Dover Federal Credit Union is headquartered in Dover and is the largest credit union in the state of Delaware. It is also the 546th largest credit union in the nation. It was established in 1958 and as of December of 2015, it had grown to 108 employees and 44,591 members at 7 locations. Dover Federal Credit Union has an A health rating.
Must be a military personnel of the U.S. Government with duty location in Delaware. Also open to employees of Dover Air Force Base, Bayhealth or Dover Downs; and employees and members of over 400 Business Partners. - See Details
I have been with Dover federal Credit union for ten years. I have had multiple loans and accounts through the years. I have always had the best guidance and help through all processes. I have never had a wait for assistance in person or on the phone. All of the small loans I received had great interest rates and auto pay features. I love Dover Federal.
The only type of account i have in this bank i a savings account but i am fully satisfied with my experience with them. They do not charge any fee to have an account with them which is a plus. All you need to open an account is a $5 minimum deposit. They are lacking in the mobile/online experience though. They do have an app but it seems very buggy to me. Overall the customer service is good as well. The only downside is that you can only talk to an actual person on the phone during business hours. If i had to rate the bank over all it would get a 4 out of 5 from me.
In my honest opinion, Dover Federal Credit Union is a great place to bank. They are a smaller local branch but that is actually a good thing. It allows them to give personal attention to each and every customer as needed. The only gripe i have is the mobile experience. Their mobile site and app are very basic and lacking in features. I'm fairly satisfied with most of their policies and offerings as well. They do not have any fees when opening an account aside from a minimum first deposit of $5. They do not penalize you for dropping below a certain balance like other banks tend to do. Overall DFCU is a good bank for all your basic monetary needs. I highly recommend it to anyone in the area.
I have been a member with Dover Federal Credit Union for over 5 years now and I must say that I am very pleased with this institution. They have wonderful representatives from the tellers who will help you with your everyday transactions to the member services reps who are so knowledgeable about all the products they have to offer from mortgages to signature loans. If you are in the neighborhood and are looking for and honest bank with high quality standards, then Dover FCU is for you!
|Return on Assets - YTD||0.41%|
|Return on Equity - YTD||4.05%|
|Annual Interest Income||$15.6MM|
|Assets and Liabilities|
|Assets||Q4 2015vs Q4 2014||$434.2MM$412.5MM|
|Loans||Q4 2015vs Q4 2014||$275.0MM$220.3MM|
|Deposits||Q4 2015vs Q4 2014||$388.3MM$368.0MM|
|Equity Capital||Q4 2015vs Q4 2014||$43.6MM$42.3MM|
|Loan Loss Allowance||Q4 2015vs Q4 2014||$4.6MM$3.2MM|
|Unbacked Noncurrent Loans||Q4 2015vs Q4 2014||$4.8MM$2.5MM|
|Real Estate Owned||Q4 2015vs Q4 2014||$30.00K$34.00K|
Rates for Dover Federal Credit Union are currently being reviewed.
|Dover Federal Credit Union Locations|
|Branch Office||225 Saulsbury Rd||Dover, DE 19904-2720|
|Branch Office||255 N DuPont Hwy||Dover, DE 19901-7509|
|Branch Office||264 Chad St||Dover Air Force Base, DE 19902-5012|
|Branch Office||643 N DuPont Blvd||Milford, DE 19963-1098|
|Branch Office||499 Pulaski Hwy||New Castle, DE 19720|
|Branch Office||1075 Silver Lake Blvd||Dover, DE 19904-2411|
|Branch Office||7 W Glenwood Ave||Smyrna, DE 19977-1106|