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Del-One FCU partners with The Springboard Collaborative

DOVER, DE (March 10, 2023) — The Springboard Collaborative, whose mission is to “build affordable housing communities that foster well-being for all Delawareans in need”, has recently opened the Georgetown Pallet Village. This group of tiny homes in Georgetown, Delaware provides shelter as well as community support for close to 50 residents. The Pallet Village acts as transitional housing for those experiencing homelessness or housing insecurity.

In addition to the homes which provide air conditioning, heating, and electricity, the village also has common bathrooms with showers on a fence-enclosed property monitored by staff during the day and by professional security at night. Meals are provided to residents, along with access to transportation for off-site programs and job searching.

Del-One Federal Credit Union and The Springboard Collaborative signed a Memorandum of Understanding that calls for Del-One to be the exclusive financial institution to provide literacy programs and workshops to Village residents, and the availability of an onsite ATM. President & CEO Ron Baron stated, “The partnership with The Springboard Collaborative is one of among several community outreach efforts that Del-One is committed to providing not only financial literacy and financial wellness, but also volunteer and financial support to outstanding programs like the Georgetown Pallet Village.”

Del-One, through a partnership with VISA, donated $50,000 toward the building of the Village’s Community Center which will be used for meals, mental and physical health services, job training, financial literacy training, workshops, and recreation. “Del-One’s Teammates are embracing the opportunity to work with individual residents to assist them on their financial journeys. The chance of making a difference in a fellow Delawarean’s life is extremely gratifying.” Mr. Baron stated. In addition, Del-One teammates will provide weekly financial wellness assistance on subjects such as banking basics, budgeting, & money management.

Standing on the site of the planned Community Center, pictured: L-R: Senior Associate of Horizon Philanthropic Services Chuck Ward, Georgetown Mayor Bill West, The Springboard Collaborative Co-Founder and Director of Operations Judson Malone, and with Del-One: Board Chair Steve Smith, President/CEO Ron Baron, CLO John Chartrand, Director of Branch Operations Donna Robinson and Assistant Director of Branch Operations Adrian Romero.

About Del-One Federal Credit Union

Del-One Federal Credit Union has over $706 million in assets with full-service branch locations throughout Delaware and serves over 82,000 members. Visit www.del-one.org for more information.