Featured Savings Rates
Featured Accounts

Space Coast Credit Union

Popular Accounts at this Credit Union

1.61%5-year CD54 Month CD
1.61%5-year IRA54 Month IRA CD (Traditional, Roth, CESA)
0.30%1-year CD12 Month CD

Overview / Commentary
8045 N Wickham Rd
Melbourne, FL 32940-7920

Space Coast Credit Union is headquartered in Melbourne and is the 3rd largest credit union in the state of Florida. It is also the 42nd largest credit union in the nation. It was established in 1951 and as of September of 2016, it had grown to 887 employees and 354,843 members at 60 locations. Space Coast Credit Union has an A health rating.

Field of Membership Restrictions

Membership in Space Coast Credit Union is open to those who live or work in Brevard, Flagler, Broward, Indian River, Miami-Dade, Martin, Orange, Monroe, Osceola, Palm Beach, Seminole, St. Johns, St. Lucie, or Volusia Counties in Florida.
See current membership details

Related Posts

$65 For Opening A Free Checking Account At SCCU - 7/8/2016

My local credit union has this checking account promo https://www.sccu.com/65Checking NEW FREE CHECKING OFFER: Offer applies to new checking account type of Free Checking between June 1, 2016 through close of business on December 31, 2016 by account holders age 22 or greater. Account documents must be signed at an SCCU branch location to qualify and promo code ANNCHK must be mentioned at the time of account opening with Express Sales. To qualify for the $65 deposit, the new checking account must be used for a total of ten (10) purchase or payment transactions (ATM and Branch transactions do not qualify) within 30 days and direct deposit to SCCU checking account must be activated.

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Fantastic local credit union!

Posted by: Danolee | Nov 2, 2015

I have been banking with Space Coast Credit Union for over eight years now and I've never had a problem with them or a problem they didn't immediately work with me about (if there was a glitch/error on their end) and then fix. Their ATMs/banks have been plentiful and growing steadily throughout Brevard County with customer service that's always quick, friendly, and more than willing to take the extra step to make sure that you're helped and shown that your money matters. Their online response for me when I was stuck at home was also incredible and the one time I had unknown charges made to my account they were fast to respond on a weekend! My roommate has had gone with at least three big-known banks that have all stolen money from him and did minimal help when identity theft happened to him.

Review Of My Local Bank

Posted by: Lasko | Apr 27, 2016

Space Coast credit Union is a bank that is located in Florida. I have purchased a car by getting an loan throuhg them, and I also have a savings account with SSCU. I have been with SCCU for about 3 years now. I did have to apply to be a member with them, and wait for their approval. Once I was accepted I was then able to open my savings account and apply for my car loan. They offer this member's rewards program, I was sent a little rewards card in the mail. They base the rewards levels on participation of your household and it applies to both my car loan and my savings account, but if you';re a member with them every different type of account like CD's, Credit Cards, etc goes toward you member level. The great thing I like about the member rewards is it qualifies me for discounts. I am a premier level but the levels go all the way up to diamond elite. The only thing that ever really upset me was, i thought I was signed up on paperless statements, and I found out the hard way i was set up on both paper and paperless. They charge $1 to mail me a paper statement, and I didn't know I was getting charged for like 2yrs. So every month I transfer my car payment from one of my other bank accounts into my savings account with SCCU. All of a sudden I'm getting a call from collections this past November telling me I hadn't made my car payment. I explained yes I did and I have been making the same payment on the same day for two years. The customer service rep I spoke with was very nice and helpful. She explained the issue, and I was able to go into my online banking and cancel the paper statements. Since I was getting charged for these it had brought the balance of my account down too low, so they couldn't pull my car payment without my balance getting below the required monthly balance. I just transferred a few extra dollars in from my other account and all was well again. I called back the next day, got another customer service rep that was able to see the notes from the previous day, and she waived the late fee on the car payment, since I had attempted to make the payment and just didn't know I had been paying $1 for paper statements for 2 years. Another great service they offer, since they're only located in Florida, is if you travel they'll connect you with many other credit unions they work with, so you can go out of state and use one of the branches they work with and avoid any type off fees and things like that. Another great feature they offer is with a checking account, they call is ODP, and depending on your direct deposit amount you can qualify for $500-$1000, that you can withdraw in cash, and actually overdraw your account, then when you pay it back you just pay a $25 fee. I thought this was amazing because most banks won't just hand you over $500-$1000 if it's not in your account, but they do require you to be on direct deposit to get this feature. I have had a great experience using SCCU for my savings and car loan. I'm not a bug fan of their online banking I think it needs some work. it's not as user friendly as others I have come across, however they did finally come out with mobile banking. i think they're a little behind the times of technology but they're working to get caught up and that's a step in the right direction in my eyes. I look forward to many more years of membership with them

Simple Online Tasks Are Failures!

