At DFCU Financial, we believe banking should be simple, transparent, and rewarding. Whether you’re looking to earn serious cash back or just want a hassle-free way to manage your money, we’ve got two perfect checking accounts for you.
Cash Back Checking - The Account that Pays You Back
Earn up to 7.00% APY* by using your account the way you already do.
Make your money work harder. With Cash Back Checking, you can earn an impressive bonus of 7.00% APY* on your first $10,000 – and it’s not a promo rate! Just meet these three easy requirements each month.
Make 10 debit card purchases
Setup $500 in direct deposits
Even if you don’t hit the criteria, you’ll still earn 0.02% APY* on your balance. If you do, balances over $10,000 will earn 0.02% APY.* You can easily monitor your progress in the online banking app.
Cash Back Checking Account Features:
- 0.02% APY* with option to earn 7.00% APY* on first $10,000
- Open with just $20
- Debit card with contactless “tap & pay” capability
- 1,700 fee-free ATMs in Michigan, and nearly 30,000 nationwide, via the CO-OP ATM Network
- $5 monthly fee, waived with a $5,000 average daily balance
- Anywhere Banking
- Eligible for annual Cash Back dividend
- Free money orders & cashier’s checks
Sometimes, less is more. Simplicity checking is the hassle-free account for you.
Simplicity Checking Account Features:
- Open with just $20
- Debit card with contactless capability “tap & pay”
- 1,700 fee-free ATMs in Michigan, and nearly 30,000 nationwide, via the CO-OP ATM Network
- $5 month fee easily waived
- Maintain a $100 average daily balance OR make 5 (five) debit card purchases per month
- If you’re age 21 or under
- If you're age 56 or over
- Anywhere Banking
- Eligible for annual Cash Back dividend
Get Paid Sooner with Early Pay**
With Early Pay**, Retail members can access eligible direct deposits up to two days early. That means more flexibility to cover bills, build savings, or simply enjoy a little extra breathing room before payday.
What is Early Pay**?
Early Pay** gives you access to eligible direct deposits as soon as DFCU Financial receives them, often up to two days before your scheduled payday. It’s not a loan and there’s no fee. It’s simply your money, available sooner.
How it works
- Early Pay** is automatic for eligible deposits, so there’s nothing extra to enroll in once your direct deposit is set up.
- When your employer/administrator sends your deposit to DFCU early, we make the funds available after the payment is processed.
- Timing can vary. Deposits depend on when your employer/administrator submits the payment file, and weekends or holidays may delay availability.
Getting started is easy
- Open a DFCU Financial retail checking or savings account and set up a payroll direct deposit.
- Provide your employer/administrator the completed direct deposit form. You will need to provide the DFCU Financial routing number, which is 072486791, and your checking account number.
With Early Pay**, your money can be ready when you need it—helping make payday feel a little closer
*APY = Annual Percentage Yield. Paid and Compounded Monthly. Fees could reduce account dividend earnings. Dividend rate may change after the account is opened. $20 minimum required to open a Checking Account. Deposit account balance may increase your Cash Back. DFCU Financial deposit products are insured by the NCUA.
**Early Pay = You may receive a direct deposit up to two days early with Early Pay if you have a retail checking or savings account with us and a recurring qualifying direct deposit up to $10,000. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer/administrator. We generally make these funds available on the day the payment file is received, which may be up to two days earlier than the scheduled payment date. It is at our discretion to identify which recurring direct deposits are eligible for Early Pay. We cannot guarantee that you will receive the Early Pay service due to unanticipated circumstances. DFCU Financial does not guarantee early availability of any direct deposits, and eligibility of a direct deposit for early availability may change between pay periods. Any direct deposit that is not posted early will otherwise be made available according to our funds availability schedule. Even after we have made funds available to you and you have withdrawn the funds, you remain responsible if any deposit to your account is returned, rejected, or otherwise uncollected by the originating financial institution. We reserve the right to conclude Early Pay at our sole discretion and without any further notice to you. Early Pay is automatic with direct deposits and there is no fee. You can opt out of the Early Pay service at any time, by contacting a DFCU Financial branch or calling member service at 888.336.2700.