Sep, 30, 2025 — DISCOVERY FEDERAL CREDIT UNION is a federal credit union headquartered in WYOMISSING, PA with 1 branch location and about $185.51 million in total assets. Opened 67 years ago in 1959, DISCOVERY FEDERAL CREDIT UNION has about 8,952 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DISCOVERY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2744 Century Blvd WYOMISSING, PA 19610 |
| Phone: | (610) 372-8010 |
| Fax: | (610) 372-8105 |
| Website: | https://www.discoveryfcu.org |
| Branches: | 1 branch locations |
| Members: | 8,952 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12935 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $185,511,798 |
| CEO/Manager: | Michele Smith |
| Chairperson: | Robert Shaner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,007,774 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 80,851,186 |
| Unsecured Loans | 10,860,463 |
| Other Loans | 33,225,604 |
| TOTAL LOANS | 125,826,430 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,018,146 |
| Land And Building | 3,988,290 |
| Other Fixed Assets | 148,437 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,560,045 |
| All Other Assets | 13,126 |
| TOTAL ASSETS | 185,511,798 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 246,299 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 23,485,434 |
| Regular shares | 31,726,170 |
| All Other Shares & Deposits | 109,686,397 |
| TOTAL SHARES & DEPOSITS | 164,898,001 |
| TOTAL LIABILITIES | 165,144,300 |
| Regular Reserve | 0 |
| Other Reserves | -410,092 |
| Undivided Earnings | 20,777,590 |
| TOTAL EQUITY | 20,367,498 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 185,511,798 |
| INCOME & EXPENSE | |
| Loan Income | 5,812,776 |
| Investment Income | 1,029,032 |
| Other Income | 545,896 |
| Total Employee Compensation & Benefits | 1,855,416 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,874,852 |
| Non-operating Income & (Expense) | -15,318 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 339,496 |
| Cost of Funds | 2,186,544 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 982,250 |
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