A Message From Our CEO
Greetings!
It is hard to believe that we are now in the 4
th quarter of 2019 and the New Year is quickly approaching. Jack Frost will be nipping at our nose in no time! This year has been an exciting year for Dover Federal as many major initiatives have transpired. Some of the exciting things are:
- KASASA - We rolled out our new KASASA checking accounts. With these checking accounts we actually pay you to bank with us as well as return up to $25.00 per month in ATM fees from other institutions. This checking account was designed to be one of the most competitive in Delaware in an effort to give back to you!
- Camden Branch - We broke ground on the new Camden branch and construction is underway. We hope to open the new branch in early 2020 which will expand our footprint and offer additional locations for current members. We look forward to seeing you there!
- Community - Dover Federal and our team members truly care about the communities we serve and live in. Supporting our communities is one of our driving pillars and something we take very seriously. We give back at every chance that we get! Some of the recognition that we have received for this dedication to our communities are:
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Central Delaware Chamber of Commerce Partner of the Year
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Central Delaware Habitat for Humanity Sponsor of the Year
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Gatehouse Media – 2019 First State Favorite Credit Union
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Delaware Online – Reader’s Choice Credit Union of the Year
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- Dover Federal Foundation - We are actively setting up our own foundation as a means to further give back to the communities we serve. Stay tuned for details coming soon!
- Online Banking & Bill Payment - We began a major project to overhaul our online, mobile and bill payment systems. This started with rolling out an online chat feature in September and will end with a conversion to our new systems in February of 2020. These systems will increase functionality for you and make it easier to do business with us.
Our purpose as your Credit Union is very simple –
to help you get there, wherever that may be! As Dover Federal continues to make strides in our reinvention, we appreciate your continued support. We promise to continue to better ourselves in all that we do and we hope that continues to make it easier for you to do business with us.
Happy October!
Thank you for being a member of Dover Federal Credit Union!
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Chaz Rzewnicki
President & CEO
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NEW WORKPLACE PARTNERS
We'd like to welcome our most recent Workplace Partners (WPs) to the Dover Federal family:
- Lacy E. Holly III, P.A.
- Middletown Kitchen and Bath LLC
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Get paid when you refinance your current
vehicle loan held at another institution!
Refinance
your current vehicle loan held at another financial institution
and not only
save money
, but
make money
!
Get an interest rate
as low as 2.99% APR*.
Get paid
2% cash back,
up to
$600*
per loan.
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Keep more money in your pockets!
A
Balance Transfer
is the perfect tool to help you consolidate your credit card debt,
lower your interest rate, and save money.
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7 Ways to Save Money and Protect Your Home This Winter
Preparing your home for winter now can help you protect your biggest investment. Click here for seven tips on how to prepare for storms, increase your home's efficiency, and save money!
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Our Camden Branch is Coming Along Great!
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During the month of August, we
hosted a ground breaking ceremony for our new branch being built in Camden, Delaware. The new facility, located at 499 Walmart Drive, will be our eighth branch location in Delaware. The building will feature an innovative design which includes the use of pods as opposed to a traditional teller line, allowing our staff to perform multiple transactions and services within a single space. With construction now beginning, our Camden branch is anticipated to open to the public in the spring of 2020.
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At the end of August, we were joined by the Cooperative Credit Union Association and celebrity chef Robert Irvine, who was the key speaker at our Military Retiree Financial Fraud & Scams Event. At the conclusion of the event, CCUA and Dover Federal presented the Robert Irvine Foundation with a check for $15,000.
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Later that day, we sponsored a cooking class for a select group of Airmen. This class consisted of celebrity chef Robert Irvine and his corporate chef Shane Cash educating them on how to cook quality meals with ingredients commonly found in the kitchen. Each meal was geared towards being something that they could easily cook in their dorm.
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During the month of June, private donations were given by our team members and then matched by us. In July, this donation of $1,500 was given to the
C
ollaborative
E
ffort to
R
einforce
T
ransition
S
uccess Inc. Adult Action Centers. C.E.R.T.S. is a local initiative to enrich the lives of adults with multiple, severe disabilities, and in turn, their families through an active personalized day program.
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In June, Senator Tom Carper came to Dover Federal to discuss current affairs regarding credit unions, as well as meet team members throughout the building.
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At the end of August, we
donated $1,500 to USO Delaware. The funds making up this donation were comprised of private donations made by our team members which were then matched by us. The United Service Organization, better known as USO, is a top military support organization that continually supports military service members and their families.
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In September, we were proud to be the presenting sponsor at the Thunder Over Dover airshow at the Dover Air Force Base. This three day event hosted thousands of spectators and featured F-15s, C-5s, C-17s and finished each day with an amazing flight demonstration by the F-22 Raptor.
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On August 9th, Senator Chris Coons took time to visit Dover Federal to meet with our team. During his visit, Senator Coons discussed current legislative issues facing the credit union industry and also took time to formally recognize us for our work during the most recent government shutdown.
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*APR is Annual Percentage Rate. The Annual Percentage Rate is the advertised rate, effective September 1, 2019. Rates and terms subject to change based on creditworthiness. Membership eligibility required. Terms and conditions apply. APR for Balance Transfers will be 4.99% - 13.90%, based on creditworthiness for transfer made 9/1/19 - 12/31/19, but we reserve the right to end the promo early. The stated balance transfer rate is applicable for either 24 or 36 months of all balance transfers made during the promotional period. Balance transfers during this promotional period for 36 months will require a 1% balance transfer fee added to the balance at the time of closing. The APR for balance transfers cannot be applied to purchases made within this time period. Balance transfers may not be used to pay any Dover Federal associated accounts. If your balance transfer request will exceed your available credit limit, we will process your transfer for less than the amount requested, in the order requested. You may only make balance transfers to accounts that list you as an account holder. It may take up to 14 business days to process payments to your other accounts after your balance transfer is processed. Should two or more late payments occur in the course of a calendar year, the balance transfer rate will revert to the standard APR for purchases. See credit union for details.
*APR is Annual Percentage Rate. All loans subject to approval. Rate may vary based on credit, term and value. Minimum loan amount of $5000. $600 maximum cash back amount per vehicle loan. This offer cannot be combined with any other DFCU incentive program and existing DFCU loans are not eligible for this offer. The stated Auto Loan rate is discounted which includes: a requirement of automatic loan payment transfers, direct deposit of net pay and a checking account for .50% discount. Refinanced vehicle must be titled with permanent tags established. Loan must be open for one (1) year from the original date of the loan or the cash back amount will be added to the loan payoff amount. Other terms and conditions may apply. Cash back payments may subject Member to state, local and/or federal tax liability. Please consult a tax professional.
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.
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