The DVA Federal Credit Union (DVAFCU) offers you many ways to make your money grow in the form of easy savings plans.

Regular Share (savings) Account

This is a regular savings account in which you must maintain a minimum balance of $5.00 to be an active Credit Union member. Under this main account number, you may establish sub-accounts for share draft checking, other savings products and loans. Dividends are calculated on the average daily balance, and paid and compounded monthly. Balances under $100 receive no dividend.

Share Draft Checking Account

Your Share Draft checking account has no monthly service charges, no per check fees and no minimum balance requirement! Plus FREE DVA FCU logo checks. In the case of overdrafts, we will transfer funds from your share account (savings) up to 6 times per month. You may also apply for an Overdraft Protection Line-of-Credit that not only covers your overdrafts, but also acts as an instant loan.

Hi-Yield Money Market Share Accounts

This is for the investor who wants higher dividends and the liquidity of a share account. A minimum of $2,500 is required to open an account. Dividends are calculated on the average daily balance, paid and compounded monthly. A bonus dividend is paid for accounts averaging over $20,000.

Holiday and Vacation Savings Clubs

Christmas and Vacation Club accounts are available to help you save money for the holidays or that well-deserved vacation. Deposits can be made when you desire or through payroll deduction. Christmas Clubs are distributed in late October into your regular share savings account. Vacation Clubs are distributed anytime you want. Dividends are calculated the same as the regular share savings account. A minimum of $5.00 is required to open this account.

Term Share Certificates (CDs)

These accounts offer our highest investment returns with terms from 6 months to 5 years and a minimum deposit of only $500. Interest is calculated daily, paid and compounded monthly.

Individual Retirement Account (IRA)

We have both share and certificate accounts available and offer Traditional, Roth, and Education IRA accounts. Dividends are calculated the same way as the regular share savings account or the certificate account as applicable. No fees or maintenance charges are assessed for IRA accounts. The IRA share account can be opened for as little as $5.00. IRA certificates have a $500 minimum.