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DoverPhila Wins Times-Reporter 2017 Readers’ Choice Awards

DoverPhila Federal Credit Union is pleased to announce that it has won first place in the Best Bank, Best Mortgage Lender, Best Financial Services, and Best Financial Institution categories for the Times-Reporter 2017 Readers’ Choice Awards. There roughly 3,000 registered voters and over 170,000 total votes during the Readers’ Choice Awards’ voting process. DoverPhila Federal

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Avoid the Payday Lending Trap

Here is the scenario: you are in a financial bind and need some quick cash. You saw payday loan stores all over town and think “maybe I should try that…”  Do not fall into that trap! Getting a loan with a payday lender could send you down a deep hole that may take years to

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Shop Smart and Save This Back-to-School Season

It is getting to be that time of year when most families are thinking about purchasing school supplies for the upcoming year. Back-to-school shopping is the second-largest consumer spending category after holiday shopping, according to statistics from the National Retail Federation and Research Now. An additional survey conducted by Deloitte found that 32 percent of

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The Best Time to Buy a Car

Did you know that shopping at the right time can boost your chances of getting a really good car deal? Dealerships and individual salespeople have quotas to meet, so purchasing a vehicle during the last few days of a month, in late summer and early fall, or even around a major holiday like Christmas can

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Social Security in Your Lifetime – Maybe Not

By the year 2033, Social Security’s reserve trust funds could be exhausted. Though people disagree about when the money will run dry and how to avoid it – it could happen in your lifetime. You can prepare for it by starting now. IRAs (Individual Retirement Accounts) offer young workers the opportunity to potentially receive higher

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The RAIN Method for Buying a Car

The average cost of a new vehicle today is around $30,000. Whether you desire the shiny, brand-new ride or if you are content with a reliable used car, you still want to get the most for your money. The actual process of finding, researching, financing, and buying a car does not need to be scary

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DoverPhila Continues to Give Back While Enhancing Products and Services

As another successful year comes to an end, DoverPhila Federal Credit Union continues to strive in the financial industry. This is apparent through its ability to give back to its members while also building community. DoverPhila was able to give back $1.1 million to its members in the form of bonus dividends and interest rebates.

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Upcoming Closure: All DoverPhila locations will be closed for Memorial Day weekend on Saturday, May 24th, and Monday, May 26th.

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