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# Discovery FCU
## Posts
### [6 Best Winter Activities in Philadelphia During a Day Trip from Berks County!](https://discoveryfcu.org/news/winter-activities-in-philadelphia/)
**Published:** September 14, 2023
**Author:** ironcore
**Content:**
Are you looking for some snowy, fun, winter activities in Philadelphia? The drive from Reading to Philly is about an hour and a half – making it a great spot for a day or weekend trip from the Berks County area. Between snowfall and the holiday season, there are many great things for kids, families, and friends to do together. In this article, we have come up with our recommendations for the best winter activities in Philadelphia for all ages. Many of these activities run from November through January. Let’s dive in!
## Winter Activities in Philadelphia
### 1. LumiNature at Philadelphia Zoo
Photo Credit: [Philadelphia Zoo](https://www.philadelphiazoo.org/)
Experience a magical journey of wildlife at Philadelphia Zoo during their [LumiNature](https://www.philadelphiazoo.org/luminature/) event. The zoo is lit up with **more than a million twinkling lights** across 14 illuminated zones. A fan favorite is their **Tis the SEAson zone**, a 100 ft. long **tunnel filled with lights of creatures under the sea**.
While you’re there, take a ride on the **Wilderness Express Train**, as you go through the sparkling trees and sip on some hot cocoa. You can also visit **Sweet Whimsicality** to make s’mores over an open fire.
With so much to do and see, LumiNature is a fun Philly winter activity for all ages!
### 2. Independence Blue Cross RiverRink Winterfest
Photo Credit: [Delaware River Waterfront](https://www.delawareriverwaterfront.com/)
The RiverRink Winterfest will be celebrating its 30th season this year – a favorite winter tradition for many in Philadelphia. The winter wonderland displays gorgeous views along the Delaware River and features an **ice rink, boardwalk rides, fire pits**, **and delicious food**.
New to Winterfest is the option to rent a **Rinkside Lounge**, perfect for **hosting an event for up to 45 people**. For more information, visit [Delaware River Waterfront](https://www.delawareriverwaterfront.com/places/blue-cross-riverrink-winterfest).
### 3. Winter in Franklin Square
****
Photo Credit: [Historic Philadelphia, Inc.](https://historicphiladelphia.org/)
[Winter in Franklin Square](https://www.visitphilly.com/things-to-do/events/electrical-spectacle-holiday-light-show-at-franklin-square/) has events throughout the winter season, including **Christmas, Hanukkah, and Kwanzaa celebrations**. During the holidays, they have a stunning **light show that is synchronized with music** throughout the evening. **Kids can visit Santa** at the festival on Black Friday.
For extra adventures, kids and adults can play on the **Chilly Philly Mini Golf** course which is decorated with holiday gear and famous Philadelphia landmarks. The **Parx Liberty Carousel** is also open during the winter months and plays holiday music.
### 4. Winter at Dilworth Park
Photo Credit: [Visit Philadelphia](https://www.visitphilly.com/)
If you are looking for a place with a variety of Philly winter activities, Dilworth Park is your spot to go. Find all the perfect gifts at the **Made in Philadelphia Holiday Market** during your visit to [Winter at Dilworth Park](https://www.visitphilly.com/things-to-do/attractions/the-rothman-ice-rink-at-dilworth-park/) from local artisans.
Other activities to enjoy are:
- **Wintergarden on the Greenfield Lawn** – Take a stroll through beautiful reindeer topiaries and seasonal plantings
- **Rothman Orthopaedics Ice Rink** – Great for adults and older children
- **Rothman Orthopaedics Cabin** – A ski-cabin setting with food, beverages, and outdoor firepits
- **Deck the Hall Lights Show** – a gorgeous light show displayed at City Hall
### 5. Macy’s Christmas Light Show
Photo Credit: [Visit Philadelphia](https://www.visitphilly.com/)
[Macy’s Christmas Light Show](https://wanamakerorgan.com/christmas-light-show/) has been a **classic winter activity** in Philadelphia **since 1956**. Be sure to visit during one of their showings on the **Wanamaker Organ** – the **world’s largest playing pipe organ**.
During the event, you can spot beautiful **window displays along Market Street** with story themes such as **Dickens Christmas Village**, and the timeless story of **Ebenezer Scrooge**. Kids can **visit Santa** during the event.
### 6. Nutcracker Performance
Photo Credit: [Philadelphia Ballet](https://philadelphiaballet.org/)
Escape the cold as you delve into a live performance of **The Nutcracker** at **Philadelphia Ballet**. The performance is a classic, originated by icons George Balanchine and Peter Ilyich Tchaikovsky, featuring the famous toy soldiers, scurrying mice, dancing candy canes, and waltzing flowers.
Performances are throughout the holiday season from **December 8-30**. Visit [Philadelphia Ballet](https://philadelphiaballet.org/23-24-season/nutcracker/) for **tickets**.
## We Hope You Enjoy These Best Winter Activities in Philly During Your Day Trip from Berks County!
Enjoy all there is to do during the winter and holiday season on your day trip from Berks County to Philly.
If you live in Berks County (and are not currently a member), we would love for you to consider banking with Discovery FCU. We are a member-owned credit union that truly cares about each person we serve. Learn about our [member benefits](https://discoveryfcu.org/value-2/) and why our members get MORE out of our credit union. [Joining Discovery FCU](https://discoveryfcu.org/connect/join/) is fast and easy!
**“You are MORE than your bank account balance. We are MORE than a bank.”**
Thank you for reading! If you enjoyed this post, find more travel tips in our article: [The Best RV Campgrounds in PA](https://discoveryfcu.org/news/best-rv-campgrounds-in-pa/).
**Categories:** News
---
### [Discovery FCU Welcomes Breast Cancer Support Services](https://discoveryfcu.org/news/discovery-fcu-welcomes-breast-cancer-support-services-throughout-the-month-of-october/)
**Published:** October 31, 2023
**Author:** Abby Showalter
**Content:**
*The credit union spent Breast Cancer Awareness month raising money and awareness for Breast Cancer Support Services of Berks.*
The idea for Discovery Federal Credit Union’s October celebration was spawned from wanting to think outside of the box for [International Credit Union Day](https://www.woccu.org/member_services/engagement/icuday) on October 19. Instead of the usual activities, we decided to focus on the “People Helping People” aspect of credit unions and invite a community partner into the branch to talk to our members. With it being Breast Cancer Awareness month, we immediately thought of Breast Cancer Support Services of Berks County.
One day was simply not enough time to celebrate our partnership with this essential local organization. We expanded festivities with a “[Paint the Branch Pink](https://discoveryfcu.org/news/international-credit-union-day-and-breast-cancer-awareness-month/)” initiative, selling pink butterflies for a $1 donation. We also had staff wear special pink t-shirts on Fridays and asked them to make a donation in order to wear sneakers on Fridays. In total, the credit union raised $400 in October for this excellent cause.
“Thank you to all of our members for your support of this initiative,” said Discovery FCU President/CEO, Michele Smith. “Of all the wonderful ways we get to help the community, our partnership with Breast Cancer Support Services is one that our employees hold dear. So many have had breast cancer affect their lives and it’s powerful to be able to make a difference in the lives of survivors, caregivers, and family members.”
**About Breast Cancer Support Services of Berks** Breast Cancer Support Services of Berks County is a non-profit organization that provides hope, information, and emotional support to every person affected by breast cancer. Learn more at [www.bcssberks.org](http://www.bcssberks.org)
**About Discovery Federal Credit Union** Discovery Federal Credit Union was founded in 1959 and serves the Greater Reading and Berks County region. While continuously growing in size, membership and capability, Discovery has maintained an unwavering value-driven, member-focused passion to help its members achieve financial success. Discovery is dedicated to excellent member service, premium products and services, integrity and personal attention to every member. For more information on Discovery, please visit [www.discoveryfcu.org](http://www.discoveryfcu.org) or call 610.372.8010.
**Categories:** Active in our Community
---
### [Discovery FCU Brings the Community Together at Event](https://discoveryfcu.org/news/discovery-fcu-brings-community-together/)
**Published:** August 17, 2023
**Author:** Abby Showalter
**Content:**
## Discovery FCU Brings the Community Together at Appreciation Event
*The credit union hosted a food drive and made donations to local nonprofits while celebrating every member of the community.*
Discovery Federal Credit Union hosted a community appreciation celebration on July 28, 2023 at their headquarters in Wyomissing. The focus was on local charitable organizations, but everyone got in on the fun. Over 450 people showed up for the event where they enjoyed ice cream from Mister Softee, hot dogs, and prizes. One girl said, “This is the best day ever!”
Beyond the usual fun, community members supported local nonprofits. The credit union offered up donations to the member’s choice of four charitable organizations for each new account opened. The organizations featured were the Animal Rescue League of Berks County, Breast Cancer Support Services of Berks, Children’s Alopecia Project, and Helping Harvest Food Bank. The program resulted in $400 worth of donations. The credit union also held a food drive for Helping Harvest Food Bank, which resulted in several boxes of food for the organization’s Weekender program.
“At Discovery FCU, we know people are more than their account balance. That’s why we are dedicated to helping everyone in our community,” said Discovery FCU President/CEO, Michele Smith. “We are true believers in ‘people helping people’ and this event was an opportunity to spread joy and bring attention to local charitable organizations.”
**About Discovery Federal Credit Union**
Discovery Federal Credit Union was founded in 1959 and serves the Greater Reading and Berks County region. While continuously growing in size, membership and capability, Discovery has maintained an unwavering value-driven, member-focused passion to help its members achieve financial success and prosperity. Discovery is dedicated to excellent member service, premium products and services, integrity and personal attention to every member. For more information on Discovery, please visit [www.discoveryfcu.org](http://www.discoveryfcu.org) or call 610.372.8010.
**Categories:** Active in our Community, News
---
### [A Procrastinator’s Guide to Holiday Savings](https://discoveryfcu.org/news/the-procrastinators-guide-to-holiday-savings/)
**Published:** October 19, 2023
**Author:** Abby Showalter
**Content:**
*By [GreenPath Financial Wellness](https://discoveryfcu.org/financial-wellness/)*
For many of us, November and December kick off a season of celebrating, family, feasting, and yes…spending. The holidays are a chance to make memories, but this can also be a time of financial stress—especially if you wait until the last minute to make plans. And let’s be honest: with high interest rates and [student loan payments](https://www.greenpath.com/counseling/student-debt/) resuming, many of us are justified in our reticence to spend. Here are a few savings strategies to help you save this season.
## **Travel**
**Comparison Shop:** Last minute flight or hotel plans? Compare discount sites (like Hopper and Kayak) against airline and hotel sites which may offer promotional discounts if you book direct. You can also compare the cost of one-way tickets, which can be cheaper than round-trip fare.
**Flexible Dates & Times**: Flying a day earlier or later can significantly reduce the cost of your tickets. Likewise, pay attention to departure times. Early morning or red-eye takeoffs (versus afternoon flights) can trim as much as $100-$200 per ticket.
**Alternate Airports**: When searching for holiday flights, be sure to include other airports within your filter parameters. Sometimes flying into or out of a smaller airport (even on one leg of the trip) can reduce your total checkout cost.
**Bundle Deals:** Do you need a rental car or hotel in addition to your flight? Many travel sites offer discounted rates if you book everything together—this one-stop-shop approach also saves you planning time.
**Reward Points**: If you have accumulated frequent flyer miles or credit card reward points, now is the time to cash in on them. They can trim your travel expenses or even cover the cost of a flight.
## **Gifting**
**DIY Gifts**: Thoughtful gifts don’t require a big budget or expert crafting – a video tribute, photo book, or curated snack basket for the sweet tooth, coffee lover, or home baker in your life are just a few ideas.
**Abundance Swap:** Many of us have something in our home that we don’t use – an appliance collecting dust or something you were gifted twice. Host a party where your friends or family bring a quality item they’d be happy to swap.
**The Gift of Time:** The holidays are an especially busy time, and caregiving is often a steep hourly expense. Instead of buying gifts, offer cost-free babysitting or pet sitting to someone who could benefit from a date night or weekend away from home.
**Opt for an Outing:** Gifts aren’t the only way to connect during the holidays. Suggest a group experience you can enjoy together. Whether it’s a holiday performance, snow tubing, or a festive exhibit, experiences are so often what make a season memorable.
## **Feasting**
**Keep it Simple:** While it may be tempting to recreate a lavish meal from your childhood or gourmet cookbook, there’s nothing wrong with keeping ingredients simple. Prioritize what matters to you. If you want to go big on one entree, complete the meal with less costly side dishes like roasted vegetables or rolls.
**Potluck Dinners**: Host a potluck dinner where each guest brings a dish to share. This not only reduces the cost and pressure of cooking for a large group but also makes the meal more diverse. You might even walk away with a favorite new recipe!
**Dessert or Appetizers Only:** If you’re tight on funds this season – and still want to enjoy coming together for a meal – host a dessert or appetizer-only gathering where everyone brings something on the smaller side.
**Skip the Smorgasbord:** The holidays are a hard time for so many households living paycheck-to-paycheck or living without a paycheck at all. You don’t need a big budget to make a meaningful impact. In lieu of a lavish meal, donate to your [local food bank](https://www.feedingamerica.org/find-your-local-foodbank) in your area and encourage others to join you.
## **Holiday Helpers**
If holiday spending has you feeling stressed, reach out! Our partner GreenPath can help you pay down debt, create a sustainable budget, and connect to [free financial courses](https://www.greenpath.com/wellness/learninglabplus/) designed to build a healthy financial foundation year-round.
*This article is shared by our partners at [GreenPath Financial Wellness](https://discoveryfcu.org/financial-wellness/), a trusted national non-profit.*
**Categories:** News
---
### [Discovery FCU Spreads Holiday Cheer](https://discoveryfcu.org/news/discovery-fcu-spreads-holiday-cheer/)
**Published:** December 22, 2023
**Author:** Abby Showalter
**Content:**
*The credit union collected gifts and donations for one struggling family at Opportunity House and hosted a Holiday Cards for Heroes event with the local Red Cross.*
Discovery Federal Credit Union held two events with their membership to bring joy to others this holiday season. The programs included and Angel Giving Tree and a holiday Card for Heroes event.
The Angel Giving Tree was to collect gifts and donations for a family from Opportunity House, a local nonprofit that supports the homeless population. This family, with a single mother and her three young sons, is in their long-term housing program. In total, the program resulted in dozens of gifts and over $400 of donations.
Holiday Cards for Heroes is organized by the local chapter of the Red Cross. This event was to facilitate members and staff filling out holiday cards to be delivered to local veterans and service members. Member’s 1st Federal Credit Union also joined in on the fun, with three employees who came for shifts to write out cards. In total, the event resulted in 161 cards for local heroes. The Red Cross used to have a ton of interest in this program, but when COVID-19 hit the program fell to the wayside. This year they are trying to pick it back up and the credit union event was the largest they had this year.
“I’d like to thank everyone who participated in these events. Seeing our employees and members get involved has been a true joy,” said Discovery FCU President/CEO, Michele Smith. “Making life better for our local community is why we exist and events like this complement our everyday efforts to help Berks County achieve their goals through strong financial footing.”
**Categories:** Active in our Community
---
### [What Are Some of the Best RV Campgrounds in PA?](https://discoveryfcu.org/news/best-rv-campgrounds-in-pa/)
**Published:** August 9, 2023
**Author:** ironcore
**Content:**
Pennsylvania is a great state for RV camping with many diverse and beautiful campgrounds. Whether you’re looking for a campground plush with amenities or a more rustic experience, a place nestled in the mountains or something near a scenic lakeshore, you’re sure to find a spot to your liking. So, whether you’re planning your next RV trip or just dreaming about the possibilities, read on to discover some of the best RV campgrounds in Pennsylvania.
## 5 Great RV Campgrounds in Pennsylvania
### 1. [Twin Grove RV Resort & Cottages](https://twingrove.com/)
Twin Grove RV Resort & Cottages is a great option for RVers who want a campground in the mountains with all the amenities. They are open all year round, and the campground offers full hookups, cable TV, laundry facilities, and a pool. There are also plenty of activities to enjoy, such as hiking, biking, fishing, and miniature golf.
The campground is located in the scenic hills of central Pennsylvania, just a short drive from the town of Pine Grove. This makes it a great base for exploring the surrounding area, which is home to a number of popular attractions, including the [Lehigh Valley Zoo](https://www.lvzoo.org/), the [Jim Thorpe Historic District](https://www.poconomountains.com/jim-thorpe/), and [Knoebels Amusement Resort](https://www.knoebels.com/).
Twin Grove currently offers 218 RV sites along with several cottages, cabins, and tent sites.
### 2. [Appalachian Camping Resort in Shartlesville ](https://thousandtrails.com/pennsylvania/appalachian-rv-campground/?utm_source=GoodSam&utm_medium=directory&utm_campaign=GoodSamListing&pc=GoodSamweb)
This campground is a great option for RVers looking to enjoy the outdoors in the heart of Pennsylvania’s Dutch Country. There are a variety of RV sites, restroom and shower facilities, as well as a swimming pool, stocked pond, mini golf, and much more.
Appalachian Camping Resort offers access to hunting, mountain biking, and canoeing, and it’s also close to many popular attractions, such as [Hersheypark](https://www.hersheypark.com/) and the Amish Country. This makes it a great place to experience the unique culture of the Pennsylvania Dutch.
### 3. [Spring Gulch Resort Campground in New Holland](https://springgulch.com/)
This RV campground, located in the countryside of Lancaster County, PA, offers a great mix of amenities and seclusion. It offers full hookups, a pool, and a playground, but the campground is also surrounded by woods and fields.
Its location in Lancaster County is known for its rolling hills, lush farmland, and charming Amish villages. There are plenty of opportunities for hiking, biking, and fishing, as well as experiencing the Pennsylvania Dutch way of life.
All RV sites offer electric, water, and cable. You can also check out [Spring Gulch’s annual Folk Festival](https://springgulch.com/folk-festival/) with music, dancing, crafts, and more.
### 4. [Otter Lake Camp Resort in Lake Harmony](https://otterlake.com/)
This campground is located right in the Pocono Mountains with over 300 acres and a 60-acre lake. It offers a great place to camp, swim, and fish. There are full hookups, heated restrooms, an indoor and outdoor pool, four playgrounds, boat rentals, lots of sports activities, and hiking trails.
The campground is also close to many other popular attractions, such as [Camelback Mountain Resort](https://www.camelbackresort.com/) and [Kalahari Resort](https://www.kalahariresorts.com/pennsylvania/). This makes it a great option for a Pennsylvania family vacation.
### 5. [Scotrun RV Resort in Scotrun, PA](https://thousandtrails.com/pennsylvania/scotrun-rv-resort/)
This RV campground is also located in the Poconos on the shores of Lake Wallenpaupack. There are full hookups, a pool, and a playground, as well as a variety of hiking and biking trails, making it a great place to camp, swim, explore, and boat.
The campground is also close to many other popular outdoor attractions, such as [Promised Land State Park](https://www.dcnr.pa.gov/StateParks/FindAPark/PromisedLandStatePark/Pages/default.aspx) and [Ricketts Glen State Park](https://www.dcnr.pa.gov/StateParks/FindAPark/RickettsGlenStatePark/Pages/default.aspx). This makes it a good choice for enjoying lots of natural beauty in the Pocono Mountains. For those interested in indoor attractions as well as outdoor, [Mount Airy Casino](https://mountairycasino.com/?utm_source=gbp&utm_medium=organic&utm_campaign=MountAiryCasinoResort) and [The Crossing Premium Outlet Mall](https://www.poconomountainrentals.com/things-to-do/the-crossings-premium-outlets/) are also nearby.
## Why Choose an RV for Your Outdoor Adventures?
The bonus of RV camping is that you have all the amenities of home, so you can relax and enjoy your vacation without having to really rough it. This includes things like beds, showers, toilets, kitchens, and even TVs and air conditioning.
So, you can wake up to the sound of birds singing, go for hikes, and stargaze at night, all without having to forgo your usual comforts.
But camping in an RV is about more than just comfort. It’s also a great way to explore the outdoors. You can visit national parks, state parks, or simply explore the backroads of your own home state.
**Here are a few more reasons why RV camping is so great:**
- **Freedom and flexibility:** RVs give you the freedom to go where you want, when you want. You can explore different parts of the country, and you don’t have to worry about finding a hotel or other similar accommodations.
- **Pet-friendly:** RVs are a great option for people who have pets. Many RV parks allow pets, and you can bring along your furry friend for all the fun on your adventures.
- **Experiencing nature:** Camping in an RV allows you to experience nature in a way that you just can’t from a hotel or other traditional accommodation. You can wake up and go fishing, go for hikes or bike rides in the woods, and enjoy a roaring campfire at night.
## RV Loans for the Perfect RV Adventure!
Do RV adventures sound amazing, but you don’t yet own one and are worried about the cost? RV ownership is actually easier than you think.
Discovery FCU offers great rates and terms for [RV loans](https://discoveryfcu.org/other-vehicle-loans/), making your outdoor dreams much more accessible. Our recreational vehicle loans offer up to 100% financing, terms up to 180 months, and great rates. Visit our [RV loans page](https://discoveryfcu.org/other-vehicle-loans/) for current rates.
Also, if you do own an RV, but aren’t thrilled with your current payment, you can refinance your loan to a better rate with Discovery FCU.
We also offer quick turnaround from application to approval. So, what are you waiting for? [Apply online or speak with one of us](https://discoveryfcu.org/other-vehicle-loans/), and start planning your visit to a Pennsylvania RV campground today!
**Categories:** News, Uncategorized
**Tags:** camping in an RV, how to afford an RV, RV campgrounds, RV loans, the best RV campgrounds
---
### [Annual Membership Meeting 2023](https://discoveryfcu.org/news/annual-membership-meeting-2023/)
**Published:** July 14, 2023
**Author:** Abby Showalter
**Content:**
## Notice of Annual Meeting
###### **Notice is hereby given that the annual meeting of Discovery Federal Credit Union will be held at 2744 Century Blvd., Wyomissing, PA 19610 on Monday, September 25, 2023, at 4:30 pm.**
The meeting is held for the following purposes: (1) to elect two directors of the credit union; and (2) to transact any other business that may properly come before the meeting or any adjournment of the meeting.
Nomination for vacant positions may be made by petition. Petitions require signatures by 1% of the membership with a minimum of (20) signatures and a maximum of five-hundred (500). Discovery Federal Credit Union currently serves 8,555 members. If you would like to seek nomination by petition, please submit a signed certificate stating that you are agreeable to the nomination and will serve if elected. In addition, please include a biographical statement. The deadline for the petitions is August 13, 2023. (Petitioners have thirty (30) days to gather signatures and deadline is forty (40) days before the annual meeting.) Please note that no nominations will be accepted from the floor and there will be no balloting if there is only one nominee for each vacant position.
The nominations received from the Nominating Committee and from petition will be posted in the credit union’s branch at least thirty-five (35) days before the annual meeting.
Dated: July 14, 2023
By Order of the Board of Directors
**Categories:** News
**Tags:** annual meeting
---
### [Celebrating America's 250th Birthday](https://discoveryfcu.org/news/celebrating-americas-250th-birthday/)
**Published:** May 19, 2026
**Author:** Abby Showalter
**Content:**
***It’s America’s Birthday but…You Get the Gifts
Auto Loans, Pop Up Specials in July, plus Free Events!***
### **$250 Gift Card*¹* with your new Discovery FCU Auto Loan**
Let’s party all June and July long, with this great special on Auto Loans. It’s easy:
- Buying a car through the credit union directly? Great!
- Refinancing a car loan from another institution? Great!
**You open the new to Discovery FCU loan, and we’ll give you a $250 Visa Gift Card.\***
Eligible loans must be for $10,000 or more.\* These include:
- Purchases of new or used cars made directly through Discovery FCU (not at the dealer)\*
- Refinances of auto loans from other institutions\*
**Apply Today, in person or online!** [APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
### **More fun planned for America’s Birthday**
Due to the air quality alert and an abundance of caution regarding the health and safety of our members and staff, the ice cream event scheduled for July 17 has been cancelled.
---
*¹ $250 gift card promotion for auto loans is limited to Discovery FCU auto loans of $10,000 or more from June 1, 2026 – July 31, 2026. This offer is only good for new loans to Discovery FCU. This includes new car loans, used car loans, and refinances from another institution. Refinances of existing Discovery FCU auto loans are not eligible. Indirect auto loans made directly at the dealership are not eligible. The borrower must keep the loan open for six (6) months from the date of loan opening. If the borrower should pay off the loan before the six (6) month period, $250 will be added to the payoff amount. Not all who apply will be approved for a loan.*
**Categories:** News
---
### [Welcome Michael Byrne](https://discoveryfcu.org/news/welcome-michael-byrne/)
**Published:** June 25, 2026
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union is proud to announce the addition of Michael Byrne as its new Business Development Manager.
In this role, Michael will focus on building and strengthening relationships with new and existing businesses throughout Berks, Montgomery, and Chester counties. His efforts will support local economic growth, foster community partnerships, and help area businesses succeed and thrive.
Michael brings more than 20 years of experience in the financial services industry, with a proven track record of cultivating strong client relationships, driving operational excellence, and collaborating with high-performing teams to achieve meaningful results. His extensive background and commitment to community engagement make him a valuable addition to the Discovery FCU team.
“Michael is already proving himself as a valued member of the team,” said Michele Smith, CEO of Discovery Federal Credit Union. “We’re excited for everyone to meet him as he goes out into the community and embodies what makes Discovery FCU different.”
Discovery Federal Credit Union looks forward to the positive impact Michael will make as the organization continues its mission of supporting members, businesses, and communities across the region.
**Categories:** News
---
### [The Dangers of a "Quick Fix" Financial Solution](https://discoveryfcu.org/news/the-dangers-of-a-quick-fix/)
**Published:** June 17, 2026
**Author:** Alexi Meggison
**Content:**
## **Debt Settlement Isn’t Always the Solution: Explore Resources to Help You Make Informed Choices**
As financial pressures continue to affect households across the country, many consumers are searching for fast solutions to manage overwhelming debt. One option that is frequently marketed as a “quick fix” is debt settlement. While these programs may sound appealing, the reality is often much more complex—and in some cases, financially damaging.
At Discovery Federal Credit Union, that’s why we prioritize consumer [education for our members](https://discoveryfcu.org/news/). By helping community members understand both the risks and alternatives available to them, we can all support healthier financial outcomes and more sustainable paths to debt relief.
### **Understanding the Risks of Debt Settlement**
Debt settlement programs typically involve negotiating with creditors to reduce the amount owed. However, consumers are often unaware of the potential consequences that can accompany this approach, including:
- Significant damage to credit scores due to missed or delayed payments
- Accounts being reported as “settled” rather than “paid in full,” which may signal financial distress to future lenders
- Accumulated late fees and penalty interest that can increase the total cost of debt over time
These factors can create long-term financial challenges, which is why we’re here to help consumers fully understand what debt settlement entails before enrolling in a program.
### **New Educational Resources Available**
Discovery Federal Credit Union is partnered with [GreenPath](https://www.greenpath.com/wellness-education/debt-solutions-decoded-why-debt-management-beats-debt-settlement/?partner_name=Discovery+FCU&utm_source=Website+redirect&utm_medium=Website+redirect&utm_campaign=Website+redirect+for+Discovery&partner_type=credit_union), a financial resource we’re proud to offer members. To help members make informed decisions, GreenPath has developed several new educational tools that explain debt settlement risks and highlight alternative options for managing debt.
### **Debt Settlement Risks Calculator**
GreenPath’s new Debt Settlement Risks webpage provides a clear overview of how debt settlement works, the potential drawbacks, and key considerations before pursuing this option. This webpage also includes an interactive calculator that helps individuals estimate the true financial impact of debt settlement.
### **Debt Solutions Decoded: A New Online Course**
For individuals struggling with credit card debt and uncertain about where to turn, GreenPath’s new online course, *Debt Solutions Decoded*, offers practical guidance and unbiased education.
Participants will learn:
- The key differences between debt settlement and Debt Management Programs
- How to identify potential risks and avoid common debt relief pitfalls
- Strategies for making confident, informed financial decisions
Designed with empathy and clarity in mind, the course helps members better understand their options and choose solutions that align with their long-term financial goals.
### **Debt Management vs. Debt Settlement: Webinar**
This session will provide a deeper look at debt settlement, debt management strategies, and best practices for guiding members toward solutions that support lasting financial wellness.
### **Supporting Financial Wellness Through Education**
At Discovery Federal Credit Union, one of our ongoing priorities is helping members understand the financial resources available to them and empowering them to make informed decisions.
We encourage members to explore these educational tools and share them with family members and friends who may benefit. When it comes to managing debt, knowledge is a powerful resource—and informed decisions can help create a stronger path toward achieving your financial goals.
**Categories:** Products & Services
---
### [Third Annual Angel Tree at Discovery Federal Credit Union](https://discoveryfcu.org/news/third-annual-angel-tree-at-discovery-federal-credit-union/)
**Published:** November 17, 2025
**Author:** Alexi Meggison
**Content:**
## **Discovery Federal Credit Union Teams Up with Opportunity House for Annual Angel Tree**
It’s that time of year again—the season of giving, gratitude, and celebrating the good within our community. And for the third year in a row, Discovery Federal Credit Union is proud to continue our holiday tradition: hosting our very own [Angel Tree](https://discoveryfcu.org/news/angel-tree-in-support-of-opportunity-house/) to support families connected with Opportunity House.
[Opportunity House](https://opphouse.org/), a Berks County–based organization, empowers individuals facing homelessness by providing safety, stability, community, and life-skills that help them rebuild and thrive. Their mission is close to our hearts, and each year we’re honored to lend a hand during the holiday season.
This year, after talking with the Opportunity House team, we decided to do things a little differently. Instead of sponsoring just one or two families, we’ve expanded our efforts to support **five families**, each with unique needs and circumstances.
### **How the Discovery FCU Angel Tree Works**
Participating is easy and meaningful:
1. Visit Discovery FCU and choose an ornament from the Angel Tree.
2. Each ornament represents a wish list for a family member.
3. Purchase one item from the list.
4. Return the unwrapped gift to Discovery FCU before **December 17th**.
We’ll take care of the rest.
### **Meet the Families Behind the Angel Tree**
To give each family a truly magical holiday, we’re aiming for **three gifts per family member**. Every ornament has been printed in triplicate so multiple wish list items can be fulfilled for the same individual.
This year’s Angel Tree represents:
- **Three single mothers**—one with two children and two with three—each hoping to give their kids the joyful holiday moments they see their classmates enjoying.
- **One single father with MS**, courageously raising his two young daughters.
- **A set of grandparents** raising their grandchildren, along with another child they welcomed into their care after meeting them at the shelter.
With the support of the community, Discovery members, and DFCU employees, we were able to bring holiday magic to life for families in need. The generous donations helped create meaningful memories, spark smiles, and remind families that they are not alone.
For children facing resource insecurity, these gifts meant having something special to unwrap and share with friends. For parents and guardians, they offered a moment of relief and the reassurance that their community is standing behind them.
Thank you for helping us make this season brighter—for our neighbors, our community, and each other.
**Categories:** Active in our Community
**Tags:** berks county, Community, holiday savings tips
---
### [Task Job Scams and What To Know](https://discoveryfcu.org/news/task-job-scams-and-what-to-know/)
**Published:** February 23, 2026
**Author:** Alexi Meggison
**Content:**
# New “Task Job” Scam Steals Retirement Fund
With the advancements of AI, and its increased accessibility, scammers are finding new and creative ways to legitimize themselves, making it feel impossible to tell apart a scam from a great opportunity. Work‑from‑home scams are evolving, and one of the most insidious is the “task job” scam. These schemes lure victims with the promise of easy money for completing simple online tasks — but the reality is far more dangerous. Understanding how they work is[ the first step to staying safe.](https://discoveryfcu.org/financial-fraud-education/)
## How “Task Job” Scams Work
Fraudsters [create convincing job postings](https://discoveryfcu.org/news/what-you-need-to-know-about-credit-union-impersonation-scams/) on social media, sometimes accompanied by fake company websites, and email addresses, making it harder for potential victims to spot the scam. Scammers often promise high pay for simple tasks, while promoting perks like flexible hours and working remotely. Once a victim is interested and trust is gained, making a few upfront payments or initial deposits doesn’t seem so farfetched. In some cases, scammers can start off the job, after the initial deposits, paying you what you’re due. As your trust builds more, the fees and deposits will increase with the promise of getting more money back to you. Eventually, goal posts will change, and new fees, rules, and deadlines will keep you from being able to withdraw the money from your account.
## Red Flags of a “Task Job” Scam
Getting an offer for a high-paying, minimally low-effort job might sound like an opportunity to jump on, but it’s important to take some time to look out for these red flags:
- Requires payment upfront – Legitimate employers never charge you.
- Pressure to act quickly – This leaves little time to research and check for red flags
- Has unclear or inconsistent contact information – Check for emails from free accounts, typos, or lack or verifiable website or phone numbers
- Promises for unusually high earnings
## How to Protect Yourself
If you get an email or see a job posting that interests you there are a few things you can do to ensure that your potential new job is legitimate and won’t result in you losing more than you gain.
- Research the company – Verify contact information, websites, and reviews.
- Avoid paying to work – Legitimate jobs cover on boarding costs themselves.
- Report Suspicious Activity – Notify the Federal Trade Commission (FTC) or your local authorities.
- Consult trusted sources-Ask friends or family members you trust if you’re unsure if a job posting or requirement for employment seems unusual or suspicious.
## Bottom Line
Tasks jobs can look legitimate and even follow through with some of the compensation they say, but that doesn’t mean you’re in the clear. By recognizing the tactics and red flags, you can protect yourself and others from losing money to job scams. Staying informed is your best defense against scammers who are constantly finding new ways to trick people online.
**Categories:** Financial Education, News
---
### [Partnering with ProBerco to Bring Smiles](https://discoveryfcu.org/news/partnering-with-proberco-to-bring-smiles/)
**Published:** August 28, 2025
**Author:** Abby Showalter
**Content:**
**Discovery Federal Credit Union Partners with ProBerco to Bring Smiles and Sweet Treats with Ice Cream Truck Event**
This summer, Discovery Federal Credit Union celebrated its commitment to the community by hosting a very special free ice cream event for the employees and the individuals they serve at the local nonprofit, [ProBerco](https://www.proberco.org/) (formally Prospectus Berco). To make the day extra sweet, Discovery FCU partnered with [Way-Har Farms](https://wayharfarms.com/) to bring their ice cream truck to ProBerco’s main campus, where enthusiastic Discovery employees scooped ice cream, added toppings, and connected with attendees.
The event created a joyful atmosphere and offered a sweet treat to everyone in attendance. In addition to the ice cream celebration, Discovery FCU proudly donated $1,500 to ProBerco in support of their mission to enrich the lives of adults with disabilities.
“We wouldn’t be where we are today without the wonderful community support we receive from local businesses and our community partners like, Discovery Federal credit Union,” said Jessica Penchard, Development & Public Relations Director at ProBerco.
“Engagement in the community is at the heart of who we are as a credit union,” added Michele Smith, President & CEO of Discovery FCU. “Our mission is to serve our members, support their financial needs, and share moments of joy like this. This celebration with ProBerco is just one example of how we give back.”
See all of the fun in action in these short videos:
- [Building Community with ProBerco](https://www.youtube.com/watch?v=fJOPGupcOTI)
- [Sweet Moments with our CEO!](https://www.youtube.com/watch?v=54vYqoVq-7M)
- [Kevin’s Scoop on Community!](https://www.youtube.com/watch?v=vttK0Jp9VLw)
Discovery’s partnership with ProBerco blossomed earlier this year when Josh Oswald, Business Development Manager, joined the nonprofit’s board of directors.
**About ProBerco** ProBerco is a nonprofit organization dedicated to enriching the lives of individuals with disabilities and their families. Through a range of innovative programs, ProBerco strives to build an inclusive community where every person can live the life of their choice. For more information, visit [www.proberco.org](http://www.proberco.org)
**Categories:** Active in our Community
---
### [Making Food More Affordable: Smart Strategies to Stretch Your Grocery Budget](https://discoveryfcu.org/news/making-food-more-affordable/)
**Published:** December 30, 2025
**Author:** Alexi Meggison
**Content:**
# Making Food More Affordable: Smart Strategies to Stretch Your Grocery Budget
Grocery prices have a way of sneaking up on us. One week, everything feels manageable, and the next, your usual cart costs far more than expected. If food expenses are putting [pressure on your budget](https://discoveryfcu.org/news/the-basics-of-budgeting/), *you are not alone*. The good news is that with a few intentional habits, you can make your grocery dollars go further without sacrificing nutrition or enjoyment.
Here are some simple, realistic strategies to help you save on food costs and feel more in control at the checkout.
## Start With a Plan (Before You Step Inside the Store)
A little planning can lead to big savings.
- Create a weekly meal plan based on what you already have at home
- Build your grocery list from that plan and stick to it
- Check store flyers and digital coupons before shopping
When you know exactly what you need, you are far less likely to overspend on impulse items.
## Shop Your Pantry First
Before buying more, take inventory of what is already in your kitchen. This simple habit reduces waste and stretches your food budget further.
- Use up items nearing their expiration date
- Plan meals around pantry staples like rice, pasta, beans, or frozen vegetables
- Avoid buying duplicates of items you already own
## Be Strategic About Where and How You Shop
*Not all grocery trips are created equal.*
- Avoid shopping when hungry, which can lead to impulse buys
- Compare unit prices, not just sticker prices
- Buy store brands, which often offer the same quality at a lower cost
- Consider shopping once per week to reduce extra spending
If possible, shopping during less busy times can also help you stay focused and intentional.
## Stretch Your Meals (and Your Ingredients)
Getting more than one meal out of what you buy is key to affordability. Simple adjustments can turn one grocery trip into multiple meals.
- Cook larger portions and plan for leftovers
- Repurpose meals, like turning roasted chicken into soups or wraps
- Freeze unused portions to prevent food waste
## Reduce Food Waste at Home
Food wasted is *money* wasted!
- Store foods properly to extend freshness
- Label leftovers with dates so they do not get forgotten
- Keep your fridge organized so items stay visible
Even small reductions in waste can lead to noticeable savings over time.
## Build Flexibility Into Your Food Budget
Food costs can fluctuate, and that is okay!
- Allow room in your budget for occasional price changes
- Balance higher-cost weeks with simpler meals later on
- Use savings from good weeks to offset tougher ones
*Progress matters more than perfection.*
## You Do Not Have to Navigate It Alone
Managing food costs is just one piece of your overall financial picture. Here at Discovery FCU, we’re here to help you build habits that support long-term stability, not short-term stress. If you would like guidance on budgeting,[ saving](https://discoveryfcu.org/save/basic-savings/), or planning for everyday expenses, give us a call at 610-372-8010 or[ stop by](https://discoveryfcu.org/connect/contact/) to speak with one of our friendly team members. We are here to help you move forward with confidence.
**Categories:** Financial Education
**Tags:** budgeting, budgeting tips, Community
---
### [Discovery FCU Support Breast Cancer Support Services of Berks](https://discoveryfcu.org/news/discovery-fcu-support-breast-cancer-support-services-of-berks/)
**Published:** November 16, 2025
**Author:** Abby Showalter
**Content:**
Throughout October, Discovery Federal Credit Union (Discovery FCU) demonstrated its commitment to the community by hosting several fundraising activities in recognition of Breast Cancer Awareness Month. The efforts supported the Breast Cancer Support Services (BCSS) of Berks County, a local nonprofit providing resources and guidance to individuals and families affected by breast cancer.
During the month, Discovery FCU launched its new CU Rewards Program, which allows members using the Discovery Visa® Credit Card to use points a variety of reward options including charitable donations. To align with the organization’s community focus, members were encouraged to donate their reward points directly to BCSS, creating a simple, seamless way to give back through everyday spending.
Employees also joined together to raise awareness and funds inside the branch. Each Friday in October, beginning October 3, team members wore pink Discovery FCU T-shirts as a visible reminder of support for those impacted by breast cancer. Pink-shirt Fridays ran through October 24, reinforcing the organization’s ongoing dedication throughout the month.
Additional fundraising initiatives included the sale of breast cancer awareness bracelets, available for purchase through cash donations or directly from member accounts, and a flower sale held on International Credit Union Day. Proceeds from both efforts were donated entirely to Breast Cancer Support Services of Berks County.
At the end of the month, Discovery FCU had raised over $250 for BCSS and then added their own additional donation to total $1,000. This total does not include any donations that may have been made to BCSS through CU Rewards.
“Supporting BCSS allows us to give back in a way that directly benefits individuals right here in Berks County,” said Michele Smith, President/CEO of Discovery Federal Credit Union. “Our team is proud to stand with those affected by breast cancer and to continue finding meaningful ways to contribute to their strength and recovery.”
Through these combined efforts, Discovery Federal Credit Union reaffirmed its commitment to community involvement and to causes that have a lasting, local impact.
**Categories:** Active in our Community
---
### [Discovery FCU Hosts Food Drive with Helping Harvest Food Bank](https://discoveryfcu.org/news/discovery-fcu-hosts-food-drive-with-helping-harvest-food-bank/)
**Published:** November 3, 2025
**Author:** Alexi Meggison
**Content:**
**Supporting Our Community: Join Discovery FCU’s Fall Food Drive**
As the holidays approach, Discovery Federal Credit Union is joining together with [Helping Harvest Food Bank](https://helpingharvest.org/) to lift up our neighbors in need. With food insecurity on the rise, more families than ever are turning to local food banks for support, and your contributions are vital. Non-perishable food items and essential household goods can be dropped off at our branch through November 22 to help us make a lasting impact on our community. All donations will be delivered weekly to Helping Harvest so that community members in need have access to food and supplies throughout the entire month.
**What to Donate**
We are accepting a variety of items to help stock local shelves and brighten the holidays for our neighbors. **Please no glass or expired items.**
- Canned goods such as soups, vegetables, fruit, tuna, and beans
- Boxed pantry staples including stuffing mix, pasta, rice, and cereal
- Thanksgiving favorites like canned pumpkin, cranberry sauce, and boxed potatoes
- Paper products such as paper plates and napkins
- Can openers, which are always appreciated and often overlooked
- [Monetary donations](https://helpingharvest.org/donate/) are always accepted through Helping Harvest as they can supply the food bank with what families need most
**Why It Matters**
The upcoming Thanksgiving holiday is a time to come together, share a meal, and show gratitude. For many families, that can be difficult without community support. Your donations help ensure that no one in Berks County goes without the comfort of a holiday meal or the basic household items they need.
