Current Rates – DoverPhila Federal Credit Union
Interest rates change as a reflection of current economic conditions – and not just conditions here in Tuscarawas County, but across the country and round the world. In general, when the economy is doing poorly, overall economic indicators and rates tend to go down to spur economic activity and “bank rates” (as well as credit union rates) tend to follow. Likewise, when the economy is doing well, interest rates tend to rise.
As your credit union, our job is to provide you with competitive rates consistent with economic conditions. It’s that simple. Sometimes we might be the lowest rate and other times we may not. But as a nonprofit, our charter ensures that what we gain in revenue goes back to our members in the form of a dividend.
Learn all about our interest rates below. Then learn more about the differences between banks and credit unions here.
Effective April 1, 2021 – rates are effective until further notice.
Personal Savings 0.050% 0.05%
cu$aver Savings 0.050% 0.05%
DP’s Kids Club Savings 0.050% 0.05%
Trucks,Vans,
and Motorcycles 72 month
3.25% 2016 – 2021 $15.31
and Motorcycles 60 month 3.25% 2013 – 2015 $18.08
and Motorcycles 48 month 3.25% 2012 – Older $22.24