Scott Associates Credit Union

What Scott Associates Credit Union does

Scott Associates Credit Union (SACU) is a federally chartered, member-owned financial cooperative founded in 1967 and headquartered in Marysville, Ohio. It serves individual consumer members in the Marysville, Ohio area through a single branch office, offering core deposit products (checking, savings, share certificates with 6- to 60-month terms, and IRAs) and a consumer lending suite covering new and used auto loans (4.25% and 5.00% APR respectively), personal loans (8.50% APR), motorcycle, recreational, and share-secured loans. The credit union also issues a MasterCard debit card and a Visa credit card that features a 0% APR 6-month balance transfer promotion.

The institution's technology stack is built on a Blossom-powered website (mysacu.com) with member-facing online banking at my.homecu.net and native iOS and Android applications that include Mobile Remote Deposit Capture, online bill pay, and financial calculators. Card management is delivered through the CardValet app (replacing the prior My Mobile Money tool), and credit card servicing is provided via EzCardInfo. The credit union extends its physical reach through two surcharge-free ATM network partnerships: MoneyPass (over 32,000 fee-free ATMs nationally) and Alliance One.

SACU generates revenue primarily through net interest income on its loan portfolio and share certificate/savings deposits, supplemented by transactional fees (overdraft, ATM, wire transfers). As a non-profit cooperative, surplus is returned to members in the form of competitive rates and lower fees rather than distributed to shareholders. Go-to-market is community-led: SACU relies on local word-of-mouth, community partnerships (e.g., Columbus Zoo and Zoombezi Bay ticket access), and digital channels to grow membership, with no enterprise or commercial lending segment disclosed.

Name

Scott Associates Credit Union

Legal name

Scott Associates Credit Union Inc

Website

https://mysacu.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

11–50 employees

Short description

Scott Associates Credit Union is a federally chartered, member-owned credit union in Marysville, Ohio, founded in 1967, offering consumer checking, savings, IRAs, auto and personal loans, and Visa/MasterCard products through a single branch and digital banking channels.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Credit Unions (522130)

SIC

Savings Institution, Federally Chartered (6035), Federal & Federally-Sponsored Credit Agencies (6111), Personal Credit Institutions (6141)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industries

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Retail banking services
• Consumer lending
• Credit union services
• Deposit accounts
• Auto loan financing

Headquarters

HQ city

Marysville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Interest Income on Loans: Primary revenue stream from interest charged on auto loans, personal loans, and credit cards. The credit union offers competitive rates including used autos from 5.00% APR, new autos from 4.25% APR, and personal loans at 8.50% APR.
2. Fee Income: Various fee-based services including overdraft fees, ATM fees (though extensive fee-free ATM networks are offered through MoneyPass and Alliance One), wire transfer fees, and other account service charges.
3. Share Certificate and Savings Deposits: Members deposit funds into share accounts, certificates of deposit, and IRA accounts. The credit union uses these deposits to fund loans to other members, with competitive dividend rates offered on savings.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels3 records

Core offering

Scott Associates Credit Union (SACU) is a member-owned, non-profit financial cooperative providing consumer banking products including deposit accounts (checking, savings, share certificates, and IRAs), consumer loans (auto, personal, motorcycle, recreational/equipment, and share-secured loans), credit and debit cards, insurance products, and digital banking services to its members primarily in the Marysville, Ohio area. The institution was established in 1967 and operates as a community-based credit union serving individual members rather than the general public.

Product overview

Scott Associates Credit Union offers a comprehensive suite of traditional banking products organized around core deposit accounts (checking, savings, certificates, and IRAs) and lending services (auto, personal, motorcycle, and recreational loans). The credit union provides digital banking channels including online and mobile banking with remote deposit capture, complemented by card products (MasterCard debit and Visa credit). Card management is enhanced through CardValet integration. The product architecture follows a platform-plus-add-ons model where core financial products are supplemented by convenience services such as insurance, notary services, and entertainment tickets.

