$15 Million in Cash
This year, we’re showing that it pays to be a member by sharing a $15 million Member Bonus.
Curious about how our bonus is calculated?
Guidance for where you want to go
Take the next step on your financial journey—become an SCU member.
Custom advice with SCU
Take the first step by completing our form and have us contact you or give us a call at 1.800.728.6440. Our Member Contact Centre is open from 8:00 a.m. to 8:00 p.m. on weekdays, and from 8:00 a.m. to 4:00 p.m. on Saturdays.
Explore the possibilities
- Growing your savings: Wherever you are on your savings journey, we can help you find the right options to help you reach your short- and long-term goals faster.
- Borrowing to meet your goals: We will work with you to create a personalized solution to meet your needs and guide you through every step of the borrowing process.
- Maximizing your wealth: We serve every level of investor, with expert advice to secure your future and protect your wealth.
- Building a successful business: We can help you reach your business goals, whether that’s borrowing to start a new business, growing your business savings, or exploring future opportunities.
Ready to get started? Book an appointment today.
Testimonials
Explore the possibilities
There’s excitement in the unknown. Make a bold move with SCU.
Book an appointmentAbout the SCU Member Bonus
As a cooperative organization, we are owned, organized, and controlled by our members. This year, we're showing that it pays to be a member by sharing a $15 million Member Bonus. This is the largest cash Member Bonus in Manitoba credit union history, to date. That means members get to share in our success with a 100% cash back bonus as a thanks for their continued loyalty and commitment to SCU. This adds up to a total of $119 million given back to our members since 2000.
We will share our 100% cash bonus with members who hold both deposit or lending accounts. The breakdown of this allocation will be 60% to deposit holders and 40% to credit holders.
The bonus is calculated on interest earned, and paid, on qualifying products in 2024 and equates to an additional 2.96% on deposit interest already earned and 1.44% on loan interest already paid.
Eligible products include Personal, Commercial, Agriculture, Charity, and Community accounts, with the exception of RESPs, RDSPs, Index-Linked GICs, AgriInvest, and lawyer and realtor trust accounts.
Take the next step on your financial journey—become an SCU member.
By the numbers
To give you a better idea of how the cash bonus works, here’s an example of what two members may receive based on the interest they earned and paid in 2024:
| Member A | Interest earned or paid | Bonus received | Member B | Interest earned or paid | Bonus received | |
| Mortgage | $10,000 | $144.00 | Mortgage | $10,000 | $144.00 | |
| Personal loan | $1,500 | $21.60 | Personal loan | $1,000 | $14.40 | |
| Savings account | $2,000 | $59.20 | Savings account | $0 | $0.00 | |
| Total | $224.80 | Total | $158.40 | |||
For illustrative purposes only