Community Powered Federal Credit Union is a credit union in Bear, Delaware, serving individuals and businesses across New Castle County, north of the Chesapeake and Delaware Canal. Founded in 1962 as DPL Federal Credit Union, the institution was established to support employees of the Delmarva Power & Light Company, guided by a mission to prioritize member financial welfare. Over time, it expanded its field of membership to include employees of the News Journal Company, Hercules, Incorporated, and eventually the broader community of Wilmington. The credit union offers a full range of services, including checking and savings accounts, personal and auto loans, mortgage lending, debit and credit cards, and digital banking tools. It maintains a strong commitment to responsible lending and member service, with a network of branches across the region, including its headquarters in Bear. The credit union holds a 3.40-star rating from customer reviews.
Rooted in a legacy of vision and community focus, the credit union traces its origins to Joseph Leary, its first president, who emphasized forward-thinking financial stewardship. The organization evolved through strategic expansions, including the 2004 inclusion of employees from the News Journal Company and Hercules, and the 2005 acquisition of United Communities Credit Union. In 2009, it received a federal charter under the name Community Powered Credit Union, reflecting its broader mission. The credit union continues to operate with a focus on member empowerment, maintaining consistent lending standards and expanding access through strategic branch relocations, such as the move of the News Journal branch to Quigley Boulevard and Route 273 for greater accessibility.
The credit union’s headquarters is located at 1758 Pulaski Highway in Bear, Delaware. This location serves as the central hub for its operations, including its primary branch and administrative functions. The building is situated along a major regional roadway, providing easy access for members throughout New Castle County.
Community Powered Federal Credit Union demonstrates strong online visibility and credibility, with a well-optimized website that search engines can easily interpret and a consistently documented presence across digital platforms. This ensures reliable and accurate information is available to members and the public.
As a cornerstone of financial service in Bear and surrounding areas, the credit union remains deeply committed to empowering local residents and businesses through accessible, member-focused financial solutions.