Digital Federal Credit Union (DCU)
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.28% | 5-year CD | 2.27% - National Average |
| 1.87% | 1-year CD | 1.38% - National Average |
| 0.25% | Savings | 0.26% - National Average |
Digital Credit Union serves hundreds of companies and organizations, as well as hundreds of thousands of members and their families in every state of the country. Measured by assets, it is the largest credit union in Massachusetts and one of the largest nationwide. DCU offers its members products and services for personal and commercial banking, asset management, insurance, and realty.
On its personal banking side, Digital Credit Union provides savings accounts, checking accounts, money market accounts, and Certificate accounts. Checking accounts come with a Visa debit card, ATM access, non-DCU ATM reimbursement, free checks, and direct deposit. DCU’s savings and money market accounts offer interest when certain conditions are met, including a minimum account balance. Certificate accounts are offered in term lengths ranging from 3 to 60 months and usually offer higher than average interest rates.
Digital Credit Union online banking gives members easy access to all of their accounts and provides the ability to file important documents related to their accounts. The web platform also provides check imaging and is connected to Quicken to help members with their budgeting process. DCU also provides mobile banking through a free smartphone app from which members can access and manage their accounts and perform remote deposits.
Digital Equipment Corporation, a computer company trying to grow its list of employee benefits, originally organized digital Credit Union in 1979. The credit union has since expanded its membership base while keeping “Digital” in its name to honor its heritage from DEC. It is on the front edge of banking technology and seeks to offer its members highly sophisticated means to manage their accounts.
Field of Membership Restrictions
Membership in DCU is open to anyone through membership in Reach Out for Schools ($10 fee), Merrimack River Watershed Council, Inc. ($35 fee) and other select organizations. Membership is also open to those who live, work, attend school or worship in Lowell and Worcester, Massachusetts, in Cumming, Norcross, or Gainesville, Georgia and select areas of Chelmsford and Tewksbury, Massachusetts; to employees of CET Technology, Insulet Corporation, and over 500 Select Employer Groups.
See current membership details
Related Posts
11/19 - Special 8-Month CD Rate at Digital Federal Credit Union - Easy Membership
8/2/11 - DCU One Year 1.36% APY CD, $25K+, With Unlimited Add-Ons
1/24/11 - Top CD Rates Continue at Digital Credit Union in MA - Easy Membership
8/5/10 - Competitive CD Rates at Digital Credit Union in MA, GA & CO - Easy Membership
3/14/10 - Free FICO Credit Scores at Digital Credit Union - Easy Membership
2/10/10 - Special 14-Month CD at Digital Credit Union in MA, CO & GA - Easy Membership
10/8/09 - 2.00% 9-Month CD at Digital Credit Union - Easy Membership
1/5/09 - 3.75% 11-Month CD & 3.25% 4-Month CD at Digital Credit Union - Easy Membership
12/24/08 - 4.50% 16-Month / 4.00% 8-Month CD at Digital Credit Union - Easy Membership
8/5/08 - 4.50% 20-Month CD at Digital Credit Union - Easy Membership
6/23/08 - 4.00% 15-Month CD at Digital Credit Union - Easy Membership
11/27/07 - 5.20% 5-Month CD at Digital Credit Union - Easy Membership
12/2/06 - DCU's 6% 16-Month CD Ends, Offers New CD Specials and Rates
11/3/06 - 6.00% 16-Month CD at DCU Still Available To All
7/26/06 - 6.00% 16-Month CD at Digital CU (Open to All)
6/26/06 - 5.50% 11-Month CD at Digital Credit Union (open to all)
12/12/05 - DCU's 5% 16-Month CD Special is Back
8/18/05 - 5% APY 16-Month CD at Credit Union
Exceptional Service; Long-Time Customer
I have been a customer for 10+ years. The experience over the years has been exemplary. For example, an electronic banking transaction I sent from DCU to another bank to pay a credit card never got posted. I called the DCU, and they assured me it was processed. 15-min later called the second bank. They explained, in an annoyed manner, that the DCU had already called them and confirmed that the DCU sent the payment. The second bank sheepishly acknowledged they had made a mistake and it was fixed. They have a very wide range of accounts and services including special accounts for your children. They offer high-rate/high-balance special savings accounts etc. Couldn't be more pleased with the service.
Dcu banking
DCU is local around my city and it is a great bank! I would recommend it to friends or family. I have had a great experience every time. They have a drive through ATM where you can make deposits into your savings or checking account. You can also deposit a check when you go through the drive through ATM as well as take out money from your checking or savings account. I feel as if it is very secure with a camera on the drive through. I have also had a good experience going inside the bank and their hours are great. There are days where they are open later so you can go after work. I have called DCU and had no problem talking to anyone and I LOVE their mobile banking app. It had never gave me an issue. The only thing I do not like it the over draft fee is $30 but compared to other banks that is half of what other banks charge when you over draft. I stated before highly recommend DCU!
Frozen Membership Was Hard To Deal With
I opened a membership with DCU, and after my membership had been open for a month, my account was frozen. The experience of getting my account unlocked was pretty bad - I was treated like I was a criminal because they suspected my account was fraudulent, and they weren't really interested in helping me prove that I wasn't.
Great local credit union.
