Overview / Commentary
321-752-2222
8045 N Wickham Rd
Melbourne, FL 32940-7920

With just seven original members and $372 in combined assets, Space Coast Credit Union (“SCCU”) was founded, as Patrick Air Force Base Credit Union, in 1951. Today, headquartered in Melbourne, Florida, SCCU serves over 300,000 members at over 50 locations along Florida’s east coast. It remains a member-owned, not-for-profit financial cooperative.

SCCU offers both personal and business banking products and services. Its personal checking accounts – which include money market checking, student checking, and health savings checking accounts – all feature free debit cards, convenient online and mobile banking, and available overdraft services. In addition to money market checking accounts, SCCU also offers money market savings accounts with tiered interest rates, including multiple “Investors” money market accounts – which have higher interest yields, but also higher minimum opening deposits and minimum daily balances.

SCCU also offers personal savings accounts (a Share Savings Account is required for membership), Individual Retirement Accounts (IRAs), and Certificates of Deposit (CDs). Its IRA options include both IRA savings accounts and IRA CDs, and its CD terms range from 6 – 60 months. SCCU’s deposit funds are insured by the National Credit Union Administration (NCUA).

As far as business banking products go, SCCU offers business checking accounts, business Share Savings accounts (required for membership), business money market savings accounts, and business CDs (with terms from 6 to 60 months). The business checking accounts vary based upon transaction volume. Just like with its personal banking products, SCCU offers convenient online and mobile banking options to its business customers.

Field of Membership Restrictions

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

Related Posts

3.29 % 15 Month CD (Expired) - 2/22/2019

As a member of Space Coast Credit Union I got an email telling me about the 15 month special CD with 3.29%. I verified on the phone that it was a 15 month CD with no strings attached or need to be new money. I was informed on the phone and in person that if I failed to remove the money during the 10 day maturity that it would roll over into a 12 month CD at the prevailing rate. I ran in and took advantage of it. I have seen no other CU or Banks with as good of rate for such a short period of time. https://www.sccu.com/Personal/Deposit-Loan-Rates/Rates/CDs

Space Coast Credit Union Has New 15-Month CD - EXPIRED - 2/20/2019

Expired: Space Coast Credit Union (FL) has currently offering a 15-month CD, which earns 3.29% APY. Minimum opening deposit is $500 with no stated balance cap.

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Banking with a Credit Union

Posted by: rexarcher | Dec 22, 2017

My experience has been nothing less than great. I'm happy to have used them for my banking needs. I always felt being a part of a Credit Union is better than just being part of a bank. The experience seems more personal and the rates for are pretty good. I would absolutely recommend them.

Called About Special Rate

Posted by: garyh1961 | Feb 21, 2019

Little deceptive . Yes you get the rate for 15 month. But also required to renew another 12 month at rate when renews. So actually a 27 month cd. And probably will average 2.90 over the total . So not really any better than a straight 12 month cd at any other bank. The rate games need to stop...

Not Really Sure

Posted by: ItsTrue | Sep 9, 2018

I live in the volusia area. So I got a second bank account, for my new online business. I decided to go with a credit union thinking that they wouldn't nickel and dime me every month like BOA.

I deposited money and got my card. About a month later I get a letter saying that my card had been used in a bad online transaction, so they sent me another one. Well I had to spend all day setting up my new card number with paypal, and all of my suppliers. What a hassle! And I had only used my card three times, on ebay and one store that I've ordered from for years!! So it makes absolutely no sense to have to go through all of that.

Not only that, because I am trying to run a business using this card, about 80% of the time, when I go to purchase something online, the card is denied by the seller, claiming that there is 'fraud protection' in place. That's right, SCCU wont let me use my own debit card to purchase online most of the time. So I solved that problem by setting up my new card through paypal, so I could continue to make purchases for my business without having to make a phone call because my funds got frozen thanks to SCCUs incredibly tight 'security measures'! What a hassle, paypal charges me extra sometimes for transfers and purchases too so im still getting nickeled and dimed to death anyway.

Not only that, last week I had to make a transfer from my sccu account to my boa account. 9 days later the funds haven't cleared. I'm calling them on Monday (what kind of bank doesn't have 24 hour service?!) and ask them why my funds haven't been deposited yet.

