SCU Credit Union


Overview / Commentary
877-661-3300
42 Pond Street
Sharon, MA 02067

SCU Credit Union is headquartered in Sharon and is the 11th largest credit union in the state of Massachusetts. It is also the 378th largest credit union in the nation. It was established in 1956 and as of December of 2024, it had grown to 149 employees and 72,733 members at 13 locations. SCU Credit Union's money market rates are 7X the national average, and it has an A health rating.

Field of Membership Restrictions

SCU Credit Union is open to those who live, work, or go to school in Barnstable, Bristol, Duke, Middlesex, Nantucket, Norfolk, Plymouth, or Suffolk Counties and the Worcester County towns of Hopedale, Blackstone, Milford, Millville, Mendon, Northbridge, Southborough, Westborough, Upton, or Uxbridge in Massachusetts, as well as Bristol, Newport, and Providence Counties in Rhode Island. Family members of those eligible are also welcome to join.
See current membership details

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Health

Health Grade Components

Overall
NCUA #67836
Year Chartered1956
Employees149
Primary Regulator
Profit Margin
Return on Assets - YTD0.32%
Return on Equity - YTD2.51%
Annual Interest Income$50.9MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.24B$1.25B
LoansQ4 2024vs Q4 2023$889.8MM$873.4MM
DepositsQ4 2024vs Q4 2023$1.03B$1.01B
Equity CapitalQ4 2024vs Q4 2023$159.7MM$149.2MM
Loan Loss AllowanceQ4 2024vs Q4 2023$4.8MM$5MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$3.6MM$5.2MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not SCU 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.

SCU Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%*$10$10kSCU Direct Savings Account
OTHER TIERS: 0.05% $250k+ | 1.00% $50k - $250k | 2.96% $10k - $50k
0.01%$5-Share Account
0.01%$1-MyHoliday Savings Club
0.01%$1-MyVacation Savings Club
0.01%$5-Business Share Account

SCU Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.25%*$500k*-MyPremium Money Market
OTHER TIERS: 3.00% $50k - $500k
3.25%*$500k*-Business MyPremium Money Market
OTHER TIERS: 3.00% $50k - $500k
1.25%*$50k*-Money Market Account
OTHER TIERS: 0.03% $5 - $2.5k | 0.50% $2.5k - $50k
1.25%*$50k*-Business Money Market Account
OTHER TIERS: 0.03% $5 - $2.5k | 0.50% $2.5k - $50k

SCU Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$100k*-MyBusiness Plus Checking
OTHER TIERS: 0.01% $0 - $5k | 0.03% $5k - $50k | 0.05% $50k - $100k
0.10%$5-MyRelationship Checking
0.05%*$10k*-My Interest Checking
OTHER TIERS: 0.01% $5k - $10k

SCU Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$2.5k-Business 9 Month CD Special
4.00%$500-9 Month CD Special
4.00%$500-Business 15 Month CD Special
3.75%$500-6 Month CD
3.75%$500-12 Month CD
3.75%$500-18 Month CD
3.75%$500-15 Month CD Special
3.75%$500-30 Month CD Special
3.75%$500-Business 6 Month CD
3.75%$500-Business 12 Month CD
3.75%$500-Business 18 Month CD
3.75%$500-Business 30 Month CD Special
3.30%$500-36 Month Step Up CD Year 1
3.30%$500-36 Month Step Up CD Year 2
3.30%$500-36 Month Step Up CD Year 3
3.30%$500-Business 36 Month Step Up CD Year 1
3.30%$500-Business 36 Month Step Up CD Year 2
3.30%$500-Business 36 Month Step Up CD Year 3
3.25%$500-24 Month CD
3.25%$500-Business 24 Month CD
3.00%$500-3 Month CD
3.00%$500-36 Month CD
3.00%$500-48 Month CD
3.00%$500-60 Month CD
3.00%$500-Business 3 Month CD
3.00%$500-Business 36 Month CD
3.00%$500-Business 48 Month CD
3.00%$500-Business 60 Month CD

SCU Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$250-9 Month IRA Special
3.75%$250-12 Month IRA
3.75%$250-18 Month IRA
3.75%$250-15 Month IRA Special
3.75%$250-30 Month IRA Special
3.30%$500-36 Month Step Up IRA Year 1
3.30%$500-36 Month Step Up IRA Year 2
3.30%$500-36 Month Step Up IRA Year 3
3.25%$250-24 Month IRA
3.00%$250-60 Month IRA
3.00%$250-36 Month IRA
3.00%$250-48 Month IRA
0.05%$5-IRA Share Account
Locations

Availability

Boston Area

Interactive local rates map


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