What are the current interest rates at Direct Federal Credit Union?

Current rates for Direct Federal Credit Union include: 12-Month CD: 2.95%, 24-Month CD: 3.20%, 60-Month CD: 3.50%, Savings: 3.50%, MMA: 2.20%

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Direct Federal Credit Union

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Direct Federal Credit Union Rates & Review October 2026

Q: Is a member application needed to join Direct Federal Credit Union?

Yes, to access services at Direct Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Direct Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 12, 2026

Direct Federal Credit Union's top rates as of October 12, 2026 are 3.75% APY on its 6 Month CD - Jumbo, 3.50% APY on savings, 2.20% APY on money market accounts, auto loans from 6.14% APR, and credit cards from 8.74% APR, according to rates verified by MonitorBankRates. Other Direct Federal Credit Union CD rates include 6 Month CD at 3.70%, 9 Month CD - Jumbo at 3.65%, and 9 Month CD at 3.60%. MonitorBankRates evaluates the financial stability of Direct Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.68%. Rates last updated and verified on 10/12/2026.

Direct Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Direct Federal Credit Union? Share your experience about Direct Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Direct Federal Credit Union.

Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

2.68%

Excellent Lower than avg

Health Trend

Improving 12 quarters

Full history ›

Direct Federal Credit Union
Main Branch

50 Cabot St
Needham, MA 02494

https://www.direct.com

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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Direct Federal Credit Union CD Rates

Product	Rate	APY	Term
6 Month CD Share Certificate - Jumbo	3.68%	3.75%	6 months
Min Deposit $250 Min Balance $100,000 Details Jumbo rate for deposits of $100,000 or more; APY assumes Direct Advantage Checking, without it APY is 0.10% lower Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.75% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
6 Month CD Share Certificate	3.63%	3.70%	6 months
Min Deposit $250 Details Dividends compounded daily; APY assumes Direct Advantage Checking, without it APY is 0.10% lower; Dividend rate applies to standard balances Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.70% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
9 Month CD Share Certificate - Jumbo	3.58%	3.65%	9 months
Min Deposit $250 Min Balance $100,000 Details Jumbo rate for deposits of $100,000 or more; APY assumes Direct Advantage Checking, without it APY is 0.10% lower Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.65% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
9 Month CD Share Certificate	3.53%	3.60%	9 months
Min Deposit $250 Details Dividends compounded daily; APY assumes Direct Advantage Checking, without it APY is 0.10% lower; Dividend rate applies to standard balances Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.60% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
60 Month CD Share Certificate - Jumbo	3.49%	3.55%	60 months
Min Deposit $250 Min Balance $100,000 Details Jumbo rate for deposits of $100,000 or more; APY assumes Direct Advantage Checking, without it APY is 0.10% lower Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.55% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
60 Month CD Share Certificate	3.44%	3.50%	60 months
Min Deposit $250 Details Dividends compounded daily; APY assumes Direct Advantage Checking, without it APY is 0.10% lower; Dividend rate applies to standard balances Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.50% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
36 Month CD Share Certificate - Jumbo	3.25%	3.30%	36 months
Min Deposit $250 Min Balance $100,000 Details Jumbo rate for deposits of $100,000 or more; APY assumes Direct Advantage Checking, without it APY is 0.10% lower Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.30% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
48 Month CD Share Certificate - Jumbo	3.25%	3.30%	48 months
Min Deposit $250 Min Balance $100,000 Details Jumbo rate for deposits of $100,000 or more; APY assumes Direct Advantage Checking, without it APY is 0.10% lower Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.30% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
24 Month CD Share Certificate - Jumbo	3.20%	3.25%	24 months
Min Deposit $250 Min Balance $100,000 Details Jumbo rate for deposits of $100,000 or more; APY assumes Direct Advantage Checking, without it APY is 0.10% lower Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.25% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
36 Month CD Share Certificate	3.20%	3.25%	36 months
Min Deposit $250 Details Dividends compounded daily; APY assumes Direct Advantage Checking, without it APY is 0.10% lower; Dividend rate applies to standard balances Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.25% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
48 Month CD Share Certificate	3.20%	3.25%	48 months
Min Deposit $250 Details Dividends compounded daily; APY assumes Direct Advantage Checking, without it APY is 0.10% lower; Dividend rate applies to standard balances Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.25% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
24 Month CD Share Certificate	3.15%	3.20%	24 months
Min Deposit $250 Details Dividends compounded daily; APY assumes Direct Advantage Checking, without it APY is 0.10% lower; Dividend rate applies to standard balances Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.20% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
12 Month CD Share Certificate - Jumbo	2.96%	3.00%	12 months
Min Deposit $250 Min Balance $100,000 Details Jumbo rate for deposits of $100,000 or more; APY assumes Direct Advantage Checking, without it APY is 0.10% lower Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.00% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
15 Month CD Share Certificate - Jumbo	2.96%	3.00%	15 months
Min Deposit $250 Min Balance $100,000 Details Jumbo rate for deposits of $100,000 or more; APY assumes Direct Advantage Checking, without it APY is 0.10% lower Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 3.00% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
12 Month CD Share Certificate	2.91%	2.95%	12 months
Min Deposit $250 Details Dividends compounded daily; APY assumes Direct Advantage Checking, without it APY is 0.10% lower; Dividend rate applies to standard balances Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 2.95% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
15 Month CD Share Certificate	2.91%	2.95%	15 months
Min Deposit $250 Details Dividends compounded daily; APY assumes Direct Advantage Checking, without it APY is 0.10% lower; Dividend rate applies to standard balances Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 2.95% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%

