Dfcu Financial Credit Union
Headquarters
Po Box 6048
Dearborn, MI 48121
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Phone 1-888-336-2700
2024 Overview
General Credit Union Information
Dfcu Financial is an NCUA insured institution located in Dearborn, MI. It was founded in 1936 and has approximately $6261.97 millions in assets.
Who can join?
If you live, work, worship or attend school in Michigan’s lower peninsula, you can become a member of DFCU Financial.
To open a checking account, you will need to fund it with at least $20. To open a savings account, you only need $5. Or, you can start a loan application online now and join at your closing.
We also have special, age-appropriate accounts for kids and teens because it’s never too early to learn about money management.
* Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
| NCUA Insured | Yes / State-Chartered |
| Charter Number # | # 61844 |
| Date Established | 1936 |
| Assets | $6,261.97 million |
| Loans | $1,756.99 million |
| Deposits | $5,785.32 million |
| Capital | $843.25 million |
Field of Membership Restrictions
Membership in DFCU Financial is open to anyone through membership in The Henry Ford Museum ($60 annual fee). Membership is also open to those who live, work, attend school or worship in Michigan's lower peninsula.
Deposit Rates - April 27, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| SAV
|
0.02% | $0 | - |
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|
|
Money Market
|
0.02% | $0 | $99,999 |
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|
Money Market
|
0.05% | $100,000 | $240,999 |
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|
Money Market
|
0.10% | $250,000 | $499,999 |
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|
|
Money Market
|
0.15% | $500,000 | - |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
4.25% | $1,000 | $24,999 |
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|
| 6 Month
|
4.35% | $25,000 | $99,999 |
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|
| 6 Mo CD
|
4.50% | $100,000 | - |
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|
| 7 Month Special
|
5.00% | $1,000 | $24,999 |
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|
| 7 Month Special
|
5.00% | $25,000 | $99,999 |
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|
| 7 Month Special
|
5.00% | $100,000 | - |
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|
| 12 Mo CD
|
3.50% | $1,000 | $24,999 |
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|
| 1 Year
|
3.50% | $25,000 | $99,999 |
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|
| 12 Mo CD
|
3.50% | $100,000 | - |
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|
| 18 Month
|
3.25% | $1,000 | $24,999 |
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|
| 18 Month
|
3.50% | $25,000 | $99,999 |
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|
| 18 Month
|
3.75% | $100,000 | - |
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|
| 24 Mo CD
|
1.75% | $1,000 | $24,999 |
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|
| 2 Year
|
2.00% | $25,000 | $99,999 |
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|
| 24 Mo CD
|
2.20% | $100,000 | - |
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|
| 36 Mo CD
|
1.75% | $1,000 | $24,999 |
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|
| 3 Year
|
2.00% | $25,000 | $99,999 |
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|
| 36 Mo CD
|
2.20% | $100,000 | - |
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|
| 60 Mo CD
|
1.75% | $1,000 | $24,999 |
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|
| 5 Year
|
2.00% | $25,000 | $99,999 |
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|
| 60 Mo CD
|
2.20% | $100,000 | - |
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|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| VIRA
|
0.02% | $0 | - | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| INTCK
|
0.01% | $0 | $49,999 | Learn More |
| INTCK
|
0.02% | $50,000 | - | Learn More |
Loan Rates - April 27, 2024
Your Current Location: Ohio, OH 43085
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
6.25% | 6.25% | Varies | |
Compare with 7.49 RATE Line of Credit from Third Federal Savings and Loan
See All Home Equity Rates |
||||
| 10 Year Loan
See Table |
6.49% | 6.49% | $1,134.97 | |
| 15 Year Loan
See Table |
7.49% | 7.49% | $926.44 | |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 3 Year | 3.74% | 3.74% | $735.21 | |
| 4 Year | 3.74% | 3.74% | $561.57 | |
| 5 Year | 3.74% | 3.74% | $457.49 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Conforming See Amortization Table |
6.93% | 6.75% | $2,831.71 | |
| 30 Year Fixed Conforming See Amortization Table |
7.38% | 7.25% | $2,182.96 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Conforming See Amortization Table |
6.93% | 6.75% | $2,831.71 | |
| 30 Year Fixed Conforming See Amortization Table |
7.38% | 7.25% | $2,182.96 | |
Compare with 6.787% APR and 6.750% 30-Year Fixed RATE from District Lending
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
Below are Dfcu Financial branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
DFCU FINANCIAL is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Dfcu Financial Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Dfcu Financial. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Dfcu Financial | U.S. Average |
|---|---|
| 1.35% | 6.97 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2023, Dfcu Financial had $11,309,172 in non-current loans and $122,063 in owned assets. To cover these potential losses it had $843,250,161 in net worth and $5,551,237 in loans loss reserves. That gives it a Texas Ratio of 1.35%.
Net Worth
| Dfcu Financial | U.S. Average |
|---|---|
| 13.46% | 13.62% |
Dfcu Financial FCU has a net worth of 13.46% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Dfcu Financial
Melvin Markwardt
October 7, 2023
Have a problem that ICan not find an answer to in DFCU Financial. Trying to change info from USMail to Internet. They ask for my account number and the only thing I can find is onPurshing note. It is, H25####59.please provide the complete number. Thanks
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