IT'S GOOD
TO BE GREEN

With a DPL Home Equity Loan

Call today at (302) 633-4323 or (302) 368-2396, or stop by your nearest DPL office.

*APR = Annual Percentage Rate. Your APR may vary based on individual credit profile.

HOW SAFE IS YOUR CREDIT UNION

The short answer to this question is: Very Safe. The safety of credit unions is based on three specific factors, its structure, business practices and the insured status of members’ savings.

• Structure
  • The declines in the stock market have no direct effect on DPL Federal Credit Union.  By law, credit unions are not allowed to invest in the stock market or other speculative type investments.  Members’ savings are mainly reinvested in loans to fellow members and debt obligations backed by the U.S. government.
• Business Practices
  • DPL is known for prudent loan underwriting.  From 2005 to the present we have issued $89.5 million in loans.  During the same period we have charged $1.55 million (1.73%) in uncollectible loans against reserves.  DPL currently has $13.7 million in capital/reserves and is rated “well capitalized” by the National Credit Union Administration. With capital at this level (12.9%) DPL is uniquely poised to withstand the pressures of the current economic downturn.
• Your Insured Funds
  • Accounts at DPL Federal Credit Union, like all federal credit unions, are insured by the National Credit Union Share Insurance Fund.  Regular accounts are insured up to $250,000.00 and IRA accounts up to $250,000.00.  Not one penny of insured savings has ever been lost by a member of a federally insured credit union.

In this current environment of economic uncertainty, there is one thing you can be sure of.  DPL Federal Credit Union continues to be one of the safest places to place your life savings.  We are also poised to help you, doing business as usual in these turbulent times.