The employees of the Delaware State Hospital founded Health and Social Services Federal Credit Union in 1963 to provide sound and affordable financial services for themselves and their families.
In 1990, this credit union merged with the Chamber of Commerce FCU, and they both became Delaware Alliance FCU. Today, Delaware Alliance FCU serves approximately 6,000 members, which includes employees of more than 90 organizations and their families. As we continue to grow, we still maintain the credit union philosophy of "people helping people" and strive to provide our members with friendly, personalized service.
Our mission is to build lifelong relationships by providing high quality financial services that help our member-owners better manage their money, to improve their lives.
More About Credit Unions
Credit unions are like banks and other financial institutions in that they offer similar products and services. They’re different because they're cooperatives, owned by the members they serve. Anyone who opens an account with a deposit of just $5 secures a share in the credit union.
They’re also not for profit institutions. That means all of the profits go back into the credit union, not to stockholders — resulting in better rates and dividends and fewer fees. You could save hundreds or even thousands of dollars just by being a member.