Scott Credit Union

Overview / Commentary
101 Credit Union Way
Edwardsville, IL 62025

Scott Credit Union is headquartered in Edwardsville and is the 8th largest credit union in the state of Illinois. It is also the 273rd largest credit union in the nation. It was established in 1943 and as of December of 2023, it had grown to 345 employees and 148,814 members at 25 locations. Scott Credit Union's CD rates are 5X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership in Scott Credit Union is open to individuals (and their immediate family) who live or work in the Illinois counties of Bond, Calhoun, Christian, Clinton, Crawford, Effingham, Fayette, Franklin, Greene, Jackson, Jasper, Jefferson, Jersey, Macoupin, Madison, Marion, Monroe, Montgomery, Morgan, Perry, Randolph, Sangamon, Shelby, St. Clair, Washington, Will, or Williamson, or in the Missouri counties of St. Charles or St. Louis, or the city of St. Louis. Membership is also open to active, reserve, or retired military or civilian employees of Scott Air Force Base and other Select Employer Groups (a complete list of groups can be found on Scott Credit Union's website).
See current membership details

Reviews (8)

Hands Down The Best Credit Union In Missouri!!!

I am one of the newest St. Louis Missouri residents to become a member of the Illinois based credit union, and I have to say hands down the best Finacial institution in our great state of Missouri, I have many Missouri Credit union memberships along with their auto loans and Platinum Credit Cards, the minute I switched to Scott Credit union I instantly seen my money grow from their high interest free checking account to their extremely low rated visa credit card, there’s no other bank or credit union out there even close to what Scott Credit Union offers, thank you Scott credit union for expanding to Missouri residents!

Credit Union you can count on

Posted by: |

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.

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.

Bank Is Okay Credit Cards Not So Much

Posted by: |

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

If They Are Closed And You Need Something: Good Luck

Posted by: |

I’ve screwed around for countless hours trying to reach someone to stop a hold on my account, but if they are closed there seems to be absolutely no way to even so much as speak to a real person. I am on vacation and they put a hold on my debit card, called pretty much every number they have and they are all automated but with no way to speak to anyone about this issue. So I have to essentially put all my plans on hold and wait until they are open to release the hold on my account. If I was stranded I guess I’d just have to find a cardboard box to sleep in for the night. It’s absolutely ridiculous there is no reason an organization this large shouldn’t have a call center or live chat. The automated messages are horrible, and if you try to look on their website they have no information provided on the subject. I wouldn’t bank here.

Worst Bank

Posted by: |

I urge anyone that is considering this credit union to go elsewhere. If you're already there then pull your money out. The customer service is horrible. The team members aren't knowledgeable. It takes them days longer to complete transactions that other banks can do immediately to 48 hours. SCU will hold your money as long as they can to earn interest for themselves before they release it to you. Someone else said it on this thread over a year ago, RUN DON'T WALK!

Keep Looking Horrible Customer Service

Posted by: |

this bank and all their branches have absolutely horrible customer service they do not even know the definition of the word do yourself a favor and keep on shopping for a better Bank...

Run Don't Walk, Worst Credit Union There Is!!

Posted by: |

I finally got away from Scott Credit Union and will NEVER go back. Avoid them!!! Truly this is the worst credit union or financial institution I have ever had to deal with. I was with them for almost 15yrs and all they did was gouge me continuously for fees, fees and more fees. All you have to do is go onto the NCUA site and read their financial statement shows they made $4mil in fee income this year alone!!! They got me for $20K from 2011 to present and I am a twice widowed mother, have worked in finance, banking and the government my entire life!! If they are stupid enough to pull this on me, they will do it to anyone. One day they will have to answer to God for all they do!!


Health Grade Components

NCUA #66370
Year Chartered1943
Primary Regulator
Profit Margin
Return on Assets - YTD0.53%
Return on Equity - YTD6.48%
Annual Interest Income$82.5MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$1.74B$1.75B
LoansQ4 2023vs Q4 2022$1.27B$1.35B
DepositsQ4 2023vs Q4 2022$1.54B$1.56B
Equity CapitalQ4 2023vs Q4 2022$143.7MM$131.9MM
Loan Loss AllowanceQ4 2023vs Q4 2022$13.8MM$10MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$15.2MM$12MM
Real Estate OwnedQ4 2023vs Q4 2022$136K$276K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Scott 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.

Scott Credit Union Savings Account Rates

0.75%*$50k*-IRA Share
OTHER TIERS: 0.35% $100 - $10k | 0.45% $10k - $25k | 0.60% $25k - $50k
0.45%--Kidz Club
0.45%--Teen Share
0.35%--Share Savings
0.35%--Holiday Club

Scott Credit Union Money Market Rates

2.05%*$50k*-Money Market Account
OTHER TIERS: 1.80% Up to $2.5k | 1.95% $2.5k - $25k | 2.00% $25k - $50k
2.05%*$50k*-Business Money Market Account
OTHER TIERS: 1.80% Up to $2.5k | 1.95% $2.5k - $25k | 2.00% $25k - $50k

Scott Credit Union Checking Account Rates

0.55%-$25kExtreme Checking

Scott Credit Union CD Rates

4.50%$2.5k-6 Month CD
4.25%$1k-1 Year CD
4.00%$1k-18 Month CD
3.75%$1k-2 Year CD
3.70%*$100k*-5 Year CD
OTHER TIERS: 3.50% $1k - $50k | 3.65% $50k - $100k
3.60%*$100k*-4 Year CD
OTHER TIERS: 3.40% $1k - $50k | 3.55% $50k - $100k
3.50%*$100k*-3 Year CD
OTHER TIERS: 3.30% $1k - $50k | 3.45% $50k - $100k
3.40%*$100k*-30 Month CD
OTHER TIERS: 3.20% $1k - $50k | 3.35% $50k - $100k

Scott Credit Union IRA Rates

4.25%$500-1 Year IRA
4.00%$500-18 Month IRA
3.75%$500-2 Year IRA
3.70%*$100k*-5 Year IRA
OTHER TIERS: 3.50% $500 - $50k | 3.65% $50k - $100k
3.60%*$100k*-4 Year IRA
OTHER TIERS: 3.40% $500 - $50k | 3.55% $50k - $100k
3.50%*$100k*-3 Year IRA
OTHER TIERS: 3.30% $500 - $50k | 3.45% $50k - $100k
3.40%*$100k*-30 Month IRA
OTHER TIERS: 3.20% $500 - $50k | 3.35% $50k - $100k


St. Louis Area

Interactive local rates map

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.