Business View Magazine | August 2020

127 BUSINESS VIEW MAGAZINE AUGUST 2020 S cott C redit F ounded in 1943, Scott Credit Union (SCU) is a member-owned-and-operated, not- for-profit institution providing financial services for individuals and businesses at 19 branches throughout Illinois and Missouri. Those services include free checking accounts with interest, ATMs, credit and debit cards, new and used vehicle loans, mortgage loans, unsecured lines of credit, savings products, online banking, free online bill paying, and much more. What makes SCU truly special: any revenue generated after expenses and reserves is given back to BANKING SIMPLIFIED. the members in the form of better rates and more services. With all that, plus the exceptional attention given to members by the caring SCU team, it’s no wonder that Scott Credit Union was just recognized in 2020 by Forbes for the second time in three years as one of America’s Best Credit Unions. Frank Padak, President & CEO of Scott Credit Union, has been with the organization since 1994; stationed on the financial front lines as it weathered such economic storms as the 2008/09