Posted by William Charles on March 23, 2019
Savings Accounts

Published on March 23rd, 2019 | by William Charles

2

[MI only] Dort Federal Credit Union 5% APY On Balances Up To $10,000

Offer at a glance

  • Interest Rate: 5% APY
  • Minimum Balance: None
  • Maximum Balance: $10,000
  • Availability: MI only [Branch locator]
  • Direct deposit required: Yes, $900+
  • Additional requirements: eStatements and 25 debit card transactions
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Insured: NCUA

The Offer

Direct link to offer

  • Dort Federal Credit Union is offering 5% APY on balances up to $10,000 when you meet the following requirements:
    • Receive a direct deposit of at least $900 per month
    • Enroll in eStatements
    • Have 25 posted debit card transactions to your account each month

Avoiding Fees

This account has no monthly fees to worry about

Our Verdict

The 5% APY rate is attractive, but that’s a lot of requirements especially when the maximum limit is only $10,000. Personally I think there are much better high yield savings accounts out there so I wouldn’t recommend this one.

 



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Betelgeuse
Betelgeuse

They had a 4% cd recently but not sure if it’s still available
https://dortonline.org/wp-content/uploads/2019/03/Dort-Federal-CU_4_Cert.pdf

Frito Pendejo
Frito Pendejo

My child is also named Dort

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