Savings
Save for What Matters Most
Whether you're building an emergency fund, saving for a home, planning for retirement, or preparing for life's next adventure, Downriver Community Federal Credit Union offers savings solutions designed to help you move forward with confidence.
Helping People Use Money to Accomplish Great Things!
Since 1942, we've provided members with a safe, secure place to save. Today, we continue that tradition by making it simple to choose the savings account that fits your goals and every stage of life.
Why Save with Downriver Community Federal Credit Union?
- Savings options for every stage of life.
- Simple access to accounts that help you work toward your goals.
- Friendly guidance from people who care about your financial success.
- Federally insured deposits for added peace of mind.
Explore Our Savings Options
Choose from savings accounts designed for everyday saving, youth members, special goals, holiday planning, and higher-balance opportunities. Use the tabs on this page to compare your options and find the account that best fits what you're trying to accomplish.
Need Help Choosing?
Not sure which savings account is right for you? Our team would be happy to review your options and help you take the next step toward your goal.
If you're looking for investment guidance, we can also help schedule an appointment with one of our Investment Partners.
Contact us today or visit any branch to get started.
Your money at Downriver Community Federal Credit Union is federally insured up to at least $250,000 by the National Credit Union Administration (NCUA), an independent agency of the United States Government.
High-Yield Savings
Put Your Savings to Work
When you've worked hard to build your savings, your money should work hard for you. A High-Yield Savings Account helps you earn competitive dividends while keeping your funds available when you need them.
Helping People Use Money to Accomplish Great Things!
Account Features
- Earn competitive dividends on larger savings balances.
- Maintain access to your funds when you need them.
- Interest is calculated using your average monthly balance.
- Dividends are paid monthly.
- A minimum balance of $2,000 is required to earn dividends.
Education Savings Account
Invest in Their Future
Whether they're preparing for college, trade school, or another educational opportunity, an Education Savings Account can help young members build savings for what comes next.
This money market account is designed to encourage children to save for future education expenses while earning a higher dividend rate.
Education Savings Features
- Available for younger members saving for future education expenses.
- Open with an initial deposit of only $100.
- Earns dividends monthly at a rate .50% above the current rate.
- Account matures by age 19.
- Receive a 5% bonus, up to $200, when the matured account is payable to a school.
- The bonus is forfeited if the matured account is not made payable to a school.
- Premature withdrawal results in a penalty and the account cannot be reopened for one year.
- The account penalty is the loss of dividends for the last 90 days.
