DCU was chartered in 1979 for employees of
Digital Equipment Corporation following complaints to CEO
Ken Olsen that employees had been having difficulty securing
mortgages. It was founded as a commercial banking institution to serve both individual consumers and businesses. Over the years, it has expanded its offerings to include a wide range of financial services, including checking and savings accounts, credit cards, student and personal loans, mortgages, vehicle financing, and commercial lending. In 2025, DCU began offering a credit-builder loan, allowing members to improve their credit while building savings. ==References==