SCU has recently introduced fixed deposit facilities for its members.
The current policy is as follows:
- From SCR10,000 up to SCR300,000 @ 2.5% per annum
- Over SCR300,000 up to SCR500,000 @ 3.0% per annum
- Over SCR500,000 @ 3.5% per annum
All fixed deposits have a maturity period of 3 months, meaning interest are payable every 3 months.