On Monday, September 27, 2021, the lobby at Detroit’s Main Branch will be closed for maintenance repairs. The Detroit Drive Thru along with all other branch locations will remain open.

Everything You Want

to Know About DMCU.

What Is it People Love About Being a Member of DMCU?

There are so many advantages to belonging to a credit union, and especially to Diversified Members Credit Union in Michigan. A credit union offers you so much more than a bank can. Plus, you don’t have to put up with all the fees and other distasteful parts of dealing with a bank.

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Credit Union vs. Bank

What’s important to understand about a credit union is that it is just that: a union of members. A bank is a for-profit business run by a board of directors. Its goal is to make money for its investors, which it often does by charging steep fees for services and setting high interest rates on loans. A credit union is a not-for-profit organization that returns any earnings to its membership in the form of lower-cost or better services.

As a membership-based, not-for-profit organization, credit unions are governed by their members who vote on policies and procedures. You decide how you want your credit union to be run.

Interest Rates & Fees

When you compare interest rates for a savings or checking account at a credit union with those at a bank, you will generally find a credit union offers higher rates. When you borrow money to buy a car, home or fund another venture, your interest rate on your loan will likely be lower at a credit union.

Furthermore, most fees are lower as well. Banks may charge high fees for simple services like getting a cashier’s check or signing up for overdraft protection — services that credit unions may provide free or for only a nominal price.

Better Customer Service

Credit unions are also known to provide superior customer service compared to banks. Banks are run by a faceless board that you never get to see or talk to. But credit unions are personal and local. DMCU has branches in Detroit, Clawson and Novi.

Safe & Sound

Rest assured credit unions are just as safe a place to keep your money as a bank — both are insured by the Federal Deposit Insurance Corporation.

You can see the benefits of belonging to DMCU are many, but beyond that we offer special perks for our members. By taking advantage of Love My Credit Union Rewards, credit union members have saved over $2 billion with offers such as the ones listed below.

  • You can save up to $360per year on your wireless bill. Check out the details at org.
  • Get your tax refund quickly and easily — save up to $15on TurboTax.
  • Keep your family safer by saving on a SimpliSafe home security system.
  • Safeguard your identity — save 30% on Financial Lock.
  • Lower the cost of car maintenance by getting $10 off your first service using CarAdvise.
  • Pay less for insurance — get an exclusive discount from the TruStage Home & Auto Insurance Program.

"Life is a matter of choices, and every choice you make makes you."

- Mark Twain

Learn more about how your Diversified Members Credit Union membership gets you all these exclusive savings and more at LoveMyCreditUnion.org. Check them out and start enjoying credit union member benefits you never knew you had.

Contact Us
Contact Us

Call or come visit us at one of our four locations in Detroit, Novi and Clawson.

About Us
About Us

DMCU has been around for almost 90 years! Learn more about who we are and why over 25,000 members have joined the DMCU family.

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