Our Cooperative Structure

Founded in 1943, Scott Credit Union is a full-service financial institution providing financial services for individuals and businesses, including free checking accounts with interest, ATMs, credit and debit cards, new and used vehicle loans, mortgage loans, unsecured lines of credit, savings products, online banking, free online bill paying and much more.

Scott Credit Union, like all credit unions, is a not-for-profit financial cooperative that offers banking services. When someone opens an account with a credit union, they become a member and an owner.

Conducting financial business with a credit union saves consumers money. Scott Credit Union offers similar products and services to what the conventional financial institutions have, but we do so with our members’ best interest in mind.

Your experience with Scott Credit Union is about more than money, it’s about you getting the most value for your money and reaching your financial goals.

Our products and services and pricing are driven by our members, not by stock holders looking to increase their net worth. Our Board of Directors consists of members who are volunteers that consistently provide strategic direction with our members’ financial well-being as our priority.

Credit unions typically pay more interest on savings, charge lower rates on loans, and help members avoid many of the fees that banks charge their customers.

We want you to be familiar with what a credit union is and how we function. The word ’member’ leads people to believe there is some cost or fee associated with the membership. That simply is not the case. We require a minimum savings account balance of $5.00. That deposit is your membership share. That’s it.

Get started today – become a member of Scott Credit Union!