HOME EQUITY

PRIME MINUS .50% FOR LIFE

LINE OF CREDIT

$0 Origination Fee

2.75

%
APR

7

Flexible Terms

Quick Closing

PRIME -.50%

10 Year Draw

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EMPLOYEE BENEFIT

Direct@Work is a bank-at-work program the helps employees achieve FINANCIAL WELLNESS. Through this benefit, employees can become educated on various financial topics through three channels: online courses, on-site workshops, and one-on-one appointments. Managing your finances can cause stress for employees and their families. Our Direct@work program allows employees to have a financial resource that can assist them with developing an action plan on how to meet their financial goals. Through this process, our representative will work with individuals on reviewing their credit report, developing a budget, assess current products & services, and much more. Our goal through this program is to ensure employees are earning and saving the most each month and are in their best financial outcome.

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THIS FREE BENEFIT IS ALSO AVAILABLE TO YOUR FAMILY MEMBERS

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EXCLUSIVE CD RATES

24

6

30

MONTH CD
.35% APY

MONTH CD
.60% APY

MONTH CD
.65% APY

1

1

1

STANDARD DIRECT RATE: .25 APY

STANDARD DIRECT RATE: 0.50% APY

STANDARD DIRECT RATE: .55% APY

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AUTO LOAN DISCOUNT

New - Used - Refinance


Employees Receive A 0.25%

Discount Off Approved Rate

AS LOW AS

1.99

%
APR

2

BASED ON 63 MONTH TERM

Learn More Rate Table Does not Reflect Discount.

Contact Your Direct@Work Rep With Any Questions

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PREMIUM MONEY MARKET

Competitive Rate


6 Free Withdrawals Per Month By Check

.40

%
APY

3

MINIMUM TO EARN INTEREST IS $25,000

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VISA BALANCE TRANSFER INTRO OFFER

No Balance Transfer Fee


No Annual Fee


Market-Leading Purchase Rates

0

%
APR

4

FOR 6 MONTHS

THEN ONLY

4.99

%
APR

4

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MORTGAGE DISCOUNT

Terms  From 5 - 30 Years
$50,000 - $2,000,000


Quick Application


No Hidden Fees

RECEIVE

500

$

6

OFF CLOSING COSTS

Save additional $450

HOME EQUITY

PRIME MINUS .50% FOR LIFE

LINE OF CREDIT

$0 Origination Fee

2.75

%
APR

7

Flexible Terms

Quick Closing

PRIME -.50%

10 Year Draw

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HUB CHECKING ACCOUNT
For New Employees AND Existing Employees

Looking To Set Up Direct Deposit Or Switch Your Current Checking Account?

Features

Unlimited reimbursement of all ATM fees and surcharges 

Free access to ATM's worldwide​

No minimum balance requirements

No monthly service fees

Unlimited free standard checks

Discounts on Direct Federal loan products


Access to Person to Person payments for transferring money to anyone at ANY bank

Robust Mobile Wallet solution including Apple Pay, Google Pay, Samsung Pay and more

5

Eligibility

Agree to receive your monthly statement through email (e-statements)
AND

  • One direct deposit into your account a month
    OR
  • Use your debit card five times in one month
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SMARTSTART PROGRAM

Looking To Build Your Credit?

First-Time Homebuyer


Auto Loans


Personal Loans


Credit Cards

Our SmartStart Personal Loan, Auto Loan, and Visa Card are designed to give members with little to no credit history a loan that will not only assist them in reaching their goals, but do so with an affordable monthly payment. 

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CONTACT

Financial Wellness Program

  • On-site educational workshops

  • Wide range of online courses  

  • Access to topic experts

On-site + Personalized Service

  • On-site remote account openings

  • On-site Q&A on products & services

  • Assist with direct deposit

  • One-on-one appointments

  • Participation in benefits fairs and open enrollment sessions

 

Employee Rewards Program

  • Each employee receives $50.00

  • An additional 0.25% off of our market-leading auto loan rates

  • Premium rates on CDs

  • $500 off closing costs

  • Seasonal specials throughout the year


Doreen Gorman

Business Development Specialist

dgorman@direct.com

781.433.2992

Want to stay up to date on our Direct@Work exclusive perks? 

Sign up for our newsletter!

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PARTNERS

1| CD Accounts: Annual Percentage Yield (APY). The APY and dividend rates are effective as of 03/19/21 and may change at any time without notice. Minimum deposit of $250.00 required to open and earn APY. The APY for all Share Certificates assumes the dividend will remain in the account until maturity. Withdrawal of dividends prior to maturity will reduce earnings. A penalty will be imposed for withdrawal of principal before maturity.


2| Auto Loans: The rate listed is the Annual Percentage Rate (APR). The APR is effective as of 4/20/21 and subject to change. Maximum loan amount is $100,000.00. Maximum loan-to-value is 120% of the MSRP (new autos) or NADA Value (used autos). Other terms and conditions may apply. Rates vary based on term, credit score and model year. Subject to credit approval. Minimum $25,000 for loans greater than 75 months. Please contact us for details.


3| Premium Money Market Account: Annual Percentage Yield (APY) is 0.40%. The Premium Money Market APY and Dividend Rate are in effect as of 03/19/21. This offer may be discontinued by the Credit Union at any time. The minimum deposit to open a Premium Money Market Account is $500 and there is a minimum daily balance of $25,000 to earn the stated APY. If the balance in the Premium Money Market Account falls below $25,000 for any day during the month, no interest will be paid for that dividend period. The daily balance is the balance of your Account at the end of the day. Fees may reduce earnings. New money only. Federally insured by the NCUA.


4| Visa Credit Card: Introductory Annual Percentage Rate (APR) of 0.00% is for balance transfers for the first 6 monthly billing statements, then the APR will be a low variable rate of Prime Rate plus 1.74%, currently 4.99%. The 4.99% APR is variable and is equal to The Wall Street Journal Prime Rate + 1.74%. The APR will be adjusted on the first day of each billing month by adding 1.74% (the “margin”) to The Wall Street Journal Prime Rate as published on the last business day of the preceding calendar month (the "index"). This rate is available for balance transfers only. Balance transfers can not be used to pay down an existing Direct Federal loan balance.


5| HUB Checking Account: Hub Checking is available to anyone who meets our simple membership requirements. To receive all the great benefits of Hub Checking, we simply ask you to agree to receive your monthly statement through email (e-statements) and have EITHER one direct deposit into your account a month OR use your debit card five times in one month.


6| Mortgages: $500.00 off closing costs applies for purchase or refinances for fixed or ARM products


7| Home Equity Line of Credit: The rate listed is the Annual Percentage Rate (APR) which is variable and is equal to the Wall Street Journal prime rate minus 0.50%, subject to a minimum rate of 2.75% and a maximum rate of 18% or the maximum rate permitted by law, whichever is less. Prime as of 08/01/20 was 3.25%. This APR is available for new home equity lines only. Line must be secured by a 1-4 family home or condo. Primary residences only. Maximum loan to value is 80%. A $395 fee will be assessed if the line is closed within the first two years. Rates are subject to change. Property insurance will be required. Subject to credit approval.

Equal Opportunity Lender. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

© 2021 DIRECT FEDERAL CREDIT UNION