Community News
Here is what’s happening in our greater community.
Community Powered’s 64th Annual Meeting will be held on Friday, March 6, 2026.
Location:
Executive Banquet & Conference Center
205 Executive Dr., Newark, DE
Tickets:
Ticket sales have ended.
Time:
Doors Open 5:30 p.m.
Dinner served at 6:30 p.m.
Meeting begins at 7:30 p.m.
All members are encouraged to attend.
Tickets may be purchased in advance, but will be handed out at the door before entering the meeting, as members must be present to enter to win prizes.
Two Directors will be elected to the board in accordance with Community Powered Federal Credit Union bylaws. The established nominating committee has nominated the following candidates: Gerald “Jerry” Connor and Leonard Hiltz.
Any member in good standing, not less than 18 years of age, is eligible for election to the board. Written petitions will be accepted by the nominating committee and must include a brief statement of qualifications, biographical information, and be signed by 1% of Community Powered Federal Credit Union members. Petition packets can be located at www.cpwrfcu.org/volunteer-officials. A completed nomination packet must be sent to the nominating committee at Community Powered Federal Credit Union, 1758 Pulaski Highway, Bear DE 19701, and postmarked by January 25, 2026.
Nominations will not be accepted from the floor and should the number of candidates equal the number of open positions, the chair may take a voice vote or declare each nominee elected by general consent.
Jerry has volunteered for various functions for Community Powered FCU for the past 54 years. He has served on the Board of Directors from 1996 to the present. In addition, Jerry has served as the chair of the Supervisory Committee for 48 years. He chaired the “Dues Analysis Committee” for the Delaware Credit Union League from 1998 to 2014. Jerry worked in accounting for Delmarva Power & Light for 40 years, retiring in 2007. Jerry has completed many of the educational courses offered by the Delaware Credit Union League, which have always proven to be excellent opportunities to improve the knowledge and skills one needs while serving as a volunteer in the credit union movement. Jerry looks forward to using his knowledge and experience while serving as a volunteer for Community Powered FCU. He will use the opportunity to improve the operations and the efficiency of the organization.
Lenny lives in Newark, DE, with his wife. His daughters live in Delaware and Pennsylvania. He has a previous background as a Board Director with the LYCL Postal FCU – now known as Horizon FCU. Lenny worked with USPS for over forty-five years and retired in 2012 as a Plant Manager. He enjoys technology, reading, listening to oldies music on vinyl, playing Mexican Train dominoes, Mahjongg and playing golf in his spare time.
Help Grow Our Community and Get Rewarded!
Refer-a-Friend Promotion
When you bring other people into the Community Powered Federal Credit Union family, you can win cash or prizes! With our Refer-a-Friend Promotion, you have the chance to earn cash or merchandise by referring family, friends, and co-workers to the Credit Union. All they have to do is open both a Checking and Savings Account* and you get your pick of rewards. The more friends you refer, the more you can win!
Ways to earn prizes:
2 Referrals = $100 OR Apple AirPods®**
3-9 Referrals = $50/per referral
10 Referrals = iPad Mini®**
11+ Referrals = $50/per referral
*New members must complete New Member Referral Bonus forms when opening their account. See credit union for more details.
**Apple is not a participant in or sponsor of this promotion. In the event that Apple AirPods are not in stock please allow up to 30 days to receive the prize.
Bauer 5-Star Rating
Community Powered Federal Credit Union has been awarded the coveted BauerFinancial * 5-Star rating for a Delaware record of 122 consecutive quarters! The 5-Star Rating is categorized as Superior and BauerFinancial recommends our institution. “Because credit unions put their focus squarely on their membership, they are perfectly positioned to provide the specialized support that is unique to their niche,” assures Karen L. Dorway, president of BauerFinancial. “Credit unions, like Community Powered Federal Credit Union, invest in the success of their members one at a time. By fostering these relationships, they accomplish two goals: they are typically highly capitalized, and they are accountable to their members.”
Bauer uses the same strict guidelines to rate all banks and all credit unions and makes those ratings available to everyone on their website. BauerFinancial is completely independent and doesn’t get paid to rate an institution, nor can any institution avoid being rated. This practice has earned the respect of regulators, bankers, and consumers across the United States. They have been analyzing and reporting on the industry since 1983. Read the full press release
Community Powered Federal Credit Union has been awarded the coveted BauerFinancial * 5-Star rating for a Delaware record of 122 consecutive quarters! The 5-Star Rating is categorized as Superior and BauerFinancial recommends our institution. “Because credit unions put their focus squarely on their membership, they are perfectly positioned to provide the specialized support that is unique to their niche,” assures Karen L. Dorway, president of BauerFinancial. “Credit unions, like Community Powered Federal Credit Union, invest in the success of their members one at a time. By fostering these relationships, they accomplish two goals: they are typically highly capitalized, and they are accountable to their members.”
Bauer uses the same strict guidelines to rate all banks and all credit unions and makes those ratings available to everyone on their website. BauerFinancial is completely independent and doesn’t get paid to rate an institution, nor can any institution avoid being rated. This practice has earned the respect of regulators, bankers, and consumers across the United States. They have been analyzing and reporting on the industry since 1983. Read the full press release.Our Supervisory Committee is a key part of the Credit Union. Do you want to become involved in making sure your Credit Union has established practices and procedures to properly safeguard members’ assets? If you are interested in joining the committee or learning more, please contact the Credit Union at (302) 368-2396.
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