Fixed Deposits

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.