2020 Overview
General Credit Union Information
Benchmark is an NCUA insured institution located in West Chester, PA. It was founded in 1940 and has approximately $231.03 millions in assets.
Who can join?
• Employees, Contractors and Retirees of Pfizer who work in Pennsylvania, New Jersey, New York, Richmond, VA and Puerto Rico; as well as their immediate family members* and members of their household**
• Sales personnel of Pfizer who represent the businesses located in Pennsylvania, New Jersey, New York, Richmond, VA and Puerto Rico; as well as their immediate family members* and members of their household**
• Wyeth Retirees; as well as their immediate family members*and members of their household**
• Employees and Board/Committee Members of the Great Valley Chamber***; as well as their immediate family members* and members of their household**
• Faculty and Contractors of Immaculata University who work in, or are supervised from Immaculata, PA; as well as their immediate family members*and members of their household**
• Employees of Neuronetics, Inc. of Malvern, PA; as well as their immediate family members* and members of their household**
• Spouses of persons who died while within the field of membership of this credit union
| NCUA Insured | Yes |
| Charter Number # | # 3738 |
| Date Established | 1940 |
| Assets | $231.03 million |
| Loans | $159.08 million |
| Deposits | $201.89 million |
| Capital | $28.89 million |
Field of Membership Restrictions
Deposit Rates - August 3, 2020
Your Current Location: Virginia, VA 20146
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.05% | $2,500 | $4,999 |
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|
|
Money Market
|
0.10% | $2,500 | $2,999 |
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|
|
Money Market
|
0.10% | $10,000 | $14,999 |
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|
|
Money Market
|
0.10% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 3 Mo CD
|
0.10% | $10,000 | $14,999 |
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|
| 3 Mo CD
|
0.10% | $100,000 | $199,999 |
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|
| 6 Mo CD
|
0.25% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.25% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.80% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.80% | $100,000 | $199,999 |
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|
| 18 Mo CD
|
0.85% | $10,000 | $14,999 |
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|
| 18 Mo CD
|
0.85% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.90% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.90% | $100,000 | $199,999 |
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|
| 30 Mo CD
|
1.00% | $10,000 | $14,999 |
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|
| 30 Mo CD
|
1.00% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
1.00% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
1.00% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
1.00% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
1.00% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
1.00% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
1.00% | $100,000 | $199,999 |
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|
Loan Rates - August 3, 2020
Your Current Location: Virginia, VA 20146
There are currently no loan rates available for BENCHMARK
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Virginia 30 Year Fixed Mortgage Rates 2020
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 2890 License#: MC-3098 |
2.930% | 2.875% | 0.75 | $1,760 | $1,038 | Learn More |
NMLS ID: 3030 |
3.368% | 3.250% | 1.00 | $3,750 | $1,089 | Learn More |
NMLS ID: 1948084 |
2.817% | 2.750% | 0.88 | $2,208 | $1,021 | Learn More |
NMLS ID: 3030 |
3.620% | 3.500% | 1.00 | $3,750 | $1,123 | Learn More |
Featured - Virginia Home Equity Line Of Credit Rates 2020
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loans |
2.990 %
|
$0 |
Learn More
More Info |
PenFed Credit Union |
3.750 %
|
$0 |
Learn More
More Info |
Note to BENCHMARK
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Benchmark branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Ashburn,Virginia
Benchmark Locations
Financial Details
Benchmark Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Benchmark. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Benchmark | U.S. Average |
|---|---|
| 3.13% | 6.71 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of March 30, 2020, Benchmark had $934,147 in non-current loans and $8,100 in owned assets. To cover these potential losses it had $28,887,615 in net worth and $1,240,768 in loans loss reserves. That gives it a Texas Ratio of 3.13%.
Net Worth
| Benchmark | U.S. Average |
|---|---|
| 12.5% | 13.61% |
Benchmark FCU has a net worth of 12.5% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Frequently Asked Questions About Benchmark
Branches and Savings
What is Benchmark?
A federal credit union, registered with the NCUA under certificate #3738.
Learn more about credit unions here.
Is Benchmark FDIC insured?
No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.
Who can join Benchmark?
Please see Field of Membership information above for information on who is eligible to join.
How big is Benchmark?
Benchmark has total capital of $28.89 million. Full information on Benchmark's financial position is located above.
Who owns Benchmark?
Credit Unions are owned by their members.
Where are Benchmark branches located?
See branch locations nearby.
Are Benchmark ATMs Open 24/7?
Do Benchmark ATMs accept cash deposits?
Can Benchmark customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Benchmark have a mobile app?
Does Benchmark have mobile deposit?
Does Benchmark have quick pay?
How can Benchmark transfer money to other banks or credit unions?
Does Benchmark report to credit bureaus?
Does Benchmark use Chexsystems?
Does Benchmark use Equifax?
What is Benchmark's toll free phone number?
What is Benchmark's ACH Routing Number?
What is Benchmark's SWIFT code?
Where can I find Benchmark's wire transfer form?
What is the Benchmark address for deposits?
What Products Does Benchmark Offer
Does Benchmark offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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