Accounts
Don’t just save your money, grow it with savings accounts that give you:

Competitive interest rates right from dollar one

100% deposit guarantee

No minimum balance requirement
Access your money while it grows with day-to-day chequing accounts that give you:

Daily interest

Optional overdraft protection

Access to 1,800+ ding free^® ATMs across Canada
Help your child build financial independence one step at a time.

Choose a savings account, an account for day-to-day spending, or both

Accounts earn interest right from dollar one

No monthly fees
Affordable banking for students pursuing post-secondary education at a university, college, or trade school.

Choose from two options to meet your banking and budgeting needs

Access to a full suite of online and digital banking solutions

Proof of enrollment is required
Access your money while it grows with day-to-day chequing accounts that give you:

Daily interest

No monthly fees

Access to 1,800+ ding free^® ATMs across Canada
Manage your accounts your way with easy and effortless banking options including:

Online banking options for every account size

Dedicated tellers at every branch
Investing
Low-risk investing with GICs in various term lengths, available in both Canadian and U.S. funds.

Earn a guaranteed rate of return

100% deposit guarantee

GICs are also available in an RRSP, RRIF, or TFSA
Save for a rainy day, a big purchase, or get ready for retirement with a Tax-Free Savings Account.

All returns are tax-free

Manage your TFSA online or using the SCU app

Access your funds when you need them
Save for your retirement and reduce your taxable income now with an RRSP.

Enjoy tax-deferred savings

Make tax-deductible contributions

Choose from a variety of investing options
Give a child in your life a head start on their
post-secondary education with an RESP.

All returns are tax-free

Choose from a variety of investing options

Increase savings with government grants
Convert your RRSP to a RRIF and enjoy a steady income while still earning interest on your money.

Control your income

Continue to grow your money tax-free

Choose from a variety of investing options
Use an RDSP to provide future financial security for an individual who receives the disability tax credit.

Earn tax-sheltered interest

Keep existing disability benefits

Increase savings with government grants
Reach your investment goals with online investing made easy by Qtrade Investor and VirtualWealth^®.

Advanced investment software

Fast, friendly, and knowledgeable customer support
Mortgages
Invest in your future with some of the best home mortgage options available and get:

Competitive variable and fixed interest rates

Up to 25 years to repay with as little as 5% down

Pre-payment and extra-payment privileges
Invest in your future with some of the best condo mortgage options available and get:

Competitive variable and fixed interest rates

90-day rate guarantee

Pre-payment and extra-payment privileges
Re-imagine your living space and increase the value of your home with a renovation mortgage and get:

Variable or fixed rate options

Leverage existing or “as-complete” home equity

Pre-payment and extra-payment privileges
Make your dream home a reality with self-build mortgages that give you:

Variable or fixed rate options

A 12-month interest-only period

Access to funds when and how you need them
Contract-build mortgages offer a variety of options suited to the building process including:

Turn-key mortgages

Assumption mortgages

Ready-to-move mortgages
Build a personal portfolio of rental properties with specially designed mortgages that give:

25 years to repay

Pre-approval based on projected rental income

Up to six rental units at our personal rate
Realize your dream of owning a cottage or vacation property with a mortgage that gives you:

Up to 80% financing

25 years to repay

Ability to purchase on government leased land
Our New to Canada mortgage is designed to help newcomers find a home in their new community. We make this easier with:

No income verification requirements

Flexible payment options

In-person approval
We've been lending specialists for more than 75 years. We'll make sure you always get the best mortgage.

Expertise to craft custom solutions for unique needs

Local, in-house decision making

As little as a 5% down payment and up to 25 years to repay
Borrowing
Get the funds you need to consolidate your debt, contribute to your RRSP, or make a large purchase.

Competitive interest rates

Flexible repayment plans

No pre-payment penalties
Get the right amount of money at the right time with a pre-approved credit limit.

Competitive interest rates

Get approved once, access funds as you need

Only pay interest on the funds you use
Credit Cards
Our most prestigious card offering elite-level privileges, unique benefits, and exceptional service wherever you go.

Covering everything from baggage loss to emergency healthcare, this one card lets you rest easy when you’re on the go.

Shop in the U.S. and skip the exchange fees. No foreign transaction fees mean even more savings on everything you buy.

A no frills card that gives you a low annual fee, low interest rate, and essential purchase protection.

Earn reward points while enjoying a low interest rate on purchases and cash advances.

Make everyday buying a bit more rewarding! Earn cash rewards on everyday purchases.
Insurance
Make sure your family is taken care of in case of death, disability, or critical illness.

Protect your estate from taxes

Replace lost income, preserve or supplement retirement savings

Cover funeral costs, mortgage repayment, and children’s tuition
Cover loan payments in case of the unexpected. Coverage options include: life, disability, critical illness, or loss of employment.

Protect your assets

Safeguard your savings

Maintain current credit score
Protect your biggest investment; your home! Coverage options include: life, disability, critical illness, or loss of employment.

Enrolling is easy and arranged at the time of your mortgage application

Flexible payment options
Safeguard your home from theft and other unforeseen events.

No premium increases for client‐paid claims

Claim counselling service for all your questions

Easily manage your policies online
Enjoy your trip worry-free with coverage for missed flights, trip cancellations, lost luggage, and hospital visits.

Up to $10 million coverage for emergency hospital visits or medical care

Multi-trip plan insurance for those who travel multiple times a year

24/7 access to multi-lingual emergency travel assistance

November 13 , 2020

Email Notifications

Starting in November, SCU will start sending monthly email notifications advising online banking members that their account statements have been posted and are ready to view.

Debit cards at Verifone POS terminals

Please be advised that some members may have their credit or debit card declined when making purchases at some point of sale terminals. This issue is affecting multiple financial institutions, and is a result of an issue with the merchant's point of sale terminal, not the debit card itself. If you experience an issue with your card, you can:
* Pay through contactless transaction, splitting your transaction in two if necessary
* Enable Google Pay, Samsung Pay, or Apple Pay on your mobile phone.

Learn more about this issue on the Interac website.

Online Investing

Do-it-yourself investing made easy with Qtrade Investor and VirtualWealth^®. Whether you’re an expert trader or just starting out, we have the tools and resources you need to reach your investment goals.

Qtrade Investor Online Brokerage*

Best for members who want to build their own investment portfolio and execute trades themselves. Qtrade Investor gives you the account options, investment choices, and research tools you need to build a custom investment portfolio.

Select the best investments and make trades on your desktop or mobile device.

$8.75 stock trades for all investors
$6.95 stock trades for active traders
100 commission-free ETFs

VirtualWealthAutomated Online Investing

Best for members who want the simplicity and the convenience of an online platform, with a professionally managed portfolio.

VirtualWealth couples intelligent software with professional money managers to make sure you get the best mix of investments to reach your financial goals. Simply answer a few quick questions about your objectives and risk tolerance and get:

A professionally managed portfolio with automatic rebalancing
A diversified and low-cost portfolio
Fast, friendly, and knowledgeable customer support

*Online brokerage services are offered through Qtrade Investor, a division of Credential Qtrade Securities Inc.
®VirtualWealth is a trade name of Credential Qtrade Securities Inc.