Credit union · NCUA insured
South Central Credit Union Savings Rates
South Central Credit Union’s best savings rate is 0.15% APY on $10,000, with its Growth Shares. Rates checked October 16, 2026.
How South Central Credit Union’s savings rates compare
Compared with banks and credit unions near Jackson, MI, where South Central Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
South Central Credit Union
0.15%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $15
Reserve Shares
Top rate
Ignite Credit Union
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $500
2nd-highest rate
Flagstar Bank
4.00%APY
- Requires
- None
- Minimum
- $1
- Earns on $10,000 a year
- $400
South Central Credit Union savings score
81
Savings score
Higher than 55% of U.S. banks and credit unions
- $1,000 balance$1,0000.15%
- $10,000 balance$10,0000.68%
- $100,000 balance$100,0000.95%
- QualifiedQualified0.68%
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 South Central 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.
Platinum Plus Account
0.67%APY on $10,000
Dividend rates and APYs may change monthly. Dividends calculated using daily balance method.
| Part of the balance | Rate on that part |
|---|---|
| Up to $3,000 | 0.15% |
| $3,000 – $25,000 | 0.90% |
| $25,000 and up | 1.00% |
On $10,000 the tiers blend to about 0.67% APY, earning $67 a year.
Sources (1)
- southcentralcu.org/files/south…0and%20Fees%202-2026.pdf · captured Oct 8, 2026
Money Market
0.60%APY on $10,000
Money Market accounts with a balance of $2,500 or greater offer a higher interest rate than a traditional savings account. Transfer and withdrawal restrictions apply. Dividend rates and APYs may change monthly. Dividends calculated using daily balance method.
| Part of the balance | Rate on that part |
|---|---|
| $100 – $2,500 | 0.15% |
| $2,500 – $10,000 | 0.75% |
| $10,000 – $25,000 | 0.85% |
| $25,000 and up | 1.00% |
On $10,000 the tiers blend to about 0.60% APY, earning $60 a year.
Sources (3)
- southcentralcu.org/money-market-and-cds · captured Sep 18, 2026
- southcentralcu.org/savings-accounts · captured Sep 18, 2026
- southcentralcu.org/files/south…0and%20Fees%202-2026.pdf · captured Oct 8, 2026
Growth Shares
0.15%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upRequires a minimum balance of $100 to earn the stated APY; accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly.$100 and up | 0.15% | $15 | Requires a minimum balance of $100 to earn the stated APY; accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly. |
Primary Shares
0.15%APY
Each member must maintain $5.00 on-hold in primary regular savings at all times to maintain shareholder status. An initial fee of 25¢ is charged for each membership opened.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upRequires a minimum balance of $100 to earn the stated APY; accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly.$100 and up | 0.15% | $15 | Requires a minimum balance of $100 to earn the stated APY; accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly. |
Sources (3)
All captured Oct 16, 2026
Reserve Shares
0.15%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upRequires a minimum balance of $100 to earn the stated APY; accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly.$100 and up | 0.15% | $15 | Requires a minimum balance of $100 to earn the stated APY; accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly. |
Special-purpose accounts
IRA Premium Money Market
1.16%APY
Dividend rates and APYs may change monthly. Dividends calculated using daily balance method.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 1.16% | $116 |
Sources (1)
- southcentralcu.org/files/south…0and%20Fees%202-2026.pdf · captured Oct 8, 2026
Platinum Plus Account
0.90%APY
Exclusive account offered to members who are at least 55 years of age. Bundled package includes free checking, free checks, free ATM/Debit card, six free ATM transactions per month, free money orders, free travelers’ checks, and no annual fee VISA.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $3,000Offered to members who are at least 55 years of age. Accounts that fall below a daily balance of $100 will not earn a dividend. Computed using the daily balance method. | 0.15% | — | Offered to members who are at least 55 years of age. Accounts that fall below a daily balance of $100 will not earn a dividend. Computed using the daily balance method. |
| $3,000 – $25,000Offered to members who are at least 55 years of age. Accounts that fall below a daily balance of $100 will not earn a dividend. Computed using the daily balance method. | 0.90% | $90 | Offered to members who are at least 55 years of age. Accounts that fall below a daily balance of $100 will not earn a dividend. Computed using the daily balance method. |
| $25,000 and upOffered to members who are at least 55 years of age. Accounts that fall below a daily balance of $100 will not earn a dividend. Computed using the daily balance method. | 1.00% | — | Offered to members who are at least 55 years of age. Accounts that fall below a daily balance of $100 will not earn a dividend. Computed using the daily balance method. |
Sources (3)
All captured Oct 16, 2026
Right Start Young Adult
0.25%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upAccounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly.$100 and up | 0.25% | $25 | Accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly. |
Christmas Club
0.15%APY
Club accounts can be funded using payroll deduction to save for specific goals.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upRequires a minimum balance of $100 to earn the stated APY; accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly.$100 and up | 0.15% | $15 | Requires a minimum balance of $100 to earn the stated APY; accounts that fall below a daily balance of $100 will not earn a dividend. Dividends are compounded monthly. |
Sources (3)
All captured Oct 16, 2026
Youth Account
0.15%APY
Available only to persons under the age of 16.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceAvailable only to persons under the age of 16. Exempt from the $100 minimum daily balance requirement to earn dividends. Dividends are compounded monthly.Any balance | 0.15% | $15 | Available only to persons under the age of 16. Exempt from the $100 minimum daily balance requirement to earn dividends. Dividends are compounded monthly. |
Who can join South Central 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 anyone who lives, works, worships, or attends school in Branch, Calhoun, Eaton, Hillsdale, Ingham, Jackson, Lenawee, Livingston, or Washtenaw counties in Michigan.
Employers and groups
- Membership is open to Michigan Railroaders employees and family members.
- Membership is open to employees of South Central Credit Union.
Military, government and schools
- Membership is open to City of Jackson Michigan employees and pensioners (retirees).
- Membership is open to County of Jackson Michigan employees and pensioners (retirees).
- Membership is open to employees of the Jackson County Michigan Townships of Blackman, Leoni and Summit.
1 more way to join
Family and household
- Membership is open to any immediate family member of a current primary member related by blood or marriage, whether living or not living in the same household.
Membership information collected October 5, 2026.