What is the difference between and elder and a deacon?

Biblically, elders are to “direct the affairs of the church” and serve as the spiritual overseers. (I Timothy 5:17; Acts 20:17-21; I Peter 5:1-4).  Deacons are “servants” (literally the meaning of the word – I Timothy 3:8-10) who have the responsibility for serving the physical needs of the fellowship.