Sponsored by the Shakopee Mdewakanton Sioux (Dakota) Community, South Metro Federal Credit Union opened in 1993 as a member-owned, not-for-profit financial cooperative. South Metro provides high-quality, customer-friendly financial solutions for everyone who works or lives in Scott County, which is one of Minnesota's fastest-growing counties.
As a federally insured credit union, South Metro returns income generated by loans and investments to the membership (once operating expense and reserve requirements are satisfied), in the form of dividends and low-cost services.