It Pays to be a Member
Being a member of SCU means that our success is your success, too. And what better way to celebrate another great year than a Member Bonus? This year's Member Bonus is $7.5 million in cash! Thank you for your continued loyalty and commitment to SCU.
How is the Member Bonus calculated?
The 2018 Member Bonus will be shared with members who hold either deposit or lending accounts. The breakdown of this allocation is equal, 50% to deposit holders and 50% to loan holders.
Eligible products include: Consumer, Commercial, Agriculture, and Charity and Community accounts, with the exceptions being RESP, AgriInvest, lawyer and realtor trust accounts, unauthorized overdrafts, and temporary overdrafts.
Member Bonus is calculated on interest earned and paid on qualifying products for calendar year 2018, and equates to an additional 3.78% on interest already earned and 2.25% on interest already paid.
How will I receive the Member Bonus? When can I expect it?
Your Member Bonus will be deposited via direct deposit to qualifying accounts by Friday, March 22, 2019, and can be viewed on member statements under the name of “Member Bonus”.
Log-in to SCU Direct Online Banking to view your statement. Not signed up? Signing up is easy, simply call the Member Contact at 1.800.728.6440 or visit any SCU Branch.