Discovery

Headquarters

2744 Century Blvd
Wyomissing, PA 19610
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.65% →
1-Year CD 0.55% 0.75% →
2-Year CD 0.65% 0.75% →
5-Year CD 1.00% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Discovery is an NCUA insured institution located in Wyomissing, PA. It was founded in 1959 and has approximately $164.94 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12935
Date Established 1959
Assets $164.94 million
Loans $79.70 million
Deposits $145.63 million
Capital $17.94 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Berks County and to immediate family of current members.

Deposit Rates - June 18, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.55% $10,000 $14,999 Learn More
12 Mo CD
0.55% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.85% $10,000 $14,999 Learn More
48 Mo CD
0.85% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - June 18, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for DISCOVERY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.465% 3.375% 0.63 $2,812 $1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.990 %
After Intro: 4.840 %
Intro Period: 12 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to DISCOVERY
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Discovery 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:
Fairfield,Connecticut


Discovery Locations


Financial Details

Discovery Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Discovery. 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
Discovery U.S. Average
0.47% 5.40

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 December 31, 2020, Discovery had $82,773 in non-current loans and $6,606 in owned assets. To cover these potential losses it had $17,939,774 in net worth and $1,188,161 in loans loss reserves. That gives it a Texas Ratio of 0.47%.

Net Worth
Discovery U.S. Average
10.87% 12.67%

Discovery FCU has a net worth of 10.87% versus the BestCashCow average of 12.67. 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 Discovery

Branches and Savings

What is Discovery?

A federal credit union, registered with the NCUA under certificate #12935.
Learn more about credit unions here.

Is Discovery FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Discovery is insured by the NCUA.

Who can join Discovery?

Please see Field of Membership information above for information on who is eligible to join.

What are Discovery's share account and share certificate rates?

Discovery's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Discovery?

Discovery has total capital of $17.94 million. Full information on Discovery's financial position is located above.

Who owns Discovery?

Credit Unions are owned by their members.

Where are Discovery branches located?

See branch locations nearby.

Are Discovery ATMs Open 24/7?

Do Discovery ATMs accept cash deposits?

Can Discovery customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Discovery have a mobile app?

Does Discovery have mobile deposit?

Does Discovery have quick pay?

How can Discovery transfer money to other banks or credit unions?

Does Discovery report to credit bureaus?

Does Discovery use Chexsystems?

Does Discovery use Equifax?

What is Discovery's toll free phone number?

What is Discovery's ACH Routing Number?

What is Discovery's SWIFT code?

Where can I find Discovery's wire transfer form?

What is the Discovery address for deposits?

What Products Does Discovery Offer

Does Discovery offer mortgages?

Compare mortgage rates here.

Does Discovery offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Discovery offer auto and RV loans?

Compare auto loan rates here.

Does Discovery offer student loans or personal loans?

Compare personal loan rates here.

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