As a not-for-profit financial cooperative, DCCU focuses on doing what is best for our members and keeping their broad range of consumer and business banking needs at the forefront. Despite the economic realities that accompany a rising interest rate environment, we have stayed true to our mission of helping to improve the financial wellness of our members. In recent months, we’ve seen conditions stabilize as the Federal Reserve has paused changes in rates, a welcome reprieve from the steady climb post-pandemic. Through it all, DCCU has demonstrated stability and value-added innovation while continuing to provide value for our members.

Since 1959, DCCU has been a consistent presence in the lives of our members, offering quality products and services while being a local resource for financial guidance and support. Although economic environments change, our approach to serving our members has not. We remain focused on being good stewards of our members’ resources, which allows us to withstand economic shifts and still maintain our strong financial performance.

Embracing innovation is one area that sets DCCU apart from other financial institutions. We are steadfast in our commitment to creative solutions and deliberate in how we seek opportunities to provide greater value for our members. Two recent examples include our RateDrop Mortgage and Rebate Program. RateDrop Mortgage gives you more control over your mortgage and allows you to take advantage of a lower interest rate if they decline. This loan can benefit the borrower if rates decrease, while providing peace of mind should rates rise. Our feature story shares more details about it, and I encourage you to reach out to us if you are interested in financing your next home or refinancing your current one to take advantage of our RateDrop Mortgage.

Another great example of innovation is our Rebate Program, which launched last fall, and provides a 10% rebate on interest paid on credit card, home equity, auto, and personal loans. We believe that DCCU has the most competitive loan and checking account products in the market, and when you take advantage of our products and services, our Rebate Program can help support your financial wellness. To date, DCCU has given back nearly $1.3 Million to our members!

There’s value in banking with a local, stable credit union that cares about your financial future and puts you first. We hope that banking with DCCU gives you peace of mind knowing that your funds are secure and that you have a trusted partner through every stage of life. Everyone has different financial priorities, and we welcome the opportunity to support you in any way we can. As always, thank you for your continued support of our cooperative.