You’ve probably heard of a home equity loan or home equity line of credit (HELOC), but the differences and similarities can be confusing. We’re here to define a home equity loan vs. line of credit and help you figure out which one is best for your goals. What Is “Home Equity”? Choosing the loan option
As part of our ongoing effort to provide the best and easiest service and experiences for our members, our goal for 2025 is to use feedback from every survey we receive to gain insight on how we can improve the overall needs of our members. These surveys will be sent periodically to groups of randomly
April is Financial Capability Month, making it the perfect time to put fresh eyes on your finances. Ever checked your account balance and thought, Where did all my money go? You’re not alone. A well-structured budget doesn’t have to be about cutting back – it’s about gaining control, reducing stress, and working toward what matters,
Whether you’re just starting out or are a seasoned business owner, it’s important to know what business services are available to you. At Del-One Federal Credit Union, we believe that business banking is just like any other business partnership. We strive to be the top business bank in Delaware by providing top-notch services for business
Click here for the PDF version Del-One Members: Happy New Year! On behalf of all the amazing teammates that make Del-One a special place to call home, we wish you a healthy, happy, and prosperous 2025. Del-One’s commitment to be the easiest place to do business for our members continued to be our north
The Del-One Foundation, fueled by teammates from Del-One Federal Credit Union, raises funds throughout the year to give back to local Delaware non-profits. Funds are raised through foundation membership dues, donations by employees to wear jeans, candy and vending sales, and a golf tournament in September. In 2024, $62,000 was raised and donated to local
The Delaware Foster Care Transitional Resource Center works with young adults as they make the transition from foster care to a self-supporting and productive adulthood. This organization works with program participants to “bring together the people and resources needed to connect/re-connect youth to education, employment, health care, housing, business, personal and community relationships.” The Del-One
Del-One Federal Credit Union held a Grand Opening & Ribbon Cutting event at the new Lewes branch on Friday, December 6th, 2024. The new branch is located at 24157 Zinfandel Lane at the Vineyards near Five Points. Many individuals from local businesses and chambers of commerce, along with Board members and teammates from Del-One gathered
As we enter this special season of giving, the Del-One Foundation voted to donate thousands of dollars to local charities. One of these chosen charities is Our Daily Bread, which is the only soup kitchen in the Middletown, Odessa, and Townsend region. Last year, this organization served over 43,000 meals to those in need. The
Not all financial institutions are created equal. In fact, the benefits of joining a credit union vs. a traditional bank are huge. Finding the right financial institution is important to your financial success and meeting your goals. Let’s break down what makes a community-focused credit union unique. While credit unions and banks have similar account
