Find the latest Dover Federal Credit Union CD rates, offers, and promotions here.
Best CD Rates: 5.00% APY, 6-Month High Rate Certificate($100K Minimum), 4.80% APY, 24-Month Flex Share Certificate($500 Minimum)
Availability: Nationwide. Membership is open to anyone by joining the Friends of Bombay Hook($15 for individual membership).
Credit Inquiry: Soft Pull
About Dover Federal Credit Union
Established in 1958 by a handful of Air Force and civilian workers, Dover Federal Credit Union’s goal was to create a member-owned financial cooperative, democratically controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members.
Eligibility: You are eligible to take advantage of quality financial services at Dover Federal if you meet one of the qualifications below:
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Dover Federal Credit Union offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you.
Term | APY Rate | Minimum Deposit |
6-Month High Rate Certificate | 5.00% | $100,000 |
12-Month | 2.50% | $500 |
15-Month Flex Share Certificate | 4.49% | $500 |
18 Month | 0.01% | $500 |
24-Month Flex Share Certificate | 4.80% | $500 |
24-Month | 3.00% | $500 |
30-Month | 0.01% | $500 |
36-Month | 2.00% | $500 |
48-Month | 2.00% | $500 |
60 Month | 2.00% | $500 |
*The above rates are accurate as of 01/18/2023*
Dover Federal Credit Union CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.
If you have a minimum of $100,000, you can invest in a Dover Federal Credit Union CD account to maximize your earnings. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.
- Minimum deposit: $100,000
- Maximum deposit: None
- Early withdrawal penalty: If your account has an original maturity of one year or less: The penalty we may impose will equal 90 days dividends.
(NCUA Insured)
Compare to the best CDs such as Bellco Credit Union 17-Month CD (5.00% APY), Sallie Mae Bank 27-Month CD (4.85% APY), CIT Bank 18-Month CD (4.60% APY), Blue Federal Credit Union 15-Month CD (4.80% APY), Quontic Bank 12-Month CD (4.45% APY), Sallie Mae 14-Month No-Penalty CD (4.40% APY), and Western Alliance Bank 12-Month CD (5.01% APY). |
Important Details for Dover Federal Credit Union
- Funding – ACH, wire, or check.
- CO-OP Shared Branch Participant –No.
- Dividends – Compounded/credited monthly and can be transferred to a specified Dover Federal savings/checking account.
- Maturing Funds – Wire ($20 fee), cashier’s check, or transfer to an existing Dover Federal checking/savings account.
- Beneficiaries – Unlimited, percentages can be assigned, Social Security numbers are NOT required.
- Grace Period – 10 calendar days before automatic renewal.
Dover Federal Credit Union CD Features
- Competitive rates on all CD terms
- Free online and mobile banking
- Insured by the NCUA up to the maximum allowed by law
Bottom Line
This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs. However, do note that this rate has lowered, so if you aren’t interested, be sure to check out the best rates below.
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 12-Month CD Rates
- Best 18-Month CD Rates
- Best 24-Month CD Rates
- Best 36-Month CD Rates
- Best 48-Month CD Rates
- Best 60-Month CD Rates
You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest Dover Federal Credit Union CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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