Space Coast Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.81% | 5-year CD | 54 Month CD 3.00% - Barclays 60 Month Online CD |
| 1.81% | 5-year IRA | 54 Month IRA CD (Traditional, Roth, CESA) 1.94% - National Average |
| 1.10% | 1-year CD | 12 Month CD 2.40% - Ally Bank High Yield 12-Month CD |
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, 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
11/22/09 - 2.68% Reward Checking Account at a South Florida CU (Eastern Financial Florida)
10/17/09 - 2.25% 7-Month CD Continues at Eastern Financial Florida CU (Division of SCCU) - Local Only
1/24/09 - 3.40% 13-Month CD at Eastern Financial Florida Credit Union
9/7/08 - 4.50% 11-Month CD at a Florida CU (Space Coast)
10/5/07 - 5.55% 5-Month CD at a Florida CU (Space Coast).
10/5/07 - 5.35% 7-Month CD at a Florida CU Continues (Space Coast)
6/7/07 - 5.55% 13-Month / 5.55% 27-Month CD at Eastern Financial Florida CU
12/8/06 - 5.75% 7-Month CD at a Florida CU (Eastern Financial)
6/18/06 - 5.50% 11-Month CD at a Florida CU
4/17/06 - 5.25% 7-Month CD at a Florida CU
Banking with a Credit Union
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.
SCCU - great choice for Floridians
Since I was tired of all the fees from the big banks and needed a new account I decided to check out my local branch of Space Coast Credit Union. They had truly free checking and savings and the tellers and personal bankers had excellent customer service. I was looking to open an account so I could keep my self employment income separate from other income. I believed I needed a business account but they worked with me to explain how I could successfully use one of the free checking accounts. Because I declined to allow the overdraft option on my debit card, when a charge somehow went through anyway, they covered it without any problem and immediately reversed the overdraft fee. I've recommended this bank to several friends and happy to be a customers.
Space Coast mediocre
I called in because I was locked out from my online banking. When I called I had to talk to four different people before getting to someone that could truly help me. It made me extremely annoyed and wasted my time. I really feel like they could have done better in this department.
Bank was okay but customer service was lacking
The credit union as a whole was okay but one particular branch was just awful. And because they are small I had no choice but to use that particular location quite often. The managers were less than helpful and if you appeared upset at all because they were totally inept then they would refuse to help you. I had a state check that they tried to put a hold on and as I explained that it was a government check I was told I was wrong. I had to go to the regional manager and wait several days for a response. So I changed banks to a national chain and am now much happier
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67297 |
| Year Chartered | 1951 |
| Employees | 822 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.2% |
| Return on Equity - YTD | 9% |
| Annual Interest Income | $33.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $4.19B$4.00B |
| Loans | Q1 2018vs Q1 2017 | $3.32B$3.02B |
| Deposits | Q1 2018vs Q1 2017 | $3.56B$3.41B |
| Equity Capital | Q1 2018vs Q1 2017 | $546.9MM$497.5MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $55.4MM$52.4MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $17.0MM$25.6MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $3.4MM$11.2MM |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 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 | |||||
| 0.27%* | $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 | |||||
| 0.27%* | $100k* | - | Business Share 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.85%* | $250k* | - | Money Market Savings | ||
| OTHER TIERS: 0.15% → $2,500 - $10k | 0.35% → $10k - $25k | 0.45% → $25k - $50k | 0.65% → $50k - $100k | 0.75% → $100k - $250k | |||||
| 0.85%* | $250k* | - | Business Money Market Savings | ||
| OTHER TIERS: 0.15% → $2,500 - $10k | 0.35% → $10k - $25k | 0.45% → $25k - $50k | 0.65% → $50k - $100k | 0.75% → $100k - $250k | |||||
| 0.75%* | $250k* | - | Money Market Checking | ||
| OTHER TIERS: 0.15% → $5k - $10k | 0.25% → $10k - $25k | 0.35% → $25k - $50k | 0.55% → $50k - $100k | 0.65% → $100k - $250k | |||||
| 0.75% | $50k | - | Premium Investors Money Market Savings w/Active Checking | ||
| 0.65% | $50k | - | Premium Investors Money Market Savings w/o Active Checking | ||
| 0.35% | $15k | - | Investors Money Market Savings w/Active Checking | ||
| 0.15% | $15k | - | Investors Money Market Savings w/o Active Checking | ||
Space Coast Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $75k* | - | Business Interest Checking | ||
| OTHER TIERS: 0.17% → $7,500 - $10k | 0.21% → $10k - $25k | 0.25% → $25k - $50k | 0.30% → $50k - $75k | |||||
| 0.08% | - | - | Interest Checking | ||
Space Coast Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $500 | - | 60 Month CD | |
| 1.81% | $500 | - | 54 Month CD | |
| 1.61% | $500 | - | 48 Month CD | |
| 1.56% | $500 | - | 42 Month CD | |
| 1.51% | $500 | - | 36 Month CD | |
| 1.36% | $500 | - | 30 Month CD | |
| 1.31% | $500 | - | 24 Month CD | |
| 1.21% | $500 | - | 18 Month CD | |
| 1.10% | $500 | - | 12 Month CD | |
| 0.80% | $500 | - | 6 Month CD |
Space Coast Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $500 | - | 60 Month IRA CD | |
| 1.81% | $500 | - | 54 Month IRA CD | |
| 1.61% | $500 | - | 48 Month IRA CD | |
| 1.56% | $500 | - | 42 Month IRA CD | |
| 1.51% | $500 | - | 36 Month IRA CD | |
| 1.36% | $500 | - | 30 Month IRA CD | |
| 1.31% | $500 | - | 24 Month IRA CD | |
| 1.21% | $500 | - | 18 Month IRA CD | |
| 1.10% | $500 | - | 12 Month IRA CD | |
| 0.80% | $500 | - | 6 Month IRA CD |
