A Message from Our CEO:
6 months into 2018, we have achieved a monumental milestone of
being in business to serve members of our financial cooperative for
60 years.
In CELEBRATION of 60 years, I am pleased to report that the state of our credit union is financially secure and poised for stability and growth. We serve more than 40,000 members, and manage an asset size of $449 million, with a net worth ratio of 8.38%. As we continue to grow, we will continue to reinvest in our members. Examples of this include enhancements to technology and security, improved services as well as an expanded product line.
One of the pillars that exemplifies the true culture of Dover Federal is our commitment to the community. In the past two months alone, approximately 50 DFCU Team Members have volunteered more than 190 hours to local community organizations. Most recently, our team partnered with the Central DE Habitat for Humanity to build the 2
nd
story framework for a well deserving family. The dedication to make a difference for others is what has and what will continue to be a unique identifier that makes Dover Federal Credit Union a preferred financial partner. As we look to celebrate another successful 60 years of service, we are honored that you have chosen to be a part of the Dover Federal family and will continue to make your financial success our top priority.
Regards,
Chaz Rzewnicki, CEO
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TAP INTO ALL THE ADVANTAGES YOUR HOME HAS TO OFFER WITH AN EQUITY ADVANTAGE HOME LOAN
Whether you are buying a new home or investing in an improvement, get the financing you need with Dover Federal.
The ADVANTAGES are endless:
- Fixed Rates as low as 3.5%APR*
- Terms up to 10 Years
- Borrow up to 80% LTV
- NO Pre-payment Penalties
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IT PAYS TO USE A DFCU DEBIT CARD!
In celebration of 60 years in business, Dover Federal is paying 60 purchases for 60 members in 60 Days.
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During the first 30 days in June, we have offered promotions and in branch celebrations that have awarded more than $800 back to some lucky members!
If you're looking for your chance to earn some cash back, simply choose the
credit option
when using a
DFCU Debit card,
and
be automatically entered to have a daily purchase reimbursed for up to $60.
Be sure to choose credit, not debit, when paying for your next purchase!
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STUDENTS RECEIVE $5,000 IN SCHOLARSHIPS
Five well deserving students, pursing a degree in higher education, individually received a
$1,000 college scholarship from Dover Federal
to assist with the cost of higher education. The DFCU Scholarship Committee received many well-qualified applications, from both high school and undergraduate students. The winners were selected based upon their outstanding achievements, community involvement, recommendations, and submitted essays.
Congratulations to:
Sean Letavish, Christiana Malone, Andre Zimmerman, Megan Hoffstadt^ and Nicholas Vella^. (^Missing from photo)
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NEW ONLINE BANKING SECURITY FEATURE
The protection of your personal information is very important to us.
We are pleased to announce an upcoming added login security feature that helps guard your personal information by adding another layer of identity verification to online financial interactions.
How does the new security feature work?
When logging into online banking on your computer, you will receive a message (text or voice) on your phone with a 4-digit code. You will be asked to enter this code to complete the login process on your computer.
This feature requires a simple setup, but it takes the place of answering security questions when logging into online banking.
This feature
does not
apply to our mobile app.
When will this new feature begin?
Starting in August, when you log into online banking on a computer, you will be asked to set up your verification phone number.
Stay tuned for more information on this new feature!
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On Friday, June 22, team members from Dover Federal Credit Union accepted Central Delaware Habitat for Humanity’s challenge to frame the second story of a home, in just one day. The framing frenzy erupted from the support of many able hands, and was able to be built in less than two hours by employees and board members of Dover Federal Credit Union.
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Taking strides to Stomp Out Cancer @ the SOC 5k, June 16.
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Nicole Heathington and Tyler Kuhn; DFCU graduates from the CDCC Leadership Central Delaware program.
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DFCU Branch manager and Rotarian Megan Seaser, proudly represents DFCU at the Middletown Rotary golf outing, which helps raise scholarship funds for local students.
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Special Olympics Delaware Summer Tennis Games were proudly sponsored by Dover Federal Credit Union.
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FOLLOW US ON SOCIAL MEIDA!
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Dover Federal Credit Union's E-Bulletin is an email publication for members of:
Dover Federal Credit Union • 1075 Silver Lake Blvd. • Dover, DE 19904.
Contact Us: 302-678-8000 or toll-free 888-818-3328
All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means other than in original format without written permission. Request for permission to use or copy any part of this publication should be addressed to
e-info@doverfcu.com
Federally Insured by NCUA. Equal Opportunity Lender.
*APR is the Annual Percentage Rate, which is the advertised rate. The advertised rate may vary based on creditworthiness, and terms. The advertised rate is a fixed rate for a loan term of no more than 10 years (120 months), requiring a first lien position on your home, with an available LTV up to 80%. The advertised rate is discounted which includes: a requirement of automatic loan payment transfers, direct deposit of net pay and a checking account for .50% discount. Refinancing an existing Dover Federal Home Equity Loan may not be available, unless the new balance increases by $10,000+. Rates are accurate as of July 1, 2018. Offer is valid for a limited time only, subject to membership eligibility and credit approval. See Credit Union for details. NMLS # 469346.
`Must have DFCU checking with direct deposit, and perform 5 monthly POS transactions. Debit card transactions, that use a Point of Sale purchase option between 6/1/18 - 7/31/18 and select credit and not debit when paying, will be entered for a chance to have a daily purchase reimbursed for up to $60. Randomly selected winner(s) will receive a one-time credit equal to their purchase, up to $60. The more your card is used, the more chances you earn. Offer may not be combined with any other offers or discounts, unless otherwise noted. See Credit Union for details. Terms and conditions may apply.
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