Annual Savings

Our Annual Savings account keeps your money busy earning a higher rate of interest than any of our other savings accounts. With SCU’s Annual Savings account you can make deposits only between October 1 and November 1 annually. Automatic deposits can be setup during this timeframe to run throughout the year. Two withdrawals per month (minimum $100 each) are available; so you’ll always have access to your money in case of an emergency.

The Annual Savings account gives you one more way to save for a special occasion like Christmas, a family holiday, or for annual expenses like autopac.

Benefits include:

• Interest calculated daily on closing daily balance, and paid monthly
• Rate of interest will be increased if market conditions warrant, but account holders will not earn less than minimum rate
• Rates for this product will be announced by November 1 annually