SERVICES
 |
SHARE ACCOUNTS |
The Credit Union pays
quarterly dividends directly to
Generally, dividend rates
are divided into three categories:
|
Accounts to $499 |
|
Accounts from $500 to
$1999 |
|
Accounts $2000 and up |
Contact the Credit Union
or go to the newsletter site for the
latest
Dividends begin to accrue
on cash and non-cash deposits on the business day your
deposit is made.
|
|
Payroll deduction is one
of the best benefits available to DCSFCU members.
The plan automatically deposits money to savings account(s) and/or pays
on your loan(s). To participate in
this plan, complete a standard form 1199A (Direct Deposit).
Savings
A good savings plan is to
pay yourself first each payday. Payroll
deduction does this for you without hassle.
Loan Payments
Payroll deduction can
actually decrease the amount of interest you pay because the Credit Union
computes interest on the number of
days between payments and payroll deduction payments are made every 14 days.
|
INSURANCE |
Accounts
The National Credit Union
Administration (NCUA) insures your accounts up to $100,000 per member.
The Credit Union operates under Federal regulations with a minimum of one
audit per year. Additionally, the Credit Union's Supervisory Committee
performs an annual audit. The
Credit Union is bonded against robbery and embezzlement.
Loan Protection
The Credit Union provides
life insurance on loans at no cost to the member. This insurance will pay off loan(s) up to a maximum of
$10,000 when an individual less than 70 years of age dies.
No insurance is offered on
loans age 70 and older.
Fee Schedule and Truth in Savings Statement