Share Savings Accounts
Our savings accounts are called "share accounts" because they are your share in the credit union. Whether you deposit $5 or $5,000, you have a voice and you have a vote.
Our traditional share account requires just $5 to open, and once you do so, you can use any other products and services you qualify for at the credit union.
Plus, you can start earning dividends immediately. They’re based on your average daily balance, and we credit them on the last day of each month. With our competitive rates it's a great place to keep your extra cash working for you while still having it on hand when you need it.
You can make deposits anytime, in person, by mail, via ATM or through direct deposit or payroll deduction.
Holiday & Vacation Accounts
We want to make saving for the holidays or a summer vacation easy for you — as easy as setting up a regular payroll deduction. Just tell us the amount you want to save each month, and we’ll put it in a savings account just for this purpose.
Withdraw your funds, plus the dividends earned, just in time for the holidays or that big vacation. Holiday funds will be automatically deposited into your primary share savings account on November 1, and Vacation funds are deposited to your account on June 1. (A penalty for early withdrawal insures you don’t spend it until you’re ready!)
Share Builder Account — Earn an Extra 1%!*
Saving money isn’t just about putting a few bucks in an account. It’s about building wealth and preparing for the future. If you’ve never had much savings before, it can be tough to get started. That’s why we offer savings builder accounts in partnership with Delaware's First State Saves Initiative.
With a Share Builder Account at AllyFed, you not only get a place to grow your money with higher dividends, you also get our commitment to teach you set financial goals, track spending, pay off debts and take control of your financial future.
Open A Share Builder Account Today!
- Pledge to save for a goal at www.firststatesaves.org. You can also elect to receive savings tips and advice via text message.
- Open a DAFCU Share Builder Account. When you make regular deposits, you’ll earn our regular share rate plus an extra 1%.* Once you’ve saved between $500 and $1,000, you can invest your savings in a share certificate and earn an extra .25% above the current rate.
Let's start savings! Have questions? Contact Us!
*Account limitations apply. If you withdrawal any of the balance at any time, we may impose a fee of up to 180 days dividends on the account and the account will be closed. You may make regular periodic deposits only. You may withdrawal, transfer or invest in a certificate account when your balance reaches $500. You must withdrawal, transfer or invest when your balance reaches $1,000.
All of our share accounts are insured up to $250,000 by the National Credit Union Administration, an agency of the U.S. government.