Savings Accounts

Pay Yourself First

That's long been the mantra of successful people everywhere. And when it comes to saving money, it all starts right here. We have a wide range of accounts to suit virtually any need or age group, including seniors and youth. Regular Savings, Monthly Savings, Term Deposits and more. With excellent interest rates, no minimum balance requirements and all savings deposits guaranteed 100% by the Deposit Guarantee Corporation of Manitoba; our personal savings accounts are safe and solid investments.

The SCU Account Selector tool can help you make the right choice, click here to learn more.

Regular Savings

• Competitive Interest Rate from dollar one
• No minimum monthly balance required
• Interest calculated on minimum monthly balance
• Interest paid annually
• Tiered rates starting @ $100,000
• First monthly withdrawal free
  Fee: up to $1.00 per subsequent withdrawal

Monthly Savings

• Competitive Interest Rate from dollar one
• No minimum monthly balance required
• Interest calculated on minimum monthly balance
• Interest paid monthly
• First monthly withdrawal free
  Fee: up to $1.00 per subsequent withdrawal

PLAN 24® Account

• Competitive Interest Rate from dollar one
• No minimum monthly balance required
• Interest calculated on daily balance
• Interest paid monthly
• Great holding account
• First monthly withdrawal free
  Fee: up to $1.00 per subsequent withdrawal

TFSA

• Competitive Interest Rate from dollar one
• Interest is tax-free
• No minimum monthly balance required
• Interest calculated on minimum monthly balance
• Interest paid annually
• Option for fixed rates
• Contribution limits apply
• Must be 18 years of age
• Canadian Resident
• $3.00 withdrawal fee

Term Deposit (GICs)

• Guaranteed Competitive Interest Rate from dollar one
• Available in 1 to 5 year terms
• Tiered rates starting @ $100,000
• Interest is compounded or paid annually
• Minimum deposit of $500 is required
• SCU also offers U.S. dollar Term Deposits, click here to learn more.

US Term Deposits – Available in terms of 30, 60, 90 days or one year. Minimum deposit of $5,000 is required with interest being paid the last day of the term.