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Every successful business has a story. This is ours.

Get to know what’s made us a trusted, go-to source for the financial needs of our community for nearly 70 years. Understand the advantages of your credit union compared to traditional banks. Get to know our people who are local and members of DoverPhila. And consider joining us – as a member or even an employee – as we write the next chapters of our story together.

  • History image linked to related content History
  • A Message From Our CEO image linked to related content A Message From Our CEO
  • Member Benefits image linked to related content Member Benefits
  • Credit Union vs Bank image linked to related content Credit Union vs Bank
  • Careers image linked to related content Careers
  • Board of Directors image linked to related content Board of Directors

History

History of Purpose, Since 1953: “Meet the financial needs of members.”

 

The philosophy at DoverPhila Federal Credit Union has always been “people helping people” — it’s a way of doing business that has allowed us to successfully build community since 1953. 

Originally established as an employee credit union known as Warner & Swasey Employees Credit Union and later known as Gradall Employees Credit Union, we have grown into a community-chartered credit union. We operate five offices in Dover, New Philadelphia, Newcomerstown, and Uhrichsville with nearly 100 employees, all of whom are proud and eager to serve the financial needs of anyone who lives, works, attends church or school in Tuscarawas County.
DoverPhila Federal Credit Union was established as a financial cooperative and is controlled by its members. We exist for the financial benefit of our members and to provide a level of service that meets our members’ financial needs. Low cost auto loans, higher interest rates on certificates of deposit (CDs), and a vast array of products and services are some of the ways we strive to achieve our corporate mission.

A Message From Our CEO

Dear DoverPhila Members,

I hope you and your family are doing well. I recognize the trust that you and the community place in the credit union, and the financial role that DoverPhila Federal Credit Union has served in your lives for over the last 60 years.

I want to send thanks for your continued support, and to share our commitment to supporting your financial needs now and in the future.

Over the last year, DoverPhila instituted multiple initiatives to support our members and the community during the COVID pandemic. We waived over $400,000 in members’ fees, offered fee-free crisis skip-a-payments on installment loans and home equity lines of credit, interest-only payment options for existing installment or home equity lines of credit, interest-free loan options that assisted up to three months of mortgage payments, and emergency loan options for short-term, small-dollar personal loans with up to 12 monthly payments and a 90-day first payment deferral.

Our ability to react quickly and to make decisions that benefit our members and not our bottom-line separates us from the competition. We don’t answer to stockholders, and as a result, we gave back an annual bonus-dividend to our members in the amount of $1.6M.

You can be confident that your credit union will continue to be your trusted financial partner. Your membership helps strengthen our leadership in Tuscarawas County. Together, we build a stronger community.

Jason Garner
President and CEO, DoverPhila Federal Credit Union


Member Benefits

With your $5.00 deposit, the benefits you receive as a credit union member are endless.

Become a member today and experience the DoverPhila difference:

      • Member owned and operated
      • Members vote and run for Board of Directors – that includes you!
      • Financial counseling for your most treasured investments
      • Insurance programs to ensure your best-laid plans don’t get derailed
      • Accounts that grow and mature with members of any age
      • Savings customized to your needs
      • Banking on-the-go to make your life a little easier
      • Access to five DoverPhila locations and over 5,000 shared branches nationwide
      • Bonus dividend at year-end
      • Low rates and flexible terms for loans
      • Industry leading technology, tools, and expertise to avoid fraud
      • Eight (8) convenient ATM locations
      • Exclusive discounts and benefits from trusted partners
      • Valuable services the moment you need them and more!
      • Free financial literacy from Banzai – an award-winning, online program

Members have saved nearly
$2 billion.

 

As a member of DoverPhila, we are excited to offer you exclusive discounts and benefits on products and services that you use every day. Credit union members have already saved nearly $2 billion with Love My Credit Union Rewards discounts. So if you are looking for more reasons to become a member then check out www.lovemycreditunion.org.

Credit Union vs Bank

credit union is defined as a “financial institution formed by an organized group of people sharing a common bond.”

 

Isn’t that what everybody wants from a banking relationship? 

FIRST, SOME BACKGROUND. Credit unions were formed as a means of providing credit to individuals to purchase items such as livestock, equipment and even bread at a substantially lower interest rate than was being charged at other banking or lending institutions. These “cooperatives” were not out to make a profit, but rather to serve the needs of their members. Over the years, credit unions have formed to service industries, corporations, communities and churches. They provide financial services that mirror a bank, but are generally smaller, more personal financial institutions. Credit unions serve a specific membership (often within a defined geographic area) and cater to their specific needs. 

Credit unions have grown over the last century and have become highly competitive with banks. So it’s not surprising that they look quite similar.  

 

SIMILARITY TO BANKS:

      • Credit unions offer checking and savings accounts, just like banks. 
      • Credit unions offer installment loans, mortgages, and credit cards, again, just like banks. 
      • And credit unions are federally insured up to the same dollar amount as banks ($250,000). While you may know banks as being FDIC insured, the equivalent for credit unions is known as NCUA insured (National Credit Union Administration). Both are backed by the United States government. This means that the only difference between the two is the type of institution they insure, not the reliability of that insurance.

