Money Market Accounts

High Rates and Flexibility  |  Rate Tiers   |  Convenient Access

Safety and Security  |  How to Open Your Account

If you're looking for high rates, easy access, and federally-insured security for your savings, DCU's Money Market Account is for you. There's no minimum to open your account and with as little as $1,000 you will earn dividends that often rival uninsured money market mutual funds. For our current high Money Market Account rates, visit our rates page. Use one of our Savings Calculators to see how fast your money can grow.

Unlike certificate accounts, your DCU Money Market Account is completely flexible. You can make deposits and withdrawals anytime with no penalty. You even have optional access by check (limit 6 per month by Federal regulation).*

*Federal Reserve Regulation D states no more than six (6) pre-authorized, telephone, automatic, or check withdrawals or transfers in any combination are permitted in any calendar month from your Money Market Account.

As the money in your DCU Money Market Account grows, you'll automatically earn a higher dividend rate. Here are where the breaks fall...

You can access your account 24 hours a day using any DCU ATM, PC Branch, Mobile PC Branch, Easy Touch Telephone Teller, and your Money Market Account checks. You can access your account in any DCU branch and make deposits online anytime with a scanner or camera in your smart phone by PC Deposit and Mobile PC Deposit.

When you direct deposit your net pay, Social Security, or pension into your DCU Checking Account, you'll want to regularly transfer some of this money into your Money Market Account. It's easy. You can set up automatic transfers on PC Branch or have us set up automatic transfers for you. It's a great way to pay yourself first and make your money grow faster.

While the higher tiers on DCU's Money Market Account rival those of money market mutual funds, those funds are uninsured. DCU's Money Market Account is federally insured along with your other DCU savings up to $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency. Additional aggregate coverage is possible depending on how you structure the ownership of your family's accounts.

You can open your account online through PC Branch if you are already a member (and soon from a link on our home page), at any DCU Branch, or by printing and sending us a Checking and Savings Application (.pdf format).

For more information about savings accounts or any of DCU's products and services, visit a local branch or call our Information Center at 508.263.6700 or 800.328.8797, weekdays from 8:00 am to 9:00 pm and Saturdays from 9:00 am to 3:00 pm, Eastern time.

Rates may change after the account is opened and are subject to change weekly. Funds earn dividends from day of deposit to day of withdrawal, compounded daily and paid monthly. Dividends are calculated on the full balance using the highest applicable dividend rate. Accrued dividends are forfeited if account is closed prior to monthly dividend posting. Fees or other conditions may reduce earnings on this account. Refer to DCU's Truth-In-Savings Disclosure and Account Agreements and Schedule of Fees and Service Charges.

Read all Money Market Account questions/answers

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