FAQs

A credit score is a three-digit number calculated to indicate your creditworthiness. The higher the score, the more creditworthy you are to a lender. A credit score is calculated from the information in your credit report and considers your on-time payments, the length of your payment history, your mix of different types of credit accounts, and other such factors. It is important to know that your score does not take your age, income, employment, marital status, or your bank account balances into account. 

SavvyMoney®, Credit Score is available to you through online and mobile banking! This is a free ongoing credit score report and monitoring program to help you understand your credit score by giving you access to your full credit

The fax number of SCU Credit Union is 781-784-6379

We’ve made it easy to join SCU Credit Union. You can complete our secure online membership application here. Select New Member Account. 

Membership in SCU Credit Union is open to people residing or employed in the counties of Norfolk, Suffolk, Middlesex, Plymouth, Barnstable or Bristol of the Commonwealth of Massachusetts and Providence, Bristol and Newport counties of the State of Rhode Island. Additionally, family members of eligible persons may apply for membership regardless of location. A family member shall include a spouse, son, daughter, mother, father, sister, brother, aunt, uncle, cousin, grandparent, or grandchild.

join us today

To apply for SCU Credit Union membership, you will need the following forms of identification:

Online Application Requirements:

• You must be 18 years or older to apply online for individual membership.
• A membership share deposit of $5.00 will be held in your primary share savings account.  Any other required minimum deposit amounts will also be required.

Information We Will Need About You:

• Goverment issued ID/Drivers License/State ID or Passport with current address.
• Your complete physical and mailing address (if different).
• A valid Social Security Number or ITIN 
• Date of Birth

If applicable, documentation verifying your home address, such as a utility bill or lease agreement (Not required for minors 17 and under).

The general email address for the Credit Union is Mbrservice@scucu.com . Please do not send sensitive information such as account numbers, social security numbers, etc.

Membership in SCU Credit Union is open to people residing or employed in the counties of Norfolk, Suffolk, Middlesex, Plymouth, Barnstable or Bristol of the Commonwealth of Massachusetts and Providence, Bristol and Newport counties of the State of Rhode Island. Additionally, family members of eligible persons may apply for membership regardless of location. A family member shall include a spouse, son, daughter, mother, father, sister, brother, aunt, uncle, cousin, grandparent, or grandchild.

join us today

In order set up recurring Direct Deposit to your SCU Checking or SCU Savings Account, simply provide your employer or other payment provider with SCU's routing and transit number/ABA# – 211385556 and your MICR account number. 

With recurring Direct Deposit your payroll, retirement, Social Security, or other recurring monthly income can be electronically deposited into your SCU account.

SCU Credit Union is insured by both the National Credit Union Association (NCUA) and Massachusetts Shared Insured Corporation (MSIC). Your money is 100% insured regardless of the amount at SCU Credit Union. MSIC provides Excess Share and Deposit Insurance to all members of SCU Credit Union automatically. The coverage is a benefit of membership and comes at no direct cost to you. MSIC insures the portion of any legal, verifiable share or deposit account that exceeds NCUSIF coverage with no limit.

SCU Credit Union has branches located in Sharon, Mansfield, North Attleboro, Foxboro, East Walpole, Taunton, Brockton, with our Corporate Offices located at 1300 Belmont Street, Brockton, MA 02301.

In order set up recurring Direct Deposit to your SCU Checking or SCU Savings Account, simply provide your employer or other payment provider with SCU's routing and transit number/ABA# – 211385556 and your MICR account number. 

With recurring Direct Deposit your payroll, retirement, Social Security, or other recurring monthly income can be electronically deposited into your SCU account.

SCU Credit Union has branches located in Sharon, Mansfield, North Attleboro, Foxboro, East Walpole, Taunton, Brockton, with our Corporate Offices located at 1300 Belmont Street, Brockton, MA 02301.

The full balance of your holiday club funds will be transferred to your share account at the beginning of November, just in time for the expenses of the holiday season.

We’ve made it easy to join SCU Credit Union. You can complete our secure online membership application here. Select New Member Account. 

Membership in SCU Credit Union is open to people residing or employed in the counties of Norfolk, Suffolk, Middlesex, Plymouth, Barnstable or Bristol of the Commonwealth of Massachusetts and Providence, Bristol and Newport counties of the State of Rhode Island. Additionally, family members of eligible persons may apply for membership regardless of location. A family member shall include a spouse, son, daughter, mother, father, sister, brother, aunt, uncle, cousin, grandparent, or grandchild.

join us today

To apply for SCU Credit Union membership, you will need the following forms of identification:

Online Application Requirements:

• You must be 18 years or older to apply online for individual membership.
• A membership share deposit of $5.00 will be held in your primary share savings account.  Any other required minimum deposit amounts will also be required.

Information We Will Need About You:

• Goverment issued ID/Drivers License/State ID or Passport with current address.
• Your complete physical and mailing address (if different).
• A valid Social Security Number or ITIN 
• Date of Birth

If applicable, documentation verifying your home address, such as a utility bill or lease agreement (Not required for minors 17 and under).

