Dover Fed Credit Union Celebrates Anniversary

By Terry Rogers

During the month of June, Dover Federal Credit Union will be celebrating their 58th Anniversary by offering many benefits to those who already have accounts with them as well as those that open new accounts. The celebration begins June 1 and all benefits will incorporate “58” into the rates offered.

“Members and non-members alike can take advantage of these great rates to maximize their financial strength and stability,” said Deb Jewell, Director of Marketing. “These exceptional rates being offered to are designed to celebrate our 58 years and give back to the members and communities we serve. By providing affordable opportunities to refinance, purchase or invest, we are fulfilling our promise to ‘make a positive difference in your financial life.’ As a financial cooperative, we are local people, making local decisions who are in business for the benefit of our member-owners.” Ms. Jewell said that members are a top priority throughout the credit union and all decisions made are based on the positive impact the credit union can have on a member’s financial life.

Each week throughout the month of June, members and non-members will be offered a different “58” benefit. From June 1 through June 7, the credit union will offer home equity loans with interest rates as low as 2.58 percent APR for 60 months and from June 9 through June 13, Boat/RV loans will be as low as 4.58 percent APR for 120 months. June 16 through 20, 58-month Term Share Certificates will be available with 2.58 percent APY and June 23 to 30, the credit union will offer auto loans as low as 1.58 percent APR for up to 60 months.

Dover Federal Credit Union was chartered in 1958 by a small group of Air Force and civilian workers at Dover Air Force Base in an effort to create a member-owned financial cooperative that was democratically controlled by its members and for the purpose for the purpose of promoting thrift, providing credit at competitive rates as well as providing financial services to members.


“Their vision has grown Dover Federal to be the state’s largest credit union that is well-capitalized with assets exceeding $432 million and serving over 45,000 members at six different locations with more than 120 employees,” Ms. Jewell said. “We are honored to provide financial products and services for the military, Delaware families and over 400 different select groups. We are governed by member volunteers elected to the Board of Directors and managed by experienced financial professionals.”

Dover Federal Credit Union is committed to helping members reach their financial goals and to being a vital part of the local community. Ms. Jewell said that in addition to the limited time rates, the credit union will also host giveaways and promotions during the month to celebrate. For more information on the credit union,individuals are encouraged to visit their website at or find them on Facebook at

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