Featured Savings Rates
Featured Accounts

Digital Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.05%SavingsMember Described Accounts
0.80%Money MarketMoney Market Account
0.05%CheckingDividend Checking

Overview / Commentary
508-263-6705
220 Donald Lynch Blvd
Marlborough, MA 01752

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 only the front edge of banking technology and seeks to offer its members highly sophisticated means to manage their accounts.

Field of Membership Restrictions

Anyone can join DCU via membership in an association. Refer to 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.
See current membership details

Related Posts

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Very Nice People, A Happy Customer

Posted by: trudy | Mar 5, 2011

I've been a member of the Digital Federal Credit Union for years.  Their customer service is excellent, whether by phone or email.  They are extremely nice and knowledgeable people.

When I joined originally, it was only open to employees (and their family members) of Digital Equipment Corporation, but now it is accessible to employees (and family members) of many companies and organizations, as listed on their website dcu.org.  They define family widely, including grandparents, grandchildren, etc.

Their rates for CDs are among the best.  Recently, at the beginning of 2011, they have been offering 3% on selected 5 year CDs, at a time when the local banks where I live and the brokerage firm I am a customer of are barely breaking 1% and 2% for those, respectively.  As far as I can tell, their rates for car loans and mortgages are very good as well.

I have my checking account there, at no annual fee, no fee for writing checks, etc. and have had for many years.  Even though I now live in another state, distance has never been a problem with this.  They have an online feature which allows customers to scan in checks for deposit.

Great Credit Union

Posted by: GEO | Jul 18, 2014

I have been with DCU since I was an employee with DEC back in 1994. They have always been ahead of the curve in technology and customer service. The only time I ever had an issue was in 2010 when they started charging Overdraft fees to people who had overdraft protection. (Everyone was doing then.) So many members complained including myself that the fee was pulled in no time. I have had this LTD rate a few times. Its not bad. You have to have 25K so that does not always work for me. I recommend this credit union to everyone. I even have my business checking with them. NO FEEs ever.

DCU is worth it.

The only not so good thing about DCU is their interest rates. Perhaps it is because DCU is non-profit or because they don't charge any fees, but their loan rates are a little higher than those of their competitors. Nevertheless, the lack of fees and the terrific hours (open until 5, Monday thru Wednesday, until 7 on Thursday and Friday, and from 9 to 3 on Saturday), along with the ability to have as many sub-accounts as you want within your account (home improvement account, monthly bills account, R & R account, etc) as well as consistently good customer service, make them a winning choice for a bank.

Terrible Customer Service!

I originally applied for an unsecured credit card back about a year ago and was promptly turned down by one of their "Loan Officers" using the excuse they wanted to see no more accounts applied for (inquiries). I just applied today for a secured credit card and their system instantly approved me for a maximum of 10,000. 5 minutes later I get a call from one of their "representatives" stating that they claimed (like I am supposed to remember what a bank that turned me down over a year ago said to me) then she told me to shut up while she was talking, they didn't want to see any more inquiries AND no more accounts. Then she starts yelling at me like I'm her little son and was mad at me for getting more credit cards (from those companies who wanted to give me a card and not make excuses not to give me a card.) I WOULD NEVER RECOMMEND THIS CREDIT UNION FOR CREDIT, ESPECIALLY when they turned me down and then REVERSED THEIR DECISION AFTER APPROVING ME ONLINE! I tried complaining to a supervisor and they hung up on me! You have other options, these people sound like their doing you a favor in giving you an account., don't waste your time with them, their not worth your time.