Membership in SCU Credit Union is open to people residing or employed in the counties of Norfolk, Suffolk, Middlesex, Plymouth, Barnstable or Bristol of the Commonwealth of Massachusetts and Providence, Bristol and Newport counties of the State of Rhode Island. Additionally, family members of eligible persons may apply for membership regardless of location. A family member shall include a spouse, son, daughter, mother, father, sister, brother, aunt, uncle, cousin, grandparent, or grandchild.

join us today

SCU Credit Union is insured by both the National Credit Union Association (NCUA) and Massachusetts Shared Insured Corporation (MSIC). Your money is 100% insured regardless of the amount at SCU Credit Union. MSIC provides Excess Share and Deposit Insurance to all members of SCU Credit Union automatically. The coverage is a benefit of membership and comes at no direct cost to you. MSIC insures the portion of any legal, verifiable share or deposit account that exceeds NCUSIF coverage with no limit.

ARMs offer competitive introductory interest rates, making initial monthly payments more affordable. They’re also a flexible loan option with potential savings as the market fluctuates.

After the introductory period, your ARM interest rate will adjust periodically based on market conditions. The rate could go up or down, affecting your monthly payment.

Our local mortgage consultants provide personalized service to help you choose the best loan option and guide you through the entire process. 

An Adjustable Rate Mortgage (ARM) is a type of home loan with an interest rate that starts low and adjusts periodically over time based on market changes.

Deposits are held for one business day. If you make a deposit at an ATM before 3:00 P.M. on a business day that we are open, we will consider that day to be the day of your deposit. Therefore, your funds will be available the next business day. However, if you make a deposit at an ATM after 3:00 P.M. or on a day we are not open, we will consider that the deposit was made on the next business day we are open, and then your funds will be available the following business day.

No, when you use an ATM not owned by SCU Credit Union, you will not be charged a fee by SCU Credit Union. However, you may be charged a fee by the ATM owner or any network used. The ATM owner or network fees are not imposed when you are using a participating SUM or CO-OP ATM.

You can avoid ATM fees by using your card at thousands of locations nationwide at SUM^SM and Co-op ATM surcharge-free locations. The Co-op ATM network offers over 30,000* surcharge-free ATMs, covering all 50 states and 10 countries – an ATM network that’s larger than almost any banks. Find locations near you!

Business loans can provide the financial flexibility needed to purchase equipment, hire staff, expand operations, or address unexpected expenses, ensuring your business continues to thrive.

SCU Credit Union offers a variety of business loan products tailored to meet the unique needs of small businesses, including term loans, lines of credit, fleet financing, and commercial real estate loans.

The required documentation typically includes financial statements, business plans, and identification documents. Our team will guide you through the process.

The interest rate on your auto loan is influenced by factors such as your credit score, loan term, the age of the vehicle, and the amount of your down payment.

Absolutely! Getting pre-approved for an auto loan can give you an advantage when shopping for a car. It allows you to know your budget in advance and negotiate with confidence.

At SCU Credit Union, we do not impose prepayment penalties. You are welcome to pay off your auto loan ahead of schedule without incurring any additional fees.

Applying for a loan at SCU Credit Union is simple! You can start by completing the online application or by visiting one of our branch locations.

A Share Certificate of Deposit (CD) is a savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued with minimum balance of $500. When you open a CD, your money is on deposit for a specific time period. For agreeing to keep it on deposit for a specified time period, you earn more than you would in a regular savings account. If you cash it in before its maturity date, you pay a penalty. 

BLOG: CDs versus Share Certificates, is there a difference?

SCU Credit Union is insured by both the National Credit Union Association (NCUA) and Massachusetts Shared Insured Corporation (MSIC). Your money is 100% insured regardless of the amount at SCU Credit Union. MSIC provides Excess Share and Deposit Insurance to all members of SCU Credit Union automatically. The coverage is a benefit of membership and comes at no direct cost to you. MSIC insures the portion of any legal, verifiable share or deposit account that exceeds NCUSIF coverage with no limit.

SCU Credit Union offers three forms of overdraft protection with Overdraft Protection (Line of Credit), Overdraft Transfer and Overdraft Privilege Service (OPS).  

Overdraft Protection (Line of Credit) is a line of credit loan that is advanced any time your account would otherwise be overdrawn. Interest accrues on the outstanding balance. Approval is subject to your credit worthiness.

Overdraft Transfer is a link between your savings account and checking account. Anytime your checking account would be overdrawn, we will transfer available funds from your savings to your checking to cover the overdraft. Two transfers per month are permitted free of charge. For additional transfers in a given month, a service charge applies. Refer to our Schedule of Fees.

Overdraft Privilege Service (OPS) is a discretionary program under which SCU Credit Union will consider paying items drawn on your checking account for which the account has insufficient or unavailable funds, instead of automatically returning those items unpaid.

Read the full OPS Terms and Conditions here.

