Community Powered Credit Union New Castle DE | Low Mortgage Rates & Quick Personal Loans

Introduction

Welcome to Community Powered, your trusted financial partner located at 235 Christiana Rd, New Castle, DE 19720. Since our establishment in 1962, we have been dedicated to serving our community with a commitment to providing exceptional banking services tailored to your needs. With over 8,640 members and assets totaling $120,964,315, we pride ourselves on fostering strong relationships built on trust and reliability. At Community Powered, we understand that financial decisions can impact lives. That's why we offer a range of services designed to help you thrive whether you're looking for personal banking solutions like checking and savings accounts, or financing options including auto loans and mortgages. Our total deposits of $23,439,552 reflect the faith our members place in us, while our net worth stands strong at $19,025,863, ensuring your money is secure. While members can visit us at our New Castle branch for all their banking needs, official correspondence should be directed to our mailing address at 1758 Pulaski Hwy, Bear, DE 19701-1712. Our friendly team of 23 employees, led by CEO Douglas Troskey and Board President Gerald Connor, is here to assist you Monday through Friday from 9 AM to 5 PM. Join us in making a difference in your financial journey! Whether you're interested in becoming a member or simply want to learn more about what we offer, we encourage you to visit our website at cpwrfcu.org or give us a call at 302-368-2396 today. Your future starts here!

Branch History & Mission

Welcome to the Community Powered branch, located at 235 Christiana Rd in New Castle, Delaware. Since opening our doors in 1962, we have built a rich legacy of serving our community with dedication and care. Over the years, our membership has grown to an impressive total of 8,640 members, reflecting the trust and confidence that individuals and families place in us. From our humble beginnings, Community Powered has evolved into a vital financial resource for many in New Castle and beyond. With total assets reaching $120,964,315, we have demonstrated our commitment to providing robust financial solutions tailored to meet the unique needs of our members. Our services include personal banking accounts, auto loans, mortgages, credit cards with rewards, and business banking options. At Community Powered, we believe that our mission goes beyond just providing financial services. We are here to uplift our community through support and outreach initiatives. We understand the importance of fostering relationships not only with our members but also with local organizations and businesses. Our drive-thru service allows for easy access to banking transactions while maintaining convenience for those on-the-go. Our operating hours are Monday through Friday from 9 AM to 5 PM, ensuring that we are available when you need us most. For any official correspondence, members can reach us at our mailing address: 1758 Pulaski Hwy, Bear, DE 19701-1712. We strive to make banking accessible for everyone. While we do not currently offer ATM services at this branch, we are dedicated to providing online and mobile banking solutions that allow you to manage your finances anytime and anywhere. We also ensure that our facilities comply with ADA standards so all members can comfortably access our services. Community Powered is more than just a credit union; it's a family dedicated to making a difference in each member's life. We invite you to join us on this journey towards financial empowerment and community enrichment. Experience firsthand the benefits of being part of Community Powered by visiting us or giving us a call at (302) 368-2396 today!

Branch Location & Accessibility

Welcome to the Community Powered branch, located at 235 Christiana Rd in the heart of New Castle, Delaware! Our convenient location makes it easy for you to access all your banking needs. Whether you're stopping by for a quick deposit or exploring loan options, we're here to help. Nestled near local landmarks, our branch is easily accessible and offers ample parking for our members. If you need assistance with mobility, rest assured that we are equipped with ADA-compliant features, including ramps and accessible entryways to ensure everyone feels welcome. While our official mailing address is 1758 Pulaski Hwy in Bear, DE, please visit us at our New Castle location for in-person services. We invite you to come see us during our lobby hours from Monday to Friday, 9 AM to 5 PM. At Community Powered, we pride ourselves on delivering a range of personal banking services. From checking and savings accounts to auto loans and credit cards with rewards, we have something for everyone. Plus, our drive-thru banking service allows for quick transactions without leaving your car. If you have any questions or would like more information about what we offer, don't hesitate to call us at 302-368-2396. We look forward to serving you soon!

Member Eligibility

At Community Powered, we believe that everyone deserves a supportive community where they can grow financially and personally. Becoming a member is simple and welcoming! If you live, work, or worship in the New Castle area or have family who are already members, you're likely eligible to join us. We're here to provide you with valuable financial services tailored just for you, whether it's opening a checking account, applying for loans, or getting advice on saving for your future. For a detailed look at eligibility criteria, feel free to visit our website at https://cpwrfcu.org/join-the-community . Once you're ready to become part of our community, opening an account is straightforward. Just reach out to us at (302) 368-2396, or check out the account opening details here: https://www.financial-net.com/cpwrfcu/lending/internetloans . Our friendly team is eager to assist you every step of the way at our branch located at 235 Christiana Rd New Castle De 19720. Join us today and experience the benefits of being part of Community Powered!

