A $5 minimum deposit is required for membership. Shipbuilders Credit Union offers different types of deposit options. Your need to access your funds and how much you wish to deposit determines the type of account you will want to open.

NOTE: Your funds are federally insured to at least $250,000 by the NCUA, National Credit Union Administration.

Money Market

Use Shipbuilders Credit Union’s money market fund for high deposits and easy access. You can make withdrawals and deposits for any amount, anytime you wish.

Click on this link for current rates!

Club Accounts

Unlike other signature “Christmas Club” accounts, the Shipbuilders Club Account is universal in that you may treat it as a savings account but then put aside money each payday for not only the holidays but also for any other occasion like a family vacation or a wedding. Also unlike Christmas Club accounts, the Shipbuilders Club Account can be accessed at any time of year, not just before the holidays approach – you pick the date!

Kids & Teen Savings Clubs


Children age 12 years or younger are eligible to open a Junior Sailors Kids account. Junior Sailors receive a savings card that is punched for every $10 deposited into their savings account. They also receive a prize every time they deposit at least $10 into their account (1 prize per visit). Every fully completed punch card ($200) serves as an entry into our year-end grand prize drawing for a gift card.

Plus, the month of your birthday, you’ll receive a birthday card with a special surprise.


In addition to the regular savings account, club thrive features:

  • Checking account – With no check processing fees, unlimited check writing, no minimum balance required, and daily interest is earned on $100 or more and paid monthly. Members 16 and older qualify for FREE checks for a year with Online Banking, AND you’ll receive an ATM/Debit Card.

  • FREE Online Banking – You can access your accounts 24 hours a day, 7 days a week, from the comfort of your home, school, or anywhere you have internet access! You can check your account balances or transfer funds between accounts with just a click of a mouse! We also offer Online Bill Pay, E-statements and a Mobile Banking app.

  • Teen CD – Earn 10% APY**! For ages 12 to 18, with an $100 initial deposit and the ability to make additional deposits quarterly to a maximum of $1000.

  • Visa Classic Credit Card – Take advantage of the convenience of making purchases with this low interest credit card and start building your credit history.

  • Your First Auto Loan – Shipbuilders Credit Union wants to help you get into the driver’s seat of your very first vehicle. Receive 1/2% off the interest rate on your first auto loan with SCU! 

Members 13 – 18 years of age qualify. Checks free for the first year and thereafter standard pricing applies. Half percent off current auto loan rate. If under 18, parent or guardian signature required. Rate based upon normal credit standards. Must be a member of club thrive to receive discount. Club thrive members will be moved into standard share account on 19th birthday and thrive account will be closed. **APY signifies Annual Percentage Yield. Certificate restrictions are as follows: must be between ages 12 up to 18. Upon initial deposit of $100 in minor’s account, parent/guardian must maintain a share draft account with direct deposit. Additional deposits to certificate can be made at a minimum of $25 to a maximum of $100 per calendar quarter. For Teen CD, when a $1,000 balance is attained via either deposit and/or interest earnings, deposits will no longer be allowed. Upon reaching the age of 18, balance of certificate will also transfer to the minor’s savings account. Early withdrawal penalties may apply. Other restrictions do apply.