Would you like to earn more interest? Then a Premium High Yield Account might be right for you. Our new Premium High Yield Account offers you both high rates and flexibility. The rates are based on account balance, so the more you save, the more you earn!

DCECU’s Premium High Yield Account allows you to earn a highly competitive yield with a minimum daily balance of just $10,000. If the balance falls below this at anytime, 0% interest will be earned until the minimum balance is once again attained. When your account reaches $50,000, $100,000 or $150,000 the interest rate you earn will increase. If your balance drops back down, your rate will decrease. For any transactions involved with the Premium 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 Premium 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 Premium High Yield Account can be initiated via any of the following methods:

• Call our Member Contact Center at (989) 835-7794 or (800) 835-7794 Monday through Friday between 7:00 a.m. and 6:00 p.m. EST.
• Visit our Account Services Department Monday through Friday between 7:30 a.m. and 5:30 p.m. EST
• Print and complete the Premium 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.