**How to Give**
Drop off your donations at [Discovery Federal Credit Union](https://discoveryfcu.org/) located at 2744 Century Blvd, Wyomissing, PA 19610, during business hours. Our collection bin is located in the branch lobby, and every item you contribute helps make a difference.
Together, we can make this season a little brighter for everyone [in our community](https://discoveryfcu.org/connect/community-involvement/)—one can at a time.
**Categories:** Active in our Community
---
### [Discovery FCU Builds Play Set for a Local Child](https://discoveryfcu.org/news/discovery-fcu-builds-play-set-for-a-local-child/)
**Published:** December 10, 2025
**Author:** Alexi Meggison
**Content:**
# The Discovery Federal Credit Union Team Builds Play Set Benefiting Family Affected By Childhood Cancer
When the Discovery Federal Credit Union team learned about a local family in need of support, the company reworked their schedules to make it happen. This October, team members traded their desks for tool belts, gathering in a backyard in Reading, to build a special play set for a little girl bravely fighting cancer. For her, this play set is more than a structure—it’s a place where she can enjoy fresh air and experience a sense of normalcy from her routines.
The project was completed in partnership with the [**Roc Solid Foundation**,](https://rocsolidfoundation.org/) a nonprofit dedicated to supporting families facing childhood cancer. Their mission and guidance connected the Discovery FCU team directly with the family and equipped them with everything needed to bring the play set to life. Once the build was complete, the transformation didn’t stop there. The Discovery team has [**Anewalt’s Landscape Contracting**](https://anewaltslandscape.com/) to thank for generously donating their time, mulching the area to create a safe and welcoming play space.
“It was incredibly moving to see her smile,” said **Jennifer Pelker, VP of Member Experience at Discovery FCU**. “Hearing her laugh and play made the entire experience unforgettable.”
*Watch the heartwarming reveal here:*
Beyond the joy this play set brings to one family, the team also hopes it shines a light on organizations like the Roc Solid Foundation and the incredible work they do for families facing childhood cancer. By sharing this experience, Discovery FCU aims to remind community members that there are countless ways to show up for your neighbors. Small acts of kindness can make a profound difference, and together, our community can continue to lift up families when they need it most.
**Categories:** Active in our Community
---
### [Best Place for a Home Equity Loan in Berks County](https://discoveryfcu.org/news/home-equity-berks-county/)
**Published:** January 1, 2026
**Author:** Alexi Meggison
**Content:**
# **Berks County Homeowners**
Are you searching for the best home equity loan or HELOC in Berks County, Pennsylvania? Homeowners in Reading, Wyomissing, Shillington, and across Berks have access to local credit unions that offer competitive rates, flexible terms, and personalized lending options whether you’re looking to fund renovations, [consolidate debt](https://discoveryfcu.org/smarter-borrowing/), or cover major expenses. This guide reviews how [Discovery Federal Credit Union](https://discoveryfcu.org/) provides competitive [home equity products](https://discoveryfcu.org/home-equity/) in Berks County and explains how to compare offers to secure the lowest rates and best terms for your needs. Two common options are:
1. Home Equity Loan – A lump-sum loan with a fixed interest rate and predictable monthly payments.
2. Home Equity Line of Credit (HELOC) – A revolving line of credit that lets you borrow as needed, typically with a variable rate.
While national banks advertise heavily, comparing local lenders in Berks County can often lead to better service, more flexible underwriting, and competitive rates. Working with a local institution also means your loan is reviewed by people who understand the regional housing market. Discovery Federal Credit Union is a well-known local lender that has been serving Berks County residents for over 65 years. As a credit union, it is not only member-focused, but member-owned rather than shareholder-driven, which translates into competitive rates and lower fees.
# **Key Benefits of working with Discovery Federal Credit Union**
1. Personal Mortgage Team: You work directly with a local lending team who can walk you through your options and explain the fine print clearly.
2. Local Lenders & Decision Makers: Loan decisions are often made locally rather than through an out-of-state underwriting center. This can mean: Faster turnaround times, greater flexibility, better understanding of Berks County property values
3. Member-Centric Approach: Members often benefit from lower fees and strong customer service.
If you value personalized service and local accountability, Discovery Federal Credit Union is a strong place to start.
# **Comparison Checklist: What To Look For**
No matter which lender you consider in Berks County, use this checklist to compare offers side by side:
- [APR (Introductory & Ongoing)](https://discoveryfcu.org/rates/)
- Is the HELOC offering a temporary teaser rate?
- What will the rate adjust to after the intro period?
- Is the rate fixed or variable? Always compare the fully indexed APR, not just the introductory rate.
- Loan-to-Value (LTV) Limits
- What percentage of your home’s value can you borrow?
- Draw & Repayment Periods For HELOCs:
- How long is the draw period (often 5–10 years)?
- How long is the repayment period (often 10–20 years)?
- Will payments increase significantly after the draw period ends?
# **Ready to Reach out to Discovery Federal Credit Union?**
Finding the best place for a home equity loan in Berks County starts with shopping local. Institutions like Discovery Federal Credit Union offer personalized service and local decision-making, with competitively low loan rates. By comparing APRs, fees, LTV limits, and repayment terms—and gathering multiple written offers—you can confidently choose the option that fits your financial goals. Before applying, take the time to research, compare, and ask detailed questions. Ready to reach out to Discovery FCU? Call us at 610.372.8010 or visit www.discoveryfcu.org to get started.
**Categories:** Products & Services
**Tags:** berks county
---
### [Meet Your New Best Friend at Discovery FCU](https://discoveryfcu.org/news/mostlymuttzadoption/)
**Published:** April 22, 2026
**Author:** Alexi Meggison
**Content:**
Whether you’re looking to grow your family by four more paws, or just contribute to a great cause, Discovery FCU has an exciting opportunity coming up that you won’t want to miss.
On Thursday, April 30th from 12:00–1:00 PM, we’ll be hosting a special dog adoption event right here at Discovery FCU. The pups provided by Mostly Muttz Rescue are currently looking for their forever homes. Whether you’re ready to adopt or just want to stop by for some midday puppy love, we’d love to see you there.
You’ll get a chance to meet:
- [**Kenji, an 8 year old Beagle boy!**](https://www.wagtopia.com/search/pet?id=2684066&name=Kenji) He’s spunky, fun, and always ready to make you smile — especially when he breaks out his signature little dance after going potty. Yes, really. Kenji has moves. Kenji is great with other dogs, house trained, and crate trained — basically the full package. He’d be just as happy joining you for a hike on the trail as he would be lounging beside you on the sofa for a rainy-day Netflix binge and snuggle session.
- [Shadow is a happy-go-lucky boy](https://www.wagtopia.com/search/pet?id=2641325&name=Shadow+) with soulful eyes and a heart that’s always ready for love. He’s eager, exuberant, and always thrilled to see his people — the kind of dog who makes every arrival feel like the best moment of the day. This lovable goofball can be a bit mouthy when he’s excited, but it comes from pure joy and affection. He truly just wants to be loved and included. Shadow would thrive with an active family who enjoys movement, adventure, and continuing his training to help channel his enthusiasm. 
- **[Squirt, a tail-wagging firecracker!](https://www.wagtopia.com/search/pet?id=2576236&name=Squirt)** Squirt walks nicely on a leash and keeps things interesting with the occasional dramatic “about-face” toward her human—nothing more than a silly habit that’s easily corrected and honestly kind of adorable. She’s a total people-lover who believes everyone is her best friend (and she’s thrilled to meet them). She has plenty of energy and would love an active home that enjoys playtime and fun.
Please note that the dogs listed here are subject to change based on their availability and adoption status.
### **Help Us Help Them: Pet Supplies Drive**
In addition to the adoption event, Discovery FCU is proud to support local rescue efforts by launching a Pet Supplies Drive starting 4/23/2026. Caring for rescued animals takes a community, and your donations make a real difference.
We are currently collecting the following much-needed items:
- Wet and dry dog food (adult, puppy, and all life stages)
- Dog treats
- Benebones and Nylabones (all sizes)
- Disposable or washable pee pads
- Pill pockets
- 24-inch wire crates
- Paper towels and Clorox wipes
- Gift cards (Amazon, Chewy, Tractor Supply Co.)
Please donate items by dropping them off inside of the Discovery FCU lobby located at 2744 Century Blvd, Wyomissing, PA 19610. This drive will run until Thursday, 4/30/2026 before 1PM. Every item—big or small—helps provide comfort, care, and a better future for animals in need. To learn more about other ways to donate, please visit [www.mostlymuttz.org](http://www.mostlymuttz.org) and toggle to “donate” to find additional links and wish lists.
Whether you’re donating supplies, stopping by to meet the dogs, or hoping to adopt, your involvement makes a difference! Together, we can make a meaningful impact—one paw at a time.
The Discovery FCU and Mostly Muttz teams look forward to seeing you on April 30th!
**Categories:** Active in our Community
---
### [Purchase Sun Tributes To Benefit ProBerco](https://discoveryfcu.org/news/sun-tributes-to-support-proberco/)
**Published:** March 11, 2026
**Author:** Alexi Meggison
**Content:**
# **Sun Tributes to Promote Inclusion in Berks County**
When it comes to being a pillar of Berks County, few organizations stand out and work as tirelessly to bring the community together as [ProBerco](https://www.proberco.org/). Discovery Federal Credit Union is proud to partner with ProBerco to promote awareness and inclusion for adults living with disabilities, helping them experience a meaningful sense of community involvement. From now until Friday March 27th, Discovery is offering *sun tributes* for $5 each, with all proceeds benefiting ProBerco. Each sun tribute will be proudly displayed with your name at the [2026 Harmony Walk](https://www.proberco.org/harmonywalk/), celebrating the spirit of inclusion and support.
## **Who is ProBerco?**
ProBerco, formerly known as Prospectus Berco, is a nonprofit organization dedicated to working with adults with intellectual and developmental disabilities. Their mission is rooted in focusing on abilities rather than limitations, providing each member of their day program opportunities to learn, grow, and develop a wide range of skills. Through their programs, ProBerco envisions a world of possibilities where men and women with disabilities can live lives of choice, dignity, and grace.
## **Harmony Walk 2026**
On Sunday, March 29th, ProBerco will host its annual Harmony Walk, a special event designed to raise funds and awareness for the organization. By purchasing a $5 sun tribute through Discovery Federal Credit Union, your name will be prominently displayed at the walk, showing your support for inclusion and celebrating a community where everyone belongs. Your contribution helps shine a light on the abilities, achievements, and potential of adults with disabilities.
## **Looking for other ways to support ProBerco?**
Discovery Federal Credit Union [Visa® Classic and Visa Platinum credit cards](https://discoveryfcu.org/credit-cards/) have everything you need. A great low rate, a host of added benefits, but most importantly the opportunity to turn your rewards into a donations to ProBerco. Every dollar you spend equals one point. Watch the points build up and then choose the [Points2Cash® option](https://discoveryfcu.org/proberco-rewards/). From there you can turn your cash rewards into a donation that goes directly to ProBerco.
**Categories:** Active in our Community
---
### [Debt Management: How to Get Out of Debt and Stay Out](https://discoveryfcu.org/news/debt-management-how-to-get-out-of-debt-and-stay-out/)
**Published:** February 26, 2025
**Author:** Abby Showalter
**Content:**
Debt can feel like a never-ending cycle, but the good news is that with the right strategy, you can take control of your finances and break free. Whether it is credit cards, student loans, or personal loans, managing debt wisely can bring you peace of mind and financial stability. Let us walk through some simple, practical steps to get out of debt and stay out for good!
**Step 1: Know Your Numbers** Before you can tackle your debt, you need to know exactly what you are dealing with. Make a list of all your debts, including:
- Outstanding balances
- Interest rates
- Minimum monthly payments
Seeing everything laid out will help you prioritize which debts to pay off first.
**Step 2: Create a Budget** A budget is your best friend when it comes to managing debt. Track your income and expenses to find areas where you can cut back and put more toward debt repayment. Consider:
- Reducing discretionary spending (like dining out and subscriptions)
- Allocating extra funds toward your highest-interest debt
- Automating your payments to stay on track
**Step 3: Choose a Repayment Strategy** There are two popular methods to tackle debt:
- **The Snowball Method.** Focus on paying off the smallest debt first while making minimum payments on others. This builds momentum and keeps you motivated.
- **The Avalanche Method.** Focus on paying off the debt with the highest interest rate first to minimize the amount of interest paid over time.
Choose the method that works best for your financial situation and motivation style!
**Step 4: Consider Debt Consolidation** If you have multiple high-interest debts, consolidating them into a lower-interest loan can make repayment easier. Options include:
- A [personal loan](https://discoveryfcu.org/personal-loans/) with a lower interest rate
- A balance transfer credit card with a promotional [2.99% APR](https://discoveryfcu.org/low-rate-visa-credit-cards/)\* on balance transfers, (Visa Platinum: 8.99% APR\* thereafter; Visa Classic: 12.99% APR\* thereafter. A 3% balance transfer fee applies.)
- [Refinancing student loans](https://discoveryfcu.org/student-loans/) to secure a better rate
**Step 5: Avoid New Debt** Once you start making progress, the last thing you want to do is add more debt to the mix. To prevent this:
- Use credit responsibly and only for necessary expenses
- Build an emergency fund to cover unexpected costs
- Stick to your budget and avoid impulse purchases
**Step 6: Seek Professional Help if Needed** If debt feels overwhelming, you do not have to tackle it alone. Financial advisors and [counseling services](https://discoveryfcu.org/financial-wellness/) can help you create a personalized plan and negotiate with creditors.
**You’ve Got This!** Becoming debt-free is a journey, and every step you take brings you closer to financial freedom. At Discovery Federal Credit Union, we are here to support you with the tools and resources you need to stay on track.
Give us a call at **610-372-8010** or book an appointment [online](https://discoveryfcu.coconutcalendar.com/service) about managing debt and achieving financial peace of mind!
---
*\*APR= Annual Percentage Rate. The 2.99% APR promotion is on balance transfers only and after 6 months the rate on that balance transfer will be 8.99% for a Platinum Visa Card or 12.99% APR for a classic Visa Card. [View Account Details Here.](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/) All loans subject to credit approval. Must be eligible for credit union membership to apply.*
**Categories:** Financial Education
---
### [Where to Refinance Your Car Loan in
Berks County, PA: The Complete Guide
for Savvy Borrowers](https://discoveryfcu.org/news/where-to-refinance-your-car-loan-in-berks-county-pa/)
**Published:** November 11, 2025
**Author:** ironcore
**Content:**
Refinancing a car loan can be **one of the smartest financial moves you make,** especially if your original loan’s interest rate is high, your credit has improved, or your budget has changed.
For drivers in Berks County, PA, Discovery Federal Credit Union (Discovery FCU) offers a powerful local refinancing choice, **pairing competitive rates with community-first service.**
## In this guide you’ll find:
- [A deep explanation of what car loan refinancing means](#understand-car-loan-refinancing)
- [A detailed look at Discovery FCU’s auto refinance program (rates, features, process)](#auto-refinance-program)
- [Real-world case studies and examples](#case-studies-and-examples)
- [Comparison with other local and national lenders](#refinance-comparison)
- [Car loan process and perks](#car-loan-process-and-perks)
- [Expanded FAQs](#faqs)
- [Mistakes you’ll want to avoid](#mistakes-to-avoid)
- [What to do when you’re ready](#when-youre-ready)
Let’s dive in.
## Understanding Car Loan Refinancing
### What It Is (And What It Isn’t)
Car loan refinancing is replacing your existing auto loan with a new one—ideally under better terms (lower interest rate, different term length, lower monthly payment, etc.). Your new lender pays off the old lender, and you begin making payments under the new agreement.
It’s not the same as leasing, a home refinance, or a simple refinancing of other debts. The collateral (the car) matters, as do title/lien issues and your vehicle’s age.
### How It Works: Step by Step
1. **Apply with a prospective lender**
You submit basic financial information, vehicle details, and current loan data.
2. **Underwriting and approval**
The lender reviews your credit, income, vehicle condition/value, and loan-to-value (LTV) ratio to decide whether to approve you and at what terms.
3. **Payoff & title transfer**
If approved, the new lender pays off your existing auto loan. They handle the lien/title paperwork so the car’s title is reassigned under the new lender.
4. **You make payments on the new loan**
From that point, you no longer deal with your former lender—only your new one.
5. **Optional features & add-ons**
You might finance additional products (GAP, warranties, etc.) or adjust term length or payment schedules.
Because auto refinances tend to have straightforward collateral and fewer closing costs (compared to mortgages), the process is generally simpler and faster.
### Common Myths & Misconceptions
- **Myth:** You can only refinance after a year.
Not necessarily. Many lenders have no minimum “seasoning” period—if your new terms are favorable, you can often refinance early, as long as the title/loan setup is finalized.
- **Myth:** Only people with excellent credit qualify.
While better credit helps you qualify for lower rates, many credit unions and lenders consider more than just FICO scores. Some weigh your history, income trends, and reliability.
- **Myth:** There are big fees or prepayment penalties.
In many cases, auto refinancing has little to no fees. Reputable lenders (especially credit unions) often don’t charge prepayment penalties. The main expense might be title transfer or state processing.
- **Myth:** You’re locked in once you choose a lender.
Nope. You can refinance again later if conditions improve (credit score, market rates) or if you find a significantly better offer.
## Deep Dive: Discovery FCU’s Auto Refinance Program
Now let’s dive into [what Discovery FCU offers specifically](https://discoveryfcu.org/auto/), including rates, terms, perks, and process. **The goal:** for you to see whether this local credit union is the right move.
Please keep in mind that all of these figures are as of October 1, 2025 and subject to change at any time. Please see our [auto loans page](https://discoveryfcu.org/auto/) for current rates.
### Key Rates & Terms (as of this writing)
TermAPR\*Payment per $1,000 (2016+)36 months4.99%$29.9748 months4.99%$23.0260 months4.99%$18.8772 months5.54%$16.3684 months5.79%$14.51\*These are for vehicles 2016 or newer. Older models may qualify for different rates.
**Additional features:**
- Same rates and terms for new and used cars (if model year 2016+)
- Make no payments for 90 days after refinancing (interest still accrues)
- Same-day financing available when documents are in order
- Electronic signatures accepted for loan closings
- Guaranteed Lowest Auto Loan Rates: Discovery advertises a rate match program (with restrictions) if you’ve found a lower offer elsewhere
- Title processing fee: $25 (can be rolled into the loan or paid upfront)
These terms are already aggressive, and some perks (like 90-day no payment) are less common among lenders.
### Membership & Eligibility
- To refinance or get a new auto loan, you must be (or become) a [Discovery FCU member. ](https://discoveryfcu.org/value/)**You can join the credit union if you:** live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. 👉 [Learn More](https://discoveryfcu.org/connect/join/)
- You can apply for membership and the auto refinance in one process.
- For vehicles older than 9 years, special rates apply. Call or make an appointment to discuss.
- Standard documentation includes pay stubs, proof of insurance (with Discovery added as lienholder), and the payoff or sales agreement of your current loan.
- Once all required documents are submitted, Discovery’s typical turnaround is 1–2 business days, and same-day financing might be possible.
### Perks & Add-Ons
Let’s explore the member benefits Discovery offers, many of which you can bundle into or alongside your refinance:
- GAP Insurance: Priced at $325. Covers the “gap” between what you owe and what insurance pays if the vehicle is totaled or stolen.
- Extended Warranty (Intercontinental Warranty Services, IWS):
- Coverage for cars 12 years old or newer and up to 125,000 miles.
- Benefits include low/no deductibles, nationwide coverage, towing, roadside assistance, car rental, trip interruption, key replacement, etc.
- May save up to 50% off dealer pricing for similar coverage.
- You may be eligible for coverage even if you don’t refinance (just being a member)
- **Auto Insurance via TruStage:** Discovery offers a partner program to give members discounted auto & home insurance rates.[ ](https://discoveryfcu.org/auto/)
- **Rate Match Guarantee:** If you find a better rate elsewhere (subject to certain restrictions), Discovery may match it. 0% financing is excluded.
These perks make the refinance more than just a swap of loans—they add insurance, protection, and peace of mind.
## Case Studies & Realistic Scenarios
Let’s flesh out several hypothetical but realistic scenarios to illustrate how much you might save or how your loan might shift, depending on your goals.
### Case Study A: Bob from Laureldale – Reducing Payments
- Original loan: $18,000, 7% APR, 60-month term
Remaining balance after 24 months: ~$10,800
- Situation: Bob’s income was reduced due to job changes, so he needs to lower his monthly payment.
**Refinance plan**
- Refinance $10,800 balance at Discovery FCU’s 4.99% APR, term = 60 months
- New monthly payment ≈ $203
**Impact**
- Old payment: ~$215
- New payment: ~$203 → saves $12/month
- Over term, Bob saves ~$312 in interest (vs continuing at 7%)
- Plus, he gains the flexibility from Discovery’s member perks.
While $12/month may not seem huge, for someone tightening their budget, every bit counts—not to mention that those savings add up.
### Case Study B: Celeste from Reading – Lowering Total Interest
- Original loan: $25,000, 6.9% APR, 72-month term
- After 18 months: balance ~$22,000
- Celeste’s credit has improved significantly.
**Refinance plan**
- Refinance $22,000 at 4.99% APR, term = 60 months
- New payment: ~$414
**Impact**
- Her payment is slightly higher than before—but she chops off 12 months of payments and saves ~$1,200 in interest.
- She also feels better knowing she’s paying less interest per dollar of principal.
### Case Study C: “John from Kutztown – Discounting from a High-Rate Loan
- Original loan: $14,000, 12.5% APR, 60-month term
- After 24 months: balance ~$9,800
- The remaining high rate is unsustainable.
**Refinance plan**
- Refinance $9,800 at 4.99%, 60-month term
- New payment ≈ $184
**Impact**
- Old payment: about $220
- New payment: $184 → saves ~$36/month
- Over the life of the new 60-month term, Celeste saves nearly $2,000 in interest.
This is the classic “refinance out of a bad deal” scenario—and one of the strongest reasons to explore refinancing.
## Smart Auto Refinance Comparison Guide
When shopping for an **auto refinance loan**, it helps to understand how different lenders structure their offers. Rates, terms, and flexibility can vary significantly between credit unions, community banks, and large national lenders.
### What to Compare Before You Refinance
**✅ Local Credit Unions & Community Banks
These lenders focus on **member value**, often offering **lower interest rates**, flexible repayment terms, and personalized service. Many also include **90-day no-payment options**, **GAP coverage**, or **extended warranty protection** to help protect your investment.
**🏦 Regional & Online Banks
Banks may provide competitive rates — especially for customers who already have checking or savings accounts — but approval requirements can be stricter. Be sure to review **term lengths**, **prepayment penalties**, and whether they support **direct-to-consumer refinancing**.
**🚗 National Lenders & Dealership Programs
Dealer financing and national loan programs are often built for vehicle purchases, not refinancing. While convenient, these options may have **higher starting APRs**, **shorter terms**, or fewer options to skip payments or adjust due dates.
**Lender Type****Typical Starting APR\*****Max Term****Common Features****Local Service****Community Credit Union**4.9–6.5%Up to 84 moLocal decisions, 90-day no payments, GAP & warranty options✅ Yes**Regional Bank**5.0–7.0%Up to 72 moTraditional loan structure, autopay discounts⚪ Sometimes**National Bank**5.5–7.5%Up to 84 moHigher credit thresholds, fewer member perks❌ No**Dealer or Online Lender**7.0–15%+VariesTypically purchase-focused, limited refinance options❌ No**Discovery Federal Credit Union****As low as 4.99%****Up to 84 mo****Local decision-making, rate-match guarantee, 90-day no payments, e-sign convenience, GAP & warranty options**✅ Yes
## What to Expect: The Car Loan Refinance Process from Start to Finish
Refinancing your auto loan with Discovery FCU is a smooth process, especially compared to the initial purchase and financing experience. Here’s what you can expect, broken down into easy-to-follow steps.
### Step 1: Get Pre-Qualified
Before you fully apply, you can contact Discovery FCU to get **pre-qualified**. This involves a soft credit pull and a review of your basic loan and vehicle info. It won’t impact your credit score and gives you an idea of whether refinancing is worth it.
- **What you’ll need**: estimated remaining balance, original loan details, vehicle year/make/model/VIN, income level, credit estimate.
### Step 2: Complete the Loan Application
You can apply online, over the phone, or in person. Discovery FCU’s online application is fast, secure, and available 24/7.
- **Documents required**:
- Current loan statement (with payoff amount)
- Vehicle registration
- Valid photo ID
- Proof of insurance (with Discovery listed as lienholder)
- Recent pay stub or proof of income
If you’re applying with a co-borrower or co-signer, their information will also be needed.
### Step 3: Approval & Offer
Once your application is submitted, Discovery’s loan team reviews it, often within **1–2 business days**. If you qualify, they’ll send your refinance offer, including:
- New loan amount
- Interest rate (APR)
- Monthly payment amount
- Any optional add-ons (GAP, extended warranty, etc.)
- Required signatures and title transfer info
Discovery FCU also supports **electronic signatures**, so you can complete most of the process from home.
### Step 4: Payoff & Title Transfer
Discovery pays off your current loan with your existing lender and arranges for the title to be transferred into their name as the new lienholder. They’ll handle this paperwork for you, and the $25 title fee can be rolled into your loan.
### Step 5: Make No Payments for 90 Days (Optional)
Once the refinance is finalized, you’ll have the option to **skip your first three months of payments**. This 90-day delay is a helpful cushion, especially during tight financial times. (Keep in mind that interest still accrues during this period.)
### Step 6: Begin Monthly Payments
After the deferral period (if you choose it), monthly payments begin. You can manage your loan with Discovery’s:
- Online banking platform
- Mobile app
- Auto pay and recurring transfers
- In-branch services if needed
The entire process is designed to be efficient, transparent, and stress-free. 👉 [Start your application for refinancing now.](https://discoveryfcu.org/auto/)
## Member Perks That Add Real Value
Discovery FCU doesn’t just offer great rates; they’ve packed their auto refinance program with valuable extras that boost your financial protection and convenience.
### GAP Insurance – $325 One-Time Fee
GAP (Guaranteed Asset Protection) insurance covers the difference between what you owe and what your car is worth if it’s totaled or stolen.
- **Example**: You owe $16,000, but your insurance payout is only $13,000 after an accident. GAP covers that $3,000 “gap.”
- Without GAP, you’d be responsible for the shortfall.
**Why it matters**: Vehicles depreciate quickly, especially in the first 1–2 years. GAP protects you from owing money on a car you can’t drive anymore.
### Extended Warranty – Intercontinental Warranty Services (IWS)
Discovery FCU partners with **IWS** to provide extended warranties on vehicles up to 12 years old and 125,000 miles.
Coverage may include:
- Powertrain and mechanical systems
- Towing and emergency roadside service
- Trip interruption coverage
- Key fob and tire replacement
- Car rental reimbursement
**Cost savings**: Members often pay up to **50% less** than they would at a dealership for the same warranty coverage.
**Bonus**: Even if you don’t refinance, you may still qualify for IWS coverage through Discovery.
### Skip-a-Pay Program
Available to eligible borrowers in good standing, this feature lets you **skip a loan payment**, typically once per 12-month period. Visit our [skip-a-payment page](https://discoveryfcu.org/skip-payment/) for details and disclosures.
- Helpful for seasonal budgeting (e.g., holidays, vacation planning, school expenses)
- Keeps your loan in good standing while preserving cash flow
- Easy to request through the mobile app or with a quick form
### TruStage Insurance Discounts
Discovery partners with **TruStage Insurance** to offer discounted car and home insurance to members.
- Compare real-time quotes online
- Special pricing not available to the general public
- Can bundle home and auto for even more savings
With these benefits, refinancing with Discovery FCU becomes more than just swapping loans — it’s a full-service membership.
## Frequently Asked Questions (FAQs) About Auto Refinancing
#### How soon can I refinance after buying a car?
Some lenders require a 3–6 month waiting period, but Discovery FCU often allows refinancing **as soon as your title and loan are finalized**. This could be just a few weeks after purchase.
#### Does refinancing hurt my credit?
Applying for a loan may result in a **small, temporary dip** in your credit score due to the hard inquiry. However, over time, refinancing can **improve** your score if it lowers your utilization and payment consistency remains strong.
#### Can I refinance with bad credit?
Yes, it’s possible. Discovery FCU reviews multiple factors beyond just your FICO score, such as your employment, income, debt-to-income ratio, and loan-to-value of your vehicle.
#### Can I refinance a leased vehicle?
No. Lease agreements are separate from auto loans and typically can’t be refinanced. However, once the lease ends and you buy the car, that loan *can* be refinanced.
#### What kinds of vehicles are eligible?
**Discovery typically refinances:**
- Passenger vehicles (cars, SUVs, trucks)
- 9 or newer preferred for best rates
- Vehicles up to 10–12 years old (for warranty/GAP eligibility)
- Commercial vehicles, motorcycles, RVs may be eligible but subject to special terms
#### Will I need to visit a branch?
Not necessarily. Discovery offers **e-signatures** and online applications. The process can often be done entirely remotely, including document uploads and approval.
## Common Mistakes to Avoid When Refinancing
Refinancing can save you money, but only when done thoughtfully. **Watch out for these common pitfalls:**
### ✅ Refinancing for a longer term than necessary
Stretching out a loan too long (e.g., 84 months) may lower your monthly payments, but you’ll pay more interest over time. Only choose extended terms if you absolutely need the payment relief.
### ✅ Ignoring total interest paid
Focus on both the APR and total amount repaid over the loan life. A slightly lower monthly payment may not be worth it if it extends your term unnecessarily.
### ✅ Overpaying for add-ons
GAP, warranties, and insurance are helpful, but shop and compare prices. Discovery FCU offers highly competitive pricing, but you should always confirm coverage and terms.
### ✅ Failing to check your credit first
Your credit score affects your rate significantly. Use a free service (like Credit Karma or your bank) to check your score before applying. You can also ask Discovery about pre-qualification with a soft credit pull.
### ✅ Not comparing multiple lenders
While Discovery FCU has an excellent program, it’s smart to compare rates and terms with 2–3 lenders. This also gives you leverage when asking for a rate match.
## Refinance with Confidence in Berks County
If you’re reading this and thinking, *Maybe it’s time to check my auto loan,* you’re probably right.
Refinancing doesn’t need to be stressful or time-consuming. In fact, with the right partner, it can be empowering.
**Discovery FCU makes the process easy for Berks County drivers:**
✅ Competitive rates ([Click here for current auto loan rates](https://discoveryfcu.org/auto/))
✅ 90-day payment deferral available
✅ Rate match guarantee. Certain restrictions apply. 0% financing is not eligible for this offer.
✅ Local, personalized service
✅ Online convenience + in-person support
✅ Powerful member perks (GAP, IWS warranty, skip-a-pay, and more)
Whether you’re trying to **lower your payment**, **reduce your interest**, or **get out of a high-rate loan**, refinancing could be the smartest move you make all year.
## Ready to Refinance Your Auto Loan?
Visit[ Discovery FCU’s Auto Loan Page](https://discoveryfcu.org/auto/?utm_source=chatgpt.com) to start your application or contact their team to explore your refinance options.
It’s easy, it’s local, and it could save you thousands.
**Discovery Federal Credit Union** — Proudly serving Berks County since 1959.
Your goals are possible here.
[Start My Application](https://discoveryfcu.org/auto/?utm_source=chatgpt.com)
**Categories:** Financial Education, Products & Services, Uncategorized
**Tags:** auto refinance, auto refinance loan, auto refinancing, refinance a car loan, refinancing a car loan
---
### [Annual Coat Drive Success](https://discoveryfcu.org/news/annual-coat-drive-success/)
**Published:** October 30, 2025
**Author:** Abby Showalter
**Content:**
**Discovery FCU Hosts Another Successful Annual Coat Drive to Benefit Teens & Adults Struggling with Addiction.**
Discovery Federal Credit Union teams up with the [Pennsylvania Adult & Teen Challenge](https://www.paatc.org/) and the [Naaman Network](https://naamannet.org/) to raise awareness and spread warmth.
From September 15th to October 3rd, Discovery FCU hosted a coat drive with the Pennsylvania Adult & Teen Challenge (PAATC) and the Naaman Network, who treat individuals who suffer from Addiction Disorders. All over the state, individuals come to PAATC with little to no personal belongings- including appropriate clothing to stay warm in brutal winter months. These coats offer the individuals at PAATC some comfort as they work toward their recovery.
“As a credit union that prides itself on meeting people where they are, this coat drive offers us the ability to reach out to a community that may be overlooked by some. It also allows us to make a direct and lasting impact locally while also reaching out to every part of the state,” Said Michele Smith, President/CEO of Discovery Federal Credit Union.
Members and employees alike donated warm coats and winter gear for the residents of PAATC treatment centers. The [coat drive](https://discoveryfcu.org/news/charity-coat-drive/) was so successful, the original end date was pushed back a week, allowing donations until the beginning of October. This year, Discovery FCU was able to collect over 50 coats, so many that multiple trips were made to collect them all.
**Categories:** Active in our Community
---
### [Are Credit Unions Better than Banks? Learn about the Benefits and YOU Decide!](https://discoveryfcu.org/news/are-credit-unions-better-than-banks/)
**Published:** June 5, 2023
**Author:** ironcore
**Content:**
When it comes to banking, there are two main options: credit unions and banks. Both offer a variety of financial products and services, but there are some key differences between the two. If you are considering a membership with a credit union, you may have a few questions: Are credit unions better than banks? What is the difference between a credit union and a bank? What are the benefits of a credit union? What does it mean to be a credit union member?
In this article, we will discuss the answers to these questions so you can make the best decision for your personal financial needs. Please keep in mind that our [member service representatives](https://discoveryfcu.org/connect/contact/) are here to answer any questions you may have.
## Difference Between Credit Unions and Banks
A **Credit Union** is a financial institution that is member-owned and insured by the [National Credit Union Association](https://ncua.gov/) (NCUA). [Credit unions are not-for-profit](https://mycreditunion.gov/about-credit-unions/credit-union-different-than-a-bank), which means that any profits they make are returned to the members in the form of lower fees and higher interest rates. Credit unions also serve a smaller, more defined clientele base – sharing a community focus and personalized service toward that community. This can be based on location, employment, occupation, or membership within an organization. For instance, [Discovery FCU serves all of Berks County, PA](https://discoveryfcu.org/connect/join/). Anyone (and their immediate family) who lives, works, worships, or attends school in Berks County is eligible to join.
Conversely, a **Bank** is a financial institution that is owned by shareholders and insured by the [Federal Deposit Insurance Corporation](https://www.fdic.gov/) (FDIC). [Banks are for-profit](https://fortune.com/recommends/banking/credit-union-vs-bank/#Banksvs.creditunions), meaning their primary goal is to make money for their shareholders. Because of this, banks often have higher fees for their customers, compared to credit unions.
## Benefits of a Credit Union
There are several[ benefits to using a credit union,](https://mycreditunion.gov/about-credit-unions/credit-union-different-than-a-bank) including:
1. 1. **Member-owned:** Credit unions are member-owned, providing them equal part ownership as well as voting rights for elected board members. Even more, credit unions share profits with members.
2. **Lower fees:** Credit unions often have lower fees than banks because they do not have to pay dividends to shareholders.
3. **Higher interest rates:** Credit unions typically offer higher interest rates on savings accounts and lower interest rates on loans than banks due to lower bank expenses.
4. **More personalized service:** Credit unions tend to have a more personal touch than banks because they serve a smaller clientele, of which are members
5. **Community involvement:** Credit unions are leaders of their communities. They are actively involved in volunteering and fundraising for local organizations.
## Are Credit Unions Better than Banks?
Whether or not credit unions are better than banks depends on your individual needs and preferences. If you are looking for lower fees, higher interest rates, and more personalized service, then a credit union may be a better option for you.
Ultimately, the best way to decide which type of financial institution is right for you is to compare your options and choose the one that offers the best features and benefits for your needs.
So, how do you decide which is right for you? Here are a few things to consider:
- **Your financial needs**: What are your financial goals? Credit unions provide financial counseling and planning services for all stages of life. Whether you are starting a youth savings account or planning for your retirement, Discovery FCU offers a broad range of products to fit your needs. Additionally, [Financial Wellness](https://discoveryfcu.org/financial-wellness/) counseling is also available to members.
- **Your location:** With today’s busy lifestyles, you definitely want access to your money, wherever you go. On the surface, some banks may seem to have more locations than credit unions, but that can be deceiving. With vast [ATM](https://discoveryfcu.org/resources/location_hours/) networks and shared branches, you have increased access to your money outside of a traditional branch. Many credit unions offer [shared branching](https://discoveryfcu.org/connect/shared-branching/), which allows you to complete transactions at other partner credit unions.
- **Your preferences**: Do you prefer a more personal touch or a wider range of products and services? A credit union provides both! Credit unions offer a high level of member service and a wide range of financial services that stack up to any bank.
## Become a Member of Discovery FCU!
You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. [Become a member](https://discoveryfcu.org/connect/join/) today!
Credit union members have free access to [over 55,000 ATMs](https://discoveryfcu.org/resources/location-hours/) nationwide and [shared branching at over 5,000 credit unions](https://discoveryfcu.org/connect/shared-branching/) for extra convenience. Discovery FCU has a full line of online services, including our [digital app](https://discoveryfcu.org/news/discover-better-card-management/).
Discovery Federal Credit Union puts YOU, the member first – always! [Join Discovery FCU today](https://discoveryfcu.org/connect/join/) and take advantage of all of our member benefits. We look forward to serving you!
**Categories:** News
---
### [What Are the Requirements to Join a Credit Union?](https://discoveryfcu.org/news/requirements-to-join-a-credit-union/)
**Published:** June 23, 2020
**Author:** ironcore
**Content:**
So you’ve decided to seek out a trustworthy institution to handle all of your financial needs. Congrats! The road to better organization of how you save, spend, and borrow is on the horizon. But with various banks and credit unions in your area offering an array of benefits and perks, it may be difficult to narrow down the right institution for you. While major banks might be popping up on every corner in your neighborhood, considering a local credit union could be a highly advantageous choice for your financial needs.
## What Is a Credit Union?
Unlike banks, credit unions are made up of members rather than customers. While the process of growing financially with a bank and a credit union is similar, the end goals are different. A bank’s primary loyalty belongs to its shareholders, whereas a credit union’s “owners” are the members themselves. What would be deemed as a profit at a typical banking institution is actually used to serve members of a credit union, allowing for better rates and flexibility within the community of its members.
## What Are the Requirements to Join a Credit Union?
While the requirements to join a credit union varies on a case-by-case basis, a commonality between members is typically shared. This could include anything from location to employer or school. When credit unions were first formed, the primary goal was to serve communities bonded together through a shared church, labor union, etc. that were not provided with equal service from local banks. Today, most credit unions deliver membership based on location.
## Strengthen Your Financial Wellness with Discovery Federal Credit Union
At Discovery Federal Credit Union, our members come first. The strength of our community and the satisfaction of our members are what allow us to return earnings in the form of lower rates, fewer fees, and higher rates on deposits. Discovery FCU is located in Wyomissing, Pennsylvania, and you can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. Learn more about the perks of [banking with Discovery Federal Credit Union](https://discoveryfcu.org/connect/join/) and become a member today.
**Categories:** News
---
### [Welcome New Business Development Manager](https://discoveryfcu.org/news/welcome-new-business-development-manager/)
**Published:** October 16, 2024
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union is excited to announce the appointment of Josh Oswald as the new Business Development Manager. In this role, Josh will lead initiatives to build stronger community partnerships, enhance member engagement, and drive business growth throughout Berks County.
Josh brings extensive experience in sales, client relations, and business growth strategies. His proven track record in cultivating relationships and executing successful business development programs makes him a valuable asset to the team at Discovery FCU.
“We are thrilled to welcome Josh to our leadership team,” said Michele Smith, CEO of Discovery Federal Credit Union. “His energy, expertise, and vision align perfectly with our mission of delivering individualized financial solutions to local businesses and expanding our footprint in the community.”
Josh Oswald expressed his excitement about the new role: “I’m eager to join the dedicated team at Discovery Federal Credit Union. I look forward to helping grow our local business membership and contributing to the positive impact the credit union has on our community.”
**Categories:** News
---
### [Recognizing and Avoiding Scams](https://discoveryfcu.org/news/recognizing-and-avoiding-scams/)
**Published:** December 22, 2021
**Author:** Marketing
**Content:**
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 or bank account. Phishing can take many forms, including emails, texts, and even fake websites. Often, you’ll get an email or text informing you that there’s been a problem with your account or offering you a great deal from a company you know and trust.
Do not click on these links or enter your information. Navigate to a separate browser or even use a different device to go to the official website and review your account or check out the offer. Do not enter any of your information into a pop-up or when prompted by an email.
**Threatening Impersonations**
Similar to phishing, scammers can also try to intimidate you into paying them by pretending to be a person in power. That could mean impersonating someone from the IRS, a debt collector, or anyone who demands you pay them immediately.
The IRS will never call you and ask you to pay. If you get a call claiming someone is from the IRS, hang up, and reach out to an official IRS channel to confirm if there is really a problem. You can find ways to contact the IRS at IRS.gov. When it comes to debt collection, you don’t have to take the person at their word either. You can research the collector and send a Debt Validation Letter.
**Scams Targeting Seniors**
Unfortunately, seniors are often the group targeted most aggressively by scammers. This means that they need to be extra cautious when answering the phone or browsing the internet and vigilant about keeping their information and money protected. One tactic that scammers can use is to claim to be or represent a family member or loved one that’s in trouble and needs money for an emergency. Seniors and anyone else who receives a call or email like this should always confirm the legitimacy of the cry for help before doing anything.
**Malware or Ransomware**
Some scams will install malware or ransomware on your device if you click on a link. That means that your device could be infected with a virus that steals your information or forces you to pay in order to get access to your files again. These links can come from popups, ads, posts on social media, emails, or even messages from the accounts of friends or family that have been hacked.
