Business Details
50+ Years
experience
Your Trusted Partner for Community Banking Solutions
SCU Credit Union was formed in 2020 through the merger of Sharon Credit Union and Crescent Credit Union, both established by communities investing in cooperative financial solutions. As a member-owned institution, we prioritize improving financial well-being through competitive rates, low fees, and personalized service. Our offerings include deposit accounts, loans, and cutting-edge banking technology, supported by a team committed to exceptional service.Federally insured by the NCUA up to $250,000, with additional protection from the Massachusetts Credit Union Share Insurance Corporation, we operate under a mission to empower members, strengthen communities, and foster employee growth. With branches across Massachusetts and Rhode Island, we serve diverse communities through inclusive membership criteria and multilingual support.
Services
Banking
Loans
Credit Cards
Business Services
Insurance
Online Banking
Mortgage Financing
Debt Management
Commercial Lending
Financial Education
Details
- Year established: 1956
Highlights and features
- We offer member-owned cooperative banking with personalized financial solutions.
- Our competitive loan rates and low fees benefit both individuals and businesses.
- Multilingual staff ensures accessible, culturally responsive service for diverse members.
- We provide federally insured deposits with additional state-level share protection.
- Community investment initiatives support local growth and financial education programs.
What people say
Excellent service
Friendly staff
Great employees
Personalized experience
Long-term trust
Services
Personal Loans
We offer flexible personal loans with competitive interest rates for various financial needs. Our streamlined application process ensures quick approval for debt consolidation, major purchases, or emergency expenses. Dedicated loan officers help members find optimal repayment terms matching their budget and financial goals.
Mortgage Financing
Our mortgage programs provide affordable home financing options with personalized guidance throughout the process. Experienced loan officers assist with purchase mortgages, refinancing, and home equity solutions. We offer competitive rates and down payment assistance programs for first-time homebuyers in our service area.
Business Banking
We deliver tailored financial solutions for businesses including commercial loans, business checking accounts, and merchant services. Our relationship-based approach supports local entrepreneurs with credit lines, equipment financing, and cash management tools. Dedicated business bankers provide industry-specific expertise for companies at all growth stages.
Online Banking
Our secure online platform enables 24/7 account access with features like mobile check deposit and bill payment. Real-time alerts and budgeting tools help members manage finances conveniently. The user-friendly interface works seamlessly across devices for account monitoring and transaction capabilities anytime, anywhere.
Financial Education
We provide free financial literacy resources including debt counseling and credit report reviews. Educational workshops cover budgeting, saving strategies, and responsible borrowing practices. Our goal empowers members to make informed financial decisions through personalized guidance and self-service learning materials.
People
Glenn Parsons
President & CEO
Leading SCU Credit Union with over 25 years of financial services experience, Glenn Parsons drives strategic growth while maintaining member-focused values. He champions community development initiatives and technological innovation in financial services delivery across the credit union's expanding footprint.
Kevin Brower
Chief Commercial & Consumer Officer
Kevin Brower oversees consumer and commercial banking operations, bringing extensive expertise in financial product development. He focuses on expanding service offerings while ensuring exceptional member experiences through innovative delivery channels and relationship-based banking approaches.
Jeremy Parker
Chief Financial Officer
Jeremy Parker manages financial strategy and reporting with a decade of credit union leadership experience. He ensures fiscal stability through prudent risk management and strategic resource allocation while maintaining regulatory compliance and operational transparency.
Darlene Silva
Senior Vice President, Human Resources
Darlene Silva leads talent development initiatives, fostering a culture aligned with the credit union's core values. With 20+ years in HR leadership, she implements programs that enhance employee engagement, diversity, and professional growth across all organizational levels.
Howard Spiller
Chairman of the Board
Howard Spiller provides governance leadership as Board Chairman, drawing on deep community banking insights. He guides strategic oversight while ensuring adherence to the credit union's mission of member financial empowerment and community reinvestment commitments.
Questions
How can I become a member of SCU Credit Union?
Membership requires living, working, or studying in specific Massachusetts and Rhode Island counties, or having family connections to existing members. Visit our website to check eligibility and open an account with a $5 minimum deposit.
What loan options are available for first-time homebuyers?
We offer competitive mortgage programs with down payment assistance options for first-time homebuyers. Our loan officers provide personalized guidance through the application process and help identify suitable financing solutions based on individual financial situations.
How does the credit union ensure deposit safety?
Deposits receive federal insurance up to $250,000 through the NCUA, with additional protection from the Massachusetts Credit Union Share Insurance Corporation for amounts exceeding federal limits, ensuring comprehensive deposit security.
Can businesses access specialized financial services?
Businesses gain access to commercial loans, merchant processing, and dedicated checking accounts. Our relationship managers create customized financial strategies supporting local companies' growth and operational needs across various industries.
What digital banking features are available?
Our online platform provides mobile check deposit, bill payment, account alerts, and budgeting tools accessible 24/7. The mobile app enables convenient banking from any device, with security features protecting account information during transactions.
How does the credit union support community development?
We invest in local communities through financial education programs, youth initiatives with Boys & Girls Clubs, and small business lending. Our mission emphasizes financial empowerment and reinvestment in the neighborhoods we serve.
