What's New

International Credit Union Day

On October 17, 2019, Community Powered will join with 56,000 credit unions around the world in celebration of International Credit Union (ICU) Day^®. We’ll be offering snacks and beverages at all of our locations to commemorate the celebration.

There are 200+ million credit union members around the world – more than 100 million in the U.S. alone – and Community Powered joins them in celebration of the not-for-profit cooperative spirit that all credit unions share.

This cooperative spirit has led to life-changing opportunities for people all over the world who have wanted to start a small business, own a home or continue their education but were denied access to other financial institutions. In many parts of the world, people’s first taste of democracy is through their credit union, where “one member, one vote” is the governing structure.

At its most basic level, a credit union is people pooling their money to provide each other with affordable loans – it is literally people helping people. This is why Community Powered celebrates ICU Day. Because credit unions empower people, wherever they are in the world or life, to take control of their financial future.

Notice of Annual Meeting & Election of Board of Directors

Community Powered Federal Credit Union's 58th Annual Meeting will be held on Friday, March 6, 2020.

Two Directors will be elected to the board in accordance of Community Powered Federal Credit Union bylaws. The established nominating committee has nominated the following candidates: Gerald Connor and Leonard Hiltz.

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 on our website at: www.cpwrfcu.org/board.php. 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 24, 2020.

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.

GERALD CONNOR

Gerald (Jerry) has volunteered for various functions for Community Powered FCU for the past 48 years. He has served on the Board of Directors from 1996 to the present. In addition, Jerry has served as chair of the Supervisory Committee for 42 years. He chaired the “Dues Analysis Committee” for the Delaware Credit Union League from 1998 to 2014. Jerry has completed numerous educational courses of the Volunteer Leadership Program (VLP), Volunteer Achievement Program (VAP), The Management Enrichment Training Program (MERIT), and the Staff Training and Recognition Program (STAR) offered through The Delaware Credit Union League. Jerry worked in accounting for Delmarva Power & Light for 40 years retiring in 2007. Jerry also served as Treasurer of Local 1238 for 20 years. A graduate of Goldey-Beacom College and he also attended the University of Delaware with a major in Accounting and Business Administration.

LENOARD HILTZ

Leonard (Lenny) lives in Townsend, 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 years as a Plant Manager and retired in 2012. He enjoys technology, reading, listening to oldies music on vinyl, bowling and playing golf in his spare time.

Capital One Data Breach

On Monday, July 29^th, Capital One announced that there was a security breach involving more than 100 million customers, compromising information such as Social Security numbers, credit scores, and credit card transaction data. At this point, Capital One has not disclosed how individuals can check to see if their information had been compromised.

Capital One will notify affected individuals through “a variety of channels” and offer free credit monitoring and identity protection available to all affected.

Below are some tips to help secure your account. These are great security suggestions regardless if you didn't have your information compromised.

• Enroll in account text and/or email alerts to help keep track of activity.


• Monitor credit card accounts for unusual or suspicious activity.


• Call the number on the back of the credit card if unusual activity is observed.


• Stay vigilant about the possibility of phishing emails and calls following the breach. Phishing is a malicious attempt to access personal information or bank accounts by posing as a legitimate company or official.


• Capital One is not calling customers to ask for credit card or account information or Social Security numbers over the phone or via email.


• Report emails suspected of phishing activity by forwarding it to the official Capital One security account, abuse@capitalone.com. Do not reply to suspicious emails and delete them after forwarding them to Capital One.

For more information and updates on how to tell if you’ve been affected, customers can visit the Capital One website established for this breach at https://www.capitalone.com/facts2019.

Visit Identitytheft.gov/databreach to learn more about protecting yourself after a data breach.

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 OnlineBanking, call (302) 368-2396, or stop by any of our branches to safeguard your accounts. Contact us before traveling, to ensure uninterrupted service.

Newsletters

Each issue of our newsletters are available in PDF format. PDF is a universal file format that preserves the fonts, images, graphics, and layout of any source document, regardless of the application and platform used to create it. For more information on PDF format, please visit www.adobe.com. To download the latest version of Adobe Reader, click here.

• Power Source - Fall 2019
• Power Source - Summer 2019
• Power Source - Spring 2019
• Power Source - Winter 2019
• Power Source - Fall 2018