Checking Accounts
Your checking account is the center of your financial life. That’s why at Scott Credit Union we focus on offering free checking products. So you can save money with a free checking that doesn’t have all the big bank fees. No bank catches. No kidding. It’s banking simplified.
Extreme Checking
Features at a glance
- Up to 0.80% APY on balances up to $25,000 when minimum requirements are met1
- No monthly service fee or minimum balance requirements
- ATM Rebates up to $10/month when minimum requirements are met2
- Easy access to your accounts through SCU Online and SCU Mobile
- Free Visa debit card with account opening
- Overdraft Protection option
- eAlerts & eStatements
- Free Online Bill Pay
- Free Mobile Deposit
Our Extreme Checking Account gives you the ability to have a FREE checking account plus earn interest when the minimum requirements are met! Earn 0.80% APY on your Extreme Checking balances up to $25,000 when you meet these simple requirements:
- Sign up to receive eStatements instead of paper statements.
- Have 12 debit card transactions posted and cleared by the end of the last business day each month.
Even if you don’t meet the minimum requirements, Extreme Checking is still FREE and pays 0.01% APY! That’s it! Banking Simplified.
What you get with an Extreme Checking Account at Scott Credit Union
Earn more on your money
Make your money work for you just by using your debit card and saving trees with electronic statements. When you meet the minimum monthly requirements, Extreme Checking will allow you to earn up to 0.80% APY1 on the first $25,000 in your account!
No monthly maintenance fees
We don’t charge a monthly or annual maintenance fee with Extreme Checking like most of the big banks. Fees such as insufficient funds and returned checks do still apply, but we work to keep them low. View our fee schedule here.
Take your account mobile
Our convenient and free SCU Mobile app allows you to check balances, deposit checks and make transfers all while you’re on the go! Simply search for us in both the Apple App Store & Google Play Store or visit our SCU Mobile page for more details.
Stay on top of everything with eAlerts
eAlerts are free to use and allow you to have an email or text message sent to you when certain events occur in your accounts.3 You can set eAlerts to notify you when your balance falls below a certain amount, a large purchase or ATM withdrawal is made, or even anytime your account is accessed via SCU Online. You can add and remove eAlerts at any time through the SCU Online navigation menu. Learn more about eAlerts.
Protect yourself from overdraft with SCU Ready Reserve
Scott Credit Union’s Ready Reserve Account is a line of credit that provides a flexible cash reserve. It can help you avoid the potential embarrassment of a returned check and costly overdraft charges. Learn more about SCU Ready Reserve.
10.80% Annual Percentage Yield (APY) paid on balances between one penny and $25,000, and 0.05% APY paid on all amounts above $25,000 each cycle the minimum requirements are met. If you do not meet the requirements per qualification cycle, your account will still function as a free checking account with your balance earning 0.01% APY; however, it will not receive ATM fee rebates for that time period. Rates as of September 1, 2016. We may change the interest rate at any time after the account is opened. Available to personal accounts only.
2ATM fee rebates up to $10 per cycle if requirements are met.
3Message and data rates from your carrier may apply.
Free Checking
Features at a glance
- No monthly service fee or minimum balance requirements
- Easy access to your accounts through SCU Online and SCU Mobile
- Free Visa debit card with account opening
- Overdraft Protection option
- eAlerts & eStatements
- Free Online Bill Pay
- Our Free Checking Account is exactly that…FREE! There are no minimum balance requirements to avoid monthly maintenance fees.
That’s it! Banking Simplified.
What you get with a Free Checking Account at Scott Credit Union
No monthly maintenance fees
We don’t charge a monthly or annual maintenance fee with Free Checking like most of the big banks. Fees such as insufficient funds and returned checks do still apply, but we work to keep them low. View our fee schedule here.
Take your account mobile
Our convenient and free SCU Mobile app allows you to check balances, deposit checks and make transfers all while you’re on the go! Simply search for us in both the Apple App Store & Google Play Store or visit our SCU Mobile page for more details.
Stay on top of everything with eAlerts
eAlerts are free to use and allow you to have an email or text message sent to you when certain events occur in your accounts.1 You can set eAlerts to notify you when your balance falls below a certain amount, a large purchase or ATM withdrawal is made, or even anytime your account is accessed via SCU Online. You can add and remove eAlerts at any time through the SCU Online navigation menu. Learn more about eAlerts.
Protect yourself from overdraft with SCU Ready Reserve
Scott Credit Union’s Ready Reserve Account is a Pre-Approved line of credit that provides a flexible cash reserve. You can have extra cash right at your fingertips just by writing a check. But most important of all, it can help you avoid the potential embarrassment of a returned check and costly overdraft charges. Learn more about SCU Ready Reserve.
1Message and data rates from your carrier may apply.
