Scient Federal Credit Union

Overview / Commentary
60 Colver Ave
Groton, CT 06340

Scient Federal Credit Union is headquartered in Groton and is the 10th largest credit union in the state of Connecticut. It is also the 969th largest credit union in the nation. It was established in 1983 and as of March of 2021, it had grown to 45 employees and 20,524 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

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 - YTD0.93%
Return on Equity - YTD10.41%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$293.8MM$266.5MM
LoansQ1 2021vs Q1 2020$228.3MM$222.6MM
DepositsQ1 2021vs Q1 2020$264.2MM$239.7MM
Equity CapitalQ1 2021vs Q1 2020$25.4MM$23.2MM
Loan Loss AllowanceQ1 2021vs Q1 2020$1.3MM$1.4MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$177.00K$448.00K
Real Estate OwnedQ1 2021vs Q1 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

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