Sep, 30, 2025 — BENCHMARK FEDERAL CREDIT UNION is a federal credit union headquartered in WEST CHESTER, PA with 3 branch locations and about $297.75 million in total assets. Opened 86 years ago in 1940, BENCHMARK FEDERAL CREDIT UNION has about 9,330 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BENCHMARK FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1522 McDaniel Dr WEST CHESTER, PA 19380 |
| Phone: | (610) 429-1600 |
| Fax: | (610) 429-1607 |
| Website: | https://www.benchmarkfcu.org |
| Branches: | 3 branch locations |
| Members: | 9,330 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3738 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $297,752,692 |
| CEO/Manager: | Daniel J Machon Jr |
| Chairperson: | Adam Lush |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 38,896,183 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 193,467,018 |
| Unsecured Loans | 4,408,167 |
| Other Loans | 25,877,829 |
| TOTAL LOANS | 223,753,014 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,530,735 |
| Land And Building | 1,021,463 |
| Other Fixed Assets | 302,358 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,227,281 |
| All Other Assets | 0 |
| TOTAL ASSETS | 297,752,692 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 5,048 |
| Notes & Interest Payable | 18,619,293 |
| Accounts Payable & Other Liabilities | 563,877 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 47,661,938 |
| Regular shares | 60,264,753 |
| All Other Shares & Deposits | 143,918,019 |
| TOTAL SHARES & DEPOSITS | 251,844,712 |
| TOTAL LIABILITIES | 271,037,930 |
| Regular Reserve | 0 |
| Other Reserves | -4,278,644 |
| Undivided Earnings | 30,993,406 |
| TOTAL EQUITY | 26,714,762 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 297,752,692 |
| INCOME & EXPENSE | |
| Loan Income | 7,477,583 |
| Investment Income | 1,650,659 |
| Other Income | 178,542 |
| Total Employee Compensation & Benefits | 2,836,737 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,661,899 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 19,918 |
| Cost of Funds | 4,947,961 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 56,897 |
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