You should always be wary of clicking on any link that someone sends you unprompted, particularly if they use extremely generic language or don’t sound like themselves. If you do click on such a link and fear your device has been infected, you should have your antivirus software run a scan immediately and take any actions it suggests.
**Affinity Fraud**
Affinity fraud occurs when a dishonest person plays on someone’s affiliation with a group, such as a religious congregation, alumni association, support group, or social club, as a way to win his or her confidence. The goal is usually selling something, convincing someone to make a fake or inappropriate investment, or tricking a victim into handing over important information. The scammer may be an actual member of the group (even someone the intended victim knows or likes) or just pretend to be.
No matter who the person on the other end of the line is or claims to be, you should always be weary before giving them money or information. If they claim to represent the group and you want to support them, it’s often best to do so through official channels like their website to ensure that the money gets to the people you want to help rather than a scammer.
**When You Encounter a Scammer**
If you’re contacted by a scammer, the best thing you can do is simply ignore them—don’t answer their calls, delete their emails, and navigate away from a sketchy-looking site. You should never give anyone information or send them money until you are sure that they are legitimate. If you’ve been contacted by a scammer, you can also report them to the FTC to help stop them from reaching out to you or others.
If you’ve sent money to someone you believe is a scammer, it’s best to act as soon as possible. Cancel the card, call your bank or credit union to inform them you believe your account information has been stolen, or reach out to an administrator or helpline for the account. If the scammer has your sensitive information, such as your social security number, this site from the FTC can help you know what to do next: .
Scammers are constantly changing and refining their attempts to take your money or information, to learn more about the recent scams that have been reported and to see more tips for keeping yourself safe, you can visit the FTC’s website: .
**Categories:** News
---
### [Ready to Buy a Car? Here’s Why Your Credit Union Should Be Step One.](https://discoveryfcu.org/news/ready-to-buy-a-car-heres-why-your-credit-union-should-be-step-one/)
**Published:** December 4, 2024
**Author:** Abby Showalter
**Content:**
Buying a car is one of life’s big milestones, and we get it—you’re ready to hit the road in style. But before you fall for that shiny beauty at the dealership, there’s one thing every smart shopper should do first: get pre-approved for an [auto loan](https://discoveryfcu.org/auto/) at Discovery Federal Credit Union.
Here’s how starting with us puts you in the fast lane to savings, confidence, and total control of your car-buying experience.
**1. Lock in the Best Deal Before You Shop**
Think of pre-approval as your financial superpower. By getting pre-approved for an auto loan, you’ll know exactly how much you can afford and what your loan terms will look like—all before you even start shopping.
With this in your back pocket, you can focus on negotiating the price of your car, not the dealership’s financing terms. Bonus: You’ll walk in looking like a pro, and they’ll know you mean business.
**2. Score Lower Rates That Save You Big**
Why pay more when you can pay less? At Discovery FCU, we’re here to help you afford life. That’s why we offer some of the most competitive auto loan [rates](https://discoveryfcu.org/rates/) around—lower than most dealerships and for-profit banks.
Lower rates = lower monthly payments = more room in your budget for road trip snacks or an improved car stereo system.
**3. No Hidden Surprises, Just Smooth Sailing**
Unlike some financing options, we keep it real. We make clear up front that there is a title secured loan processing fee of $25, but there are no sneaky fees or confusing fine print—just clear, straightforward loan terms that let you plan confidently.
When you finance through us, you’ll know exactly what you’re signing up for, so there’s no need to worry about surprise twists in the financing road.
**4. Save Time and Drive Away Happy**
Let’s be honest: No one likes sitting around haggling over financing at the dealership. Pre-approval from Discovery FCU lets you skip the awkward back-and-forth, so you can zero in on your dream car and drive away faster.
Our process is quick, easy, and designed to give you the green light to shop stress-free.
**5. Shop Like a Boss—Anywhere You Want**
A [pre-approval](https://discoveryfcu.ecutechnology.com/LoansX/Selection) gives you freedom. Whether you’re buying from a big-name dealer, a local lot, or even a private seller, your pre-approval from Discovery Federal Credit Union is as flexible as you need it to be.
**Your First Step to the Fast Lane**
Ready to make your car-buying journey smooth and stress-free? Here’s how to get started:
1\. **Check Your Credit:** Understanding your credit score can help you anticipate rates.
2\. **Apply:** [Submit your application online](https://discoveryfcu.ecutechnology.com/LoansX/Selection) or [visit us in person](https://discoveryfcu.org/resources/location-hours/).
3\. **Get Pre-Approved:** Know your loan terms upfront.
4\. **Start Shopping:** Hit the lot with confidence and get the keys to your dream car.
**The Road to Savings Starts Here**
Starting your car-buying journey with Discovery FCU is more than a smart move—it’s the move. With [competitive rates](https://discoveryfcu.org/rates/), hassle-free [pre-approvals](https://discoveryfcu.ecutechnology.com/LoansX/Selection), and a team that’s here to help you achieve your goals, we’re your ultimate co-pilot.
[Click here to get pre-approved today](https://discoveryfcu.ecutechnology.com/LoansX/Selection) and take the wheel with confidence. Your dream ride is just around the corner, and we’ll help you get there!
**Categories:** Products & Services
---
### [Beware of Counterfeit Discovery FCU Checks Circulating](https://discoveryfcu.org/news/beware-of-counterfeit-discovery-fcu-checks-circulating/)
**Published:** April 18, 2022
**Author:** Marketing
**Content:**
### **Beware of Counterfeit Discovery FCU Checks Circulating**
Don’t become a victim of check fraud and always err on the side of caution when something doesn’t feel right or seems too good to be true. Recently, Discovery FCU has identified and stopped several fraudulent Discovery FCU Official Checks; these were counterfeit checks that were circulating nationwide. **You should take time to verify any Credit Union check that you receive before trying to use that check.** Attempting to deposit or otherwise using a fraudulent check could result in a personal financial loss.
- ****If you receive a Discovery FCU labeled Official Check that may be suspect, please call the credit union at 610.372.8010 for assistance.****
- If you receive an unsolicited check either through FedEx, UPS, or US Priority Mail from an unknown person, you should be suspicious. Use extreme caution in using such items, as they are usually counterfeit.
- If you sold something on the Internet, beware of payment by a fake check. Never wire ‘excess funds’ back to an unknown buyer for any reason. If you receive any check for more than the final purchase price of any item, it is a suspect check and should be verified before attempting to use it.
- If you receive one of these counterfeit items, please file a report with the [US Federal Trade Commission](https://reportfraud.ftc.gov/) (). If you received the check in the mail, report it to the[ United States Postal Inspection Service](https://www.uspis.gov/report). ().
**Categories:** News
---
### [International Credit Union Day 2024](https://discoveryfcu.org/news/international-credit-union-day-2024/)
**Published:** October 29, 2024
**Author:** Abby Showalter
**Content:**
In celebration of International Credit Union Day on October 17, Discovery Federal Credit Union reinforced its commitment to the cooperative principle of “Concern for Community” with a $2,000 donation to Breast Cancer Support Services (BCSS) of Berks County. As a not-for-profit financial cooperative, Discovery FCU strives to make a positive impact on its members and the local community, a mission that was at the heart of this donation and event.
International Credit Union Day is observed annually by credit unions worldwide to recognize the unique role they play in improving financial well-being and strengthening communities. Discovery FCU commemorated the day by welcoming BCSS representatives to its Wyomissing branch, where they shared valuable information with members about local support resources for those affected by breast cancer. Members enjoyed a festive atmosphere, complete with complimentary hot dogs and a prize wheel, bringing the community together in a spirit of celebration and solidarity.
“Our cooperative structure allows us to prioritize community needs, and International Credit Union Day was a wonderful occasion to demonstrate that commitment,” said Michele Smith, CEO of Discovery Federal Credit Union. “Partnering with BCSS aligns with our mission to support the well-being of our community, and we are honored to help further their work here in Berks County.”
**About Breast Cancer Support Services of Berks County** Breast Cancer Support Services of Berks County is a nonprofit organization providing hope, information, and support to individuals and families affected by breast cancer in Berks County. BCSS offers a range of services designed to help those impacted by breast cancer navigate their journey with confidence and community support. For more information, visit [www.bcssberks.org](http://www.bcssberks.org/).
**Categories:** Active in our Community, News
---
### [Discovery FCU Donates $2,000 to Support Berks County Veterans](https://discoveryfcu.org/news/discovery-fcu-donates-2000-to-support-berks-county-veterans/)
**Published:** December 18, 2024
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union proudly announced a $2,000 donation to the Berks County Veterans Temporary Assistance Program, managed by the Department of Veterans Affairs. This critical program is dedicated to helping local veterans in Berks County who have fallen on hard times by providing immediate financial assistance to prevent homelessness and address urgent needs such as food, transportation, and housing stability.
The Berks County Veterans Temporary Assistance Program exclusively serves veterans within Berks County. All funds remain within the local community, with no administrative fees or fund maintenance costs, ensuring every dollar directly benefits those who need it most. By addressing emergency situations with swift action, the program serves as a vital lifeline for local veterans.
Jennifer Merkel, Discovery Federal Credit Union Branch Manager, presented the $2,000 donation to Lt. Col. Jay Ostrich, USAF, Director of the Berks County VA, and CW2 Will E. Tobin, US Army (Ret), Deputy Director of the Berks County VA. The contribution reflects Discovery Federal Credit Union’s strong commitment to supporting veterans and strengthening the community.
“As a community-chartered credit union, we are proud to serve only Berks County,” said Jennifer Merkel. “We love that this program keeps every dollar within our local area to support the veterans who live here. Beyond this donation, we are committed to raising awareness about the program through our social media channels and promoting it to our membership and the surrounding community.”
Discovery Federal Credit Union’s donation highlights the organization’s ongoing mission to uplift and support the Berks County community. By contributing to this essential fund, the credit union is helping veterans overcome challenges and achieve stability during difficult times.
To learn more about Discovery Federal Credit Union’s community initiatives, visit [www.discoveryfcu.org](http://www.discoveryfcu.org). To donate to the Berks County Veterans Temporary Assistance Program, please mail a check made out to Berks County Veterans Affairs at 20 Commerce Drive, Wyomissing, PA 19610.
**Categories:** Active in our Community
---
### [Take Action](https://discoveryfcu.org/news/take-action/)
**Published:** April 7, 2025
**Author:** Abby Showalter
**Content:**
**A tax on credit unions is a tax on its members.**
On a federal level, lawmakers are discussing eliminating the credit union tax exemption status, which is a direct threat to you as a member owner. The credit union tax exemption status is at risk, and we are asking you to help us advocate.
Credit unions are not-for-profit financial cooperatives that exist to serve YOU, our members, rather than to benefit for-profit shareholders. Because we are owned by our members and governed by a volunteer board of directors, credit unions receive a tax exemption from the federal government. This exemption status has always allowed us to be able to give back to our member-owners with benefits such as lower loan rates, higher deposit rates and fewer fees, rather than distributing profits to for-profit shareholders, as banks do. Congress has returned to their home districts from Washington D.C. this week, and it is critical that they hear from you while they are in your home district – before they return to Washington D.C.
**Here’s how you can help:**
[Please visit this site to take action!](https://www.donttaxmycreditunion.org/#take-action) Simply click on the red “Take Action” button in the top right corner, fill in your contact information and click on the red “Send Message” button at the bottom of the page. You have the option to add in your own story if you would like to personalize the message.
Thank you for your attention to this urgent issue and for exercising your voice as a member-owner. With your support, we will continue to do all that we can to best serve our members, associates and communities.
**Categories:** News
---
### [Green Banking](https://discoveryfcu.org/news/green-banking/)
**Published:** July 9, 2025
**Author:** Abby Showalter
**Content:**
Every dollar you spend—or save—can make a difference. From where you bank to how you spend, small changes can lead to big results for our planet. Let’s take a look at how you can make greener financial choices without complicating your life.
**Choose Eco-Friendly Financial Institutions**
Where you bank matters. Financial institutions can either support sustainable practices or invest in industries that contribute to environmental harm. At Discovery Federal Credit Union, we’re committed to supporting responsible practices that benefit our members and our community.
**Look for:**
- Credit unions with local impact and community values
- Institutions that offer paperless, digital services
- Commitment to reducing environmental footprint
**Go Paperless**
[**Digital banking**](https://discoveryfcu.org/upgrade/) isn’t just convenient…it’s eco-friendly too! Cutting down on paper waste is one of the easiest ways to go green. You can:
- Sign up for eStatements
- Use online/mobile banking instead of printed receipts
These small choices add up to a big difference over time.
**Be Mindful About Your Spending**
Spending wisely can also support a greener planet. Consider:
- Supporting local and sustainable businesses
- Choosing durable or reusable products over disposable ones
- Avoiding impulse purchases that contribute to waste
Making intentional choices is better for both your wallet and the environment.
**“Green” Your Commute and Your Banking Errands**
With [mobile banking, online transfers, and remote check deposit,](https://discoveryfcu.org/upgrade/) you can skip extra trips to the branch. That means:
- Fewer car rides = reduced carbon footprint
- Saving time while still staying on top of your finances
If you do visit the branch, try carpooling, biking, or combining errands into one trip to save energy.
At Discovery FCU, we offer paperless options, digital tools, and products designed to help you manage your money while supporting a healthier planet. Want to learn more about how to go green with your banking? [Give us a call at 610-372-8010 or stop by today.](https://discoveryfcu.org/resources/location-hours/)
**Categories:** Financial Education
---
### [Retirement Planning: When and How to Start](https://discoveryfcu.org/news/retirement-planning-when-and-how-to-start/)
**Published:** June 27, 2025
**Author:** Abby Showalter
**Content:**
When it comes to retirement planning, the best time to start is *now.* Whether you’re fresh out of college, mid-career, or nearing retirement, it’s never too early **or too late** to take steps toward securing your financial future.
**Why Start Early?**
Starting early allows you to take advantage of compound interest. This means your money earns interest, and over time, that interest earns interest too. The earlier you start, the more your savings can grow over time, even if you’re contributing smaller amounts.
**How to Get Started**
1. **Set Clear Goals:** Think about the lifestyle you want in retirement. What’s important to you? Do you plan to travel? Downsize your home? These defined goals will help you determine how much you’ll need to live comfortably during your retirement years.
2. **Build a Budget:** Take inventory of your income and expenses to help you identify how much you can save each month without stretching your current finances too thin.
3. **Open a Retirement Account:** Consider options like a 401(k) if your employer offers one, or an IRA if you’re saving independently. A flexible[ Traditional or Roth IRA from Discovery FCU](https://discoveryfcu.org/save/traditional-roth-iras/) is also a great way to supplement an employer-sponsored plan.
4. **Automate Your Savings:** Set up automatic transfers to your retirement account to ensure consistency in your savings journey. Treating this transfer as you would another bill payment, could prove to be a good strategy that can help you stay on track towards reaching your savings goal.
5. **Review Regularly:** Life changes, and so do your financial needs. Review your retirement plan annually to make adjustments as needed. Some years you may be able to increase the amount you’re contributing towards retirement and others you may have to scale back to meet life’s demands.
No matter where you are in your journey, retirement planning doesn’t have to be overwhelming. At Discovery Federal Credit Union, we’re here to help guide you in the right direction. Just give us a call at 610-372-8010 or [stop by](https://discoveryfcu.org/resources/location-hours/) to speak to one of our knowledgeable team members.
**Categories:** Financial Education
---
### [Protecting Your Identity: Best Practices for Keeping Your Accounts Safe](https://discoveryfcu.org/news/protecting-your-identity-best-practices-for-keeping-your-accounts-safe/)
**Published:** March 18, 2025
**Author:** Abby Showalter
**Content:**
Let’s face it—no one wants to deal with identity theft. It’s like inviting a raccoon into your house and hoping it won’t make a mess (spoiler alert: it will). But don’t worry! Keeping your personal and financial info safe doesn’t have to be a chore. With a few smart habits, you can lock down your accounts like a pro. And hey, we at Discovery Federal Credit Union have your back!
**Ways to Stay Secure**
1. **Get Creative with Your Passwords.** Forget “password123” (seriously, just don’t). Instead, think of a favorite quote, mix in some numbers and symbols, and boom—you’ve got yourself a digital fortress. Bonus points if you use a password manager to keep track of them!
2. **Double Up with Two-Factor Authentication (2FA).** This is like having a VIP bouncer for your accounts. Even if a sneaky hacker gets your password, 2FA adds an extra step to keep them out.
3. **Keep an Eye on Your Accounts.** Checking your statements should be as routine as checking your social media (but with fewer cat videos). Set up alerts so you’ll know if anything fishy happens.
4. **Beware of Tricky Emails and Texts.** If you get an email saying you’ve won a million dollars, sorry—it’s probably a scam. If a message asks for your personal info, be suspicious and don’t click on shady links.
5. **Update Your Devices Like a Pro.** Think of software updates like vaccinations for your phone and computer. They keep security bugs away! Stay up to date, and you’ll stay safer.
6. **Say No to Public Wi-Fi.** Free Wi-Fi is great for streaming, but not for logging into your bank account. If you must, use a VPN to keep your info under wraps.
7. **Shred It and Forget It.** Identity thieves love dumpster diving. Shred those old bank statements and documents before tossing them out.
**We’ve Got Your Back!** At Discovery Federal Credit Union, we take security seriously—so you don’t have to stress. If something doesn’t seem right, give us a call at **610-372-8010** or [stop by our branch](https://discoveryfcu.org/resources/location-hours/). We’re here to help keep your finances safe, sound, and secure!
**Categories:** Financial Education, News
---
### [Discovery FCU Supports Animal Rescue League with Donation & Adoption Day](https://discoveryfcu.org/news/discovery-fcu-supports-animal-rescue-league-with-donation-adoption-day/)
**Published:** February 24, 2025
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union is pleased to announce its support of the [Animal Rescue League (ARL)](https://berksarl.org/) of Berks County with a donation drive and a special adoption day event scheduled for March 21. This initiative is part of the credit union’s commitment to making a positive impact in the community, while also giving back to an organization that’s close to the hearts of Discovery employees.
The donation drive will begin immediately, with Discovery Federal Credit Union encouraging its members, employees, and the community to contribute basic supplies needed by the ARL. These everyday items help keep a safe, clean environment for the animals in the shelter. Items on the ARL’s Wishlist include:
- Paper Towels
- Bleach
- Liquid Laundry Detergent
- Tissues
- Dish Soap
- Yellow, Pink, Blue Highlighters
- Pens (Black & Blue Ink)
- Vinyl Gloves
- Sticky Notes
- 8.5 x 11 Copy Paper
- Toilet Paper
- Masking Tape
- 17″ x 24″ Pee Pads
- Dye-Free Soft Dog Treats
- Purina Kitten Chow
- Fancy Feast Kitten Canned Food (Chicken or Turkey)
In addition to the donation drive, Discovery Federal Credit Union is excited to sponsor an Adoption Day on March 21, giving community members the chance to meet and adopt animals from the ARL. This event, which will be held at the ARL in Birdsboro, offers a wonderful opportunity for families and individuals to bring home a new furry friend while supporting the ARL’s ongoing mission to rescue, care for, and find forever homes for pets in need
As a member-focused financial institution, Discovery Federal Credit Union prides itself on its involvement in the local community. Each year, the credit union holds a vote among employees to determine which charitable organization will receive support for the year. This year, the Animal Rescue League of Berks County emerged as the clear first choice, thanks to its significant impact in the area and the emotional connection many employees share with the organization’s mission.
“We are thrilled to support the Animal Rescue League of Berks County,” said Discovery Federal Credit Union CEO, Michele Smith. “Our employees have a deep affection for the work that the ARL does, and we are excited to make a difference in the lives of the animals and families in our community. We encourage everyone to join us in supporting this cause, whether through donations or by considering adopting a pet on March 21.”
The ARL’s ongoing need for these essential supplies is a vital part of their operations, and the public’s participation will help them continue providing care and comfort to animals awaiting their forever homes.
For more information about the ARL, visit
**Categories:** Active in our Community
---
### [Key FAFSA Changes for 2025 You Need to Know](https://discoveryfcu.org/news/key-fafsa-changes-for-2025-you-need-to-know/)
**Published:** March 3, 2025
**Author:** Abby Showalter
**Content:**
The Free Application for Federal Student Aid (FAFSA) has undergone significant changes for the 2025–2026 academic year, aiming to simplify the financial aid process for students and their families. Understanding these updates is crucial for a smooth application experience and to maximize potential aid.
**Key Changes to the 2025–2026 FAFSA**
1. **Delayed Release Date**: Traditionally available on October 1, the 2025–2026 FAFSA form was released on or before December 1, 2024. This delay was implemented to address previous technical issues and ensure a more user-friendly application process. ([marketwatch.com](https://www.marketwatch.com/story/the-fafsa-form-will-open-late-again-this-year-feds-say-the-delay-can-help-prevent-more-glitches-ab39d1b6?utm_source=chatgpt.com))
2. **Simplified Application**: The FAFSA form has been streamlined, reducing the number of questions from 108 to 46. This change aims to make the application more accessible and less time-consuming for applicants. ([utsnyc.edu](https://utsnyc.edu/admissions/financial-aid/fafsa-changes-2024-2025/?utm_source=chatgpt.com))
3. **Terminology Update**: The term “Expected Family Contribution” (EFC) has been replaced with “Student Aid Index” (SAI). This shift provides a clearer understanding of a student’s financial aid eligibility. ([financialaid.sfsu.edu](https://financialaid.sfsu.edu/2024-2025-fafsa-changes?utm_source=chatgpt.com))
4. **Expanded College Listing**: Students can now list up to 20 colleges and universities on their FAFSA, an increase from the previous limit of 10. This allows for greater flexibility in the application process. ([wilkes.edu](https://www.wilkes.edu/admissions/financial-aid/fafsa/2024-25-changes.aspx?utm_source=chatgpt.com))
5. **Enhanced IRS Data Retrieval**: The updated FAFSA offers improved integration with IRS systems, allowing for more accurate and efficient transfer of tax information, thereby reducing errors and the need for manual data entry. ([vox.com](https://www.vox.com/even-better/23977937/fafsa-changes-2024-2025-federal-student-aid-college?utm_source=chatgpt.com))
**Tips for a Smooth FAFSA Application Process**
- **Create an FSA ID Early**: Both students and parents should establish their Federal Student Aid (FSA) IDs beforehand to expedite the application process.
- **Gather Necessary Documents**: Have Social Security numbers, federal income tax returns, W-2 forms, and records of untaxed income ready to ensure accurate information submission.
- **Utilize IRS Data Retrieval Tool**: This tool simplifies the process by directly importing tax information into the FAFSA, minimizing errors.
- **Meet Deadlines**: While the federal deadline for the 2025–2026 FAFSA is June 30, 2026, individual states and institutions may have earlier deadlines. It’s essential to verify and adhere to these dates to maximize aid eligibility.
For Pennsylvania residents applying for the 2025–2026 academic year, it’s crucial to be aware of specific FAFSA submission deadlines to maximize financial aid opportunities:
- **May 1, 2025**: This is the deadline for most applicants, including those attending four-year colleges, universities, and college transfer programs (excluding community colleges). Submitting your FAFSA by this date ensures consideration for the Pennsylvania State Grant. ([scholarships360.org](https://scholarships360.org/financial-aid/fafsa-deadline/?utm_source=chatgpt.com))
- **August 1, 2025**: This deadline applies to students enrolling in community colleges, business, trade, technical schools, hospital schools of nursing, non-transferable two-year programs, or any designated Pennsylvania open-admission institutions. ([scholarships360.org](https://scholarships360.org/financial-aid/fafsa-deadline/?utm_source=chatgpt.com))
Meeting these state-specific deadlines is essential for eligibility for state financial aid programs. Additionally, individual colleges and universities may have their own priority deadlines for institutional aid. For example, Penn State recommends new students complete the FAFSA by February 15, 2025, and currently enrolled students by April 15, 2025, to be considered for federal, state, and university funding.
To ensure you don’t miss out on any financial aid opportunities, it’s advisable to submit your FAFSA as early as possible and consult with your institution’s financial aid office for specific deadlines and requirements.
**Addressing Funding Gaps with Discovery Federal Credit Union**
Despite federal aid, students often encounter funding shortfalls for their educational expenses. Discovery Federal Credit Union offers private education lines of credit through their Student Choice program to help bridge this gap responsibly. ([discoveryfcu.studentchoice.org](https://discoveryfcu.studentchoice.org/?utm_source=chatgpt.com))
**Features of Discovery FCU’s Student Choice Private Loans**:
- **Competitive Rates**: Enjoy lower interest rates compared to traditional private loans.
- **Flexible Repayment Options**: Benefit from various repayment plans tailored to your financial situation.
- **No Origination Fees**: Avoid additional costs, making borrowing more affordable.
- **Easy Online Application**: The application process is straightforward and can be completed online for convenience.
For more details on how Discovery FCU can assist in financing your education, visit their Student Lending Center.
Staying informed about FAFSA changes and exploring supplementary funding options like those offered by Discovery Federal Credit Union can significantly ease the financial aspects of your educational journey.
**Categories:** Financial Education, News
---
### [Discovery FCU Offers Free Financial Literacy Site to Opportunity House](https://discoveryfcu.org/news/discovery-fcu-offers-free-financial-literacy-site-to-opportunity-house/)
**Published:** February 10, 2025
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union is proud to announce its support for [Opportunity House](https://opphouse.org/) through the creation of a free custom financial literacy website in partnership with [Banzai](https://discovery.banzai.org/wellness). This online resource provides valuable financial education tools for both adults and children, helping them build a strong financial foundation while working toward financial stability.
“We are committed to empowering individuals and families in our community with the financial knowledge they need to succeed,” said Michele Smith, CEO of Discovery Federal Credit Union. “Through our partnership with Banzai, we are excited to provide Opportunity House with a powerful resource that supports their mission of helping people get back on their feet.”
The website offers interactive courses, articles, and calculators designed to teach essential financial skills, such as budgeting, saving, and credit management. This initiative aligns with Discovery Federal Credit Union’s commitment to financial education and community support.
Tatiana Cardona, Director of The Second Street Learning Center at Opportunity House, emphasized the impact of this resource, stating, “Giving children and families the support they need to thrive during the most important years of their lives.”
Opportunity House is dedicated to helping individuals and families break the cycle of homelessness and achieve self-sufficiency. By providing access to financial education, Discovery Federal Credit Union aims to give Opportunity House clients the tools they need to make informed financial decisions and work towards a more secure future.
**Categories:** Active in our Community, Financial Education, Products & Services
---
### [Discovery FCU’s Josh Oswald Appointed to ProBerco Board of Directors](https://discoveryfcu.org/news/discovery-fcus-josh-oswald-appointed-to-proberco-board-of-directors/)
**Published:** February 3, 2025
**Author:** Abby Showalter
**Content:**
At Discovery Federal Credit Union, community impact is at the core of everything we do. That’s why we are thrilled to announce that our Business Development Manager, Josh Oswald, has been appointed to a two-year term on the Board of Directors of [ProBerco](https://www.proberco.org/), a local nonprofit organization based in Reading, PA.
**About ProBerco**
Founded in 1977, ProBerco provides a variety of innovative services to enrich the lives of individuals with disabilities and their families. These include:
- Community participation and living programs
- Employment opportunities
- Family support services
ProBerco’s vision is to build an inclusive community where everyone can live the life of their choice. Through its guiding principles of accountability, communication, and trust, the organization is making a lasting impact on the lives of people in Berks County.
**A Shared Commitment to Community Impact**
Josh’s appointment to ProBerco’s Board reflects his dedication to creating positive change. As Josh said, “I’m honored to join ProBerco’s Board of Directors and support its mission. Discovery Federal Credit Union and ProBerco share the same goal: strengthening our community and fostering inclusivity for all.”
Jody Wagner, ProBerco’s CEO, shared her excitement for this partnership, stating, “Josh’s commitment to our mission and community engagement will play a vital role in advancing our efforts.”
**Partnering for Inclusion**
We’re proud to support Josh as he takes on this important role. At Discovery FCU, we believe in the power of community and are committed to making a difference through meaningful partnerships like this one.
For more information about ProBerco, visit [www.proberco.org](http://www.proberco.org).
**Categories:** Active in our Community, News
---
### [Financial Planning for Major Life Events](https://discoveryfcu.org/news/financial-planning-for-major-life-events/)
**Published:** January 30, 2025
**Author:** Abby Showalter
**Content:**
Life is full of significant moments—buying a home, starting a family, sending kids to college, or planning for retirement. These major life events often bring exciting opportunities, but they also come with financial challenges that require careful planning. At Discovery FCU, we’re committed to helping you navigate these milestones with confidence and financial security. Whether you’re anticipating a big life change or adapting to a new chapter, solid financial planning will help you stay in control and reach your goals.
**Why Financial Planning Matters for Life’s Big Moments**
Each major life event has a unique impact on your finances. Having a solid financial plan ensures that you’re prepared for both expected and unexpected costs. Planning ahead allows you to manage your money effectively, so you’re not blindsided by the financial demands that often accompany life’s milestones. When you plan, you reduce stress and create financial stability, enabling you to focus on enjoying these exciting moments.
**Major Life Events That Require Financial Planning**
Let’s take a closer look at some common life events that benefit from careful financial planning and the steps you can take to manage each one wisely.
1. **Buying a Home.** Purchasing a home is one of the biggest financial commitments you’ll make. To prepare, start by:
- **Saving for a Down Payment**: Aim to save at least 20% of the home’s purchase price to avoid private mortgage insurance (PMI) and secure better loan terms.
- **Assessing Your Budget**: Make sure your monthly mortgage payment fits comfortably within your budget. Remember to account for other homeownership costs, such as property taxes, insurance, maintenance, and utilities.
- [**Get Pre-Approved**](https://discoveryfcu.mymortgageapps.org/discoveryfcu): A mortgage pre-approval gives you a clear understanding of how much home you can afford and strengthens your position with sellers. At Discovery Federal Credit Union, we offer **fixed-rate mortgages**, **adjustable-rate mortgages**, **FHA and VA options,** and more to fit your home-buying needs.
- **Building an Emergency Fund**: Homeownership comes with unexpected expenses—whether it’s a leaky roof or a broken appliance. Having a healthy [emergency fund](https://discoveryfcu.org/save/basic-savings/) will help you manage these costs.
1. **Starting a Family.** Expanding your family is an exciting time, but it also comes with added financial responsibilities. Here’s how to plan:
- **Budget for Childcare and Medical Expenses**: Start by estimating the costs of prenatal care, childbirth, and ongoing childcare expenses. Health insurance and flexible spending accounts (FSAs) can help reduce some of these costs.
- **Build a Safety Net**: Consider increasing your [emergency fund](https://discoveryfcu.org/save/basic-savings/) to account for the additional family members and any unforeseen costs. A solid savings cushion can make the transition to parenthood less stressful.
- **Plan for Education**: While Discovery FCU does not offer 529 plans, it’s important to start saving for your child’s future education expenses. Consider setting up [**Money Market Accounts**](https://discoveryfcu.org/save/money-market/) or [**Share Certificates**](https://discoveryfcu.org/save/share-ira-certificates/) to grow your savings.
1. **Paying for College.** Education is a major investment, and planning ahead will help you manage the costs without taking on unnecessary debt. Steps to prepare include:
- **Apply for Financial Aid**: Make sure to explore scholarships, grants, and federal financial aid programs (FAFSA) to help reduce out-of-pocket costs.
- **Consider Private Student Loans**: If your savings and federal aid don’t cover all expenses, look into [**private student loans**](https://discoveryfcu.org/student-loans/) from Discovery for competitive rates and flexible repayment options.
1. **Getting Married.** Marriage brings both emotional and financial changes. Planning ahead ensures you and your partner are on the same page about finances. Consider these steps:
- **Set Joint Financial Goals**: Discuss your long-term financial goals as a couple, including saving for a home, retirement, or other big-ticket items.
- **Create a Budget Together**: Combining finances requires open communication and planning. Create a budget that accounts for both of your incomes, expenses, and financial goals.
- [**Update Important Documents**](https://discoveryfcu.org/estate-planning/): After getting married, update key documents such as insurance policies, beneficiaries on retirement accounts, and wills. Discovery FCU offers [**estate planning services**](https://discoveryfcu.org/estate-planning/) to help you protect your assets.
1. **Planning for Retirement.** Retirement is one of the most important life events to plan for, and the earlier you start, the better. To ensure you’re ready, follow these steps:
- **Save Consistently**: Maximize contributions to your 401(k) or IRA accounts. Consider increasing your savings rate over time to build a healthy nest egg. Discovery FCU offers a range of [**retirement savings products**](https://discoveryfcu.org/save/traditional-roth-iras/) to help you plan for the future.
- **Estimate Retirement Costs**: Calculate how much you’ll need to maintain your current lifestyle during retirement. Factor in healthcare costs, travel, and any other planned activities.
- **Diversify Investments**: Ensure your retirement savings are invested in a mix of assets that align with your risk tolerance and timeline. Discovery’s [**Money Market Accounts**](https://discoveryfcu.org/save/money-market/) and [**Share Certificates**](https://discoveryfcu.org/save/share-ira-certificates/) are great options for diversifying your savings.
- **Social Security Planning**: Understand how and when to claim Social Security benefits to maximize your retirement income.
**Financial Planning Tips for Every Life Stage**
No matter where you are in life, there are key financial principles that will help you stay on track:
- **Build an Emergency Fund**: Aim to save three to six months’ worth of living expenses to cover unexpected costs like job loss, medical emergencies, or major home repairs.
- **Reduce Debt**: Paying off high-interest debt, like credit card balances, frees up your finances and helps you save more for future goals.
- [**Review Insurance Coverage**](https://discoveryfcu.org/trustage-insurance/): Life insurance, disability insurance, and health insurance are critical components of financial planning. Make sure you’re adequately covered in case of unexpected events.
**How Discovery Federal Credit Union Can Help**
At Discovery Federal Credit Union, we offer a wide range of financial products and services to support you through every stage of your life. Whether you’re buying a home, saving for your child’s education, or planning for retirement, our team is here to provide personalized financial advice and solutions tailored to your needs. We also partner with [**GreenPath Financial Wellness**](https://discoveryfcu.org/financial-wellness/), offering free financial counseling and resources to help you navigate life’s financial challenges.
**Take Charge of Your Financial Future**
Whatever life stage you’re in, financial planning is the key to success. At Discovery Federal Credit Union, we’re here to help you build a plan that works for your unique goals and circumstances. Start today by [**scheduling a financial checkup**](https://discoveryfcu.org/appointment/) with one of our experts, or explore our online tools and resources to guide your journey.
**Categories:** Financial Education
---
### [New Year, New Financial You: How Debt Consolidation Can Help You Take Control in 2025](https://discoveryfcu.org/news/new-year-new-financial-you-how-debt-consolidation-can-help-you-take-control-in-2025/)
**Published:** January 30, 2025
**Author:** Abby Showalter
**Content:**
**Start the New Year Strong with Debt Consolidation**
The start of a new year is the perfect time to tackle your financial goals. If high-interest debt from credit cards, store accounts, or personal loans is holding you back, there’s a smarter way forward: debt consolidation.
At Discovery Federal Credit Union, we’re not just a financial institution—we’re your neighbors, [dedicated to helping members in Berks County](https://discoveryfcu.org/connect/about/) take control of their finances. With [lower rates](https://discoveryfcu.org/rates/), simplified payments, and a supportive team, paying off your debt can finally become a reality.
**What Is Debt Consolidation?**
Debt consolidation is the process of combining multiple debts—like credit card balances, store credit accounts, or high-interest personal loans—into one manageable loan with a lower interest rate. This approach:
- **Simplifies payments**: Manage one monthly payment instead of juggling multiple bills.
- **Reduces interest rates**: Save money by lowering the cost of borrowing.
- **Speeds up repayment**: Pay off debt faster by focusing more on the principal.
- **Relieves stress**: A clear plan brings peace of mind and financial confidence.
**Why High-Interest Debt Is So Hard to Pay Off**
Many credit cards—especially those from retail stores or big-box retailers—come with interest rates as high as 25-30%. When your payments only cover the interest or barely chip away at the principal, debt can feel impossible to escape.
Debt consolidation offers a way to break free by lowering your interest rate, so more of your payment goes toward the actual balance.
**How Debt Consolidation Can Help You Pay Off Debt**
By consolidating with a [personal loan](https://discoveryfcu.org/personal-loans/) from Discovery Federal Credit Union, you can:
1. **Save Money on Interest.** Replace high-interest debts with one loan at a lower rate, potentially saving thousands over time.
2. **Simplify Your Finances.** Streamline your monthly payments into one, predictable amount.
3. **Pay Off Debt Faster.** Lower interest means you can tackle your balance more effectively.
4. **Work with a Partner Who Cares.** As a credit union exclusively serving Berks County, we understand the unique challenges and opportunities in our community. Our team is committed to providing local expertise and personalized guidance to help you succeed.
**Why Choose Discovery Federal Credit Union?**
We’re not a big, impersonal institution. We’re rooted in Berks County, and our team lives and works right here in your community. That means when you come to us for help consolidating debt, you’re working with people who genuinely care about your financial well-being—and who are invested in your success.
**Ready to Get Started? Here’s How.**
1. **Take Stock of Your Debt.** List out all your current balances, interest rates, and monthly payments to get a full picture of where you stand.
2. **Talk to Our Team.** [Contact Discovery Federal Credit Union](https://discoveryfcu.org/connect/contact/) to explore your options. We’ll work with you to create a personalized plan that fits your needs. [You can even schedule an appointment online!](https://discoveryfcu.coconutcalendar.com/service)
3. **Consolidate and Simplify.** Use your new loan to pay off high-interest debts and enjoy the ease of one manageable payment.
**Your Path to Financial Freedom Starts Here**
Debt doesn’t have to define your year—or your future. At Discovery Federal Credit Union, we’re here to help you turn financial goals into reality with lower rates, tailored solutions, and the support of a trusted local partner.
**Let’s make 2025 the year you take control of your debt—and your future.**
[Contact Us Today](https://discoveryfcu.org/connect/contact/) to learn more about debt consolidation and how we can help you achieve financial freedom!
**Categories:** Financial Education, Products & Services
---
### [Certified Financial Counselors Ready to Assist You](https://discoveryfcu.org/news/certified-financial-counselors/)
**Published:** January 17, 2025
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union is proud to announce that over 40% of its employees have earned the prestigious Certified Credit Union Financial Counselor (CCUFC) designation through America’s Credit Unions®’ Financial Counseling Certification Program (FiCEP). This achievement reflects the credit union’s commitment to empowering its members with the tools and guidance from our financial counselors needed to make sound financial decisions in today’s challenging economic climate.
The CCUFC designation is a nationally recognized certification program that equips credit union employees with the knowledge and skills necessary to provide members with personalized financial counseling. These certified counselors are trained to assist members with budgeting, credit management, navigating major purchases, and overcoming financial struggles. The certification lasts for three years, ensuring that counselors maintain up-to-date knowledge to best serve their members
Whether you’re planning for a major purchase, tackling debt, or simply trying to save more in this time of rising costs, our **Certified Credit Union Financial Counselors (CCUFC)** are [here](https://discoveryfcu.org/connect/contact/) for you.
- **Jennifer Merkel** – Member Experience Manager
- **Taylor Krow** – Member Experience Advisor
- **Jennifer Pelker** – VP Member Experience
- **Kaley Freeman** – Member Experience Advisor
- **James Epler** – Senior Loan Officer
- **Jeanann Leary** – Contact Center Advisor
- **Linda Pestcoe** – Assistant Member Experience Manager
- **Heather Faller** – Digital Experience and Contact Center Manager
- **Jessica Espada** – Contact Center Advisor/Loan Administrator
“At Discovery Federal Credit Union, we understand that financial decisions can be daunting, especially when many Americans rely on advice from family and friends or navigate these challenges alone,” said Michele Smith, CEO of Discovery FCU. “Our Certified Credit Union Financial Counselors are here to change that, providing expert guidance and a trusted resource for our members.
In today’s uncertain economic environment, the need for financial expertise is greater than ever. With inflation and rising costs impacting families and individuals, Discovery’s counselors are prepared to assist members in creating realistic financial plans tailored to their unique needs
**Categories:** Financial Education, Products & Services
---
### [Building an Emergency Fund: Tips and Strategies](https://discoveryfcu.org/news/building-an-emergency-fund-tips-and-strategies/)
**Published:** December 27, 2024
**Author:** Abby Showalter
**Content:**
Life is full of surprises—some good, some not so much. Whether it’s an unexpected car repair, a medical bill, or a sudden job loss, having a financial cushion can make all the difference. That’s where an emergency fund comes in. An emergency fund is a [savings account](https://discoveryfcu.org/save/basic-savings/) specifically set aside to cover those unforeseen expenses, so you can handle life’s surprises without derailing your long-term financial goals. At Discovery Federal Credit Union, we’re committed to helping you build financial security, starting with a solid emergency fund.
**Why You Need an Emergency Fund**
An emergency fund is essential for your financial well-being. It provides peace of mind, knowing that you can cover unexpected costs without relying on high-interest credit cards or loans. Here are a few key reasons why building an emergency fund should be a top financial priority:
- **Protection from Debt**: Without savings, you may need to borrow money or use credit to cover emergencies, which can lead to debt and additional financial stress.
- **Financial Stability**: An emergency fund gives you breathing room, allowing you to manage unexpected expenses without dipping into your regular budget.
- **Peace of Mind**: Knowing you have money set aside for life’s surprises can reduce anxiety and help you focus on your long-term financial goals.
**How Much Should You Save?**
A common rule of thumb is to have at least **three to six months’ worth of living expenses** saved in your emergency fund. This may sound like a lot, but it’s important to aim for a cushion that can cover your essential costs, such as:
- Rent or mortgage payments
- Utilities and groceries
- Transportation costs (car payments, insurance, gas)
- Health insurance and medical expenses
- Any loan payments (student loans, auto loans, etc.)
If three to six months’ expenses feels overwhelming, don’t worry! Start small and build up over time. Even $500 to $1,000 can make a big difference when an emergency strikes.
