Grow your savings with higher rates and total confidence.
Tiered dividends
Bigger balances can take your earning power to higher levels.
No time commitment
Start earning money on Day One and make withdrawals as you wish.
Convenient access
Make use of your Money Market funds through special checks, and digital banking tools.
Total security
The National Credit Union Administration insures all deposits up to $250,000.

Put your money in position to work even harder with higher yields.

There are countless saving strategies and investment tools available, but you may prefer to keep it safe and simple. Our Money Markets out-earn traditional savings accounts, provide fast access to funds, and come with assurances that your funds are always secure.
  • Make unlimited deposits.
  • Begin earning dividends on balances of $1,000 or more.
From To Dividend Rate Annual Percentage Yield1
$1,000.00 $9,999.990.05%0.05%
$10,000.00$24,999.990.10%0.10%
$25,000.00$49,999.990.15%0.15%
$50,000.00 $99,999.990.25%0.25%
$100,000.00$249,999.990.50%0.50%
$250,000.00$499,999.991.00%1.00%
$500,000.00$999,999.991.24%1.25%
$1,000,000.00or more2.96%3.00%
Frequently
asked questions
View more
You can open an account by visiting a financial center, calling (800) 845-0432, or online.

To view Checking account options and learn more, click here
To view Savings account options and learn more, click here

Required documents:
  • A valid driver's license or government-issued photo ID
  • U.S. Social Security Number
  • Credit/debit card to fund the account 
You must be a U.S. citizen or a U.S. resident alien.

The following accounts require personal attention, specific documentation and are not opened online: Trust, Individual Retirement Accounts (IRAs), estate accounts, business accounts, teen accounts and Kids Savings accounts. Please visit a financial center for assistance with these accounts. 

 
If you wish to close your account, we ask that you visit a local financial center or Contact Us.

Please be advised, your account cannot be closed if you have an open credit card and/or loan with a balance. If the credit card and/or loan are paid in full, but still open, you will still need to sign documents to close those accounts.

South Carolina Federal designs its products and services to stay one step ahead of members’ needs. If you plan to close your account due to relocation, please keep in mind that we offer 24/7 access to your accounts via Online Banking, Phone Banking, Mobile Banking, Text Banking and mobile apps.
Managing your money made easy.
Simplify money management with flexible checking features that fit your lifestyle.