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 Broward, Brevard, Collier, Flagler, Indian River, Lake, Nassau, Lee, Manatee, Duval, Marion, Martin, Hillsborough, Miami-Dade, Monroe, Okeechobee, Orange, Clay, Osceola, Palm Beach, Pasco, Polk, Putnam, Seminole, St. Johns, St. Lucie, Sumter, Volusia, or Pinellas Counties, Florida. Family members of existing credit union members are also eligible to join.
See current membership details
Related Posts
4/8 - 3.85% APY 60 Month IRA Certificate And Other Competitive IRA Rates
2/22 - 3.29 % 15 Month CD (Expired)
2/20 - Space Coast Credit Union Has New 15-Month CD - EXPIRED
11/17/10 - 2.52% 5-Year CD & IRA CD At Space Coast Credit Union In Florida
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
P.A.F.B SCCU Experience
Went into the SCCU branch on May 25, 2019.Have not been in there for a long while. One of the tellers remembered me right away( Barbara Kelly).She has been with the SCCU bank for a long time. As we have as a retired Military Family,20 years plus. She made me feel welcomed and by end of visit there l was crying . Need more people working at the branches who care about their customers like family. The whole staff is wonderful at that branch. Did also tell the Bank manager there about my experience. Barbara Kelly and staff deserve store of the year in my opinion! Thank you for your time
Called About Special Rate
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...
I made a poor decision
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.
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67297 |
| Year Chartered | 1951 |
| Employees | 819 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.23% |
| Return on Equity - YTD | 8.76% |
| Annual Interest Income | $151.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $4.14B$4.03B |
| Loans | Q4 2018vs Q4 2017 | $3.52B$3.25B |
| Deposits | Q4 2018vs Q4 2017 | $3.51B$3.42B |
| Equity Capital | Q4 2018vs Q4 2017 | $586.0MM$534.6MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $63.5MM$54.7MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $24.6MM$24.8MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $2.1MM$5.7MM |
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.
3.85% APY 60 Month IRA Certificate And Other Competitive IRA Rates
Field of Membership limited to specific Florida counties
3.75% APY 54 Month
3.70% APY 48 Month
3.55% APY 42 Month
3.49% APY 36 Month
3.34% APY 30 Month
3.29% APY 24 Month
3.09% APY 18 Month
3.03% APY 12 Month
https://www.sccu.com/Personal/Deposit-Loan-Rates/Rates/CDs
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
Space Coast Credit Union Money Market Rates
Space Coast Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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 | |||||
