Category: Scott Credit Union News



We’re With You During These Difficult Times

Monday, November 16, 8:30 a.m.

Dear Members,

To do our part in protecting our employees and members and reduce transmission of the COVID virus as we head into the holidays, all SCU lobbies will be closed beginning today. Please remember that we can accommodate most of your needs through our branch drive-ups that will remain open during regular business hours.

While this again is a difficult decision for us to make, our top priority during the COVID-19 pandemic remains the safety of our employees and members while continuing to provide essential services.

You can access your accounts using our free online and mobile banking services, and you can apply for a loan and open new accounts through our website at scu.org.

We appreciate your patience as we navigate changes due to the pandemic.

As always, thank you for choosing to be a member of Scott Credit Union. We know you have many choices when it comes to financial services. Please know that we have always been, and will always be, With You.

Sincerely,
Frank Padak
President & CEO
Scott Credit Union

Also see our COVID-19 Resources page

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Payment Protection Program Scam Alert

SBA Releases Paycheck Protection Program Loan Recipient Data

During one of the toughest economic times in recent history, the Small Business Administration’s Paycheck Protection Program brought relief to thousands of U.S. businesses. And, as of this month, it’s now public knowledge who the loan recipients are.

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Stimulus payments expected to arrive soon

Stimulus payments expected to arrive soon

This week, President Donald Trump signed the coronavirus relief package into law, which includes $600 stimulus checks for eligible tax filers. Much like the stimulus payment from earlier this year, the payments are based on 2019 tax return information and will be delivered using the same method. The U.S. Treasury Department has stated that the roll-out for direct deposits has begun, and payments will arrive in accounts this week or next. Paper checks began mailing out on Wednesday, Dec. 30 and are expected to arrive in mailboxes within 1-2 weeks.

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Scott Credit Union Gives Back $700,000 to Its Members

November Bonus Dividend, Loan Interest Rebate Are Benefits of Membership with Local Financial Institution

A decades-long tradition continues: Just in time for the holidays, Scott Credit Union’s active members have once again received the gift of extra money in their accounts.

The credit union’s board of directors approved a bonus dividend and loan interest rebate in November, giving back approximately $700,000 to members. The money was directly deposited recently into Scott Credit Union members’ accounts.

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Scott Credit Union Opens Branch in Affton, MO

Location is Local Credit Union’s Fifth in St. Louis Market

In December, the credit union officially opened the drive-up for its new branch at 9100 Gravois Road in Affton, MO.

The newest SCU location features two drive-up teller windows and a drive-up ATM, perfect for socially distanced banking.

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