Dover Federal Credit Union


1075 Silver Lake Blvd
Dover, DE 19904
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 4.35% →
1-Year CD 0.10% 5.00% →
2-Year CD 0.15% 4.75% →
5-Year CD 0.30% 4.55% →
30-Year Mortgage N.A. 0.00% →
15-Year Mortgage N.A. 0.00% →
HELOC N.A. 0.99% →

2023 Overview

General Credit Union Information

Dover is an NCUA insured institution located in Dover, DE. It was founded in 1958 and has approximately $628.44 millions in assets.

Who can join?

You are eligible to join Dover Federal if you meet one of the qualifications below:

United States Military & Uniformed Services

Military personnel of the U.S. Government with duty locations in Delaware

Civilian employees of the U.S. Government working in Kent and Sussex County, Delaware

Military and civilian personnel of the Delaware National Guard

Personnel who are eligible to receive benefits from Dover Air Force Base

Other employees and contractors who work regularly at Dover Air Force Base

Military reserve personnel at locations in Delaware

Members of the Civil Air Patrol in Delaware

Persons who have retired from any of the above

Employees of Bayhealth and Dover Downs (all employees, all locations)

Other Business Partners

Be an employee or member of one of the more than 400 Business Partners

Retirees and Volunteers

If you retired from or volunteer with any of the above select groups and organizations,
you are also eligible

Family Members

You are also eligible to open accounts if any of your immediate family or household members qualify.

Immediate family member is defined as spouse, child, sibling, parent, grandparent, or grandchild. This includes step-parents, step-children, step-siblings, and adoptive relationships.

Household is defined as persons living in the same residence, maintaining a single
economic unit.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12443
Date Established 1958
Assets $628.44 million
Loans $497.25 million
Deposits $572.28 million
Capital $48.84 million

Field of Membership Restrictions

Membership in Dover Federal Credit Union is open to anyone in the state of Delaware through joining the Friends of Bombay Hook. Membership is also open to military personnel of the U.S. government with duty location in Delaware, employees of Dover Air Force Base, Bayhealth, Dover Downs and over 400 Business Partners.

Deposit Rates - January 27, 2023

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.01% $2,500 $4,999 Learn More
Money Market
0.01% $2,500 $2,999 Learn More
Money Market
0.01% $10,000 $14,999 Learn More
Money Market
0.01% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.01% $10,000 $14,999 Learn More
6 Mo CD
0.01% $100,000 $199,999 Learn More
12 Mo CD
0.10% $10,000 $14,999 Learn More
12 Mo CD
0.10% $100,000 $199,999 Learn More
18 Mo CD
0.01% $10,000 $14,999 Learn More
18 Mo CD
0.01% $100,000 $199,999 Learn More
24 Mo CD
0.15% $10,000 $14,999 Learn More
24 Mo CD
0.15% $100,000 $199,999 Learn More
30 Mo CD
0.01% $10,000 $14,999 Learn More
30 Mo CD
0.01% $100,000 $199,999 Learn More
36 Mo CD
0.20% $10,000 $14,999 Learn More
36 Mo CD
0.20% $100,000 $199,999 Learn More
48 Mo CD
0.25% $10,000 $14,999 Learn More
48 Mo CD
0.25% $100,000 $199,999 Learn More
60 Mo CD
0.30% $10,000 $14,999 Learn More
60 Mo CD
0.30% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
0.01% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less

Loan Rates - January 27, 2023

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for DOVER

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2023

Lender APR Rate (%) Points Fees Monthly
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AmeriSave Mortgage Corporation
NMLS ID: 1168
Learn More
NMLS ID: Not lender
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NMLS ID: Not lender
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2023

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
6.990 %
After Intro: 8.000 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
6.740 %
$0 Learn More
More Info

Note to DOVER
To upload and update your bank's rates please register. It is free to register and add rates.



Below are Dover branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Climate Initiatives

DOVER is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Dover Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Dover. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Dover U.S. Average
7.20% 4.63

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of September 30, 2022, Dover had $3,233,651 in non-current loans and $491,731 in owned assets. To cover these potential losses it had $48,841,985 in net worth and $2,868,248 in loans loss reserves. That gives it a Texas Ratio of 7.20%.

Net Worth
Dover U.S. Average
7.95% 12.52%

Dover FCU has a net worth of 7.95% versus the BestCashCow average of 12.52. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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