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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Avenue Reserve Savings

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Regular Checking

Avenue Reserve Savings

Meet the perfect partner to your Avenue Cruise or Avenue Drive checking account. When you link free Avenue Reserve Savings, enjoy seamless transfers of your checking earnings and high interest every month you qualify.
Details
  • Free account that builds your savings effortlessly
  • Links to free Avenue Cruise and Avenue Drive checking accounts
  • Automatic transfers of Avenue Cruise or Avenue Drive earnings
  • 00% APYon balances as much as $100,000
  • 00% to 1.25% APY on balances over $100,000 depending on balance in account
  • 05% APYon all balances if qualifications are not met in Avenue Cruise or Avenue Drive
  • No monthly service fee
  • No minimum balance to earn rewards
  • $5 minimum deposit to open

Qualifications to Earn the Higher Rate

Qualifying for your Avenue Cruise or Avenue Drive rewards automatically qualifies you for the highest Avenue Reserve Savings rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Avenue Cruise or Avenue Drive Checking account during each Monthly Qualification Cycle:
  • At least 12 debit card purchases
  • At least 1 direct deposit, ACH payment, or ACH credit transaction
  • Be enrolled in and agree to receive E-Statements

And if you don’t meet these qualifications, don’t worry — your accounts are still free. Plus, you’ll still earn our base rate on Avenue Reserve Savings. And you can get right back to earning your full rewards the very next cycle that you qualify.

Community Checking
Avenue Reserve Savings