Savings
Whatever your dreams may be, we can help you save for them & make them come true.
There are many different ways to save.
Being able to put money aside—for your retirement, for a rainy day, for that much-needed family vacation—is really empowering. DC Credit Union has a range of savings options designed to meet your particular savings needs.
The benefits
When you open a Savings Account with DC Credit Union, you can start making plans for the future and invest in what most matters to you.
Put money aside for a special occasion
Whether it’s a much-needed family vacation, a new home, or emergency expenses, our savings account options give you the freedom to plan for tomorrow.
Earn dividends on your money
The more money you save, the higher your interest rate will be, which means you’ll earn more money in dividends each month. And the best part? You don’t have to do anything special to earn higher dividends. Just keep saving, and we’ll take care of the rest.
Build your retirement savings
Investing in your future has never been easier. Our team of financial experts is dedicated to helping you maximize your retirement savings and achieve your financial goals. With personalized customer service and low fees, you’ll have all the support you need to make the most of your investments.
Reclaim your dreams for the future
Everyday dollar you save is one step closer to the life you want, Whether you’re just starting out in your career or you’ve been working for years, it’s never too late to start saving.
Read what other members love about us
Meet Sherry
Opening up a DC Credit Union Savings account has helped me put aside a small nest egg for retirement, which is absolutely important to me.
Meet Tynice
It was the most amazing experience working with the staff at DC Credit Union. Carla Decker was very available, friendly and informative. She answered any and all of my questions.
Which savings account is right for me?
From traditional savings to high-yield savings accounts, each type of account offers its own set of benefits. Let’s dive in and find the right account that’s perfect for you.
Best if you want: A basic savings account with a low minimum balance
Minimum balance: $5 to avoid fees
Best if you want: A way to build money management habits that will serve you a lifetime.
Minimum balance: $5
Best if you want: An account to help you set aside money for a specific goal.
Minimum balance: $0
Best if you want: A way to save long-term, earning higher dividends without immediate access to your funds.
Minimum balance: $100 – $2,000
Best if you want: A savings account with a higher balance that offers both easy access to your funds and higher dividends.
Minimum balance: $2,500 – $10,000
Save for retirement with confidence.
We offer both Traditional and Roth IRAs, IRA Share Certificates, and Regular Share Certificates. All are insured up to $250,000 by the NCUA, and each offers different benefits based on your situation and your goals.
Traditional & Roth IRA Share Accounts
- $100 minimum deposit
- No administrative or maintenance service charges
Traditional & Roth IRA Share Certificates
- $2,000 minimum balance
- Available for terms of 24 months
Regular Share Certificates
Certificates are great low risk way to earn higher interest on your savings over time. Some of the features include:
- $1,000 minimum opening deposit of $1,000 for 12- to 24-month terms, $500 for 36- to 48-month terms
- $500 minimum balance
Earn higher dividends and gain flexibility.
A Money Market account from DC Credit Union combines easy access to your funds with the added bonus of earning higher dividends.
You can choose between two tiers– a $2,500 minimum balance or $10,000 minimum balance– to optimize how your money works for you.
Calculators to help you save more.
Find out how close you are to your goal.
Need help with planning and investing?
Check out our “Save and Plan for the Future” guide for helpful tips about planning for retirement and getting started with investments.
Get the answers you’re looking for.
The Share Savings is your investment in our cooperative. The $5 initial deposit becomes your “share” in the credit union, and gives you the right to vote and/or run for our board of directors, as well as take advantage of all DC Credit Union has to offer.
Yes, it is your money to withdraw as you’d like. But we hope you use these accounts to save for that special vacation or to fund a stress-free holiday, and have structured the accounts to encourage as few withdrawals as possible. If you’re saving for a different reason, talk to us and we’ll help you find an account that is most suited for that.
No. You just need an initial deposit of $5. That’s it.
Not finding what you’re looking for? See all FAQs or contact us
Ready to start saving for your future?
771-333-2038
info@dcreditunion.coop