Credit union · NCUA insured
SCU Credit Union Savings Rates
SCU Credit Union’s best savings rate is 0.50% APY on $10,000, with its MyMoney Market. Rates checked October 15, 2026.
How SCU Credit Union’s savings rates compare
Compared with banks and credit unions near Boston, MA-NH, where SCU Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
SCU Credit Union
2.50%APY
- Requires
- Another account
- Minimum
- $10
- Earns on $10,000 a year
- $250
SCU Direct Savings Account
Top rate
Leader Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $10
- Earns on $10,000 a year
- $500
2nd-highest rate
Albright Credit Union
5.00%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $500
SCU Credit Union savings score
84
Savings score
Higher than 67% of U.S. banks and credit unions
- $1,000 balance$1,0000.03%
- $10,000 balance$10,0000.50%
- $100,000 balance$100,0002.75%
- QualifiedQualified2.50%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where SCU Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
SCU Direct Savings Account
2.50%APY
High-yield tiered savings account requiring an SCU Checking account with preauthorized weekly or monthly automatic transfers. $10.00 minimum preauthorized transfer to open; $10,000 maximum opening deposit. Unlimited withdrawals only when made in person.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Tier 1 rate. Requires SCU Checking account and preauthorized weekly or monthly transfer. $10,000 maximum opening deposit. | 4.00% | — | Tier 1 rate. Requires SCU Checking account and preauthorized weekly or monthly transfer. $10,000 maximum opening deposit. |
| $10,000 – $50,000Tier 2 rate. Published APY is a blended range of 3.75% - 2.75%. Requires SCU Checking account and preauthorized weekly or monthly transfer. | 2.50% | $250 | Tier 2 rate. Published APY is a blended range of 3.75% - 2.75%. Requires SCU Checking account and preauthorized weekly or monthly transfer. |
| $50,000 – $250,000Tier 3 rate. Published APY is a blended range of 2.75% - 1.35%. Requires SCU Checking account and preauthorized weekly or monthly transfer. | 1.01% | — | Tier 3 rate. Published APY is a blended range of 2.75% - 1.35%. Requires SCU Checking account and preauthorized weekly or monthly transfer. |
| $250,000 and upTier 4 rate. Published APY is a blended range of 1.35% - 0.05%. Requires SCU Checking account and preauthorized weekly or monthly transfer. | 0.05% | — | Tier 4 rate. Published APY is a blended range of 1.35% - 0.05%. Requires SCU Checking account and preauthorized weekly or monthly transfer. |
MyPremium Money Market
Up to 3.00%APY
Variable rate subject to change after account opening. Membership eligibility required.
| Balance | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| $50,000 – $250,000Tier 1 rate. Rates are variable and may change after account opening. · $50,000 to open | 2.75% | $50,000 | — | Tier 1 rate. Rates are variable and may change after account opening. |
| $250,000 – $500,000Tier 2 rate. Rates are variable and may change after account opening. · $250,000 to open | 2.75% | $250,000 | — | Tier 2 rate. Rates are variable and may change after account opening. |
| $500,000 – $1,000,000Tier 3 rate. Rates are variable and may change after account opening. · $500,000 to open | 3.00% | $500,000 | — | Tier 3 rate. Rates are variable and may change after account opening. |
| $1,000,000 – $2,500,000Tier 4 rate. Rates are variable and may change after account opening. · $1,000,000 to open | 3.00% | $1,000,000 | — | Tier 4 rate. Rates are variable and may change after account opening. |
| $2,500,000 and upTier 5 rate. Rates are variable and may change after account opening. · $2,500,000 to open | 3.00% | $2,500,000 | — | Tier 5 rate. Rates are variable and may change after account opening. |
Sources (2)
All captured Oct 5, 2026
MyMoney Market
0.50%APY
Deposit or withdraw funds anytime without a penalty. Interest compounds daily and is credited monthly. Variable rate subject to change after account opening. Membership eligibility required.
| Balance | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| Up to $2,500Tier 1 rate. Rates are variable and may change after account opening. · $5 to open | 0.03% | $5 | — | Tier 1 rate. Rates are variable and may change after account opening. |
| $2,500 – $50,000Tier 2 rate. Rates are variable and may change after account opening. · $2,500 to open | 0.50% | $2,500 | $50 | Tier 2 rate. Rates are variable and may change after account opening. |
| $50,000 and upTier 3 rate. Rates are variable and may change after account opening. · $50,000 to open | 1.25% | $50,000 | — | Tier 3 rate. Rates are variable and may change after account opening. |
Sources (2)
All captured Oct 5, 2026
Share Account
0.01%APY
Simple savings account that establishes membership with SCU Credit Union. Requires a $5.00 minimum balance to open and maintain membership status.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upVariable rate subject to change at any time. $5.00 minimum balance required to open and earn stated APY and maintain membership.$5 and up | 0.01% | $1 | Variable rate subject to change at any time. $5.00 minimum balance required to open and earn stated APY and maintain membership. |
Special-purpose accounts
IRA Share Account
0.05%APY
Tax-advantaged individual retirement and education savings account (available as Traditional IRA, Roth IRA, and Coverdell Education Savings Account / CESA).
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upApplies to Traditional, Roth, and Coverdell Educational Account IRA Share Accounts.$5 and up | 0.05% | $5 | Applies to Traditional, Roth, and Coverdell Educational Account IRA Share Accounts. |
Sources (3)
- scucu.com/rates/deposit-rates.html
- scucu.com/bank/individual-retirement-account-iras.html
- scucu.com/bank/savings.html
All captured Oct 5, 2026
MyHoliday Savings Club
0.01%APY
Club savings account designed to save for year-end/holiday expenses, with funds disbursed around November.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and upFunds disbursed around November. Variable rate subject to change.$1 and up | 0.01% | $1 | Funds disbursed around November. Variable rate subject to change. |
Sources (3)
All captured Oct 5, 2026
MyVacation Savings Club
0.01%APY
Club savings account designed to save for vacation/summer expenses, with funds disbursed in April.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and upFunds released in April. Variable rate subject to change.$1 and up | 0.01% | $1 | Funds released in April. Variable rate subject to change. |
Sources (3)
All captured Oct 5, 2026
Who can join SCU Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to individuals who live, work, attend school, college or university, or have a usual place of business in specified counties in Massachusetts (Barnstable, Bristol, Dukes, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk), Rhode Island (Bristol, Newport, Providence), or specified towns in Worcester County, Massachusetts (Blackstone, Hopedale, Mendon, Milford, Millville, Northbridge, Southborough, Upton, Uxbridge, Westborough).
Family and household
- Membership is open to family members (defined as spouse, child, brother, sister, parent, grandchild, grandparent, stepchild, stepbrother, stepsister, sister-in-law, brother-in-law, mother-in-law, father-in-law, daughter-in-law, son-in-law, aunt, uncle, niece, nephew, or cousin) of eligible persons, regardless of location.
Other ways
- Membership is open to organization members (fraternal organizations, voluntary associations, partnerships, or corporations) having a usual place of business within the commonwealth and composed principally of individual members or stockholders eligible for credit union membership or the Central Credit Union Fund, Inc.
Membership information collected October 5, 2026.