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Saving for the future is easier with Dover Federal as your financial partner. Whether you are saving for a short term need or long term investment, Dover Federal offers a variety of options to complement your need. With no minimum balance requirement, a share savings account provides a solution that allows you to reach your savings goals and provide you peace of mind.
Use a Savings Account for short term needs, such as an Emergency Fund, Christmas or Vacation Club. Or consider using a savings to help you save for a long term goal, such as a down payment on a home. NO matter what you choose to save for, a Dover Federal Savings Account will allow you grow your balance, in this interest bearing account.
Super Saver Share Savings
After you have built up the balance in your Share Savings, consider a SUPER SAVER Share Savings account. With a minimum balance of $500*, a SUPER SAVER account will earn you a higher yield APR. A Super Saver Share Account is perfect if you are looking for a savings account with higher earning potential!
Money Market Accounts
Maximize your earning potential with a Money Market Account. With a minimum opening deposit of $1,000, this tiered savings product features the opportunity to automatically earn a higher rate of return as your balance increases to the next tier. Money markets provide the option to earn dividends monthly, compound interest, as well as make up to 6 withdrawals monthly.
Choose your tier; the higher your balance, the greater the return:
- Tier 1: $1,000 - $9,999.99
- Tier 2: $10,000 - $49,999.99
- Tier 3: $50,000 - $99,999.99
- Tier 4: $100,000 - $249,999.99
- Tier 5: $250,000+
Note: Primary/Share Savings Accounts including those in the Youth Program are not intended to be transaction accounts. You may make no more than a total of 6 withdrawals (unless in person), transfers to another credit union account of yours, or transfers to a third party per statement period. The methods used to access your account include (but are not limited to) preauthorized, automatic, online, or telephonic. Debits in excess of the allowed 6 will be returned and may be subject to a fee. ^Deposit / Withdrawal services may not be available at all locations. See locations. *Required to earn dividends.
This is a great credit union. The employees are friendly and do their job well. The rates are great and the fees are low. I will never use a regular bank again!