CREDIT UNION SAVINGS ACCOUNTS AT DMCU
With just a minimum balance of $5 to open and no monthly maintenance fees, a DMCU credit union savings account is the simple and effective way to save. And, since you’re choosing a credit union, that $5 gets you a share of ownership in your financial institution. Furthermore, as a non-profit organization, our dividend rates are generally much higher than those at your average financial institution.
It’s important to know that most credit unions call the money it pays you for keeping your money on deposit a dividend. The dividend paid to the member is a portion of the credit union’s earnings and are classified as dividends. This is just one of many benefits you receive for being a member at DMCU.
Credit Union Savings Accounts
Effective Date: May 1, 2017
|Account Type||Dividend Rate / APY** / Dividend Paid||Minimum Balance|
|Savings Shares||0.25% / 0.25% / Quarterly||$5.00|
|Sub Savings||0.25% / 0.25% / Quarterly||$0.00|
|Christmas Club||0.35% / 0.35% / October 31st||$0.00|
|My Future Savings||0.40% / 0.40% / Quarterly||$100.00|
To open your DMCU Savings account, visit your nearest DMCU location or
Ask us about opening a credit union checking account as well.