The differences are what distinguish credit unions from banks — and it’s often an eye-opening discovery for many people unfamiliar with credit unions.

 

CREDIT UNION ADVANTAGES:

      • When you join a credit union, you’re no longer simply a customer, but a member and joint owner of the credit union.
      • As a member, individuals have the right to vote as well as run for the Board of Directors.
      • Credit unions are not-for-profit organizations. Banks on the other hand are for-profit organizations using their resources to maximize their earnings (often at the expense of the customer),
      • As a not-for-profit, credit unions can provide lower fees and loan rates, higher deposit rates, and dividend sharing to members. Though credit unions can and do produce earnings through good fiscal management, the belief is that those dollars belong to the members, not stockholders or management. Imagine receiving an annual dividend check from your banking establishment. It happens, but only at credit unions.  
      • The Board of Directors is comprised of credit union members who donate their time on a volunteer basis, whereas bank board members are compensated handsomely for their service. For example, of the five financial institutions to have reported board of director pay for 2012, JPMorgan, on average, compensated its directors $278,194 each. Only Bank of America, where directors are paid $275,000 each, pays less (New York Times, March 31, 2013).
      • This member-serving Board of Directors guarantees that the credit union is looking out for the interests of its members, not its own self-interest.
      • Members can take pride and comfort in the fact that decisions are made locally and not by some unknown corporate governance structure in another city or state.
DoverPhila mark Take ownership of your banking. Stop by your local DoverPhila branch and become a member today!

Careers

Here’s your opportunity to join a team of nearly 100 employees across five offices who proudly call DoverPhila their place of employment. All of our currently open positions are listed below with requirements outlined for each role. With competitive pay, a strong benefits package, and a commitment to serve our members and community, DoverPhila is an ideal employer where you can learn, grow and serve. Apply today.

Open Positions

Apply Today

Board of Directors

Our Board of Directors are your neighbors.

We consider it a privilege to be locally owned and operated, and cherish the responsibility for making all credit union decisions right here in our community.

Board of Directors

Supervisory Committee

Nicholas Reynolds, CPA, Chairperson
Kevin Hamsher, Vice-Chairperson
S. Penny Triplett, Secretary – Treasurer
Larry Chiott, Assistant Secretary
Joel McKinnon
Eric (Rick) Andrews, CPA
Chrysanthe Vassiles
Randall Watson
Giuseppe Ionno

Chrysanthe Vassiles, Chairperson
Carol Lewis
Jack Dooling
Margie Strauss

  • History
  • A Message From Our CEO

History

History of Purpose, Since 1953: “Meet the financial needs of members.”

 

The philosophy at DoverPhila Federal Credit Union has always been “people helping people” — it’s a way of doing business that has allowed us to successfully build community since 1953. 

Originally established as an employee credit union known as Warner & Swasey Employees Credit Union and later known as Gradall Employees Credit Union, we have grown into a community-chartered credit union. We operate five offices in Dover, New Philadelphia, Newcomerstown, and Uhrichsville with nearly 100 employees, all of whom are proud and eager to serve the financial needs of anyone who lives, works, attends church or school in Tuscarawas County.
DoverPhila Federal Credit Union was established as a financial cooperative and is controlled by its members. We exist for the financial benefit of our members and to provide a level of service that meets our members’ financial needs. Low cost auto loans, higher interest rates on certificates of deposit (CDs), and a vast array of products and services are some of the ways we strive to achieve our corporate mission.

A Message From Our CEO

Dear DoverPhila Members,

I hope you and your family are doing well. I recognize the trust that you and the community place in the credit union, and the financial role that DoverPhila Federal Credit Union has served in your lives for over the last 60 years.

I want to send thanks for your continued support, and to share our commitment to supporting your financial needs now and in the future.

Over the last year, DoverPhila instituted multiple initiatives to support our members and the community during the COVID pandemic. We waived over $400,000 in members’ fees, offered fee-free crisis skip-a-payments on installment loans and home equity lines of credit, interest-only payment options for existing installment or home equity lines of credit, interest-free loan options that assisted up to three months of mortgage payments, and emergency loan options for short-term, small-dollar personal loans with up to 12 monthly payments and a 90-day first payment deferral.

Our ability to react quickly and to make decisions that benefit our members and not our bottom-line separates us from the competition. We don’t answer to stockholders, and as a result, we gave back an annual bonus-dividend to our members in the amount of $1.6M.

You can be confident that your credit union will continue to be your trusted financial partner. Your membership helps strengthen our leadership in Tuscarawas County. Together, we build a stronger community.

Jason Garner
President and CEO, DoverPhila Federal Credit Union


  • Member Benefits
  • Credit Union vs Bank

Member Benefits

With your $5.00 deposit, the benefits you receive as a credit union member are endless.

