Discovery Federal Credit Union

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A short history of Discovery FCU

Since its inception in 1959 the Discovery Federal Credit Union has been serving its members in the WYOMISSING, Pennsylvania area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Edwin Williams, the Discovery FCU has grown its membership to over 9,190 with assets of more than $133,751,701. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (610) 372-8010 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in WYOMISSING, PA.

General Information For Discovery FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 12935
Address 2744 CENTURY BLVD 
State Pennsylvania 
Zip-Code 19610
Phone Number (610) 372-8010
Fax Number (610) 372-8105
Email Address:
CEO/President Edwin Williams
Members 9,190 
Full-Time Employees 19 
Part-Time Employees
Number of Branch Offices
Total Assets 133,751,701 

Compare Discovery Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Clearchoice CU ClearChoice FCU 1981 State Hill Rd 19610 (610) 376-0605 No 0.07
Bellco CU Bellco FCU 609 Spring St 19610 (610) 373-5192 No 0.97
Utilities Employees CU Utilities Employees Credit Union 11 Meridian Blvd 19612 (610) 927-4000 No 1.23
Riverfront CU Riverfront FCU St Joseph Medical Center 19605 (610) 374-8351 No 2.55
Pagoda CU Reading Office 833 Washington St 19601 (610) 373-3840 No 2.96

Discovery Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Discovery Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.99 2.99 2.99 3.44 3.17
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 159 145 91 66 33
Rank Among All Pennsylvania Credit Unions 22 53 25 13 10

Discovery Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.15 1.88 1.88
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 124 49 59
Rank Among All Pennsylvania Credit Unions N/A 42 25 10 5
Discovery Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9901,4193,804,587
All Other Unsecured Loans/Lines of Credit 10.9904671,563,898
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.5001854,864,578
New Vehicle Loans 2.9902924,909,525
Used Vehicle Loans 2.9901,03811,585,367
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.4401057,265,138
Total Other Real Estate Loans/Lines of Credit 3.17096533,609,949
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.2402411,047,380
TOTAL LOANS & LEASES 4,71268,650,422

Discovery Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 172,105,7563343,200
    b. 15 Years or less 604,082,51312675,099
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 281,076,86914748,100
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 60124,930,892392,113,590
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 3648,679,05710609,000
Open-End Fixed Rate 0000
TOTALS 1,07040,875,087784,488,989


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Discovery Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes