SIU Credit Union Blog

Category: News (page 1 of 14)

Santa Claus Is Coming to SIU Credit Union

November 14, 2016 – Carbondale, IL – Holiday music and laughter will fill the air at all six SIU Credit Union branch locations this Christmas season. Families are invited to this free event for photos, light refreshments, and a special gift for children.  Don’t forget to bring letters to Santa and cameras or phones to take pictures.

Date & Locations

Metropolis | 704 E. Fifth St.
Tuesday, November 29 | 2:00 pm- 5:00 pm

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SIU Credit Union Announces Expansion Approval

November 1, 2016 – Carbondale, IL – SIU Credit Union has received approval from the Illinois Department of Financial and Professional Regulation to add thirteen additional Illinois counties to its field of membership.  SIU Credit Union can now offer credit union membership to individuals that live or work in Alexander, Clinton, Edwards, Gallatin, Hamilton, Hardin, Monroe, Pope, Pulaski, Wabash, Washington, Wayne, or White counties.

Membership Expansion

Click to Enlarge Map

New members interested in joining SIU Credit Union can visit www.siucu.org for more information on membership and financial services including online/mobile banking, checking and savings accounts, mortgages, auto loans, investments and more.

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Celebrate International Credit Union Day: The Authentic Difference

For more than 160 years, credit unions have put people before profit.

In the 1850s, hard times hit Germany, and people turned to each other for help. They removed small savings from under mattresses and started making reasonably priced loans to one another. These early credit unions were the model for all the credit unions that followed: not-for-profit, democratically controlled and community oriented. The principles that guided them then, guide credit unions today.

Celebrate - Filene Quote

In the 1920s, Edward Filene took cooperative finance to the next level in Boston, as a means of lifting working people out of debt and creating a better life. On January 17, 1927, the Credit Union League of Massachusetts celebrated the first official credit union holiday. January 17th is the birthday of Benjamin Franklin, America’s “Apostle of Thrift,” who credit union founders believed to symbolize the purpose and spirit of credit unions.

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SIU Credit Union Sponsors Knock Hunger Food Drive

Food and Monetary Donation Presented to Marion Ministerial Alliance

Carbondale, IL- August 11, 2016  With support from our staff, members, communities, and partners, the SIU Credit Union sponsored Knock Hunger Out of the Park food drive was a success. Approximately $7,500 in non-perishable food and monetary donations were collected to benefit the Marion Ministerial Alliance.

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“I’m very pleased that our staff put so much heart into this year’s Knock Hunger out of the Park food drive.  Everyone at SIU Credit Union is incredibly dedicated to making a difference in the communities that we serve,” said Karli Feldhake, Vice President of Marketing for SIU Credit Union. “We had a blast at Miners game and to top it off we surpassed our food drive goal!  Thank you to our staff, members, and community partners for their overwhelming support.”

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SIU Credit Union Announces Executive Promotions

August 1, 2016 – Carbondale, IL – SIU Credit Union today announced several promotions within the company’s senior management team.  Sandy Taylor, formerly Assistant Vice President of Finance, has been promoted to Vice President of Finance; and Karli Feldhake, formerly Marketing Director, has been promoted to Vice President of Marketing.

Sandy Taylor

Photo: Sandy Taylor, Vice President of Finance

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SIU Credit Union Names Lantrip New President/CEO

Mike Lantrip

Photo: Mike Lantrip, President/CEO

July 27, 2016 – Carbondale, IL – SIU Credit Union has announced the appointment of Mike Lantrip as the new President/CEO effective August 1, 2016.  Lantrip replaces interim President/CEO William S. Capie.

“SIU Credit Union is truly fortunate to have someone as talented and knowledgeable as Mike prepared to assume the responsibility of CEO/President,” said Capie.  “His background and experience will assist in making a seamless transition in the leadership of the Credit Union.  He has demonstrated an ability to deal effectively with people and find equitable solutions to complex and sensitive problems.  Mike has earned the confidence and respect of those who know him.”

Lantrip has been with the Credit Union since 1983, working his way up from Part-Time Teller to Executive Vice President, where he collaborated with the CEO, Senior Management and the Board of Directors on strategy and organizational leadership.  He was directly involved with strategic planning, product development, digital delivery channels, payment services, industry partnerships, political advocacy and overall company financial health. With this appointment, Lantrip will be following in the footsteps of his father, Ron Lantrip, who served as the Credit Union’s President/CEO from 1992-2008.

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