What Can DCU Save You?

Ltd Savings Account

High variable rates, unlimited deposits, one free monthly withdrawal




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Ltd Savings Account

Ltd Savings Account

  • Our highest variable savings account rates
  • Unlimited deposits
  • No charge for first withdrawal per month*
  • $25,000 minimum to earn dividends
  • $0 to open
  • Free online, mobile, and branch access
  • Federally insured by NCUA

*A withdrawal is defined as any money removed from the account whether it is cash or a transfer of funds.

Please refer to Details and Rates tabs for more information.

"Useful Product"

Open quote This product is a good compromise between a Money Market account and a Certificate, especially in these low interest times. Very useful if you are saving for a specific need. Close quote

— Jeff, Boxborough, MA

Ltd Savings Account Details

  • Our highest variable savings account rates – The DCU Ltd Savings Account offers you rates comparable to our highest Money Market Account rates in exchange for reduced withdrawals. If you need more frequent access, the Money Market Account would be a better choice for you. If you don't need regular access, you should consider our Jumbo Certificates for even higher returns.
  • Unlimited deposits – Add to your account as often as you like for free.
  • No charge for first withdrawal per month – The withdrawal can be any amount of money removed from the account in the form of cash or a transfer of funds. The second and any subsequent withdrawals each month are $25 each.
  • $25,000 minimum to earn dividends – Dividends are paid from day of deposit to day of withdrawal compounded daily and paid monthly.
  • $0 to open
  • Free online, mobile, and branch access – You can access your account 24 hours a day using any DCU ATM, Online Banking, and Easy Touch Telephone Teller. You can access your account in any DCU branch and make deposits online anytime with a scanner or camera in your smart phone by Online Deposit.
  • Federally insured by NCUALearn more about insurance on all your savings at DCU and how to maximize your coverage.

Dividends are paid on entire balance for each day a $25,000 balance is maintained. Dividends are posted at the end of each calendar month. Paid dividends remaining in the account will earn dividends at the same rate and on the same terms. Dividends compound daily and are based on a 365-day year. Accrued dividends not yet posted will be forfeited if account is closed. The minimum balance required to maintain current status is $0.01. You can make a maximum of one no charge withdrawal from the account each calendar month. A fee of $25.00 will be automatically assessed for each additional withdrawal during the month.

Rates may change after the account is opened and are subject to change weekly. Refer to DCU's Truth-In-Savings Disclosure and Account Agreements and Schedule of Fees and Service Charges.

Please refer to Features and Rates tabs for more information.

Ltd Savings Accounts*

Minimum balance of $25,000 to earn dividends. No minimum to open. Unlimited deposits. One no charge withdrawal per month.

Balance Tiers Dividend Rate Annual Percentage Yield
When daily balance is $25,000 or more 0.85% 0.85%

Rates are effective .

*Rate may change after the account is opened and is subject to change weekly. Funds earn dividends from the first business day of deposit and are compounded daily and posted monthly. Accrued dividends are forfeited if account is closed prior to monthly dividend posting. Fees or other conditions may reduce earnings on these accounts. Refer to DCU's Truth-in-Savings Disclosures and Account Agreements, Ltd Savings Account Application and Disclosure, and Schedule of Fees and Service Charges.

Annual Percentage Yield (APY) is a figure calculated using a federally-mandated formula. It's designed to help you compare the return you'll get in a uniform way between the certificate, savings, and money market accounts offered at various institutions. It tells you at what percentage your money will grow in one year at the same dividend rate – including the effects of compounding. For example, the APY on a 6-Month Certificate would be what you earned at the end of a year if you renewed your certificate once, did not add to or subtract from the balance along the way, nor withdrew any dividends.

Please refer to Features and Details tabs for more information.


