Community News

Here is what’s happening in our greater community.

Annual Meeting
Notice of Annual Meeting & Election of Board of Directors
 Community Powered Federal Credit Union’s 63rd Annual Meeting
Location:
Executive Banquet & Conference Center
205 Executive Dr., Newark, DE
Tickets:
Available in late January 2024
 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.
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: Joyce Irwin and Loretta Viner.
Members are advised that Community Powered Federal Credit Union bylaws specify the following:
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/volunteerofficials. 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 26, 2025.
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.

JOYCE IRWIN
Joyce lives in Galena, MD with her husband Dale. She joined the Credit Union in 1978. Joyce retired from Delmarva Power having worked 31 years in Engineering, Information System, and System Operations. She is a member of Peniel UMC church and has served on several committees over the past few years. She is also President of the Conrad Alumni Band. Joyce became a Board Member in June 2013. She is also a member of the Delaware Saengerbund and she recently joined the board for the Middletown Community Choir.
 
LORETTA VINER
Loretta lives in S. St. Georges, DE . She joined the Credit Union in 1983. Loretta left Delmarva Power in 1997 having worked in the Construction Drafting Engineering Department for 14 years. Loretta is currently a Board Member and past Secretary for Family Help, Inc., which provides short term housing for local families in crisis in Middletown, DE. Loretta enjoys volunteering and is active in many community service volunteer groups and helps serve Breakfast with Santa at the Port Penn Fire House every year. She is a member of the Delaware Saengerbund and is an active volunteer with their events. Loretta enjoys spending time with family and friends, listening to live music, live theatre, visiting local vineyards, being outdoors and cooking. Loretta became a Board Member in January 2023.

2024 Community Powered Scholarship Winners

Ethan Padillo will be graduating from William Penn High School where he was in the Marching Band, Jazz Band, Indoor Percussion, and Science Olympiad Program. Ethan plans to study Electrical Engineering at the University of Delaware. 

 

 

Aarush Goyal is graduating from Appoquinimink High School where he was on the cross country and tennis team in high school. He will major in computer science at the University of Delaware Honors College.

 

Ryan Mahoney is graduating from The Delaware Military Academy where he earned both the DMA Pride and Seahawk awards. He will attend Williamson College of the Trades to study Landscape Construction and Management.

 

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

Spread the word about the benefits of being a Community Powered member where you get great rates and unique perks! For this limited time promotion, call us at (302) 368-2396 or stop in to one of our branches for more information.

*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

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Community Powered Federal Credit Union has been awarded the coveted BauerFinancial * 5-Star rating!  A 5 Star Rating is categorized as Superior and BauerFinancial recommends our institution.

“Bauer rates credit unions based on their overall financial condition,” reports Karen Dorway, president of the rating firm, “and has been doing so for over 40 years. Having a common bond or bonds with the membership, the employees of credit unions, like Community Powered Federal Credit Union, feel a kinship and have a desire to see members grow and thrive,” continues Dorway. “Members of Community Powered Federal Credit Union probably already know this. They have the privilege of belonging to a credit union that sticks to common-sense values with members in mind. It’s important to let those who might not be aware, know that they have the strength of a 5-Star credit union right in their midst.”

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!  A 5-Star Rating is categorized as Superior and BauerFinancial recommends our institution. “Bauer rates credit unions based on their overall financial condition,” reports Karen Dorway, president of the rating firm, “and has been doing so for over 40 years. Having a common bond or bonds with the membership, the employees of credit unions, like Community Powered Federal Credit Union, feel a kinship and have a desire to see members grow and thrive,” continues Dorway. “Members of Community Powered Federal Credit Union probably already know this. They have the privilege of belonging to a credit union that sticks to common-sense values with members in mind. It’s important to let those who might not be aware, know that they have the strength of a 5-Star credit union right in their midst.” 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.
Supervisory Committee
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.
Stay protected
Please make sure all of your contact information is up to date in our system. One of the ways we authenticate suspicious account activity is by phone number. Log into Online Banking, call (302) 368-2396, or stop by any of our branches to safeguard your accounts. Contact us before traveling, to ensure uninterrupted service.
Newsletters

Our semi-annual newsletters are available in PDF format. Please visit Adobe’s website for more information on the PDF format and to download the latest version of Adobe Reader

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Notice

By accessing this link you will be leaving Community Powered’s website and entering a third-party site. Community Powered is not responsible for or guarantees the content on that site. Privacy and security policies of the site may differ from Community Powered Federal Credit Union. Please review their privacy policy for terms and conditions.