Putting money into savings

Are you a saver – or looking to become more of one? Good news: A typical savings account isn’t your only choice!

Here are a few options that exist right here at DCECU:

  • High-yield savings accounts: These require a higher minimum balance than other savings accounts, but they also carry a higher interest rate, and the rate keeps increasing as your account balance increases. DCECU’s Premium High Yield Deposit Account requires only a $2,500 minimum daily balance, and it’s eligible for our Member Saver Reward!
  • Certificates of Deposit (CDs): These typically require a minimum deposit to start, and the money is put away for a set amount of time. You don’t have access to the money while it’s in a CD, but the CD interest rate is better than what you’d earn with a savings account. DCECU CDs have terms lasting from six months to five years, and the minimum deposit for most of them is $1,000. Many are eligible for our Member Saver Reward.
  • Club Accounts: These are intended to help with saving for holidays, vacations or other scheduled expenses. This helps keep funds earmarked for things for which you’re specifically saving up separate from the rest of your savings. DCECU Club Accounts can be opened with a starting deposit of any amount and are eligible for our Member Saver Reward.

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