Featured Savings Rates
Featured Accounts

Direct Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.35%18-month IRA15 Month IRA
1.25%5-year CD60 Month CD
0.40%SavingsSavings Account

Overview / Commentary
781-455-9922
50 Cabot St
Needham, MA 02494

Direct Federal Credit Union is headquartered in Needham and is the 21st largest credit union in the state of Massachusetts. It is also the 507th largest credit union in the nation. It was established in 1953 and as of March of 2016, it had grown to 50 employees and 23,579 members at 1 location. Direct Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in Norfolk County; or, has an immediate family member who is eligible to join.
See current membership details

Related Posts

Direct FCU (MA) Ups Rate On 15-Month CD and Jumbo CD - 8/25/2015

Direct Federal Credit Union (MA) has raised the rates on 15-month CD (1.50% APY, $500 min) and 15-month Jumbo CD (1.55% APY, $100K min). Also available as an IRA.

Reviews (1)

Maintenance Fees

Posted by: Anonymous | Dec 9, 2010

I have been a customer of Direct Federal for 12 years now, and I have over $50k in deposits there, and have taken multiple loans (car loan, line of credit) with them. These loans have always been paid back in full and on time. Why are they charging me a $5 monthly & maintenance fee!? Irked customer who will move his money elsewhere!



Health
A+

Health Grade Components

Overall
NCUA #9071
Year Chartered1953
Employees50
Primary Regulator
Profit Margin
Return on Assets - YTD0.16%
Return on Equity - YTD1.06%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$493.5MM$422.6MM
LoansQ1 2016vs Q1 2015$425.6MM$358.9MM
DepositsQ1 2016vs Q1 2015$398.6MM$349.7MM
Equity CapitalQ1 2016vs Q1 2015$72.5MM$70.0MM
Loan Loss AllowanceQ1 2016vs Q1 2015$4.0MM$5.7MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$1.5MM$2.5MM
Real Estate OwnedQ1 2016vs Q1 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Direct Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$75k*-Savings Account
OTHER TIERS: 0.15% Up to $25k | 0.30% $25k - $75k

Direct Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$75k*-Save Smart Money Market Account
OTHER TIERS: 0.15% Up to $25k | 0.30% $25k - $75k

Direct Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$100k-60 Month Jumbo CD
1.25%$250-60 Month CD
1.20%$100k-48 Month Jumbo CD
1.15%$250-48 Month CD
1.05%$100k-36 Month Jumbo CD
1.05%$100k-30 Month Jumbo CD Special
1.00%$250-36 Month CD
1.00%$250-30 Month CD Special
0.80%$100k-24 Month Jumbo CD
0.75%$250-24 Month CD
0.45%$100k-21 Month Jumbo CD
0.45%$100k-18 Month Jumbo CD Special
0.40%$100k-12 Month Jumbo CD
0.40%$250-21 Month CD
0.40%$100k-9 Month Jumbo CD Special
0.40%$100k-15 Month Jumbo CD Special
0.40%$250-18 Month CD Special
0.35%$250-12 Month CD
0.35%$250-9 Month CD Special
0.35%$250-15 Month CD Special
0.30%$100k-3 Month Jumbo CD
0.30%$100k-6 Month Jumbo CD
0.30%$100k-7 Month Jumbo CD
0.25%$250-3 Month CD
0.25%$250-6 Month CD
0.25%$250-7 Month CD

Direct Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$100k-60 Month Jumbo IRA
1.25%$250$100k60 Month IRA
1.20%$100k-48 Month Jumbo IRA
1.15%$250$100k48 Month IRA
1.05%$100k-30 Month Jumbo IRA
1.05%$100k-36 Month Jumbo IRA
1.00%$250$100k30 Month IRA
1.00%$250$100k36 Month IRA
0.80%$100k-24 Month Jumbo IRA
0.75%$250$100k24 Month IRA
0.45%$100k-18 Month Jumbo IRA
0.45%$100k-21 Month Jumbo IRA
0.40%$250$100k18 Month IRA
0.40%$100k-9 Month Jumbo IRA
0.40%$100k-12 Month Jumbo IRA
0.40%$100k-15 Month Jumbo IRA
0.40%$250-21 Month IRA
0.35%$250$100k9 Month IRA
0.35%$250$100k12 Month IRA
0.35%$250$100k15 Month IRA
0.30%$100k-3 Month Jumbo IRA
0.30%$100k-6 Month Jumbo IRA
0.25%$250$100k3 Month IRA
0.25%$250$100k6 Month IRA
Locations


Direct Federal Credit Union Locations
Branch Office50 Cabot StNeedham, MA 02494