Our schedule of fees can be found here.

No, when you use an ATM not owned by SCU Credit Union, you will not be charged a fee by SCU Credit Union. However, you may be charged a fee by the ATM owner or any network used. The ATM owner or network fees are not imposed when you are using a participating SUM or CO-OP ATM.

You can avoid ATM fees by using your card at thousands of locations nationwide at SUM^SM and Co-op ATM surcharge-free locations. The Co-op ATM network offers over 30,000* surcharge-free ATMs, covering all 50 states and 10 countries – an ATM network that’s larger than almost any banks. Find locations near you!

In order set up recurring Direct Deposit to your SCU Checking or SCU Savings Account, simply provide your employer or other payment provider with SCU's routing and transit number/ABA# – 211385556 and your MICR account number. 

With recurring Direct Deposit your payroll, retirement, Social Security, or other recurring monthly income can be electronically deposited into your SCU account.

SCU Credit Union is insured by both the National Credit Union Association (NCUA) and Massachusetts Shared Insured Corporation (MSIC). Your money is 100% insured regardless of the amount at SCU Credit Union. MSIC provides Excess Share and Deposit Insurance to all members of SCU Credit Union automatically. The coverage is a benefit of membership and comes at no direct cost to you. MSIC insures the portion of any legal, verifiable share or deposit account that exceeds NCUSIF coverage with no limit.

Yes! Our accounts are flexible, giving you the option to adjust your savings contributions as your financial needs change.

Holiday Club Accounts focus on year-end expenses and disburse funds around November, while Vacation Club Accounts prioritize summer getaways with funds released in April.

Deposit as much as your budget allows. Even small contributions add up over time and help you reach your savings goals.

A Club Savings Account helps you save over time for specific purposes, like holiday expenses or vacations. Funds are typically disbursed at a scheduled time to align with your goals.

Absolutely! Getting pre-approved for an auto loan can give you an advantage when shopping for a car. It allows you to know your budget in advance and negotiate with confidence.

SCU Credit Union reviews applications on a case-by-case basis. Reach out to a representative to discuss specific qualifications.

Our Credit Builder Auto Loan is perfect for first-time car buyers or individuals with a low credit score. As you improve your score, you can lower your interest rate.

Once per year during the life of your loan, you can contact us to authorize a credit score check. If your score has improved and moved into a higher credit score tier (based on the tiers available when you first applied and outlined in your loan agreement), we'll happily reduce your interest rate for the remainder of the loan term. Please note that a maximum of two interest rate adjustments are possible over the course of the loan.

At SCU Credit Union, we do not impose prepayment penalties. You are welcome to pay off your auto loan ahead of schedule without incurring any additional fees.

Applying for a loan at SCU Credit Union is simple! You can start by completing the online application or by visiting one of our branch locations.

Overspending: Easy access to credit can lead to overspending and accumulating debt.

High-interest rates: If you carry a balance, you'll pay interest charges, which can significantly increase your debt.

Late payment fees: Late payments can result in late fees and damage your credit score.

Compare fees: Look for cards with low or no annual fees, balance transfer fees, and foreign transaction fees.

Review rewards programs: Understand how rewards points or cash back are earned and redeemed.

Read the fine print: Carefully review the terms and conditions of each card, including APRs, fees, and credit limits.

Rewards Cards: These cards offer points or miles for every dollar spent, which can be redeemed for travel, merchandise, or cash back.

Cash Back Cards: These cards offer a percentage of cash back on all purchases, which can be credited to your account or received as a statement credit.

Student Cards: These cards are designed for students and may have lower credit limits and introductory APR offers.

As long as you are a regular online banking user, your credit score will be updated every month and displayed on your online banking screen. You can click “refresh score” as frequently as every day by navigating to the detailed SavvyMoney® Credit Report and Score site from within online banking.

No. SavvyMoney® Credit Report and Score is entirely free, and no credit card information is required to register.

Five major categories make up a credit score:

• 40% Payment History
  Essentially, lenders want to know whether you’re good about paying your loans on time.
• 23% Credit Usage
  Credit usage, also known as credit utilization, is the ratio between the total credit used and your total credit limit on your revolving accounts. It is best to keep your credit usage below 30%.
• 21% Credit Age
  The average of your oldest open credit accounts to your newest open credit accounts determines your credit age. In general, the longer your credit history the better, particularly accounts with a good payment history and no late payments.
• 11% Credit Mix
  It’s important to have a mix of different types of credit like revolving credit and installment loans. Your score will likely be higher if you have a good payment history with both, installment loans, like student loans and mortgages, and revolving credit, like credit cards.
• 5% Inquiries
  Any time you apply for a credit card, or a lender checks your credit for a loan, it’s known as an inquiry. Hard inquiries show on your credit report when your credit is pulled by a lender for a car loan, mortgage, or credit card. However, soft inquiries don’t show on your credit report and occur when you check your credit, or a lender pre-approves you for an offer.

