An Executive Reserve Account is a versatile line of credit that offers equal parts protection and convenience. Designed as free coverage for checking overdrafts, it can also be used to quickly obtain cash for any purchase, expense or special occasion.

• If a checking overdraft occurs and you don’t have enough to cover it in your Share Savings, a free transfer can automatically be made from your reserve account
• Minimum loan amount of $500, maximum of $10,000
• Obtain reserve account funds by coming into a Scient service center or through an online banking transfer
• Monthly payment is $20 or 2% of outstanding balance, whichever is greater

Scient FCU is a full-service credit union with branches in Groton, New London and New Haven Connecticut.