Digital Federal Credit Union
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1979 |
| Headquarters | Marlborough , United States |
Area served | Nationwide (all 50 states) |
| Products | Savings, checking, consumer loans, mortgages, credit cards, investments |
| Website | www |
Digital Federal Credit Union (DCU) is a credit union headquartered in Marlborough, Massachusetts. With a membership exceeding 1,025,000 individuals, it stands as the largest credit union by assets in New England, overseeing assets valued at over US $9.9 billion. DCU operates under the supervision of the National Credit Union Administration (NCUA).
The credit union runs nineteen full-service branches throughout Massachusetts and an additional four locations in New Hampshire, serving members nationwide across all 50 states. Its portfolio includes offerings such as savings, checking, various consumer loans, mortgages, credit cards, and investments.
On September 30, 2024, DCU revealed plans to merge with First Tech Credit Union. The merged organization will maintain DCU’s charter but will adopt the First Tech brand name, subject to NCUA approval. The integration process is anticipated to complete by late 2025. This consolidation will result in creating the sixth-largest credit union in the United States based on assets and establish a nationwide branch presence.
History
Chartered in 1979 to serve employees of Digital Equipment Corporation, DCU was established following concerns raised with CEO Ken Olsen regarding challenges in obtaining mortgage financing.
Originally founded as a commercial bank catering to both individuals and businesses, DCU has since broadened its range of financial products to encompass checking and savings accounts, credit cards, student and personal loans, mortgages, auto financing, and commercial lending services.
In 2025, DCU launched a credit-builder loan product designed to assist members in enhancing their credit scores while simultaneously accumulating savings.