Savings IRAs

Now Available:Retirement Central Service Center.

This online service has educational interactive information and articles to help you, at whatever stage you're at in your financial life. You'll find information, articles and forms.

Learn About IRAs

Opening a New IRA

Manage or Service an Existing IRA

Articles for your Life Stages at Retirement Central

DCU Savings IRAs (Individual Retirement Accounts) offer good dividends with no minimum balance or term requirement. See Rates for current dividend rates.

Dividends are compounded daily and paid monthly. Dividend rates can change weekly. Contributions and withdrawals can be made anytime without a DCU penalty.

You can contribute to your Savings IRA through automatic transfer from your savings or checking account. Automatic transfers allows you to spread your individual annual maximum $5,000 contribution throughout the year. If you contribute $96.15 per week or $416.67.33 per month, you will accumulate almost $5,000 by year end. With unrestricted withdrawals, you can move your contribution to a DCU Certificate IRA for higher returns or roll it over into another qualified retirement investment.

Savings IRAs can be used for Traditional, Roth, Coverdell Education Savings Accounts (formerly Education IRA), and for Small Business Plans.

IRAs are federally insured up to $250,000 per member by the National Credit Union Administration (NCUA), a U.S. Government Agency.

There are several ways to make both Current and Prior Year Contributions to a DCU IRA and the process to transfer or roll an existing IRA from another institution to a DCU IRA couldn't be simpler. At DCU there are no administrative, annual, transaction, or maintenance fees. You can fund your DCU IRA by...

Making a NEW contribution.
Transferring an existing IRA to DCU.
Rolling an existing IRA or retirement funds into a DCU IRA.
Completing a direct rollover from your employer's retirement plan into a DCU IRA.

Current Rates
IRA forms at DCU's Retirement Central Service Center – This online service is an easy way to complete your IRA forms. Simply answer some questions regarding the transaction you wish to complete and the Service Center will produce the necessary forms.

If you have any questions, or need paper forms, please speak with a Customer Service Representative at your nearest DCU branch or call our Information Center at 508.263.6700 or 800.328.8797, weekdays from 8:00 am to 9:00 pm and Saturdays from 9:00 am to 3:00 pm, Eastern time.

Terms and conditions applicable to DCU's IRAs can be found in the IRA Disclosure Statement, Truth-in-Savings Disclosure and Agreements (pdf format), our rates page, and Schedule of Fees and Service Charges. For a copy of any of these disclosures or for more information, visit a DCU branch, call the Information Center, or order online.

To beginning of page

Digital Federal Credit Union
220 Donald Lynch Boulevard
PO Box 9130
Marlborough, MA 01752-9130
508.263.6700 • 800.328.8797