Term and life annuities

COLLABRIA PAYMENT DELAY NOTIFICATION
We are aware that some payments made to Collabria between January 3rd and 6th have not been reflected on accounts. Our partner, Collabria, is investigating the situation and working to have this resolved as soon as possible. All delayed payments will be applied to accounts effective the original payment dates. We apologize for any inconvenience this may have caused.

ACTIVE SCAM ALERT
We have been made aware of an active scam where members are receiving calls from someone claiming to be an SCU employee. Remember: SCU will never ask you to share digital banking passwords or authentication codes. Stay vigilant to protect yourself from fraud. Please visit our Fraud Prevention Centre to learn more.

Important changes to account package and service fees
As of February 3, 2025 our personal and business account and service fees are changing. Learn more.

Term and life annuities

Purchased from life insurance companies, this benefit provides a guaranteed monthly income stream for a minimum number of years or for the life of the annuitant.

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