How to Save Automatically
If you’d like to build your savings but lack the money, time, or discipline to make deposits, you’re not alone. Now is a perfect time to get in the habit of saving, and DCU’s automatic deposit and transfer options make it easy.
Direct deposit means you don’t have to deposit a paycheck on your own – your paycheck or other recurring payment is electronically deposited into your DCU account. So there are no postal delays or worries about losing the check. To set up recurring direct deposit to your DCU Checking or DCU Savings Account, simply provide your employer or other payment provider with DCU’s routing and transit number/ABA# – 211391825. You’ll also need to provide your DCU Checking Account number, which you can locate in Online Banking or Mobile Banking:
Online Banking: go into Account History and click Account Details. Your account number is listed as ACH Number. It’s also in Account Manager under Manage Accounts > Account Information
Mobile Banking: Tap the account then select Show More under Available Balance. The account number you need displays as Checking Account Number.
Automatic funds transfer allows you to designate an amount of money to move from one DCU account to another, such as from your checking account to your savings account. This is an easy way to build and manage your savings, since you can set up a transfer to take place on a specific day each week or month. Having money automatically transferred from your checking to your savings, even if the amount seems small at first, is a great way to develop good savings habits. It’s easy to set up automatic transfers through Online Banking. Learn more about how to set up automatic transfers.
More Great Reasons to Save!
Having money deposited automatically into a designated savings account is an effortless way to “pay yourself first” and reduce the temptation to spend those funds. NCUA insurance up to $250,000 means that the money will be there when you need it. In addition to protecting your savings, you’ll be acquiring more money through dividends as your savings account balance grows. As an extra incentive, you can earn a higher interest rate on the first $1,000 in your DCU Primary Savings Account! All you have to do is start saving.