High-Yield Savings
NEW MONEY ONLY
- Federally insured
- No deposit limit
- Liquid savings
- No monthly fees
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Overview
- Liquid Access: Flexible savings with easy access to funds.
- Market-Leading Rate: The more your save, the more your earn.
- No Monthly Fees: Save more without paying monthly or annual fees.
- Federally Insured: Your deposits are federally insured by the NCUA, offering unmatched security.
- Well-Capitalized Institution: Secure your money in a strong credit union dedicated to member safety and soundness.
- Established since 1953: Trust in our decades-long commitment to financial excellence.
Key Features
No Deposit Limit
No Maturity Date
24/7 Access
Easy Access
Savings Calculator
High-Yield Savings Rates
The High-Yield Savings Account Annual Percentage Yield (APY) and Dividend Rate are effective as of 2/4/2026. The Annual Percentage Yield (APY) is 3.25% and the Dividend Rate is 3.20% on balances from $5,000 to $49,999.99. The APY is 3.50% and the Dividend Rate is 3.45% on balances of $50,000 and above. Rates are variable and may change after the account is opened at any time at Direct Federal Credit Union’s discretion. The minimum deposit to open a High-Yield Savings Account is $0. A minimum daily balance of $5,000 is required to earn the stated APY. If the balance in the High-Yield Savings Account falls below $5,000 on any day during the month, no dividends will be paid for that dividend period. APY shown assumes the account is paired with an active Direct Advantage Checking. Without a Direct Advantage Checking, the APY will be 0.10% lower. The daily balance is the balance of your Account at the end of the day. Fees may reduce earnings. New money only. (No internal transfers from an existing Direct Federal Credit Union account). Federally insured by the NCUA. Please refer to DFCU’s Account Rules and Regulations and Schedule of Fees for additional important information and disclosures.
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Glossary
To qualify for Direct Advantage Checking, members must meet the following requirements: Receive cumulative monthly direct deposits totaling $1,000 or more within each of the first three full calendar months following the date the new account is opened and funded. Failure to meet this requirement during any of the first three months will result in the account being converted to the standard checking account, which does not earn dividends or loan discounts.
The National Credit Union Share Insurance Fund was created by Congress in 1970 to insure members' deposits in federally insured credit unions. Each credit union member has at least $250,000 in total coverage. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to $250,000.
Additionally, a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects members’ IRA and KEOGH retirement accounts up to $250,000 and provides additional coverage for members’ trust accounts.
The Share Insurance Fund has the backing of the full faith and credit of the United States. Credit Union members have never lost even a penny of insured savings at a federally insured credit union.
Direct Federal is a not-for-profit, meaning that earnings are invested right back into the credit union. And that means Direct Federal can offer lower loan rates and higher deposit rates that you simply won't see anywhere else.
Credit unions are among the most well-capitalized financial institutions, maintaining equity reserves and investments that prioritize needed safety and soundness for their members.
Direct Federal is no exception to this. Our conservative balance sheet management and strong capital position makes us significantly different from financial institutions in the news.
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Questions about opening an account?
