Your savings account means more at Scott Credit Union. With one of our various types of savings accounts, you become an owner of the credit union because we are a not-for-profit financial cooperative. Saving money is smart. We have the solution if you are just starting to save or you are looking to get your kids on the path to financial success. Your savings can also become your protection from overdrafts in your SCU checking account.
Share Savings
Features at a glance
- Earn 0.350% APY2 on your account balance
- No monthly maintenance fees
- No maximum balance
- Easy access to your accounts through SCU Online and SCU Mobile
- Low minimum balance of only $5.00
- eStatements & eAlerts2
Additional information about Share Savings Accounts at Scott Credit Union
Get easy access to your account.
Your Scott Credit Union share savings account is accessible via both SCU Online & SCU Mobile, giving you quick access to check balances, create transfers, and view your transaction history. You also have access to your account at any of our 15 convenient branches!What do I need to open my account?
You can open your account online or in any of our branches with a valid government issued ID and a secondary form of ID. We will accept an ID card, driver’s license, passport, military identification card as either the primary or secondary. Secondary only forms of identification that are acceptable include Voter ID cards, or your social security card.2APY=Annual Percentage Yield.
3Message and data rates from your carrier may apply.
Rates effective as of February 1, 2023.
Kidz Club
Features at a glance

- Free Big Barkers Kidz Club membership for ages 12 and under
- Earn a higher rate (0.450% APY2) on the first $1,000
- Low minimum balance of only $5.00
- No monthly maintenance fees
- No maximum balance
- Get rewarded with our Great Grades Program
- A lower minimum balance of $500 for Share Certificates
- Savings passbook
- Earn cool prizes when deposits are made
- Easy access to your accounts through SCU Online and SCU Mobile
- eStatements & eAlerts3
Why open a Kidz Club Account at Scott Credit Union?
Watch their money grow.
Scott Credit Union’s Kidz Club Share Account earns a higher rate (0.450% APY2) than our regular share savings accounts on the first $1,000. Plus, Kidz Club members have the opportunity to open Share Certificates with a lower minimum balance – only $500 – so they can earn even more on their money. Savings accounts for kids may be opened from age 0-12 with a minimum deposit of $5. An adult must be a co-owner on the account.Get easy access to their account.
Your child’s Kidz Club Share Account is accessible via both SCU Online & SCU Mobile, giving you quick access to check balances, make transfers, and view transaction history. You also have access to their account at any of our convenient branches!Frequently asked questions about Kidz Club Accounts
What do I need to open the account?
An adult must be a co-owner on the account. The adult can open the account at any of our branches with a valid government issued ID and a secondary form of ID. We will accept an ID card, driver’s license, passport, military identification card as either the primary or secondary. Secondary only forms of identification that are acceptable include Voter ID cards, or your social security card. Please be sure to have the child’s address, date of birth, and social security number when opening the account.Can I open the account online?
Yes, you can! Click here to open an account online.2APY=Annual Percentage Yield. Balances over $1,000 earn the same rate as the Share Savings accounts, currently 0.450% APY. Rates effective as of February 1, 2023.
3Message and data rates from your carrier may apply.
Teen Share
Features at a glance
- Earn a higher rate (0.450% APY2) on the first $1,000
- Low minimum balance of only $5.00
- No monthly maintenance fees
- No maximum balance
- Get rewarded with our Great Grades Program
- A lower minimum balance of $500 for Share Certificates
- Easy access to your accounts through SCU Online and SCU Mobile
- eAlerts & eStatements3
Why open a Teen Share Account at Scott Credit Union?
Watch your money grow.
Scott Credit Union’s Teen Share Accounts earn a higher rate (0.450%APY2) than our regular share savings accounts on the first $1,000. Plus, members with a Teen Share Account have the opportunity to open Share Certificates with a lower minimum balance – only $500 – so they can earn even more on their money.Learn to manage money with a Student Debit Account.
Scott Credit Union’s Student Debit Account is like a checking account without the checks! It’s perfect for young adults who have never used a debit card before and are learning to manage money for the first time. Learn more about Scott Credit Union’s Student Debit Account.Get easy access to your account.
Your Teen Share Account is accessible via both SCU Online & SCU Mobile, giving you quick access to check balances, make transfers, and view transaction history. You also have access to your account at any of our 15 convenient branches!Frequently asked questions about Teen Share Accounts
What do I need to open the account?
An adult must be a co-owner on the account. The adult can open the account at any of our branches with a valid government issued ID and a secondary form of ID. We will accept an ID card, driver’s license, passport, military identification card as either the primary or secondary. Secondary only forms of identification that are acceptable include Voter ID cards, or your social security card. Please be sure to have the child’s address, date of birth, and social security number when opening the account.Can I open the account online?
Yes, you can! Click here to open an account online.2APY=Annual Percentage Yield. Balances over $1,000 earn the same rate as the Share Savings accounts, currently 0.350% APY.
3Message and data rates from your carrier may apply.
Rates effective as of February 1, 2023.
Classic Club
Features at a glance