Differentiator

Problem solved

Functional benefit

Products and services

• Savings Accounts Interest-bearing savings deposit accounts offered to SACU members with a competitive annual percentage yield (APY) of 0.15%, accessible to individuals who open and maintain the account.
• Checking Accounts Demand deposit accounts for everyday consumer banking, available to SACU members for managing routine transactions, bill payments, and debit card access.
• Share Certificates of Deposit (CDs) Term deposit products (CDs) offered to SACU members across multiple maturity terms (6, 12, 18, 24, 36, 48, and 60 months) with tiered APYs ranging from 0.85% to 4.07% based on the term selected.
• Individual Retirement Accounts (IRAs) Retirement savings accounts offered to SACU members across various terms (12 months to 5 years) with APYs ranging from 0.85% to 3.63%, designed for individual retirement planning.
• Auto Loans New and used vehicle financing for SACU members with APRs ranging from 4.74% to 5.99% based on creditworthiness and term length (up to 84 months), used to finance the purchase of automobiles.
• Personal Loans Unsecured consumer loans for SACU members with APRs ranging from 9.50% to 17.00% depending on credit tier, used for general personal financing needs.
• Motorcycle Loans Financing for motorcycle purchases offered to SACU members with APRs starting at 5.99%, used to fund the acquisition of new or used motorcycles.
• Recreational & Equipment Loans Financing for recreational vehicles and equipment purchases offered to SACU members with APRs starting at 5.99%, covering items such as boats, RVs, and similar leisure equipment.
• Share/Certificate Secured Loans Member loans secured by funds held in SACU share or certificate accounts, with a fixed APR of 3.50% above the dividend rate of the securing account.
• MasterCard Debit Card MasterCard-branded debit card linked to a member's SACU checking account for everyday point-of-sale purchases and ATM access.
• Visa Credit Card Visa-branded revolving credit card offered to SACU members with APRs ranging from 11.25% to 17.25% based on creditworthiness.
• Insurance Services Insurance products (including auto, home, life, and supplemental coverage) provided through a partnership arrangement, available to SACU members.

Quantifiable outcome

• Refinance savings up to 1.50% on vehicle loans from other institutions
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• MoneyPasscoreTechnology or IntegrationMoneyPass network provides SACU cardholders access to over 32,000 fee-free ATMs across the United States, enhancing member convenience and reducing ATM fees.
• Alliance OnecoreTechnology or IntegrationAlliance One partnership provides surcharge-free ATM access near members, complementing the MoneyPass network for comprehensive ATM coverage.
• CardValetcoreTechnology or IntegrationCardValet app replaces My Mobile Money, offering digital card management allowing members to control and monitor their debit and credit cards for security and convenience.
• Columbus Zoo and Zoombezi BayminorGTM or Marketing PartnerCommunity partnership offering SACU members access to tickets and potentially discounts at Columbus Zoo and Zoombezi Bay.
• WorkdayminorOthersWorkday SSO integration mentioned in footer for employee access to Workday platform.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Regional players

• Connexus Credit Union: Wisconsin-headquartered credit union with national online reach offering deposit accounts, consumer lending, and digital banking — comparable community credit union model with broader geographic footprint.

Broad incumbents

• Alliant Credit Union: Large Illinois-based digital-first credit union offering nationwide membership, high-yield deposits, and consumer loans — illustrates the digital-scale community credit union model SACU competes against.
• Digital Federal Credit Union (DCU): Massachusetts-based federally-chartered credit union offering consumer deposits, lending, and digital banking nationwide — analogous federally chartered community CU with a mature digital channel set.
• Huntington National Bank: Large Ohio-headquartered regional bank offering consumer deposits, auto loans, and digital banking across the same Ohio geography SACU serves — the primary for-profit competitor in SACU's backyard.

Direct peers

• Indiana Members Credit Union: Indiana-based community credit union providing checking, savings, consumer loans, and digital channels to a similar Midwestern member demographic.
• Kemba Financial Credit Union: Ohio-based member-owned credit union offering deposit accounts, consumer loans, mortgages, and digital banking to the central Ohio market — directly comparable community credit union peer.
• Michigan State University Federal Credit Union: Community-chartered credit union offering consumer deposits, auto and personal loans, and digital banking — comparable mid-sized federally-chartered credit union operating in a single regional market.
• Wright-Patt Credit Union: Ohio-headquartered community credit union serving members across Dayton, Columbus, and surrounding areas with checking, savings, lending, and digital banking — directly comparable in geography, member-owned structure, and product mix.
• Advia Credit Union: Midwest community credit union offering consumer loans, deposits, and digital banking to a member base similar in profile to SACU — comparable mid-sized community credit union with similar product breadth.
• Consumers Cooperative Credit Union: Illinois-based community credit union serving a defined member base with checking, savings, consumer loans, and digital banking — comparable Midwestern single-market community credit union.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/scott-associates-credit-union

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scott Associates Credit Union