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Applying Made Easy!

Share Savings

As a member of Democracy Federal Credit Union, you would receive money for simply saving each month.

Here’s what you need to know about Democracy Federal Credit Union’s share savings account:

  1. You’ll pay a minimum of a $5 deposit alongside a $10 one-time membership fee.
  2. Interest rates are much higher than saving with a bank. In return, you’ll receive ample funds over the years by simply using credit union services.
  3. Accounts over a $100 balance will earn a 0.10 dividend rate.
  4. Democracy Federal Credit Union has you covered! Your savings account is federally insured by NCUA for up to $250,000 free of charge.
  5. In addition to federal coverage, you’re protected up to $250,000 by Excess Share Insurance. It’s free when you sign up.

Our team members want to help you make the best decisions for your finances. If a credit union savings account is the support you need, our team members are readily available to help.

Democracy Federal Credit Union services the DC metropolitan area and portions of MD and northern VA. Click here to contact our branch through a chat, phone call, or video call. One of our representatives will be thrilled to answer any questions and assist you in opening an account with us today!