Online Banking
Manage your money at any time with 24/7 access.
Explore Savings Account Options
It’s never too soon to start planning for the future. Set money aside from your day-to-day spending with our free savings accounts. Earn dividends but keep your cash available with our Special Savings account, boost dividends with our Money Manager high-yield savings account, or maximize earnings with our range of high-paying Share Certificates.
Benefits Overview
Mobile App
Access your account from anywhere with our mobile app.
Bill Pay w/ Checking
Pay your bills securely online from your SCCU account.
Co-Op ATMS
Access nearly 30,000 surcharge-free ATMs nationwide.
Remote Deposit
Deposit checks with your phone no matter where you are.
Notary Services
Members enjoy free access to in branch notary services.
Smart Teller
Access free automated account info and funds transfer.
4 Local Branches
Meet with our team of experts at four convenient locations.
Special Savings
A Special Savings account is a great way to save for memorable vacations, home renovations, taxes, and emergencies. Use direct deposit to make automatic deposits to this account and watch your savings grow!
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Same dividend rate as the Prime Share
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No minimum balance or minimum opening deposit
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No limit on withdrawals
Money Manager
Our flexible Money Manager account offers a higher dividend annual percentage yield (APY) while keeping your cash readily available should you need it.- $2,500 minimum balance requirement (to avoid a $15 monthly service fee).
- 6 free transactions per month ($3 per transaction thereafter)
- Minimum withdrawal of $500 ($5 per withdrawal below $500)
- 3 checks may be written per month (minimum $500 per check)
Share Certificates
Share Certificates are perfect for members who want to maximize their earnings by investing for a pre-determined period — from 3 months to 3 years. Our Share Certificates offer high-yield returns and total security.
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For accounts less than two years: the minimum initial deposit and balance is $2,500
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For accounts two years or more: the minimum deposit and balance is $500
Prime Share
With a $25 deposit, the Prime Share account establishes a Scenic Community Credit Union membership.
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No service charge
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Balance earns a competitive dividend rate
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$25 minimum balance requirement
Christmas Club
Use a Christmas Club account to keep your budget on track during the holidays!
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Works just like the Special Savings account
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Withdraw funds anytime (not just during the holiday season)
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Pays the same dividend rate as Prime Share
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No minimum balance
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No limit on withdrawals
Truth in Savings: Deposit Wisely
Not all savings accounts are created equal. Account fees, dividend/interest rates, and services may vary from one institution to another. But comparing accounts is possible thanks to Truth in Savings (TIS) legislation, which requires financial institutions to disclose all account terms and conditions. And that includes fees, minimum balance requirements, and annual percentage yield (APY) - information you need to start shopping.
APY gives you a good picture of your potential earnings based on dividend or interest rate and frequency of compounding. APY is the amount of money you'd earn on $100 - if the money stays there for a full 365-day year. So if the advertised APY is 2.5%, that means you'd earn $2.50 annually for every $100 on deposit.
APY, along with answers to the following questions, can help you do and apples-to-apples rate comparison:
- What is the minimum balance required to earn dividends/interest?
- Are tiered rates offered? (Tiered rates apply to different balance amounts. For example, balances up to $10,000 or less may earn 1.00% and balances more than $10,000 may earn 1.25%.)
- When does your money start earning dividends or interest? (If an institution pays the day you deposit money into your account, you're earning on your ledger balance. If it waits until a deposited share draft or check clears before it starts paying, you're earning on your collected balance.)
- How often is the interest compounded? (Accounts commonly compound on a quarterly or monthly basis.)
As far as fees go, check for these common charges:
- Is there a charge if your balance falls below a required minimum?
- Is there a fee for closing the savings account soon after it's opened?
- Is there a monthly maintenance fee?
You can see our fee schedule here.
Read what others are saying
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Savings Account FAQ
Are there fees associated with a savings account?
There are no maintenance or minimum balance monthly fees on our regular Special Savings accounts, although overdraft or other penalties may apply. Our Money Manager accounts charge fees if your balance falls below the minimum required deposit, you withdraw money more than six times a month, withdraw less than $500 in a single transaction, or write more than 3 checks per month. Checks need to be written for at least $500. There are no service charges associated with the Prime Share savings account.
Is there a minimum balance requirement for a savings account?
The minimum balance requirement is $25 for our Prime Share account. There is no minimum balance for Special Savings of Christmas Club. The minimum balance requirement is $2,500 for our Money Manager accounts.
Can I withdraw money from a savings account at any time?
It depends on which of our savings products you choose. There is no monthly limit on withdrawals from our Prime Share, Special Savings or Christmas Club accounts, but our higher-earning money market account limits fee-free withdrawals to six a month. Our Share Certificates require that you commit your money for the full term of the certificate (from 3 months to 3 years) or face penalties for early withdrawal.
How do I open a savings account?
You can open a Scenic Community Credit Union savings account online, by calling us at (423) 875-6955 or by visiting us at your closest branch.
Can I link my savings account to other accounts?
You can automate transfers from your checking account into any Savings account, Money Manager or Share Certificate account. You can also link your Savings account to your Checking account to provide overdraft protection, transferring money in the event of an NSF call on your account.
Are there fees associated with a share certificate account?
We may impose a penalty if you withdraw funds from your account before the maturity date. Amount of Penalty: For all accounts the amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows: Terms of 1 year or less: 90 Days' Dividends; Terms of longer than 1 year: 180 Days' Dividends
How the penalty works: The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal.
Is there a minimum balance requirement for a share certificate account?
- For accounts less than two years: the minimum deposit and balance is $2,500.
- For accounts two years or more: the minimum deposit and balance is $500.
Explore More Accounts
Checking Accounts
We offer checking accounts that fit your needs at every life stage. Whether you are looking for no-nonsense, everyday checking services, or a full-service interest bearing account, we have a checking account that suits you!
Individual Retirement Accounts (IRA)
If you're just starting to save for retirement, receiving a pension plan payout, preparing to retire soon, or setting aside funds for your child's education, an SCCU IRA can help you achieve your financial goals.
Credit Cards
With an SCCU credit card, you can make the purchases you need anytime and anywhere. We have options tailored for seasoned credit card users or those building credit for the first time.