Scient Federal Credit Union

Overview / Commentary
60 Colver Ave
Groton, CT 06340

Scient Federal Credit Union is headquartered in Groton and is the 12th largest credit union in the state of Connecticut. It is also the 1,007th largest credit union in the nation. It was established in 1983 and as of September of 2021, it had grown to 45 employees and 20,143 members at 3 locations. Scient Federal Credit Union's savings rates are 4X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Scient Federal Credit Union is open to all residents of Connecticut, Massachusetts, New York, and Rhode Island by being a member of the American Consumer Council (ACC). Individuals who live, work, worship, or attend school in any of twelve Census tracts in New London County, CT also qualify for membership. Employees and retirees (and their immediate family members) of more than 90 SEGs are eligible for membership.
See current membership details

Related Posts

6-Month CD, 1.00% APY Very Limited Time - 9/23/2021

I just saw this and wished I had seen it earlier. 1.00 % APY is valid on the special 6-month Share Certificate for new and existing deposits only to Scient Federal Credit Union, opened September 17–25, 2021. Minimum balance is $1,000, maximum balance is $30,000 of which $15,000 can be in existing funds. Promotional rate limited to one special share certificate per social security number. Fees or other conditions may reduce the earnings on your account. A penalty may be imposed for early withdrawal. This is a limited time offer and may be canceled at any time. Other terms and conditions may apply.

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Reviews (1)

Change Maker Savings Account Is Just Click Bait

The Change maker Savings account can only be funded by using their debit card. Each purchase is rounded up to the next dollar and the pennies difference funds the account.


Health Grade Components

NCUA #24029
Year Chartered1983
Primary Regulator
Profit Margin
Return on Assets - YTD0.98%
Return on Equity - YTD10.42%
Annual Interest Income$6.6MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$285.4MM$267.9MM
LoansQ3 2021vs Q3 2020$242.9MM$232.1MM
DepositsQ3 2021vs Q3 2020$255.0MM$239.2MM
Equity CapitalQ3 2021vs Q3 2020$27.0MM$24.9MM
Loan Loss AllowanceQ3 2021vs Q3 2020$1.1MM$1.2MM
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$79.00K$171.00K
Real Estate OwnedQ3 2021vs Q3 2020$0$0
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Always verify rates and promotions with the bank or credit union. We are not Scient Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Scient Federal Credit Union Savings Account Rates

2.00%*-$2.5kMy Sci Savings
OTHER TIERS: 0.15% $2.5k+
1.00%--Change Maker Savings Account
0.10%--Traditional IRA Share Savings
0.10%--Roth IRA Share Savings
0.10%--Coverdell Educational Share Savings
0.05%$5-Regular Savings
0.05%--Miscellaneous Club
0.05%--Christmas Club Account
0.05%--Tax Club Account
0.05%--Vacation Club Account
0.05%--All Purpose Club

Scient Federal Credit Union Money Market Rates

0.25%*$100k*$250kPremium Money Market
OTHER TIERS: 0.05% Up to $2.5k | 0.10% $2.5k - $25k | 0.15% $25k - $100k | 0.20% $250k+
0.20%*$250k*-Money Market
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $75k | 0.15% $75k - $250k

Scient Federal Credit Union Checking Account Rates

0.10%$2.5k-Interest Checking
0.10%--My Sci Checking

Scient Federal Credit Union CD Rates

0.70%$500-60 Month Term Certificate
0.60%$500-48 Month Term Certificate
0.50%$500-36 Month Term Certificate
0.40%$500-24 Month Term Certificate
0.30%$500-12 Month Term Certificate
0.25%$500-9 Month Term Certificate
0.20%$500-6 Month Term Certificate
0.15%$500-3 Month Term Certificate

Scient Federal Credit Union IRA Rates

0.80%$500-60 Month IRA
0.70%$500-48 Month IRA
0.60%$500-36 Month IRA
0.50%$500-24 Month IRA
0.30%$500-12 Month IRA

Scient Federal Credit Union Locations
Branch Office60 Colver AveGroton, CT 06340-3808
Branch Office445 Eastern Point RdGroton, CT 06340
Branch Office50 Brewery StNew Haven, CT 06511

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.