Business Details
50+ Years
experience
Your Trusted Credit Union for Financial Services in Mission, KS
SM Federal Credit Union was founded on September 15, 1960, as SM Postal Federal Credit Union, operating from the basement of the Main Shawnee Mission Post Office. Over six decades, we expanded our services to include Federal Aviation Administration employees in Olathe and established a branch in their Air Traffic Control office. Renamed in 1998, we remain committed to providing personalized financial solutions to our members. As a not-for-profit, member-owned cooperative, we prioritize our members' financial well-being through competitive loan rates, federally insured savings, and a wide range of financial products.Our expertise spans auto loans, home equity lines of credit, personal loans, and mortgage services, with a focus on prudent lending practices and community-focused banking. We operate under federal regulation by the National Credit Union Administration (NCUA), ensuring safety and soundness for our members' deposits up to $250,000. Our team combines decades of local banking experience with a deep understanding of our members' evolving financial needs, maintaining transparency in all our operations while adhering to strict ethical standards.
Services
Share Accounts
Mortgage Loans
Auto Loans
Personal Loans
Home Equity Line of Credit
Details
- Year established: 1960
Highlights and features
- We offer federally insured savings up to $250,000 through NCUA backing.
- Our loan products include competitive rates on auto, home equity, and personal loans.
- We provide personalized financial guidance tailored to individual member needs.
- Our not-for-profit structure ensures benefits are passed directly to members.
- We maintain transparent fee structures with no hidden charges.
Associations and certifications
- National Credit Union Administration (NCUA)
Services
Auto Loans
We provide competitive auto loan options for new and used vehicles with terms up to 6 years. Our financing includes no down payment requirements for qualified applicants and flexible repayment schedules. Our experienced loan officers help members secure the best possible rates based on their credit profile and financial situation.
Personal Loans
Our personal loans offer up to $7,500 in financing at 9.99% APR for qualified borrowers. These unsecured loans can be used for debt consolidation, emergency expenses, or personal projects. We provide quick approval decisions and direct deposit options for urgent financial needs.
Home Equity Line of Credit
Access up to 80% of your home's equity through our flexible HELOC products. With rates tied to the 5-year treasury and terms from 4-10 years, this revolving credit line serves as a valuable financial tool for home improvements, education expenses, or business investments.
Mortgage Loans
We offer fixed-rate mortgages for home purchases and refinancing with terms from 5-30 years. Our streamlined process includes no point fees and closing costs limited to actual expenses. We specialize in helping first-time homebuyers achieve homeownership with 20% down payment options.
Share Accounts
Our share accounts provide secure savings options with competitive dividends. Members can choose from traditional savings, share draft (checking), and IRA accounts. All deposits receive federal insurance up to $250,000 through the NCUA guarantee.
Questions
What are your loan eligibility requirements?
Membership eligibility includes US Postal Service employees in Johnson/Wyandotte Counties or FAA employees in Kansas City Metro. Immediate family members also qualify.
How can I access my account after hours?
Our online banking portal provides 24/7 account access for balance checks, transfers, and bill payments. Mobile banking apps are also available for convenient access.
What loan products do you offer?
We provide auto loans, personal loans, home equity lines of credit, and fixed-rate mortgages. Recreational vehicle financing options are also available for qualified applicants.
Are my deposits insured?
Yes, all deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA), backed by the U.S. government.
What are your branch hours?
Our branches operate Monday-Friday from 8:00 AM to 5:00 PM. Loan applications and in-person services require appointments during these hours.
How do wire transfers work?
Domestic wire transfers process Monday-Friday 8:00 AM-4:00 PM. No fees apply, but requests over $3,000 to non-personal accounts require in-person verification with valid ID.
