Benchmark Federal Credit Union
BankingPennsylvania, United States11-50 Employees
Benchmark Federal Credit Union is a banking institution that serves Chester County, Pennsylvania, exclusively as a federal credit union. Founded in 1940, it provides a broad suite of personal financial services, including free checking, savings and retirement accounts, loans, certificates of deposit, money market accounts, and individual retirement accounts, across its West Chester and Phoenixville branches. As the only federal credit union dedicated to Chester County, it emphasizes local service with three branches and a range of digital banking options such as online banking, bill pay, transfers, and mobile apps. The organization is based in West Chester and operates within the banking industry, serving residents and small businesses in the region. Recent developments include a June 2025 announcement of a definitive merger agreement with Franklin Mint Federal Credit Union to merge into FMFCU, subject to regulatory approval and a member vote. If approved, the arrangement would align Benchmark's Chester County footprint with FMFCU and reflect ongoing consolidation in the regional credit union landscape.