DFCU Is Safe and Sound

As a member of DFCU Financial, you're an owner of this not-for-profit credit union. Our first priority is your financial success, and we focus heavily on financial security and soundness.

DFCU Financial was chartered 73 years ago, and we are committed to serving our community. You can be assured that your money is safe and sound here. We have an experienced team to serve you and answer any questions or concerns.

Federally insured credit unions offer a safe place for credit union members to save money. These deposits are protected by the National Credit Union Share Insurance Fund and insured up to at least $250,000 per individual depositor – the same as any other federally insured financial institution.

Credit union members have never lost a penny of insured savings at a federally insured credit union.

Click on this video for an in-depth look at how the NCUA insures your deposits.

Check out this information sheet for more information about the National Credit Union Share Insurance Fund coverage for consumers.

Yes, member deposits are covered with deposit insurance up to $250,000 and covers 89% of our member deposits. The remaining deposits are with members who have balances over the insurance coverage.
Yes, DFCU has deposit insurance through the NCUA (National Credit Union Administration) for credit unions and acts similar to the FDIC, which is a federal insurance agency for banking institutions. NCUA insures up to $250,000 per person, per ownership category, per financial institution.
Yes. As one example, a member can have $250,000 in a personal checking account and another $250,000 in a joint checking account at DFCU and the entire $500,000 will be insured.
  • Checking
  • Savings
  • Money Market
  • Share certificates
  • Retirement accounts
  • Revocable trusts
  • Irrevocable trusts
What the NCUA insurance does not cover:
  • Annuities
  • Bonds
  • Life Insurance policies
  • Mutual Funds
  • Stocks
  • US Treasury bills, bonds, or notes
DFCU has no concerns with liquidity and has policies and procedures to address liquidity requirements as they occur. DFCU has strong cash inflows from investments, our member deposits, and established lines DFCU can borrow, if needed, from multiple sources.
Yes. DFCU has an annual examination by both the NCUA and the Michigan Department of Insurance and Financial Services (DIFS) on our policies and procedures to ensure safety and soundness of DFCU.

NCUA Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.


Unauthorized attempts to upload information and/or change information on this website is strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and Title 18 U.S.C. Sec.1001 and 1030.

If you are using a screen reader or other auxiliary aid and are having problems using this website, please call 888-336-2700 for assistance. Also, all products, services and information available on this website are also available at any of
our physical branches, where we would be happy to assist you further. Click here to view our Accessibility Statement.

*APY = Annual Percentage Yield. Paid and compounded quarterly. Dividend rates are determined by the principal balance when your certificate is opened. Dividend payments will not affect the dividend rate during the term even if the minimum balance for the next tier is met. Rates subject to change without notice at any time. Penalties may apply for early withdrawals. DFCU Financial deposit products are insured by the NCUA.

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While the DFCU Financial Board of Directors intends to pay Cash Back every year, and has done so since 2007, Cash Back is not guaranteed and will depend on our financial performance and other factors. Annual Cash Back payments are limited to an aggregate of $10,000 for each tax-reported owner. The IRS requires that Cash Back for an IRA be paid to the same IRA, and that it be open when Cash Back is deposited. Cash Back to Commercial / Business Banking members is subject to additional terms. Anyone who causes DFCU Financial a loss for any reason is not eligible for Cash Back.