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Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.

Featured 2-Year CD Rates

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Featured Accounts
Digital Credit Union1.86%$25k-Jumbo 60 Month Certificate - Relationship Rate
Digital Credit Union1.60%$25k-Jumbo 48 - 59 Month Certificate - Relationship Rate
Digital Credit Union0.85%$25k-Jumbo 12 - 23 Month Certificate (Add-On) - Relationship Rate
Digital Credit Union0.60%$25k-Jumbo 6 - 11 Month Certificate (Add-On) - Relationship Rate
Accounts mentioned in this post. Rates as of August 22, 2014

Top CD Rates Continue at Digital Credit Union in MA - Easy Membership


Digital Credit Union

In the last five months CD rates have continued to fall. For example, last August, I had nine banks and credit unions offering nationally available 5-year CDs with yields of at least 3.00%. Now there's only one on the list with a 3.00% APY, and that requires an active checking account. So it's a nice surprise to see that Digital Credit Union continues to offer the same CD and IRA CD rates as when I posted on these CDs in August.

Below are some of the best CD rates as listed in the DCU's rates page as of 1/24/2011. Note, these require a $25K minimum deposit ($500 for IRA) and the Loyalty Checking Plus relationship.

  • 3.01% APY 5-year CD
  • 2.51% APY 4-year CD
  • 1.51% APY 1-year Add-On CD
  • 1.35% APY 6-month Add-On CD

Without Loyalty Checking Plus relationship you'll earn 0.25% less than the rates shown above. Please refer to DCU's Loyalty Checking page to learn how to qualify for Loyalty Checking Plus.

The CD details are listed at the bottom of the DCU Certificate Application Checklist. The early withdrawal penalty for terms of 3 to 5 years is up to 180 days of dividends on the amount withdrawn.

For more details about other DCU certificates and other DCU perks like the remote deposit feature and free FICO credit scores, please refer to my August DCU review.

Credit Union Membership

Anyone can join DCU via membership in an association. Refer to this credit union page for the list of associations. The least expensive membership is $10 for joining Reach Out for Schools. You can be immediately eligible to join DCU if you live, work, worship or attend school in parts of Georgia and Massachusetts. Refer to the Join DCU page for the full details. I have more details about the application process in my August DCU review.

Credit Union Overview

Branches are located throughout Massachusetts and in Hudson, Merrimack, Manchester and Nashua in New Hampshire, in Colorado Springs, Colorado and in Alpharetta, Georgia. (branches were closed in CO &  GA).

DCU is a large credit union with $3.56 billion in assets. It has an overall health score at of 3 out of 5 with a Texas Ratio of 26.13% (above average) based on September 2010 data. Please refer to our financial overview of Digital Credit Union for more details. DCU is federally insured by the NCUA (Charter # 23521).

Searching for the Best CD Rates

To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of

Edit 1/25/11: Updated branch locations.

  Tags: Digital Credit Union, Massachusetts

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Comment #1 by CU Watcher (anonymous) posted on
CU Watcher
DCU closed their branches in Colorado Springs, CO and Alpharetta, GA during 2010. They have recently opened a new branch in Manchester, NH.

Comment #2 by KenBDG posted on
Thanks. I've updated the post with the latest branch info.