Business Share Accounts
If your business qualifies for membership with Dover Federal Credit Union, you can take advantage of our comprehensive range of products and services to support your business, often with better rates and lower fees than you'll find at a bank.
Business Share Account
The Business Share Account is opened when you start a business relationship with us. To remain an active member in the cooperative, and to take advantage of the many member benefits, a minimum of $5 will be held at all times in this account. If you decide to close your membership, the $5 can be withdrawn. The Business Share Account can also be used as a savings account and additional balances can be deposited to earn greater interest rates.
Share Savings | A.P.Y. |
| From $100 | .25% |
Business Money Market
With our Business Money Market Account, the greater your balance, the higher your interest rate. Your funds remain easily accessible online, by phone or in person and highly liquid.
Money Market | A.P.Y. |
| From $1,000 | .30% |
| From $25,000 | .40% |
Business Share Certificates
Take advantage of guaranteed earnings with a Share Certificate. We offer a variety of terms to fit the needs of your business.
Term | Minimum Balance to Earn Dividends | A.P.Y. |
| 6-Month | $1,000 | .40% |
| 12-Month | $500 | .45% |
| 18-Month | $500 | .45% |
| 24-Month | $500 | .60% |
| 30-Month | $500 | .60% |
| 36-Month | $500 | .85% |
| 4-Year | $500 | 1.10% |
| 5-Year | $500 | 1.35% |
A.P.Y. is Annual Percentage Yield and is accurate as of May 1, 2013. A.P.Y. may change at any time as determined by the Board of Directors. Fees may reduce earnings on accounts. Penalties may be imposed for early withdrawal of funds on Share Certificates.
Account Reconciliation Summary Form
We have eliminated the Account Reconciliation Summary from your member statement in order to reduce the amount of pages you are receiving. Please use this form for your reconciliation in the future. The forms are also available in our branch offices.
Account Reconciliation Summary Form