Member of the Month

Member of the Month

Name:            Mark Corea

Title:               Indirect Lending Manager

Business:       Dover Federal Credit Union

Address:        1075 Silver Lake Blvd. Dover, DE. 19904

Hours:            8:30am – 7:00pm

Phone:           302-678-8000 ext. 3112

Website:       https://www.doverfcu.com/

Email:            mcorea@doverfcu.com

 

Tell us a little about your business/organization:  how did it begin; what are your services/products, etc.

Dover Federal Credit Union was first chartered in 1958 by a handful of Air Force and civilian workers at Dover Air Force Base. Their 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. Today we serve over 40,000 members, encompassing the military, Delaware families, and over 450 Workplace Partners.

Dover Federal offers a full line of financial products including Mortgages, Home Equity loans and lines of credit. Credit cards, several types of checking and savings accounts including business accounts. Auto loans, both direct and indirect, personal loans, commercial loans, CD’s, IRA accounts, youth savings accounts, money market accounts.

 

Tell us about your role in the business/organization.

As the Indirect Lending Manager, I represent DFCU for our dealer partners, which includes nearly every new car franchise in Delaware from New Castle to Sussex County and several in Maryland.

I am a point of contact for the dealers with questions or any issues that may arise, which may include funding loans and loan decisions. DFCU has built and maintains strong relationships with our dealers to insure they and our members both existing and new have a positive experience with both the dealer and DFCU.

 

Tell us something that makes your business/organization unique. 

Relationships are very important to us, building trust and being consistent with decisions, being available to assist with any issues that may arise in day to day business. We offer very competitive rates and terms and we make it easy to do business with us.

 

 

What do you see for the future of your business/organization?

The finance world is steadily evolving, we have overcome many issues through the pandemic, including rising auto prices, chip and inventory shortages. We strive to keep up with this ever-changing business. We will continue to offer great service to our dealer partners and members alike.

We will remain consistent with our services and make changes and develop new products as needed to continue our success.

 

 

How has the Chamber helped your business/organization grow?           

CDCC helps gives Dover Federal Credit Union exposure to the local community and helps us form and maintain relationships through networking within the community we serve.

 

What is your best advice to other businesses/organizations?

Be consistent and build strong relationships in the community you serve.

 

Do you want to be a future Member of the Month?

Enter your business card in the drawing at the
Any Sunset Business Mixer 
Last Wednesday of the Month (see Event Calendar for details)
5:00 pm – 7:00 pm

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