Applying for several credit cards or opening multiple credit accounts in a short period creates hard inquiries and could signal an increased credit risk to a lender.

A credit score is a three-digit number calculated to indicate your creditworthiness. The higher the score, the more creditworthy you are to a lender. A credit score is calculated from the information in your credit report and considers your on-time payments, the length of your payment history, your mix of different types of credit accounts, and other such factors. It is important to know that your score does not take your age, income, employment, marital status, or your bank account balances into account. 

SavvyMoney®, Credit Score is available to you through online and mobile banking! This is a free ongoing credit score report and monitoring program to help you understand your credit score by giving you access to your full credit

No, when you use an ATM not owned by SCU Credit Union, you will not be charged a fee by SCU Credit Union. However, you may be charged a fee by the ATM owner or any network used. The ATM owner or network fees are not imposed when you are using a participating SUM or CO-OP ATM.

You can avoid ATM fees by using your card at thousands of locations nationwide at SUM^SM and Co-op ATM surcharge-free locations. The Co-op ATM network offers over 30,000* surcharge-free ATMs, covering all 50 states and 10 countries – an ATM network that’s larger than almost any banks. Find locations near you!

To register for uChoose Rewards, you will need to wait 24 hours before the uChoose Rewards system will recognize your account number.

Yes. All cards associated with an account will automatically earn points together. You can link them together from the My Account page of the uChoose Rewards site

Yes. To begin earning points, you must first register your SCU Credit Union Debit Mastercard® at uChooseRewards.com. Once you register one card you can link other cards to your uChoose Rewards account and pool your points.

Some redemption items can be returned and some cannot. Please review the Terms and Conditions to understand the various redemption policies and processes.

You may only redeem points online through www.uchooserewards.com

If your card is lost or stolen and a replacement is issued, points will automatically be transferred to the new card. Once you receive your new card, you will need to re-register your new card at www.uchooserewards.com

We keep track of your points for you – just register at uChooseRewards.com and check your points balance anytime right on the homepage! You can access the history of your point activity on the Point Details page.

Points are earned on signature (credit) transactions wherever Debit Mastercard® is accepted...plus, earn additional points for shopping at participating retailers, in-store or online through uChooseRewards.com. For every 3 dollars spent on a signature-based transaction, you will receive 1 point. CREDIT transactions will not earn rewards when processed on a debit network. SCU Credit Union assumes no liability for transactions processed by the merchant on a debit network. Cash advances, transfers, ATM transactions or PIN transactions do not earn points.

It’s your choice! You earn one point for every $3 spent using your SCU Credit Union Debit Mastercard®. You must have a minimum of 1,500 points to redeem. You can choose from millions of options like merchandise, travel experiences and activities, event tickets, merchant gift cards, and more. We keep track of all the points you earn and we even have a Wish List that will help you track when you have earned enough to redeem a specific item.

Yes, you will have the opportunity to change the address within the redemption process as long as the address is located in the United States.

Points expire 3 years after issuance.

A signature transaction utilizes the Mastercard® portion of your card. All you have to say to the merchant is ‘credit please’ and sign for your purchase. Easy!

No. We will activate your existing card when you register your card.

There is no cost. Membership in uChoose Rewards is free for SCU Credit Union Debit Mastercard® cardholders.

uChoose Rewards is a rewards program where you can earn points for using your SCU Credit Union Debit Mastercard®, then redeem your points from millions of options like merchandise, travel experiences and activities, event tickets, merchant gift cards, and more.

You earn points most everywhere your card is accepted. Purchases made with your Mobile Wallet using such services as: Apple Pay®, Samsung Pay®, Google Pay™, or PayPal®, where you have registered your SCU Credit Union Debit Mastercard® will also earn you uChoose Rewards® points.

It can take up to 60 days for transactions to appear on the Point Details page on the uChoose Rewards® site. If points from a qualified transaction do not appear after 60 days, contact a uChoose Rewards® Specialist at service@uchooserewards.com or by phone at 855-559-6528.

It might be tempting to view your 401(k) as a source of emergency funds, but before you dip into your retirement account for cash, explore alternatives.  Our partner, Greenpath Financial Wellness, would be a great place to start if you are facing financial challenges and are in need of guidance from financial experts.

As a member of SCU Credit Union you have free access to GreenPath’s financial experts to guide you through life’s financial challenges. GreenPath is a non-profit company that equips people with knowledge and tools to lead financially healthy lives. They will take a look at your financial picture to understand your financial situation and goals, and they will develop a personalized budget for you.

SCU Credit Union offers a variety of business loan products tailored to meet the unique needs of small businesses, including term loans, lines of credit, fleet financing, and commercial real estate loans.

Yes, Fleet Vehicle Financing is designed to support acquiring or replacing multiple vehicles for your fleet. Benefits include preserving cash flow, competitive rates, and flexible repayment terms.

Fleet Vehicle Financing can cover a range of vehicles, including vans, trucks, and company cars.