**Steps to Build Your Emergency Fund**
Getting started with an emergency fund doesn’t have to be complicated. Follow these simple steps to grow your savings and create a safety net for the future:
1. **Start Small, Stay Consistent.** You don’t have to save everything at once. Begin with a small, manageable amount and contribute regularly. Whether it’s $20 a week or $100 a month, consistent deposits add up over time.
2. **Set a Savings Goal.** Determine how much you want to save for your emergency fund, and break it down into smaller, achievable milestones. For example, aim for $500 as your first goal, then $1,000, and keep going until you reach your ultimate target.
3. **Automate Your Savings.** The easiest way to grow your emergency fund is to automate it. Set up automatic transfers from your checking account to a separate savings account each payday. This way, you won’t even have to think about it—your savings will grow on autopilot.
4. **Reevaluate Your Monthly Expenses.** Take a look at your subscription services and other recurring payments to identify any you no longer use or could live without. By canceling those or finding more affordable alternatives, you can free up extra cash to build your emergency savings. Small adjustments like these can add up and make a significant difference over time.
5. **Use Windfalls Wisely.** Whenever you receive extra money, such as a tax refund, bonus, or birthday cash, consider putting some or all of it into your emergency fund. Windfalls are a great way to give your savings a boost without impacting your regular budget.
**Where to Keep Your Emergency Fund**
It’s important to keep your emergency fund in a **separate, easily accessible account**, such as a savings account, so you’re not tempted to dip into it for non-emergencies. Here at Discovery FCU, we offer [savings accounts](https://discoveryfcu.org/save/basic-savings/) with [competitive interest rate](https://discoveryfcu.org/rates/#savings)s, making it easy to grow your emergency fund while keeping it safe.
Make sure the account you choose allows for quick access to your funds when you need them, but not so easy that you’ll be tempted to withdraw money for non-urgent expenses. Avoid tying up your emergency savings in long-term investments or accounts with withdrawal penalties.
**When to Use Your Emergency Fund**
Your emergency fund should only be used for true emergencies—unexpected events that significantly impact your financial stability. Here are a few examples of when it’s appropriate to tap into your emergency savings:
- **Job Loss**: If you lose your job or experience a sudden drop in income, your emergency fund can help cover your living expenses until you get back on your feet.
- **Medical Emergencies**: If you or a family member face an unexpected medical issue or expense, your fund can cover medical bills and prescription costs.
- **Urgent Home Repairs**: Issues like a broken furnace or a leaking roof need immediate attention, and your emergency fund can cover these essential repairs without breaking the bank.
- **Car Repairs**: If your car breaks down or needs a major repair, your emergency fund can save you from relying on a credit card or loan.
**Growing Your Emergency Fund Over Time**
Once you’ve established an emergency fund, don’t stop there. Keep contributing regularly to ensure your fund grows with your needs. Life changes, and so do your financial obligations—whether it’s a new job, a bigger home, or a growing family, make sure your emergency fund is always up to date.
**Take the First Step Today**
At Discovery Federal Credit Union, we’re here to help you build and protect your financial future. We offer a variety of [savings accounts](https://discoveryfcu.org/save/basic-savings/) designed to help you grow your emergency fund and provide the financial guidance you need to stay on track.
Building an emergency fund is one of the best ways to safeguard your financial future. Whether you’re just getting started or looking to grow your existing savings, we’re here to help. [Open a savings account today](https://discoveryfcu.ecutechnology.com/MembershipX/Agreements) and start taking control of your financial security.
**Categories:** Financial Education
---
### [Spreading Holiday Cheer with Gift Donations to Opportunity House Families](https://discoveryfcu.org/news/spreading-holiday-cheer-with-gift-donations-to-opportunity-house-families/)
**Published:** December 20, 2024
**Author:** Abby Showalter
**Content:**
**Discovery Federal Credit Union Spreads Holiday Cheer with Gift Donations to Opportunity House Families**
Discovery Federal Credit Union is proud to announce the successful completion of its annual Angel Tree gift-giving campaign, supporting two local families through [Opportunity House](https://opphouse.org/). The campaign, which invites members to take tags from the Angel Tree and return the corresponding gifts, has become a cherished tradition that brings the community together to brighten the holidays for those in need.
This year, Discovery Federal Credit Union adopted two families to provide them with holiday gifts. The first family is a grandparent-led household, consisting of two grandparents and their three grandchildren. After being evicted from their home, the family is currently staying at the Opportunity House. The second family includes a single mother and her three children. Although the mother has recently found part-time work, she is still actively searching for a full-time job to stabilize her family’s future.
These families’ stories highlight the importance of community support during challenging times. Discovery’s Angel Tree campaign, combined with the generosity of their members, helped raise 75 gifts, each one carefully chosen to fulfill the specific needs and wants of the families. In addition to the gifts, over $100 in monetary donations were raised to further assist these families in rebuilding their lives.
“We are truly grateful to our members for their overwhelming support of this campaign,” said Michele Smith, President/CEO at Discovery Federal Credit Union. “Thanks to their generosity, we’ve been able to make the holidays brighter for these families. It’s a testament to the power of community and the impact we can have when we come together to support one another. We are living the credit union motto of people helping people”.
Discovery Federal Credit Union would like to extend a heartfelt thank you to all the members who participated in making this year’s campaign a tremendous success. Your kindness and generosity are making a real difference in the lives of those who need it most.
**Categories:** Active in our Community
---
### [Thank You](https://discoveryfcu.org/news/thank-you/)
**Published:** November 27, 2024
**Author:** Abby Showalter
**Content:**
Happy Holidays to all of our members and friends from the community. We want to extend a warm thank you for all of your support this year. We can’t wait to see what the future holds for 2025. Please enjoy this short message of thanks.
**Categories:** News
---
### [Charity Coat Drive](https://discoveryfcu.org/news/charity-coat-drive/)
**Published:** November 18, 2024
**Author:** Abby Showalter
**Content:**
**Discovery Federal Credit Union Hosts Coat Drive to Support Pennsylvania Adult & Teen Challenge and Naaman**
Discovery Federal Credit Union is proud to announce a successful coat drive in support of Pennsylvania Adult & Teen Challenge (PAATC) and Naaman, organizations dedicated to providing comprehensive substance use disorder treatment programs. The drive aimed to collect warm coats to help clients of these programs stay comfortable during their recovery journey, many of whom arrive at the facilities with few or no personal belongings.
The coats collected will support individuals at PAATC’s campuses in Rehrersburg, PA, and Western Pennsylvania, where the programs are known for their highly regarded residential treatment services. Rosemarie Sullivan Sandman, Advancement Coordinator of PAATC, expressed her gratitude, saying, “We truly appreciate what you and your team have done to help our clients stay warm.”
Discovery Federal Credit Union members and staff showed overwhelming support, embodying the credit union’s commitment to the principle of “People Helping People.” Michele Smith, President/CEO of Discovery Federal Credit Union, shared her appreciation, “This coat drive is a wonderful reflection of our mission to serve and uplift our community. It’s heartwarming to see the generosity of our members and staff coming together to support individuals on their recovery journey. We thank everyone who contributed to making this effort a success.”
Discovery Federal Credit Union invites the community to continue supporting meaningful initiatives like this, helping to create positive change in the lives of those who need it most. This December the credit union will be hosting an Angel Tree Gift Drive in support of families at Opportunity House. Everyone is invited to stop by the branch, located at 2744 Century Blvd., Wyomissing, PA 19610, for a tag starting November 22.
**About Discovery Federal Credit Union** Discovery Federal Credit Union is a member-owned, not-for-profit financial institution located in Wyomissing, PA, serving members throughout Berks County. Since its founding, Discovery FCU has remained dedicated to delivering personalized service and financial solutions that meet the needs of individuals, families, and businesses. For more information on Discovery FCU, please visit [www.discoveryfcu.org](http://www.discoveryfcu.org) or call 610.372.8010.
**About Pennsylvania Adult & Teen Challenge and Naaman** Pennsylvania [Adult & Teen Challenge](https://www.paatc.org/) and [Naaman](https://naamancenter.com/) provide faith-based, comprehensive substance use disorder treatment programs for men and women. Their highly regarded residential treatment centers offer hope and healing for those in need, serving individuals across their Rehrersburg and Western Pennsylvania campuses.
**Categories:** Active in our Community
---
### [The Basics of Budgeting](https://discoveryfcu.org/news/the-basics-of-budgeting/)
**Published:** November 14, 2024
**Author:** Abby Showalter
**Content:**
Managing your money can sometimes feel like a juggling act, but with the right tools and strategies, it becomes second nature. Whether you’re saving for a big goal, paying off debt, or simply trying to stretch your paycheck, budgeting is the foundation for financial success. At Discovery Federal Credit Union, we’re committed to helping you navigate your financial journey with confidence. Let’s explore the basics of budgeting and how to make your money work for you.
### **Why Budgeting Matters**
A budget isn’t just about restricting your spending—it’s a plan that gives you control over your finances. When you create a budget, you’re deciding how to allocate your income toward your needs, wants, savings, and goals. This helps reduce financial stress, ensures you’re living within your means, and puts you on a path to achieving your financial dreams.
### **Building a Simple Budget in 4 Steps**
You don’t need complicated spreadsheets to get started with budgeting. In fact, the simpler, the better! Here’s a quick breakdown of the steps you can take to create a budget that works for you:
1. **Track Your Income.** Begin by figuring out exactly how much money you bring in each month. This includes your regular paycheck, side gigs, or any other sources of income. Knowing your total income gives you a clear idea of what you’re working with.
2. **Identify Your Expenses.** Next, list all your monthly expenses. Break them down into two categories:
- **Fixed expenses**: These are regular costs like rent, car payments, and insurance that stay the same each month.
- **Variable expenses**: These change monthly, such as groceries, entertainment, or gas. Pro Tip: Review your financial institution/credit card statements to identify all recurring costs and ensure you’re not missing anything.
1. **Set Financial Goals.** After tracking your income and expenses, it’s time to think about your goals. [Are you saving for a vacation, building an emergency fund, or paying down debt](https://discoveryfcu.org/save/basic-savings/)? Prioritize your goals and assign a portion of your income to them each month. This is your opportunity to decide where you want your money to go, instead of wondering where it went.
2. **Adjust and Refine.** Budgeting isn’t a once-and-done deal. It’s important to review your budget regularly to make sure it’s still working for you. If you notice you’re spending too much in one category, make adjustments. Similarly, if your income changes, be sure to revise your budget to reflect that.
### **Budgeting Tools to Make Life Easier**
You don’t have to do it all manually! Here are a few ways Discovery Federal Credit Union can help you stay on track:
- **Online and Mobile Banking Tools**: [Our banking tools](https://discoveryfcu.org/upgrade/) make it easy to track your expenses, monitor your account balances, and set spending alerts.
- **Budgeting Apps**: Use budgeting apps like [Fudget](https://www.fudget.com/) or [RealBudget](https://realbudget.litapplications.com/) to automate the process and get real-time insights into your spending patterns. Easily connect apps like these to your Discovery FCU account(s).
- **Financial Counseling**: Take advantage of [personalized financial counseling](https://discoveryfcu.org/financial-wellness/) through our partnership with GreenPath Financial Wellness. Our experts can help you create a budget, manage debt, and achieve your financial goals.
### **The 50/30/20 Rule: A Simple Budgeting Strategy**
One of the easiest ways to structure your budget is by using the 50/30/20 rule:
- **50% for Needs**: Allocate 50% of your income to essentials, such as housing, groceries, utilities, and transportation.
- **30% for Wants**: Set aside 30% for non-essential expenses like dining out, hobbies, and entertainment. This is your fun money—*just be mindful of overspending!*
- **20% for Savings & Debt Repayment**: The remaining 20% should go toward savings, investments, and paying off debt. Whether it’s contributing to an emergency fund or accelerating your student loan payments, this category is key to financial growth.
### **Tips to Stick to Your Budget**
Once you’ve set up your budget, sticking to it can be the challenge. Here are some quick tips to keep you on track:
- **Automate Your Savings**: Set up automatic transfers from your [checking account](https://discoveryfcu.org/checking/) to your [savings account](https://discoveryfcu.org/save/basic-savings/) each payday. That way, you’re saving without even thinking about it.
- **Cut Back on Impulse Purchases**: Give yourself 24 hours before making non-essential purchases. Often, you’ll find that what seemed like a must-have can wait or isn’t needed after all.
- **Review and Revise**: Life happens—unexpected expenses can arise, or income may fluctuate. Check in with your budget regularly and make necessary adjustments to keep it balanced.
### **Budgeting: Your Path to Financial Freedom**
At Discovery Federal Credit Union, we believe that financial empowerment starts with mastering the basics, and budgeting is a key part of that journey. When you create and stick to a budget, you’re taking control of your financial future. It’s not about limiting your lifestyle but about making intentional decisions to support the life you want.
Ready to get started? Explore our range of financial tools, services, and resources designed to help you succeed. From budgeting tips to [financial counseling](https://discoveryfcu.org/financial-wellness/), we’re here to guide you every step of the way.
**Categories:** Financial Education
---
### [How to Get Rid of Debt and Improve Your Financial Health](https://discoveryfcu.org/news/how-to-get-rid-of-debt-and-improve-your-financial-health/)
**Published:** March 4, 2020
**Author:** ironcore
**Content:**
When it comes to spring cleaning, the first step is evaluating what needs to be tidied up. With finances, it’s important to assess the possible “mess” you may have made with your debt. Just like you break out that rarely-used broom for spring cleaning, paying off debt means it’s time to revisit that budget you set up for yourself. Depending on the amount of debt you have racked up and unexpected costs you may have encountered, it’s likely that your budget could use some recalculating. A budget is a necessary tool for anyone looking to reach financial security, and paying off debt is almost impossible without a strategy for future spending.
We all have a debt of some form, like credit cards, loans, or a mortgage. While debt is necessary for good financial health, too much debt can get out of control very quickly and create chaos in your financial well-being.
To get rid of debt, it is important to understand your [debt-to-income ratio](/resources/calculators/) or DTI. The calculation adds up your outstanding debt and divides it by your gross income. A good goal for DTI is to be below 36 percent. When your DTI is low, it shows lenders you can handle financial obligations.
OK, so you’ve mapped out how to reduce future costs and avoid encountering new debt. But how can you reduce the debt you’re dealing with *now*? While it may be impossible to take care of all your debt by the time spring comes to a close, a few financial strategies can help you at least create a dent in your overall balance. Take a look at these three easy ways to spring clean your debt:
## Pay a Little More
Paying more than the monthly minimum requirements is a smart way to start chipping off your overall debt. In fact, every dollar you pay over the minimum payment requirement goes directly toward the principal of your loan. Just a few dollars more each month can make your debt disappear faster and may improve your credit score in the process. [*Calculate your payoff.*](/resources/calculators/)
## Consolidate Debt
A quick and efficient way to get out of debt is to consolidate high-interest loans with something like a personal loan. With a lower fixed rate and an easy application process, personal loans can help you achieve financial health and debt relief. By combining all your outstanding high-interest debt into one monthly payment, you can focus on one payment with a much lower annual percentage rate or APR. Whether your goal is to pay off debt while saving money on interest or you just want to get rid of overall debt faster, consolidating is a responsible step towards financial security. [*Apply for a personal loan.*](/borrow/personal-loans/)
## Transfer a Balance
If you carry a balance on a high-interest credit card, consider a balance transfer to a new credit card with a better rate. This strategy can help you avoid those monthly payments that never seem to reduce the balance. In turn, you will be able to pay off debt faster because payments will go towards your bill instead of those high-interest fees. [*Transfer a balance.*](/borrow/credit-cards/)
When you know how to get rid of debt, you take control of your financial freedom. Let Discovery FCU assist you by providing services and advice for your financial future. Not yet a member? [*Join Today!*](https://o3-discoveryfcu.ecutechnology.com/Membership)
**Categories:** News
---
### [Understanding Mortgages](https://discoveryfcu.org/news/understanding-mortgages/)
**Published:** October 16, 2024
**Author:** Abby Showalter
**Content:**
Embarking on the journey of buying a home is a major milestone and a path toward securing your dreams and building a stable future. Understanding mortgages is a big part of that. At Discovery Federal Credit Union, we’re dedicated to guiding you through this significant decision by providing the necessary education, support, and resources to help you choose the best mortgage for your unique needs.
**Why Your Choice of Mortgage Matters**
Selecting the right mortgage is vital—it can save you thousands of dollars and greatly influence your financial stability and flexibility. This decision affects not just your finances today, but also your financial health in the long run.
**Types of Mortgages Offered at Discovery FCU**
[We offer a range of mortgage options](https://discoveryfcu.mymortgageapps.org/discoveryfcu) to meet the diverse needs of our community. Here’s how we tailor our services to help you afford life, one home at a time:
- **Fixed-Rate Mortgages**: Best for those who value predictability. Enjoy the peace of mind that comes from a fixed interest rate and monthly payments that will never change throughout the life of your loan.
- **Adjustable-Rate Mortgages (ARMs)**: Ideal for those expecting to move or refinance shortly. ARMs usually provide lower initial rates, which means potential savings early in your mortgage term.
- **Jumbo Loans**: For financing that surpasses conventional loan limits, our jumbo loans can help you purchase a more expensive property without compromising on your home-buying needs.
**How to Choose the Right Mortgage for You**
1. **Assess Your Financial Health**: Begin by evaluating your financial situation, including income, debts, credit score, and future goals. Our lending team is ready to assist you in mapping out your options.
2. **Consider Your Long-Term Goals**: Think about how long you expect to live in your new home. This will influence whether a fixed-rate or adjustable-rate mortgage suits your plans.
3. **Understand the Costs**: Familiarize yourself with the fees associated with your mortgage, such as closing costs and origination fees. Knowing these can help you budget more effectively.
4. **Get Pre-Approved**: [Secure pre-approval](https://discoveryfcu.mymortgageapps.org/start) to understand how much you can afford and demonstrate your seriousness to sellers. We provide guidance to make the pre-approval process as straightforward as possible.
**Join Our Community**
[We encourage you to connect with us](https://discoveryfcu.coconutcalendar.com/service) and explore more about your mortgage options and take proactive steps towards homeownership. Your financial well-being is our top priority, and we aim to equip you with the knowledge and tools necessary for informed decision-making.
**Categories:** Financial Education
---
### [Celebrate International Credit Union Day with Discovery FCU!](https://discoveryfcu.org/news/celebrate-international-credit-union-day-with-discovery-fcu/)
**Published:** October 11, 2024
**Author:** Abby Showalter
**Content:**
Join us at Discovery Federal Credit Union on Thursday, October 17, 2024, from 10:30 AM to 2:30 PM as we celebrate International Credit Union Day! We’re excited to mark this special occasion with free hot dogs and a fun prize wheel in our lobby.
In recognition of October being Breast Cancer Awareness Month, we are proud to welcome guests from the local [Breast Cancer Support Services of Berks County](https://www.bcssberks.org/). As part of our commitment to “People helping people”—a core value of the credit union movement—Discovery FCU will make a donation to support their important work.
Stop by, enjoy some food, spin the prize wheel, and help us give back to the community! We look forward to seeing you there!
**Categories:** Active in our Community
---
### [Hidden Savings: Commonly Overlooked Tax Deductions](https://discoveryfcu.org/news/hidden-savings-commonly-overlooked-tax-deductions/)
**Published:** February 23, 2024
**Author:** Abby Showalter
**Content:**
*By GreenPath Financial Wellness*
Tax filing [deadlines](https://www.consumerfinance.gov/consumer-tools/guide-to-filing-your-taxes/) are approaching…have you filed yet? To lessen the anxiety of the season, take this opportunity to explore overlooked deductions that can help lower your tax bill. While most people are aware of popular deductions like mortgage interest and charitable contributions, there are several lesser-known categories that can help you save.
**Child and Dependent Care**
Did you pay for childcare while working or job hunting? If so, you likely meet the criteria. Typically, your child must be 12 or younger and considered your dependent. This credit also applies if you’re paying someone to care for a spouse or dependent (irrespective of their age) if they are incapable of self-care. In most instances, you’ll need to acquire the care provider’s social security number or taxpayer identification number and include it on your return.
**State Sales Tax**
If you live in a state without income tax, or if you’ve made significant purchases like a vehicle or boat, you may be able to deduct state sales tax on your federal return. This can be especially advantageous for residents of states like Texas or Florida, where there is no state income tax, but substantial sales tax may be incurred on large purchases.
**Job Searching**
Hunting for a new job? Related expenses may be tax-deductible. Costs such as resume preparation, travel expenses for job interviews, and even fees paid to employment agencies can be claimed as deductions. While there are limitations and criteria to meet, exploring this deduction can ease the financial burden that accompanies unemployment.
**Medical Expenses & Health Savings Accounts (HSAs)**
Besides the obvious healthcare costs, travel expenses to and from appointments, medically justified home improvements and even some alternative treatments may be deductible. Contributions made to your HSA are also eligible for tax deductions. Not only do the funds in your account grow tax-free when used for qualified health care expenses, but your contributions can also help lower your overall tax liability.
**Student Loan Interest Paid by Others**
There are instances where parents or others contribute to the repayment of a student loan. In these cases, if the individual is not claimed as a dependent on someone else’s tax return—and is legally obligated to repay the loan—they can still benefit from the tax deduction for the interest paid by others. This gives a valuable opportunity to families or benefactors assisting with educational expenses to alleviate the burden of student loan interest.
**Home Office**
The IRS allows taxpayers to claim a portion of their home-related expenses, such as mortgage interest, property taxes, utilities, and even a percentage of rent. The deduction is calculated based on the percentage of the home used for business, offering a practical way for self-employed individuals and remote workers to recoup some of the expenses incurred while conducting business from the comfort of their homes.
**Educational Expenses**
Whether you’re enhancing your skills for your current job or investing in a new career path, some educational deductions can maximize your tax savings and help ease the financial strain. The Lifetime Learning Credit and the American Opportunity Credit are two valuable options. These credits cover qualified education expenses, including tuition, fees, and course materials.
**Energy-Efficient Home Improvements**
If you’ve invested in energy-efficient upgrades for your home, such as solar panels, energy-efficient windows, or a new HVAC system, you may be eligible for tax credits. The Residential Renewable Energy Tax Credit and the Non-Business Energy Property Tax Credit can provide substantial savings. Not only do these improvements help the planet, but they can also boost your tax refund.
Note that GreenPath Financial Wellness does not provide legal or tax advice, this information is intended for general guidelines only. Connect with your financial institution to see what tax resources they have available and check out these tips on how to allocate wisely if you’re receiving a tax refund this year:
*This article is shared by our partners at [GreenPath Financial Wellness](http://www.greenpath.com/discovery), a trusted national non-profit.*
**Categories:** News
---
### [Discovery FCU Celebrates Community Appreciation Month With Exciting Events and Generous Donation](https://discoveryfcu.org/news/discovery-fcu-celebrates-community-appreciation-month-with-exciting-events-and-generous-donation/)
**Published:** August 7, 2024
**Author:** Abby Showalter
**Content:**
## Discovery FCU Celebrates Community Appreciation Month With Exciting Events and Generous Donation
Discovery Federal Credit Union proudly hosted a Community Appreciation Month this July, packed with fun-filled events and activities to celebrate and give back to the Berks County community. Throughout the month, the credit union organized a series of events, including Free Ice Cream Day, a Shredding Event, and a Hot Dog Day featuring a Prize Wheel.
As part of their commitment to supporting local initiatives, Discovery FCU pledged to donate $20 to the Adalyn Rose Foundation for every new checking account or loan opened during July. The community responded with enthusiasm, and by the end of the month, Discovery FCU was able to donate a total of $2,100 to the foundation. The Adalyn Rose Foundation, a local nonprofit, provides comprehensive and continuous support to families grieving the loss of a child at any time during pregnancy, infancy, or early childhood. The foundation’s mission is to walk with families through every step of life after baby loss, from the first moments and all those that follow.
“This year we enthusiastically took the idea of ‘Member Appreciation Day’ and expanded it to invite the entire county for events throughout the month,” said Michele Smith, President/CEO of Discovery FCU. “Our Community Appreciation Month was a fantastic opportunity to show our gratitude to our members, meet new friends, and support a wonderful local organization like the [Adalyn Rose Foundation](https://adalynrose.org/).”
Discovery FCU, a community-chartered credit union, has been serving the Berks County area with dedication and pride for 65 years. Located in Wyomissing, PA, the credit union offers a wide range of financial services to meet the needs of its members. If you live, work, worship, or attend school in Berks County, you can become a member.
**Categories:** Active in our Community, News, Uncategorized
---
### [Financial Literacy for College Students: Managing Student Loans and Budgets](https://discoveryfcu.org/news/financial-literacy-for-college-students-managing-student-loans-and-budgets/)
**Published:** August 12, 2024
**Author:** Abby Showalter
**Content:**
Heading to college? You’re diving into an exciting chapter of life filled with new experiences, learning, and yes, some serious financial decisions like managing student loans and budgets. At Discovery Federal Credit Union, we’re here to empower you and make these financial challenges way less daunting.
## **Navigating Student Loans**
Student loans might feel overwhelming, but they’re also a stepping stone to your dreams. We’re here to simplify things. [Check out our private student loan options](https://discoveryfcu.studentchoice.org/)—designed with you in mind, offering flexibility and really helpful repayment options.
## **Managing Your Student Loans Like a Pro:**
1. **Understand Your Loans:** Get the lowdown on your loans—their types, rates, and how you’ll pay them back. Knowing what you owe is the first step in taking control.
2. **Plan Ahead:** Think about how you’ll tackle the repayments once you graduate. Starting to plan now can save you a ton of stress later.
3. **Stay Connected:** Keep your loan servicer in the loop if you move, change your phone number, or if paying back gets tough. They’re there to help, especially if you need to adjust your repayment plan.
## **Budgeting Isn’t Boring, It’s Smart**
Crafting a budget isn’t just a smart move—it’s your financial lifeline in college. It helps you manage your money so you can focus on your studies (and fun) without stressing over cash.
## **Building Your Budget:**
1. **Figure Out Your Expenses:** List everything you spend on, from tuition and books to late-night pizza runs. Being real about your spending is key.
2. **Know Your Income:** Include cash from part-time jobs, family support, or scholarships. Every bit counts!
3. **Save Some Cash:** Try to save a bit of your money each month. It’s your emergency fund for unexpected stuff like a laptop repair or a road trip.
4. **Leverage Tech Tools:** Use budgeting apps or our online banking tools to keep your spending in check. A little organization goes a long way.
## **Your Financial Journey Starts Here**
Joining Discovery Federal Credit Union means more than just opening an account. It’s about becoming part of a community that’s got your back. From easy-to-use banking tools to personalized advice, we’re here to ensure “Yes, We Can!” isn’t just a motto—it’s your reality.
## **Let’s Wrap It Up**
Taking charge of student loans and sticking to a budget might sound tough, but with the right tools and a supportive community, you’ve totally got this. Discovery Federal Credit Union is all about helping you manage your money—not just during college, but throughout life.
Hook up with us today, and let’s make those college years not just memorable but also financially sound. Here’s to making smart money moves and crushing your college goals! 🚀
**Categories:** Financial Education
---
### [Notice of Annual Meeting](https://discoveryfcu.org/news/notice-of-annual-meeting/)
**Published:** January 10, 2024
**Author:** Abby Showalter
**Content:**
**Notice is hereby given that the annual meeting of Discovery Federal Credit Union will be held at 2744 Century Blvd., Wyomissing, PA 19610 on Monday, March 25, 2024, at 4:30 pm.**
The meeting is held for the following purposes: (1) to elect two directors of the credit union; and (2) to transact any other business that may properly come before the meeting or any adjournment of the meeting.
Nomination for vacant positions may be made by petition. Petitions require signatures by 1% of the membership with a minimum of (20) signatures and a maximum of five-hundred (500). Discovery Federal Credit Union currently serves 8,673 members. If you would like to seek nomination by petition, please submit a signed certificate stating that you are agreeable to the nomination and will serve if elected. In addition, please include a biographical statement. The deadline for the petitions is February 9, 2024. (Petitioners have thirty (30) days to gather signatures and deadline is forty (40) days before the annual meeting.) Please note that no nominations will be accepted from the floor and there will be no balloting if there is only one nominee for each vacant position.
The nominations received from the Nominating Committee and from petition will be posted in the credit union’s branch at least thirty-five (35) days before the annual meeting.
Dated: January 10, 2024
By Order of the Board of Directors
Signed: Kevin Ezzell, Board Secretary
**Categories:** News, Uncategorized
---
### [Holiday Cards for Heroes](https://discoveryfcu.org/news/holiday-cards-for-heroes/)
**Published:** December 1, 2023
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union is thrilled to announce that we have partnered with the American Red Cross to provide holiday cards to local veterans, reservists, VA hospital patients, and National Guard members. This gives you the opportunity to be a bright spot in a hero’s holiday season.
**Get Involved – Three Ways to Help**
The [Berks County Chapter of the American Red Cross](https://www.redcross.org/local/pennsylvania/greater-pennsylvania/about-us/locations/pennsylvania-rivers.html) will be at our [branch in Wyomissing](https://discoveryfcu.org/resources/location_hours/) from 9 am to 12 pm on Friday, December 15.
You can participate by:
- Stopping by to fill out a card or two on December 15.
- Spending a half hour or more in our conference room with other volunteers filling out cards on December 15. (You must notify us in advance if you want to do this. Please email [marketing@discoveryfcu.org ](mailto:marketing@discoveryfcu.org)or see the sign-up sheet in the lobby)
- Dropping off a homemade card in our lobby before December 15 at noon.
**About the Program**
“Holiday Cards for Heroes” has been going on for many years, but participation dropped off during the COVID 19 pandemic and the Red Cross is focused on increasing involvement this year. All we need is your help writing cheerful messages in the cards and the Red Cross will take care of distribution.
**Are there restrictions and guidelines for cards?**
To make cards as meaningful as possible to a wide audience, we ask that the following guidelines be followed:
- Use generic titles such as “Dear Service Member, Veteran, Military Family Member.”
- The cards should express best wishes for the holiday season and avoid direct references or images highlighting a specific religion as the cards will be distributed widely.
- Cards should not contain glitter, or any other items glued or fastened to the cards. Some cards may end up at the bedside of a hospitalized current service member or veteran and the glitter could aggravate existing health issues.
**Happy Holidays**
We hope to see you on December 15!
**Categories:** Active in our Community
---
### [Angel Tree in support of Opportunity House](https://discoveryfcu.org/news/angel-tree-in-support-of-opportunity-house/)
**Published:** November 21, 2023
**Author:** Abby Showalter
**Content:**
This holiday season, the Discovery FCU team has partnered with Opportunity House to make a Christmas miracle happen for one struggling family. You have the opportunity to help this family too, by participating in our Angel Tree or making a monetary donation.
## **Meet the Family**
Opportunity House connected us with a [single mother and her three children](https://opphouse.org/finding-a-safe-haven-at-opportunity-house/), who are currently living in extended housing with the nonprofit. Their story touched our hearts when we learned that the mother has a full-time job, but no car, so she ubers her children to school each morning and then walks to work. This is why one of the requested items are comfy shoes—good for walking.
Her sons are ages one, two, and four. She is working hard to give them a bright future, but there just isn’t much money left over for Christmas celebrations or even her own needs. Together we can make their holiday extra bright and provide them with items they can use throughout the year.
## **Angel Tree**
Discovery FCU has an Angel Tree in our [lobby](https://discoveryfcu.org/resources/location_hours/) with gift tags available for the taking. The tags include toys for the children, clothing, and household goods, as well as uber gift cards. You can also make a monetary donation that will be used toward making up for tags that are not taken or given in the form of gift cards. We know this a hard year for everyone, so please remember that even a small gift will add up for this family.
Please return unwrapped gifts with the tags attached by December 18, 2023.
If you have any questions, please stop into the branch at 2744 Century Blvd., Wyomissing, PA 19610 or call us at 610-372-8010.
**Categories:** Active in our Community
---
### [Donation Drive for Local Veterans](https://discoveryfcu.org/news/donation-drive-for-local-veterans/)
**Published:** March 14, 2024
**Author:** Abby Showalter
**Content:**
Please help support local veterans who are homeless or otherwise facing hard times.
Discovery FCU is working with the Red Cross to promote their Totes of Hope campaign, where they will be helping local homeless veterans or otherwise struggling veterans with items to help relieve some of their stress.
Please bring in NEW, full-size, alcohol-free items like:
**Toiletries****:**
shaving cream, razors, body wash, shampoo, soap, toothbrushes, toothpaste, deodorant, feminine hygiene, and comparable items.
**Cold Weather Clothing Items****:**
warm socks, winter hats, gloves, mittens, and comparable items.
**Entertainment Items:**
playing cards, puzzle books, pens, pencils, and comparable items.
All donations will be collected at our Wyomissing Branch by the Red Cross for their Totes of Hope campaign by April 3, 2024. Monetary donations are also welcome.
Thank you in advance for your support!
**Categories:** Active in our Community
**Tags:** Red Cross, veterans
---
### [Discovery FCU Walks for the Animals](https://discoveryfcu.org/news/discovery-fcu-walks-for-the-animals/)
**Published:** March 6, 2024
**Author:** Abby Showalter
**Content:**
Discovery FCU is participating in [Walk for the Animals](https://humanepa.org/events/walk-for-the-animals/) to support Humane Pennsylvania. The event will take place on Saturday, May 4, 2024 at the Reading Fairgrounds, Leesport.
Our employees love helping animals whenever we get the chance.
If you’d like to donate monetarily, you can make a donation in branch or right [here](https://www.classy.org/team/566726) on our fundraising page.
Thank you for your support!
Update:
The event was a huge success and Discovery raised just under $1,000. Thank you to everyone who supported this great event. We can’t wait to do it bigger next year!
**Categories:** Active in our Community
---
### [Discovery FCU Partners With the Adalyn Rose Foundation](https://discoveryfcu.org/news/discovery-fcu-partners-with-the-adalyn-rose-foundation/)
**Published:** April 25, 2024
**Author:** Abby Showalter
**Content:**
*The credit union welcomes the local nonprofit to space at their headquarters.*
At the 2024 Baby Grand Gala, the Adalyn Rose Foundation made a big announcement. They are moving their headquarters from a personal residence to office space at Discovery Federal Credit Union’s building located at 2744 Century Blvd., Wyomissing, PA 19610.
This new headquarters marks the start of a partnership between the credit union and the Foundation. The Adalyn Rose Foundation will rent the space at a discounted rate and Discovery FCU will act as a top sponsor of the organization throughout their many outreach events and fundraisers.
The Adalyn Rose Foundation provides comprehensive and continuous support to families grieving the loss of a child at any time during pregnancy, infancy, or early childhood. They were launched in Berks County by a young couple who experienced the loss of their daughter, Adalyn Rose. You can learn more about this amazing nonprofit at [adalynrose.org](https://adalynrose.org/).
“We are so incredibly grateful for the kindness and generosity that the Discovery FCU team has shown us. We are excited to continue growing our organization with their support,” said Adalyn Rose Foundation Executive Director, Chloe Ciferri.
“We couldn’t think of a better group of people to be our neighbors. They say it perfectly, ‘Worst club. Best people,’” said Discovery FCU President/CEO, Michele Smith. “The mission of the Adalyn Rose Foundation aligns closely with the credit union motto of ‘People helping people.’ Our teams of warm and caring people will complement each other well. Looking forward to great things.”
**Categories:** Active in our Community, News
---
### [Supporting Local Veterans](https://discoveryfcu.org/news/supporting-local-veterans/)
**Published:** May 22, 2024
**Author:** Abby Showalter
**Content:**
**Discovery FCU Collects Items for the Red Cross Initiative to Support Homeless Veterans**
*The credit union supports Totes of Hope and the Heroes Breakfast.*
Wyomissing, PA – May 22, 2024 – The team at Discovery Federal Credit Union is always eager to help when an opportunity comes up to support local veterans. The local chapter of the American Red Cross recently participated in “Totes of Hope,” a program which provides useful items such as toiletries and warm weather accessories to homeless and struggling veterans in Berks County. Discovery FCU helped out by hosting a donation drive at their branch and collecting several large boxes of donations, including some purchased by the credit union.
In addition to the donation drive, Discovery FCU supported the Red Cross by sponsoring the 2024 Heroes Breakfast, which honors local heroes and benefits all of the programs of the local chapter of the Red Cross.
“All of us here at Discovery FCU are so thankful to our veterans and happy to do anything to help them,’” said Discovery FCU President/CEO, Michele Smith. “Whenever the American Red Cross has opportunities to help this population, we jump on it. Our members expect this kind of local love from us and we’re always happy to get them involved too. Thanks to everyone who donated and the Red Cross for organizing this great program.”
**Categories:** Active in our Community
---
### [Greater Reading Business Excellence Award](https://discoveryfcu.org/news/greater-reading-business-excellence-award/)
**Published:** May 23, 2024
**Author:** Abby Showalter
**Content:**
**Discovery FCU Recognized With Greater Reading Business Excellence Award**
*The award was presented by the Greater Reading Chamber Alliance.*
Discovery Federal Credit Union was named as one of the top 45 businesses in category one of the Greater Reading Business Excellence Awards. The prestigious program honors high-growth, area companies with rankings based on impressive annual revenue growth.
“We couldn’t be more thrilled to be recognized as a leader among Berks County businesses,” said Discovery FCU President/CEO, Michele Smith. “Thank you to our wonderful team and members for making this possible.”
The winners were announced at the Greater Reading Chamber Alliance Annual Dinner on May 22, 2024, which featured Brian Westbrook of the Philadelphia Eagles as a speaker. The awards are determined by the Greater Reading Chamber Alliance and KPMG, LLP.
**Categories:** News
---
### [Fraud Alert: Romance Scams](https://discoveryfcu.org/news/fraud-alert-romance-scams/)
**Published:** May 6, 2024
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union is dedicated to protecting you from fraud, including romance scams. Here are some quick tips on how to avoid this increasingly common fraud technique:
You may have heard about red flags in a relationship, but you may not realize that it can sometimes lead to financial fraud. There are entire crime rings dedicated to convincing online victims that they’re in a committed relationship.
Now that the victim is vulnerable, scammers deceive them into giving up money, gifts, and even personal information that can be used to steal their identity.
Here are several reg flags to help you avoid this type of scam:
1. Someone you’ve never met in person wants to start a relationship with you.
2. You’re given excuses as to why they can’t meet you in person or talk to you by phone or video call, such as being in the military or working for an offshore oil rig.
3. You’re promised a house, getting married, and even starting a family when they return from overseas.
4. You’re asked for your online banking credentials so that they can deposit a fraudulent check that they claim is to help you out financially.
5. They start asking you for money, gifts, or personal information, even if it doesn’t seem like a lot at first.
Be safe, and remember these red flags so that you don’t fall victim to an online romance scam.
**Categories:** News
---
### [Understanding Credit Scores](https://discoveryfcu.org/news/understanding-credit-scores/)
**Published:** September 6, 2024
**Author:** Abby Showalter
**Content:**
Welcome to the Discovery FCU blog, where our mission is to empower you with the knowledge and tools needed to achieve financial independence. Today, we’re unpacking a crucial aspect of financial health: credit scores. Understanding your credit score is more than a numerical assessment—it’s a gateway to understanding your financial opportunities and responsibilities.
**What is a Credit Score?**
A credit score is a numerical expression based on a level analysis of your credit files, to represent the creditworthiness of an individual. Essentially, it’s a tool lenders use to determine how likely you are to repay borrowed money. Credit scores range from 300 to 850, with higher scores reflecting a better credit history.
**Why Does Your Credit Score Matter?**
Your credit score influences many aspects of your financial life. It affects your ability to:
- Secure loans for major purchases like a home or car.
- Obtain favorable interest rates.
- Rent an apartment.
- *Sometimes, your score can even impact job opportunities.*
**Factors Influencing Your Credit Score**
1. **Payment History (35%)**: This is the most significant factor. Making timely payments can positively impact your score.
2. **Credit Utilization (30%)**: This measures how much credit you are using compared to your total credit limit.
3. **Length of Credit History (15%)**: Longer credit histories are seen as less risky, as they provide more data on spending habits.
4. **New Credit (10%)**: Opening several new credit accounts in a short period can be seen as risky.
5. **Credit Mix (10%)**: Having a variety of credit types (e.g., mortgage, car loan, and credit cards) can positively affect your score.
**Improving Your Credit Score: Steps to Take**
- **Regularly Check Your Credit Report**: Errors can impact your score negatively. Regular checks ensure you can rectify any mistakes promptly. Remember, you can obtain a free credit report annually from each of the major bureaus at [annualcreditreport.com](https://www.annualcreditreport.com), at no cost. This service allows you to keep a close eye on your credit status and ensure all information is accurate and up-to-date.
- **Pay Your Bills on Time**: Set reminders or automate your payments to never miss a due date.
- **Keep Credit Balances Low**: Aim to use less than 30% of your credit limit across all accounts.
- **Build a Long Credit History**: Keep older accounts open to lengthen your credit history, even if you are not using them frequently.
- **Be Thoughtful About New Credit**: Only apply for new credit when necessary.
**How Discovery FCU Supports You**
At Discovery, we believe in saying “Yes, We Can!” to every financial challenge and opportunity. Our dedication to your financial well-being includes:
- **Personalized Financial Counseling through GreenPath**: As part of our partnership with [GreenPath Financial Wellness](https://discoveryfcu.org/financial-wellness/), we provide free, personalized financial counseling. This includes assistance with managing debt, improving your credit score, and making informed financial decisions.
- **Financial Tools and Resources**: Our commitment extends to providing you with practical tools to enhance your financial literacy and management skills. Through our partnership with GreenPath, you have access to free resources like financial checkups and a library of educational articles and interactive modules that address various aspects of financial health.
We are more than a credit union; we are a community that thrives on collaboration, respect, and mutual support. Together, we embrace challenges as opportunities to grow and achieve more.
**Engage with Us**
Your journey to financial independence is a community effort. Connect with us on social media, [visit our branch](https://discoveryfcu.org/resources/location-hours/), or[ call us](https://discoveryfcu.org/connect/contact/) to discuss how we can help you achieve your financial dreams. Remember, with the right support and knowledge, improving your credit score is not just a possibility but a reality!
