Savings & Investments

Dearborn Village Community Credit Union offers its members a variety of savings and deposit services. We offer the following products to assist our members in building their personal wealth while giving them the security of investing in federally insured accounts.

Regular Share Account

To be a member and maintain accounts at the credit union your must purchase 1 share(s) in the credit union. The par value of a share in this credit union is $5.00. A low balance fee may be charged each month if the aggregate balance in a member's account falls below $100.00, see Fees & Charges. We pay a very competitive dividend rate on the share account that is computed daily and compounded quarterly. For a complete truth in savings disclosure on this account, click here.

Christmas Club Account

The Christmas Club account is a sub-deposit account of the primary account that gives our members the opportunity to save for Christmas expenses. We pay a very competitive dividend rate on the Christmas Club account that is computed daily and compounded quarterly. Although this account is intended to mature around the Christmas season the money in this account is available for withdrawal, without penalty, prior to the Christmas season. For a complete truth in savings disclosure on this account, click here.

Loan Transfer Account

The Loan Transfer account is a sub-deposit account of the primary account that gives our members the opportunity to set money aside to make loan payments when they become due. This account assists our member in budgeting for monthly obligations. We pay a very competitive dividend rate on the Loan Transfer account that is computed daily and compounded quarterly. The money in this account is available for withdrawal without penalty. For a complete truth in savings disclosure on this account, click here.

Special Share Account

The Special Share account is a sub-deposit account of the primary account that gives our members the opportunity to tuck away money for vacations, educational expense, unexpected emergencies, mad money for fun or for any other reason you can think of. We pay a very competitive dividend rate on the Special Share account that is computed daily and compounded quarterly. The money in this account is available for withdrawal without penalty. For a complete truth in savings disclosure on this account, click here.

Money Market Account

The Money Market account is a liquid, high yielding account that gives our members opportunity to earn a great dividend rate and have access to their money without a set maturity date. This account is a tiered rate account that earns higher dividends as the balance increases. We pay a very competitive dividend rate on the Money Market account that is computed daily and compounded monthly. The minimum balance requirement to open a Money Market account is only $1000. For a complete truth in savings disclosure on this account, click here.

Certificates of Deposit

Dearborn Village Community Credit Union offers certificates of deposits with maturity ranging from 6 months to 5 years. Our CDs pay exceptionally competitive rates and can be used to build wealth in a completely secure environment. All accounts (including CDs) are insured up to $100,000 by the NCUA, an agency of the Federal Government. Our CD program is very versatile giving our members the options they want to meet their investment strategy. For a list of our current rates, click here.