Savings Accounts

We know our members have a variety of savings needs and we’re here to meet them all. From your emergency fund to your retirement fund, and everything in between, we’ve got you covered.

Security First

Your Money is Safe

Savings and Checking funds on deposit with the D.C. Teachers’ Federal Credit Union are insured to $250,000 per account. This coverage is provided through the National Credit Union Administration (NCUA), an agency of the federal government. The NCUA also insures every Individual Retirement Account savings separately for an additional $250,000.

The Credit Union also carries a surety bond which insures against losses through burglary, robbery, larceny, theft, embezzlement, fraud, and other forms of dishonesty or liability.

In addition, the substantial reserves of this credit union provide extra protection against unforeseen, adverse conditions or events.

Superior Rates

Since we are a non-profit organization governed by our members, you can count on our dividend rates to be higher than those offered by many other financial institutions. The rates are variable (except for those for savings certificates) and are determined at the discretion of the Board of Directors, so the dividend rates and annual percentage yields may change.

Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.

Savings Products Offered Include:

View Current Dividend Rates

Joint Ownership

You may make any person a joint owner on a savings account. However, joint ownership by itself does not constitute membership. Joint ownership allows another person(s) to make deposits and withdrawals on your account at any time.

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