Everyone loves payday, but too many employees don’t know how to allocate their paycheck in a way that best serves their financial needs. Use the tips outlined below to learn how to manage your paycheck responsibly. Automatically Deduct Contributions Your first step in managing your paycheck is making sure you are deducting the optimal amounts.
DoverPhila Federal Credit Union partnered with Elan in their Across the Country Charitable Giving program to donate $12,500 to United Way of Tuscarawas County. The gift funded emergency utility assistance (natural gas, electricity, and fuel oil) to over 80 low-income households affecting over 240 individuals. Of Elan’s 250+ active credit union partners, 50 were randomly
Financial literacy is a crucial life skill for young people, but it is one that too few are learning. As a credit union, one of our founding principles is concern for community. We believe financially prepared youth is one way communities get stronger, and that is why from April 18 through April 23, DoverPhila Federal
Winter is on its way out, so spring is on its way in. That means it is time to stop hibernating and get your home ready for the season! Here’s how to do that in just five easy steps: Step 1: CLEAN YOUR YARD Rake up all leaves, loose twigs, and anything else your yard
Now that you’ve tracked your spending and kept a careful record of where your money goes over the course of a month, you’re ready to move onto the next financial wellness step: creating a budget. Budgets play a crucial role in promoting financial awareness, which leads to more responsible money choices. Let’s look at how
Tracking your spending is the first step toward greater financial awareness and overall financial health. But, mastering this skill is easier said than done. How can you track every dollar you spend when you make multiple daily purchases? We’ve outlined how to track your spending in 3 easy steps. 1. Choose your tools. Tracing every
Using a compromised ATM can mean risking identity theft and/or having cash stolen. With this simple machine, all it takes is a few short minutes for a victim’s life to meet disaster. Here are tips to help you keep your ATM transactions secure. Keep your PIN private. Don’t share it with anyone and don’t write
As outside temperatures fall, indoor temps and heating costs go up! And this winter may come at a higher cost. In fact, while fueling up at the gas station, you’ve seen the impact of our 6.8% inflation rate first-hand. U.S. households on natural gas heat are expected to pay 25% more than last year. Homeowners
We live in an increasingly digital world. As the number of online services has exploded, so have the tribes of fraudsters who are engaging in identity theft. Cyber thieves who access one’s personally identifiable information (PII) such as birthdate, Social Security number, home address, driver’s license number, passport number, and credit card or bank account
It’s tax time! Unfortunately, that means there are thousands of scammers looking to steal your information and your tax refund by posing as authentic tax preparers. Here’s all you need to know about these scams and how to keep safe. HOW THE SCAM PLAYS OUTIn a tax filing scam, a victim will hire an alleged
2021 was another significant year for DoverPhila Federal Credit Union, and because of great financial results, the credit union could give back $1.5 million to its members through a year-end bonus-dividend, low-cost auto loans, certificates of deposits (CDs) with higher interest rates, and a vast array of other financial products and services. This marks the
Spring and summer are, by far, the most popular seasons for house-hunting. But that shouldn’t stop you from looking for your dream home in the middle of winter. Though icy driveways and snowed-out open houses can be less than thrilling, there are surprising benefits to purchasing a home during the coldest time of year. Let’s
Spend less, save more, pay down debt — how can you make 2022 the year you actually stick to these and other financial resolutions? To help answer that, we’ve compiled a list of tips. Set Measurable Goals Don’t just resolve to be better with money this year. Set realistic, measurable goals to help you stay
As 2021 draws to a close, take a moment to go through this year-end financial checklist to ensure your finances are in order before the start of the New Year. REVIEW YOUR BUDGET Is your current monthly budget working for you? Are you stretching some spending categories or finishing each month in the red? Take
The holidays are coming and it’s time to hit the shops! Unfortunately, suppliers are cautioning us to expect supply shortages, shipping delays, and higher price tags. Here’s what to expect during this holiday shopping season. Supply Shortages Seen any empty store shelves recently? Suppliers are struggling to stay ahead of shopper demands while catching up
The data we collect – and ways to manage your privacy. Every company needs to have a transparent data policy. We’ve outlined ours in easy-to-understand terms and show you exactly what we do and do not do with regard to sharing information. We also make it easy for you to make adjustments to your privacy
Keeping your best interest in mind. When you need a loan, you want a competitive dividend rate that gives you the peace of mind that you’re not paying too much. When you’re building a savings, you want a great Annual Percentage Yield to grow your money. Whether you’re trying to contain costs or grow your
Step-by-step tools, available 24/7. Making tutorials available on how to navigate electronic services or other needs that are new to you is just another way we help you get the answers you need, when you need them, and in ways that are intuitive. You’re always welcome to speak with a DoverPhila representative, but sometimes seeing
Multiple ways to stay connected. Online in the comfort of your home or in-person at a branch – no matter how you prefer to communicate or stay connected, we’re here to answer. Or if you just want to follow along and know what’s happening with your credit union, you can follow us on social media.
