Delta Federal Credit Union has as its mission the responsibility for providing an efficient, effective, and well-managed financial institution that meets the needs of its membership. In order to accomplish this mission, the Delta Federal Credit Union will continue a sound yet progressive asset management strategy and provide new and improved financial services to current and future members through membership input and management initiatives.

History and Structure

The credit union was originally opened for the teachers of the Greenville Public School District in 1951. The credit union operated as Greenville Educational Credit Union until 2012 when the name was changed to Delta Federal Credit Union. The name was changed to be more representative of the current membership. The ownership has never changed, because the credit union has always been owned by the membership.

Delta Federal Credit Union is a Voluntary, nonprofit, cooperative association of individuals sharing a common employment bond as defined by our field of membership. Each member is an owner of the Credit Union and is entitled to a single vote regarding the business of the Credit Union.

Each year Members gather at the Annual Meeting to elect our seven-member Board of Directors from the Membership and to conduct other such business as may be brought to the meeting’s attention. Board members are uncompensated volunteers. The Board of Directors elect their own officers from the group that the Membership elects to serve as directors. Our officers consist of Chairman, Vice Chairman, Secretary and Treasurer. The Board is ultimately responsible for the success of the Credit Union and sets Credit Union policy. The Board appoints the Supervisory Committee. The Supervisory Committee is the Credit Union’s and the Membership’s watchdog. While it is appointed by the Board from the Credit Union’s Membership, it too is directly responsible to the Membership. The Committee is responsible for regulatory and procedural compliance and Credit Union safety and soundness.