Why Choose DCTFCU?

Daviess County Teachers Federal Credit Union offers a wide range of financial products and services to it’s members, from various checking and savings account options, to home purchasing, refinancing, home equity lines of credit, and recreational and personal vehicle loans. With some of the best service and rates around, DCTFCU can help you make the most of your hard-earned money.

Checking Account

When you’re managing your family’s finances, the last thing you need to worry about is the number of checks you write or the fees your checking account is accruing.

That’s why Daviess County Teachers Federal Credit Union offers completely free checking with the benefits that you need.

With a DCTFCU Checking Account, you enjoy these essential benefits:

  • Savings: No need to hassle with a minimum balance or hidden charges. Plus, get low-priced personal checks for your account from Harland-Clarke Checks.
  • Service: Enjoy the benefits of unlimited check writing, and, if you qualify, a line of credit for overdraft protection.
  • Convenience: Access your account 24 hours a day with DCTFCU’s Audio Teller and Web Access. Plus take advantage of time-saving conveniences like direct deposit and a Debit MasterCard®.

ATM/Debit Card

If you value convenience and versatility, you’ll love the DCTFCU Debit MasterCard®. It’s a debit card, and an ATM card all in one with the security of MasterCard®.

  • No transaction fees or limited number of transactions allowed.
  • Use it like a credit card: Your Debit MasterCard® works just like a check, without the hassle of writing a check or fumbling for identification. When you sign for purchases, you have the added security and backing of MasterCard®.
  • Use for purchases from the Internet or to pay bills online.
  • Use it as a debit transaction: Use your PIN (personal identification number) to use your Debit MasterCard® wherever debit cards ONLY are accepted. Get cash back with your purchase.
  • Use it as an ATM card: Access your share/savings or checking account through automatic teller machines 24-hours a day, 7 days a week, at either DCTFCU’s no-fee ATM, other no-fee Alliance One ATMs, or the PULSE, CIRRUS, or JEANIE ATM networks.
  • Available to DCTFCU Debit MasterCard® holders. You may use all Fifth-Third Bank ATMs – surcharge free!

Activate online: MasterCard SecureCode

Check Orders

In addition to the many benefits of a DCTFCU checking account, we offer a wide selection of low-priced personal checks. Reorder one, two, even three boxes of checks all from the convenience of your home or office. Reorder checks anytime – 24 hours a day, seven days a week.

All you need is your DCTFCU account number and our Routing and Transit Number.

Click here to reorder checks today!

Truth in Savings Share Draft Disclosure

Share (Savings) Account

We’re concerned with your complete financial well-being. And that concern is certainly evident in our products designed to help you save.

A $5 deposit to your Share Savings Account gives you access to our wide array of products and services designed to help achieve economic health; it’s your ownership in your credit union.

Share Savings Accounts are:

  • Flexible: Offering a competitive dividend. Dividends are paid quarterly on Share Savings Accounts.
  • Accessible: You can make deposits and transfers in person, by mail, by telephone, by online transfer requests, or by direct deposit/payroll deduction.

This is a great account for making your savings work for you, whether your needs are short- or long-term.

Become an DCTFCU member and open a Share Savings Account today!

Certificate Accounts

If you’re saving for the long-term and want a better dividend rate than a simple savings account can offer, DCTFCU’s Share Certificate Accounts are just what you need.

Share Certificate Accounts, called CDs by Banks, offer excellent benefits:

  • Convenient Terms: You can choose terms ranging from three months to 48 months (rates subject to change)
  • Higher Rates: Your dividend rate could be up to twice as much as simple savings accounts
  • Dividends paid quarterly: Dividends earned are available monthly

Open a Certificate Account Now!

  • Minimum $500 deposit required.
  • Penalty for early withdrawal may apply.

Ultimate Account

Finding flexibility along with a solid interest rate accrual can be truly difficult. Not at Daviess County Teachers FCU.

Our Ultimate Account is comfortable and flexible:

  • Dividends paid monthly.
  • Some restrictions apply.
  • Minimum of $10,000 required.

Holiday, Vacation and Special Accounts

If you know of a large expense in your future, why not start saving for it now? Whether you’re saving for a down payment, taxes, insurance, Christmas, or a family vacation, DCTFCU’s Special Savings Accounts make it easy to save.

