FAQs

How do I deposit checks online?

Depositing checks online or from your smart phone is available at Security Credit Union. Download the SCU Mobile app for your Android, iPhone, or iPad today to get started.

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How much does it cost to use Online Banking?

Online Banking is a free service that we provide to our members. Manage your accounts from any online computer with Online Banking. This FREE service enables you to review account activity, verify balances, find out what checks have cleared, print copies of checks, request withdrawals, transfer funds within your account or to other member accounts,…

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What is an escrow account?

An escrow account is established to hold money collected by your lender to pay your hazard insurance and property taxes when they become due. Lenders usually require escrow payments every month to ensure they have enough to pay the insurance and taxes for you. This is a way for lenders to make sure these items…

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What is a Mortgage Loan?

Likely the largest debt you’ll ever take on, a mortgage is a loan to finance the purchase of your home. Your home is collateral for the loan, which is also a legal contract you sign to promise that you’ll pay the debt, with interest and other costs, typically over 15 to 30 years. To repay…

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What are my closing costs for my mortgage?

The specific amount of your closing costs will vary. A home loan often involves various fees, such as the appraisal fee, title charges, closing fees, and state or local taxes. You can get an accurate estimate of what your closing costs would be with Security Credit Union by contacting us today at 810-235-2322.

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How can I qualify for a loan?

Loan qualifications differ depending on which loan you are applying for. The best way to find out if you qualify for a loan is to apply. Applying is fast and easy, there is no cost to do so, and a representative will work with you to look for ways to get your loan request approved.

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