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What does SCCU stand for?

SCCU stands for State-Chartered Credit Union

This definition appears frequently and is found in the following Acronym Finder categories:

  • Organizations, NGOs, schools, universities, etc.
  • Business, finance, etc.

See other definitions of SCCU

Other Resources:
We have 20 other meanings of SCCU in our Acronym Attic

Samples in periodicals archive:

Delta Community is a state-chartered credit union organized under the Georgia Department of Banking and Finance, and its deposit accounts are federally insured through the National Credit Union Share Insurance Fund.
Andrew Cuomo signed a bill into law Wednesday that will allow state-chartered credit unions to combine select employer groups, association and community groups into a single field of membership.
And it gives us a stronger lobbying effort both at the state level and the federal level," Kahley said, noting that Texas still has quite a few state-chartered credit unions, something Arkansas hasn't had in more than a decade.
In addition to providing parity for state-chartered credit unions with federal credit unions, it provides significantly stronger privacy provisions for Alaskans and for the first time extends that protection beyond banks to credit unions, trust companies, small loan companies and premium finance companies.
State-chartered credit unions are examined and supervised by state agencies, while federally chartered credit unions are examined and supervised by the National Credit Union Administration (NCUA), an agency of the federal government.