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101 Credit Union Way
Edwardsville, IL 62025

Scott Credit Union is headquartered in Edwardsville and is the 5th largest credit union in the state of Illinois. It is also the 234th largest credit union in the nation. It was established in 1943 and as of March of 2014, it had grown to 219 employees and 117,124 members. Scott Credit Union has a A health rating.

Field of Membership Restrictions

Credit union membership is open to anyone living or working in Monroe, Madison, St. Clair, Randolph, Perry, Franklin, Jefferson, Washington, Clinton, Marion, Bond, Macoupin, Montgomery, Fayette, Effingham, Williamson, or Jackson counties in Illinois. Membership is also open to anyone living or working in St. Louis County, Missouri. Members’ immediate family, including any relative by blood or marriage or foster and adopted children are, likewise, eligible to join. - See Details

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Reviews (3)

Credit Union you can count on

The customer service for the Credit Union goes beyond what you would normally find in today's competition. The drive through service is easy access and well maintained as well. They offer a friendly atmosphere for all your banking needs.

Bank Is Okay Credit Cards Not So Much

Being a member of this bank for over 10 years and enjoyed their services until the several updates to the online banking.

 Since their constant upgrades/downtime on weekends, it makes it nearly impossible to do any onlqine banking on the weekends.  With that said, trying to find out your credit card balance is a game of "Chutes and Ladders."  To ensure a payment is recieved you have to either pay over the phone or transfer from SCU website.  Problem is if you transfer, good luck on knowing what your balance/payment is supposed to be.  To find that out you have to go to the credit card site.  

To top it off, they are always placing you on hold or sending you through some automated messaging system.

If you are using them for checking and savings, with out online banking non the weekends,  they are okay but I woukdn't count on anything more then that

SCU does great by me

I've been a customer of Scott Credit Union since I moved to the metro east area in 1990. In that time they've financed 5 cars and a house for me and I've always been happy with their service.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Scott Credit Union had $3.68 million in non-current loans and owned real-estate with $103.89 million in equity and loan loss allowances on hand to cover it. This gives Scott Credit Union a Texas Ratio of 3.55% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Scott Credit Union experienced no significant changes from 3.66% as of March 31, 2013 to 3.55% as of March 31, 2014, resulting in a positive change of 3.01%.This indicates that the balance sheet and financial strength for Scott Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Scott Credit Union has increased its total deposits by $30.66 million, resulting in 3.75% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Scott Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Scott Credit Union has $961.5 million in assets with $103.89 million in equity, resulting in a capitalization level of 10.81%, which is above average.

Institution Statistics

NCUA #66370
Year Chartered1943
Primary Regulator
Assets and Liabilities
Assets$961.50 million
Loans$804.26 million
Deposits$848.61 million
Equity Capital$96.70 million
Loan Loss Allowance$7.20 million
Unbacked Noncurrent Loans$3.36 million
Real Estate Owned$328,000
Historic Data - March 2013
Assets$917.51 million
Equity Capital$88.86 million
Loan Loss Allowance$6.74 million
Unbacked Noncurrent Loans$3.36 million
Real Estate Owned$64,000
Profit Margin - Quarterly
Net Interest Margin0.93%
Return on Assets0.99%
Return on Equity9.82%
Interest Income$8.71 million

Always verify rates and promotions with the bank or credit union. We are not Scott Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Scott Credit Union Savings Account Rates

0.50%-$1kKidz Club
0.25%--Share Savings
0.25%--IRA Share
0.25%--Holiday Club
0.25%--Roth IRA Share
0.25%--CESA Share
0.25%--SEP IRA Share

Scott Credit Union Money Market Rates

0.40%$50k-Money Market Account

Scott Credit Union Checking Account Rates

1.05%-$25kExtreme Checking - Qualifying
0.05%--Extreme Checking - Non Qualifying

Scott Credit Union CD Rates

1.65%$100k-5 Year Share Certificate
1.45%$100k-4 Year Share Certificate
1.25%$100k-3 Year Share Certificate
1.00%$100k-30 Month Share Certificate
0.85%$100k-2 Year Share Certificate
0.70%$100k-18 Month Share Certificate
0.60%$100k-1 Year Share Certificate
0.45%$100k-6 Month Share Certificate

Scott Credit Union IRA Rates

1.65%$100k-5 Year IRA
1.45%$100k-4 Year IRA
1.25%$100k-3 Year IRA
1.00%$100k-30 Month IRA
0.85%$100k-2 Year IRA
0.70%$100k-18 Month IRA
0.60%$100k-1 Year IRA

Scott Credit Union has 15 locations. Click to view all Scott Credit Union locations.