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More Generous Banking Overview

SCU was founded in 1963 and first established with the vision to support the financial welfare of the Sydney Council employees. As a credit union, it was set up as an alternative to the banks and building societies, offering financial products and services with its members best interests in mind.

Today, SCU (Sydney Credit Union) Is better known for its motto – “More Generous Banking”, which speaks for itself in the way that it actively operates to provide its members with top quality products and services.

All SCU deposits are protected for up to $1 million per individual as part of the Australian Federal Government compensation scheme, free of charge. This means that in the highly unlikely even of SCU falling into difficulty, your money will always be safe, guaranteed.

SCU offer a range of financial products and services, which include Savings Accounts, Personal & Home Loans, insurance, business banking and financial planning.

More Generous Banking Savings Accounts

More Generous Banking offers a wide range of savings accounts designed to suit every saving need. Whether you are looking to deposit a lump sum and want to see it expand through great interest rates; you want to make regular deposits, adding to the pot; you want to benefit from not making withdrawals; or would prefer an instant access account, More Generous Banking savings accounts can help you to achieve your saving goals.

And don't forget, balances of up to $1 million are protected with More Generous Banking through the Australian Government guarantee, so you can relax and let your money grow, while having peace of mind in knowing that your money is in a safe place.
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