2.50% APY* Apply Now. Primary owners of your CSDCU Share Savings Account are member/owners of CSDCU. Digital Credit Union (DCU) / Money Market Accounts. Most of the high value savings products available to all DCU members are available to your business with typically at the same great rates and terms. The difference is that they usually pay higher interest, have higher minimum balance requirements (sometimes $1000-$­2500), and only allow three to six withdrawals per month. Compare Rates Now. Free linked savings account; Online Bill Pay; Mobile banking; Deposit checks from mobile phone; Person-to-Person Payments ; Surcharge-Free ATM Access; Debit card; ATM fee reimbursements; Unlimited check writing; Free or discounted check printing; Monthly eStatements available; See more . You can open an account online, by phone, or by visiting a local branch. EverBank has a special 6-month intro rate of 1.25% for its checking and money market account. The Roth IRA. The two best internet bank deals are at EverBank and at Ally Bank. Our Insured Money Market Accounts (IMMA) makes your money work harder for you. Primary Share Savings Account. SAVINGS, CHECKING, & MONEY MARKET ACCOUNTS EFFECTIVE DATE: 12/08/2020 Account Type PERCENTAGE INTEREST RATE ANNUAL YIELD (APY) Deposit Rate is Fixed or Variable Interest Compounded Interest Credited Minimum Opening Monthly Service Fee Minimum Balance to Avoid a Service Fee Minimum Balance to Earn the Stated APY Share Account 0.15% 0.15% Variable Monthly Monthly $5.00 Blue Savings … MORE WAYS TO SAVE. In performing a straightforward interest calculation, $1,000 that earned 1% interest in one year would yield $1,010 (or .01 *1,000) at the end of the year. Like its checking accounts, DCU bank reviews for savings and money market accounts are generally positive, with all account types receiving an average rank of 4 out of 5 stars. This account earns high tiered dividends, there is no minimum to open, and your money is secured by the NCUA. You earn 6.17% on the first $1,000 in your account — the highest rate we've seen yet. See All Rates. DCU just raised their rate to get some more business I am sure. Interest on Interest . Another thing I love about this DCU account is the free checking, no monthly fee or maintenance charges. They have had a 0.2% rate since 2012. This loan format is supported by a special 3 percent down program, in which borrowers seeking a 1-unit primary residence with a 30-year loan program can take advantage of lender-paid mortgage insurance. Unlike traditional savings accounts, money market accounts often offer a limited check writing capability. 2. DCU has more than $8 billion in assets as well, they strive to provide their customers with the financial services they need. Home > Bank > Checking and Savings > Money Market. For example, DCU's primary savings account pays an unheard of 3.04% interest on the first $500 in the account. Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. This DCU special easily beats the best short-term deals at internet banks. After that, you can open an additional deposit account or add another joint member on your account. They were founded in 1979 they have since expanded its membership base while keeping “Digital” in its name to honor its heritage from DEC. DCU … The ability of an individual to become a member is determined by whether or not he or she has something in common with the other members, such as a familial relation, employment at a company, membership in an association, or residence in a particular geographic area. Savings accounts may also vary by ownership type. View their Membership Requirements. Like other savings accounts, money market accounts with U.S. banks are FDIC insured, and thus also subject to the six withdrawals restriction. Digital Federal Credit Union (DCU) is a credit union based in Marlborough, Massachusetts. The Money Market Savings Account from Digital Credit Union offers a maximum 0.90% APY Rate for balances over $100,000. Availability: Internet bank. Earn higher dividends than a Primary Savings or Checking account, while keeping the freedom to access your funds as needed without fee or penalty. The savings account is compelling if you want to park 1k there. Auto Loans. It’s worth noting that APRs generally shift based on the length of the loan. Reverse Tier Money Max. * Account Type Minimum** APY* Money Market: $2,000: 0.05%: $10,000 : 0.05%: $25,000: 0.10%: $50,000: 0.15%: … ATM card. Written By. The Roth IRA offers tax-free growth when you hold it for at least five years and take distributions after you reach 59½. The DCU Visa Platinum Credit Card charges no fees for cash advances, balance transfers or foreign transactions. A money market account is a type of savings account under Regulation D, although they’re often marketed differently by banks. This rate only applies to balances up to $100K for the checking and $50K for the money market account. Benefits of Money Market. Plenty. A Money Market savings account gives you a higher earning potential than regular savings accounts while still maintaining access to your funds. Supercharge Your Savings! It has over 500,000 members and is among the top 20 credit unions in the U.S.A. Reverse-Tier Money Max Earn Up To. That sums up our higher-yield, fully liquid Money Market Savings Account. This tiered high-yield savings account is perfect to build your nest egg, an emergency fund, save for a down payment for a home, a car, or even a vacation! COVERDELL EDUCATION SAVINGS … Money Max Earn Up To. A money market account is a type of savings account offered by banks and credit unions just like regular savings accounts. DCU’s savings and money market accounts offer interest when certain conditions are met, including a minimum account balance. Enjoy a Great Interest Rate – Start Saving with a Reverse-Tier Money Max Account Today! CSDCU offers 3 rate tiers based on your money market balance. Reg. Go to site More Info. In this … Whether you’re saving for a vacation, car, or new home, Money Max features an interest rate that grows along with your account balance. % APY. At DCU, federally-insured Traditional IRAs are available as IRA Certificates, Money Market IRAs, and Savings IRAs. Ask yourself the following questions to determine the best ways to build your savings: This account has no monthly fees, no minimum to earn interest and a low $5 opening deposit. % View Rates. DCU mortgage rates for fixed-year loans went as low as 4.33 percent for 10-year terms as of 11/15/2018. 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