We are proud to have been named to Business Insider’s list of Best Banks and Credit Unions for Military Members and Their Families for the second year in a row.
Published in December 2021, this list is independently reported and was put together by an objective panel of banking and financial planning experts, including U.S. Army veteran Tania Brown. Service Credit Union was recognized for our high interest rates on savings accounts and certificates, our 24/7 member support, and our Everyday Checking Account.
With an Everyday Checking Account, members receive a 0.50% discount on vehicle and personal loans if they qualify for the Direct Deposit tier, and a 0.75% discount with the Direct Deposit+ tier.* Military members who sign up for Direct Deposit will also receive their military pay up to two days early.** There is no minimum deposit to open an account, and no monthly service fees.
“Service Credit Union is in our guide of the best institutions for military families. It’s a good option if you want to earn high interest rates on your savings and certificate balances. You also may like it if you’re looking for 24/7 customer support,” writes Business Insider.
*Loan Discounts do not apply to real estate, lines of credit, business loans, certificate or share secured consumer loans, or VISA loans. Discount will be applied to the APR that a member qualifies for based on creditworthiness. Members must maintain the tier qualifications for the life of the loan in order to keep their loan discount.
**Immediate credit of your direct deposit to your SCU account up to two (2) business days early is based upon when we receive your payroll from your employer. SCU cannot assume any liability for not depositing these funds to your account early.