Benchmark Federal Credit Union proudly announces a new community charter that expands its footprint and enables it to exclusively serve Chester County, Pennsylvania. The not-for-profit financial cooperative that is owned by its members received approval to expand on April 10, 2015, just in time for its 75th anniversary.
“With the new charter, anyone who lives, worships, works, or attends school within Chester County, Pennsylvania can now become a member and access the same high-caliber financial services, competitive loans, and interest rates that were previously available only to Wyeth/Pfizer employees and their immediate family members,” says David LaSala, President and CEO of Benchmark. “We are delighted to welcome new members, and believe they will appreciate our dedication to serving people, not profit.”
Benchmark FCU began by serving employees of John Wyeth & Brothers, Inc. in Philadelphia in 1940, which later became Wyeth Pharmaceuticals, then Pfizer in 2009. Benchmark settled in Chester County to serve its membership, which now tops 12,500.
“People are realizing that when they buy local, whether it’s at a farmers’ market or neighborhood business, they get superior value and dedicated service. The same is true for a home-grown federal credit union like Benchmark,” says Rebecca Worthington, Marketing Director. “We know and care for the Chester County community, and our sole focus is to support and improve the economic well-being of our members throughout their lives, from birth to retirement.”
To thank loyal members and welcome new ones, Benchmark is offering a 0% APR *on balance transfers from other institutions; as well as on purchases for 12 months on new credit card applications received during July 2015. In addition, members who apply and are approved for a Home Equity Loan* during July 2015 will receive a $100 gift card along with a chance to pick a key for a lucky drawing from which two (2) winners could receive FREE Home Equity payments for 3 months.
Benchmark Federal Credit Union’s Main Office is located in West Chester, PA with Branch Offices in Great Valley and Collegeville (inside Pfizer’s facility); as well as more than 5,000 Shared Branching Locations nationwide. Over the next two years, additional local branches will open throughout Chester County.
Savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States government. National Credit Union Administration (NCUA), a U.S. Government Agency.
* Limited time offer may be withdrawn or changed at any time. All standard account requirements apply.
The offer may not be combined with any other offer. Gift available to members who apply and are approved for a Home Equity Loan before the end of business on July 31, 2015 and the gift card will be received at closing.
APR = Annual Percentage Rate. New VISA Credit Card applications received during July 2015 will receive 0% APR on purchases for 12 months; as well as for balance transfers from other institutions that post between 7/1/15 and 7/31/15. Once the 12-month period is over, the rate on any unpaid purchases and balance transfers will convert to the appropriate standard rate member qualifies for based upon his or her credit history. In addition, a 2% balance transfer fee applies to any transfers during the promotional period of 7/1/15 through 7/31/15.
About Benchmark Federal Credit Union
Since 1940, Benchmark Federal Credit Union has provided its members with complete financial services including free checking accounts, vacation and holiday club accounts, loans, certificates of deposit, money market accounts and individual retirement accounts at three conveniently located branches in West Chester, Great Valley, and Collegeville. Benchmark also offers home banking, online bill payer, account-to-account transfers (A2A), remote deposit anywhere (RDA), mobile banking (FREE apps for iPhone & Android), direct deposit, and instant issue debit/ATM cards. For more information, call (610) 429- 1600 or visit www.benchmarkfcu.org.
Media Contact:
Ellen Langas, NouSoma Communications
Office: 610-658-5889 • Cell: 610-256-2946 • ellen@nousoma.com
Kristen Stewart, NouSoma Communications
Office: 610-658-5889 • Cell: 215-508-3004 • Kristen@nousoma.com
The preceding was submitted to the Chamber by Benchmark Federal Credit Union.