SCU Credit Union


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

SCU Credit Union is headquartered in Sharon and is the 10th largest credit union in the state of Massachusetts. It is also the 360th largest credit union in the nation. It was established in 1956 and as of March of 2024, it had grown to 157 employees and 81,355 members at 14 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
Employees157
Primary Regulator
Profit Margin
Return on Assets - YTD0.05%
Return on Equity - YTD0.44%
Annual Interest Income$12MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$1.31B$1.25B
LoansQ1 2024vs Q1 2023$870MM$851.9MM
DepositsQ1 2024vs Q1 2023$1.03B$1.02B
Equity CapitalQ1 2024vs Q1 2023$150.4MM$141.2MM
Loan Loss AllowanceQ1 2024vs Q1 2023$4.8MM$5.2MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$3.8MM$2.3MM
Real Estate OwnedQ1 2024vs Q1 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
5.00%*$10$2.5kSCU Direct Savings Account
OTHER TIERS: 0.05% $250k+ | 1.00% $10k - $250k | 2.96% $2.5k - $10k
0.05%$5-IRA Share Account
0.01%$5-Share Account
0.01%$2-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
5.00%$500-7 Month CD - New Money
4.50%$500-15 Month CD Special
4.50%$500-Business 15 Month CD Special
4.25%$500-12 Month CD
4.25%$500-30 Month CD Special
4.25%$500-Business 12 Month CD
4.25%$500-9 Month CD Special
4.25%*$2.5k*-Business 9 Month CD Special
OTHER TIERS: 3.95% $500 - $2.5k
3.75%$500-6 Month CD
3.75%$500-18 Month CD
3.75%$500-Business 6 Month CD
3.75%$500-Business 18 Month CD
3.50%$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
4.45%$250-15 Month IRA Special
4.25%$250-Business 12 Month IRA
4.20%$250-12 Month IRA
4.20%$250-30 Month IRA Special
4.20%$250-9 Month IRA Special
3.75%$250-Business 18 Month IRA
3.70%$250-18 Month IRA
3.30%$500-Business 36 Month Step Up IRA Year 1
3.30%$500-Business 36 Month Step Up IRA Year 2
3.30%$500-Business 36 Month Step Up IRA Year 3
3.25%$500-36 Month Step Up IRA Year 1
3.25%$500-36 Month Step Up IRA Year 2
3.25%$500-36 Month Step Up IRA Year 3
3.25%$250-Business 24 Month IRA
3.20%$250-24 Month IRA
3.00%$250-Business 36 Month IRA
3.00%$250-Business 48 Month IRA
3.00%$250-Business 60 Month IRA
2.95%$250-60 Month IRA
2.95%$250-36 Month IRA
2.95%$250-48 Month IRA
Locations

Availability



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