**Categories:** Financial Education
---
### [Discovery FCU Makes an Impact at Our Local Schools With a Free Online Financial Literacy Program](https://discoveryfcu.org/news/discovery-fcu-makes-an-impact-at-our-local-schools-with-a-free-online-financial-literacy-program/)
**Published:** July 22, 2022
**Author:** Marketing
**Content:**
# Making an Impact
### Discovery FCU is bringing Banzai, a premium online financial literacy program, to educators and students in Berks County for free!
[](https://discovery.banzai.org/)
##### **64 Local Schools Sponsored**
[](https://discovery.banzai.org/)
##### **243 Teachers Served**
[](https://discovery.banzai.org/)
##### **18,920 Students Served**
It’s tough telling teens what life’s really like as an adult. Here’s an idea: show, don’t tell. Show them how a ten-dollar job isn’t really ten dollars an hour. Show them the true costs of living without insurance. Let students experience life’s pitfalls for themselves.
Banzai helps young people learn by doing. Over a million children nationwide, aged 8 to 18, have already used Banzai to learn about finance in the real world, at no cost.
Discovery FCU partners with Banzai to offer this innovative financial literacy program to educators in Berks County for free!
- Banzai is an award-winning curriculum.
- Banzai is flexible and adapts to your schedule.
- Students will discover real-world finance.
- Students choose their own adventures.
- Access Banzai anytime, from any device.
- Align Banzai to our state’s standards
- Teach with no prep work, and grade in an instant.
- Teach them to budget, save for a rainy day, and navigate adult financial dilemmas.
[Learn How to Sign Up for Banzai for FREE! ](https://discovery.banzai.org/)
**Categories:** Active in our Community
---
### [Discovery FCU Gives the Students at the John Paul II Center a Cool Surprise](https://discoveryfcu.org/news/discovery-fcu-gives-the-students-at-the-john-paul-ii-center-a-cool-surprise/)
**Published:** June 3, 2022
**Author:** Marketing
**Content:**
*June 3, 2022*
Discovery Federal Credit Union surprised the staff and students at the John Paul II Center – Special Education Center for Children & Adults with a special cool treat from the Mr. Softee Ice Cream Truck! Ice cream is a special treat any time of the year at school, however, when the ice cream truck pulls right up to your school’s front door, it makes it extra special. Discovery FCU’s President/CEO, Ed Williams, was on-hand to enjoy this special treat with the students and staff of the John Paul II Center. Thanks, Ed!!
**About John Paull II Center – Special Education Center for Children & Adults**
In a safe and nurturing Christian environment, John Paul II Center serves children and adults with intellectual and developmental disabilities by providing diversified programs. We acknowledge the dignity of all learners while challenging them on a daily basis to reach their God-given potential. Our mission is an expression of the Catholic Church’s teaching on the sanctity of human life.
**Categories:** Active in our Community, News
---
### [Avoid Falling Victim to IRS Scams and Phishing Attempts](https://discoveryfcu.org/news/avoid-falling-victim-to-irs-scams-and-phishing-attempts/)
**Published:** July 25, 2022
**Author:** Marketing
**Content:**
With continuing phone and in-person scams taking place across the country, the IRS wants to help taxpayers understand how and why agency representatives may contact taxpayers.
In most instances, the IRS sends a letter or written notice to a taxpayer in advance, but not always. Depending on the situation, IRS employees may first call or visit with a taxpayer.
Here’s how taxpayers can know if a person calling or visiting their home or place of business is a legitimate IRS employee or an imposter. There are special instances where an IRS revenue officer or revenue agent may visit a home or business related to an unpaid tax bill or an audit; the IRS urges people with tax issues to understand the circumstances around these visits and also help protect themselves against imposters.
## Text messages: Frequently a scam
The IRS does not send text messages including shortened links, asking the taxpayer to verify some bit of personal information. These fraudulent messages often contain bogus links claiming to be IRS websites or other online tools. Other than IRS Secure Access, the IRS does not use text messages to discuss personal tax issues, such as those involving bills or refunds.
##
Email: Many tax scams involve email
The IRS does not initiate contact with taxpayers by email to request personal or financial information. The IRS initiates most contacts through regular mail. If a taxpayer receives an unsolicited fraudulent email that appears to be from either the IRS or a program closely linked to the IRS, report it by sending the email as an attachment to phishing@irs.gov. [The Report Phishing and Online Scams](https://www.irs.gov/privacy-disclosure/report-phishing) page at [IRS.gov](https://www.irs.gov/privacy-disclosure/report-phishing) provides complete details.
## Mail and phone contacts are the first steps with a tax issue
Taxpayers will generally first receive several letters from the IRS in the mail before receiving a phone call. However, there are circumstances when the IRS will call, including when a taxpayer has an overdue tax bill, a delinquent or unfiled tax return, or has not made an employment tax deposit.
All tax payments should only be made payable to the U.S. Treasury and checks should never be made payable to third parties. For anyone who doesn’t owe taxes and has no reason to think they do: Do not give out any information. Hang up immediately. For more information, see [IRS warning: Scammers work year-round; stay vigilant.](https://www.irs.gov/newsroom/irs-warning-scammers-work-year-round-stay-vigilant)
For more information, click [here](https://www.irs.gov/newsroom/understanding-how-the-irs-contacts-taxpayers-avoiding-scams-and-how-to-know-its-really-the-irs-reaching-out) to visit the [IRS Fact Sheets](https://www.irs.gov/newsroom/understanding-how-the-irs-contacts-taxpayers-avoiding-scams-and-how-to-know-its-really-the-irs-reaching-out).
**Categories:** News
---
### [What You Need to Know About Credit Union Impersonation Scams](https://discoveryfcu.org/news/what-you-need-to-know-about-credit-union-impersonation-scams/)
**Published:** November 1, 2022
**Author:** Marketing
**Content:**
### Credit Union Impersonation Scams are on the Rise
Credit Union members must stay alert to the latest attempts by scammers to access personal financial data. Some of our members have recently received phone calls and texts from fraudsters posing as credit union employees. Fraudsters spoof credit union phone numbers and email addresses and use pieces of personally identifiable information to gain members’ trust before stealing account funds.
### Here’s what you need to know about impersonation scams:
##### **What is a Credit Union Impersonation Scam?**
Successful credit union impersonation scams occur when members are convinced they’re communicating with an actual credit union representative via live voice call (Vishing), SMS text message (SMishing), or email (Phishing). But, in reality, they’re sharing confidential information with a scammer.
Fraudsters use spoofing techniques to make it appear as though the communication is from the institution so they can:
- Steal your debit card information
- Bypass security protections and access your account online; and
- Solicit funds for fake payments
##### **Credit Union Impersonation Scam Scenarios**
A scammer will do everything they can to appear as if they are a real credit union employee attempting to assist you with your account.
##### **Typical Vishing Scenario:**
Posing as a credit union representative, the scammer contacts the member using a spoofed phone number. The caller claims they need to discuss an important matter, but they must first confirm the member’s identity. The scammer is already on the credit union’s online banking website and informs the member they need to provide the PIN sent to the member’s phone or answer security questions. Since the caller says they’re from the credit union and the number on the Caller ID appears to confirm it, the member doesn’t hesitate to provide the requested information.
Vishing allows the scammer to use the information provided by the member to complete the login. They proceed to lock the member out of their account by changing the online banking password. The fraudster then transfers funds from the member’s account to their own temporary account before vanishing without a trace. The caller might even encourage the member to transfer funds to an external account claiming that the payment will be applied to a specific credit union loan.
##### **Typical Phishing and SMishing Scenario:**
Posing as a credit union fraud department employee, the scammer sends a spoofed email or text message to a member alerting them to suspicious debit card activity. Instructions urge the member to reply to the original message with account details, such as card numbers, CV2 codes, PINs, or other online account credentials. Phishing and SMishing give the scammer valuable data they can use to make unauthorized charges or access the member’s account.
##### **How to Protect Yourself from Credit Union Impersonation Scams**
- Never share private information via SMS text message. Legitimate attempts to validate credit or debit activity only require a simple response (YES or NO) via text.
- Do not click on hyperlinked phone numbers sent via SMS text or on links inside emails.
- Pause before providing personal data via voice calls you did not initiate, even if the caller ID reads Discovery FCU. Hang up and contact us using our phone number – 610.372.8010 or 800.563-9383.
##### **Discovery FCU will never contact you directly to request any of your account information, including:**
- Social Security Number
- Credit or Debit Card Numbers
- Security Code or CVV
- PIN – Personal Identification Number
- Address
- Date of Birth
- Online Banking Login Information
- Verification Codes
- Passwords
If someone contacts you and requests this information or your account details by phone do not share any information and hang up immediately. Likewise, if you receive an email, website pop-up, or text with a suspicious link – stop and think before you click.
##### **Fighting Fraud Together**
We use a variety of very strong security practices to keep your accounts safe, and we’re actively taking a number of additional countermeasures to combat unauthorized activity. Still, member vigilance is our most effective form of fraud prevention.
The most important thing is to NEVER share your security credentials with anyone, and if something doesn’t seem right, report it right away. If you do receive a fraudulent email, phone call or text impersonating Discovery FCU, please call the credit union at 610.372.8010, so we can stay at the forefront of any potential scams or fraud campaigns targeting our members.
The FTC has valuable information on its website regarding unwanted calls, emails, and texts. [Read more…](https://consumer.ftc.gov/unwanted-calls-emails-texts)
Please share this information with friends and family members who may be susceptible and vulnerable to this type of fraud.
**Categories:** News
---
### [Discovery Federal Credit Union Announces New CEO](https://discoveryfcu.org/news/discovery-fcu-announces-new-ceo/)
**Published:** September 21, 2022
**Author:** ironcore
**Content:**
Michele SmithWYOMISSING, PA., September 21, 2022—Discovery FCU announced today that after a comprehensive nationwide search, it’s long-time Vice-President/Chief Information Officer Michele Smith will succeed retiring CEO Edwin Williams effective October 1, 2022.
The Board recognizes the visionary leadership of outgoing CEO Ed Williams who has grown the credit union to over $180 million in assets with over 8,500 members during his 26-year tenure. “Ed’s vision and leadership have paved the way for Discovery FCU to continue to provide industry-leading service to its member/owners. We wish him all the best in his well-deserved retirement and look forward to Michele taking the helm and continuing to enhance services to our member/owners. Having worked very closely with Michele for 22 years and watching her thrive and grow into a nationally recognized leader, I am supremely confident that Michele is the perfect fit for the CEO role, and she will continue to strengthen and grow Discovery,” says Bob Shaner, Board President.
Smith, current Vice-President/Chief Information Officer, and Reading PA native, brings her 22-years of service and experience with Discovery FCU to her new position. Michele has been instrumental in leading the organization through the pandemic, countless strategic initiatives, product and service enhancements and the recent renovation of the branch. She is a passionate advocate for the credit union movement and philosophy of people helping people. “I am thrilled that Michele has been selected as the next President/CEO of Discovery FCU and that her commitment over her 22 years as a member of the management team of Discovery FCU was recognized by the Board of Directors. I can retire knowing that Discovery FCU is in great hands with Michele as my successor. I am excited to see her continue to use her talents to further enhance services to our member/owners,” says Williams.
“It is my honor to take the next step in serving Discovery FCU as President/CEO and lead the credit union into the future. I have many people to thank for this opportunity. Ed Williams, for his manyyears of support, guidance, and space to grow. His mentorship has been invaluable in preparing me for this role. Our exceptionally talented and service-minded team that bring their very best to work every day to make a positive impact on the lives of our member/owners. The board of directors for entrusting me to continue building on the great foundation that we have built. The future is bright at Discovery FCU,” Michele says.
Discovery FCU has been serving the Berks County region for more than half a century. Founded in 1959, the credit union has continuously grown in size, membership and capability, yet maintained a value-driven, member-focused philosophy that sets it apart.
**Categories:** News, Uncategorized
---
### [Join our Month of Giving! We're giving $1,000 to 11 favorite charities!](https://discoveryfcu.org/news/join-our-month-of-giving-were-giving-1000-to-11-favorite-charities/)
**Published:** December 3, 2021
**Author:** Marketing
**Content:**
# 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 of $12,000.00. Our employees voted for and selected 11 local charities to give a $1,000.00 check donation to as part of our Employee Community Giving Campaign. And, bringing even more hope this Christmas, we also contributed $1,000 of toys to Toys for Tots.
### We invite you to join in and show your support this holiday season!
We encourage you to consider making donations to local charities to support Berks County.
## Toys for Tots of Berks County
We donated $1,000 of toys to Toys to Tots of Berks County!
***Toys for Tots of Berks County knows that “Every Child Deserves a Little Christmas”. They are dedicated to giving hope and the simple joy of a toy at Christmas to the children that need our help. Their campaign covers 42 cities and municipalities in Berks County.***
[DONATE to TOYS FOR TOTS ](https://berks-pa.toysfortots.org/)
## Real Men Wear Pink of Greater Berks-Lehigh Valley
We donated $1,000 to the American Cancer Society as part of the Real Men Wear Pink of Greater Berks-Lehigh Valley Campaign!
***Breast cancer affects everyone – women and men. That’s why the American Cancer Society recruits men to fight breast cancer through Real Men Wear Pink. This distinguished group of community leaders is determined to raise awareness and money to support the American Cancer Society’s mission and save more lives than ever before from breast cancer.***
[DONATE to REAL MEN WEAR PINK ](https://secure.acsevents.org/site/STR?pg=entry&fr_id=100764) 
## Safe Berks
We donated $1,000.00 to Safe Berks!
***Safe Berks, formerly Berks Women in Crisis, provides a safe haven and ongoing support system for victims of domestic violence and sexual assault.***
[DONATE to SAFE BERKS ](https://www.safeberks.org/) 
## Blankets of Hope
We donated $1,000.00 to Blankets of Hope!
***Blankets of Hope’s mission is to provide fleece blankets to local shelters, veterans, children’s homes, hospice patients, seniors, and any organization that has a need. Every person deserves to feel Secure, to be Warm, and to have Hope.***
[DONATE to BLANKETS OF HOPE ](https://blanketsofhopepa.org/) 
## Friend, Inc.
We donated $1,000.00 to Friend, Inc.!
***Friend, Inc. Community Services is a not-for-profit, multi-service agency that supports the well-being of families and individuals in need, and is committed to strengthening the lives of those living in Northeastern Berks County.***
[DONATE to FRIEND, INC. ](https://www.friendinc.org/) 
## Helping Harvest
We donated $1,000.00 to Berks Schuylkill Helping Harvest Fresh Food Bank!
***Helping Harvest collects, purchases, stores and distributes over seven million pounds of food annually to the more than 320 programs which feed the hungry in Berks and Schuylkill Counties.***
[DONATE to HELPING HARVEST. ](https://helpingharvest.org/)
## Big Brothers Big Sisters of Berks County, PA
We donated $1,000.00 to Big Brothers Big Sisters of Berks County, PA!
***Big Brothers Big Sisters of Berks County strives to foster positive and measurable growth for at-risk youth including a strengthened sense of self-worth, development of character, and improved relationships & performance at home, in school, and throughout the community. They achieve their goals through four mentoring programs utilizing carefully screened and trained volunteers.***
[DONATE to BIG BROTHERS BIG SISTERS ](https://bigsinberks.org/) 
## Animal Rescue League of Berks County
We donated $1,000.00 to the Animal Rescue League of Berks County!
***The Animal Rescue League of Berks County is a charitable organization caring for nearly 4,500 animals each year to help them find second chances in a new home or to help reunite them with their grateful owners. For more than 65 years, they’ve worked tirelessly to care for the sick, treat the injured, comfort the unwanted, and protect the abused. Whether helping people in need keep their pets through surrender prevention programs, offering low-cost veterinary services and clinics, as well as outreach and education events throughout the county, their work goes far beyond the walls of the shelter.***
[DONATE to ANIMAL RESCUE LEAGUE ](https://www.berksarl.org/) 
## Zoe’s House Rescue, Inc.
We donated $1,000.00 to Zoe’s Rescue House, Inc.!
***Zoe’s Rescue House is a grassroots organization working tirelessly to rescue dogs from situations that no creature should ever endure. They give life-saving medical attention, hope for a better future and a loving human touch some have never known, and find them their furever home.***
[DONATE to ZOE'S HOUSE RESCUE, INC. ](https://www.zoeshouserescue.com/) 
## Mary’s Shelter
We donated $1,000.00 to Mary’s Shelter!
***Mary’s Shelter is a multifaceted comprehensive housing and social service agency that addresses pregnancy, parenting, and youth homelessness through proactive preventative work, crisis intervention services, and stabilization back into the community.***
[DONATE to MARY'S SHELTER ](https://marysshelter.org/) 
## The Rudden Foundation
We donated $1,000.00 to The Rudden Foundation!
***The Rudden Family Foundation, Inc. (TRFFI) assists individuals and families that are homeless or at risk of being homeless.***
[DONATE to THE RUDDEN FOUNDATION ](https://www.theruddenfamilyfoundation.org/) 
## Vision Resource Center of Berks County
We donated $1,000.00 to the Vision Resource Center of Berks County!
***For over 90 years the Vision Resource Center of Berks County has helped prevent blindness, increase awareness, and enabled visually impaired residents to lead independent and productive lives within the community.***
[DONATE to VISION RESOURCE CENTER OF BERKS COUNTY ](http://vrcberks.org/) 
### We’ve been dedicated to serving all of Berks County since 1959. At Discovery FCU, you always come first, and our people helping people philosophy is stronger than ever. ❤
**Categories:** Active in our Community
---
### [Discovery FCU Partnered With Regional Credit Unions to Jointly Raise Over $220,000 Towards PPE Efforts](https://discoveryfcu.org/news/discovery-fcu-partnered-with-regional-credit-unions-to-jointly-raise-over-220000-towards-ppe-efforts/)
**Published:** July 20, 2020
**Author:** Marketing
**Content:**
Discovery Federal Credit Union partnered with 17 regional credit unions and credit union partners, jointly raising more than $220,000 in just five days to collectively purchase and donate 30,000 Personal Protective Equipment (“PPE”) medical gowns to healthcare facilities throughout Pennsylvania, New Jersey and Delaware.
Representatives from the credit unions came together on Wednesday morning, July 15, 2020 to pack the PPE materials into a fleet of vehicles form the contributing credit unions. The gowns will then be distributed to local hospitals, skilled nursing centers and other healthcare facilities.
Discovery Federal Credit Union will individually contribute 1,000 PPE gowns to the Penn State St. Joseph’s Hospital. In total, the following Credit Unions and organizations have jointly contributed to support the gown donation program:
- American Heritage Credit Union (PA)
- American Spirit Federal Credit Union (DE)
- Belco Community Credit Union (PA)
- Citadel Credit Union (PA)
- Discovery Federal Credit Union (PA)
- Eagle One Federal Credit Union (DE)
- First Commonwealth Federal Credit Union (PA)
- Franklin Mint Federal Credit Union (PA)
- Freedom Credit Union (PA)
- Healthcare Employees Federal Credit Union (NJ)
- Penn East Federal Credit Union (PA)
- Service 1st Federal Credit Union (PA)
- Sun East Federal Credit Union (PA)
- Trumark Financial Credit Union (PA)
- West Penn P & P Federal Credit Union (PA)
- CrossState Credit Union Association (Representing PA & NJ credit unions)
- First Heritage Mortgage Services – a Credit Union Service Organization
- Shields Business Solutions
Credit unions are member-owned and operate with the inherent philosophy of people helping people. Discovery FCU is proud to have played a role in this initiative to help give our front-line responders the protection they need. We’ll post an update once we deliver the gowns to St. Joseph’s hospital.
**Categories:** Active in our Community
---
### [Mobile Banking App Update](https://discoveryfcu.org/news/new-mobile-banking-app-update/)
**Published:** March 2, 2022
**Author:** Marketing
**Content:**
### Discovery FCU Mobile Banking App Update and New Features in Online Banking
The Discovery FCU Mobile Banking App received an update on 3/2/2022. If your mobile device is not set to automatically download updates, you’ll need to download the app update in your app store before you can use Discovery FCU mobile banking. The old version of our app will not work. *(If you do not see the app update in your app store, click on the Discovery Butterfly Icon and it will appear on most devices.)*
Look for these exciting new features in this latest update:
**New!** Micro-deposit verification process when establishing external accounts.
**New!** Pay loan by debit card feature.
**New!** Online banking account nickname feature. Nickname your accounts within online banking. This is only for online/mobile banking and the nicknames will not transfer over to our records or be listed on your statements.
**New!** Add a new share. You can now add a checking account, sub-saving account, or money market to your Discovery FCU primary member account. If you have more than one primary member account with the credit union, the new account will be added to the first primary member account listed in our system.
**New!** A button with a link to the Contacts feature is now included in the transfer workflow to allow for the easy setup of new contacts.
**Change** External Transfer Limits
- Incoming ACH to Loan: Per transaction=$10,000, Daily=$10,000, Monthly=Unlimited
- Incoming ACH to Share: Per transaction=$5,000, Daily=$5,000, Monthly=$25,000
- Outgoing ACH: Per transaction=$10,000, Daily=$10,000, Monthly=$50,000
*Please remember the ACH cutoff time is 4:00 pm each business day (excludes federal holidays)*
**Bug Fix** You can initiate mobile check deposits from the ellipse (…) in addition to the + button.
**Categories:** Products & Services
---
### [Ed Williams Receives Lifetime Achievement Award](https://discoveryfcu.org/news/ed-williams-receives-lifetime-achievement-award/)
**Published:** October 28, 2020
**Author:** Marketing
**Content:**
Ed Williams, President/CEO of Discovery Federal Credit Union, was presented the William W. Pratt Professional of the Year Lifetime Achievement Award by the CrossState Credit Union Association on October 28, 2020 during their first virtual Annual Convention.
The award recognizes an outstanding professional involved in daily credit union operations. Williams’ accolades are many. Ed has served as Discovery FCU’s CEO since 1997, was on the Credit Union National Association Board of Directors from 2008-2017 and the National Credit Union Foundation’s Board of Directors from 2004-2017. He also served on the Pennsylvania Credit Union Foundation Board of Directors for eight years. He was the PA Credit Union Foundation Grants Committee Chair for six years, the Awards Committee chair for 15, and was a Federal Reserve Bank of Philadelphia Credit Union Council Member from 2003-2008.
Williams is dedicated and involved in the Berks County community as well. He served on the Greater Berks County Food Bank from 2002-2016 and currently serves on the Rudden Family Foundation Board and the St. Ignatius Loyola Finance Committee, is a BCIAA Volleyball Officials Board member and has served on the Greater Reading Chamber of Commerce Business & Community Advocacy Council.
“Through his leadership, dedication and support, Ed has energized and strengthened the credit union movement within his community and nationwide, making an ever-lasting impact within the industry,” said Robert M. Shaner, CPA, Chairman of the Board of Directors, Discovery FCU. “And, his unwavering devotion to Discovery and its members is impeccable. The entire Board of Directors and staff at Discovery is very proud and honored by his achievements and this distinguished recognition.”
**Categories:** Active in our Community
---
### [Annual Membership Meeting 2022](https://discoveryfcu.org/news/annual-membership-meeting-2022/)
**Published:** July 1, 2022
**Author:** Marketing
**Content:**
# Notice of Annual Meeting
##### **Notice is hereby given that the annual meeting of Discovery Federal Credit Union will be held at 2744 Century Blvd., Wyomissing, PA 19610 on Wednesday, September 14, 2022, at 5:00 pm.**
The meeting is held for the following purposes: (1) to elect three directors of the credit union; and (2) to transact any other business that may properly come before the meeting or any adjournment of the meeting.
Nomination for vacant positions may be made by petition. Petitions require signatures by 1% of the membership with a minimum of (20) signatures and a maximum of five-hundred (500). Discovery Federal Credit Union currently serves 8,582 members. If you would like to seek nomination by petition, please submit a signed certificate stating that you are agreeable to the nomination and will serve if elected. In addition, please include a biographical statement. The deadline for the petitions is August 5, 2022. (Petitioners have thirty (30) days to gather signatures and the deadline is forty (40) days before the annual meeting.) Please note that no nominations will be accepted from the floor and there will be no balloting if there is only one nominee for each vacant position.
The nominations received from the Nominating Committee and from petition will be posted in the credit union’s branch at least thirty-five (35) days before the annual meeting.
Dated: July 1, 2022
By Order of the Board of Directors
**Categories:** News
---
### [The Cost of a Mortgage](https://discoveryfcu.org/news/the-cost-of-a-mortgage/)
**Published:** August 12, 2020
**Author:** Marketing
**Content:**
Since monthly payments spread the cost of a mortgage loan over an extended period, it’s easy to forget the total expense. For example, if you borrow $200,000 for 30 years at 6% interest, your total repayment will be around $431,680, more than two times the original loan.
What seems like minor differences in the interest rate can add up to a lot of money over 30 years. At 7%, the total repaid would be $479,160, about $47,480 more than at the 6% rate.
**Loan Amount (Principal):** The amount you borrow. This is the amount plus interest that you must repay over the term of the loan.
**Interest:** Interest is the percentage of principal you pay to borrow. It’s the primary component of the APR, and is determined in large part by the current cost of borrowing in the economy and your creditworthiness.
**Points (Prepaid Interest):** Interest that you prepay at the closing. Each point is 1% of the loan amount. For example, on a $90,000 loan with two points, you’d prepay $1,800.
**Fees:** Fees include application fees, loan origination fees, and other initial costs imposed by the lender.
**Term (Length of the Loan):** The longer the term, the lower the monthly payments, but the more you’ll pay in total.
**Rate:** Over time, a lower interest rate will have the greatest impact on overall cost.
Any of the factors will increase the overall cost, but a higher interest rate and longer term will have the greatest impact.
## Paying Off Your Loan
You repay a mortgage loan in a series of monthly installments over the term, a process known as **amortization**. Over the first few years, most of each payment is allocated to interest and only a small portion to paying off the principal. By year 20 of a 30-year mortgage, the amounts allocated to each equal out. And, by the last few years, you’re paying mostly principal and very little interest.
Try this **mortgage calculator** below to see what a realistic mortgage would look like for you.
[Click here](https://discovery.learnbanzai.com/wellness/resources/mortgage-affordability-calculator)
## Cutting Mortgage Expenses
The amount you borrow, the finance charges—which combine interest and fees—and the time it takes you to repay are the factors that make buying a home expensive. So finding a way to reduce one or more of them can save you money.
1. **Make a larger down payment.** The less you borrow, the less interest you’ll pay. Since the interest is calculated on a smaller base, your payments will be lower. And if your down payment is at least 20% of the purchase price, you won’t be required to purchase private mortgage insurance (PMI), which adds to your borrowing costs. The primary drawback to a larger down payment may be cutting too deeply into your savings, making it difficult to cover other expenses.
2. **Consider a shorter loan.** With a shorter term, you pay less interest overall on the same principal. You may also qualify for a somewhat lower APR, which would reduce your total cost even more. But your monthly payments are higher than if you choose a longer term. So you run the risk of committing yourself to larger payments than you can afford.
3. **Make more payments.** You can pay more than the amount required by your contract, either by making more payments or paying an extra amount with each regular payment. If you do the latter, be sure to make it clear that the extra amount should be used to reduce principal, not prepay interest. Lenders may offer a bi-weekly payment plan, but managing the extra payments yourself gives you more flexibility and may reduce the loan faster.
However, you might earn more by investing the money than you would save by paying off the principal faster, particularly since you’d still end up paying most of the interest.
Play around with different payment terms and see how long it would take to pay off your mortgage with this **early pay-off calculator**.
[Click here](https://discovery.learnbanzai.com/wellness/resources/early-payoff-calculator)
## A Point Well Taken
Lenders might be willing to raise a loan’s interest rate by a fraction (say 1/8 of a percent or 1/4 of a percent) and lower the number of points—or the reverse—as long as they make the same profit. The advantages of fewer points are lower closing costs and laying out less money when you’re apt to need it most. But if you plan to keep the house longer than five to seven years, paying more points to get a lower interest rate will reduce your long-term cost.
## Other Costs of Owning
Principal and interest are major components of the cost of buying a home, but they aren’t the only ones. You’ll also owe real estate taxes, which can vary dramatically from state to state and from region to region within a state.
The taxes, which are based on the assessed value of your property and the municipality’s tax rate, typically pay for public schools, police and fire protection, highways, and a raft of other government services. Assessed value, which is determined by an assessor working for a particular municipality, usually differs, at least to some extent, from both the market value and the appraised value.
There is also the cost of homeowners insurance, which your lender will require to protect its investment and which you should have to protect your equity. You may also be required to have flood insurance, which is separate.
In most cases, your monthly mortgage payment includes all four costs, typically shortened to PITI, for principal, interest, taxes, and insurance.
Discovery FCU offers a variety of mortgages through our partnership with First Heritage. Check out our [Mortgage Center](https://discoveryfcu.mymortgageapps.org/discoveryfcu) to learn more.
**Categories:** Products & Services
---
### [Promotions of Four Valued Employees](https://discoveryfcu.org/news/promotions-of-four-valued-employees/)
**Published:** May 22, 2023
**Author:** Abby Showalter
**Content:**
Discovery Federal Credit Union is proud to announce that four dedicated team members have been promoted to their core leadership team. Each of these newly created positions will help to build on the strength and high caliber [standards](https://discoveryfcu.org/connect/about/#1654891378131-0b45edca-a229) of the credit union.
**Michelle Leone** is being promoted from IT Manager to Vice President of Technology and Innovation. She has been with the credit union for 18 years and has seen Discovery grow and technology change on a daily basis. It’s imperative that the credit union be on the cutting edge of technology at all times. In this new position, Leone will ensure that members continue to have the best digital financial solutions and that employees have the tools they need to provide excellent member service.
**Jennifer Pelker** has the unique experience of working in various departments of the credit union over 21 years of service. She is a wealth of information and is being promoted from Process Innovation Manager to the Vice President of Member Experience. The member is by far the most important piece of the credit union puzzle and Pelker ensures that members are receiving world-class service in the branch, online, and in the community.
**Amy Rohrbach** will remain Chief Financial Officer, and has also been promoted to Executive Vice President. As an 18-year veteran of the credit union, Rohrbach has proved time and time again that she can lead Discovery toward organizational growth and strategic financial footing.
**Kevin Unger**, who originally joined the credit union team in 2015, was the credit union’s Vice President/Chief Operations Officer. He remains Vice President and has been promoted to Chief Risk Officer. This new position is critical in today’s environment where fraud, risk management, and compliance are more important than ever. Unger ensures that Discovery is a safe place for members and their money.
President/CEO of Discovery FCU, **Michele Smith** said, “I am so proud of our leadership team and the true passion and diligent work they put into the credit union. Together they have over six decades of experience with Discovery. The credit union could not be in better hands.”
Michelle Leone, Vice President of Technology and InnovationJennifer Pelker, Vice President of Member ExperienceAmy Rohrbach, Executive Vice President/Chief Financial OfficerKevin Unger, Vice President/Chief Risk OfficerMichele Smith, President/CEO
**Categories:** News, Uncategorized
---
### [Students Benefit from Berks County Financial Reality Fairs](https://discoveryfcu.org/news/students-benefit-from-berks-county-financial-reality-fairs/)
**Published:** May 17, 2023
**Author:** ironcore
**Content:**
As the school year wraps up, so does another great Berks County Financial Reality Fair season for Discovery Federal Credit Union. We believe it’s imperative that before leaving high school, students are familiar with making real-world financial decisions and balancing a budget. Financial Reality Fairs accomplish this by simulating an adult’s financial life and creating an interactive experience where youth learn how to manage money.
At a [Financial Reality Fair](https://www.youtube.com/watch?v=D0bhRiBaYRE), students are given budget sheets with a salary, credit score, and balances in checking and savings accounts. These numbers vary depending on the type of degree a student chooses. Students are required to visit booths for necessary expenses like housing, transportation, food, clothing, internet, and more. They also have the choice to add on a gym membership or visit the salon. Every student visits the wheel of reality where they may have to pay an unexpected bill or receive a deposit from something like a gift from grandma. After visiting all of the booths and the wheel of reality, students must calculate their monthly spending. If they are over budget, they must go back to the different booths and make smarter choices or get a part-time job.
This year Discovery FCU supported Berks County Financial Reality Fairs at high schools in Wyomissing, Governor Mifflin, Tulpehocken, Hamburg, Schuylkill Valley, and Conrad Weiser school districts. All combined, we helped over a thousand students prepare for their future.
“As part of the original committee that brought Financial Reality Fairs to Berks County in 2015, I’m proud to watch the program grow and thrive,” said Discovery FCU VP/Chief Risk Officer, Kevin Unger. “This program is even more near to my heart this year, as my son and his friends were able to participate as seniors at Schuylkill Valley. It was great to see how eye-opening the event was for them.”
Berks County Financial Reality Fairs are a [team effort](https://www.readingeagle.com/2022/11/22/financial-reality-fairs-provide-knowledge-for-high-school-students/). Many local credit unions work together to host a fair, which requires approximately 50 volunteers each. This is all part of the credit union motto, “People Helping People.” The impact of providing this excellent resource is far-reaching. The entire Berks community benefits when the adults of tomorrow are [prepared to be financially responsible](https://discoveryfcu.org/news/discovery-fcu-makes-an-impact-at-our-local-schools-with-a-free-online-financial-literacy-program/ "Discovery FCU Makes an Impact at Our Local Schools with a Free Online Financial Literacy Program").
**Categories:** Active in our Community, News, Uncategorized
**Tags:** berks county, financial reality fair, reality fair
---
### [Fun Summer Weekend Getaways in Pennsylvania](https://discoveryfcu.org/news/fun-summer-weekend-getaways-in-pennsylvania/)
**Published:** June 17, 2022
**Author:** ironcore
**Content:**
## Family Fun on a Budget
Do the inflation blues have you rethinking your summer vacation plans? With rising gas and airline ticket prices, you may be wondering just how much fun you can afford. Luckily, there are plenty of great summer destinations right here in our home state. And with easy personal loans from Discovery FCU, you can pad your budget a bit, and enjoy lots of family fun. Here are five of the best summertime weekend getaways in Pennsylvania.
## Hershey, PA
### [Hershey Park](https://www.hersheypark.com/)
Hershey Park in Hershey, PA is a classic destination. It features 72 rides including the waterpark located inside. For adults who want a little something for themselves, the Hotel Hershey is its own destination with plenty of dining options and a fabulous spa – which even offers chocolate spa treatments!
### [Indian Echo Caverns](https://indianechocaverns.com/)
If you want to get into nature, Indian Echo Caverns is only 10 minutes away from Hershey Park. Besides the year-round, 52-degree, underground tours, your family can do a little gem mining and visit their petting zoo.
### [Dutch Wonderland ](https://www.dutchwonderland.com/)
Forty minutes away from Hershey in Lancaster is Dutch Wonderland. It’s another amusement park, but just perfect for little kids. It features 32 attractions including a splash area – Duke’s Lagoon – with kid-sized slides.
## Water Parks in the Poconos
### [Great Wolf Lodge](https://www.greatwolf.com/poconos)
Great Wolf Lodge is known for its indoor water parks, which you can enjoy year-round, and if the kids get tired of swimming, there’s always the arcade, mini-golf, MagiQuest, bowling, and more! In the summer, however, you can enjoy all the outdoor, mountains majesty of the Poconos for [off-resort adventures](https://www.greatwolf.com/poconos/things-to-do#ptv) like whitewater rafting and exploring Dingmans Falls.
### [Kalahari](https://www.kalahariresorts.com/pennsylvania/)
Like Hotel Hershey, the African-themed Kalahari Resort offers pampering spa options for adults. Like the Great Wolf Lodge, it offers family fun the kids will love with its indoor and outdoor waterparks, a huge arcade, Black Light Mini Golf, VR attractions, and escape rooms. Outside, at Gorilla Grove, you can do more mini-golfing, zip line, or tackle their ropes course.
### [Camelback](https://www.camelbackresort.com/waterparks/poconos-pa-indoor-water-park/) & [Camelbeach](https://www.camelbackresort.com/waterparks/poconos-pa-outdoor-water-park/)
Like Kalahari, these resorts offer indoor and outdoor adventures for the whole family. Aquatopia gets kudos as America’s #1 indoor waterpark while Camelbeach is their outdoor waterpark. Your kids can even learn to surf at one of their FlowRider Sessions! For more outdoor activities, Camelback features a mountain coaster, UTV tours, bungee jumping, and more. Indoors, this resort features an arcade and VR attractions, plus an indoor ropes course and laser tag.
## Erie, PA
### [Splash Lagoon](https://www.splashlagoon.com/)
Erie offers quite a few to-dos to make a great summer weekend getaway. Besides hitting the beach at [Presque Isle State Park](https://uncoveringpa.com/things-to-do-presque-isle-state-park-erie-pa), you can have lots of water fun at Splash Lagoon – one of USA Today’s top 10 indoor waterparks. This destination also features the Treasure Island Arcade, the XD Dark Ride Gaming Theatre, and Hologate VR.
### [Experience Children’s Museum](https://www.eriechildrensmuseum.org/)
This hands-on, interactive museum is best for younger kids, up to age 8. It features 50 different exhibits for lots of playtime, including a kid-size town on its Imagination Floor. Plus, during the summer, they offer free admission to military members!
### [Scallywags Pirate Adventures](http://scallywagspirateadventures.com/pirate-experience-cruise/)
On the water, near the Maritime Museum, your family can enjoy an immersive pirate adventure. The show features water cannons, face painting, games, and a dance party!
## Laurel Highlands
### [Nemacolin](https://www.nemacolin.com/)
This advertises as a luxury resort for families – so you can have the best of both worlds! Enjoy a variety of enticing accommodations from the Chateau, to the Lodge, to private estates for larger groups. For fun, take a spin on the carousel, or swim in their pools at [The Peak](https://www.nemacolin.com/the-peak/) (and enjoy the swim-up bar). Plus, they offer paintball, Jeep off-roading, 18-hole mini-golf, canopy tours, summer tubing, wildlife encounters, and much much more!
## Lehigh Valley, PA
### [Dorney Park and Wildwater Kingdom](https://www.dorneypark.com/)
This Allentown destination features more than 60 rides, shows, and attractions. Planet Snoopy is especially great fun for your youngest ones, and they hold special events throughout the summer like the Grand Carnivale.
### [Lehigh Valley Zoo](https://www.lvzoo.org/)
Located inside the Trexler Nature Preserve, this zoo features animals from all around the world, as well as special events for the whole family. The nature preserve itself offers over 1000 acres of outdoor beauty and miles of hiking trails. You can also fish, mountain bike, and horseback ride there.
### [Crayola Experience](https://www.crayolaexperience.com/easton/things-to-do/attractions)
In nearby Easton, kids can get creative at the Crayola Experience. It features lots of activities including Water Works, Stomp and Play, Adventure Lab, Toddler Town, and Color Playground.
## Personal Loans for Vacations
No matter where your summer adventures take you, you can do more with a [personal loan from Discovery FCU](https://discoveryfcu.org/borrow/personal-loans/). The application process is fast and easy, and our rates are still low. Check out all your options today!
**Categories:** News, Uncategorized
---
### [How Does an IRA Work: Options and Tax Rules](https://discoveryfcu.org/news/how-does-an-ira-work-options-and-tax-rules/)
**Published:** March 30, 2023
**Author:** ironcore
**Content:**
When it comes to retirement there are a lot of investment options out there and a lot of places that offer these options. It can be hard to know where to start and whom to trust with your hard-earned money. After all, you have **plans for the future**, right? When the time comes, you want to be able to do all the things you’ve dreamed of without any unwanted surprises. So, **the first step** is understanding how investments like IRAs work, what the different IRA types are, and how taxes work for each of them. Get the answers now.
## How Does an IRA Work?
An IRA is a retirement savings account that individuals can open on their own, offering tax-free asset growth. They are typically opened at a brokerage firm, a bank, or a credit union and can be funded with pre-tax or after-tax dollars, depending on the type of IRA.
With an IRA, you have complete control over how your money is invested (versus a 401k). You can choose from a wide variety of stocks, bonds, mutual funds, ETFs, commodities, and other investments. You cannot, however, invest in life insurance plans or collectibles.
### Types of IRAs
There are two main types of IRAs: traditional and Roth. With a traditional IRA, contributions are tax-deductible, but withdrawals in retirement are taxed as ordinary income. With a Roth IRA, contributions are made with after-tax dollars, but withdrawals in retirement are tax-free.
### IRA Contribution Limits and Tax Rules
In 2023, the [maximum contribution limit](https://www.irs.gov/newsroom/401k-limit-increases-to-22500-for-2023-ira-limit-rises-to-6500) for a traditional or Roth IRA is increasing to $6,500 per year ($7,500 if you’re age 50 or older).
Withdrawals before age 59 ½ usually come with a 10% IRS penalty. There are exceptional circumstances called [hardship distributions](https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-hardship-distributions) where the 10% penalty may be waived, but these are extremely rare. In such allowable circumstances, the withdrawal will be limited to the amount needed for the “immediate and heavy financial need.”
Withdrawals for a traditional IRA will also incur federal and state taxes.
## IRA Investment Options at Discovery FCU
**Discovery FCU offers several** [**IRA investment choices**](https://discoveryfcu.org/save/traditional-roth-iras/) **for our members:**
### Traditional IRA
- This IRA option is available to anyone with any income of any kind or amount.
- Contributions are tax-deductible, and both contributions and earnings are tax-deferred until they are withdrawn.
- Withdrawals are taxed, but they are penalty-free *after* 59 ½ years old.
- Required minimum distribution begins at 72 years old.
### Roth IRA
- This IRA investment option is open to anyone with an income less than the IRS limit.
- Contributions are not tax-deductible, but earnings and withdrawals are tax-free.
- After 59 ½, withdrawals are penalty-free.
- There is no required minimum distribution.
### Coverdell Education Savings Accounts (ESA)
- When the ESA is opened, the beneficiary must be under the age of 18.
- The IRS sets a modified adjusted gross income limit for any given tax year.
- Contributions can be made as long as the individual’s income falls under the current IRS limit.
- The contribution limit is $2000.00 per year with exceptions for children with special needs.
- Contributions are not tax-deductible.
- Earnings are federal-tax-free as long as they are used for qualified expenses.
- Distributions are tax-free as long as they don’t exceed the beneficiary’s qualified education expenses.