Posted by: Mlch | Jan 4, 2017

They are far behind Wells Fargo, I hate to say this but we have tried many times to link my account and my boyfriends account so money transfers can be quick and simple, we even went to the location to get that done and our accounts are still NOT linked. I am having an impossible time trying to link my account to PAYPAL, I click on the PAYPAL link page and sign in and it just loads and loads and loads. I left the page on for 8 hours when I went to work and it was still loading after 8 hours!!!!

Once these problems get resolved and their online issues stop occurring, I will delete this review!

I made a poor decision

Posted by: drakeg20 | May 3, 2015

It was recommended to me to use Space Coast Credit Union but their checking and savings accounts are a joke. After a small period of time they quietly limit the amount you can transfer and don't say anything so I ended up with all kinds of outrageous fees at the end of the month.These kinds of tactics were quietly withheld from me during the signup process at the bank. I was told I would never pay any fees, etc. When I called to politely complain the customer service person hung up on me. I've since done some research on their overall financial health after the wall street crash of 2008 and it seems space coast credit union is on borrowed time which explains why they are now employing the shady tactics of big banks.



Health Grade Components

NCUA #67297
Year Chartered1951
Primary Regulator
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD7.56%
Annual Interest Income$86.8MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$3.78B$3.47B
LoansQ3 2016vs Q3 2015$2.90B$2.63B
DepositsQ3 2016vs Q3 2015$3.19B$2.93B
Equity CapitalQ3 2016vs Q3 2015$482.1MM$451.0MM
Loan Loss AllowanceQ3 2016vs Q3 2015$51.6MM$53.2MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$36.4MM$48.5MM
Real Estate OwnedQ3 2016vs Q3 2015$12.7MM$14.4MM
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Space Coast Credit Union Savings Account Rates

1.01%--Health Savings Account
0.50%*$250k*-IRA Savings
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $10k | 0.30% $10k - $25k | 0.35% $25k - $50k | 0.40% $50k - $100k | 0.45% $100k - $250k
0.50%*$250k*-Roth IRA Savings
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $10k | 0.30% $10k - $25k | 0.35% $25k - $50k | 0.40% $50k - $100k | 0.45% $100k - $250k
0.50%*$250k*-Coverdell Education Savings Account
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $10k | 0.30% $10k - $25k | 0.35% $25k - $50k | 0.40% $50k - $100k | 0.45% $100k - $250k
0.27%*$100k*-Share Savings
OTHER TIERS: 0.08% Up to $2,500 | 0.12% $2,500 - $10k | 0.18% $10k - $50k | 0.22% $50k - $100k
0.27%*$100k*-Optional Savings
OTHER TIERS: 0.08% Up to $2,500 | 0.12% $2,500 - $10k | 0.18% $10k - $50k | 0.22% $50k - $100k
0.15%--Christmas Club

Space Coast Credit Union Money Market Rates

0.45%$50k-Premium Investors Money Market Savings w/Active Checking
0.40%*$100k*-Money Market Checking
OTHER TIERS: 0.15% $5k - $10k | 0.20% $10k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k
0.40%*$100k*-Money Market Savings
OTHER TIERS: 0.15% $2,500 - $10k | 0.20% $10k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k
0.35%$15k-Investors Money Market Savings w/Active Checking
0.25%$50k-Premium Investors Money Market Savings w/o Active Checking
0.15%$15k-Investors Money Market Savings w/o Active Checking

Space Coast Credit Union Checking Account Rates

0.08%--Interest Checking

Space Coast Credit Union CD Rates

1.86%$500-60 Month CD
1.86%$500-Business 60 Month CD
1.61%$500-54 Month CD
1.61%$500-Business 54 Month CD
1.41%$500-48 Month CD
1.41%$500-Business 48 Month CD
1.16%$500-42 Month CD
1.16%$500-Business 42 Month CD
0.95%$500-36 Month CD
0.95%$500-Business 36 Month CD
0.75%$500-30 Month CD
0.75%$500-Business 30 Month CD
0.50%$500-24 Month CD
0.50%$500-Business 24 Month CD
0.40%$500-18 Month CD
0.40%$500-Business 18 Month CD
0.30%$500-12 Month CD
0.30%$500-Business 12 Month CD
0.25%$500-6 Month CD
0.25%$500-Business 6 Month CD

Space Coast Credit Union IRA Rates

1.86%$500-60 Month IRA CD
1.61%$500-54 Month IRA CD
1.41%$500-48 Month IRA CD
1.16%$500-42 Month IRA CD
0.95%$500-36 Month IRA CD
0.75%$500-30 Month IRA CD
0.50%$500-24 Month IRA CD
0.40%$500-18 Month IRA CD
0.30%$500-12 Month IRA CD
0.25%$500-6 Month IRA CD

Space Coast Credit Union has 60 locations. Click to view all Space Coast Credit Union locations.