Scott Credit Union Loan Options

Get the cash you need at the best rates, with the service and convenience you deserve.

SCU is With You for Every Financial Milestone

credit union loan can be a quick, affordable way to get the cash you need for whatever is next for you. Let us help you fund college, buy a home or a car, refinance your mortgage, get a credit card with low interest rates, and more. SCU is with you through it all, and we can help you fund it all.

Learn more about how credit union loan rates compare to conventional bank loan rates, then find the loan below that’s right for you.

Explore our loan options, and reach out today to begin your application. With SCU, getting your next loan is as easy as: 1, 2, 3…

1. Join
2. Apply
3. Buy
Get Your Loan!
Loans and Services We Offer
SCU Vehicle Loans

Whether you’re in the market for a family car or you’re ready to find that RV, motorcycle, boat, or other type of vehicle, we offer low rate auto loans, plus great rates on other loans, with the quick approval and flexible terms you need to feel confident about your financing.

SCU Auto Loans Feature:

Low interest rates

Fast approvals and pre-approvals

Flexible repayment terms as long as 84 months

100% financing for qualified borrowers

Apply in person at your local Scott Credit Union branch, or from one of the many local car dealerships that off Scott Credit Union financing. Learn more by clicking the button below.

woman smiling in her new car image
Consumer Loans

Get a personal credit union loan to consolidate debt, manage emergency expenses, fund holiday or back to school purchases, and more. We’ll match you with the right loan and the right interest rates and terms to help you stay on track with your financial plan.

Consumer Loans include:

Signature Loans: Apply for a signature loan when you need quick cash to use for anything, from debt consolidation to holiday gift purchases. These loans don’t require any collateral, and you can be approved and have cash in-hand within the week.

Pledge Share Loans: Get a personal loan with even lower interest rates when you use your share savings or share certificates balance as collateral. This is a great solution when you need cash, but don’t want to access your savings or investments.

Ready Reserve Overdraft Protection: A pre-approved line of credit connected to your checking account. This solution provides overdraft protection and peace-of-mind in case of emergencies or unexpected expenses. Must be over 18.

Apply for personal loans and learn more about current loan rates, special offers, and repayment terms by clicking the button below.

couple getting a consumer loan image
Scott Credit Union Credit Cards

You might not normally think of credit cards as loans, but in essence, they’re a method of taking out recurring short-term loans with a pre-approved maximum loan limit. Scott Credit Union credit cards can be a helpful way to build credit, maximize purchasing power, and enjoy fixed low interest rates and no annual fees.

photo of woman using credit card

Choose your credit card today, and start earning rewards with a card that’s right for you:

eXtreme Visa® Credit Card

Credit Builder Program eXtreme Visa

Secured Credit Card

SCU Student Loans

Scott Credit Union offers educational credit union loan options in partnership with Sallie Mae®. Visit the Sallie Mae website for information about student loan options for undergraduate or graduate higher education.

image of man graduating with student loans
Home Equity Line of Credit (HELOC)
HELOCs are a revolving line of credit you access whenever you need additional funds. These lines of credit are great for people who don’t plan to spend all of the loan proceeds at once, but are planning for current and future needs. Common uses for HELOCs include home improvements, debt consolidation, or major purchases. This lets you have the flexibility to borrow only what you need, when you need it.

Features of our Home Equity Line of Credit:

Low monthly payments

Borrow up to 90% of your home’s equity

Enjoy no closing costs for most lines of credit

No annual fee

No prepayment penalties

Interest may be tax-deductible (consult a tax advisor regarding the deductibility of interest)

Loan amounts $10,000 up to $500,000

10-year draw period followed by a 15-year repayment period

Easily access your Line of Credit using Online or Mobile Banking, using a HELOC check, or visiting your local branch.

Note: The rate on an SCU HELOC is subject to change monthly based on the Wall Street Journal Prime Rate.

Home Loan Mortgage

Think of Scott Credit Union first when it comes to home loans. Our team of professional loan advisors will work with you to take the stress out of the mortgage process, whether buying or refinancing your existing loan.

Explore what the SCU full service mortgage department can do to help you qualify for your next:

VA Loan

FHA Loan

Jumbo Loan

Single Close Construction Loan

Home Equity Line of Credit

Learn more about what our mortgage team can do for you, from zero down payment options to fixed rate loans, and more. Click the button below to choose your credit union loan product and contact the Mortgage Loan Originator who can help you experience a quick, stress-free mortgage application process.

image of couple with new home
Debt Protection

Does your family have a safety net if the unexpected hits? Insuring your loan balance or loan payments against death, disability, or involuntary unemployment could help protect your finances.

