Del-One opens interactive teller center in Rose Hill

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From left: Banking Desert Initiative co-founder Ron Handy Sr., Del-One FCU CEO Ron Baron, State Treasurer Colleen Davis & Banking Desert Initiative Co-Founder Larry Lambert.

Last week,a grand opening and ribbon-cutting ceremony was held at the Rose Hill Community Center near Wilmington to celebrate the installation of a Del-One Interactive Teller Machine.

The ITM offers immediate access to a live remote teller during business hours. A live teller can answer questions and personally assist the member with transactions. The ITM also functions as an ATM machine.

A Del-One staff will be on-site twice a week to assist members.

The opening of the iTM at Rose Hill signifies the beginning stages of an ongoing partnership between Del-One and the New Banking Delaware/Banking Desert Initiative that identified a “banking desert” in the Route 9 area.

Founder of the New Banking Initiative Larry Lambert stated, “When you don’t have financial services for years and generations of people are cashing checks at liquor stores, it starts to change how you look at financial literacy. It changes how you handle money.”

Del-One FCU CEO Ron Baron became aware of the situation and realized the “banking desert initiative is exactly what Del-One Federal Credit Union has been doing for nearly 60 years.

Delaware State Treasurer Colleen Davis stated, “Delaware’s Route 9 Corridor is unique; it’s history is diverse, and its sense of community are a beacon that shines as an example throughout the state”.

Plans also call for a Del-One Student Branch at William Penn High School, and a full-service Del-One branch at the former Elbert Palmer Elementary School in Southbridge, also in the Route 9 area.

Baron said Del-One will hire members of the community to staff operations.

Del-One Federal Credit Union has $481 million in assets with 11 full-service branch locations in Delaware. It serves 70,000 members. Visit www.del-one.org for more information.

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