DOVER

1075 SILVER LAKE BLVD
Dover, DE 19904

Notable Rates APY Vs.Others
Savings 0.10% 2.30% →
1-Year CD 1.75% 2.25% →
2-Year CD 2.30% 2.50% →
5-Year CD 2.70% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Dover is an NCUA insured institution located in Dover, DE. It was founded in 1958 and has approximately $461.56 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
Charter Number # # 12443
Date Established 1958
Assets $461.56 million
Loans $293.36 million
Deposits $428.09 million
Capital $39.32 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 - December 6, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $1,000 $9,999 Learn MoreShow Less
Money Market
0.30% $10,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
1.75% $500 $24,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.15% $500 $24,999 Learn MoreShow Less
1.75% $500 $24,999 Learn MoreShow Less
18 Mo CD
0.45% $500 $24,999 Learn MoreShow Less
2.30% $500 $24,999 Learn MoreShow Less
30 Mo CD
0.65% $500 $24,999 Learn MoreShow Less
2.40% $500 $24,999 Learn MoreShow Less
2.55% $500 $24,999 Learn MoreShow Less
2.70% $500 $24,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $100 $24,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less

Loan Rates - December 6, 2019

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.625% 3.625% 0.00 ($65) $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 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.



Branches

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:
Ashburn,Virginia


Dover Locations


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
6.66% 5.86

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 June 30, 2019, Dover had $2,633,612 in non-current loans and $289,866 in owned assets. To cover these potential losses it had $39,320,874 in net worth and $4,590,337 in loans loss reserves. That gives it a Texas Ratio of 6.66%.

Net Worth
Dover U.S. Average
8.51% 13.65%

Dover FCU has a net worth of 8.51% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Dover

Branches and Savings

What is Dover?

A federal credit union, registered with the NCUA under certificate #12443.
Learn more about credit unions here.

Is Dover FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Dover?

Please see Field of Membership information above for information on who is eligible to join.

What are Dover's share account and share certificate rates?

Dover's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Dover?

Dover has total capital of $39.32 million. Full information on Dover's financial position is located above.

Who owns Dover?

Credit Unions are owned by their members.

Where are Dover branches located?

See branch locations nearby.

Are Dover ATMs Open 24/7?

Do Dover ATMs accept cash deposits?

Can Dover customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Dover have a mobile app?

Does Dover have mobile deposit?

Does Dover have quick pay?

How can Dover transfer money to other banks or credit unions?

Does Dover report to credit bureaus?

Does Dover use Chexsystems?

Does Dover use Equifax?

What is Dover's toll free phone number?

What is Dover's ACH Routing Number?

What is Dover's SWIFT code?

Where can I find Dover's wire transfer form?

What is the Dover address for deposits?

What Products Does Dover Offer

Does Dover offer mortgages?

Compare mortgage rates here.

Does Dover offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Dover offer auto and RV loans?

Compare auto loan rates here.

Does Dover offer student loans or personal loans?

Compare personal loan rates here.

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