Wednesday, December 9, 2015

Sugar Creek Financial (SUGR): Stability and Security for More Than 100 Years

Choosing a reliable bank is an important decision. People often consider interest rates, total assets, and terms on accounts (checking, savings, loan, retirement, etc.) when considering their banking options. Another very important factor in the decision process is the bank’s reputation and how long they have been in business. Sugar Creek Financial Corporation (OTC: SUGR) is the holding company for Tempo Bank, which has been in business since 1889 and is located in Trenton, Illinois. Sugar Creek Financial is a subsidiary of Sugar Creek Mutual Holding Company.

Tempo Bank is Trenton’s oldest independent, locally operated and managed financial institution. Its directors, officers and employees live, work and are involved in the community. This means that all decisions are made locally, not hundreds of miles or states away. The bonus is that its customers receive personalized service and quicker responses to questions or requests from people that they know. From its humble beginnings to the present, Tempo Bank still believes that personal service is the major ingredient of its success.

The company offers the following types of accounts to individuals: checking accounts; savings accounts; IRA’s (with terms from 18 months to 60 months); and Certificates of Deposits (with terms from six months to 60 months). Insurance is always very important, so the company offers deposit insurance up to $250,000.

Working with a locally owned bank also has its perks. The company offers a suite of loan vehicles along with competitive interest rates and great customer service. Loan products include the following: consumer and auto loans; mortgage loans; home equity and improvement; and special programs (first time homebuyer’s program; home buyer pre-qualification, counseling and education assistance program; and affordable housing grant assistance program).

The company also offers eBanking; online bill pay; phone banking; a Shazam ATM card; and MasterMoney debit cards.

For more information, visit the company’s website at www.tempobank.com.

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