Effective April 2, 2026 – The City of Dearborn Heights has made the decision to discontinue all City tax and water payments at all Dearborn Federal Savings Bank locations. We will no longer be accepting payments.
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Comparison Chart

 Best For Really High Interest  Earn Cash Back 
ACCOUNT

AVENUE CRUISE CHECKING

OPEN IN MINUTES
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AVENUE DRIVE CHECKING

OPEN IN MINUTES
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Features
  • Free checking that pays high interest
  • 6.00% APY* on balances as much as $20,000
  • 6.00% to 1.42% APY on balances over $20,000 depending on balance in account*
  • 0.05% APY* on all balances if qualifications aren’t met
  • No minimum balance to earn rewards
  • Free checking that pays you back
  • Get 5.00% cash back on debit card purchases^
  • No category restrictions on purchases
  • Cash back earned on as much as $200 in purchases monthly
  • Earn as much as $120 cash back per year, $10 per month^
  • No minimum balance to earn rewards
Monthly Service Fee
$0 $0
Refunds on ATM Withdrawal Fees
Up to $25 monthly* Up to $25 monthly*
Free Online & Mobile Banking Access
Yes Yes
Minimum Opening Deposit
$5 $5