Scott Credit Union


Overview / Commentary
618-345-1000
101 Credit Union Way
Edwardsville, IL 62025

Scott Credit Union is headquartered in Edwardsville and is the 7th largest credit union in the state of Illinois. It is also the 252nd largest credit union in the nation. It was established in 1943 and as of December of 2019, it had grown to 270 employees and 144,353 members at 17 locations. Scott Credit Union has an A 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, 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

Related Posts

Scott Credit Union Unveils EPIC Checking - 3/6/2020

Scott Credit Union's (IL/MO) new rewards checking account, EPIC Checking earns 4.05% APY (1.5k+ debit card purchases) or 3.05% APY ($750-$1,499 debit card purchases).

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Reviews (6)

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

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

Health Grade Components

Overall
NCUA #66370
Year Chartered1943
Employees270
Primary Regulator
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD6.55%
Annual Interest Income$49.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$1.27B$1.22B
LoansQ4 2019vs Q4 2018$985.7MM$996.4MM
DepositsQ4 2019vs Q4 2018$1.09B$1.01B
Equity CapitalQ4 2019vs Q4 2018$127.2MM$118.2MM
Loan Loss AllowanceQ4 2019vs Q4 2018$11.2MM$11.4MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$10.8MM$10.2MM
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-IRA Share
OTHER TIERS: 0.05% $100 - $10k | 0.20% $10k - $25k | 0.35% $25k - $50k
0.10%*-$1kKidz Club
OTHER TIERS: 0.05% $1k+
0.10%*-$1kTeen Share
OTHER TIERS: 0.05% $1k+
0.05%--Share Savings
0.05%--Holiday Club

Scott Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*-Money Market Account
OTHER TIERS: 0.30% $2.5k - $25k | 0.35% $25k - $50k
0.40%*$50k*-Business Money Market Account
OTHER TIERS: 0.30% $2.5k - $25k | 0.35% $25k - $50k

Scott Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.05%*-$25kEPIC Checking (w/ $1500+ in Debit purchases)
OTHER TIERS: 0.05% $25k+
3.05%*-$25kBlues Checking (w/ $1500+ in Debit purchases)
OTHER TIERS: 0.05% $25k+
2.05%*-$25kEPIC Checking (w/ $750 to $1499 in Debit purchases)
OTHER TIERS: 0.05% $25k+
2.05%*-$25kBlues Checking (w/ $750 to $1499 in Debit purchases)
OTHER TIERS: 0.05% $25k+
0.30%-$25kExtreme Checking
0.30%*-$25kStudent Debit
OTHER TIERS: 0.05% $25k+

Scott Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$100k*-5 Year CD
OTHER TIERS: 1.05% $1k - $50k | 1.20% $50k - $100k
1.15%*$100k*-4 Year CD
OTHER TIERS: 0.95% $1k - $50k | 1.10% $50k - $100k
1.00%*$100k*-3 Year CD
OTHER TIERS: 0.80% $1k - $50k | 0.95% $50k - $100k
0.95%*$100k*-30 Month CD
OTHER TIERS: 0.75% $1k - $50k | 0.90% $50k - $100k
0.90%*$100k*-2 Year CD
OTHER TIERS: 0.70% $1k - $50k | 0.85% $50k - $100k
0.80%*$100k*-18 Month CD
OTHER TIERS: 0.60% $1k - $50k | 0.75% $50k - $100k
0.70%*$100k*-1 Year CD
OTHER TIERS: 0.50% $1k - $50k | 0.65% $50k - $100k
0.45%*$100k*-6 Month CD
OTHER TIERS: 0.25% $2.5k - $50k | 0.40% $50k - $100k

Scott Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$100k*-5 Year IRA
OTHER TIERS: 1.05% $500 - $50k | 1.20% $50k - $100k
1.15%*$100k*-4 Year IRA
OTHER TIERS: 0.95% $500 - $50k | 1.10% $50k - $100k
1.00%*$100k*-3 Year IRA
OTHER TIERS: 0.80% $500 - $50k | 0.95% $50k - $100k
0.95%*$100k*-30 Month IRA
OTHER TIERS: 0.75% $500 - $50k | 0.90% $50k - $100k
0.90%*$100k*-2 Year IRA
OTHER TIERS: 0.70% $500 - $50k | 0.85% $50k - $100k
0.80%*$100k*-18 Month IRA
OTHER TIERS: 0.60% $500 - $50k | 0.75% $50k - $100k
0.70%*$100k*-1 Year IRA
OTHER TIERS: 0.50% $500 - $50k | 0.65% $50k - $100k
Locations

Availability



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