- ESA amounts must be used by the time the beneficiary reaches the age of 30 unless the beneficiary has special needs.
### IRA Share Certificates
IRA share certificates offer two benefits: a higher interest rate than a regular savings account and less risk than market-based investments.
**Discovery FCU’s IRA share certificate features:**
- Minimum deposit of $100
- Term options of 6, 9, 12, 18, 24, 36, 48, and 60 months
- Secure fixed rate
- May have tax advantages
- Early withdrawal penalties may apply
## Need Help With Taxes Now?
IRAs are a great vehicle for tax savings, but if you’re looking at a tax bill you can’t afford right now, we can help. Our personal loans offer access to cash for anything you may need at a lower interest rate and with flexible terms.
Don’t put off what you can take care of today. [See what Discovery FCU can do for you](https://discoveryfcu.org/personal-loans/):
### Personal Loan Benefits
- Use the funds for anything you want or need
- Rates as low as 9.24% APR\*
- The maximum loan amount is $40,000
- Flexible repayment terms – up to 60 months
- Fast and easy application process.
[Apply today!](https://discoveryfcu.org/personal-loans/) Not a member yet? See why Discovery FCU is [a great place to be a member](https://discoveryfcu.org/value-2/) – and an investor!
###### \*APY= Annual Percentage Yield, which is subject to change without notice
###### APRs are based on your creditworthiness, term of the loan, direct deposit to a Discovery FCU account, and automatic electronic payments from your Discovery FCU account. A sample $5,000.00 loan payment at 9.24% APR at a 60-month term is $104.38. Loan terms range from 24 to 60 months.
**Categories:** News, Uncategorized
**Tags:** how does an ira work, ira options, iras, personal loans
---
### [Save Money by Refinancing High-Interest Loans](https://discoveryfcu.org/news/save-money-by-refinancing-high-interest-loans/)
**Published:** March 2, 2023
**Author:** ironcore
**Content:**
High-interest loans can be a financial burden that weighs heavily on your budget – and your mind. In today’s economy, many people are struggling with this, and it can make it difficult to make ends meet. Refinancing, however, can help you lower your monthly payments and get back on track financially.
If you are struggling to make payments or simply want to save money, refinancing with debt consolidation loans can be a smart move. In this article, we’ll discuss the benefits of lower-interest personal loans or credit cards and how you can get started.
## What Is Loan Refinancing?
Refinancing is the process of taking out a new loan to pay off an existing loan. The new loan typically has better terms, such as a lower interest rate or longer repayment period, which can make managing your debt a whole lot easier.
## Is Refinancing High-Interest Loans a Good Idea?
### Refinancing high-interest loans can provide several benefits:
- **Lower interest rates:** High-interest loans, such as credit cards or payday loans, can have APRs that exceed 20%. Refinancing with a personal loan or credit card with a lower interest rate can save you hundreds or even thousands of dollars in interest charges over the life of the loan.
Even refinancing an old auto loan can have interest-saving, money-saving benefits. See our article all about [refinancing auto loans](https://discoveryfcu.org/news/should-i-refinance-my-vehicle/) for more info.
- **Lower monthly payments:** A lower interest rate can also result in lower monthly payments, saving you hundreds, even thousands, of dollars in the long run. This can help you better manage your cash flow and free up money for other regular budget expenses.
- **Simplified repayment:** Refinancing multiple loans into one can simplify your life. Instead of juggling multiple payments with multiple due dates, you’ll only have to worry about one.
- **Improved credit score:** Refinancing high-interest loans can also improve your credit score. Paying off high-interest loans reduces your credit utilization rate, which is the amount of credit you’re using compared to the amount you have available. This will make it easier to qualify for future loans.
- **Reduce stress and anxiety:** Finally, refinancing high-interest debt can reduce your stress and anxiety. High levels of debt can affect your physical and mental health. By refinancing to a lower interest rate and consolidating debt, you’ll relieve some of the burden on your budget, reduce your stress levels, and have more peace of mind.
## How Can You Refinance Loans and Pay Off Debt Faster?
Refinancing high-interest loans with a personal loan or a credit card is a relatively simple process. Here are the steps you can take:
- **Check your credit score:** Lenders look at your credit score and credit history when determining whether to approve your loan application. Before applying for a loan, check your credit score and dispute any errors you find.
- **Check out your loan refinancing options with Discovery FCU:** We offer several great choices for saying goodbye to high-interest loans and lowering payments:
- - [Personal Debt Consolidation Loans](https://discoveryfcu.org/personal-loans/): Current rates are as lows as 9.24% APR\* with a maximum loan amount = $40,000.
- [Visa® Platinum and Classic credit cards](https://discoveryfcu.org/credit-cards/): Current non-variable rates are 8.99% APR\* and 12.99% APR\*, respectively.
- [Auto Loan Refinancing](https://discoveryfcu.org/auto/): We offer loan rates as low as 4.24% APR\* (same-day financing available).
- **Apply for a loan from Discovery FCU:** We make it easy to fill out an application online, or if you want, you can book an appointment with us.
- **Pay off your existing loans:** Once you’re approved for a loan, use the funds to pay off your existing high-interest loans. This will close out those accounts and simplify your repayment process.
- **Make regular payments on your new loan:** Make timely payments on your new, low-interest loan to build your credit score and avoid late fees and penalties.
For more information on how we can help improve your finances, [speak to a Discovery FCU representative](https://discoveryfcu.org/connect/contact/) today!
\*APR = Annual Percentage Rate. [View Account Details Here.](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
**Categories:** News, Uncategorized
**Tags:** high interest loans, loan refinancing, lower interest rates
---
### [Last Minute Gift Ideas for Everyone on Your List](https://discoveryfcu.org/news/last-minute-gift-ideas-for-everyone-on-your-list/)
**Published:** December 14, 2022
**Author:** ironcore
**Content:**
It’s the most wonderful time of the year, but it can also be one of the busiest. With the holiday season in full swing, you may find yourself running out of time to find the perfect gift for everyone on your list. Don’t fret! Many stores offer quick shipping or order online and pick-up in-store services, making it even easier to get your gifts in hand. To help you out even more, here are ten last minute gift ideas that will make anyone smile this holiday season.
### 1. Gift Cards
Gift cards are always a good option if you’re stuck on what to get someone. Whether they love shopping at a particular store or enjoy going out to eat, there is a gift card option for everyone. Plus, many stores and restaurants offer digital options that can be emailed directly to your recipient in just minutes!
### 2. Subscription Boxes
Subscription boxes have been all the rage over the past few years and are still a great gift idea. From beauty products to books and everything in between, subscription boxes make it easy to give something special every month or quarter without having to worry about picking out individual items each time.
### 3. Streaming Services
If your recipient loves streaming movies and TV shows, why not give them access? Netflix, Hulu, Disney+, Apple TV+…the list goes on! And with so many options available, you are sure to find something that fits their interests perfectly.
### 4. Books
For those who love reading, books may be just the thing they need this holiday season! There is no shortage of bookstores online where you can find an amazing selection of titles and genres that any reader would love. Plus, with ebooks now available, you can even send them directly to your recipient’s device in seconds!
### 5. Home Decor
Who doesn’t love sprucing up their home? Simple home decor items such as pillows, candles, or a cozy throw are always welcome additions and make great gifts for any occasion. Just keep in mind your recipient’s style so you can pick something that really speaks to them!
### 6. Movie Tickets
Going out for dinner and a movie is always fun, so why not give someone the gift of entertainment? Movie tickets are a great last-minute gift because they can be purchased easily online or at any nearby theater. As a bonus, if your gift recipients have children, throw in some free babysitting to sweeten the gift even more.
### 7. Accessories
You can grab some fun accessories like hats, scarves, socks or handbags for an extra touch of thoughtfulness without worrying about sizes and if it’s going to fit. This is another example where it’s good to have a sense of what the other person’s style is.
### 8. Music Albums/Playlists
Music lovers will appreciate receiving new albums from their favorite artists as well as curated playlists created just for them! It’s also easy to create custom playlists on streaming sites like Spotify, making it an ideal last-minute gift option this holiday season!
### 9. Experiences
What do you get for the person who has everything? It’s not about what you get for them but more about what you can do with them. Make a plan to do something special, whether it’s going to the movies (as mentioned above), a girls’ day out, or maybe catching your favorite sporting event with someone special. The gift of time is one of the most precious things we can give, so why not be intentional, make a plan and have fun!
### 10. Homemade Treats
Baked goods make great gifts, especially if you have a favorite recipe or can whip something up quickly. Whether it’s cookies, cupcakes, or a cake, homemade treats always show how much you care and are sure to be appreciated by those who receive them.
It’s not too late to find amazing last-minute holiday gifts this year — no matter who is on your list! With these ten ideas, you should have no trouble finding something unique yet practical enough that anyone would appreciate receiving this holiday season.
And to help you out with all your holiday shopping, don’t forget to check out the [Discovery Federal Credit Union Visa® Credit Cards](https://discoveryfcu.org/credit-cards/). With benefits such as no annual fee, no balance transfer fee, and competitive interest rates, you can’t go wrong. Plus, members can earn reward points for all merchandise, airfare, hotels, travel packages, and more! Happy shopping!
**Categories:** Products & Services
---
### [Should I Refinance My Vehicle?](https://discoveryfcu.org/news/should-i-refinance-my-vehicle/)
**Published:** June 17, 2021
**Author:** ironcore
**Content:**
Warm days are right around the corner and many of us are ready to take our favorite cars, boats, or RVs out for a much-needed adventure. But if you’re unhappy with the price you’re paying on a monthly vehicle loan to fund your hard-earned wheels, it can take the fun out of those future plans.
Whatever the reason for your unmanageable payments may be, you’ve probably thought to yourself, “Should I refinance my vehicle?” And we’ve got the answers to your question! Check out a few valid scenarios as to why you may want to consider refinancing your auto or vehicle loan.
## Change in Income
No matter when you last took out an auto or RV loan, it’s likely that you agreed on the interest rates and terms based on your financial standing at the time.
For lower monthly payments, you probably opted for a longer-term loan. Or If you thought it would be possible to pay off your vehicle as soon as possible, your current payments are probably higher due to a short-term loan.
Despite the circumstances, if you find your income fluctuating for whatever reason, what you can contribute to a monthly payment will change. Doesn’t that mean you should shop around for a loan that aligns with your budget, too? Refinancing a vehicle loan with Discovery FCU means you can access new rates and terms that better fit your current financial needs.
## Stronger Credit Health
Maybe your credit score has improved since taking out your current auto loan and you’ve made every payment on time. So why do monthly payments still feel so high? No one expects you to have a squeaky clean credit history in order to take out a loan, but you should be rewarded for taking the steps to secure financial stability and finally raise that credit score.
Unfortunately, presenting a newly off-the-charts FICO or VantageScore to your lender won’t do much to improve your current interest rate. But with an auto or recreational vehicle loan refinance, you can think of it as a fresh start!
## Competing Loan Rates
Wondering, “can I refinance my vehicle?” Here’s the short answer. You absolutely don’t have to feel stuck with the monthly payments you owe on a current vehicle loan due to existing interest rates or terms. While every financial institution’s interest rates on vehicle loans differ, if you’re unnecessarily breaking the bank as a result of unnecessarily high rates, it’s definitely time to make the switch.
[Check out our current rates.](https://discoveryfcu.org/rates/)
Maybe interest rates aren’t the problem as much as the life of your current loan. If circumstances have changed since you last took out a vehicle loan for the short term, extending the terms of your current loan can help you save immediately and give you the peace of mind that your monthly payments will be met every month.
**Categories:** News
**Tags:** can i refinance my vehicle, should i refinance my vehicle?
---
### [5 of the Best Campgrounds in PA for the Fall (and RVs)](https://discoveryfcu.org/news/the-best-campgrounds-in-pa/)
**Published:** August 19, 2022
**Author:** ironcore
**Content:**
One thing we know – Pennsylvania isn’t short on picturesque outdoor destinations. From east to west and everywhere in between, we can enjoy nature’s beauty all year round. September and October are perfect times to plan a relaxing, weekend camping trip (maybe even see some autumn colors). So, we’ve curated five of the best campgrounds in PA for the fall season – and RVs too!
## 1. Beaver Family Campground
This [campground in Bucks County, PA](http://www.campbeavervalley.com/Beaver_Valley/Welcome_to_Beaver_Valley_Campground.html) is great for tent and trailer camping – and even has a few cabins. During the summer, you might enjoy the on-site pool, but there is plenty to enjoy in the fall too!
Nearby is [Bucks County River Country](https://rivercountry.net/) for kayaking, tubing, or canoeing down the Delaware River as well as [Nockamixon State Park](https://www.dcnr.pa.gov/StateParks/FindAPark/NockamixonStatePark/Pages/default.aspx) with its hiking and biking trails and a 1,450-acre lake for boating or fishing, and more!
The Beaver Family Campground also hosts activities throughout the season. In October they feature Autumn Days with hayrides and caramel apples and a Halloween Social with pumpkin carving and trick-or-treating.
## 2. Pioneer Campground
This destination in Sullivan County, PA is another [great camping spot for families](https://pioneercampground.com/nsite/). Open from early April to early December, it’s a perfect place to enjoy the fall weather and colors. They offer cottages and cabins as well as tent and RV camping sites.
On-site features include a heated swimming pool, playground, dog park, baseball field, and horseshoes. Plus, they offer events throughout the season. In the fall, they host a Chili Cook-off and Halloween festivities.
Off-site, you can explore the great outdoors at [Worlds End State Park](https://www.dcnr.pa.gov/StateParks/FindAPark/WorldsEndStatePark/Pages/default.aspx) and [Loyalsock State Park](https://www.dcnr.pa.gov/StateForests/FindAForest/Loyalsock/Pages/default.aspx). At Loyalsock you can hike to Jacoby Run Falls or go horseback riding, mountain biking, hunting, or fishing. At Worlds End, you can also hike, hunt and fish, or go swimming and whitewater boating.
###### Worlds End State Park by Pa DCNR
## 3. Black Moshannon State Park
This unique [watershed covering almost 3,400 acres of forests and wetlands](https://www.dcnr.pa.gov/StateParks/FindAPark/BlackMoshannonStatePark/Pages/default.aspx) offers tent, trailer, and cabin camping spots from early April through mid-December. Much of the camping area is ADA accessible as well. Because of its unique environment, you can see wildlife and plants that are typically only seen farther north. You can also enjoy cooler summer days.
In the fall, you can still enjoy hiking its 20 miles of trails and go boating or fishing on Black Moshannon Lake. On October 1st, they host a [Haunted Lake Loop Trail](https://www.facebook.com/events/1226049004824798/?ref=newsfeed) with candy, campfires, and roasted marshmallows. If you visit in the winter, the park also offers ice boating and ice fishing.
## 4. Woodland Campground
This [family-friendly camping spot in Woodland, PA](https://woodlandpa.com/) offers cabins as well as tent and trailer campsites through the end of October. They offer lots of on-site activities throughout the season, including fishing and boating on their lake, hiking and biking trails, an arcade and game room, horseshoes, volleyball, and a playground. They throw events like cornhole competitions, bingo, Oktoberfest, and a Halloween party.
Off-site, you can kayak down the [West Susquehanna River in the Pennsylvania Wilds](https://pawilds.com/journey/west-branch-susquehanna/#!directory/map/ord=rnd) or take a scenic riverwalk. You can also explore Bilger’s Rocks or visit one of the area’s wineries.
###### Cherry Springs State Park by Pa DCNR
## 5. Allegheny River Campground
Close to Pennsylvania’s Grand Canyon is the [Allegheny River Campground](https://alleghenyrivercampground.com/). This full-service Pennsylvania Wilds destination offers RV sites, primitive and glamping campsites, cabins, cottages – even a caboose cabin! They also offer lots of on-site activities, including a heated swimming pool, splash pad, playgrounds, ball pit, mining sluice, stocked river fishing, and tubing.
Off-site, there are [many outdoor wonders to explore](https://alleghenyrivercampground.com/directions.html), including the aforementioned PA Grand Canyon, Austin Dam Memorial Park, Lyman Run State Park (with miles of ATV trails), Susquehannock State Forest, and Cherry Springs State Park, known as one of the best places on the east coast for stargazing.
## The Best RV Loans in PA
Such wonderful outdoor adventures await in our home state – and we’re just scratching the surface of the best campgrounds in PA. There’s so much more to see, do, and stay.
And Discovery FCU can help you do it all in style with our [low-rate RV loans](https://discoveryfcu.org/other-vehicle-loans/). We even offer loans for boats and ATVs! With 100% financing available and terms up to 180 months, there’s no reason not to mark your calendar for some great camping fun right here in Pennsylvania.
[Connect with us online](https://discoveryfcu.org/connect/contact/) or speak with a representative today!
**Categories:** News, Uncategorized
---
### [Road Trip Season: Buying a Car in PA](https://discoveryfcu.org/news/road-trip-season-buying-a-car-in-pa/)
**Published:** July 22, 2022
**Author:** ironcore
**Content:**
Summer is the season for family vacations, and with travel opening back up and airlines struggling with delays and cancellations, many people might opt for a good old-fashioned road trip. Depending on your current set of wheels and your final destination, you might be in the market for a new or used vehicle. Here’s what you need to know about buying a car in PA, especially in the wake of COVID, the supply chain crisis, and, yes, rising inflation.
## Buying a Car Has Probably Changed Forever
Yes, in Pennsylvania and every other state, car shopping has gone through a forced and rapid evolution. First, it was the pandemic – everyone was staying home, no one was going anywhere, and cars were sitting idle in driveways all over the country. Then, life slowly returned to semi-normal. Now, the problem was manufacturing playing catch up and the ramifications of shut-downs all over the world.
Now, car makers and dealers had to deal with a supply chain crisis, especially the infamous computer chip shortage. This crisis was compounded by rising consumer demand for new cars. In one year, [inventory dropped 60% and prices rose 28%](https://money.com/how-to-buy-a-car-in-2022/).
With all this going on for the past two years or more, dealerships had to find different ways to sell cars, and some of these ways are probably here for good. The CEO of Ford has publicly noted the cost incentive for manufacturers to reduce inventory at the dealerships and shift more buyers online. For [electric vehicles](https://arstechnica.com/cars/2022/06/ford-wants-to-sell-evs-online-only-with-no-dealer-markups-says-ceo-farley/), he wants this to be a total digital experience with no dealer markups or price negotiations.
“We’ve got to go to non-negotiated price. We’ve got to go to 100 percent online. There’s no inventory (at dealerships), it goes directly to the customer. And 100 percent remote pickup and delivery.”
## Virtually Buying a Car
On that note, the market has largely adapted to long-distance, online shopping for cars. This has grown way beyond just browsing through a manufacturer’s various specs and pics and videos, or scrolling through a dealership’s current list of new and used vehicles.
Now, from start to finish, you may never actually have to step foot on a lot. Virtual test drives are now an option, and many services, dealers, and makers are offering to bring the model you’re interested in straight to your door. You can test drive it at home and even buy it right there in your driveway.
## Tips for Buying a Car in PA
Before purchasing a car though, there are some due diligence steps that you need to go through – supply chain crisis or not:
- #### To Trade-in or Not to Trade-In?
[Used car prices have jumped 50%](https://fortune.com/2022/06/11/used-cars-new-prices-inflation-market/#:~:text=Surging%20car%20prices%20have%20become,big%20contributor%20to%20the%20rise.) since the beginning of the COVID-19 pandemic. Sometimes a used car might be even more expensive than its newer model. People are finding that their current car has more value now than when they first purchased it. Check out your current car’s trade-in value. You might be happily surprised – and it could go a long way toward lowering the cost of your brand new vehicle.
- #### Just Sell Your Old Car Outright.
Because of the crazy used-car market, it might do you some good to sell it vs trading it in. [Shop around](https://money.com/how-to-buy-a-car-in-2022/). See if you can get more for selling your car outright before agreeing to the trade-in offer from the dealership.
- #### Set a budget.
Know your limits. Know [what you can afford monthly](https://www.kbb.com/car-advice/how-to-buy-a-car-online/) – including auto insurance and estimated fuel costs. Also, factor in taxes and [registration in your area of Pennsylvania](https://www.dmv.pa.gov/Information-Centers/Payment/Pages/Payments-and-Fees-Page.aspx). (Another bonus for trading in your old car? You’ll only pay taxes on the difference between the trade-in value and the new car purchase price.)
- #### Research, research, research.
Knowledge is power. Compare models, read up on consumer reports, watch videos from owners, remember to check on important factors like mileage, maintenance, and consider what you’ll use it for. Do you need lots of cargo space for outdoor adventures? Do you need less space and more miles to the gallon for frequent city driving?
Plus, in this dealer’s market (and expanded online options) it may do you some good to broaden your research beyond your little corner of PA. Since many sellers will deliver to your door, it may literally pay to shop 20, 50, or even 100 miles outside your zone.
- #### Be Flexible. Be Fast.
Limited inventory and the widespread changes in buying a car mean that you need to be prepared. One way is to [adopt an attitude of flexibility](https://money.com/how-to-buy-a-car-in-2022/). Experts suggest having more than one choice of model and definitely being flexible on trim options like color, etc. The other is to be ready to move fast. Once you find the vehicle that matches your wants and needs, you have to quickly seal the deal or risk losing your pick.
- #### Get Pre-approved Before Buying a Car.
The best way to be ready to sign is to [get pre-approved for a car loan](https://discoveryfcu.org/borrow/auto/). Note: You will usually get a better deal from a community credit union – **like Discovery FCU** – than from the dealership.
Our auto loans can be accomplished completely online – from start to finish – and same-day approval is even available. We also offer:
- [Low-interest rates](https://discoveryfcu.org/rates/) – even still!
- Terms up to 84 months
- Same rates & terms for new and used auto loans model year 2013 and newer *(other rates apply for older models)*
- Make no payments for 90 days
- Electronic signatures accepted for loan closing
So, make the most of your summer. [Apply for a new or used car loan](https://discoveryfcu.ecutechnology.com/LoansX/Selection) with Discovery FCU, and hit the road for that vacation you’ve been waiting for!
**Categories:** News, Products & Services
---
### [3 Jar Allowance For Kids](https://discoveryfcu.org/news/3-jar-allowance-for-kids/)
**Published:** June 16, 2022
**Author:** Marketing
**Content:**
The sooner you teach your children the basics about budgeting, the better, and the 3-jar money system is a great way to get started.
## Kids and Money
To learn how to manage money in the 3 jar system, kids need some money to manage. How they get that money can vary. Some children earn cash by doing small jobs for friends or neighbors. Others start a career as an entrepreneur by opening their own lemonade stand or starting a window-washing business. Still, others are given regular amounts of money from their parents as an allowance. However, your child earns or receives money, remember to use it as a teaching tool. If done correctly, money can help a child learn to create a spending plan and live by it.
## What should I give an allowance for?
If you decide to give your children an allowance, you’ll have to determine whether it will be contingent on them completing certain tasks or not. Those tasks could include regular chores like keeping their room clean or something more extensive like weeding the yard or getting certain grades at school. As a fair warning, requiring your child to “earn” their allowance in this way is a topic of heated debate, so it’s worth doing some research and weighing what you’re comfortable with.
The biggest factor in determining how much allowance is appropriate for your child is what you expect them to use this allowance for. If it’s intended to only cover small treats or contribute toward saving for a long-term goal, the amount can be fairly small. If you expect an older child to use some of the allowances for necessities, like clothing and school supplies, they’ll need more.
## The 3 Jar Money System
The 3 jar system is a popular way to begin teaching children how to budget. With this system, you give your child three clear jars, each representing a different fund: spending, saving, and giving. The child will then divide their money into the jars with your guidance. Budgeting their money in this way teaches children to actively plan for their current and future wants. Encourage your child to stick to their budget. If they fall short in one category, the goal is to help the child modify their behavior or budget instead of pulling from another jar. For example, if your child would like to spend more money than they have in the spending jar, they should re-prioritize their wants, earn more money, or rethink their budget instead of pulling from the saving or giving jars.
### The Saving Jar
The saving jar teaches kids to set and work toward goals. This shouldn’t be money put away for a nebulous purpose. It should be specific. Does your child want to save up for a new game? Or perhaps a certain toy? Help your child determine what they want and then, every time they go to separate their money into their jars, remind them that the more money they’re willing to give up now, the sooner they can reach this goal.
It could help to create a general “rule” with your child, like 30% of their money should always go to saving, or for every $2 in the spending jar, one should go to saving—however, you and your child decide to prioritize and divide the money is fine. The goal is to impart the importance of saving and begin building the habit.
### The Spending Jar
The spending jar is all about what kids want to buy now. This is how they finance little things like candy bars or trinkets at the grocery store. This budget can also include budgeting for bigger things like clothing, school supplies, or even food if you decide you want your child to pay for some of those things themself. Just remember that you need to give them an avenue to earn the money to cover whatever you expect them to pay for.
### The Giving Jar
The giving jar encourages children to think about others. Help them choose a cause that’s important to them, perhaps a charity that supports an animal they like or a Secret Santa fund for a family in your community. The giving jar can also go toward gifts for other people—a birthday gift for a friend, a thank you present for a teacher, etc. When it comes time to donate the money they’ve saved, do your best to find a way to show them the impact of their generosity. Even a little goes a long way, and this is a great way to teach that principle.
### Optional 4th Jar for Investing
Another option is to include a 4th jar dedicated to investing. The idea is for your child to set the money aside and you to help them invest it, perhaps by buying a few shares with their money in your portfolio. This crucial life skill helps people build their wealth and secure their future. Unfortunately, the idea of investing is intimidating to many, especially when you understand the potential for loss. While it’s always important to be careful, learning the basics early will help increase your child’s confidence and start them off on the right foot. If you feel unsure about how to start teaching about investing, check out this article about [teaching children about money](https://discovery.teachbanzai.com/wellness/resources/teaching-children-about-money).
## Moving Forward
Once your child gets the hang of the 3 jar money system and begins to master general budgeting concepts, the next step will be to bring them, and their jars, into a local financial institution to open their first account. This will give you the chance to teach them about interest and how storing their money at a bank or credit union will keep it safe.
With the money in an account, you can then help your child create more categories for their budget. Can they divide their spending budget into further categories? Can they create a fund for each individual savings goal? The three-jar system is just the beginning of a lifetime of careful budgeting and money management.
This article has been republished with permission. View the original article: [3 Jar Allowance For Kids](https://discovery.teachbanzai.com/wellness/resources/three-jar-allowance-for-kids).
**Categories:** News
---
### [The Cost of College Life](https://discoveryfcu.org/news/the-cost-of-college-life/)
**Published:** June 16, 2022
**Author:** Marketing
**Content:**
One of the many mysteries of college, especially freshman year, is what being there is actually going to cost. Sure, you know there’s tuition. But how much will you need to make it through the first semester? The first year?
Here are what to plan for first: the start-up costs of being a college student.
## Starting Out
Typical start-up costs include a lot of different things, but a good place to start is school supplies—consider the following:
- Laptop or tablet
- Textbooks
- Class, lab, and studio fees
- General school supplies like notebooks and pencils.
Consider these purchases if you’re moving into a dorm or apartment for the first time:
- Bedding and towels
- Furniture such as a desk, bed, dresser, couch, or dining room table
- Dishes, cutlery, pots, and pans
- Small appliances like a blender or toaster
- Groceries
You may have some things already, like a laptop or bedding. This can reduce the cost of pre-school shopping. It’s always great to avoid buying something that you’ll only need for a year or two. To help make the initial cost a little easier, it’s wise to focus on the essentials first and then build up to the “nice to have” items as you go. That way you’ll have enough to get started but won’t be stuck with the bill for everything at once.
[Click here](https://teachbanzai.com/wellness/resources/cost-of-college-coach)
## Everyday Costs
Heads up: You might be amazed at how fast cash can disappear if you’ve never lived on your own before. The sheer amount of things that you’re suddenly responsible to pay for can be overwhelming. Making a budget will help you spend your money mindfully. Consider starting your budget by splitting your income into three sections: needs, wants, and savings.
A need includes the every day or vital things that you need to survive like food, utilities, toiletries, and laundry. Your wants are the other things that can make your college life fun but can be cut in a pinch. Things like event tickets, eating out, and other entertainment options often fall in this category. Finally, it’s wise to dedicate part of your budget to an emergency fund and long-term savings every month.
[Click here](https://teachbanzai.com/wellness/resources/create-a-budget-coach)
Being aware of what you’re doing with your money can encourage you to save and help you get what you want out of the money you have available.
## Coordinating with Roommates
Colleges often give new roommates each other’s contact information before school starts. If you have the chance, be in touch and figure out how you can share expenses—and avoid duplicating efforts. That can help you avoid ending up with two mini-fridges and no coffee maker.
## Messy Money Moments
You splurged and bought a new microwave for your dorm room. But when you show up with your stuff on the first day, turns out you’re actually not allowed to have a microwave in your room. And, you didn’t keep the receipt, so there’s no way to return it and get your money back.
Receipts may seem like a waste of time—another scrap of paper in your pocket or another email clogging up your inbox. But it’s important to keep all your receipts for new stuff until you’re fully moved in and know what you’ll really need. Otherwise, you’ve spent part of your precious budget on things you can’t use.
[Click here](https://teachbanzai.com/wellness/resources/fafsa-coach)
## Unavoidable Costs
Some costs are fixed by the contracts you sign—like your phone agreement or rent. It works in your favor that these costs are the same amount every month because you can plan for them. But if you don’t pay them in full, you’ll eventually find yourself without a phone, or much worse, with no place to stay.
There are often ways to reduce fixed costs. For example, staying on your family’s phone plan may be cheaper than having your own account, provided the service is good in both locations. Adding another roommate will reduce your rent (though it might be a little crowded).
Other costs are variable and change from month to month. You’ve got a little more flexibility with these costs—like food and clothing—since you can always cut back if you’re running short of cash. One solid way to reduce costs is to get serious about sustainability. Refilling a water bottle is cheaper than buying bottled water and way better for the environment.
Being a college student often requires working on a tight budget, but thoughtful budgeting choices can make it much easier to cover your expenses and enjoy this unforgettable experience.
**Categories:** News
---
### [Longtime CEO & President of Discovery FCU, Ed Williams, Announces Plans to Retire](https://discoveryfcu.org/news/longtime-ceo-president-of-discovery-fcu-ed-williams-announces-plans-to-retire/)
**Published:** June 10, 2022
**Author:** Marketing
**Content:**
### **After 26 years of service to Discovery Federal Credit Union, its members, and the national credit union movement at large, Edwin L. Williams, CPA, CUDE, has announced plans to retire from his position as Discovery Federal Credit Union’s President & CEO by the end of the year.**
Operating with the benefit of advanced notice of William’s retirement plans, Discovery Federal Credit Union’s Board of Directors has formed a committee to conduct a comprehensive search for his successor. Williams will continue to serve as President/CEO while the search is ongoing, and will work with his successor and the Board on a transition plan when a decision is made. The Board expects to name a successor in the coming months. The search for a successor candidate will be conducted by Hubric Resources.
Williams began his career at Discovery FCU, then known as Reading Works Federal Credit Union in 1997 as the President/CEO. At that time, the credit union had approximately $46 million in total assets and served 4,500 members. Today, Discovery FCU has over $180 million in total assets and serves nearly 9,000 members.
##### **As the second CEO in Discovery Federal Credit Union’s 63-year history, Williams has orchestrated the transition of Discovery FCU from being a small, occupational-based credit union for the employees of AT&T Technologies with limited services, to a thriving community-based credit union serving all of Greater Reading and Berks County, Pennsylvania offering a full suite of products, services, and technology that compete with the largest of financial institutions.**
Under his pioneering leadership, the credit union has undergone a name change, charter conversion, rebranding, construction of new headquarters and most recently major branch renovations, three mergers, a core conversion, two online and mobile banking conversions, the introduction of a multitude of products and services to meet the changing needs of its member-owners and the transformation to a digital-first strategic growth strategy.
All through this expansion, his team has taken great pride in continuing to provide world-class service to all its member-owners and serving them the way they deserve to be served.
During his tenure, Discovery FCU consistently achieved high member satisfaction scores, received numerous industry awards, and local and national honors, and has been recognized as one of the Top 200 Healthiest Credit Unions in America for the past three consecutive years by DepositAcccounts.com
##### **“As I close my chapter with Discovery FCU, I am proud that we are a healthy, high-performing Credit Union,” said Williams. “In my role as a leader, I am fortunate to have worked with so many talented and passionate employees, volunteers and Board of Directors who helped create a forward-thinking organization focused on delivering exceptional service for the betterment and benefit of our member-owners. As I step back to spend more time with my wife, children, and grandchildren, I look forward to seeing the exciting ways Discovery FCU will continue to grow and innovate in the years to come.”**
Williams has made a profound impact on the credit union community locally and nationally. He has served on the Credit Union National Association Board of Directors, the National Credit Union Foundation Board of Directors, the Pennsylvania Credit Union Foundation Board of Directors, the CrossState Credit Union Association Awards Committee, The Federal Reserve Bank of Philadelphia Council, the National Credit Union Association Awards Committee, the Greater Berks County Food Bank Board of Directors, the St. Ignatius Loyola Finance Committee, the BCIAA Volleyball Officials Board, the Greater Reading Chamber of Commerce Business Community Advocacy Council, testified before the House Financial Services Committee and participated in several political events advocating for and on behalf of the credit union movement.
##### **In 2020 Williams received the distinguished William W. Pratt Professional of the Year Lifetime Achievement Award by the CrossState Credit Union Association.**
“Ed is a visionary leader, a steward of credit union principles and values, and a respected mentor and friend to the countless colleagues he has touched over the course of his career. His impact on Discovery Federal Credit Union, the Berks County community, and the national credit union industry truly cannot be overstated. On behalf of the Board of Directors, Supervisory Committee and Discovery Federal Credit Union’s entire community, I wish him well on his retirement,” said Robert Shaner, Chair, Discovery Federal Credit Union Board of Directors.
**Categories:** News
---
### [Selling Your Home](https://discoveryfcu.org/news/selling-your-home/)
**Published:** May 20, 2022
**Author:** Marketing
**Content:**
Whether you need some more space, are ready to downsize into something a bit more manageable, or are relocating to a new place, you should prepare for the emotional and financial impacts of selling your home.
## The Costs of Selling
In most cases, there are substantial costs in selling real estate that reduce the amount you realize on the sale. If you use a real estate broker, as many sellers do, you’ll owe a commission on the sale price. Rates vary by geography and the state of the economy, so you’ll want to contact a number of brokers in your area to be sure you’re not overpaying. You may also be responsible for certain closing costs, depending on the terms of the sales contract. There’s not a consistent rule about who pays for specific expenses, such as termite inspection or title searches.
[Click here](https://teachbanzai.com/wellness/resources/cost-of-living-calculator)
There’s more flexibility in how much work to do on your home once you’ve decided to sell. There are two schools of thought. One says that the better a property looks, the more attractive it is to buyers. So some new paint and a general fix-up will probably pay for themselves with quicker sales and higher prices. The opposing view is that most buyers will have their own ideas about how they want the home to look, so anything more than ensuring the home is clean and uncluttered isn’t worth the bother or the cost.
If there are major problems, though, like a bad roof or an aging furnace, you may have to pay for the repair or lower the sales price in negotiating the final contract. It’s hard to tell which way you’ll come out ahead.
## Figuring Capital Gain
When you sell a home you’ve owned for a long time or during a period of rising home prices, you may have a capital gain. In other cases, you may have a capital loss. You calculate the gain or loss in several steps:
1. You determine the sales price and then subtract the expenses of selling the property. The result is your adjusted sales price or amount realized.
2. You calculate your total basis, also called your cost basis. This includes the amount you paid for the property originally, plus fees and closing costs, as well as what you have spent on construction, renovations, improvements, or repair. The list of qualifying improvements is impressively long and includes, among other things, interior and exterior upgrades, additions, heating and plumbing systems, landscaping, and fencing. You can find the details, along with other valuable information, in IRS Publication 523, “Selling Your Home.” In some cases, the basis may need to be reduced, or adjusted, by figuring in certain tax credits, insurance settlements, or other payments.
3. You then subtract the adjusted total basis from the adjusted sales price to find your capital gain or capital loss. If the transaction produced a gain, you must determine if any of that gain is taxable.
You should be aware, though, that you may have to make an adjustment to the total basis if you sold one or more homes before 1997 but none since. Prior to that date, if you reinvested in a more expensive home within two years of selling your home, there was no tax on any capital gain you realized. However, when you sell this time, you’ll have to subtract the accumulated profit on which you deferred paying taxes in determining the adjusted total basis.
## Are Taxes Due?
The law provides a tax break on the sale of your primary residence if you’ve lived in the home for at least two of the five years before you sell and pass the other qualifying tests. Specifically, if you’re single, the first $250,000 of capital gains is excluded from tax. That number doubles to $500,000 if you’re married and filing a joint return. You may qualify for the larger exemption if your spouse has died within the two years prior to the sale.
If you used part of your home for business or rental you usually don’t qualify for the full exclusion. The same applies if you haven’t occupied your home for the required two-year period and don’t meet one of the allowable reasons for not doing so. Even in these cases, however, a portion of your gain may still qualify for tax exemption, though determining that number requires a detailed calculation.
In most cases, if you have a taxable gain that is less than the exempted amount, you don’t have to report the sale of your home on your tax return, though you may choose to do so. Other income from the sale such as the sale of personal property that will remain in the home may have to be reported, though, so you should always work with your tax advisor to ensure you’re reporting the correct amount.
**Categories:** News
---
### [Identity Theft](https://discoveryfcu.org/news/identity-theft/)
**Published:** May 20, 2022
**Author:** Marketing
**Content:**
The best way to prevent identity theft is to stay informed, aware, and on top of your finances. By taking the proper precautions and acting quickly, you can help negate the impacts of attempted or successful identity theft.
## Precautions
Thieves can use your name, credit card number, and Social Security number to assume your identity, spend your money, or make you liable for debts and charges. Unfortunately, almost 18% of Americans have been subject to ATM, debit, or credit card fraud, according to The Pew Research Center.
With credit cards in particular, your cash liability is limited and relatively easy to resolve. For instance, both Visa and Mastercard have created zero-liability policies, so you’re protected in cases of identity theft. But your creditors may assume you are at fault for unpaid bills until you can prove otherwise. That takes time, as does straightening out the records. And you may have to reestablish downgraded credit ratings. To prevent that, keep the following tips in mind:
- Be very cautious about giving people—even friends—your key numbers and information, since they might be less careful than you.
- Don’t make theft easy—choose unique PINs, and avoid using your Social Security or other easily identifiable number combinations.
- Don’t write PINs on cards or keep them in your wallet.
- Check your credit card bills carefully to be sure you authorized all of the charges.
- If you do lose your cards or codes, make sure you have a list of the relevant numbers in a secure place, along with ways to invalidate missing cards, passwords, and other important information.
- Written or printed records or notes can be found by anyone, so make sure you tear up receipts before you throw them away.
## Internet Fraud
Scammers will often use the internet to steal your information. The best way to avoid the fraud trap is to buy only from reputable companies. Before you enter payment or other sensitive information online, check for an **SSL certificate** by looking for a lock symbol and “https” in the address bar. This means that the information on the site is encrypted and will be much safer.
Be careful of links that seem suspicious or odd, even if they were sent to you by a person or company you know. It’s possible that their account was hacked or that a scammer is impersonating the company. They may include a **phishing** link that, once clicked, allows the scammer access to your information or downloads a virus onto your device.
Scam artists may try to convince you to give them your information in exchange for special deals or rewards. Hard sells that demand instant action or payment should be treated with extreme caution. If something seems too good to be true, it probably is.
## Telemarketing
You’re probably familiar with phone calls offering you free trips, discounted magazine subscriptions, and other special offers. These calls are the most common form of telemarketing, and they’re extremely common in the US. Many telemarketing calls are completely legitimate. But according to the National Consumers League, at least 92% of Americans have received a fraudulent telemarketing call—and older women are often the targets.
How do you avoid illegal telemarketing schemes? First, try to deal only with companies you’re familiar with or have done business with in the past. If you get a call from a company you don’t know, ask them to send you information in the mail regarding their products or the specific offer. Before you agree to buy anything over the phone, it’s a good idea to have the offer in writing.
And, perhaps most importantly, experts advise that you don’t give out the following information over the phone to anyone except companies you trust, and only for necessary transactions:
- Bank account information
- Credit card numbers
- Social Security number
If you receive a telemarketing call that you suspect is fraudulent, you can report it to the Federal Trade Commission (FTC) by filing a consumer complaint form. For more information, you can call the FTC at 1-877-FTC-HELP.
## Next Steps
If you want to learn more about fraud and how it can affect your financial security, check out the National Consumer League’s Fraud Information Center’s website at [Fraud.org](http://www.nclnet.org/fraud_org_content).
If you suspect that your identity has been stolen, the faster you act, the better. If a specific account, such as your credit card or bank account, has been compromised, the first thing to do is to contact the company or lender to let them know. They can help you stop additional charges or money being used in your name. Next, visit [Identitytheft.gov](https://www.identitytheft.gov/). This site will walk you through how to report the theft and recover from it.
This article has been republished with permission. View the original article: [Identity Theft](https://discovery.teachbanzai.com/wellness/resources/identity-theft).
**Categories:** News
---
### [College Budget Breakdown](https://discoveryfcu.org/news/college-budget-breakdown/)
**Published:** May 20, 2022
**Author:** Marketing
**Content:**
Most people ask, “How much does college cost?”—that’s the first mistake. It’s not to say this question isn’t answerable, but grouping college into one huge expense can be a little deceiving.
The cost of a degree is so much more than a singular bill—especially if you factor in questions like where you’ll be living, how you’ll get from point A to point B, and how you’ll satisfy your hunger for food and fun. Understanding and noticing how little things influence the final cost of college is extremely important.
Breaking down college expenses is the first step in creating an accurate and successful budget. Each collegiate expense can be put into the category of either fixed or variable. After some practice, it’s easy enough to spot the difference:
**Fixed Expenses** are recurring costs that can rarely be changed, meaning you know what to expect when the bill comes around.
**Variable Expenses** are costs that fluctuate monthly in price. Since variable expenses change, it’s important to stay flexible and track your expenses month-to-month. Let’s take a look at some examples of fixed and variable expenses and how you can account for them in your budget.