- Free checkbook balancing assistance ($20 per hour value)
- Free check order once per year ($22.70 value)
- Free wire transfers ($20 value for each outgoing wire; domestic wire transfers only)
- Waived automobile license sticker renewal fee ($5 value)
- Free money orders ($4 value)
- Free cashier’s checks ($3 value)
- Free notary service and signature guarantee ($1 value)
- Free fax service ($1 value)
- Free photocopy service – limit 50 copies, per visit ($0.25 value per page)
- Free and easy access to accounts through SCU Online and SCU Mobile
- Free Online Bill Pay
- eStatements & eAlerts2
- 0.25% APR3 discount on any auto loan
- No monthly maintenance fees
- Low minimum Share Savings Account balance of only $5.00
- No minimum Checking Account balance
Additional information about Classic Club Savings
Get easy access to your accounts.
Your Share Savings and Checking accounts are accessible via both SCU Online & SCU Mobile, giving you quick access to check balances, make transfers, and view transaction history. You also have access to your senior discount savings account at any of our 15 convenient branches!What do I need to open my account?
You can open your account online or in any of our branches with a valid government issued ID and a secondary form of ID. We will accept an ID card, driver’s license, passport, military identification card as either the primary or secondary. Secondary only forms of identification that are acceptable include Voter ID cards, or your social security card.2Message and data rates from your carrier may apply.
3APR=Annual Percentage Rate. Discount cannot be combined with any other offer. Floor rate of 5.74% APR
Rates effective as of February 1, 2023.
Holiday Club Account
Features at a glance

- Earn 0.350% APY2 on your account balance
- No monthly maintenance fees
- Low minimum balance of only $5.00
- No maximum balance
- Easy access to accounts through SCU Online and SCU Mobile
- Free eStatements and eAlerts3
Why open a Holiday Club Account at Scott Credit Union?
Get easy access to your accounts.
Your Holiday Club Account is accessible via both SCU Online & SCU Mobile, giving you quick access to check balances, make transfers, and view transaction history. You also have access to your account at any of our 15 convenient branches!Earn while you save.
Your holiday savings account 0.350% APY2 from the day you open it and make your first deposit. That way you don’t have to worry about a certain balance at a certain time of the year to earn a bonus.Frequently asked questions about Holiday Club Accounts at SCU
What do I need to open the account?
You can open your account online or at any of our branches with a valid government issued ID and a secondary form of ID. We will accept an ID card, driver’s license, passport, military identification card as either the primary or secondary. Secondary only forms of identification that are acceptable include Voter ID cards, or your social security card.2APY=Annual Percentage Yield.
3Message and data rates from your carrier may apply.
Rates effective as of February 1, 2023.
Health Savings Account
Features at a glance
- Interest earning account
- No minimum balance requirement
- No monthly fee
- Debit card – to pay for qualified medical or health care expenses
- Online access
- Free eAlerts & eStatements2
A Scott Credit Union Health Savings Account helps you save money and pay for medical expenses with pre-tax dollars3!
We offer both individual and family Health Savings Accounts that allow different levels of annual contribution. Please ask us for more details. If you are in a High Deductible Health Plan (HDHP), open a Scott Credit Union Health Savings Account (HSA) today. You may be eligible to save and offset rising medical costs. As the cost of health care coverage continues to increase, there is a tax-free savings account that can help you hold the line on medical expenses. Even with a good high-deductible health care plan, your out-of-pocket expenses are likely continuing to grow. That’s why it is a perfect time to open a Health Savings Account. With a HSA, you can put federally tax-deductible money into your account up to the maximum annual contribution and earn a dividend on your money. You can then withdraw the money tax-free to pay for qualified medical expenses, such as doctor visits or prescriptions.What is a HSA?
Health Savings Accounts (HSA) combine the protections of health insurance with a tax-advantaged savings account. Your “high-deductible” health insurance plan provides you with coverage you need and our HSA allows you to save on your federal income taxes by paying for medical expenses with pre-tax dollars.3Expenses Covered by Your HSA Account May include:
- All medical expenses
- Doctor visits
- Dental care
- Long-term care
- Health care coverage when unemployed
- Prescriptions
- Hospital stays
Still have questions?
Who is Eligible For a Health Savings Account?Any adult can contribute to a HSA if they:
- Have coverage under an HSA-qualified “high-deductible health plan” (HDHP)
- Have no other first-dollar medical coverage (other types of insurance like specific injury insurance or accident, disability, dental care, vision care, or long-term care insurance are permitted)
- Are not enrolled in Medicare
- Cannot be claimed as a dependent on someone else’s tax return
Advantages of a Health Savings Account May Include:
- Tax deductions are realized on a pre-tax basis as soon as you contribute to your HSA Account3
- Lower health insurance premiums in a HDHP
- Control the way your health care funds are spent and invested
- Protection from high or unexpected medical bills
- Withdrawals from your HSA for qualified medical expenses are tax-free3
- Money saved in your HSA account can be used toward qualified medical expenses or for future needs that may arise
- Funds remain in your HSA from year to year. There are no “use it or lose it” rules that apply to HSAs.
2Message and data rates from your carrier may apply.
3This information is not intended as tax advice. Please consult a tax professional.
Rates
Account Type | Dividend Rate | APY1 |
---|---|---|
Share Savings | 0.349% | 0.350% |
Minor Share Savings2 (Kidz Club and Teen Share) | 0.449% | 0.450% |
Holiday Club | 0.349% | 0.350% |
1APY = Annual Percentage Yield. Dividends are paid on Share Savings, IRA Share, and Holiday Club Share accounts with balances of $100 or more.
2Minor Share accounts earn the same APY as regular shares on balances over $1,000.