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What does SCCU stand for?

SCCU stands for State-Chartered Credit Union

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

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

See other meanings of SCCU

Other Resources:
We have 20 other definitions for SCCU in our Acronym Attic

Samples in periodicals archive:

The Bay State's largest state-chartered credit union has said its reasons to convert were the flexibility to expand HarborOne's markets and customer base, increase its lending authority, including small business lending, and gain access to additional capital.
And House Bill 2486 would impose a tax on state-chartered credit unions that exceed certain thresholds of government deposits or business loans.
Members may include federally insured depositories-commercial banks, credit unions, industrial loan companies, and savings institutions-as well as insurance companies and community development financial institutions, including privately insured, state-chartered credit unions.
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.