[Click here](https://teachbanzai.com/wellness/resources/budget-calculator)
## Fixed Expenses
**Housing**
Rent is often the biggest fixed expense in a monthly budget. You sign a contract to pay, let’s say $800 a month, and your landlord has no right to change that price—it’s fixed (see where we’re headed here?).
**Tips:**
Try to live in a place that’s affordable and safe. If the rent is almost nothing but the crime rate is high it’s probably not worth the trade-off. If you don’t have enough money to pay for a nice place, living with roommates can be a great way to compensate for a lack of funds to support a nicer place. Another big help toward housing costs can actually come from your college. Work-study programs sometimes include options to help pay for room/board, so contact your school’s financial aid office and get details on what options they have available.
**Utilities**
You’ll find amenities like gas, water, and electricity are not always included in the monthly cost of rent. Meaning there will be an added amount for amenities of anywhere from $25 or more. For college students, this price is often fixed, but it could be a variable expense, meaning it changes in price each month.
**Tuition**
The cost of tuition depends entirely on where you want to go. For example, out-of-state tuition can be double the price of in-state tuition, meaning you’re paying double for your education. Out-of-state tuition for public universities averages to be roughly $26,427 while in-state tuition is $9,308. Private schools will almost always be more expensive, increasing to an average of $32,410 per year. Depending on the state, you could potentially live in the state for some time, become a resident, and avoid paying out-of-state tuition costs.
**Tips:**
Paying for tuition can be a challenge. Ideally, you would be able to cover the majority of this cost through scholarships or financial aid (such as the FAFSA). There are thousands of unclaimed scholarships out there just waiting for someone to apply for them. If those sources won’t be enough, you’ll likely need to take out student loans. Loans will give you the money you need right away, but it comes with a larger cost later. Use loans cautiously and only if absolutely necessary.
[Click here](https://teachbanzai.com/wellness/resources/cost-of-college-coach)
**Transportation: Bus, Car, Gas**
General maintenance fees for a car alone could be enough to convince you to consider using public transportation. Some colleges provide either a discount or free bus passes so you can ride the bus. If you choose to drive yourself, don’t forget about parking fees. These could range anywhere from $40 to $2,500 per semester depending on what college you’re attending. That’s not even the cost of a year!
## Variable Expenses
**Books/Study Materials**
Don’t forget, it doesn’t just cost money to go to class. More often than not, the study materials aren’t provided in the overall cost of tuition. Though it might be exciting to buy all of your college books at once, fresh out of the packaging, sometimes it’s best to wait until after the first day of class to decide how to go about buying your textbooks. Some professors will tell you the textbooks listed for the class aren’t mandatory, or they might also provide pdf versions for you.
**Tips:**
It’s also a good idea to check and see if they provide any of your textbooks in the school library. If you enjoy doing your homework at the library, odds are it won’t be too much of a hassle to rent it out when you need it.
**Food**
Everyone needs to eat! Though it might be tempting to eat out at restaurants every day, remember, most cheap fast food restaurants cost an average of $5-$10 per meal. Eating out once a day adds up to roughly $150-$300 dollars a month which is the same average cost for a full month of groceries that will feed you three times a day.
**Tips:**
Some schools will also offer meal plans that allow you to eat a certain amount of meals at a cafeteria or give you a reloadable charge card to use on campus. While this may be convenient, you should be careful to ensure you aren’t spending more on the meal plan than you would otherwise.
**Personal Care**
This is anything from bathroom supplies to clothes. When it comes to hygiene products, sometimes buying in bulk can save you a lot of money. But if that’s not an option, you can reduce this expense by purchasing products on sale or using coupons.
**Entertainment**
Yes—entertainment. Everyone needs to save a little money for themselves, there’s no shame in it. Typically, entertainment shouldn’t be more than 10% of your income—that’s the safest way to make sure you’re not overspending.
What this all comes down to…
Ultimately budgeting is the best way to prepare for the cost of independent college living. Understand the expenses and know what sort of income you’ll need in order to successfully support yourself.
**Categories:** Products & Services
---
### [Our Newly Renovated Lobby is Now Open!](https://discoveryfcu.org/news/grand-reopening/)
**Published:** April 7, 2022
**Author:** Marketing
**Content:**
### **Our Newly Renovated Lobby is Now Open!**
We recently completed major branch renovations to enhance our well-known personalized service by expanding our service options for our member-owners. When a member visits Discovery FCU, they can choose the way they want to be served. When you walk through our automatic doors, you are instantly greeted by a highly trained and knowledgeable Discovery FCU Member Experience Advisor. If you want a traditional over-the-counter transaction, you can conduct business at our welcome center, if you desire a one-on-one conversation or consultation, we have member service spots for sit down service, and if you’re in a hurry and you want a quick in-and-out interaction, you can use our self-service kiosk. Plus, we have a full-service lending department to fulfill your lending needs from start to finish. We’re also developing technology to serve our members with touch screen ELOs.
Stop by and check out our new look! We’re celebrating our grand reopening during the month of April with special goodies and contests in the lobby.
**Categories:** News
---
### [Discovery Recognized as one of the Top 200 Healthiest Credit Unions in America](https://discoveryfcu.org/news/discovery-recognized-as-one-of-the-top-200-healthiest-credit-unions-in-america/)
**Published:** October 4, 2021
**Author:** Marketing
**Content:**
### Discovery Federal Credit Union named one of the Top 200 Healthiest Credit Unions in America
Discovery FCU recently received an A+ financial health grade and was named one of the Top Healthiest Credit Unions in America for 2021 by DepositAccounts.com, a subsidiary of LendingTree.com.
“It is such an honor to have Discovery FCU recognized among the top 200 healthiest credit unions in America,” said Ed Williams, CEO/President – Discovery FCU. “Our member-owners trust us with their money and we don’t take that responsibility lightly. Being named to this list and receiving an A+ financial health grade recognizes our efforts to maintain a strong credit union and keep our members’ funds safe and sound.”
DepositAccounts.com evaluates the financial health of every federally insured bank and credit union in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.
“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com “Our list empowers consumers to make informed decisions when selecting a financial institution.”
For a complete listing of the 2021 Top 200 Healthiest Credit Unions in America, visit .
**About DepositAccounts.com**
DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposit product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.
**Categories:** News
---
### [Discovery Federal Credit Union VP/CIO Named 2021 Credit Union Rock Star](https://discoveryfcu.org/news/discovery-federal-credit-union-vp-cio-named-2021-credit-union-rock-star/)
**Published:** September 29, 2021
**Author:** Marketing
**Content:**
Michele Smith, Vice President/Chief Information Officer of Discovery FCU, is among 31 credit union professionals and volunteers named as 2021 Credit Union Rock Stars by the editorial team of Credit Union Magazine
The Credit Union Rock Stars program recognizes motivated, talented, and creative credit union leaders in every discipline from marketing to finance to information technology to community development who use their unique strengths to advance the mission of their credit union and the credit union movement as a whole.
“Michele has been instrumental to Discovery’s growth, innovation, and dedication to serving our members,” states Edwin Williams, CPA, CUDE – President/CEO of Discovery FCU. “Michele joined our team over 20 years ago and has been trailblazing us forward with technology and strategic ideas ever since. We always knew Michele was a Rock Star and we’re very proud that she made the 2021 class of Credit Union Rock Stars.”
Smith has led the credit union through a major core conversion, two online banking conversions, multiple products and service enhancements, and three mergers. Her technical expertise enabled Discovery to nimby meet the challenges of the pandemic. She not only helped equip the credit union’s employees with the technology and support they needed to work from home, but she also trained them to ensure they could continue serving members effectively.
Other forward-thinking initiatives included video banking and an online appointment scheduling system to enable social distancing as well as virtual meetings for the credit union’s board, staff, and members. The credit union is currently undergoing major branch renovations to deploy new self-service technology, ELOs, and iPad banking performed by Universal Associates to assist members throughout the entire lobby.
Fittingly, Smith has led these initiatives remotely from her home office in North Carolina. She joined Discovery in 2000 and has been telecommuting since 2007.
Smith’s heroes are her credit union team members. “I’ve been fortunate to work with some amazing people who are service-minded, caring, empathetic, and strive to go beyond expectations,” she says. “These are all critical qualities in supporting the credit union’s mission.”
To read more about the CUNA Rock Stars, visit .
**Categories:** News
---
### [Organize Your Finances for the School Year: Savings Accounts for College Students](https://discoveryfcu.org/news/savings-accounts-for-college-students/)
**Published:** July 22, 2021
**Author:** ironcore
**Content:**
We’ve all heard the term “broke college kid” once or twice in our lives, and attending school without a full-time job certainly justifies why it can be difficult to grow your savings. Whether you’re currently enrolled in classes or preparing to leave the nest, achieving financial stability is probably on your mind.
Sustainable saving, spending, and budgeting habits are all a learning game, but it certainly helps to have the financial tools necessary to put away as much money as possible for your future. Learn more about organizing your finances for the school year with savings accounts for college students and a few budgeting practices.
## Start an Emergency Fund
If you’ve found yourself transferring from a main savings account to your checking far too often, it might be time to set up an emergency and/or rainy day fund. While it can be tempting to view your savings as easily accessible cash, the ultimate goal is to watch it grow without needing to extract funds.
With a second basic savings account, you can focus on saving for the long haul *and* saving for any future emergencies that may arise. Examples of reasons as to why you may need to extract from this fund could include anything from an unexpected need for a new laptop to a medical bill.
Or you could even start contributing a rainy day fund — never a bad idea to have some extra cash to finally take that backpacking trip between semesters!
## Automate Your Transfers
At Discovery FCU, we like to say, “A little grows a long way.” And this couldn’t be more applicable to the budgeting method of scheduling automated transfers from your checking to savings. Make saving a part of your routine by dedicating a certain amount of cash to your savings account weekly, bi-weekly, monthly, or even every other month. No number is too small!
Compare it to those automated payments extracted from your checking account each month for utilities, memberships, etc. While a careful review of your spending habits is essential, sometimes you don’t even realize that you’ve been charged until weeks later. There’s nothing more rewarding than checking up on your savings account and realizing that it’s growing automatically. Plus, you can always adjust your transfers based on your evolving financial needs.
## Clean Up Your Budget
Summer internships and gigs in between semesters are a great way to gain experience and pick up some extra cash before class is in session. Many students even opt for part-time jobs during the year if they can swing it. But let’s face it — attending college *is* a full-time job. Which brings us to the question, how can you contribute to savings if you have little to no income?
Start by re-thinking your budget. Without a stable source of income, it can be frustrating to feel like all you’re doing is losing money throughout the year. However, a quick peek at how you can cut back on weekly spending can save you a lot over time — replenishing your checking and savings accounts with cash you may not have realized you had.
Minor lifestyle changes like choosing to make coffee at home instead of purchasing it or canceling that streaming service you never use will allow you to attribute those extras to where you need them most — your savings account.
## Review Your Accounts Frequently
Now that you’ve automated your transfers to savings and tidied up your budget, the monetary gain in your accounts has probably encouraged you to keep it up! There’s no shame in getting just a little bit competitive with yourself when it comes to finances. Think, “What can I do next month to put away the same amount, if not more?”
Keeping a regular eye on your checking and savings accounts is the best way to monitor your progress. And if an overspend or two happens after finally acing that chemistry course — no worries. You’ve now got the tools you need to get back on track to savings growth next month. With [digital banking from Discovery FCU](https://discoveryfcu.org/upgrade/), you never have to wonder about the status of your spending. Monitor accounts online or from our mobile banking app with just a click of a button.
Prepare for next semester with a financial institution that has your back. [Open a savings account](https://discoveryfcu.org/save/basic-savings/) with Discovery FCU today!
**Categories:** News
**Tags:** budgeting for students, savings accounts for college students
---
### [Unemployment Fraud is on the Rise](https://discoveryfcu.org/news/unemployment-fraud-is-on-the-rise/)
**Published:** July 12, 2021
**Author:** Marketing
**Content:**
The Department of Labor & Industry is seeing an increase in fraudulent attempts to apply for unemployment benefits using stolen identities. Scammers have been signing up unwittingly – and still fully employed – residents for jobless benefits as part of a surge of sophisticated identity theft schemes to steal taxpayer money during the covid-19 pandemic.
Authorities at state and federal levels first flagged fraud last summer, as spikes in claims filings overwhelmed understaffed labor departments during the covid-spurred economic slowdown.
As quoted on Fox43.com, the press secretary for the department of labor says fraudsters are getting people’s personal information from large data breaches, like the Experian data leak and the one from Target. They steal people’s identities and then they use them to file unemployment claims on behalf of these victims.
We encourage our members to be vigilant in protecting their personal information and reporting suspected or known fraud and identity theft. We encourage you to regularly monitor your account for any unauthorized deposits, transactions or communications regarding password change requests that you did not initiate. If you suspect or see anything suspicious occurring with your account or information, contact the credit union as soon as possible at 610.372.8010.
#### If you believe you are a victim of unemployment fraud, the Department of Labor & Industry recommends that you take the following steps:
- File a form online:
- [Unemployment compensation fraud](https://benefits.uc.pa.gov/vosnet/Default.aspx)
- [Federal Pandemic Unemployment Assistance (PUA) fraud](https://www.dlisecureweb.pa.gov/FRTS/IdentityTheft.aspx)
- File via phone:
- Call the PA Fraud Hotline at 800-692-7469
- File a report with police:
- Contact police in the municipality you resided in at the time the unemployment fraud occurred/benefits in question were paid. A copy of the police report must also be provided to the Office of Unemployment Compensation.
- Contact your employer
- Put a freeze on your credit reports. Learn more about credit freezes and alerts here: [https://www.consumer.ftc.gov/articles/what-know-about-credit-freezes-and-fraud-alerts.](https://www.consumer.ftc.gov/articles/what-know-about-credit-freezes-and-fraud-alerts)
- Start a recovery plan with the Federal Trade Commission by visiting [identitytheft.gov](http://www.identitytheft.gov).
#### How to protect yourself against unemployment scams:
- Never give out your personal information over e-mail or text message.
- Don’t open or respond to unsolicited e-mails or text messages.
- Never give out your personal information on websites or social media channels – especially those that claim they can help you apply for unemployment benefits. Third parties can’t apply for your benefits.
- Don’t trust or rely on unemployment benefits information from unofficial websites – always visit [uc.pa.gov](http://www.uc.pa.gov) for Pennsylvania unemployment program information.
#### Visit [www.uc.pa.gov](http://www.uc.pa.gov) for more unemployment fraud information and tips.
**Categories:** News
---
### [Tips for Purchasing a Recreational Vehicle with the Help of RV Loans](https://discoveryfcu.org/news/purchase-recreational-vehicle-with-rv-loans/)
**Published:** August 27, 2020
**Author:** ironcore
**Content:**
Now is a great time to enjoy an affordable vacation from the comfort of your very own RV. Here are a few tips for purchasing an RV and planning your adventure on the road!
## Decide Between a New and Used RV
When investing in a recreational vehicle, it’s important to weigh the pros and cons of buying an RV new or used. For first-time RV purchasers, experts typically recommend buying a used vehicle after doing plenty of research. Not only will you save some money, but you will also be able to tailor the vehicle to your liking — making the customization of your dream RV a work in progress.
On the other hand, a new RV comes with many perks. In addition to the glamour presented by a vehicle that is fresh off of the assembly line, you’ll be provided with a warranty from the manufacturer that will cover any issues you may face on the road. Luckily, a recreational vehicle loan with Discovery FCU has the same rates for new and used RVs — so the choice is totally up to you!
## Shop Around — Then Set a Budget
Your average RV can [cost](https://camperreport.com/average-rv-costs-with-19-example-prices/#:~:text=RVs%20can%20cost%20between%20%2410%2C000,prices%20usually%20start%20around%20%24100%2C000.) anywhere from $10,000 to $300,000 — a pretty wide gap in price range. Aside from a model’s production year, factors such as brand reputation, vehicle availability, size, and features can be the cause of price variation.
After deciding between a new and used RV, jot down a list of must-have qualities for your recreational vehicle that will heighten the comfortability of your vacation. How many miles do you plan on traveling? Do you have a large family joining you for the adventure? Mapping out your itinerary is the best way to ensure that your trip is the most decadent experience.
## Factor in Additional Vacation Costs
So you’ve narrowed down the RV of your dreams equipped with all of the features, space, and perks to make your summer getaway a great one. Now it’s time to pinpoint those additional costs that will fund your travels. Insurance, camping and storage fees, and gas are all things to consider when creating a budget for your trip, which can directly affect the repayment terms on a recreational vehicle loan that you feel comfortable with.
## Choose Your Repayment Terms
Recreational vehicle loans at Discovery FCU include up to 100% financing and come with terms that are up to 180 months. After picking out the RV that you are ready to purchase and narrowing down additional costs to include in your travel, you can easily choose a repayment option that fits your budget. Check out our [competitive rates for RV loans ](https://discoveryfcu.org/rates/)today.
It’s not too late to start planning your dream vacation and purchase a new or used RV. Learn more about [recreational vehicle loans](https://discoveryfcu.org/borrow/other-vehicle-loans/) with Discovery FCU and lock in your next adventure today!
**Categories:** News
**Tags:** RV loans
---
### [Tips for First-time Home Buyers](https://discoveryfcu.org/news/tips-for-first-time-home-buyers/)
**Published:** April 20, 2021
**Author:** ironcore
**Content:**
Whether you’ve been renting for years or just ready to move out of your childhood home, purchasing your first house is a huge (and exciting) decision. While we’d all love to pay for our dream home in cash upfront, this isn’t an option for most — and mortgages are typically the way to go.
Before diving into the home buying process, it’s crucial to evaluate your current financial situation and lock in a loan that fits your monthly budget and can cover the price of a brand new pad. Check out these tips for first-time home buyers.
## Browse Mortgage Types
Wait, there are different types of mortgages?! There sure are — but no need to stress. There are multiple reasons as to why you may choose one type of mortgage over another, but down payment requirements, interest rates, and credit score are a few examples.
One of the most commonly used mortgages, a conventional mortgage, is desirable in that it’s pretty straightforward when it comes to the rates, terms, and required credit score. This type of mortgage is paid back over the life of the loan, typically during 15, 20, or 30 years.
If you’re big on planning and value consistency when borrowing, you might also want to consider a fixed-rate mortgage. With this type of loan, you can expect the same interest rate and payment amounts throughout the life of your mortgage. Learn more about [mortgage types](https://discoveryfcu.org/borrow/residential-first-mortgage/) we offer at Discovery Federal Union.
## Get Pre-approved
Getting pre-approved for a mortgage not only gives you a rundown of how much a lender will give you to purchase your home, but also gives you the tools to go into the home shopping process with a budget, rates, and terms in mind. In fact, it even shows realtors that you’re a serious buyer, giving you a better chance of scoring your first dream home.
To prepare for the pre-approval process, you’ll want to gather W-2s from the past couple of years, a copy of your most recent pay stubs, and proof of assets (such as bank statements and retirement plan statements.)
## Decide on a Budget
When taking out a mortgage to purchase your first home, your budget doesn’t have to equal the amount you’ve got stored in your savings. Rather, it should revolve around “how much home you can afford”, a.k.a, how much a lender will give you to buy your home.
The loan amount is based on a number of factors, such as credit score, your monthly income, and any pre-existing debt. However, it’s important to remember that just because you qualify to take out a huge loan … doesn’t mean you can necessarily afford it.
As is the case with any loan, the more you borrow, the larger your monthly payments will be. Proving that you can pay back a hefty mortgage due to a picture-perfect credit score won’t be comfortable in the long run if your payments become unmanageable.
## Shop Around with Your Budget in Mind
Now that you have a better idea of your mortgage type, amount, rate, and terms, it’s time to hit the ground running and browse homes that fit your budget. While home style and neighborhood may be at the top of your checklist, it’s also important to factor in any short-term and long-term costs that you might run into.
For example, what will the price of the move look like? If you plan on relocating to a new city or even a different state, moving trucks, storage units, and additional moving expenses can certainly add up. If you’re looking into a home that’s considered a “fixer-upper”, how you plan on funding remodeling or construction projects should be kept in mind, too.
By narrowing down a selection of homes that meet your budget now and down the road, you can browse with the confidence needed to purchase your first house and make memories to last a lifetime.
To learn more about how to purchase your first home, explore [Discovery FCU’s mortgage options ](https://discoveryfcu.org/borrow/residential-first-mortgage/)today.
**Categories:** News
**Tags:** tips for first-time home buyers, types of mortgages
---
### [Shop Smart This Season: Holiday Saving Tips](https://discoveryfcu.org/news/holiday-saving-tips/)
**Published:** December 3, 2020
**Author:** ironcore
**Content:**
For many, November 1st marks the beginning of the holiday season. Let’s face it — your favorite brands are already advertising the latest and greatest products to add to your cart this year! While holiday shopping is an exciting reason to pick out gifts for those you hold near and dear to your heart, stress on your wallet is an understandable reason for some mild concern.
Making a list of all of the presents you plan on purchasing is a necessary process for organizing your shopping trips, but celebrating the season without breaking the bank requires a bit of planning, too. Check out a few ways to spend thoughtfully with our holiday saving tips.
## Create a Budget
So you made a list and checked it twice… Now it’s time to determine that budget to cover all of your shopping expenses. The first step to holiday budgeting is narrowing down an appropriate source of funds. Cash, debit, credit, or even a personal loan are all viable options. However, it’s important to make sure that you have enough to cover the expenses, or that you will be able to make payments on credit transactions or personal loans in a timely manner.
## Compare Prices
Calling all coupon kings and queens! Your holiday shopping excursions begin way before you even hit the mall. By comparing prices on your gift list between retailers, you can stay within your budget and maybe even save enough to treat yourself.
## Keep Your Receipts
We all have that one relative or friend who is so hard to shop for. No matter the gift, be sure to keep track of your receipts and gift receipts. A sweater that’s a size too small is easily returnable — as long as you have the receipt to back up your purchase. No one wants to spend money on a gift that will be stored in the attic come 2021!
## Take Advantage of Mobile Banking
If you stick to a budget while shopping this year, your checking account balance shouldn’t present too many surprises. That being said, those additional transactions on top of weekly spending must be monitored. Check in on your balances with Discovery FCU’s [Mobile Banking App](https://discoveryfcu.org/access/mobile-banking/) to ensure that you’re on the right track. Visibility is key!
## Don’t Dip into Your Savings
With the amount of shiny new toys and gadgets on the market now, it’s not hard to spend a few extra dollars on gifts here and there. But if holiday spending is causing you to damage your financial security, 2021 is going to feel less than jolly. Consider other ways to save up for your holiday shopping trips this year. This could include anything from dropping cash and coins in a jar to hitting pause on your weekly takeout order. A little can go a long way, and your saving habits should include short and long term goals!
Financial stability goes way beyond the holidays. Learn more about how you can [save, spend, and manage your money](https://discoveryfcu.org/#) with Discovery Federal Credit Union.
**Categories:** News
**Tags:** holiday saving tips, holiday savings tips
---
### [What Are the Benefits of Online Banking Services?](https://discoveryfcu.org/news/what-are-the-benefits-of-online-banking-services/)
**Published:** March 9, 2021
**Author:** ironcore
**Content:**
If you’re a current member of Discovery Federal Credit Union or any other financial institution, you probably have some experience with digital banking. But if you’ve always used mobile or online banking services simply to check in on your balances — we’ve got some exciting news.
Discovery FCU has upgraded to a functional and versatile online and mobile banking platform that prioritizes your financial needs with a supreme user experience. So if you’re wondering more about the benefits of online banking services, allow us to step in with a breakdown of the advantages of choosing digital banking with Discovery FCU.
## Optimal Control over Your Accounts
Joint accounts are a simple way to manage finances between family members, your place of work, or any relationship where funds are shared. Commonly, financial institutions allow primary members on joint accounts to share the same login credentials with secondary owners.
Discovery FCU’s new online and mobile banking services upgraded our members’ privacy settings by providing a unique username and password to primary and joint owners on their shared accounts. Establish a sense of financial individuality even within your accounts that include multiple parties!
## Mobile Payment Services *From Your Financial Institution*
If you’ve been hesitant to download peer-to-peer (P2P) payment apps on your mobile device, you’re definitely not alone.
In addition to the fact that these services are susceptible to security breaches, the idea of storing, transferring, or receiving cash on any platform other than those housed by your financial institution can be stress-inducing. With Discovery FCU’s mobile and online banking services, you can send money to anyone who has an account at a financial institution.
Expect better security by establishing potential sendees as “contacts” within your account and payments can be made with the click of a button.
## External Account Transfers
Transferring funds between accounts held by family members who belong to the same financial institution isn’t a new online banking practice. But for those who wish to send money *to their own accounts* held elsewhere, the process of taking out cash to make transfers is a tedious process.
Thankfully, we found a smarter solution! With Discovery FCU’s external account transfer feature, you can now send your money housed with us to another bank or vice versa.
Not sold on the power of this innovative service yet? Allow a review from one of our members on the [Discovery FCU Mobile App Store page](https://apps.apple.com/us/app/discovery-fcu-mobile/id964932172) to back up the hype. With the review titled, “Thank You (Finally), ayron5588 wrote, “I have been waiting years to be able to transfer money to my account from an outside bank without having to write a check to myself.” We couldn’t agree more!
## Easier Finance Management 24/7
You should always feel comforted in knowing that your finances are in one place — and there’s nothing like a unique and visually organized online dashboard to enhance your reassurance.
With Discovery FCU’s updated online and mobile banking services, you have the power to customize your dashboard according to your specific needs. Group, name, and order accounts based on preference by simply clicking the customize dashboard icon located directly within your online banking portal or mobile app.
And while you’re at it — make sure that your smartphone camera is working properly! The Discovery FCU Mobile Banking App delivers heightened security and an easy check depositing service so that our members can take charge of their finances on-the-go and 24/7.
Learn more about Discovery FCU’s [upgraded online and mobile banking services](https://discoveryfcu.org/upgrade/) and sign up today!
**Categories:** News
**Tags:** benefits of online banking services, mobile banking, online banking
---
### [Facts about the IRS Stimulus Payments (Economic Impact Payments)](https://discoveryfcu.org/news/facts-about-the-irs-stimulus-payments-economic-impact-payments/)
**Published:** April 14, 2020
**Author:** Marketing
**Content:**
*Please note this blog article was published on April 14, 2020 and is not relative to the new Stimulus Payments in 2021. [Click here for information regarding the Stimulus Payments that started being distributed in January 2021.](https://discoveryfcu.org/the-new-stimulus-payments-what-you-need-to-know/)*
The[ IRS’s website](https://www.irs.gov/coronavirus/get-my-payment) is the best resource for receiving the most up-to-date information regarding Economic Impact Payments. Based on the current information available as of April 14, 2020, here are some facts about the stimulus payments.
## How much will the Economic Impact Payment be?
Many adults will get a one-time payment of $1,200, although some would get less depending on their annual income reported to the IRS.
- Single adults with Social Security numbers who have an adjusted gross income of $75,000 or less will get the full amount of $1,200.
- For every qualifying child age 16 or under, the payment will be an additional $500.
- Married couples with no children earning $150,000 or less will receive a total of $2,400.
- Taxpayers filing as head of household will get the full payment if they earned $112,500 or less.
- The payment amount decreases until it stops altogether for single people earning $99,000 or married people who have no children and earn $198,000.
- A family with two children will no longer be eligible for any payments if its income surpassed $218,000.
- You can’t get a payment if someone claims you as a dependent, even if you’re an adult.
- In any given family and in most instances, everyone must have a valid Social Security number in order to be eligible.
- There is an exception for members of the military.
You can find your adjusted gross income on Line 8b of the 2019 1040 federal tax return.
## When will payments be deposited or mailed?
For taxpayers who have previously filed electronically and for whom the IRS has their direct deposit information, it is estimated that between 50 million to 70 million Americans will **receive their payments as early as April 15**. The Treasury will continue to issue the payments every Friday following the initial batch on April 15.
People who haven’t provided their direct-deposit information to the IRS previously will likely face a longer wait, with **paper checks slated to start being issued the week of May 4**.
Printed checks will be issued at a rate of about 5 million per week, which means it could take up to 20 weeks to get all printed checks out. This means that **some checks could be delayed until August or September.**
Printed Checks will be **prioritized and mailed by income level**, with the lowest-income Americans receiving their checks the earliest
- Individual taxpayers who earn less than $20,000 would have their checks mailed the week of May 4th.
- Those earning $30,000 or less would have their checks in the mail the following week, May 11th.
- That would continue week by week through early September until completed.
The ***[use the IRS online Get My Payment portal](https://www.irs.gov/coronavirus/get-my-payment)***. The Get My Payment portal will allow people to:
- See the status of their payment.
- The date their check will be deposited or mailed.
- Allow people to provide their bank account information so they can receive their payment quicker rather than wait for a paper check.
## What year’s income should I be looking at?
2019\. If you haven’t prepared a tax return yet, you can use your 2018 return. If you haven’t filed that yet, you can use a 2019 Social Security statement showing your income to see what an employer reported to the I.R.S.
## Who is eligible to receive a stimulus payment?
U.S. residents will receive the Economic Impact Payment of $1,200 for individual or head of household filers, and $2,400 for married filing jointly if they are not a dependent of another taxpayer and have a work eligible Social Security number with adjusted gross income up to:
- $75,000 for individuals
- $112,500 for head of household filers and
- $150,000 for married couples filing joint returns
Taxpayers will receive a reduced payment if their AGI is between:
- $75,000 and $99,000 if their filing status was single or married filing separately
- 112,500 and $136,500 for head of household
- $150,000 and $198,000 if their filing status was married filing jointly
The amount of the reduced payment will be based upon the taxpayers specific adjusted gross income.
Eligible retirees and recipients of Social Security, Railroad Retirement, disability or veterans’ benefits as well as taxpayers who do not make enough money to normally have to file a tax return will receive a payment. This also includes those who have no income, as well as those whose income comes entirely from certain benefit programs, such as Supplemental Security Income benefits.
Retirees who receive either Social Security retirement or Railroad Retirement benefits will also receive payments automatically.
## Do College Students Get anything?
Not if they are currently being claimed as a dependent on anyone’s tax return. Typically, college students are considered dependents until age 24 unless otherwise stipulated on financial aid paperwork or other documents. College students should review their FAFSA paperwork if they have questions about stimulus payment reliability.
## Will I have to apply to receive a payment?
No. If you typically file taxes, the I.R.S. already has your bank account information from your 2019 or 2018 returns, it will transfer the money to you via direct deposit based on the recent income-tax figures it has on file.
But, if you typically **DO NOT FILE TAXES**, **[the I.R.S. launched a web tool for non-filers to register for their stimulus payment.](https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here)**
This new tool is designed for people who did not file a tax return for 2018 or 2019 and who don’t receive Social Security retirement, disability benefits, Railroad Retirement benefits, or low income, veterans, and other qualified groups.
[**Click here for the I.R.S. web tool for non-filers.**](https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here)
## What if my direct deposit information has changed or I want to add it for the first time?
The ***[use the IRS online Get My Payment portal](https://www.irs.gov/coronavirus/get-my-payment)***. The Get My Payment portal allows you to:
- Allow people to provide their bank account information so they can receive their payment quicker rather than wait for a paper check. **NOTE: The add bank account feature will be unavailable if the Economic Impact Payment has already been scheduled for delivery.**
- See the status of their payment.
- The date their check will be deposited or mailed.
## If my payment doesn’t arrive, how can I be sure that it wasn’t misdirected?
According to the CARES Act, you will get a paper notice in the mail no later than a few weeks after your payment has been disbursed. That notice will contain information about where the payment ended up and in what form it was made.
If you can’t locate your payment after receiving your printed payment notice, it is recommended that you contact the I.R.S. using the information on the notice.
The ***[use the IRS online Get My Payment portal](https://www.irs.gov/coronavirus/get-my-payment)***. The Get My Payment portal will you to:
- See the status of their payment.
- The date their check will be deposited or mailed.
- Allow people to provide their bank account information so they can receive their payment quicker rather than wait for a paper check. **NOTE: The add bank account feature will be unavailable if the Economic Impact Payment has already been scheduled for delivery.**
## What if I’m not required to file a tax return?
Social Security recipients, senior citizens, and railroad retirees do not need to do anything to receive their Economic Impact Payment. Each person who falls into one of these brackets will receive $1,200. The IRS will use Form SSA-1099 or Form RRB-1099 to determine where to send your payment.
## Where can I find more information?
There is more information available on the[ IRS Newsroom page](https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know) or the [IRS Coronavirus page](https://www.irs.gov/coronavirus). These two resources are updated frequently with new information.
## I’ve never used direct deposit, what do I need to know?
If you’ve never used direct deposit before, you’ll need to ***[use the IRS online Get My Payment portal](https://www.irs.gov/coronavirus/get-my-payment)*** to let the IRS know where to send your direct deposit*.* You’ll need to know some information about your credit union or bank account, specifically the routing and account numbers associated with the account you’d like to receive the deposit in.
The routing number for your financial institution can be found at the bottom of your check (as shown below within the red circle). If you don’t have checks, you will likely find it on the institution’s website homepage. Domestic banks and credit unions do not have IBAN or SWIFT codes/numbers. (Note: Discovery FCU’s routing and transit number is 231385646, which you can also find at the bottom of this webpage). Your account number is the string of numbers to the right of the routing number (to the right of the red circle).
**Categories:** News
---
### [Beware Of Senior Scams](https://discoveryfcu.org/news/beware-of-senior-scams/)
**Published:** February 25, 2020
**Author:** ironcore
**Content:**
At Discovery, we care about you and want to protect you and your loved ones’ financial well-being. If you have older parents or grandparents, please share this information with them on senior scams. It’s provided courtesy of the National Council On Aging (*NCOA,* *www.ncoa.org*).
## Funeral & Cemetery Scams
In one approach, scammers read obituaries and call or attend the funeral service of a complete stranger to take advantage of the grieving widow or widower. Claiming the deceased had an outstanding debt with them, scammers will try to extort money from relatives to settle the fake debts.
## Telemarketing Scams
One example is the pigeon drop, where the con artist tells the individual that he/she has found a large sum of money and is willing to split it if the person will make a “good faith” payment by withdrawing funds from his/her bank account.
## Sweepstakes & Lottery Scams
Here, scammers inform their mark that they have won a lottery or sweepstakes of some kind and need to make some sort of payment to unlock the supposed prize.
## The ‘Grandparent Scam’
Scammers will place a call to an older person, and when the mark (victim) picks up, they will say something along the lines of: “Hi Grandma, do you know who this is?” When the unsuspecting grandparent guesses the name of the grandchild the scammer most sounds like, the scammer has established a fake identity. Once “in,” the fake grandchild will usually ask for money to solve some unexpected financial problem.
**The best step to curtailing senior fraud is education and prevention.**
We thank the NCOA for sharing these tips and encourage you to read the full article [here](https://www.ncoa.org/economic-security/money-management/scams-security/top-10-scams-targeting-seniors/).
Source:
**Categories:** News
---
### [Increase Your Fraud Awareness for Economic Impact Payment Scams](https://discoveryfcu.org/news/increase-your-fraud-awareness-for-economic-impact-payment-scams/)
**Published:** April 14, 2020
**Author:** Marketing
**Content:**
The IRS will begin issuing Economic Impact Payments on April 15th and the number of scams and fraud is already on the rise. **We urge our members to be on the lookout for fraudulent calls and e-mail phishing attempts related to economic impact payments and COVID-19.**
The IRS and Discovery FCU will not call, e-mail or text you asking you to verify or provide your financial information so you can get an economic payment faster. The IRS has recently reminded taxpayers that scammers may:
- Emphasize the words “Stimulus Check” or “Stimulus Payment.” The official term is economic impact payment.
- Ask you to sign over your economic impact check to them.
- Ask by phone, e-mail, text, or social media for verification of personal and/or banking information saying that information is needed to receive or speed up your economic impact payment.
- Suggest that they can get your economic impact payment faster by working on your behalf. This scam could be conducted by social media or even in person.
- Mail you a bogus check, perhaps in an odd amount, then tell you to call a number or verify information online in order to cash it.
Please use extra caution and have a heightened awareness of scams and fraudulent activity. **Discovery FCU will never ask you for your personal account information via an unsolicited text message, e-mail, or telephone call. We also remind you to never give anyone, for any reason, your online banking login credentials.**
**Categories:** News
---
### [How to Plan for Retirement in Your 20’s](https://discoveryfcu.org/news/plan-for-retirement-in-your-20s/)
**Published:** July 21, 2020
**Author:** ironcore
**Content:**
When speaking of retirement, the general rule of thumb is to *start early.* For Millennials and Gen Zers alike, the idea of saving for anything other than a new apartment or a future that is debt-free may seem absurd, but the benefits of growing a hefty retirement savings over time are unmatched. With the tax-deferred earnings growth from retirement plans like a 401k, the sooner you start saving, the more money you will have accumulated by the time you retire. While saving at a young age may feel overwhelming, there are a few small steps you can take to prepare without breaking the bank. Check out these tips on how to plan for retirement in your 20’s.
## Sign Up for Your Work’s Retirement Plan
A 401k is a retirement savings plan offered by many companies as an included benefit. [According to the IRS, ](https://www.irs.gov/retirement-plans/plan-participant-employee/401k-resource-guide-plan-participants-401k-plan-overview)a 401k “allows an employee to elect to have the employer contribute a portion of the employee’s cash wages to the plan on a pre-tax basis.” After enrolling in your workplace’s 401k plan, your employer will start deducting your desired contribution from your wages, and may even match that amount up to a certain percentage. For example, if you are an employee who makes $2,000 a week and is contributing 5% of your weekly earnings to a 401k plan, you would be putting away $100 a week for retirement. If your employer agrees to match that 5% contribution, your 401k plan would acquire $200 a week. This is why many like to refer to a 401k plan as “free money,” since it is a great way to quickly build a retirement savings account with help from your employer.
## Save On Your Own with an IRA Account
There are several situations that might prompt you to open an [Individual Retirement Account](https://discoveryfcu.org/save/traditional-roth-iras/) — a lack of 401k benefits at work, no matching program, or the desire to save additional money on your own. There are two types of IRAs: traditional and Roth. Whereas a traditional IRA is *tax-deductible*, a Roth IRA is *tax-free.* Both accounts have a maximum contribution of $6,000 per year if you are under 50 years old or a maximum contribution of $7,000 per year if you are over 50.
## Balance Retirement Contributions *and* Debt
With all of the benefits presented on planning for retirement early, you’re surely itching to make retirement savings your number one financial priority, right? Probably not. As a twenty-something-year-old who is new to managing money on your own, paying off those credit card bills or student debt is enough to worry about. However, if you are suffering from debt, that doesn’t mean you should shy away from saving for retirement now. The key is to find a balance between the two contributions. If your work offers a 401k matching plan, invest enough to take them up on that offer. This “free money” will pay off in the long run! Then, focus on paying those bills.
## Create An Emergency Fund
An emergency fund is [a personal savings account](https://discoveryfcu.org/save/money-market/) with a high-interest rate that acts as a “safety net” for large unforeseen expenses. This chunk of change can be used for medical bills, unemployment, car or home damages, or basically anything that could be considered a financial emergency. Emergency funds are smart to have no matter what stage of retirement planning you’re at, but what’s the link between the two? With a well-stocked emergency fund, you’ll never have to dip into your retirement savings to cover non-retirement expenses. Don’t set yourself back on all of that financial progress!
While your workplace’s 401k plan is a great place to start when saving for retirement, taking measures to budget and save on your own is essential. Retirement may seem pretty far away, but adopting strong financial habits early is the key to success. To devise a personal budget and action plan that caters to your current financial situation, learn more about the [Money Management Services](https://discoveryfcu.org/financial-wellness/) offered by our partner, GreenPath Financial Wellness.
**Categories:** News
**Tags:** retirement
---
### [Benefits of Refinancing](https://discoveryfcu.org/news/refinancing-can-help-you-get-out-of-debt-quicker-or-pay-less-in-interest-if-everything-lines-up/)
**Published:** August 11, 2020
**Author:** Marketing
**Content:**
Refinancing can be beneficial if everything lines up in your favor. What can you get out of it? The list is long and exciting for someone stuck with loan payments that they aren’t happy with.
## Lower Interest Rate
One of the most powerful outcomes of refinancing a loan is a lower interest rate. Whether your credit score has improved since you originally took out the loan or simply because average rates have dropped, if a significantly lower rate is possible, it’s worth looking into. A lower interest rate can make a big difference in how much you pay over the life of your loan. Discovery FCU offers a variety of loans. One of our more popular loans to refinance is our auto loans. If you received your auto loan at the dealer, chances are you may be paying a higher interest rate than what you will receive at Discovery FCU. [Learn more](/borrow/auto/).
[Click here to calculate how much you can save if you refinance your auto loan.](https://teachbanzai.com/wellness/resources/auto-refinance-monthly-payment-calculator)
## Lower Monthly Payment
If your current monthly payment is hard to afford, you might be able to lower it through refinancing. Most often, this is done through the combination of a long (or longer) term on a lower total loan amount. For example, if you took out a 30-year mortgage for $100,000 and paid off $20,000, that would leave you with $80,000 left to pay. If you decide to refinance with another 30-year loan, you can now spread the payments for the remaining $80,000 out over 30 years. This makes your monthly payment smaller.
That being said, it’s important to take interest into account. If you were already 10 years into your mortgage and decided to refinance for another 30-year mortgage, you’d now be paying interest for a total of 40 years. That means that while your monthly payments may be smaller, it’s possible that you’ll pay more overall than you would have without refinancing. Discovery FCU offers a variety of first mortgage products. Check out our [mortgage center](https://discoveryfcu.mymortgageapps.org/discoveryfcu) to learn more.
## Shorter Term
You could refinance to shorten the term of your loan. Mortgages especially benefit from shorter terms. For example, the difference in total interest for a 15-year mortgage vs a 30-year mortgage is significant. This is because 30-year mortgages usually have higher interest rates and require you to make payments for twice as long, allowing more interest to rack up. Refinancing to a 15-year option will allow you to pay off the loan quicker and save some cash, but be aware that a shorter mortgage term also means higher monthly payments.
