Bringing DCU to Your Employees
The Best Value in Employee Benefits
Offering membership in Digital Federal Credit Union (DCU) is free and it provides exceptional life-long benefits to your employees and their families.
DCU is a not-for-profit, full-service financial cooperative owned by and operated for our members. DCU was chartered in 1979 to primarily serve employees of Digital Equipment Corporation. Since then, DCU has grown to serve employees of hundreds of firms including Intel Corporation, Welch's, Stratus Computer, NORTEL Networks, Monster.com, Fallon Community Health Plan, and Bose Corporation. With up-to-date technology and around the clock access, DCU serves members in all 50 states. Member participation in our products and services has made DCU one of the nation's largest and fastest growing credit unions.
DCU's vision: "All members achieve their financial goals."
Members come to DCU for a wide variety of savings, loan, and financial products and services. Our philosophy is to provide members with superior value through high dividend rates, low loan rates, convenient terms, and caring professional service.
DCU is governed by a 7-member Board of Directors. These volunteers, elected by the membership, ensure DCU is operated in the best interest of all members.
Unlike major commercial banks, DCU has no stockholders. The members who use our services are our only priority. All credit union earnings are returned to members as dividends on their savings accounts, competitive loan interest rates, member service, or go into required reserves.
Each member's savings is insured to $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency. Individual Retirement Accounts are insured separately up to $250,000 per member.
By serving our members the way they want to be served, we've become one of the 20 largest credit unions in America (as measured by assets) and the largest credit union headquartered in New England. According to Callahan & Associates, a credit union consulting group, of the top 50 largest, DCU has been the fastest growing credit union in America in the last ten years. We have branches in four states, ATMs in five states, and members in every state. Our size gives us the resources to give members services and convenience they want and need delivered with the personal quality service they deserve.
We've won national and local awards for our consumer education programs, our efforts to better serve our members, and our efforts to support the communities we serve.
Credit union membership is one of the most valuable employee benefits you can provide at no cost to you. You'll join a long and growing list of progressive businesses that have made DCU their credit union.
When you offer DCU access to your employees, your company receives...
- A voluntary employee benefit that provides lifetime value for your employees and their families
- No cost to your company
- Free membership materials, educational lunch-time seminars, site visits, and support
- A way to show your employees you care about their financial well-being
DCU is one of the nation's fastest growing credit unions. That's because we provide access to a full and growing range of quality financial products and services including...
- Great Prices – Higher savings rates, lower loan rates, more free services than banks and an ever growing number of electronic services and online access
- Savings Accounts – Checking, Money Market Accounts, Certificates, IRAs and more
- Loans – Visa®, Mortgages, Home Equity Loans, Auto Loans, PC Loans and more
- 24-Hour Access – By Internet, ATM, telephone, and direct deposit
- Caring Service – Our team is dedicated to satisfying our members
- Insurance – A variety of options are available through DCU Financial Insurance Services.
- Investments – Access to low cost online and DCU Financial advice-based planning and investment services.*
- And Much More! – DCU also helps employees do everything from buying a home to financing a car, planning for retirement, financing a college education, and more!
An Association can also offer DCU to their members if it meets the following requirements...
- Have an association office located within 25 miles of a DCU Branch.
- Have elected officials.
- Collect membership dues.
- Provide a copy of bylaws.
- Provide formalized member correspondence (i.e., newsletter, web site, etc.).
For more information, you may call Michael Caissey at 508.263.6421.
Offering DCU service to your employees requires the approval of the National Credit Union Administration (NCUA). We will assist you with the entire application process. To apply for DCU service, your company must...
- Be located within 25 miles of a DCU Branch.
- Submit a Service Request Letter (application) to DCU on company letterhead.
The letter must include the following:
- A request for DCU's service
- The number of employees
- The location of the company
- The number of miles to the nearest DCU Branch
- The type of business
- A statement that the company does not have credit union service
If over 3,000 employees...
- A statement explaining why you would not or could not form a new credit union to serve your employees
Once we receive and approve your letter and application, we complete the NCUA application and forward everything directly to the NCUA. The entire process will be complete within 2 weeks.
Take a look at these sample letters.
- Sample Letter (Groups under 2,999 or fewer employees) – (.pdf format)
- Sample Letter (Groups over 3,000 or more employees) – (.pdf format)
Download Adobe Acrobat to view .pdf files.
For more information, you may call Michael Caissey at 508.263.6421.
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DCU Financial • 220 Donald Lynch Boulevard, Marlborough, MA 01752 • 800.328.8797, ext. 6077 • Email: financial@dcu.org
Visit DCU Financial for more information.
Visit DCU Financial for more information.
