We are defined by our community!
Very few banks are defined by their communities in the same way that a community-chartered credit union is. What do we mean by this? Credit Unions, when they are chartered, must define a "field of membership". In other words, credit unions define who they are serving, and are tasked with focusing only on the needs of that group. Sometimes a field of membership may simply be the employees of a particular company or organization (like a school district). Other times, a field of membership might be broader, such as those who live in a particular geographic area. In our case, Delta County Federal Credit Union serves those who, "Live, work, worship or attend school in Delta County, Colorado".
Why do we tout this as an advantage? Simple, when we know who we are serving, and that field of membership is well-defined and limited geographically, we get to really know our community and the needs of our community. The well-being of the Credit Union is completely tied to the well-being of our membership - and that's good for everybody. We are home grown and focused fully on our home community. We hope you see the benefit!