Life’s Unpredictable.
Checking Shouldn’t Be.
Personal checking at Dearborn Federal Savings Bank never lets you down.
With fast, reliable online and mobile banking and our committment to providing affordable products and services, you can rest assured you’ll have the funds you need for whatever life brings your way.
Click below for a breakdown of the checking account rate chart containing information about interest rates and annual percentage yields (APY).
Debit Cards
Dearborn Federal Savings Bank offers Debit Cards that are accepted everywhere you can use a Mastercard or debit card.
- Securely make purchases – including over the phone and online
- Contactless payment capabilities for convenience and quicker transactions
- Linked to interest-earning and non-interest-earning transaction accounts.
- You do not pay interest charges because you are using your money
- Easily verify your transaction activity via online banking or from the mobile app
- Daily debit purchases of up to $2,500 per day
- ATM withdrawals of up to $500 per day from ATMs worldwide
You may also visit a local DFSB branch to complete your application in person.
For additional details, please review the DFSB Debit Card Disclosure.pdf
Gift Cards
Dearborn Federal Savings Bank checking and savings account holders have the great opportunity to purchase gift cards in any of our 5 branch locations.
For only $4.95 per card, the Dearborn Federal Savings Bank gift card is convenient financial tool for any occasion. Perfect for birthdays, holidays, or milestones, it offers flexibility and ease of use and is generally usable anywhere major debit cards are accepted. See disclosures for more information regarding fees and terms.
Regular Checking
Dearborn Federal Savings Bank offers an attractive interest-bearing checking account. Compare. You will soon discover the tremendous value customers have enjoyed for years.
- $200 minimum opening deposit
- Maintain a $400 minimum daily balance to earn interest and avoid fees
- No per check fees – a flat $5 monthly service fee if the average daily balance is not attained
- Service charged waived for customers age 60 and over
- Interest compounded and paid to the account monthly
- First 20 checks provided free of charge
Click below for a breakdown of the Regular Checking rate chart containing information about interest rates and annual percentage yields (APY).
Community Checking
Your community banking institution is proud to offer a truly “free” checking account. Say “goodbye” to monthly service fees and minimum balance requirements. Say “hello” to Community Checking.
- Suggested $200 minimum opening deposit
- No interest is paid on this account type
- No minimum balance to maintain; no monthly fee or per check charges
- First 20 checks provided free of charge
Insured E-Z Access Fund
Investors have the opportunity to earn money market rates while enjoying easy access and “peace of mind” knowing their funds are federally insured to the maximum amount allowed by law.
- $2,500 minimum opening deposit
- Maintain a $400 minimum daily balance to earn interest and avoid fees
- No per check fees – a flat $5 monthly service fee if the average daily balance is not attained
- Service charged waived for customers age 60 and over
- Rate of interest paid based on balance in the account; Interest compounded and paid to the account monthly
- No limit to withdrawals made in person or by mail. Pre-authorized transfers, which include those made by check, draft, debit card, ACH or similar order made by the depositor, are limited to no more than six per statement cycle.
Reordering Checks?
Already have an account and need to reorder some checks?
The Interest Rate and Annual Percentage Yield may change after account opening. Fees could reduce earnings on the account. All accounts are insured by the FDIC to the maximum amounts allowed by law based on account ownership.