It’s Member Giveback time!

For the 40th consecutive year, DCECU is returning a share of our earnings to our members through our Member Giveback! In those four decades, we’re proud to say we’ve given back approximately $240 million to members.

On December 15, our Board of Directors approved a Member Giveback1 for 2020, which will be deposited to the Share Accounts of members in good standing2 on January 1, 2021.

This includes:

  • A year-end Loan Interest Rebate of 40% of interest paid on rebate-eligible DCECU loans during 2020
  • The Member Saver Reward, which will add 40% to the dividends/interest earned on eligible DCECU shares/deposits in 2020
  • A DCECU Visa® Debit Card Rebate of 0.125% of all net purchase transactions (debits) made during 2020

New for 2020 is that the Visa® Debit Card Rebate has transitioned to a flat-rate percentage on all net purchase transactions (debits) made using a DCECU debit card during the year, regardless of whether the transactions were signature-based or PIN-based. We hope our members enjoy the straightforward simplicity of this modified benefit.

The total dollar amount of the 2020 Member Giveback will be announced in January, after the rebates and rewards have been deposited to members’ accounts.

Read more about the Member Giveback here.

An image banner of a cake with candles burning that spell the number 40, and a caption that says, "Celebrating 40 years of Member Giveback"

  1. While Member Giveback rebates and rewards occur with great regularity, this credit union benefit is not guaranteed. Not all loan and deposit products are eligible for Member Giveback consideration. Some limitations apply. Membership eligibility required. ↩︎

  2. Defined as those members who have at least $5 in their Share Account on December 31, have had no delinquent accounts, have not had adverse collection activities on their accounts and have not had accounts charged off. Members who are in default or who have caused the credit union a loss typically are not eligible for year-end rebates and rewards. ↩︎


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