Ltd Savings Account is rated 4.1 out of 5 by 98.
Rated 5 out of 5 by from A great product! I love this account! It is easy to use, you can access your savings any time, no hidden penalties and a great interest rate.
Date published: 2017-01-09
Rated 5 out of 5 by from Great Products and Services! It is great that DCU continues to find ways to help the members.
Date published: 2017-01-05
Rated 5 out of 5 by from I went to get a lone Went to get a lone and the process took like 2 days and the money was in my hand.
Date published: 2016-12-17
Rated 5 out of 5 by from This product has great features. For what my financial goals are, this product makes the most sense. Customer service is always exceptional at DCU. The staff is always friendly and very courteous.
Date published: 2016-12-17
Rated 5 out of 5 by from Best rate around on a liquid account; reasonable conditions. I'm admittedly biased towards dealing with a credit union (as opposed to a commercial bank). Even so, the LTD account seems the best deal going on a liquid account -- a good rate even with a modest account balance, and one penalty-free withdrawal per month. The Branch Manager, Mr. Phillippupillai, was courteous, helpful, and informative.
Date published: 2016-08-13
Rated 5 out of 5 by from value for your money This is the best value I could ever find comparatively. That's why I am still with DCU after nearly 17 years. Their service and rates are excellent
Date published: 2016-03-19
Rated 5 out of 5 by from Excellent service The services and accounts are very good the service people are very helpful and curtious the Ltd has a good rate and I like being able to get at my money any time I want to
Date published: 2016-01-31
Rated 5 out of 5 by from Can with draw money without impacting term. Should have a higher interest rate because of the Fed increase.
Date published: 2016-01-23
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Time Commitment

Is there a time commitment required for this account? If I decide to move my full savings in 6 months, are there any penalties?
Asked by: Anonymous
There is not a minimum time commitment for the LTD account. However, only make one withdrawal during a month.
Answered by: Anonymous
Date published: 2014-05-31

can the LTD account be used for an IRA account?

Asked by: Anonymous
The LTD is a savings account. The Individual Retirement Arrangement (IRA) is a tax-classification for deposited funds. Once you have IRA-based funds; then you may use any regular banking vehicle. This means that you can use the IRA money in checking (over 59.5 years old), Certificates of Deposit, MoneyMarket, and LTD savings accounts. Yes, you may place your IRA classified funds into an LTD savings account.
Answered by: Anonymous
Date published: 2015-04-21

Is there a limit on once a month free withdrawal amount in LTD Savings account?

Asked by: Anonymous
There is not a limit to the amount of money that can be withdrawn from the LTD Savings account (up to once time per month). However, you will NOT earn any interest when below the minimum investment balance (currently $25,000).
Answered by: Anonymous
Date published: 2014-05-31

With LTD savings.. I can withdraw without penalty every month if balance is more than 25K?

Asked by: Anonymous
One free withdrawal from an Ltd Savings is permitted each month. Additional withdrawals during the calendar month are $25 each. There are no penalties assessed if the balance falls below $25,000, however, the Ltd Savings only earns dividends when the balance is $25,000 or more.
Answered by: Anonymous
Date published: 2014-09-20

what has the ltd savings rate been for the past 12 months?

Asked by: Anonymous
The current Ltd Savings rate, when daily balance is $25,000 or more, is 0.85%
Answered by: Anonymous
Date published: 2017-01-27
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"Opening account as simple as a click"

Open quote This account was easy to open and has good value for money. Close quote

—Prem, Wallingford, CT

Easy Ways To Open an Ltd Savings Account

  1. Open Online – Opening an Ltd Savings Account is fast and convenient! Follow the simple step-by-step instructions and open your account in minutes online.
  2. By Phone – Call 800.328.8797 or 508.263.6700, (select 3).
  3. Visit a DCU Branch – Visit a local branch and open a Ltd Savings Account. A Member Service Representative will assist you and be able to answer all your questions.

"Great savings option"

Open quote This has been a great savings tool. It's perfectly in-between a traditional share savings account and a certificate of deposit. Close quote

— Mona, Dallas, TX

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