About SCCUBecome a Legislative Ambassador
Learn more about our Watchdog Ratings
Bank or Credit Union?
Does it really make a difference?
A credit union is a member-owned financial cooperative. The members pool their money and use it to provide financial products to themselves and other members. Profits are returned to members in the form of lower interest rates on loans, higher returns on deposit accounts, lower fees, and more free services than typically provided by a bank.
A credit union gives back to its members and the community it serves every day by providing services without the need to generate excess profits to pay out to stockholders or private owners. Members can trust in the products and services offered by their credit union, because the only reason profits are generated is to provide a return to the members. Because of their structure, credit unions have no motive to engage in deceptive advertising or predatory lending. They want what is best for their members, especially providing sound financial advice to members, in order to protect the interests of all who participate in the cooperative.
The existence of credit unions offers a market-based pricing control that benefits all consumers of financial services. Without this member-owned institution, there would be no financial institution whose sole interest was to price services to benefit you, the customer.
Space Coast Credit Union has been serving members since 1951. Over the years, the financial services we offer have expanded as the needs of our members have changed. On June 19, 2009, SCCU's Board of Directors approved a merger with Eastern Financial Florida Credit Union, with SCCU as the surviving entity. The resulting consolidated credit union is the third largest credit union in Florida and serves over 360,000 members with assets of over $3.2 billion through a network of 63 branches and 145 ATMs with the financial products and services needed to make purchases, finance homes and businesses, save money, and plan for the future.
We take the cooperative concept even further with our exclusive Member Rewards™ program, and by giving you rewards on your Credit card purchases. Simply put, the more you do with SCCU, the more you get in the form of free services and bonus deposit rates.
We look to our members to provide open and honest feedback about our products and services through the SCCU Membersí Watchdog Program. You will see member-generated ratings and reviews throughout our website that display the true voice of our members.
SCCU supports both our members and our community with services that go beyond deposits and loans. We use our extensive branch network to raise funds for local charities, the United Way, local emergencies such as the hurricane damage that impacted our area in 2004, and events of national concern such as the extensive damage from Hurricane Katrina. We partner with over 100 local businesses through our Member Discount Program in order to provide special value for our members while helping our corporate neighbors grow their businesses. We support learning in our communities through our Education Donation Program which allows our members to funnel many modest donations together to create a significant funding resource for classroom teachers and school organizations.
Our Mission Statement:
To Create Value in Cooperative Ownership
Who Can Join? You Can!
Membership in SCCU is open to anyone living or working in Brevard, Volusia, Flagler, Indian River, Osceola, Orange, Seminole, or St. Lucie Counties. You can open your account simply by calling Express Services Monday - Friday, 8 a.m. - 6:30 p.m., and Saturday, 9 a.m. - 3 p.m.
Membership in the Eastern Financial Florida Credit Union Division of SCCU is open to anyone living or working in Miami-Dade, Broward, Palm Beach, Pinellas, Hillsborough, Clay, Duval, Nassau, or St. Johns County. You can open your account through the EFFCU Division by visiting the division's web site.
Choose from the list on the left to learn more about our account options.Open an Account