DFCU Financial is a state-chartered credit union with its headquarters in Dearborn, Michigan. It is regulated by the Michigan Department of Licensing and Regulatory Affairs and is one of the largest credit unions in the state. It offers personal and business banking products and services.
DFCU Financial focuses on educating its members on money management and offers a variety of money management tools and webinars on money topics. They also have a wealth of money management resources online, including budget worksheets, budget calculators, and more. DFCU Financial also has an app that lets users manage their money more efficiently.
Another unique feature of DFCU Financial is its P2P digital payment service. This service is not usually provided by banks and credit unions. This is a handy option that can cut out the middle man. Additionally, DFCU Financial’s mobile apps have decent ratings on Google Play and the Apple Store.
DFCU Financial is a member-owned credit union that has been in business since 1936. It is the third largest credit union in Michigan and serves nearly 232,000 members. The Dearborn-based credit union has 28 locations throughout the Lower Peninsula. Deposits at DFCU Financial are insured up to $250,000 through the National Credit Union Share Insurance Fund.
DFCU Financial also has a cash-back program for its members. The cash back is earned on debit card purchases as well as loans and savings accounts. The amount of cash back earned varies depending on the age and balance of the deposit accounts. As of the time of this writing, DFCU Financial has more than $1.7 million in its savings account.
