You can open a Christmas Club Account at anytime of the year. Make regular deposits to the account throughout the year and earn dividends on your savings! Your annual Christmas savings, plus earnings, will be transferred directly into your DCTFCU share draft account or share savings account each year by October 15. (If you prefer, a check can be mailed to your address on file.)
Here’s what you’ll save over 26 paydays, not including dividends:
|At $10 per payday...||You'll save $260.|
|At $25 per payday...||You'll save $650.|
|At $50 per payday...||You'll save $1300.|
|At $75 per payday...||You'll save $1950.|
|At $100 per payday...||You'll save $2600.|
See our current dividend rates.
You can make deposits in person or by mail, but the easiest way to save is to set up payroll deduction with your direct deposit. When you open your Christmas Club Account, just indicate how much you’d like to save each pay period on the Christmas Club Account application. (No need to submit a separate payroll deduction form.) However, if you need to change the amount of your payroll deduction at a later date, you must complete a Payroll Allotment Form and confirm all your current deductions.
Your deposits to the account between October 1 and September 30 the following year will need to total at least $100, and you may not withdraw the funds prior to October 1 each year without a fee. (See our fee schedule.)
Your Christmas Club Account will automatically renew on October 1 each year. Contact the credit union prior to October 1 if you don’t wish to renew for the following year.
Complete the application and return it to the credit union in person, by mail or by fax. Be sure to indicate the amount of your payroll deduction to be credited to this account each payday.
D.C. Teachers Federal Credit Union currently has two job positions open: FT/Teller and P/T Staff Accountant. Please click the Learn more link to read more about the positions and how to apply!…Learn more Career Opportunities
Please be advised that the Credit Union performs month end maintenance each month on the last business day of the month. During this period Online Banking and Voice Response System will be…Learn more Credit Union Month End Maintenance
Please take a look https://www.equifaxsecurity2017.com/ (opens in new window) The company has found no evidence of unauthorized activity on Equifax’s core consumer or commercial credit reporting databases. Equifax has established…Learn more Equifax Update
D.C. Teachers’ Federal Credit Union is committed to accessibility and digital inclusion. Our goal is to conform with Web Content Accessibility Guidelines (WCAG) 2.0 Level A and AA Success Criteria…Learn more Web Accessibility Statement
(Caller hears greeting) If this is your first time calling — you will have to enroll in the system by pressing the star (*) key. Otherwise which of these…Learn more New Voice Banking Member Enrollment Information
Please be advised that the D.C. Teachers’ Federal Credit Union will be launching its new Visa Debit EMV (Chip) card beginning in March. All members who currently have the Visa…Learn more New Visa Debit EMV (Chip) Cards will be Issued in March, April and May 2018
Equifax has established a dedicated website, www.equifaxsecurity2017.com, to help consumers determine if their information has been potentially impacted and to sign up for credit file monitoring and identity theft protection.…Learn more Important Information From EQUIFAX
The District of Columbia Teachers’ Federal Credit Union is proud to announce the unveiling of our new website along with a new Internet and voice banking service. Changes to Your…Learn more Welcome To Our New Website
This fraudulent attempt to capture account information is done with an automated SMS/text message referring to themselves as CO-OP Mobile. The text message requests members to enter their account information…Learn more New Phishing Scam
Monday and Thursday from 10AM until 4:30PM. Friday from 10AM until 5:30PM.
The branch closes from 11AM – Noon for lunch and closed Tuesday and Wednesday.