With a Special Savings Account, you get:

  • The convenience of an automatic share transfer or payroll deduction into your account
  • Dividends paid quarterly. Some restrictions may apply.

Truth in Savings Disclosure

Consider the benefits of DCTFCU’s Visa® Credit Card.

You get:

  • FIXED rate: Classic- 9.9% APR; Platinum- 7.9% APR
  • No Annual Fee
  • Twenty-five day grace period for purchases
  • No balance transfer fees
  • Just a phone call to have your payment taken from your DCTFCU account
  • View your purchases and make payments anytime directly through Home Banking

 

Downloads

VISA Terms of Service

Home Mortgage

Fixed Rate 1st Mortgages:

  • 20 year (240 month) term
  • Minimum Loan: $7,500
  • Maximum Loan: $175,000

Call for current rate and availability.

Home Equity Loans

Home Equity Line of Credit
  • Adjustable Rate
  • 15 year (180 months) term with a 10 year draw
  • Rate Adjusts Quarterly on the first day of January, April, July and October
  • No caps on adjustments / Maximum Annual Percentage Rate 18%
  • Minimum Loan: $7,500
  • Maximum Loan: $100,000
  • Minimum First Draw: $1000
  • Minimum Subsequent Draw: $500

Call for current rate.

Fixed Rate Equity
  • Minimum Loan: $7,500
  • Maximum Loan: $100,000

Call for current rate.

Equity Calculation

90% of appraised value, 80% of property valuation assessment

DCTFCU NMLS# 449421
Karen Volk NMLS# 649106
Sandy Hicks NMLS# 48577

Loan Calculator Mortgage Calculator
MortgageLoan

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Cars, Trucks, Vans, & Motor Homes

After shopping around for the best deal on a vehicle, don’t be held up waiting for financing. Get approved—or pre-approved—quickly at Daviess County Teachers FCU. With a DCTFCU Auto Loan, we offer you:

  • Competitive rates
  • Up to 100%
  • “Insist On It” Indirect Lending

 

Personal Loans

When you need a loan—large or small—for any reason, come to Daviess County Teachers FCU.  Why? Here are just a few reasons:

  • Low rates
  • Variety of loan products
  • Caring professionals

 

Personal Line of Credit Loans

A personal line of credit is perfect for those unexpected needs:

  • Low interest rates
  • Overdraft protection
  • No fees

 

Motorcycle, Boat, and Miscellaneous Secured Loans

Variety of rates and terms available

Consolidation Loans

A DCTFCU Consolidation Loan offers you:

  • Savings
  • Convenience
  • Choice

 

SKIP A PAY

Need a break?? Take advantage of our SKIP-A-PAY option. Download the form below if you would like to see about skipping any of your loan payments for one month.

SKIP A PAY FORM

IRAs

What do you want out of retirement? Do you want to travel? Do you want to retire early? Or do you simply want a secure source of adequate income?

Whatever your retirement goals, a DCTFCU Individual Retirement Account (IRA) can help you reach those goals.

DCTFCU IRAs offer you:

  • Long-term savings with compounding dividends
  • Funds insured up to $250,000
  • Automatic deposits allowed
  • May rollover retirement funds
  • Easy set up

Traditional IRA Accounts (Accumulative & Certificates)

Whether retirement is in your near future or still years away, it’s always the right time to plan for retirement. And a DCTFCU Traditional IRA is an essential part of your plan.

Take advantage of the Traditional IRA benefits:

  • Dividends paid monthly on accumulative accounts
  • Dividends paid quarterly on certificates
  • Earn tax-deferred, compound interest on your money
  • Deposit up to $5000 for the current tax year
  • For age 50 and older, deposit up to $6000 for the current tax year
  • Begin penalty-free withdrawals as early as age 59½
  • Continue tax-deferred deposits as late as age 70½
  • Begin withdrawing funds at age 70½

Take penalty-free early distributions for education or a first-time home purchase (you must still pay taxes on the money you withdraw)

Check with our savings representatives for further information about distribution and deductibility rules

Roth IRA Accounts (Accumulative & Certificates)

If you’d rather pay taxes on your retirement income now rather than later, consider DCTFCU’s Roth IRA.

