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Rates & Fees
How it all works, and works for you
As member and owner, you’ll share in Dupaco’s success. The more business we do, the better off you’ll be, with even lower loan rates and even greater dividends. And you’ll be glad to know your money stays local, right here in the community, for others to share.
Loans: Share the wealth
In the language of credit unions, your savings account is called a “share account.” Your savings account is your “share” of Dupaco, which, much like a share of stock, makes you an owner of the company. It’s also a “share” because you will share that deposit with other Dupaco owners. In other words, we loan out the money you deposit to other members.
Dividends: Get a piece of the action
After we loan out your money to other owners, you get a portion of the earnings from interest, proportionate to your deposit. Here’s how it works: We deduct our operating expenses and put money into our reserves, and then you’ll get some back in the form of dividends added to your account. When we have surplus earnings, we return them to you, our owners, through:
- Lower loan rates
- Higher dividends
- Enhanced access, such as more branches, ATMs, electronic services, and more
- New low- or no-fee programs and products
Do more—and you’ll get more.
It pays to be a Dupaco member in so many ways. The more business you do with Dupaco, the better your loan rates will be. If you already have several Dupaco qualified services, you may be eligible to receive bonus discounts off our already low rates, when you apply for a new consumer loan. It’s our Cooperative Loan Giveback program and it’s part of what makes Dupaco different from a bank. When we work together, it’s always in your best interest.
*The Cooperative Loan Giveback amount is based on credit union account relationship and is subject to credit qualification. On loans of $5,000 or more.
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