Scient Federal Credit Union

Headquarters

60 Colver Avenue
Groton, CT 06340
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 4.08% →
1-Year CD 0.30% 4.71% →
2-Year CD 0.40% 4.73% →
5-Year CD 1.00% 4.75% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 1.93% →

2022 Overview

General Credit Union Information

Scient is an NCUA insured institution located in Groton, CT. It was founded in 1983 and has approximately $318.65 millions in assets.

Who can join?

There are several ways to qualify for membership with Scient Federal Credit Union.

Pharma family connection:

You are eligible to join if:

You currently work for or retired from Pfizer, Inc, or one of its contractors.
You have a family relationship with a member who currently works for or retired from Pfizer, Inc or one of its contractors.
You are the widow of someone who worked for or retired from Pfizer, Inc.
Strategic partner affiliation:

You are eligible to join if:

You currently belong to or join an organization on our strategic partner list.
You have a family relationship with a member who belongs to an organization on our strategic partner list.
Local community connection:

You are eligible to join if you live, work (or regularly conduct business in), worship or attend school in, businesses and other legal entities located in these 12 census tracts in New London, Connecticut (6901, 6902, 6903, 6904, 6905, 6907, 6908, 7022.01, 7022.02, 7023, 7025, 7027)

NCUA Insured Yes / Federally Chartered
Charter Number # # 24029
Date Established 1983
Assets $318.65 million
Loans $272.48 million
Deposits $284.52 million
Capital $29.10 million
 

Field of Membership Restrictions

Membership is open to those who live, work, regularly conduct business in, worship or attend school in Groton or New London, CT. (Membership requirements are listed in the credit union's online application)

Deposit Rates - December 4, 2022

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
24 Mo CD
0.40% $10,000 $14,999 Learn More
24 Mo CD
0.40% $100,000 $199,999 Learn More
36 Mo CD
0.70% $10,000 $14,999 Learn More
36 Mo CD
0.70% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - December 4, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for SCIENT

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
5.707% 5.625% 0.88 $2,260 $1,440 Learn More
Eligibility.org
NMLS ID: 1907
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
6.490 %
After Intro: 7.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
6.240 %
$0 Learn More
More Info

Note to SCIENT
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Scient branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Scient Locations



Climate Initiatives

SCIENT is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Scient Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Scient. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Scient U.S. Average
5.52% 4.24

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2022, Scient had $1,633,670 in non-current loans and $40,304 in owned assets. To cover these potential losses it had $29,099,838 in net worth and $1,242,700 in loans loss reserves. That gives it a Texas Ratio of 5.52%.

Net Worth
Scient U.S. Average
9.13% 12.40%

Scient FCU has a net worth of 9.13% versus the BestCashCow average of 12.40. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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