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Health
A

Health Grade Components

Overall
NCUA #23521
Year Chartered1979
Employees882
Primary Regulator
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD9.84%
Annual Interest Income$55.6MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$7.14B$6.28B
LoansQ1 2016vs Q1 2015$5.73B$5.05B
DepositsQ1 2016vs Q1 2015$5.74B$5.03B
Equity CapitalQ1 2016vs Q1 2015$631.7MM$556.5MM
Loan Loss AllowanceQ1 2016vs Q1 2015$44.1MM$45.1MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$31.1MM$25.2MM
Real Estate OwnedQ1 2016vs Q1 2015$2.5MM$1.7MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Digital Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%*-$500Primary Savings
OTHER TIERS: 0.05% $500+
0.85%$25k-DCU Ltd Savings
0.20%*$25k*-HSA Checking Account
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $10k | 0.15% $10k - $25k
0.20%--IRA Savings Account
0.20%--Roth IRA Savings
0.20%--SEP IRA Savings
0.20%--Simple IRA Savings
0.05%--Savings Account
0.05%$20-Holiday Club
0.05%$100-Member Described Accounts

Digital Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$100k*-Money Market Account
OTHER TIERS: 0.20% $1k - $10k | 0.35% $10k - $25k | 0.50% $25k - $50k | 0.65% $50k - $100k
0.80%*$100k*-Money Market IRA Account
OTHER TIERS: 0.20% $1k - $10k | 0.35% $10k - $25k | 0.50% $25k - $50k | 0.65% $50k - $100k

Digital Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$400k*-Premier Business Checking
OTHER TIERS: 0.05% $20k - $75k | 0.10% $75k - $150k | 0.15% $150k - $400k
0.05%--Dividend Checking
0.05%--Dividend Checking with Relationship

Digital Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.86%$25k-Jumbo 60 Month Certificate - Relationship Rate
1.75%$500-60 Month Certificate - Relationship Rate
1.75%$100-60 Month Quick Start Certificate - Relationship Rate
1.60%$25k-Jumbo 48 - 59 Month Certificate - Relationship Rate
1.50%$500-48 - 59 Month Certificate - Relationship Rate
1.50%$100-48 - 59 Month Quick Start Certificate - Relationship Rate
1.35%$25k-Jumbo 36 - 47 Month Certificate - Relationship Rate
1.25%$500-36 - 47 Month Certificate - Relationship Rate
1.25%$100-36 - 47 Month Quick Start Certificate - Relationship Rate
1.23%$500-Jumbo 27 Month Jump-Up CD - Relationship Rate
1.13%$500-27 Month Jump-Up CD - Relationship Rate
1.11%$25k-Jumbo 24 - 35 Month Certificate - Relationship Rate
1.00%$500-24 - 35 Month Certificate - Relationship Rate
1.00%$100-24 - 35 Month Quick Start Certificate - Relationship Rate
0.85%$25k-Jumbo 12 - 23 Month Certificate (Add-On) - Relationship Rate
0.75%$500-12 - 23 Month Certificate (Add-On) - Relationship Rate
0.75%$100-12 - 23 Month Quick Start Certificate (Add-On) - Relationship Rate
0.73%$2,501-Jumbo 15 Month Jump-Up CD - Relationship Rate
0.63%$500-15 Month Jump-Up CD - Relationship Rate
0.60%$25k-Jumbo 3 - 5 Month Certificate (Add-On) - Relationship Rate
0.60%$25k-Jumbo 6 - 11 Month Certificate (Add-On) - Relationship Rate
0.50%$500-3 - 5 Month Certificate (Add-On) - Relationship Rate
0.50%$500-6 - 11 Month Certificate (Add-On) - Relationship Rate
0.50%$100-3 - 5 Month Quick Start Certificate (Add-On) - Relationship Rate
0.50%$100-6 - 11 Month Quick Start Certificate (Add-On) - Relationship Rate

Digital Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.86%$500-60 Month IRA Certificate - Relationship Rate
1.60%$500-48 - 59 Month IRA Certificate - Relationship Rate
1.35%$500-36 - 47 Month IRA Certificate - Relationship Rate
1.23%$500-27 Month Jump-Up IRA - Relationship Rate
1.11%$500-24 - 35 Month IRA Certificate - Relationship Rate
0.85%$500-12 - 23 Month IRA Certificate - Relationship Rate
0.73%$500-15 Month Jump-Up IRA - Relationship Rate
0.60%$500-3 - 5 Month IRA Certificate - Relationship Rate
0.60%$500-6 - 11 Month IRA Certificate - Relationship Rate
Locations

Digital Federal Credit Union has 22 locations. Click to view all Digital Federal Credit Union locations.