Dear Members,
We have received reports from other financial institutions that there has been an increase in fraudulent activity. Fraudsters are claiming to be from financial institutions with the goal of getting your account and other identification information. If you receive an unsolicited call, email, or text from anyone claiming to be with Downey Federal Credit Union, feel free to call us at (562) 862-8141 to verify before providing any information.

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Money Smart

Build a foundation

Become Money Smart! Young adults ages 11-17, get started with managing money and expand your financial literacy with DFCU's Money Smart Account. Grow your savings, learn healthy finance habits, and prepare for the future.

  • Only $5 needed to open account
  • No monthly fee
  • Savings Account Earns View rates APY+
  • Access to special events and fun activities designed to help teach the value of financial literacy
  • Minors ages 13-17 can open a checking account with a parent or guardian as joint owner
  • Free ATM/Visa Debit card with parent (ages 13+)

Money$mart Activities

Interested in a Money Smart Account?

Simply provide your name and phone number and we’ll give you a call.

Call Request Form - Mobile

Or call us at 562.862.8141

Open a Money Smart Account
If you are already a DFCU member, simply call 562.862.8141 or email to open this account.

If you aren’t a DFCU member yet, visit our branch to open this account.
  • $5 minimum deposit to open and maintain account
  • No dividends for balances under $5; earns dividends on balances of $5 or more
  • Dividends compounded daily and paid monthly
  • Subject to Regulation D (6 withdrawals per month, including overdraft, without a signature)
  • No monthly fee
  • No fee to open

+APY as of 06/18/24