insured — deposits protected up to $250,000

Member-Owned — not-for-profit cooperative

2 charter

Established in 1956

Contact this credit union directly for detailed information about membership eligibility, current rates, and services.

Services Offered

Auto LoansPersonal LoansChecking AccountsMortgagesBusiness Loans

Location & Directions

Address

P.O. Box 456

Salem, IL 62881

Google Maps 🗺Waze

(618) 214-9456

Service Area

This credit union is located in Salem and serves members in the IL area. Currently serving 368 members.

Membership Info:

Contact the credit union to confirm membership eligibility requirements for your area.

Note on Membership

Credit union membership is based on a common bond. Contact this credit union directly to confirm you qualify for membership.

Financial Health

Q4 2025 · NCUA

Key indicators from NCUA regulatory filings. Tap any metric to learn what it means.

Source: NCUA Federally Insured Credit Unions list, Q4 2025.

Loan Rates

Rates sourced from NCUA call report data (Q4 2025). Contact the credit union for current rates and terms.

New Auto Loan

6.50%

Used Auto Loan

7.50%

Personal Loan

10.50%

Important: Rates are sourced from NCUA call report filings (Q4 2025) and reflect averages reported by the credit union — not guaranteed quotes. Contact the credit union directly for current rates and terms.

Your actual rate will vary based on your credit score, loan term, and financial profile. Personal loans and credit cards tend to see the most variation.

Best Rates in IL

Lowest rates currently reported by credit unions in IL (NCUA Q4 2025).

Tee-Pak— New Auto Loan

Danville, IL

2.49%

National Police— Used Auto Loan

Chicago, IL

2.99%

Israel Methcomm— Personal Loan

Chicago, IL

2.00%

Great Lakes— Credit Card APR

Bannockburn, IL

2.00%

Rates from NCUA regulatory filings. Contact credit unions directly for current rates.

Branches & Locations(1 total)

Member Reviews

2.7

15 Google reviews

Reviews sourced from Google Maps. Ratings reflect member experiences at this credit union.

View on Google Maps

Tricia Shultz

a year ago

Best bank I’ve ever had the privilege to work with. From checking to savings to loans! They have never disappointed me. The staff is always very friendly and helpful.

Tim Farmer

8 years ago

Great experience!!!! 5☆☆☆☆☆ I went to the loan department about getting some help. Me and my family had no heat or ac in our house for almost a week. Loan Officer Jeannie McCoy was great to work with and showed us there still is a reliable Credit Union in Salem Va. Thanks Tim Farmer

Bernie Cat

4 years ago

Keep on top of your account or you will pay thousands in fees. Turn OD off. You get zero warnings when you have went over, until a letter comes weeks later. Not to mention, not getting alerted to unusual activity and getting charged over 500 in OD fees because of it. Screw this CR unless it's your only choice. Update: turn off of protection and STILL get charged 35 bucks each return. Might as well left it on. It's okay tho. Switched to a bank that at least has a real app with notifications, to ALERT me when crazy stuff is going down with my acct. I will no longer be sucked dry from you vultures.

Chris Y

7 years ago

I see 'Zena' left a review about the same person I spoke to, Iris. The response to her review was that attitude is not inline with SVCU, obviously it is. Iris answered call with name and I said 'Good Morning Iris this is Chris Y-----, how are you today. Her response - a flat 'fine, what do you need'. When I did not have my accn she huffed at me. I had money transferred - when I told her how much she said 'ok', I said 'thank you' she just hung up. What the H is her problem and why is she allowed to touch a phone - or work for SVCU? Seriously

Zena Landru

8 years ago

Wish I could mark 0 stars. Worst customer service I've experienced with a Credit Union. Rude and was not polite at all. Representative named Iris ended the call without saying anything. Unbelievable!