Community News
Here is what’s happening in our greater community.
Community Powered’s 64th Annual Meeting Recap
On Friday, March 6, 2026, we gathered at the Executive Banquet Hall in Newark, Delaware, for an evening of celebration, connection, and exciting updates at Community Powered’s 64th Annual Meeting. With a great dinner and a room full of members, Chairman Gerald Connor officially kicked off the meeting, highlighting another year of growth, impact, and forward momentum.
Over the past year, we welcomed 1,593 new members, bringing our total membership to 11,264. Our team worked hard to fund 369 loans totaling $9 million, helped members with more than 108,000 in person transactions, and answered over 28,000 calls, with an impressive 96% answered in under a minute. We also maintained a strong 16.58% net worth ratio, reinforcing our financial strength and our commitment to serving you.
This year also marked a major milestone for our credit union family: the successful merger with Delaware Alliance Federal Credit Union (All 4 You). By joining forces, we expanded our reach, welcomed new members, and strengthened our ability to deliver exceptional service across Delaware. This partnership brings together two organizations rooted in community, and we’re thrilled to have the All 4 You members and team as part of Community Powered.
The evening also featured the reelection of Gerald “Jerry” Connor and Leonard “Lenny” Hiltz to our Board of Directors, ensuring continued leadership, stability, and vision. And of course, no Annual Meeting would be complete without some fantastic door prizes—congratulations to our lucky winners. If you missed this year’s event, don’t worry. You won’t want to miss the next one. Mark your calendars for 2027 and stay tuned for details on how to secure your spot at this fun and informative gathering.
Thank you for being part of the Community Powered family. We can’t wait to see what we accomplish together in the year ahead.
Bauer 5-Star Rating
Community Powered Federal Credit Union has been awarded the coveted BauerFinancial * 5-Star rating for a Delaware record of 123 consecutive quarters (over 30 years)! The 5-Star Rating is categorized as Superior and BauerFinancial recommends our institution. “Credit unions like Community Powered Federal Credit Union are perfectly positioned to provide the specialized support that is unique to their membership,” observes Karen L. Dorway, president of BauerFinancial. “These institutions promote growth by investing back into the same field of membership from where the deposits originated. By fostering these relationships, they are highly supportive of, and accountable to, their members. This also enables them to anticipate new needs and desires and gets the wheels in motion to satisfy those needs.”
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 123 consecutive quarters (over 30 years)! The 5-Star Rating is categorized as Superior and BauerFinancial recommends our institution. “Credit unions like Community Powered Federal Credit Union are perfectly positioned to provide the specialized support that is unique to their membership,” observes Karen L. Dorway, president of BauerFinancial. “These institutions promote growth by investing back into the same field of membership from where the deposits originated. By fostering these relationships, they are highly supportive of, and accountable to, their members. This also enables them to anticipate new needs and desires and gets the wheels in motion to satisfy those needs.”
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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