The Dort Federal Credit Union was founded in 1951. The primary motive of establishing such an organization was to serve the workforce of AC Spark Plug (automotive company). At present this institution provides service to the inhabitants and workforce of a number of counties in southeast Michigan.
The Dort Federal Credit Union is providing services to more than 46,000 members at present. There are about 450 Union. The institution is owned by the members and the money kept in the institution is also used for the members.
The Dort Federal Credit Union is regulated by a Board of Directors selected by the members of the Credit Union.
Services of Dort Federal Credit Union
There are a number of reasons of saving money and for almost every reason, the Dort Federal Credit Union has an account. some of these accounts are developed in such a manner that, the money can be used for the purpose of investment also. The interest rates offered by the Credit Union for the savings are also higher than the other financial organizations. On the other hand, the investment options provided by the Dort Federal Credit Union helps the money to grow rapidly and the investor gets the maximum returns from the investments. At the same time, there are some secured investment plan also where the growth rate is a bit slow but the money is safe.
Some of the products offered for the savings and investment purpose are as follows:
Retirement and Money Market Accounts
Savings Plus Money Market Account
Individual Retirement Account (IRA)
Term Share Certificates
The Dort Federal Credit Union provides a number of loans for different purposes. The Interest rates are low and the repayment options are easy. The repayment of the loan amount can also be done through the Direct Deposit Option where the payments are deducted automatically from the accounts of the borrower.
Some of the loans offered by the Dort Federal Credit Union are as follows:
New or used Cars Loans
Old or new trucks
Home Equity Loans
Water Crafts Loan
Apart from these loans, the Dort Federal Credit Union also offers credit cards to provide the members with the option of easy availability of finance. On the other hand, the credit union also offers several mortgage loans. The mortgage loans are provided for both long and short tenures. There are different types of mortgage loans like mortgage for purchasing a new house or for refinance. The interest rates may be fixed or adjustable Contact Details Dort Federal Credit Union
P.O. Box 1635, Flint
Last Updated on : 27th June 2013