Levo Credit Union


Overview / Commentary
605-334-2471
1741 S Cleveland Ave
Sioux Falls, SD 57103

Levo Credit Union is headquartered in Sioux Falls and is the 3rd largest credit union in the state of South Dakota. It is also the 771st largest credit union in the nation. It was established in 1934 and as of June of 2022, it had grown to 112 employees and 31,915 members at 5 locations. Levo Credit Union has a B+ health rating.

Field of Membership Restrictions

Levo Credit Union is open to anyone who lives, works, worships, or goes to school in Lincoln, McCook, Minnehaha, or Turner County.
See current membership details

Reviews (1)

Petty Issues, No Value For Their Customers

Posted by: |

I have a loan with them and I sent the monthly payment of 175.50.  I got a late charge for $10.10 days later.  I have never missed a payment.  I checked and the check had cleared the bank.  When I called them, I was told by the customer service rep that the payment was supposed to be 175.60,  I had been ten cents short.  She asked if I wanted to drive across town to make the payment of ten cents and then she would remove the $10 charge!  DON"T GO TO THEM FOR A LOAN.  How sad, I asked if she wanted my credit card to charge the .10 on, she did not want to do that though.



Health
B+

Health Grade Components

Overall
NCUA #60
Year Chartered1934
Employees112
Primary Regulator
Profit Margin
Return on Assets - YTD0.67%
Return on Equity - YTD8.54%
Annual Interest Income$5.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$439.9MM$408.8MM
LoansQ2 2022vs Q2 2021$214.7MM$173.1MM
DepositsQ2 2022vs Q2 2021$399.5MM$363.7MM
Equity CapitalQ2 2022vs Q2 2021$34.3MM$40.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.6MM$1.6MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.0MM$1.3MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Levo Credit Union are currently being reviewed.

Locations


Levo Credit Union Locations
Branch Office700 E 14th StSioux Falls, SD 57104-5144
Branch Office2517 S Louise AveSioux Falls, SD 57106-4325
Branch Office5700 E Arrowhead PlSioux Falls, SD 57110-7008
Branch Office3405 S Cliff AveSioux Falls, SD 57105
Branch Office1701 N Minnesota AveSioux Falls, SD 57104-0306

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