Fleet Vehicle Financing allows businesses to secure funding for purchasing or leasing vehicles necessary for operations and growth.

The routing number is 211385556.

The full balance of your holiday club funds will be transferred to your share account at the beginning of November, just in time for the expenses of the holiday season.

The interest rate on your auto loan is influenced by factors such as your credit score, loan term, the age of the vehicle, and the amount of your down payment.

Absolutely! Getting pre-approved for an auto loan can give you an advantage when shopping for a car. It allows you to know your budget in advance and negotiate with confidence.

Yes*. With our free Bill Payer service you can pay an unlimited number of bills each month for free quickly and easily through the Online Banking platform. Electronic payments reach payees in 3 business days.

See our Schedule of Fees for information on expedited payments, stop payments, and copies of checks. 

*There is a $5.00 monthly fee for MyBasic Business Checking.

SCU Credit Union has branches located in Sharon, Mansfield, North Attleboro, Foxboro, East Walpole, Taunton, Brockton, with our Corporate Offices located at 1300 Belmont Street, Brockton, MA 02301.

Online Banking, Mobile Banking, eStatements, eNotices, Bill Payer, ACH external transfers, and Mobile Check Deposit.

In order set up recurring Direct Deposit to your SCU Checking or SCU Savings Account, simply provide your employer or other payment provider with SCU's routing and transit number/ABA# – 211385556 and your MICR account number. 

With recurring Direct Deposit your payroll, retirement, Social Security, or other recurring monthly income can be electronically deposited into your SCU account.

SCU Credit Union is insured by both the National Credit Union Association (NCUA) and Massachusetts Shared Insured Corporation (MSIC). Your money is 100% insured regardless of the amount at SCU Credit Union. MSIC provides Excess Share and Deposit Insurance to all members of SCU Credit Union automatically. The coverage is a benefit of membership and comes at no direct cost to you. MSIC insures the portion of any legal, verifiable share or deposit account that exceeds NCUSIF coverage with no limit.

The process generally takes about two to six weeks. The exact length varies on the complexity of your application and how quickly you can compile the necessary paperwork.

Applying for a loan at SCU Credit Union is simple! You can start by completing the online application or by visiting one of our branch locations.

You can use a home equity loan for a variety of purposes, including home improvements, debt consolidation, education expenses, or other major financial needs. However, it's important to use the funds responsibly. Since a home equity loan is secured by your home, failing to make payments could put your home at risk. Additionally, taking on more debt than necessary can impact your financial health.

A home equity loan is secured by your home. Once approved, you receive the funds upfront as a lump sum and repay the loan in fixed monthly payments over a set term, with interest.

A home equity loan is a type of loan where you borrow against the equity in your home. It allows you to access funds in a lump sum, often at lower interest rates compared to other financing options.

The process generally takes about two to six weeks. The exact length varies on the complexity of your application and how quickly you can compile the necessary paperwork.

You can use a home equity loan for a variety of purposes, including home improvements, debt consolidation, education expenses, or other major financial needs. However, it's important to use the funds responsibly. Since a home equity loan is secured by your home, failing to make payments could put your home at risk. Additionally, taking on more debt than necessary can impact your financial health.

A home equity loan is secured by your home. Once approved, you receive the funds upfront as a lump sum and repay the loan in fixed monthly payments over a set term, with interest.

A home equity loan is a type of loan where you borrow against the equity in your home. It allows you to access funds in a lump sum, often at lower interest rates compared to other financing options.

The process generally takes about two to six weeks. The exact length varies on the complexity of your application and how quickly you can compile the necessary paperwork.

You can easily open your IRA online or by visiting one of our branches, where our team will assist you.

An IRA Certificate offers fixed high-yield returns, while an IRA Savings Account provides flexible, variable-rate savings and ongoing contributions.

Yes, there are early withdrawal penalties out of an IRA if it is made before the age of 59.5 and the 5-year rule (ROTH ONLY) has not been met. This is an IRS penalty that is universal across all institutions. Please consult a tax professional for any additional details.

Yes! We make it easy for our members satisfy the Required Minimum Distributions each year to avoid any IRS fees.

Many people find it easier to keep control of their finances if their accounts are all consolidated into one place. You can also take advantage of our IRA Certificate rates as well when moving your account to SCU. With the stated APY rates it makes it easier to calculate your future earnings!

Yes! You can rollover or transfer your existing IRA or employer retirement account (such as a 401k or 403b) into an IRA at SCU Credit Union.

SCU Credit Union offers Traditional, Roth, SEP, and Coverdell Education Savings Accounts (CESA).

A required minimum distribution (RMD) is the minimum amount you must withdraw from Traditional IRA accounts annually starting the year a member turns 73 years old. If the RMD is not satisfied, then the IRS will penalize the IRA owner. Keep in mind there are no RMDs for ROTH IRA accounts.

An Individual Retirement Account (IRA) is a tax-advantaged account that allows you to save for retirement with benefits like tax-deferred growth or tax-free distributions.

