Scient Federal Credit Union is headquartered in Groton and is the 11th largest credit union in the state of Connecticut. It is also the 967th largest credit union in the nation. It was established in 1983 and as of September of 2020, it had grown to 46 employees and 21,007 members at 11 locations. Scient Federal Credit Union's savings rates are 92% higher than the national average, and it has an A health rating.
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
Overall | |
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NCUA # | 24029 |
Year Chartered | 1983 |
Employees | 46 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.5% |
Return on Equity - YTD | 5.44% |
Annual Interest Income | $7.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $267.9MM$249.0MM |
Loans | Q3 2020vs Q3 2019 | $232.1MM$219.7MM |
Deposits | Q3 2020vs Q3 2019 | $239.2MM$222.9MM |
Equity Capital | Q3 2020vs Q3 2019 | $24.9MM$23.4MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $1.2MM$1.4MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $171.00K$481.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $2.5k | - | Interest Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | $500 | - | 60 Month IRA | |
0.80% | $500 | - | 48 Month IRA | |
0.70% | $500 | - | 36 Month IRA | |
0.50% | $500 | - | 24 Month IRA | |
0.30% | $500 | - | 12 Month IRA |