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Notice of Annual Meeting of Members 2022

The Board of Directors has resolved that the Annual Membership Meeting of this Credit Union shall be held at 4:30 PM on Monday, March 28, 2022, virtually. The members virtually present at this meeting will elect nominated members to the Board of Directors. The Chairperson of the Credit Union has appointed the following to serve […]

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Recognizing and Avoiding Scams

Con artists cheat Americans out of billions of dollars every year. Recognizing red flags for potential scams can help protect you, your loved ones, and your hard-earned cash.   Phishing Phishing is when scammers pretend to be someone that they aren’t to gather sensitive information or access to a person’s funds through a credit card […]

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Join our Month of Giving! We’re giving $1,000 to 11 favorite charities!

Join our Month of Giving! We’re giving $1,000 to 11 favorite charities! Discovery FCU is giving back to our community through an Employee Community Giving Campaign. Our employees have been donating $5.00 each week to wear jeans on Fridays and Saturdays, and Discovery FCU has matched their donations dollar for dollar to raise a total […]

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Join our team as a Member Experience Advisor

Member Experience Advisor At Discovery FCU, we’re dedicated to making the experience of coming to work each and every day with us friendly and engaging. We’re a family, and the time we spend together is full of support, collaboration, and camaraderie. We’re 100% dedicated to the member experience and helping our members, our neighbors, our […]

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Increased IRS Reporting Proposal Removed from Reconciliation

A provision requiring increased financial institution reporting to the Internal Revenue Service was not included in reconciliation legislation unveiled by Congressional leaders on October 28, 2021. CUNA, Leagues, and credit unions helped generate more than 785,000 messages to Capitol Hill sharing concerns with the proposal. “Credit unions and their members made their voices heard loud […]

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IRS Proposal Still Being Discussed

We recently wrote an article informing you about a proposal under consideration by Congress that would require financial institutions like Discovery Federal Credit Union to report large amounts of account activity to the Internal Revenue Service (IRS). Ultimately, there’s both good and bad news. The good news is nearly 500,000 messages have been sent to […]

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House Democrats call for IRS reporting proposal to be withdrawn

Twenty-one Democratic House members wrote in opposition of expanded Internal Revenue Service (IRS) reporting requirements to Speaker of the House Nancy Pelosi (D-Calif.) and House Ways and Means Committee Chairman Rep. Richard Neal (D-Mass.) Wednesday. The letter follows one sent last week by more than 200 additional Republican House members. “While the intent of this […]

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