About Us

WE'RE YOUR NEIGHBORS WHO CARE—GET TO KNOW US

Since 1960, Del-One Federal Credit Union has helped its members live a better life. Our member-owned financial cooperative’s staff work as member advocates by learning their needs and wants, and helping them reach their financial goals. Del-One is more than just a full-service financial institution with branch locations throughout Delaware—it is a place where members are treated like family.

Choose Del-One and start building your own financial success story.

Become a Member

What's your story?

Del-One Stories is a series where real Del-One members share their own unique stories about their experiences with Del-One. We aim to enrich the lives of our member-owners, and are honored to act as financial partners through all stages of life.

Abigail’s Story

Hearing that her husband was diagnosed with cancer was terrifying, and finding out he only had a few months to live left them in a harsh reality. Abigail’s passion for writing was at the heart of the deep connection she shared with her husband. She upholds his legacy by continuing to publish his unfinished works.

Laurie’s Story

Laurie witnessed her daughter suffer and ultimately succumb to cancer. She watched on as the traditional hopes and worries of a young teenage girl gave way to those of chemotherapy, medical procedures, and remission. She experienced the devastating manner in which cancer can alter the course of a child’s life, robbing them of their carefree exuberance. After fulfilling her daughter’s wish of starting Kay’s Kamp, Laurie witnessed the impact and importance camp had on the children. In this way, Laurie is giving the children of Kay’s Kamp what Kaylyn wanted herself: a place to leave her worries behind, a place to not worry about her scars, a place to be a kid again.

Calvin’s Story

The Suggs are a family that, unfortunately, have a common story. They struggled financially for many years, falling into bad credit, and found themselves in a place where they never thought they’d be. It was with the help of their close relationships with friends and family that has helped them develop a sense of financial freedom. It has freed them from the worries and fears of financial hardships.

Grace’s Story

With a desire to see young people take charge of their own future, Grace Yeung began a journey with Del-One’s Student Branch at Dover High School in 2017. It was there she learned the importance of member advocacy and teamwork in the world of finance. Now attending college in Boston, Massachusetts, she carries these behaviors and her aspirations into her college life.

Established as Delaware Highway Federal Credit Union

1960

Merged with Delaware Center FCU

1991

Merged with American Mirrex Federal Credit Union

1996

Changed Name to Delaware Federal Credit Union d/b/a Del-One

2006

Established the Better Life Association, Inc., d/b/a Del-One Foundation

2009

Merged with Seaford Federal Credit Union

2013

Merged with U-Del Federal Credit Union and Newport Site Employees Federal Credit Union

2015

1967

Changed name to Delaware State Employees Federal Credit Union

1995

Changed name to Delaware Federal Credit Union

1999

Merged with Delaware Transit Employees Federal Credit Union

2008

Merged with Department of Labor Federal Credit Union

2011

Changed name to Del-One Federal Credit Union

2014

Changed foundation name to Del-One Foundation

2017

Merged with ICI America Federal Credit Union

What is a Credit Union?

Since Credit Unions are not-for-profit organizations, income earned above the cost of operations may be returned to the members in the form of dividends, low interest rates on money borrowed, or invested in additional products or services. Credit unions are made up of people with a common bond—something that draws them together, such as a place of employment, an organization, a church, etc. When someone joins a credit union, they open a share account (savings). It is called a share account because the individual becomes part owner of the credit union.

The credit union idea is a simple one: people should be able to pool their money and make loans to each other. It’s an idea that evolved from cooperative activities in 19th century Europe. Since that time, the idea’s guiding principles have remained the same: only people who are credit union members should borrow there, loans are made for prudent and productive purposes, a person’s desire to repay (character) is considered more important than the ability to repay. Members are, after all, borrowing their own money and that of their friends. These principles still govern most of the world’s credit unions.

Member service is the foundation of the credit union movement. Whether a credit union is providing a loan to help a member cover unexpected medical bills, giving financial counseling to a member whose company closed its doors, or simply offering a better deal on a used car loan, the credit union is helping its members and the community as a whole.

Meet our team of leaders — elected by you each year

The credit union is run by a volunteer Board of Directors who each serve a 3 year term. The Board sets the general policies and procedures for Del-One FCU. The membership votes to elect or re-elect the board on an annual basis.