Del-One Federal Credit Union
Where our commitment to serving members has been unwavering since our inception in 1960. As a member-owned financial cooperative, we pride ourselves on functioning as advocates for our members, diligently learning about their needs and desires to better assist them on their financial journey.
At Del-One, we extend beyond being merely a full-service financial institution with branches across Delaware. We are a community where members find a familial warmth, supported by a team that genuinely cares for their financial well-being.
As a not-for-profit organization, Del-One operates with our members’ best interests at heart. Any income earned above the cost of operations is potentially returned to our members in the form of dividends, through low interest rates on loans, or by investing in enhancing our products and services. This structure reflects our foundational principle: we are here to serve our members, not profit from them.
The essence of credit unions like Del-One is rooted in a simple yet profound cooperative principle that dates back to 19th century Europe. This principle revolves around the idea that people connected by a common bond—be it a place of employment, a community organization, or another affiliation—should have the ability to pool their resources and lend to one another. When a member opens a share account, they are not just saving money; they are becoming part owners of the credit union.
This communal approach to banking is underscored by values that prioritize character and community. We believe in lending for prudent and productive purposes, assessing a person's desire to repay as more significant than their mere capacity to do so. After all, our members are borrowing from their collective pool of resources, which includes contributions from their peers within the community.
At Del-One Federal Credit Union, member service forms the cornerstone of our mission. Whether it's providing a loan for unexpected medical expenses, offering financial counseling during tough times, or ensuring favorable terms on vehicle loans, our goal is to uplift our members and enrich the broader community.