The Del-One Federal Credit Union is a credit union that offers membership to employees of the state of Delaware, and their immediate families, and to employees of certain companies and groups within Delaware, according to the company website. Additionally, the credit union extends membership to individuals who live, work, worship, attend school or are involved with a business or organization in the town of Georgetown, the cities of Milford, Newark and Wilmington, and the area of West Dover in Delaware.
Del-One Federal Credit Union offers its members a variety of services and products, explains the Del-One website. It offers savings accounts, money market accounts, retirement savings accounts and savings accounts for specific events such as vacations. Additionally, the company offers interest-bearing checking accounts, and savings accounts geared toward young children and students. Del-One Federal Credit Union provides home equity loans and mortgages, as well as payday and student loans. The company also offers general consumer loans for things such as medical bills, vehicle purchases and debt consolidation. The credit union uses Visa card products, including checking account debit cards, prepaid debit cards and a credit card.
Del-One Federal Credit Union is a not-for-profit organization, so any profit it makes above its operating costs is returned to its members or invested in expanding its services. Members of the credit union all own a piece of the organization, and individuals must be members to borrow or bank with them, explains its website.