Del-One Federal Credit Union will open a financial services center in the Route 9 area.
The site comes out of efforts to address a “banking desert” along a stretch of Route 9, which runs between New Castle and Wilmington.
A release from the office of Delaware State Treasurer Colleen Davis announced that the credit union will open a center with an interactive teller machine as well as an in-person teller three days a week.
The release noted thatGulftainer’s Training Facility at Elbert Palmer Elementary School and William Penn High School will also host credit union services in the future.
The Route 9 corridor, an area with a large percentage of low-income residents, has no branch banks.
“Route 9 community leaders like Ron Handy Sr. brought people together to solve their own problems, as they have found themselves doing for decades. This month, the community will realize the opening of not one, but three reputable financial institutions throughout the corridor. It has been my honor to talk with community leaders, to hear their story, and to learn of their self-efficacy. By empowering themselves and doing this entirely on their own, their achievement is that much more significant,” Davis stated.