  • Competitive rates
  • Dividends paid monthly on accumulative accounts
  • Dividends paid quarterly on certificates
  • Earnings may be tax-free after meeting the five-year rule
  • Deposit up to $5000 for the current tax year
  • For age 50 and older, deposit up to $6000 for the current tax year

Withdraw the earnings tax-free after five years if:

  • You are 59½ or older, or
  • You are a first-time home buyer, or
  • You are disabled, or
  • You are a beneficiary of the deceased owner

Check with our savings representatives for further information about a Roth IRA account.

*Penalties may apply for early withdrawal.

Coverdell Education Savings Account

Start saving now for a child’s education with a DCTFCU Coverdell Education Savings Account (ESA).

  • Dividends paid quarterly
  • Deposit up to $2000 per year for each child under 18
  • Withdraw money tax and penalty free as long as it is used for education (K-12, College, Technical School, etc.)
  • Withdrawals are tax-free since deposits are made after taxes
  • Funds not used may be rolled into a family member’s Coverdell without penalty
  • Funds must be withdrawn by age 30 (unless disabled), penalties may apply

Check with our savings representatives for further information about a Coverdell Education Savings Account.

We Now Offer Investment Guidance!

We now offer investment advice thought the Investment Guidance Center at Cuna Mutual Group.

  • This team is Series 7 and 66 licensed and are affiliated with CBSI as the Broker/Dealer, meaning we have all the tools available to offer any type of investment vehicle a customer would be interested in.
  • Their focus is solely on doing what’s right for the individual, which is why the advisors are more salaried than commissioned.  This also allows them to take the time to work with an individual and understand what is best for the person.
  • There isn’t a minimum asset threshold that members need to work with our advisors.

Investor Guidance Center

To contact the Investor Guidance Center, call 888.888.3940 (Monday through Friday, 7 a.m. to 5 p.m., CT) or email [email protected]

Account Access

Your personal branch at Daviess County Teachers Federal Credit Union is always open. Available seven days a week, 24 hours a day, our online Account Access gives you the freedom to coordinate your finances, according to your schedule.

A complete range of transactions and account services is as close as your desktop or laptop. And the service is FREE. With DCTFCU’s online Account Access, you can do the following and more:

  • View transactions for each of your accounts
  • Make all your DCTFCU loan payments
  • Transfer funds within your DCTFCU accounts
  • Transfer funds to another DCTFCU member’s account

Whether you’re at home, working, or on the road, using Account Access to manage your finances is fast, free, and secure. Account Access simply saves you time and money.

To login to Account Access, all you need is your account number and a password, which you will assign upon your first login.  To set your account up for online Account Access, call a Member Service Representative.  We will be happy to process your request.

Click here to login to Account Access

Audio Teller

So, as the story goes, you’ve got about a gazillion things to do and only 24 hours a day to do it in, and that’s if you give up sleep (which, lets face it, may be a consideration). Many will say you can only do your banking during standard business hours. Not at Daviess County Teachers FCU. We understand standard business hours are often filled with other business. From getting cash to making transfers to paying bills, we can give you personal service on your time schedule. What could be more personal than doing your banking any day at any time, when it works for you.

  • Use your telephone to conduct transactions
  • 24-hours a day, 7-days a week
  • Easy and convenient
  • Perform frequent transactions:
    • Loan payments
    • Transfer funds
    • Balance information
    • And much more!

To access the audio teller, simply dial our regular phone number and press #2 on your phone.

Direct Deposit/Payroll Deduction

Have your paycheck automatically deposited into the account(s) of your choice.

Additional Services

Daviess County Teachers FCU is the one stop financial gallery. We do more than store your money: we offer insurance, auto services, safe deposit boxes, cashiers’ checks, notary service and investment services. Our employees are even nice, so go ahead and add good service to this list.

  • Safe Deposit Boxes
  • Cashiers Checks
  • Free Notary Service
  • Discount Amusement Park Tickets
  • Visa® Gift Cards
  • Visa® Travel Cards

Other Services

Other Ways Being a Member Benefits You!