Become a member today and experience the DoverPhila difference:

      • Member owned and operated
      • Members vote and run for Board of Directors – that includes you!
      • Financial counseling for your most treasured investments
      • Insurance programs to ensure your best-laid plans don’t get derailed
      • Accounts that grow and mature with members of any age
      • Savings customized to your needs
      • Banking on-the-go to make your life a little easier
      • Access to five DoverPhila locations and over 5,000 shared branches nationwide
      • Bonus dividend at year-end
      • Low rates and flexible terms for loans
      • Industry leading technology, tools, and expertise to avoid fraud
      • Eight (8) convenient ATM locations
      • Exclusive discounts and benefits from trusted partners
      • Valuable services the moment you need them and more!
      • Free financial literacy from Banzai – an award-winning, online program

Members have saved nearly
$2 billion.

 

As a member of DoverPhila, we are excited to offer you exclusive discounts and benefits on products and services that you use every day. Credit union members have already saved nearly $2 billion with Love My Credit Union Rewards discounts. So if you are looking for more reasons to become a member then check out www.lovemycreditunion.org.

Credit Union vs Bank

credit union is defined as a “financial institution formed by an organized group of people sharing a common bond.”

 

Isn’t that what everybody wants from a banking relationship? 

FIRST, SOME BACKGROUND. Credit unions were formed as a means of providing credit to individuals to purchase items such as livestock, equipment and even bread at a substantially lower interest rate than was being charged at other banking or lending institutions. These “cooperatives” were not out to make a profit, but rather to serve the needs of their members. Over the years, credit unions have formed to service industries, corporations, communities and churches. They provide financial services that mirror a bank, but are generally smaller, more personal financial institutions. Credit unions serve a specific membership (often within a defined geographic area) and cater to their specific needs. 

Credit unions have grown over the last century and have become highly competitive with banks. So it’s not surprising that they look quite similar.  

 

SIMILARITY TO BANKS:

      • Credit unions offer checking and savings accounts, just like banks. 
      • Credit unions offer installment loans, mortgages, and credit cards, again, just like banks. 
      • And credit unions are federally insured up to the same dollar amount as banks ($250,000). While you may know banks as being FDIC insured, the equivalent for credit unions is known as NCUA insured (National Credit Union Administration). Both are backed by the United States government. This means that the only difference between the two is the type of institution they insure, not the reliability of that insurance.

The differences are what distinguish credit unions from banks — and it’s often an eye-opening discovery for many people unfamiliar with credit unions.

 

CREDIT UNION ADVANTAGES:

      • When you join a credit union, you’re no longer simply a customer, but a member and joint owner of the credit union.
      • As a member, individuals have the right to vote as well as run for the Board of Directors.
      • Credit unions are not-for-profit organizations. Banks on the other hand are for-profit organizations using their resources to maximize their earnings (often at the expense of the customer),
      • As a not-for-profit, credit unions can provide lower fees and loan rates, higher deposit rates, and dividend sharing to members. Though credit unions can and do produce earnings through good fiscal management, the belief is that those dollars belong to the members, not stockholders or management. Imagine receiving an annual dividend check from your banking establishment. It happens, but only at credit unions.  
      • The Board of Directors is comprised of credit union members who donate their time on a volunteer basis, whereas bank board members are compensated handsomely for their service. For example, of the five financial institutions to have reported board of director pay for 2012, JPMorgan, on average, compensated its directors $278,194 each. Only Bank of America, where directors are paid $275,000 each, pays less (New York Times, March 31, 2013).
      • This member-serving Board of Directors guarantees that the credit union is looking out for the interests of its members, not its own self-interest.
      • Members can take pride and comfort in the fact that decisions are made locally and not by some unknown corporate governance structure in another city or state.
DoverPhila mark Take ownership of your banking. Stop by your local DoverPhila branch and become a member today!
  • Careers
  • Board of Directors

Careers

Here’s your opportunity to join a team of nearly 100 employees across five offices who proudly call DoverPhila their place of employment. All of our currently open positions are listed below with requirements outlined for each role. With competitive pay, a strong benefits package, and a commitment to serve our members and community, DoverPhila is an ideal employer where you can learn, grow and serve. Apply today.

Open Positions

Apply Today

Board of Directors

Our Board of Directors are your neighbors.

We consider it a privilege to be locally owned and operated, and cherish the responsibility for making all credit union decisions right here in our community.

Board of Directors

Supervisory Committee

Nicholas Reynolds, CPA, Chairperson
Kevin Hamsher, Vice-Chairperson
S. Penny Triplett, Secretary – Treasurer
Larry Chiott, Assistant Secretary
Joel McKinnon
Eric (Rick) Andrews, CPA
Chrysanthe Vassiles
Randall Watson
Giuseppe Ionno

Chrysanthe Vassiles, Chairperson
Carol Lewis
Jack Dooling
Margie Strauss

A SIMPLE $5 DEPOSIT IS ALL IT TAKES.
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