Financial Guides

Every year, on the third Thursday of October, credit unions around the world come together to celebrate their shared mission of empowering individuals through financial cooperatives. In 2024, on October 17, the global credit union community will unite once again to honor International Credit Union

October is National Cybersecurity Awareness Month, a time dedicated to educating individuals and businesses about the importance of staying safe online. At Dover Federal Credit Union, protecting your financial information from cyber threats is a year-round priority, but this month presents a special

As the housing market continues to challenge both buyers and sellers, many are seeking alternatives to traditional fixed-rate mortgages. One such option growing in popularity is the Adjustable Rate Mortgage (ARM). At Dover Federal Credit Union, we provide tailored ARM options to meet various

Introduction Choosing the right savings vehicle is crucial for maximizing your financial potential. A money market account from Dover Federal Credit Union is an excellent option for those looking to grow their savings with higher interest rates and flexible access. This article explores five

Introduction Starting or expanding a small business often requires external funding. As a small business owner, understanding the various financing options available is crucial for making informed decisions. This article delves into the pros and cons of three popular funding methods: credit cards

Running a small business is as challenging as it is rewarding. Among the key responsibilities that come with being an entrepreneur, money management is paramount. With the right strategies in place, you can ensure your business remains profitable and sustainable. Dover Federal Credit Union, in

Purchasing a second home is an exciting opportunity, whether you're looking for a vacation spot, an investment property, or a future retirement home. However, buying a second home comes with unique challenges and considerations, especially in the current economic climate, where mortgage rates and

A commercial credit card is a financial tool designed specifically for businesses to manage their expenses, streamline payments, and maintain control over their finances. Unlike personal credit cards, commercial or business credit cards cater to the unique needs of businesses, allowing for greater

Commercial real estate loans are essential for businesses seeking to expand, purchase new property, or renovate their current facilities. These loans offer businesses the opportunity to invest in their future by providing the capital needed to purchase or improve commercial properties. At Dover

When it comes to tapping into the equity you've built in your home, there are several financial options available to homeowners. Two of the most popular choices are the Home Equity Line of Credit (HELOC) and the Home Equity Loan. Understanding these financial products is crucial for making informed