DOCO Credit Union

Checking And Savings


CHECKING ACCOUNT OPTIONS
Account Type Features & Benefits
Classic Checking (ages 18 - 54)
  • FREE! No monthly service charge
  • Unlimited check writing with no per check charges
  • No minimum balance
  • Account balances earn a competitive dividend rate
  • Automatic drafts can be established for insurance, home mortgages, loans, etc.
  • Accounts can be owned jointly
  • A wide variety of check styles and accessories are available and can be ordered online
  • Overdraft Protection & Priilege Protection services are available to protect you from embarrassing overdrafts
Classic Plus Checking (ages 55+)
  • All of the features of Classic Checking listed above
  • Free checks (Your first set of complimentary checks must be ordered by a credit union representative.)
Fresh Start Checking
  • A special account designed for members who truly need a fresh start. Check with the credit union for full details.
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SAVINGS & INVESTMENT OPTIONS
Account Type Features & Benefits
Regular Share Savings
  • Account balances earn a competitive dividend rate.
  • Unlimited withdrawals & deposits
  • Minimum account balance of only $5.00 ensures membership for life.
  • FREE Life Savings Insurance is provided on account balances up to a maximum of $2,000 depending on member's age at the time money is invested and member's account balance.
  • Accounts can be owned jointly (Accounts for minors must have a joint owner, who is not a minor.)
  • Youth Savings
  • Piggy Bankers Club
    (Ages 2 & Under)
  • Coindexter Club for Kids
    (Ages 3-12)
  • CU Succeed Teens Financial Network (Ages 13-17)
  • Same features and benefits of Regular Share/Savings account listed above
  • A joint owner must be associated with the account until the account holder reaches age 18
  • Based on age level, account holder will receive specialized mailings throughout the year to promote healthy savings habits and smart financial behavior.
Christmas Club Savings
  • Account balances earn a competitive dividend rate
  • Savings term is November 1 through October 31, and funds automatically transfer to Regular Share Savings at the end of the term for easy access
  • A small, early withdrawal penalty encourages savings
  • No minimum account balance
  • No minimum or maximum deposit amount
  • Accounts can be owned jointly
Vacation Club
  • Account balances earn a competitive dividend rate
  • Savings term is May 1 through April 30, and funds automatically transfer to Regular Share Savings at the end of the term for easy access
  • Vacation Club accounts are allowed 1 anytime withdrawal during the term
  • No minimum account balance
  • No minimum or maximum deposit amount
  • Accounts can be owned jointly
Share Certificate
  • Pays a competitive dividend rate, which is fixed for the term of the certificate with a minimum deposit of $500
  • Various dividend payment methods & terms are available
  • Can be used for your Individual Retirement Account (IRA) with a minimum investment of only $500
  • IRA (Individual Retirement Account)
  • Traditional
  • Roth Traditional
  • Coverdell Educational
  • IRA Share Certificate
  • Pays a competitive dividend rate
  • Minimum investment is only $50.00 for regular deposit account or $500 for fixed term account
  • May qualify as a tax deferred account (See your tax advisor for current IRS guidelines.)
  • Provides additional income during retirement years
Preferred Money Market
  • Pays a higher yield, monthly dividend fluctuating with money market fund on balances of $2,500+
  • Check-writing capabilities are available for convenient access to funds
  • Minimum beginning deposit of $2,500
  • Funds may be deposited to account at any time
  • Allowed 6 withdrawals per month (Minimum withdrawal amount is $250.)
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