Financial Guides

Adjustable Rate Mortgages (ARMs) are often overlooked—but they can be a smart option for many buyers and homeowners. Whether you're purchasing your first home or refinancing, understanding the flexibility and savings that ARMs offer could help you make the most of your mortgage. In this article, we

Credit scores play a crucial role in your financial life, influencing everything from loan approvals to interest rates. Understanding how credit scores work and how to improve them can unlock financial opportunities. This article breaks down the essentials of credit scores and offers practical tips

Planning for retirement is essential for ensuring financial security in your later years. Starting early and understanding your options can make a significant difference. This article explores the importance of retirement planning and provides strategies to help you get started. Why Start Planning

In today's dynamic business environment, women entrepreneurs are making significant strides, yet they often face unique challenges in accessing capital. Dover Federal Credit Union's Commercial Diversity Loan Program is designed to bridge this gap, providing women-owned businesses with the financial

Women's History Month is a time to celebrate the achievements and contributions of women throughout history. It's also an opportunity to empower women in all aspects of life, including financial management. Structuring your bank accounts to ensure they are accurate and up-to-date is a crucial step

In today's times, managing debt can be challenging. Rising interest rates and economic uncertainty make it crucial to find effective strategies to regain control of your finances. A debt management plan (DMP) is a powerful tool that can help you reduce debt and achieve financial empowerment. Let's

In today's financial landscape, characterized by rising interest rates and economic uncertainty, finding smart ways to take control of your finances is crucial. Debt consolidation is a powerful strategy to simplify your finances and reduce monthly payments. This article explores five tips for

The holidays are a time for giving—but that doesn’t mean you should give up your financial peace of mind to high-interest store credit cards. While store cards may seem appealing with their initial discounts, the long-term costs can outweigh the benefits. Fortunately, there’s a smarter way to shop

When deciding between using a credit card or a debit card, security should top your list of priorities. While both options are convenient and widely accepted, credit cards often deliver superior fraud protection and greater financial benefits. Using a credit card—like those offered by Dover Federal

The holidays are filled with expenses: gift giving, philanthropic giving, and party going. While all these activities can be fun and give you that warm and fuzzy feeling, it’s easy to fall into common financial traps like overspending, racking up credit card debt, or neglecting your budget. Luckily