The key to any investment strategy lies in finding investments that offer a good rate of return with little or no risk. At DCECU, we have an investment that fits the bill. Our High Yield Deposit Account is perfect for members who want a safe investment with higher earnings than regular share accounts and greater liquidity than CDs. Click here for our current rates.

The minimum balance for the High Yield Account is $2,500. If the balance falls below this at anytime, 0% interest will be earned until the minimum balance is once again attained. For any transactions involved with the High Yield Account, a minimum $500 amount is required. This means that any withdrawal or deposit has to be at least $500 or more. Withdrawals are limited to 3 per month. Unlimited deposits of $500 or more are allowed. There is no penalty for closing a High Yield Account, however, you must wait six months before re-opening.

Unlike our regular Share Accounts, you will earn daily interest, not dividends, which gives you the advantage of knowing your investment rate. Your account will earn interest as long as the minimum balance is maintained. The interest paid is calculated on your account balance each day and is compounded quarterly. Interest rates may change from time to time as determined by the Credit Union.

Opening a High Yield account can be initiated via any of the following methods:

• Call our Member Contact Center at (989) or (800) 835-7794 Monday through Friday between 7:00 a.m. and 6:00 p.m. ET.
• Visit our Account Services Department Monday through Friday between 7:30 a.m. and 5:30 p.m. ET
• Print and complete the High Yield Account Application and return it via fax to (989) 832-9283, or mail it to DCECU, PO Box 1649, Midland, MI 48641-1649.

If you have any further comments or questions, please call our Member Contact Center at (989) or (800) 835-7794.

HIGH YIELD ACCOUNT APPLICATION    

To initiate opening a High Yield account, please complete, print and fax this application to 989-832-9283, or mail to DCECU, PO Box 1649, Midland, MI 48641-1649. Depending on the requested set up of the account, additional signatures may be required.

Click here to access the High Yield Account Application
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