Whether it's online, in person or on the phone, our team focuses its talent and resources to bring you highly personalized service.
Headquartered in Dearborn, Michigan, our full-service branches in Michigan and Florida are staffed by local financial specialists uniquely qualified to help members and businesses achieve important financial milestones. We’re committed to our members--and the communities we serve--who have continued to support us for 75 years.
History
Founded in 1950 as Ford Engineering Employees Federal Credit Union—with just seven members and a cigar box holding $35—DFCU Financial has grown into a $7 billion organization serving more than 240,000 members.
Early on, DFCU gained recognition as an industry innovator. In 1958, it became the first credit union to introduce a revolving signature loan. The 1960s brought growth and name changes as DFCU expanded to two thriving branches. In 1974, it became one of only three U.S. credit unions to pilot share draft (checking) accounts, and in 1975, co-founded Service Center Corporation, the nation’s first shared credit union branching and ATM network.
By 1978, membership reached 100,000 with the debut of DFCU’s first ATM. The credit union launched discount brokerage services through Dearborn Financial Services in 1984 and continued to innovate throughout the 1990s—introducing online banking in 1999 and surpassing $1 billion in assets.
The 2000s marked expansion and a new name—DFCU Financial—reflecting a broader membership beyond Dearborn. Mergers in 2008 (CapCom Credit Union) and 2010 (MidWest Financial) extended DFCU’s reach to Grand Rapids, Lansing, and Ann Arbor. In 2006, DFCU launched its signature Cash Back program, returning nearly $400 million to members since inception.
DFCU Financial Partners, established in 2001, has grown to 21 financial counselors managing $2.9 billion in assets for more than 22,000 clients.
DFCU entered Florida in 2023 with the acquisition of First Citrus Bank, adding $689 million in assets and expanding into the Tampa Bay region. That growth continued in 2024 with the addition of two former MidWestOne Bank branches in Southwest Florida. These strategic mergers catapulted the combined entity to new heights, boasting a total of $7.1 billion in assets and nearly $800 million in capital across its Michigan and Florida footprint. Most recently, the November 1, 2025 acquisition of Winter Park National Bank added a six-county Central Florida region—Orange, Seminole, Lake, Osceola, Volusia, and Sumter counties—further strengthening DFCU’s Florida presence.
Today, DFCU serves members across Metro Detroit, Ann Arbor, Lansing, Grand Rapids, and throughout Florida’s West, Southwest, and Central regions, open to anyone who lives, works, or studies in Michigan’s Lower Peninsula or in 15 Florida counties from Tampa Bay through Central Florida.
Financial Performance
Review-DFCU-Financial-Performance as of December 31, 2024
Review-DFCU-Financial-Performance as of December 31, 2023
Review-DFCU-Financial-Performance as of December 31, 2022
Review-DFCU-Financial-Performance as of December 31, 2021
Review-DFCU-Financial-Performance as of December 31, 2020
Review-DFCU-Financial-Performance as of December 31, 2019
Review-DFCU-Financial-Performance as of December 31, 2018
Review-DFCU-Financial-Performance as of December 31, 2017
Annual Reports:
2024 Annual Report
2023 Annual Report
2022 Annual Report
2021 Annual Report
2020 Annual Report
2019 Annual Report
2018 Annual Report
2017 Annual Report
2016 Annual Report
2015 Annual Report
Share Insurance
The Dodd-Frank Wall Street Reform and Consumer Protection Act (signed into law on July 22, 2010) permanently increased NCUA insurance coverage to $250,000 in deposits. Click here for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance for more information on NCUA Share Insurance. Calculate what portion of your share account is insured by the NCUA and what portion (if any) exceeds coverage limits.