I have a lot going on and I don't have time to switch banks right away, and go through he whole process of setting up a new financial institution for my business. but some day I will shop around and try to find a bank that will let me use my account and my card as it was intended.

And their website looks like it hasnt been updated since 2005. I haven't even downloaded the app due to the poor reviews so it inconvenient to only be able to check my account when i have my laptop around.

Incompetent And Deceptive

We've had nothing but one bad experience after another from this scam of an institution. There's no accountability for their constant policy/fee changes and downright deception and lying. Find anywhere else to do business.

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Health

Health Grade Components

Overall
NCUA #67297
Year Chartered1951
Employees819
Primary Regulator
Profit Margin
Return on Assets - YTD1.23%
Return on Equity - YTD8.76%
Annual Interest Income$151.2MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$4.14B$4.03B
LoansQ4 2018vs Q4 2017$3.52B$3.25B
DepositsQ4 2018vs Q4 2017$3.51B$3.42B
Equity CapitalQ4 2018vs Q4 2017$586.0MM$534.6MM
Loan Loss AllowanceQ4 2018vs Q4 2017$63.5MM$54.7MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$24.6MM$24.8MM
Real Estate OwnedQ4 2018vs Q4 2017$2.1MM$5.7MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

3.29 % 15 Month CD (Expired)

crispydinosaur   |  
As a member of Space Coast Credit Union I got an email telling me about the 15 month special CD with 3.29%. I verified on the phone that it was a 15 month CD with no strings attached or need to be new money. I was informed on the phone and in person that if I failed to remove the money during the 10 day maturity that it would roll over into a 12 month CD at the prevailing rate. I ran in and took advantage of it.
I have seen no other CU or Banks with as good of rate for such a short period of time.

https://www.sccu.com/Personal/Deposit-Loan-Rates/Rates/CDs

Rates
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Always verify rates and promotions with the bank or credit union. We are not Space Coast 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.

Space Coast Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*$250k*-IRA Savings
OTHER TIERS: 1.00% Up to $50k | 1.25% $50k - $250k
1.00%--Health Savings Account
0.40%--Christmas Club
0.30%*$100k*-Share Savings
OTHER TIERS: 0.25% Up to $100k
0.30%*$100k*-MyWay Savings
OTHER TIERS: 0.25% Up to $100k
0.30%*$100k*-Business Share Savings
OTHER TIERS: 0.25% Up to $100k
0.30%*$100k*-Youth Savings
OTHER TIERS: 0.25% Up to $100k

Space Coast Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*$250k*-Money Market Savings
OTHER TIERS: 0.50% $2.5k - $10k | 0.75% $10k - $25k | 0.85% $25k - $50k | 1.00% $50k - $100k | 1.26% $100k - $250k
1.51%*$250k*-Business Money Market Savings
OTHER TIERS: 0.50% $2.5k - $10k | 0.75% $10k - $25k | 0.85% $25k - $50k | 1.00% $50k - $100k | 1.26% $100k - $250k

Space Coast Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$50k*-Interest Checking
OTHER TIERS: 0.25% Up to $5k | 0.50% $5k - $50k
0.75%*$50k*-Business Interest Checking
OTHER TIERS: 0.50% $7.5k - $50k

Space Coast Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.29%$500-60 Month CD
3.14%$500-54 Month CD
3.03%$500-48 Month CD
2.88%$500-42 Month CD
2.83%$500-36 Month CD
2.68%$500-30 Month CD
2.63%$500-24 Month CD
2.42%$500-18 Month CD
2.37%$500-12 Month CD
2.01%$500-6 Month CD

Space Coast Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.80%$500-60 Month IRA CD
3.65%$500-54 Month IRA CD
3.55%$500-48 Month IRA CD
3.39%$500-42 Month IRA CD
3.34%$500-36 Month IRA CD
3.19%$500-30 Month IRA CD
3.14%$500-24 Month IRA CD
2.93%$500-18 Month IRA CD
2.88%$500-12 Month IRA CD
2.52%$500-6 Month IRA CD
Locations

Availability

Orlando Area

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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.