Student Debit Account
Features at a glance
- No checks to keep track of
- Low risk of over-drawing
- Up to 0.80% APY on balances up to $25,000 when minimum requirements are met1
- No monthly service fee or minimum balance requirements
- ATM Rebates up to $10/month when minimum requirements are met2
- Easy access to your accounts through SCU Online and SCU Mobile
- Free Visa debit card with account opening
- Overdraft Protection option
- eAlerts & eStatements
- Free Online Bill Pay
Start your kids on the path to financial success with a Student Debit Account from Scott Credit Union. It is like a checking account without the checks! It’s perfect for teenagers & young adults who have never used a debit card before and are managing their money for the first time. In order to qualify for the Student Debit Account, you must be between 13 and 22 years old.
Earn 0.80% APY1 on your Student Debit Account balances up to $25,000 when you meet these simple requirements:
- Sign up to receive eStatements instead of paper statements.
- Have 12 debit card transactions posted and cleared by the end of the last business day each month.
Even if you don’t meet the minimum requirements, Student Debit is still FREE and pays 0.01% APY!
That’s it! Banking Simplified.
What you get with a Student Debit Account at Scott Credit Union
Stay on top of everything with eAlerts
eAlerts are free to use and allow you to have an email or text message sent to you when certain events occur in your accounts.3 You can set eAlerts to notify you when your balance falls below a certain amount, a large purchase or ATM withdrawal is made, or even anytime your account is accessed via SCU Online. You can add and remove eAlerts at any time through the SCU Online navigation menu.
Earn more on your money
Make your money work for you just by using your debit card and saving trees with electronic statements. When you meet the minimum monthly requirements, Extreme Checking will allow you to earn up to 0.80% APY1 on the first $25,000 in your account!
Parental online account monitoring & fund transfer capability (for those under 18).
When your child under the age of 18 opens a Student Debit account and you are listed as the secondary, you will have access to view their account and make free transfers to them via SCU Online & SCU Mobile. So, monitoring their account is as easy as monitoring your own account!
No monthly maintenance fees
We don’t charge a monthly or annual maintenance fee with Student Debit like most of the big banks. Fees such as insufficient funds and returned checks do still apply, but we work to keep them low. View our fee schedule here.
Take your account mobile
Our convenient and free SCU Mobile app allows you to check balances, deposit checks and make transfers all while you’re on the go! Simply search for us in both the Apple App Store & Google Play Store or visit our SCU Mobile page for more details.
10.80% Annual Percentage Yield (APY) paid on balances between one penny and $25,000, and 0.05% APY paid on all amounts above $25,000 each cycle the minimum requirements are met. If you do not meet the requirements per qualification cycle, your account will still function as a free checking account with your balance earning 0.01% APY; however, it will not receive ATM fee rebates for that time period. Rates as of September 1, 2016. We may change the interest rate at any time after the account is opened. Available to personal accounts only.
2ATM fee rebates up to $10 per cycle if requirements are met.
3Message and data rates from your carrier may apply.
Overdraft Protection
Scott Credit Union’s Ready Reserve Account is a line of credit that provides a flexible cash reserve. But most important of all, it can help you avoid the potential embarrassment of a returned check and costly overdraft charges.
- Rates as low as 16.00% APR1
- Helps in an emergency
- There for unexpected expenses
- Avoid overdraft (NSF) charges
Attractive Terms
The Ready Reserve Account is a simple-interest loan, and there is no set-up charge. All loan advances are activated in $100 increments. The interest accrues on a daily basis, and is charged on the exact amount of cash used for the length of time you need it.
Plus, take advantage of the easy repayment plan – automatically deducted from your SCU checking account on the statement cycle date each month. Or, you can make payments directly at the teller line.
To apply today, click below and choose the “Ready Reserve OD Protection” option to complete the application.
1APR = Annual Percentage Rate.
Rates
Open your Checking account today – click below!
Please note that Student Debit accounts cannot be opened online at this time.
| Account Type | APY1 |
|---|---|
| Extreme Checking requirements are met1 | 0.80% |
| Extreme Checking requirements are met, balances over $25,0001 | 0.05% |
| Extreme Checking requirements are not met | 0.01% |
| Student Debit requirements are met | 0.80% |
| Student Debit requirements are met, balances over $25,000 | 0.05% |
| Student Debit requirements not are met | 0.01% |
10.80% Annual Percentage Yield (APY) paid on balances between one penny and $25,000, and 0.05% APY paid on all amounts above $25,000 each cycle the minimum requirements are met. If you do not meet the requirements per qualification cycle, your account will still function as a free checking account with your balance earning 0.01% APY; however, it will not receive ATM fee rebates for that time period. Rates as of September 1, 2016. We may change the interest rate at any time after the account is opened. Available to personal accounts only.
