Scott Credit Union's Competitive 30-Month CD Special - Limited Time Only


For a limited time, Scott Credit Union (IL) is offering a 30-month CD Special with three different tiered rate levels:

1.59% APY on balances <>

1.74% APY on balances <>

1.79% APY on balances >$100K

It can be opened with a minimum $1K deposit and there is no maximum balance cap. This 30-month CD Special is also available as an IRA (Traditional, Roth, CESA and SEP) at the same rates.

As stated on the Savings Certificate Special page, the Early Withdrawal Penalty is as follows:

If the original or subsequent term of the certificate is greater than 12 months, the lesser of an amount equal to 182 days dividends or all dividends already paid will be forfeited.
2.15*%$100k-Scott Credit Union30 Month IRA (Traditional, Roth, CESA)
OTHER TIERS: 1.95% $500 - $50k | 2.10% $50k - $100k
2.15*%$100k-Scott Credit Union30 Month CD
OTHER TIERS: 1.95% $1k - $50k | 2.10% $50k - $100k
Rates as of January 17, 2020.


Membership eligibility in Scott Credit Union is primarily residency based. Anyone who lives or works in the Illinois Counties of Bond, Clinton, Effingham, Fayette, Franklin, Jackson, Jefferson, Macoupin, Madison, Marion, Monroe, Montgomery, Perry, Randolph, St. Clair, Washington, or Williamson, or St. Louis County, Missouri, is eligible for membership.

You can also qualify for membership based on employment. For complete details, please refer to Scott Credit Union’s Membership Eligibility page.

Joining Scott Credit Union and opening a CD can be done online or at any of 15 branches located in Belleville (2), Caseyville, Collinsville, Edwardsville (2), Fairview Heights, Highland, Mascoutah, Millstadt, O’Fallon, Scott Air Force Base, Troy, Waterloo, and Wood River.

Credit Union Overview

Scott Credit Union has an overall health grade of "A" at, with a Texas ratio of 4.77% (excellent), based on June 30, 2014 data. Baxter Credit Union has excellent capitalization level of 11.04%, holding $963.66 Million in assets, with $106.43 Million in equity. Please refer to our financial overview of Scott Credit Union for more details.

Scott Credit Union is headquartered in Edwardsville and is the 5th largest credit union in the state of Illinois. Established in 1934 (NCUA Charter # 66370), the credit union’s membership has grown to over 121,000 members.

How the Rate Compares

When compared to similar length-of-term CDs tracked by, with a $1K minimum deposit and available to Illinois residents, Scott Credit Union’s 30-month CD Special is very competitive. (N.B. I have included the 30-month CD Special's upper tier rates for the sake of comparison.)

Interest Rate CD Length Institution
1.79% APY 30-month CD Special ($100K+) Scott Credit Union
1.74% APY 30-month CD Special ($50K - $100K) Scott Credit Union
1.59% APY 30-month CD Special ($1K minimum) Scott Credit Union
1.47% APY 34-month Rate Climber CD ($1K minimum) Eli Lilly Credit Union
1.45% APY 36-month CD (no minimum) Nationwide Bank

These rates are accurate as of 10/9/2014.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.

Related Pages: Scott Credit Union, St. Louis

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Scott Credit Union is offering a reward checking account it calls Extreme Checking with a yield of 2.55% APY for balances up to $25K (0.50% for above) and refunds ATM fees (up to $10/mo) when the following monthly requirements are met: 1) 12 debit card transactions per month, and 2) receive statements electronically. If these requirements are not met, the...

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