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Invest in YOU

There are lots of ways to invest in yourself, like deciding to eat that apple instead of the bag of chips. You take the stairs instead of the elevator. You decide to learn a new skill and sign up for classes. But what about your future finances? What do you hope for and how will you get there?

Whether you are dreaming of owning a small business or a home of your own, when you commit to regular savings, you are taking the first steps to invest in your future. It doesn’t take much to get started.

Start with SCU Direct

This special savings account offers a higher dividend rate to members who save systematically with a preauthorized weekly or monthly transfer from a SCU Checking Account. Changing your transfer amount or frequency to this account can be done at any of our branch locations or by calling 781-784-7725.

  • Unlimited withdrawals only when made in person
  • Online transfers available
  • Premium tiered variable dividend rate and APY
  • $10.00 minimum preauthorized transfer amount to open from your SCU Checking Account

SCU Direct Savings Account

  Rate APY* Minimum Balance
Tier 1 4.89% 5.00% $10.00 - $9,999.99
Tier 2 2.96% 5.00% - 3.40% $10,000.00 - $49,999.99
Tier 3 1.00% 3.40% - 1.48% $50,000.00 - $249,999.99
Tier 4 0.05% 1.48% - 0.05% $250,000.00+





Continue with Longer-Term Savings

Once you have some money saved in your new SCU Direct Account consider making a longer-term investment in your future by opening a fixed rate high yield share certificate. Terms range from 3 months to 60 months and only require a $500 minimum balance to open.

Your monthly dividends can be withdrawn, transferred to another SCU Credit Union product, or can be compounded. Principal can be withdrawn prior to term but will incur a penalty. See our current rates.


*APY = Annual Percentage Yield. Unlimited withdrawals only when made in person. Online transfer available. Premium tiered variable dividend rate and APY. $10.00 minimum preauthorized transfer amount to open from your SCU Checking Account. $1,000 maximum opening deposit and preauthorized transfer amount from your SCU Checking Account.

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