An unsecured personal loan is a loan without material collateral such as a car or home. Click here to apply online for an unsecured personal loan.

The interest rate on your auto loan is influenced by factors such as your credit score, loan term, the age of the vehicle, and the amount of your down payment.

Fixed Rate Mortgages allow you to lock in a rate and payment for the term of your mortgage. If you plan to stay in your home for 10 years or more and/or prefer to have fixed, consistent payments then a Fixed Rate Mortgage may be beneficial to you.

Adjustable Rate Mortgages offer a lower initial rate subject to adjustment after the fixed term. This type of mortgage would be beneficial to you if you only plan to stay in your home for a few years. This would also be a better option for you if you prefer to get a low monthly rate at the beginning of your loan.

We offer a variety of loans at SCU Credit Union including, Mortgages, Home Equity, Vehicle Loans, Refinance Auto Loans, Mass Save HEAT Loan, and Credit Cards. 

Applying for a loan at SCU Credit Union is simple! You can start by completing the online application or by visiting one of our branch locations.

SCU Credit Union has branches located in Sharon, Mansfield, North Attleboro, Foxboro, East Walpole, Taunton, Brockton, with our Corporate Offices located at 1300 Belmont Street, Brockton, MA 02301.

In order set up recurring Direct Deposit to your SCU Checking or SCU Savings Account, simply provide your employer or other payment provider with SCU's routing and transit number/ABA# – 211385556 and your MICR account number. 

With recurring Direct Deposit your payroll, retirement, Social Security, or other recurring monthly income can be electronically deposited into your SCU account.

At SCU Credit Union, we do not impose prepayment penalties. You are welcome to pay off your auto loan ahead of schedule without incurring any additional fees.

Yes. When wiring funds to your account at SCU Credit Union provide sending institution information as follows:

Receiver: EasCorp, Burlington MA ABA# 211391773
Beneficiary: SCU Credit Union ABA # 211385556
Provide sending institution your SCU Credit Union Member Name and Account

Please see our Schedule of Fees for wire-related fees. 

A member under the age of 18 is not eligible to sign for a loan and would also not be eligible for Overdraft Privilege Service. However, a member under the age of 18 can use Overdraft Transfer and can have a Debit Mastercard as long as the parent is joint on the account. A member under the age of 18 is not eligible to open their own credit card, however, they may be an authorized signer on a parent/guardian's credit card.

SCU Credit Union offers safe deposit boxes and safety storage lockers in our Sharon, Brockton, Walpole, Taunton (Myles Standish), and North Attleboro branches for the storage of our members’ valuables. Call 781-784-7725 for sizes and availability.

Applying for a loan at SCU Credit Union is simple! You can start by completing the online application or by visiting one of our branch locations.

The full balance of your holiday club funds will be transferred to your share account at the beginning of November, just in time for the expenses of the holiday season.

We’ve made it easy to join SCU Credit Union. You can complete our secure online membership application here. Select New Member Account. 

Membership in SCU Credit Union is open to people residing or employed in the counties of Norfolk, Suffolk, Middlesex, Plymouth, Barnstable or Bristol of the Commonwealth of Massachusetts and Providence, Bristol and Newport counties of the State of Rhode Island. Additionally, family members of eligible persons may apply for membership regardless of location. A family member shall include a spouse, son, daughter, mother, father, sister, brother, aunt, uncle, cousin, grandparent, or grandchild.

join us today

To apply for SCU Credit Union membership, you will need the following forms of identification:

Online Application Requirements:

• You must be 18 years or older to apply online for individual membership.
• A membership share deposit of $5.00 will be held in your primary share savings account.  Any other required minimum deposit amounts will also be required.

Information We Will Need About You:

• Goverment issued ID/Drivers License/State ID or Passport with current address.
• Your complete physical and mailing address (if different).
• A valid Social Security Number or ITIN 
• Date of Birth

If applicable, documentation verifying your home address, such as a utility bill or lease agreement (Not required for minors 17 and under).

Membership in SCU Credit Union is open to people residing or employed in the counties of Norfolk, Suffolk, Middlesex, Plymouth, Barnstable or Bristol of the Commonwealth of Massachusetts and Providence, Bristol and Newport counties of the State of Rhode Island. Additionally, family members of eligible persons may apply for membership regardless of location. A family member shall include a spouse, son, daughter, mother, father, sister, brother, aunt, uncle, cousin, grandparent, or grandchild.

join us today

SCU Credit Union has branches located in Sharon, Mansfield, North Attleboro, Foxboro, East Walpole, Taunton, Brockton, with our Corporate Offices located at 1300 Belmont Street, Brockton, MA 02301.

In order set up recurring Direct Deposit to your SCU Checking or SCU Savings Account, simply provide your employer or other payment provider with SCU's routing and transit number/ABA# – 211385556 and your MICR account number. 

With recurring Direct Deposit your payroll, retirement, Social Security, or other recurring monthly income can be electronically deposited into your SCU account.

