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  Digital Federal Credit Union Money Market Account

Digital Federal Credit Union Money Market Account

in Money Market Accounts from Digital Federal Credit Union · ncua

Unaffiliated

Digital Federal Credit Union Money Market Account

Unaffiliated

in Money Market Accounts from Digital Federal Credit Union · Insured by NCUA

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Highlights
APY (Annual Percentage Yield) 0.2% - 0.3%
APY Minimum Balance $1,000
Minimum Opening Deposit Starting at $0

Digital Federal Credit Union Money Market Account Review

Digital Federal Credit Union Money Market Account is offered by Digital Federal Credit Union, a credit union founded in 1979 and based in Marlborough, MA. Digital Federal Credit Union Money Market Account is available in 50 states (and Washington, DC).

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 0.3%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $1000.
  • $0 monthly fee. This account does not charge a monthly Service Charge.
  • No minimum initial deposit. There is no minimum balance required to open an account.
Pros & Cons of Digital Federal Credit Union Money Market Account
Pros Cons
  • Available in all 50 states.
  • Generous dividends.
  • Does not offer mobile check deposits.
  • Insured by NCUA.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not provide a debit card.
  • Not FDIC-insured.
Digital Federal Credit Union Money Market Account FAQ

Are money market accounts from Digital Federal Credit Union federally insured?

Yes, your Digital Federal Credit Union money market accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What are the dividends for DCU money market rates?

DCU money market offers an APY starting at 0.2% and ranging up to 0.3% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1000.

DCU money market Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.2% - 0.3%

What are the fees for Digital Federal Credit Union Money Market Account?

Digital Federal Credit Union Money Market Account does not charge a monthly maintenance fee.

Digital Federal Credit Union Money Market Account Fees
Fees Amount
Monthly Fee $0
Paper Statement Fee N/A
Excess Transaction Fee $0

What is the minimum balance for DCU money market?

No minimum initial deposit. Digital Federal Credit Union does not require a minimum initial deposit to open an account.

Interest rate minimum balance of $1,000. You must keep the account balance above $1,000 to earn interest.

What features and perks does DCU money market offer?

This account includes the following features:

  • Fraud monitoring - Digital Federal Credit Union monitors transactions for potentially fraudulent activity.

What is the customer service phone number?

The customer service number for this business card is (800) 328-8797.

What is the support contact email?

The support contact email for this business credit card is dcu@dcu.org.

How to open an account with Digital Federal Credit Union

  • Visit the Digital Federal Credit Union website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

APY Minimum Balance $1,000
Minimum Balance to Avoid Monthly Fee Starting at $0
Minimum Opening Deposit Starting at $0
Monthly Fee $0
Account Features
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Fraud Monitoring
  • Fraud Protection
  • Insured by NCUA
APY (Annual Percentage Yield) 0.2% - 0.3%
Dividend Rate 0.2% - 0.3%

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