Debt protection plans could cancel your loan balance or payments up to the contract maximums. Life Plus adds protection for life events such as accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent. Protect your loan balance or loan payments today so your family can worry a little bit less about tomorrow.

Debt Protection

Disclosure: Your purchase of debt protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of debt protection. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.

Government Shutdown Loans

Scott Credit Union is there to help to our members who will not be paid due to a shutdown of the U.S. government. Please note, this loan is only available during times of a U.S. government shutdown.


  • Current SCU member in good standing
  • Actively employed with the US government
  • Have missed one or more paychecks due to the government shutdown


  • Members can borrow up to 100% of your regularly scheduled net pay*
  • 0% Annual Percentage Rate**
  • No payments for 60 days
  • Maximum 6 month loan term

Members will need to have had their government payroll directly deposited into a Scott Credit Union account or provide your two most recent  paystubs***.

To apply stop by any of the Scott Credit Union branches or call us at (618) 345-1000.

*The maximum loan amount will be equivalent to that of the last net pay within 30 days prior to the request.**The rate is 0% APR. For example, if $1,000 is borrowed and the rate is 0% APR for 6 months, the monthly payment would be $166.67. Other restrictions may apply. Contact us for details. ***Paystubs must have been issued within the previous 45 days.

Want more information or ready to apply?

Contact a Loan Consultant

Visit any SCU branch

Make Scott Credit Union Loan Payments

Pay your SCU loan using one of our convenient payment options. Click each section to learn more:

Make a SCU Loan Payment from your SCU Account

Use your SCU login to access your online account dashboard and transfer credit union loan payments from your SCU checking or savings account.

Make a SCU Loan Payment from a non-SCU Account

Make a one-time online loan payment from a checking account at another financial institution using our online payment tool. You’ll need your routing number and account number for the account you’ll use for payment, as well as your SCU member number, the last four digits of the account holder’s Social Security Number, or that member’s birthday.

Call our Member Contact Center at (800) 888-4728 or stop by any of our Illinois or Missouri branches to set up automatic loan payments from your SCU account. You can also make a payment using a debit card from a non-SCU checking account for a $15 fee (phone payments only).

Make a one-time online loan payment from a checking account at another financial institution using our online payment tool. You’ll need your routing number and account number for the account you’ll use for payment, as well as your SCU member number, the last four digits of the account holder’s Social Security Number, or that member’s birthday.



Make a recurring payment from another financial institution by submitting an ACH authorization using the link below.


If you have taken out a Consumer loan through Scott Credit Union, you may be eligible to take advantage of Skip-A-Pay1.  SCU understands that life happens and that sometimes making your loan payment can be difficult. This service is great to use when your budget is tight and allows you to skip a payment on your loan once per year during the time that’s best for you.

If you choose to take advantage of our convenient and flexible Skip-A-Pay service, please remember:

  • There is a fee of $25 for each skipped payment per loan.2
  • You are limited to 5 skips per the life of your loan.
  • You may only use Skip-A-Pay once per calendar year.
  • Skip-A-Pay is available any month of the year!
If you’re ready to make the most of your loan and utilize Skip-A-Pay click the link below. If you want to learn more, visit your local branch or call the SCU Member Contact Center at (618) 345-1000.

Check Eligibility for Skip-A-Pay


1Home Equity Lines of Credit, Credit Cards, Certificate secured loans are not eligible. The Skip A Pay program does not include: 1st Mortgage Loans, Lot Loans, Construction Loans, and Closed End Second Mortgages.

2 A non-refundable fee of $25 per loan will be charged for exercising this service. The fee can be debited from an SCU share/checking or added to your loan balance. The addition of the fee to your loan balance will result in additional interest accruing on your loan. The fee and additional interest will result in a larger total amount of payments on your loan. Finance charges will continue to accrue during the Skip-A-Payment period and will be payable with your next payment. Your payments will resume the month following your skipped payment. You understand that making this change may extend the final payment date beyond what is listed on your original note. As a reminder, if you have set up an automatic payment via SCU Online Banking, your other bank’s bill pay service, or any other external method, be sure to cancel it for the month you are skipping. Skipping a loan payment may affect available benefits if you have purchased GAP insurance or credit insurance on your loan.

The Credit Union Loan Solutions

Contact the SCU consumer lending team or mortgage lending team to discuss your needs and get one-on-one help finding the credit union loan solution that is right for you. Scott Credit Union is with you, and your family, to help you continue to make smart borrowing choices and build a healthy financial future.