Absolutely. SCU Credit Union offers refinancing options to help you find the best solution as your financial situation evolves.

Yes! Fixed Rate Mortgages are available for both purchasing a home and refinancing an existing mortgage.

Fixed Rate Mortgages protect you from fluctuating interest rates, making budgeting easier and offering long-term financial stability.

A Fixed Rate Mortgage is a home loan with an interest rate that remains the same for the life of the loan, providing consistent monthly payments.

After the introductory period, your ARM interest rate will adjust periodically based on market conditions. The rate could go up or down, affecting your monthly payment.

Our local mortgage consultants provide personalized service to help you choose the best loan option and guide you through the entire process. 

Fixed Rate Mortgages allow you to lock in a rate and payment for the term of your mortgage. If you plan to stay in your home for 10 years or more and/or prefer to have fixed, consistent payments then a Fixed Rate Mortgage may be beneficial to you.

Adjustable Rate Mortgages offer a lower initial rate subject to adjustment after the fixed term. This type of mortgage would be beneficial to you if you only plan to stay in your home for a few years. This would also be a better option for you if you prefer to get a low monthly rate at the beginning of your loan.

The interest rate on your auto loan is influenced by factors such as your credit score, loan term, the age of the vehicle, and the amount of your down payment.

You can borrow up to $25,000 for your motorcycle loan at SCU Credit Union.

Yes! Refinancing can help you secure a better rate or adjust your loan term to save money and reduce monthly payments.

A motorcycle loan is a type of financing that helps you purchase or refinance a motorcycle by borrowing a set amount and paying it back over time with interest. When you take out a motorcycle loan, the motorcycle itself acts as security (or collateral) against the loan. 

Applying for a loan at SCU Credit Union is simple! You can start by completing the online application or by visiting one of our branch locations.

Online Banking, Mobile Banking, eStatements, eNotices, Bill Payer, ACH external transfers, and Mobile Check Deposit.

Remote Deposit Capture is a fast, secure and best of all, free*, way to deposit checks 24/7 wherever you are.

In the SCU Mobile App:

1. Click Remote Deposit at the bottom of the screen.
2. Select which account you want to deposit the check into.
3. Type in the exact amount of the check.
4. Endorse the check and write "For mobile deposit" below your signature (or, if available, check off For Mobile Deposit).
5. Click Check Front. If you see "Prepare the front of the check", select continue in the bottom right of the screen. Align the check within the box and tap the screen to take the picture. If the picture is clear, click Done. If you need to retake the picture click the trash can icon. 
6. Click Check Back and repeat the same process to take a picture of the back of the check. 
7. Click Deposit Check. 

Please review the Remote Check Deposit General Eligibility and Requirements here. 

Checks not drawn on U.S. banks and/or not U.S. funds cannot be deposited through Remote Deposit Capture. In this case, please visit one of our branch locations.

*There is a $5.00 monthly fee for MyBasic Business Checking.

You can sign up for Online Banking from any page on our website by clicking the word Register in the bar at the top of the page, or by following this link. On the next page, click 'Register a New Account" (located below the Log In button) and follow the prompts.

Yes! SCU uses advanced encryption and protective measures to safeguard your financial
information.

Visit our website or your nearest branch to get started with SCU Credit Union’s easy-to-use
online banking platform.

Online banking allows you to manage your finances through a secure platform accessible from
your computer or mobile devices.

Online Banking, Mobile Banking, eStatements, eNotices, Bill Payer, ACH external transfers, and Mobile Check Deposit.

Yes. The maximum loan amount is $500,000.

Yes. The minimum loan amount is $10,000.

Yes - the purpose of the SCU Direct account is to make it easier to start saving. Whether you're setting aside cash for a rainy day, planning your next vacation, or building your emergency fund. Start saving systematically and enjoy peace of mind as you build your financial future.  

SCU Direct Savings allows you to set up automatic weekly or monthly transfers directly from your SCU Checking Account. Contributions can range between $10 to $1,000 weekly or monthly, giving you the flexibility to tailor your savings plan to your unique financial goals.

SCU Direct Savings is a high-yield savings account designed to make saving easy and automated. Bundling your SCU Direct Savings account with an SCU Checking account makes managing your finances seamless. Transfers to your SCU Direct Savings account are made directly from your SCU Checking account, allowing you to automate your savings effortlessly and keep all your financial activities in one place.

You can closely monitor mortgage rates through reliable sources like the Primary Mortgage Market Survey (PMMS) by Freddie Mac, specifically focusing on the "30-yr FRM" rates. This allows us to identify opportune moments for rate adjustments.

Yes, there is a processing fee of $750 for the TRIM™ loan. This fee covers the administrative costs associated with processing your application and ensuring a smooth and efficient mortgage experience. Rest assured, we are dedicated to providing transparent and competitive financing options while delivering exceptional service every step of the way.

The TRIM™ mortgage offers unmatched flexibility to lower your interest rate without refinancing costs. It’s perfect for first-time buyers or anyone looking to adjust their mortgage terms as market conditions change.

You can request to lower your rate once during the first five years of your loan, starting six months after you’ve made satisfactory payments.

Mortgage insurance is required if your loan exceeds 80% Loan-to-Value (LTV).

No, the TRIM™ mortgage is designed specifically for owner-occupied single-family homes or warrantable condominiums.

After making six months of satisfactory mortgage payments, you can request to “float down” your interest rate if market rates improve. There’s no refinancing required, and it won’t cost you a thing.

The Rate Improver Mortgage, or TRIM™, is a flexible mortgage plan that allows you to lower your interest rate once during the first five years of your loan without any additional costs.

Yes, a minimum FICO score of 620 is required to qualify for the TRIM™ mortgage.

To register for uChoose Rewards, you will need to wait 24 hours before the uChoose Rewards system will recognize your account number.

Yes. All cards associated with an account will automatically earn points together. You can link them together from the My Account page of the uChoose Rewards site

Yes. To begin earning points, you must first register your SCU Credit Union Debit Mastercard® at uChooseRewards.com. Once you register one card you can link other cards to your uChoose Rewards account and pool your points.

Some redemption items can be returned and some cannot. Please review the Terms and Conditions to understand the various redemption policies and processes.

You may only redeem points online through www.uchooserewards.com

If your card is lost or stolen and a replacement is issued, points will automatically be transferred to the new card. Once you receive your new card, you will need to re-register your new card at www.uchooserewards.com

We keep track of your points for you – just register at uChooseRewards.com and check your points balance anytime right on the homepage! You can access the history of your point activity on the Point Details page.

Points are earned on signature (credit) transactions wherever Debit Mastercard® is accepted...plus, earn additional points for shopping at participating retailers, in-store or online through uChooseRewards.com. For every 3 dollars spent on a signature-based transaction, you will receive 1 point. CREDIT transactions will not earn rewards when processed on a debit network. SCU Credit Union assumes no liability for transactions processed by the merchant on a debit network. Cash advances, transfers, ATM transactions or PIN transactions do not earn points.

It’s your choice! You earn one point for every $3 spent using your SCU Credit Union Debit Mastercard®. You must have a minimum of 1,500 points to redeem. You can choose from millions of options like merchandise, travel experiences and activities, event tickets, merchant gift cards, and more. We keep track of all the points you earn and we even have a Wish List that will help you track when you have earned enough to redeem a specific item.

Yes, you will have the opportunity to change the address within the redemption process as long as the address is located in the United States.

Points expire 3 years after issuance.

A signature transaction utilizes the Mastercard® portion of your card. All you have to say to the merchant is ‘credit please’ and sign for your purchase. Easy!

No. We will activate your existing card when you register your card.

There is no cost. Membership in uChoose Rewards is free for SCU Credit Union Debit Mastercard® cardholders.

uChoose Rewards is a rewards program where you can earn points for using your SCU Credit Union Debit Mastercard®, then redeem your points from millions of options like merchandise, travel experiences and activities, event tickets, merchant gift cards, and more.

You earn points most everywhere your card is accepted. Purchases made with your Mobile Wallet using such services as: Apple Pay®, Samsung Pay®, Google Pay™, or PayPal®, where you have registered your SCU Credit Union Debit Mastercard® will also earn you uChoose Rewards® points.

It can take up to 60 days for transactions to appear on the Point Details page on the uChoose Rewards® site. If points from a qualified transaction do not appear after 60 days, contact a uChoose Rewards® Specialist at service@uchooserewards.com or by phone at 855-559-6528.

By using your Visa® Platinum Secured credit card responsibly and making on-time payments each month, your activity is reported to major credit bureaus. This activity helps build your credit history and can positively impact your credit score over time.

As you build a positive credit history with your Visa® Platinum Secured credit card, you may become eligible for an unsecured credit card from SCU Credit Union. This decision typically depends on your credit score improvement, consistent payments, and overall financial history.

Yes, your deposit is refundable. Once you transition to an unsecured credit card or close your secured card account in good standing, your deposit will be refunded to you. Keeping your account in good standing involves making timely payments and adhering to the credit card’s terms.

If you're unable to make a payment, your collateral may be used to cover what you owe. However, it's important to communicate with the us as soon as possible to explore potential solutions and avoid any long-term negative impacts on your credit score.

Absolutely! Your Visa® Platinum Secured credit card can be used for everyday purchases like groceries, gas, and online shopping. The key is to ensure that any spending aligns with your budget and that you can pay off the balance in full each month to avoid interest.

The credit limit on a secured credit card is typically equal to the amount of the cash deposit you provide as collateral. For example, if you deposit $300, your credit line will be $300. This allows you to have control over your spending while demonstrating responsible credit use.

A secured credit card is a type of credit card that requires a cash deposit as collateral. This deposit acts as your credit limit and serves as a safety net for SCU Credit Union in case you're unable to make payments. It’s an accessible way for individuals with limited or poor credit histories to start building or improving their credit scores.