Best Credit Unions for February 2025
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Best Credit Unions for February 2025
Our Top Picks
Digital Federal Credit Union
Consumers Credit Union
Patelco Credit Union
Hanscom FCU
Service Credit Union
See More (2)
Why Trust Us
Methodology
Best Overall,
Best for Customer Satisfaction
:
Digital Federal Credit Union
Investopedia’s Rating
4.8
Digital Federal Credit Union
Membership Fee: $10High-Yield Accounts: Savings, MMAs, CDsOnline only: No
Open Account
Pros & Cons
Pros
Many account types available
High rates for savings, MMAs, and CDs
Highest overall customer satisfaction rating
No fee for out-of-network ATM withdrawals
Cons
$10 minimum fee to join credit union (unless you have an eligible affiliation)
Doesn’t offer high-yield checking
Why We Chose It
Digital Federal Credit Union (DCU) is our top-ranked credit union, thanks to its wide variety of useful account types and low fees. It also earned an excellent rating in Investopedia’s combined customer satisfaction score, which aggregates data from a variety of customer reviews.
DCU offers a free checking account that actually earns interest, although the rate is relatively low and it only applies to the first $1,000 on deposit. But it’s better than nothing, which is what you typically get with free checking. It’s similar with savings accounts, where DCU offers a great rate with its Primary Savings Account, but only for the first $1,000.
Still, DCU has other savings accounts and certificates of deposit (CDs) that don’t have those limits but do offer above-average rates, although they may not be quite as high as the best available high-yield savings accounts and high-yield CDs.
Despite its name, DCU maintains a number of brick-and-mortar branches, but only in Massachusetts.
Membership Options
Membership in Digital Federal Credit Union can be obtained in one of several ways:
Membership in a participating organization through a small donation, starting at $10 for membership in Reach Out for SchoolsIf you live, work, worship, or attend school in certain regions within Massachusetts: Chelmsford, Lowell, Tewksbury, or WorcesterIf you work for or retired from one of hundreds of eligible companiesIf you are an eligible relative of a DCU member
Best for High-Interest Checking
:
Consumers Credit Union
Investopedia’s Rating
3.1
Membership Fee: $5High-Yield Accounts: Checking, savings, CDsOnline only: No
Open Account
Pros & Cons
Pros
High APY for Rewards Checking account
Competitive rates for CDs
ATM fee reimbursements
Cons
Relatively few in-network ATMs (over 30,000)
$30 overdraft fee in some cases
No investing accounts available
Why We Chose It
We generally recommend high-yield savings accounts and CDs if you want to grow your savings, but some checking accounts can fit the bill, too. If you wan