Overview / Commentary
Discovery Federal Credit Union is headquartered in Wyomissing and is the 52nd largest credit union in the state of Pennsylvania. It is also the 1,354th largest credit union in the nation. It was established in 1959 and as of June of 2023, it had grown to 20 employees and 8,555 members at 1 location. Discovery Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Discovery Federal Credit Union extends membership to those who live, work, worship, or attend school in Berks County, Pennsylvania. Immediate family members of existing credit union members are also eligible to join.
See current membership details
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Health
B+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 12935 |
| Year Chartered | 1959 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.37% |
| Return on Equity - YTD | 4.34% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $175.7MM$177.2MM |
| Loans | Q2 2023vs Q2 2022 | $97.5MM$89.5MM |
| Deposits | Q2 2023vs Q2 2022 | $160.2MM$161.6MM |
| Equity Capital | Q2 2023vs Q2 2022 | $15.2MM$15.2MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$1.1MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $143.00K$130.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |