Benchmark Federal Credit Union
Benchmark Federal Credit Union is headquartered in West Chester and is the 34th largest credit union in the state of Pennsylvania. It is also the 1,015th largest credit union in the nation. It was established in 1940 and as of March of 2025, it had grown to 28 employees and 9,637 members at 3 locations. Benchmark Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Benchmark Federal Credit Union is open to those who live, worship, work, regularly conduct business in, or attend school in Chester County, Pennsylvania and to immediate family of existing members.
See current membership details
Worst CU Ever
I've never experienced a credit union bank like this one before, worst experience ever! Even during a pandemic this bank refuses to make any exceptions in bending their precious policies, while everyone else is! I was charged $30 overdraft fee TWICE for a $10 bill, and no courtesy reversal was given. Female manager says because I got one back in January. The pandemic started in March! Yet this credit union makes no exceptions! They did nothing for me in the 5 years I've been there but take my hard earned money! I do not recommend this bank to anyone! Don't know how they were deemed one of the best CU's here in Phoenixville just this month! They must have rated themselves!!
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3738 |
| Year Chartered | 1940 |
| Employees | 28 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.25% |
| Return on Equity - YTD | -3.01% |
| Annual Interest Income | $3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $315.4MM$322.6MM |
| Loans | Q1 2025vs Q1 2024 | $240.6MM$257MM |
| Deposits | Q1 2025vs Q1 2024 | $270.4MM$277.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $25.5MM$25MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.6MM$1.8MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $286K$449K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |