Service Federal Credit Union Review: Checking, Savings and Certificates

Alice Holbrook
By Alice Holbrook 

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Overall bank rating

Service Credit Union


    NerdWallet rating 
    The bottom line:

    Headquartered in New Hampshire, Service Federal Credit Union offers loans and investment services, as well as a free checking account and competitive rates on certificates. Some perks and accounts are exclusive to members of the military, but credit union membership is open to anyone who joins the American Consumer Council, which costs nothing when using a promo code the credit union provides.

    Best for: Current or former members of the military who want a premium rate on some savings and civilians who want competitive CD and savings rates.

    » Want more options? See NerdWallet's analysis of the best credit unions.


    • Competitive rates on share certificates, savings and money market accounts.
    • Special programs for eligible military and government employees.
    • Participates in shared branching.


    • Overdraft fee is expensive and can be charged up to 12 times per day.


    NerdWallet’s overall ratings for banks and credit unions are weighted averages of several categories: checking, savings, certificates of deposit or credit union share certificates, banking experience and overdraft fees. Factors we consider, depending on the category, include rates and fees, ATM and branch access, account features and limits, user-facing technology, customer service and innovation. The stars represent ratings from poor (one star) to excellent (five stars). Ratings are rounded to the nearest half-star.