Business Banking & Commercial Services

Merchant Services That Make a Difference

Imagine your customers paying seamlessly while you focus on running your business. Our merchant services help you accept payments easily, whether online or in-store. This not only enhances customer satisfaction but also streamlines your cash flow. From credit card processing to mobile payment options, we provide tools that adapt to how you operate. Visit us at 235 Christiana Rd New Castle De 19720 in New Castle, DE, or call us at (302) 368-2396 to learn how our business banking services can empower your growth!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $16 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $357,243, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Auto Loans & Vehicle Financing

If you're in the market for a new car, our auto loans provide flexible financing options that suit your budget. We understand that purchasing a vehicle is a significant decision, which is why our team is ready to assist you in finding the right loan with competitive rates.

Business Banking

For local businesses, we provide essential banking services including merchant services and business loans. Our goal is to support entrepreneurs like you so that you can focus on growing your business without worrying about finances.

Convenient Access

We also offer ATM and cash withdrawal services for easy access to your funds whenever you need them. If you prefer face-to-face interaction, visit us during lobby hours from Monday to Friday between 9 AM and 5 PM. For quick transactions, take advantage of our drive-thru service for deposits and withdrawals without leaving your car. At Community Powered, we prioritize convenience and accessibility in everything we do. We invite you to explore all these services by visiting us or calling 302-368-2396. Let us help you achieve your financial goals today!

Credit Cards with Rewards

Enjoy shopping even more with our credit cards that offer rewards! With each purchase, earn points that can be redeemed for various benefits. It's a smart way to make your spending work for you.

Mortgage Loans & Refinancing

Homeownership is within reach with our mortgage loans and refinancing options. Whether you're buying your first home or looking to refinance an existing mortgage for better terms, we offer personalized solutions to help make homeownership a reality.

Personal Banking

Starting with personal banking, we offer both checking and savings accounts designed to fit your lifestyle. Imagine being able to easily manage your funds while earning interest on your savings. With our online and mobile banking features, you can check balances, transfer money, and pay bills anytime and anywhere right from your smartphone or computer.

Personal Loans & Debt Consolidation

Life can bring unexpected expenses, and that's where our personal loans come into play. They're perfect for consolidating debt or funding important projects. Our straightforward application process means you won't be left waiting long before receiving the support you need.

Digital & Online Banking

Key Features

We also provide features like electronic signature authorization, making it simpler for you to complete transactions securely without needing to be physically present. If you prefer paperless statements, our e-statements option is perfect for keeping track of your financial activities while helping the environment. For those who love using their smartphones, our mobile application is user-friendly and packed with functionalities. You can make mobile payments quickly and securely, ensuring you're always ready to handle transactions on the go. Additionally, person-to-person transfers let you send money to friends or family with ease no cash or checks needed!

Security and Accessibility

Your security is our top priority. Our digital banking services incorporate advanced security measures so you can bank confidently. With features designed for ease of use, you'll find managing your account straightforward and stress-free. In short, whether you're looking to check your balance or send money instantly, Community Powered has got you covered with reliable and efficient digital banking solutions that fit into your busy lifestyle. Explore all that we offer today!

Financial Strength

Committed Team of Professionals

We also take pride in having 19 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Our collective efforts reflect in our operational efficiency; despite a net income of $0 currently reported due to reinvestments into member services and community initiatives.

Growing Member Base

Total Share Accounts stand at 16,827, showcasing a strong and growing member base that trusts us with their finances. This trust fuels our mission to provide comprehensive personal banking services tailored to meet your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Community Powered is your trusted partner. Visit us at 235 Christiana Rd New Castle De 19720 or call 302-368-2396 to learn more about how we can help you achieve your financial goals.

Reinvesting in Our Community

With $18,299,169 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment allows us to maintain a robust lending capacity with $54,073,806 in total loans and leases, including $380 in used auto loans. This support enables our members to achieve their financial goals across various sectors.

Secure Savings Options

Members' savings are secured through $9,950,093 in share certificates and $15,233,272 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $749,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Health

With a net worth of $19,025,863, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 15.73% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $5,595,945 in used vehicle loans and $2,667,761 in new vehicle loans already helping members get on the road. Whether you're interested in financing a new or used vehicle, we make it simple and affordable.

Credit Lines

If you need access to extra cash for unexpected expenses or planned purchases, our credit lines totaling $43,808,937 can be an excellent solution. They give you flexibility and peace of mind knowing funds are available when you need them. For those looking into refinancing options, our team is ready to discuss eligibility requirements and help tailor solutions that meet your financial situation. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Whether you're considering an auto loan, mortgage, or credit line, Community Powered is committed to supporting your journey toward financial well-being. Visit us today at our location or check out our website for more information on how we can assist you!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $12,854,468, make buying or refinancing straightforward. We are dedicated to providing personalized service and competitive rates that fit your budget.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $2,078,827 in loans helping members manage their finances effectively. These credit options provide you with the freedom to make purchases while maintaining control over your budget.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights the effectiveness and reliability of the platform. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This means that you can trust the information presented on LendMesh as fair and transparent offers.

COMMUNITY POWERED FEDERAL CREDIT UNION