Del-One Federal Credit Union’s Annual Meeting was held on Tuesday, May 21 at the Modern Maturity Center in Dover. Over 350 members, employees, family and friends attended the event. A delicious meal prepared by the staff at the Modern Maturity Center was enjoyed by all, and many door prizes were awarded! Board officers elected included D. Steven Smith as Vice-Chair, and Robert Baldwin and Kevin Mitten as Board Directors. Del-One appreciates and values the guidance and expertise provided by all of the amazing volunteers that continuously give of their time and talent to serve on the Board of Directors.
Both Board Chair Nancy Shevock and Interim CEO Ron Baron spoke of Del-One’s strong financial performance during 2018. Other exciting developments at Del-One included Credit Union National Association estimating that loyal, high-use households enjoyed $495 per household in direct benefits, membership grew 8% to over 66,000 members, participation in the Federal Home Loan Bank of Pittsburgh’s First Front Door program and the addition of nine new business partner relationships in 2018.
In 2018, Del-One was also recognized as a Top Workplace for the 7th year in a row and voted Best Credit Union for the 7th year in a row, both by the News Journal’s surveys. Del-One also received a 5-star rating from Bauer Financial, its best rating, and was recognized as Delaware’s Best Credit Union by Forbes. Two Delaware high school seniors were awarded $2,500 college scholarships, and employees of Del-One were recognized for years of service and accomplishments. Collateral Protection Coordinator Jory Moore received the Employee of the Year award, the Smyrna Branch received the Branch of the Year award, the Operations Support Department received the Department of the Year award for 2018.
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