This is a great local credit union. I have been a member for over 10 years and have not experienced any issues. Their online banking is great and their website interface is really user friendly. I have savings accounts, checking accounts, money market accounts and a CD with them and have never run into any problems. I have set up both a checking account and money market account with them all online and they are in your online account access immediately so you can access them right away. Their rates for the money market account are better than you would find with a bank. They have several branches where I am located as well as ATMs that are free to use. I would highly recommend them to anyone looking to switch.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 23521 |
| Year Chartered | 1979 |
| Employees | 1222 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.76% |
| Return on Equity - YTD | 7.65% |
| Annual Interest Income | $331.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $8.53B$8.27B |
| Loans | Q4 2018vs Q4 2017 | $7.23B$6.48B |
| Deposits | Q4 2018vs Q4 2017 | $7.05B$6.76B |
| Equity Capital | Q4 2018vs Q4 2017 | $843.3MM$778.1MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $87.3MM$63.5MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $63.0MM$47.5MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $317.00K$1.1MM |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
6.17% APY On The First $1000.00
Always verify rates and promotions with the bank or credit union. We are not Digital Federal Credit Union (DCU); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Digital Federal Credit Union (DCU) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 6.17%* | $5 | $1k | Primary Savings | ||
| OTHER TIERS: 0.25% → $1k+ | |||||
| 6.17%* | $5 | $1k | Business Primary Savings | ||
| OTHER TIERS: 0.25% → $1k+ | |||||
| 1.92% | $25k | - | DCU Ltd Savings | ||
| 1.92% | $25k | - | Business DCU Ltd Savings Account | ||
| 0.45%* | $100k* | - | HSA Checking Account | ||
| OTHER TIERS: 0.20% → Up to $1k | 0.25% → $1k - $10k | 0.30% → $10k - $25k | 0.35% → $25k - $50k | 0.40% → $50k - $100k | |||||
| 0.40% | - | - | IRA Savings Account | ||
| 0.25% | $20 | - | Holiday Club | ||
| 0.25% | $100 | - | Member Described Savings Account | ||
| 0.25% | $100 | - | Business Member Described Savings Account | ||
Digital Federal Credit Union (DCU) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.77%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 1.56% → $1k - $25k | 1.66% → $25k - $100k | |||||
| 1.77%* | $100k* | - | Money Market IRA Account | ||
| OTHER TIERS: 1.56% → $1k - $25k | 1.66% → $25k - $100k | |||||
| 1.77%* | $100k* | - | Business Money Market Savings Account | ||
| OTHER TIERS: 1.56% → $1k - $25k | 1.66% → $25k - $100k | |||||
Digital Federal Credit Union (DCU) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $400k* | - | Business Premier Checking | ||
| OTHER TIERS: 0.05% → $20k - $75k | 0.10% → $75k - $150k | 0.15% → $150k - $400k | |||||
| 0.05% | - | - | Dividend Checking | ||
Digital Federal Credit Union (DCU) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.38% | $25k | - | 60 Month Jumbo CD | |
| 2.28% | $25k | - | 48 - 59 Month Jumbo CD | |
| 2.28% | $500 | - | 60 Month CD | |
| 2.28% | $100 | - | 60 Month QuickStart CD | |
| 2.17% | $25k | - | 36 - 47 Month Jumbo CD | |
| 2.17% | $500 | - | 48 - 59 Month CD | |
| 2.17% | $100 | - | 48 - 59 Month QuickStart CD | |
| 2.12% | $25k | - | 27 Month Jump-Up Jumbo CD | |
| 2.07% | $25k | - | 24 - 35 Month Jumbo CD | |
| 2.07% | $500 | - | 36 - 47 Month CD | |
| 2.07% | $100 | - | 36 - 47 Month QuickStart CD | |
| 2.02% | $500 | - | 27 Month Jump-Up CD | |
| 2.02% | $25k | - | 15 Month Jump-Up Jumbo CD | |
| 1.97% | $25k | - | 12 - 23 Month Jumbo CD (12 Month Add-on permitted) | |
| 1.97% | $500 | - | 24 - 35 Month CD | |
| 1.97% | $100 | - | 24 - 35 Month QuickStart CD | |
| 1.92% | $500 | - | 15 Month Jump-Up CD | |
| 1.87% | $500 | - | 12 - 23 Month CD (12 Month Add-on permitted) | |
| 1.87% | $100 | - | 12 - 23 Month QuickStart CD (12 Month Add-on permitted) | |
| 1.56% | $25k | - | 6 - 11 Month Jumbo CD (w/ Add-on) | |
| 1.46% | $500 | - | 6 - 11 Month CD (w/ Add-on) | |
| 1.46% | $100 | - | 6 - 11 Month QuickStart CD | |
| 1.31% | $25k | - | 3 - 5 Month Jumbo CD (w/ Add-on) | |
| 1.21% | $500 | - | 3 - 5 Month CD (w/ Add-on) | |
| 1.21% | $100 | - | 3 - 5 Month QuickStart CD (w/ Add-on) |
Digital Federal Credit Union (DCU) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.38% | $500 | - | 60 Month IRA | |
| 2.28% | $500 | - | 48 - 59 Month IRA | |
| 2.17% | $500 | - | 36 - 47 Month IRA | |
| 2.12% | $500 | - | 27 Month Jump-Up IRA | |
| 2.07% | $500 | - | 24 - 35 Month IRA | |
| 2.02% | $500 | - | 15 Month Jump-Up IRA | |
| 1.97% | $500 | - | 12 - 23 Month IRA | |
| 1.56% | $500 | - | 6 - 11 Month IRA | |
| 1.31% | $500 | - | 3 - 5 Month IRA |