Direct Federal Credit Union Savings Rates

Product	Rate	APY
High-Yield Savings	3.44%	3.50%
Min Deposit $0 Min Balance $50,000 Details Balance: $50,000+; New money only; APY assumes paired Direct Advantage Checking (without it, APY 0.10% lower) Last Updated 10/12/2026 Rate History No change since Sep 20, 2026 · 3.50% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
High-Yield Savings	3.25%	3.30%
Min Deposit $0 Min Balance $5,000 Details Balance: $5,000 - $49,999.99; New money only; APY assumes paired Direct Advantage Checking (without it, APY 0.10% lower) Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 3.30% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
Savings Account - Member Savings	-	0.10%
Details No monthly fees; No maintenance fees; First $5 is deposited by us Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 0.10% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%
Savings Account - Secondary Savings	-	0.10%
Details Access to unlimited savings accounts; Great for Vacation and Holiday savings; No monthly fees; No maintenance fees Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 0.10% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%

Direct Federal Credit Union Money Market Rates

Product	Rate	APY	View More
Premium Money Market	2.18%	2.20%
Min Deposit $500 Min Balance $25,000 Details Balance: $25,000+; APY shown assumes paired with active Direct Advantage Checking; without it, APY is 0.10% lower; minimum daily balance of $25,000 to earn stated APY; rates effective as of 12/31/2025 Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 2.20% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%

Direct Federal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term	View More
Auto Loan	-	-	6.14%
Details $387 Savings Over 5 Years; Direct FCU 6.14% APR; Massachusetts Avg 6.60% APR (average, not a Direct FCU rate) Last Updated 10/12/2026 Rate History 1 change since Sep 12, 2026 · 5.79% → 6.14% ▲ 0.35 pts · high 6.14% / low 5.79% Oct 4, 20266.14%▲ from 5.79% Sep 12, 20265.79%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%

Direct Federal Credit Union Credit Card Rates

Product	Rate	APR	View More
Credit Card	-	8.74%
Details $871 Savings Over 3 Years; Massachusetts Avg 14.54% APR (average, not a Direct FCU rate) Last Updated 10/12/2026 Rate History 1 change since Sep 12, 2026 · 8.49% → 8.74% ▲ 0.25 pts · high 8.74% / low 8.49% Oct 4, 20268.74%▲ from 8.49% Sep 12, 20268.49%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.68%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Direct Federal Credit Union’s Texas Ratio fell from 5.22% in Q3 2023 to 2.68% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$795M	2.68%	5.0	A+
March 31, 2026	$790M	2.96%	5.0	A+
December 31, 2025	$786M	3.92%	5.0	A+
September 30, 2025	$784M	2.62%	5.0	A+
June 30, 2025	$789M	3.56%	5.0	A+
March 31, 2025	$806M	4.00%	5.0	A+
December 31, 2024	$805M	3.85%	5.0	A+
September 30, 2024	$800M	5.20%	5.0	A+
June 30, 2024	$824M	5.00%	5.0	A+
March 31, 2024	$840M	5.03%	5.0	A+
December 31, 2023	$836M	7.22%	5.0	A
September 30, 2023	$815M	5.22%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Direct Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Direct Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Direct Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Direct Federal Credit Union

Website https://www.direct.com

Address 50 Cabot St, Needham, MA 02494

Phone 781-433-2900

Fax 781-455-9911

President Meredith Hoban Dunn

CEO Joseph Walsh

Full-Time Employees 71

Part-Time Employees 8

Branch Locations 1

ATM Locations 0

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

2.68%

Return on Assets (ROA)

0.0923%

Return on Equity (ROE)

0.8124%

Non-Performing Loans Ratio (NPL)

0.36%

Total Assets

794,726,297

Total Amount of Shares and Deposits

622,008,985

Total Shares and Deposits < 1 Year

550,506,842

Total Shares and Deposits 1 3 Years

65,878,065

Total Shares and Deposits > 3 Years

5,624,078

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

65,232,089

Total Uninsured Shares and Deposits > $250K (F+J)

65,232,089

Total Insured Shares and Deposits > $250K (item 17 less item K)

556,776,896

Total Interest Expense (Sum of items 6 8)

8,847,054

Share Certificates

4,092

Number of Accounts for Share Drafts

7,023

IRA KEOGH Accounts

1,191

Number of Accounts for Regular Shares

25,171

Non Member Deposits

Money Market Shares

3,533

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

40,865,154

Total Liabilities

704,409,887

Source: NCUA — Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Direct Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

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       width="160" height="160">
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Learn more about the MBR Health & Safety Badge program on our methodology page.

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Frequently Asked Questions About Direct Federal Credit Union

How many branches does Direct Federal Credit Union operate?

Direct Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Direct Federal Credit Union?

Yes, to access services at Direct Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Direct Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Direct Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Direct Federal Credit Union offer online and mobile banking?

Most modern institutions like Direct Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.direct.com.