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Your Trusted Community Credit Union in Owensboro, KY
Daviess County Teachers Federal Credit Union has been rooted in the Owensboro community for over 50 years, operating as a member-owned financial institution dedicated to prioritizing customer needs. Our mission centers on delivering competitive banking products, personalized financial solutions, and community-focused services. With a commitment to financial literacy and local empowerment, we offer free checking accounts, low-interest loans, and educational resources tailored to individual and family needs.Our team of experienced professionals emphasizes transparency, ethical practices, and member-centric service, ensuring clients receive expert guidance for both immediate and long-term financial goals. Through initiatives like youth savings programs and community scholarships, we reinforce our dedication to fostering economic growth and financial stability in Daviess County and surrounding areas.
Services
Free Checking
Auto Loans
Mortgage Loans
Credit Cards
Savings Accounts
Personal Loans
IRAs
Online Banking
Financial Counseling
Youth Accounts
Highlights and features
- We offer free checking accounts with no hidden fees or minimum balance requirements
- Our member-owned structure ensures decisions prioritize community financial needs
- Financial literacy programs help families build generational wealth and stability
- Competitive loan rates for auto, mortgage, and personal financing options
- 24/7 access to online banking and mobile check deposit services
Associations and certifications
- NCUA
What people say
Exceptional member service
Competitive loan rates
Financial literacy programs
No hidden fees
Community involvement
Services
Free Checking
Our free checking accounts eliminate financial stress with no minimum balance requirements or maintenance fees. Enjoy 24/7 access through mobile banking, overdraft protection options, and nationwide ATM networks. Members receive debit Mastercards with purchase rewards and fraud protection features while maintaining complete control over their finances through customizable card controls.
Auto Loans
Competitive auto loan rates start at 5.50% APR for qualified borrowers, with terms up to 84 months for recent vehicle models. Our streamlined approval process allows same-day financing at participating dealerships through our Insist On It indirect lending program. Loan officers provide personalized guidance for new and used vehicle purchases, including motorcycles and recreational vehicles.
Mortgage Loans
Fixed-rate mortgage options include 15- and 20-year terms starting at 6.50% APR for primary residences. Home equity loans and lines of credit offer flexible financing solutions with loan-to-value ratios up to 90%. Our lending team assists with purchase and refinance transactions, providing detailed guidance through the entire mortgage process from pre-approval to closing.
Savings Accounts
Build financial security with savings accounts starting at $5 minimum deposits and competitive dividend rates. Specialized options include Ultimate Money Market accounts with limited withdrawals and Christmas Club accounts offering penalty-free access during holiday seasons. Youth savings programs teach financial responsibility with parental controls and educational resources.
Financial Counseling
Personalized financial counseling services help members achieve long-term goals through budgeting strategies and debt management plans. Certified advisors provide guidance on college savings through Coverdell ESAs and retirement planning with Traditional/Roth IRAs. Educational resources include classroom curriculum for local schools and interactive financial literacy tools.
People
Alesha Saalwaetcher
CEO
Alesha Saalwaetcher leads with over 20 years of credit union experience, focusing on community development and member service excellence. She champions financial education initiatives and strategic growth while maintaining the credit union's founding principles of member ownership and local decision-making.
Karen Volk
VP of Operations
Karen Volk oversees daily operations with 15+ years in credit union management. She specializes in process optimization and compliance, ensuring efficient service delivery across all departments while maintaining the credit union's commitment to personalized member experiences.
Ashley Hicks
VP of Lending
Ashley Hicks manages lending operations with expertise in mortgage and consumer loan programs. Certified with NMLS# 2020695, she develops competitive loan products while mentoring loan officers to maintain high standards of ethical lending practices and customer service.
Denice Kemper
Loan Officer
Denice Kemper provides personalized loan solutions with specialized knowledge in mortgage and recreational vehicle financing. Her 10+ years in credit union lending focus on helping members achieve homeownership and vehicle purchase goals through transparent, member-centered service.
Dayna Robbins
Head Teller
Dayna Robbins leads the teller team with expertise in transactional services and member relations. She ensures accurate, friendly service while educating members about digital banking tools and financial products that enhance their banking experience.
Questions
What services does DCTFCU offer for first-time homebuyers?
We provide fixed-rate mortgage options starting at 6.50% APR with down payment assistance guidance and pre-approval consultations to help first-time buyers navigate the home purchasing process.
How can I access my accounts after business hours?
24/7 access is available through our mobile banking app for balance checks, transfers, bill payments, and mobile check deposits. Night deposit services are also available at our main location.
What youth financial education programs are available?
We offer youth checking and savings accounts with parental controls, financial literacy curriculum for local schools, and educational workshops covering budgeting, saving, and responsible credit use.
Do you charge fees for ATM usage?
No fees apply when using CO-OP or Alliance One network ATMs nationwide. Over 50,000 fee-free locations are accessible through our partnerships with major ATM networks.
What happens if I need to skip a loan payment?
Our Skip A Pay program allows qualified members to defer one monthly loan payment annually through our online form or by contacting your loan officer directly.
How do I report a lost or stolen debit card?
Contact us immediately at (270) 684-8954 during business hours or use the card controls feature in our mobile app to temporarily freeze your card and report it lost or stolen.
Reviews (2)
Jeremy Newberry
Jul 23, 2021
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Do not get a loan with this company. No one acts like they want to help. I have called numerous times to pay my loan and they made me feel like I was a bother to them. Dennis will cut you off and transfer you before you can illustrate the reason for calling. This is the third month and they still treat me with 0 respect. I bother my OWN bank every day and they treat me better than these fellows.
Michael Gunter
Jun 12, 2018
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If you are in Owensboro this is a great bank, but if you are anywhere else its not that good considering the only way that someone can deposit a check without having to have a different account at another bank is through the mobile deposit. Unfortunately that has been down for some time now even though they said it will be fixed by Sunday and its Monday and still no fix.