If refinancing won’t significantly change your interest rate, it may be just as effective to simply make larger monthly payments on your own. But make sure to check if your loan has any **prepayment penalties**. These fees can be significant and reduce the benefit of paying your loan off early.
[Click here to access our debt payoff calculator.](https://teachbanzai.com/wellness/resources/debt-payoff-calculator)
## Extra Cash
A **cash-out refinance** allows you to borrow enough money to pay off your old loan and a little extra. Unless it’s a limited cash-out refinance, you can then use that extra money for whatever you would like. Use extreme caution when considering a cash-out refinance as it increases your debt. While it may feel tempting to get extra cash, it’s dangerous to take out more than you can afford to pay back.
When doing a cash-out refinance on a mortgage, you can usually borrow up to 80% of your **equity** (the market value for the amount of your home you own). But if you choose a cash-out refinance for an investment, like a home, you’re trading in equity for more debt and putting yourself in a riskier situation.
## A New Type of Loan
If you’re unhappy with the type of loan that you originally borrowed, refinancing can allow you to change that. For example, if you started with an **adjustable-rate mortgage** and want to switch to something a bit more steady, you can refinance with a **fixed-rate mortgage**.
## Consider Carefully
Refinancing is a fairly simple idea that can be complicated in action. Carefully consider whether the drawbacks and benefits of refinancing will come out in your favor. Be aware that there are costs associated with refinancing a loan since you’re essentially taking out an entirely new loan and can be charged multiple fees.
**Categories:** News, Products & Services
---
### [The Benefits of Having Multiple Savings Accounts for Budgeting](https://discoveryfcu.org/news/multiple-savings-accounts-for-budgeting/)
**Published:** October 9, 2020
**Author:** ironcore
**Content:**
When budgeting for a future expense, the obvious path to choose is a savings account. If you already have a basic savings account dedicated to growing funds for something special, you might ask, “Why would I need another?”
The simple answer: every penny in your basic savings account probably isn’t going towards one single expense. No matter how much you have acquired, the process of dividing this sum between future goals requires some serious mental calculations. This method makes it difficult to keep track of *what you actually have.*
Rethink your financial organization by checking out the benefits of multiple savings accounts for budgeting.
## Goal-Oriented Saving
Achieving your financial goals can feel overwhelming with only one form of savings under your belt. Poor budgeting, misspending, and last-minute transfers from your checking are bound to happen.
By setting up additional savings accounts, you allocate an amount of change to the savings goals that matter to you most — and even personalize them with what you’re saving for! Naming your additional savings accounts with something like “Summer Getaway Fund” or “Kitchen Renovation” is an easy step that will go a long way in keeping your finances organized.
## Automated Transfers
Manually transferring funds from checking to savings on payday is a thing of the past. Avoid building a single large balance by setting up automatic transfers to your savings accounts.
Hoping to reach your “Summer Getaway” savings goal as soon as possible? Use Discovery FCU’s automated transfer feature to send funds from your checking on a schedule that works for you. You’ll reap the benefits of watching your custom savings account flourish without ever having to transfer manually again!
## Customization for Better Saving Habits
As previously mentioned, customizing your various savings accounts is the best way to keep track of your financial goals.
By creating an account for any major investments in your future, you’ll be motivated to dedicate funds to priorities. And with customized savings accounts, you can expect your finances *and saving habits to grow*. How much you send to specific accounts and how often you make automatic transfers is a game of trial and error — but it will build a strong saving routine.
## Zero Monthly Fees
We can’t speak for other credit unions or banks, but as a member of Discovery FCU, you never have to worry about a minimum deposit or monthly fee when you set up a [savings account](https://discoveryfcu.org/save/basic-savings/). Open an account at any time — all you need is a minimum balance of $5 to start saving!
Ready to open an account and work towards something special? [Apply for a membership with Discovery FCU ](https://discoveryfcu.org/save/basic-savings/)today!
**Categories:** News
**Tags:** multiple savings accounts for budgeting
---
### [Talking to Your Partner About Money](https://discoveryfcu.org/news/talking-to-your-partner-about-money/)
**Published:** October 16, 2020
**Author:** Marketing
**Content:**
When it comes to talking with a spouse or partner about money, many people shy away. It can be scary—but it doesn’t have to be. Positive and frequent communication is key.
## Talk Often
A great way to reduce the stress of talking about money is to discuss things frequently with your partner. Don’t wait for a financial crisis to talk! Some couples find it best to schedule regular discussions about money—say, every Sunday afternoon—while others take a more casual approach. However you and your partner decide to do it, make sure that it is a frequent topic in your marriage.
Some couples avoid talking about money because it is stressful and uncomfortable. Here are some tips on how to have these important conversations.
## Discuss Goals and Values—Not Just Dollar Amounts
Money means different things to different people. For some, it represents security, power, or status. For others, it is the ability to buy things, travel, or start a business. It’s important to talk with your spouse about your long-term goals and what money means to you. It’s very likely that you’ll have different views about what money means, and talking about it will help you get on the same page. Don’t be afraid to go to a couples therapist or a financial professional to help with this discussion, if you need.
Even if your long-term goals are aligned, it is possible that your short-term values will still be different. A baking enthusiast may feel lucky to find vanilla beans on sale for $300 a pound, while their partner balks at the price tag and wants to buy a bottle of imitation extract for $3.99. Someone who loves clothes may know that these $175 shoes are a *steal*, while their partner—who shops exclusively at thrift stores—may disagree.
These are not solely issues of dollar amount, so much as they are about what each partner feels is *important*. Understanding what your partner values and making any necessary adjustments together will help you work out your budget and your finances.
## The Four Horsemen
Actually talking about money can be difficult. But disagreements about money don’t have to lead to lasting marital problems. Healthy, respectful communication can assist in working out money issues.
Prominent family scientist and couples therapist John Gottman frequently lists four things that couples should avoid while communicating. He calls them the “Four Horsemen of the Apocalypse.” They are:
### Criticism
Criticizing is not the same as voicing a complaint or a critique. Criticism attacks the partner’s character or being. For example, a complaint may be “I’m feeling concerned about your IKEA spending yesterday. I thought we agreed to consult each other if we were going to spend more than $200.” A criticism, on the other hand, could look like “You overspent the entertainment budget again. Why do you always do that? You are so selfish! You don’t even care about me and how hard I’m working.” One addresses the issue at hand, the other attacks the partner’s character. Criticism frequently leads to defensiveness.
### Contempt
While criticism attacks your partner’s character, contempt assumes a position of moral superiority over them. Contempt can be behaving disrespectfully, being sarcastic, rolling our eyes or using mimicking body language, scoffing, calling them names, etc. “You bought *another* idiotic video game? Are you kidding me? You are such a *child*.” Attacking a partner from a position of perceived relative superiority is terrible for a relationship, and will make discussing finances nearly impossible. Don’t do it!
### Defensiveness
We’ve all been defensive at some point; it’s usually a response to criticism. When we feel like we’ve been accused, we fight back and play the victim to get our partner to back off. “Yeah, well, you know how stressed I’ve been! I deserve something special. It’s not my fault you aren’t any fun.” Thing is, it doesn’t work—because it’s really a way of blaming your partner, and makes healthy conflict management impossible.
### Stonewalling
Stonewalling—usually a response to contempt—is when one partner shuts down, withdraws, and stops responding to the other. Stonewalling is a result of feeling physiologically flooded. However, ignoring the issue will not fix it. When we start to stonewall, we may not be able to think or respond logically and kindly. If that becomes the case, it is important to request a break in the conversation and pick it back up after 20 minutes—or more—to allow your body to calm down.
While most relationships will involve the Four Horsemen at some point, healthy communicators avoid them as much as possible and do more to repair them when they show up. If you catch your money conversations sliding into these bad habits, know that you have the power to turn them around, and create a positive environment for discussing finances.
**Categories:** News
---
### [New! Online Appointment Scheduling](https://discoveryfcu.org/news/new-online-appointment-scheduling/)
**Published:** July 28, 2020
**Author:** Marketing
**Content:**
Discovery FCU has partnered with Coconut Software to offer a streamlined appointment scheduling service to our members and potential members.
“By providing members with new ways to interact with us, Discovery FCU is committed to enhancing the member experience,” said Ed Williams, President/CEO of Discovery Federal Credit Union. “From first contact to final resolution, by maintaining the credit union’s personal touch across the digital space and keeping our lobby doors open, we aim to create a positive experience for everyone involved.”
The new online appointment scheduling service also provides our members an easy way to reduce their wait time in the lobby creating greater social distancing and allowing our employees to effectively clean and sanitize their workspaces between member appointments.
Investing in digital innovations that enhance the member experience and deepen relationships through personalized interactions continues to be a priority for Discovery FCU. In addition to appointment scheduling, Discovery is investing in digital improvements such as its newly designed and interactive website launched late February 2020, is currently developing a completely new and innovative mobile banking and online banking product with enhanced online applications that will be launched later this fall, and is researching state-of-the-art, digital, self-serve and technical services to deepen in-branch interactions.
[LEARN MORE ](https://discoveryfcu.org/appointment/)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
**Categories:** Products & Services
---
### [Easy Online Loan Application](https://discoveryfcu.org/news/easy-online-loan-application/)
**Published:** February 25, 2020
**Author:** ironcore
**Content:**
## *Seamless and fast!*
Discoveryfcu.org has a brand-new feature that will save you time and let you apply for a loan when it’s convenient for you. Apply online, 24/7, from the privacy of your home or office! We’ll take care of your request and get the funds to you as quickly as possible.
- Apply 24/7
- Easy and convenient
- Safe and secure
Saving time is no joke. And we get it; you’re busy!
Whether it’s on the weekend or after-hours, you’ll love this new feature.
[APPLY NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
**Categories:** Products & Services
---
### [Stopping Fraud In Its Tracks](https://discoveryfcu.org/news/stopping-fraud-in-its-tracks/)
**Published:** February 25, 2020
**Author:** ironcore
**Content:**
The best way to keep your identity and data safe is prevention – this is especially pertinent at tax time, year-end, or during a major life event. Your best bet is to stay proactive and be diligent with your info.
**Some sensible tips:**
1. Avoid public Wi-Fi, and never access personal data if you do use it.
2. Carefully store (or shred) private documents.
3. Keep your information up to date at places you do business. This ensures statements, invoices, and other documents don’t fall into a thief’s hands.
4. Monitor your accounts. Use Online Banking to watch your transaction history, balances, and statements.
5. Use complex passwords comprised of letters, numbers, and special characters and change them frequently. Consider using a password management tool.
6. Don’t click on unfamiliar links in unsolicited emails or text messages.
7. Never share personal information, such as your social security number, with unknown entities.
8. View your credit report regularly, accessible from any of the major credit bureaus.
Being proactive is your first step in fraud prevention. If you suspect any fraudulent activity, contact us right away for assistance.
*Source:* [*www.forbes.com*](http://www.forbes.com)
**Categories:** News
---
### [The Credit Union Phenomenon](https://discoveryfcu.org/news/the-credit-union-phenomenon/)
**Published:** February 25, 2020
**Author:** ironcore
**Content:**
As our member, you’re a part of a not-for-profit financial cooperative, and, like more than 120 million members nationwide, you’ll discover the credit union difference. This puts you in excellent company! Credit unions are experiencing growth across the U.S., in assets, loans, capital, and members – with service satisfaction ratings higher than other financial institutions.
**Consumers everywhere are looking for a better way to bank, and the not-for-profit cooperative structure of credit unions is appealing for a variety of reasons.**
Our structure is democratic, with each member owning an equal share in the credit union. Members are encouraged to attend our annual meeting and can vote and run for our board of directors. They also play a role in our operating structure; members represent you and help guide us so that we can understand your needs better.
**Discover a better way to bank:**
- Experience friendly, more personalized service.
- Take advantage of convenient access and save money on a full range of services.
- Rest easy knowing the decisions we make are with your best interests in mind.
**You’ll also save with fewer fees.**
Stop in for a complimentary review. We can help you to compare the costs of banking at your current institution to us. Our fees are nominal, and we continually look for ways to reduce your banking costs.
Let us know how we can help you.
**Categories:** News
---
## Pages
### [Home](https://discoveryfcu.org/)
**Published:** May 29, 2025
**Author:** ironcore
**Content:**
## $250 Auto Loan Special\*
It's America's birthday, but you get the gifts!
[Learn More](/news/celebrating-americas-250th-birthday/)
## Treat Yourself
Low Rate Credit Cards for Guilt-Free Shopping
[Learn More](/credit-cards/)
# Your New Credit Cards are Here!
##### It is time to activate your New Discovery FCU Visa Credit Card
[LEARN MORE ](https://discoveryfcu.org/visa-credit-card-changes-2022/)
## You get MORE with Discovery FCU
![]()
### Professionalism and attention to detail
“Linda P. was very helpful and descriptive in acquiring information about opening an IRA account”
–Brenda K.
[The Discovery FCU Difference](https://discoveryfcu.org/value/)
![]()
### We loved our interaction
“Elena was extremely professional and personable. She walked me through all of the benefits of Discovery and the account.”
–Jeffrey S.
[Become a Member](https://o3-discoveryfcu.ecutechnology.com/Membership)
![how to use a personal loan]()
### I would come back here every time
“I had a great time working with James E. and getting my loan refinanced and setting up all of my requested items. I would come back here every time I was looking at opening up a loan or a line of credit!”
–Ryan B.
[Explore Personal Loans](https://discoveryfcu.org/personal-loans/)
![Discovery FCU branch in Wyomissing]()
### It was fast and easy!
“Tatiana was great! She helped my fiancé and I set up a joint account. It was fast and easy!”
-Lauren R.
[The Discovery FCU Difference](https://discoveryfcu.org/value/)
![]()
### Saved us hundreds per month
“My husband and I worked with Cris E. to secure a home equity loan and she was absolutely fantastic! In one hour, Cris saved us hundreds of dollars per month! We love Discovery and its people!”
-Dominique U.
[Explore Home Equity Loans](https://discoveryfcu.org/home-equity-may-2024/)
![]() ## Join the Discovery FCU Family Today
##### Our members save an average of $530/year just by banking with us vs. a bank.
Discovery FCU is more than a place to bank — we’re your neighborhood credit union, committed to genuinely helping our members achieve financial success. Rooted in the philosophy of people helping people, we provide personalized service, education, and support to build strong, independent financial futures. With every interaction, we focus on delivering exceptional service through dedication, professionalism, and continuous innovation.
[BECOME A MEMBER ](https://o3-discoveryfcu.ecutechnology.com/Membership)
## Loans
With more choices, better rates and fewer fees, Discovery’s loan programs and credit cards allow you to dream bigger. Whether you’re buying a car, remodeling your home, financing a college education, or purchasing something special – Discovery can help.
![]() Auto Loans
Auto Loans
When you’re ready to buy a new or pre-owned vehicle, your best financing deal starts here.
[Learn More](/borrow/auto/)
![]() Credit Cards
Credit Cards
Our Visa® Credit Cards have no annual fee, no balance transfer fee, and low competitive rates. Get started now!
[Learn More](/borrow/credit-cards/)
![]() Personal Loans
Personal Loans
We offer Personal Loans up to $40,000 that feature a low fixed interest rate. Why pay more anywhere else?
[Learn More](/borrow/personal-loans/)
![]() Other Vehicle Loans
Other Vehicle Loans
Let a Discovery Other Vehicle Loan finance your outdoor fun! Chances are if you can ride it, we can finance it!
[Learn More](/borrow/other-vehicle-loans/)
![]() Home Equity Loans
Home Equity Loans
Our Home Equity Loans and HELOCs can provide you with the money you need to accomplish more!
[Learn More](/borrow/home-equity/)
![]() Home Mortgages
Home Mortgages
It’s a great time to buy. Get started with our easy application and low rates. We are here to guide you every step of the way.
[Learn More](/borrow/residential-first-mortgage/)
![]() Student Loans
Student Loans
Whether you’re planning on college, trade school or certification, getting started is easy. Visit our online student loan center today!
[Learn More](/borrow/student-loans/)
![]() Business Loans
Business Loans
When you need a business loan we offer personalized service with quick, local loan reviews and approvals. Let’s talk!
[Learn More](/borrow/business-loans/)
![Student grad]()
### Student Loans
Manageable student loans to fuel big dreams
[Learn More](https://discoveryfcu.org/student-loans/)
![auto loan refinancing]()
### Great rates on Auto Loans
We’re here for purchases and refinances!
[Explore Auto Loans](https://discoveryfcu.org/auto/)
![]()
### Great Mortgage Options
We’re here to help you purchase a home
[Explore Mortgages](https://discoveryfcu.org/residential-first-mortgage/)
![]()
### TruStage Insurance
Auto and Home Insurance the credit union way
[Explore Insurance](https://discoveryfcu.org/trustage-insurance/)
![]()
### Estate Planning
Special savings from Trust & Will
[Explore Estate Planning](https://discoveryfcu.org/estate-planning/)
## News From Discovery FCU
[See All News ](/news)
[ ![Michael Byrne]() News
Welcome Michael Byrne
June 25, 2026
](https://discoveryfcu.org/news/welcome-michael-byrne/)
[ ![Man seated at a kitchen table reads a document with a worried expression while a woman leans over from his side, holding a mug and offering support.]() Products & Services
The Dangers of a “Quick Fix” Financial Solution
](https://discoveryfcu.org/news/the-dangers-of-a-quick-fix/)
[ ![American flag with stars and fireworks]() News
Celebrating America’s 250th Birthday
](https://discoveryfcu.org/news/celebrating-americas-250th-birthday/)
[ ![Beagle on a leash looking up at the camera in a meadow with daisies and small yellow flowers.]() Active in our Community
Meet Your New Best Friend at Discovery FCU
](https://discoveryfcu.org/news/mostlymuttzadoption/)
[ ![Adult with disability baking with family]() Active in our Community
Purchase Sun Tributes To Benefit ProBerco
](https://discoveryfcu.org/news/sun-tributes-to-support-proberco/)
## Quick Links
[ Pay Consumer Loan](https://discoveryfcu.lenderpayments.com/)
[ Pay Mortgage](https://www.webpmt.com/cgi-bin/customers/clogin.pl)
[ Pay Student Loan](https://www.studentchoiceconnect.com/)
[ Get Business Loan Info](https://portal.mycubusinessloan.org/)
[ Skip Loan Payment](https://discoveryfcu.org/borrow/skip-payment/)
---
### [Community Involvement](https://discoveryfcu.org/connect/community-involvement/)
**Published:** November 17, 2023
**Author:** Abby Showalter
**Content:**
Community involvement is a big part of the credit union philosophy of “People Helping People.” At Discovery FCU, we care very strongly about helping out in the local community. Here are some examples of the ways we get involved.
### **Helping Harvest**
Helping Harvest collects, purchases, stores, and distributes more than nine million pounds of food each year to support programs dedicated to feeding individuals and families in need throughout Berks and Schuylkill counties. Discovery Federal Credit Union proudly supports and champions Helping Harvest’s mission by hosting a holiday-season food drive and bringing staff together to pack and organize donated food items.
If you’re interested in getting involved—whether by making a donation, volunteering your time, or helping to pack and distribute food—[click here](https://helpingharvest.org/) to learn more.
### **The Big Cheese**
United Way’s The Big Cheese is the largest United Way-driven meal packaging event in the country, and Discovery Federal Credit Union is proud to support this wonderful cause. More than 1,000 volunteers came together to put together meal packages to then be distributed to Helping Harvest Food Bank. From there, the packages make their way to local school children through the Weekender Program, as well as to food pantries located throughout Berks County.
Interested in joining the next “The Big Cheese” event? [Click here](https://www.uwberks.org/the-big-cheese/) to learn more.
### **Community and Member Appreciation**
Discovery Federal Credit Union proudly hosts Community Appreciation Events all year long. These events are packed with fun-filled days and activities to celebrate and give back to the Berks County community. These appreciation days include a series of events, including Free Ice Cream Day, Shredding Event, and Hot Dog Day featuring a Prize Wheel.
Stay tuned for community and member event announcements happening all year.
### **Mostly Muttz**
Back in April, Discovery Federal Credit Union was proud to host a dog meet-and-greet and donation drive in our lobby with[ Mostly Muttz Rescue](https://www.mostlymuttz.org/). The nonprofit is dedicated to matching the right dog with the right family and relies on a network of foster families throughout Berks County to provide temporary homes for dogs awaiting adoption.
During the event, members had the opportunity to meet three adoptable pups, and learn more about the organization’s mission. Mostly Muttz is always looking for volunteers, [donations](https://givebutter.com/mostlymuttz), foster families, and forever homes to help continue making a difference in the lives of local dogs.
### **ProBerco**
Discovery Federal Credit Union is a proud sponsor of ProBerco. In this role, Discovery FCU takes part in a variety of events throughout the year, including the annual ProBerco Walk. The credit union has also hosted its own Ice Cream Day and recognizes ProBerco as a Select Employment Group, providing their employees and staff with exclusive benefits offered by Discovery Federal Credit Union.
ProBerco, previously known as Prospectus Berco, is a non-profit created to enrich the lives of people with disabilities and their families by providing innovative community participation, community living, employment opportunities, and family support services. If you would like to learn more about how to get involved, [click here. ](https://www.proberco.org/)
### **Supporting Berks County Veterans**
Discovery Federal Credit Union proudly announced a $2,000 donation to the Berks County Veterans Temporary Assistance Program, managed by the Department of Veterans Affairs, in November. This critical program is dedicated to helping local veterans in Berks County who have fallen on hard times. They provide immediate financial assistance to prevent homelessness and address urgent needs such as food, transportation, and housing stability. Read more [here](https://discoveryfcu.org/news/discovery-fcu-donates-2000-to-support-berks-county-veterans/).
### **Financial Reality Fairs**
Financial literacy is an important topic for us at Discovery FCU. One way we help to spread this important set of skills in Berks County is through joining with other credit unions to provide Financial Reality Fairs at local schools. Discovery FCU helps out at high schools in Wyomissing, Governor Mifflin, Tulpehocken, Hamburg, Schuylkill Valley, Reading, and Conrad Weiser school districts. Learn more about Financial Reality Fairs [here](https://discoveryfcu.org/news/students-benefit-from-berks-county-financial-reality-fairs/).
### **Adalyn Rose Foundation**
Discovery FCU is proud to sponsor our neighbors, the [Adalyn Rose Foundation](https://adalynrose.org/) in their mission. The Foundation provides comprehensive and continuous support to families grieving the loss of a child at any time during pregnancy, infancy, or early childhood. In addition to sponsoring, we also provide the Adalyn Rose Foundation with discounted rent, allowing them to provide more for families in need. Learn more about the partnership [here](https://discoveryfcu.org/news/discovery-fcu-partners-with-the-adalyn-rose-foundation/).
### **Breast Cancer Support Services**
Discovery FCU is a huge supporter of [Breast Cancer Support Services](https://www.bcssberks.org/) of Berks County (BCSS). Our staff cares deeply about this cause, as many have been touched by breast cancer and they are motivated to help in any way they can.
Annually we sponsor the [Team Holly Hear Our Voices Run/Walk](https://www.facebook.com/DiscoveryFCU/posts/pfbid02PZG6eihDQXMfbK8VX5ApownKJu7CWbh4zx9bPdKG92aY3X9TuZutkjR6nrumRXZVl) and the Pink Passion for Fashion event.
Every October, for Breast Cancer Awareness Month, we host a fundraiser that benefits BCSS and all of those who are affected by Breast Cancer in the Berks County community.
Discovery FCU is always happy to help local organizations with donations, sponsorships, or volunteer opportunities. Please fill out the form below and we will review your request. Please submit requests 60 days in advance of the payment deadline. Thank you.
Name of organization requesting a donation(Required)
Name of person making request(Required) First Last
Your connection to the organization
Email(Required)
Phone number(Required)
Please share a detailed description of the request below.(Required)
Deadline of when the donation must be received.(Required) Month
Day
Year
Please allow at least 60 days advanced notice.
This site is protected by reCAPTCHA and the Google [Privacy Policy](https://policies.google.com/privacy) and [Terms of Service](https://policies.google.com/terms) apply.
![Employees from Discovery Federal Credit Union take part in Red Cross fundraiser]()
### **Get MORE local love with Discovery FCU.**
---
### [Disclosures](https://discoveryfcu.org/disclosures/)
**Published:** June 17, 2019
**Author:** ironcore
**Content:**
### **Disclosures**
Below are various disclosures regarding your credit union account(s). If you have any questions or would like the credit union to mail you a certain account disclosure, please call the credit union at 610.372.8010.
**Disclosure Forms**
- [Courtesy Pay Disclosure](https://discoveryfcu.org/wp-content/uploads/2025/10/Courtesy-Pay-Overdraft-Disclosure.pdf)
- [Digital Wallet Agreement & Terms and Conditions](/wp-content/uploads/2019/06/1059.pdf)
- [Everyday Debit and One Time ATM Transactions](/wp-content/uploads/2019/06/Reg-E-Opt-In-Form_06_2019_TM.pdf)
- [Membership Disclosure & Agreements Packet](https://discoveryfcu.org/wp-content/uploads/2025/06/Discovery-FCU-Membership-Disclosures-and-Agreement-07_2025.pdf)
- This Disclosure & Agreement Packet includes Discovery’s Membership Account & Agreement, Truth-in-Savings Disclosure, Funds Availability Policy, Privacy Notice Disclosure, and Electronic Funds Transfer Agreement.
- [Online & Mobile Banking Terms & Conditions](https://discoveryfcu.org/online-agreement-and-disclosures/)
- [Discovery Online Privacy Policy](https://discoveryfcu.org/discovery-online-privacy-policy/)
- [Discovery FCU Cards Mobile Application Privacy Policy](https://discoveryfcu.org/discovery-fcu-cards-mobile-app-privacy-policy/)
- [Webinar Privacy Policy](https://discoveryfcu.org/webinar-privacy-policy/)
- [Online Security Disclosure](/wp-content/uploads/2019/06/Discovery-Online-Security.pdf)
- [Social Media Public Use Policy](/wp-content/uploads/2019/06/DFCU-Social-Media-Public-Use-Policy102013.pdf)
- [Terms of Use – DFCU Website Disclaimer](/wp-content/uploads/2019/06/WebsiteTermsofUse.pdf)
- [User Agreement for Account to Account (A2A) and Person to Person (P2P) Transfer Service](https://discoveryfcu.org/connect/a2a_p2p_user_agreement/)
- [Visa Classic Credit Card Disclosure](https://discoveryfcu.org/wp-content/uploads/2026/06/Visa-Classic-Disclosure_06_2026.pdf)
- [Visa Platinum Credit Card Disclosure](https://discoveryfcu.org/wp-content/uploads/2026/06/Visa-Platinum-Disclosure_06_2026.pdf)
- [Visa Travel Disclosure](https://discoveryfcu.org/wp-content/uploads/2024/04/Travel-Disclosures.pdf)
**Web Accessibility Notice**
Discovery FCU is committed to making our website accessible for all users and is currently taking steps and devoting resources to promote compliance with applicable laws and guidelines. We have staff whose duties include promotion of accessibility and we have engaged outside consultants to improve accessibility. Specifically, we are reviewing our website against the Web Content Accessibility Guidelines 2.0 and will continue to review our website as industry standards evolve.
If you have difficulty accessing any feature or functionality on [www.discoveryfcu.org](http://www.discoveryfcu.org/), please e-mail the credit union at so we can provide you with access through an alternative method.
---
### [A2A and P2P Transfer Service User Agreement](https://discoveryfcu.org/connect/a2a_p2p_user_agreement/)
**Published:** March 2, 2022
**Author:** Marketing
**Content:**
**USER AGREEMENT FOR ACCOUNT TO ACCOUNT (A2A) AND PERSON TO PERSON (P2P) TRANSFER SERVICE**
IMPORTANT: TO ENROLL IN THE A2A AND P2P TRANSFER SERVICE (the “SERVICE”) YOU MUST CONSENT TO RECEIVE NOTICES AND INFORMATION ABOUT THE SERVICE ELECTRONICALLY. YOU MUST HAVE THE ABILITY TO RECEIVE AND RETAIN ELECTRONIC COMMUNICATIONS BEFORE YOU ACCEPT THE TERMS OF THE USER AGREEMENT FOR A2A AND P2P TRANSFER SERVICE (“AGREEMENT”). THE AGREEMENT IS A CONTRACT BETWEEN YOU AND DISCOVERY FEDERAL CREDIT UNION (“DFCU”) REGARDING A2A AND P2P TRANSFER SERVICE (THE “SERVICE”). THIS AGREEMENT APPLIES TO YOUR USE OF THE SERVICE AND ANY PORTION OF THE DFCU ONLINE BANKING SERVICE SITE THROUGH WHICH THE SERVICE IS BEING OFFERED (“SITE”). THESE TERMS AND CONDITIONS AFFECT YOUR RIGHTS AND YOU SHOULD READ THEM CAREFULLY. BY CLICKING THE “TRANSFER” BUTTON, YOU CONSENT TO RECEIVE INFORMATION ELECTRONICALLY AND AGREE TO THE TERMS AND CONDITIONS SET FORTH IN THIS AGREEMENT. DFCU RESERVES THE RIGHT TO PROVIDE INFORMATION AND NOTICES ABOUT THE SERVICE TO YOU BY NON-ELECTRONIC MEANS.
1. Definitions.
a. Account to Account (“A2A”) transfer service permits me to transfer funds from my Eligible FI Account to a Verified Account or receive a transfer from a Verified Account into my Eligible FI Account.
b. “ACH Network” means the funds transfer system, governed by the NACHA Rules, that provides funds transfer services to participating financial institutions.
c. “ACH Rules” means the NACHA Operating Rules and NACHA Operating Guidelines, as in effect from time to time.
d. “Business Day” means any day that is not a Saturday, Sunday or credit union holiday.
e. “FI” or “credit union” refer to DCFU, including its agents and service providers, depending on the home financial center of the account(s) from which a funds transfer using the A2A and P2P Transfer Service is requested.
f. Eligible FI Account” means my DCFU deposit account that is eligible to be used with the A2A and P2P service and is enrolled in the service.
g. “I”, “me” and “my” refer to the member who agrees to the terms and conditions of this Agreement.
h. “NACHA” means the National Automated Clearinghouse Association.
i. “Payment Instruction” means the information provided by the Sender for a payment to be made to a Receiver (such as, but not limited to, name, mobile telephone number, email address, and bank account and routing number information).
j. Person to Person (“P2P”) payment service is a payment service that allows me to forward funds from my Eligible FI Account to a person with a U.S. bank account via their email address or cellular telephone number.
k. “Receiver” is a person or entity that is sent a Payment Instruction through the Service.
l. “Requestor” is a person that requests an individual to initiate a Payment Instruction through the Service.
m. “Sender” is a person or entity that sends a Payment Instruction through the Service.
n. Verified Account” means an account that I own at another financial institution located in the United States that is enrolled in the A2A service.
o. “You” and “your” refer to DFCU.
2. Scope of Agreement. This Agreement covers all funds transfers using the Service initiated by me from time to time through a DFCU online banking Site.
3. Description of Service. The A2A Service enables me to request a transfer of funds: (1) from my Eligible FI Account to a Verified Account at another financial institution; or (2) from a Verified Account to my Eligible FI Account. The P2P Service enables me to request a transfer of funds from my Eligible FI Account to a person with a U.S. bank account via their email address or cellular telephone number. DFCU uses the ACH Network to execute my A2A and P2P requests, but other methods of transfer may also be used. All requests, Payment Instructions and receipt of payments must be made through DFCU and/or the Site and are subject to the terms of my Account Agreement and this Agreement, each as in effect from time to time, other agreements and applicable laws and regulations.
4. Payment Authorization and Remittance. I hereby represent and warrant to DFCU, its directors, officers, employees and agents that I own each Eligible FI Account and Verified Account and have full right and authority to all the funds on deposit therein. In addition, by providing DFCU with names and telephone numbers, email addresses and/or bank account information of Receivers, I authorize DFCU to execute and charge my Eligible FI Account(s) for (1) any A2A transfer request to a Verified Account and from a Verified Account to my Eligible FI Account, including any related fee, subject to any applicable limit as to dollar amount or time delays to complete certain types of transfers (i.e., Next Day or Standard transfers) when my A2A transfer requests are made in accordance with the procedures established by DFCU, regardless of whether the payment request is completed, and (2) any P2P transfer request to a Receiver, subject to any applicable limit as to dollar amount or time delays to complete certain types of transfers when my P2P transfer requests are made in accordance with the procedures established by DFCU, regardless of whether the payment request is completed. Additionally, I also authorize DFCU to credit my Eligible FI Account for the receipt of payments, including but not limited to those payments returned from Receivers to whom I sent payment(s) or cancelled and returned because the processing of the Payment Instruction could not be completed.
5. Information Relied Upon by DFCU for A2A and P2P Transfers. I acknowledge and agree that DFCU is relying upon the information I provide in originating an A2A or P2P transfer on my behalf. Any errors in the information, including incorrect or inconsistent account names and numbers or the ABA number or name of the financial institution holding the Verified Account are my responsibility. Although I represent and warrant to you that I am the owner of each Verified Account and describe it to you by name and account number (or any other number), I understand and agree that if Payment Instructions identify a Verified Account by name and account number, the relevant financial institution may execute those instructions by reference to the account number only, even if such number does not correspond to the name. I understand that financial institutions holding my Verified Accounts may not investigate discrepancies between names and numbers. In addition, I agree that DFCU has no responsibility to investigate discrepancies between names and account numbers. I represent and warrant that if an account of mine has a joint account holder, each joint account holder has consented to the transfer, whether sending funds or receiving funds.
6. Limited Liability.
a. I understand and acknowledge that DFCU has no obligation to execute any request for a transfer using the Service that is not initiated in accordance with the procedures set forth in this Agreement. I further acknowledge that the acceptance and processing of an A2A or P2P transfer request is subject to the terms and conditions stated in this Agreement, as amended from time to time. This authorization shall remain in full force and effect until I have informed you by telephone at 610-372-8010 or 800-563-9383 that I have revoked my authorization and you have a reasonable opportunity to act on it.
b. I agree that DFCU will not be liable in any way for any payments that I may receive, regardless of whether I authorized the Sender to send them to me.
c. DFCU will use reasonable efforts to complete all my transfer requests properly. However, DFCU shall incur no liability if it is unable to complete any transaction because of the existence of any one or more of the following circumstances:
i. The Service is not working properly and I know or have been advised by us about the malfunction before DFCU executes the transfer request;
ii. The payment is refused as described in Section 19 below;
iii. I have not provided DFCU with the correct information, including but not limited to the correct Payment Instructions or Eligible FI Account information, or the correct name and address or mobile phone number of the Receiver to whom I am initiating a Payment Instruction; and/or
iv. Circumstances beyond DFCU’s control (such as, but not limited to, fire, flood, network or system down time, issues with the financial institution or interference from an outside force) which prevent the proper execution of the Payment Instruction.
7. Limited Power of Attorney. In connection with any request to transfer funds using the Service, I hereby give to DFCU a limited power of attorney and appoint DFCU as my true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, for me and in my name, place and stead, in any and all capacities, to originate deposits into or withdrawals from my Eligible FI Accounts and Verified Accounts, with full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection with effecting such funds transfers, verifying the content and authenticity of any Payment Instruction, complying with all applicable security procedures applicable to such transfers, as fully to all intents and purposes as I might or could in person. Once DFCU has actual knowledge that I wish to cease using the Service as provided in this Agreement or as otherwise permitted in this Agreement and has a reasonable opportunity to act on such knowledge, this limited power of attorney shall be deemed revoked; provided, however, that any act done by DFCU in good faith before you have actual knowledge of termination by me and a reasonable opportunity to act on such knowledge shall be deemed to be authorized by me. I understand and agree that at all times my relationship with the financial institution that maintains each Verified Account is independent of DFCU and my use of the Service. I shall not hold DFCU responsible for any acts or omissions by the financial institution maintaining a Verified Account with respect to it, including without limitation any modification, interruption or discontinuance of it.
I ACKNOWLEDGE AND AGREE THAT WHEN DFCU ORIGINATES A REQUEST FOR A TRANSFER USING THE SERVICE, DFCU IS ACTING AS MY AGENT. I AGREE TO INDEMNIFY AND HOLD HARMLESS DFCU AS MY AGENT UNDER THIS LIMITED POWER OF ATTORNEY AS MORE FULLY DESCRIBED BELOW.
8. Security Procedures. I agree that DFCU will initiate a funds transfer request for me only after I access my Eligible FI Account(s) through its online banking service using a User Name and Password. DFCU shall not be liable for any delay in processing my A2A or P2P transfer request if I fail to comply with this security procedure (or any other that may be established by DFCU from time to time). I acknowledge and agree that DFCU has established commercially-reasonable security procedures for the Service. I understand that the security procedure is designed to authenticate my identity before accepting a request for an A2A or a P2P transfer and not to detect errors in the content of my Payment Instruction.
9. Verification of Accounts at Other Financial Institutions. After agreeing to this Agreement and providing any additional information requested, I may enroll accounts that I hold at other financial institutions (each, a “Third Party Account”) in the A2A service. I hereby authorize you to verify a Third Party Account by using prenotes.
10. A2A and P2P Transfers.
a. Funds are deposited or withdrawn from my Eligible FI Account on the date of request. Funds are deposited or withdrawn to or from a Verified Account within 1-2 Business Days after the date of request. All payments will be processed the next Business Day or after the date the funds are deposited or withdrawn – there are no same day transactions.
b. I understand and agree that when I initiate a Payment Instruction from an Eligible FI Account using the Service, the processing of the Payment Instruction will begin and the debiting of my Eligible FI Account will occur as early as the day of such initiation. However, the payment funds will be transferred into the Verified Account or Receiver’s account no earlier than the next Business Day after I initiated the Payment Instruction. If I request a one-time Payment Instruction to be initiated on a specified date or a recurring series of Payment Instruction to be initiated on specified dates, then the processing of the Payment Instruction will begin on the specified date(s) and the debiting of my Eligible FI Account will occur as early as the specified date(s). However, the payment funds will be transferred into the Verified Account or Receiver’s account no earlier than the next Business Day following the specified date. There are no same day transactions. The Business Day on which a request for a transfer is made begins at 4:00 m. Eastern Time (“ET”) and ends at 4:00 p.m. ET of the following Business Day. (Example: If Monday and Tuesday are both Business Days, I can make a “Monday” request up until 4:00 p.m. ET.) Transactions will be processed one business date prior to the date on transfers and any outgoing credits will be subjected to a hold.
11. Receiving Payments.
a. If another person wants to initiate a Payment Instruction (in response to a P2P/A2A Request or otherwise) using the Service to an Eligible FI Account I hold or, if I as a Requestor want to initiate a P2P/A2A Request, he, she or I can do that from an Eligible FI Account at a financial institution that participates in the P2P/A2A service or at the Site.
b. I understand and agree that there may be a delay between the time I am notified of the pending Payment Instruction and the deposit of the payment funds into my Eligible FI Account, and I may be required to take additional steps to facilitate the deposit of the payment of funds into my Eligible FI Account. I authorize the Sender, the financial institution which holds the Sender’s account and DFCU (including through the Site) to send emails to me and text messages to my mobile phone in connection with the Sender’s initiation of Payment Instructions to me.
c. I acknowledge and agree that in the event that funds are transferred into my Eligible FI Account as a result of a Payment Instruction and it is determined that such transfer was improper because it was not authorized by the Sender, because there were not sufficient funds in the Sender’s account, or for any other reason, then I hereby authorize DFCU to withdraw from my Eligible FI Account an amount equal to the amount of funds improperly transferred to me.
d. If I as a Requestor initiate a P2P/A2A transfer request using the Service I acknowledge and agree that, (a) the applicable service fee will be deducted from payments received by me from a Sender(s), and (b) no service fee will be charged if I as the Requestor do not receive any payments from the individuals to whom the P2P/A2A Request is sent. I acknowledge and agree that individuals to whom I send a P2P/A2A Request may not receive, or otherwise may reject or ignore, my P2P/A2A Request. DFCU does not guarantee that I will receive any payments from individuals by initiating a P2P/A2A Request.
12. Limits on A2A and P2P Transfers. The following limits apply:
- Dollar limits for Transfers from an external account to a DFCU share
- Per Transaction – $5,000
- Daily – $5,000
- Monthly – $25,000
- Dollar limits for Transfers from an external account to a DFCU loan
- Per Transaction – $10,000
- Daily – $10,000
- Monthly – Unlimited
- Dollar limits for Transfers from a DFCU account to an external account
- Per Transaction – $10,000
- Daily – $10,000
- Monthly – $50,000
13. Eligibility. The Service is offered only to individual residents of the United States who can form legally binding contracts under applicable law. Without limiting the foregoing, the Service is not offered to minors. By using the Service, I represent that I meet these requirements and that I agree to be bound by this Agreement.
14. Prohibited Payments. The following types of payments are prohibited and we have the right but not the obligation to monitor for, block and/or reverse such payments:
a. Payments to or from persons or entities located in prohibited territories (P2P transfers are restricted to U.S bank accounts);
b. Payments that violate any law, statute, ordinance or regulation;
c. Payments related to:
i. tobacco products, prescription drugs and devices;
ii. narcotics, steroids, controlled substances or other products that present a risk to consumer safety;
iii. drug paraphernalia;
iv. ammunition, firearms, or firearm parts or related accessories;
v. weapons or knives regulated under applicable law;
vi. goods or services that encourage, promote, facilitate or instruct others to engage in illegal activity;
vii. goods or services that are sexually oriented;
viii. goods or services that promote hate, violence, racial intolerance, or the financial exploitation of a crime;
ix. goods or services that defame, abuse, harass or threaten others;
x. goods or services that include any language or images that are bigoted, hateful, racially offensive, vulgar, obscene, indecent or discourteous;
xi. goods or services that advertise or sell to, or solicit others; or
xii. goods or services that infringe or violate any copyright, trademark, right of publicity or privacy or any other proprietary right under the laws of any jurisdiction;
d. Payments relating to transactions that:
i. support pyramid or ponzi schemes, matrix programs, other “get rich quick” schemes or multi-level marketing programs;
ii. are associated with purchases of real property, annuities or lottery contracts, lay-away systems, off-shore banking or transactions to finance or refinance debts funded by a credit card;
iii. are for the sale of items before the seller has control or possession of the item, constitute money-laundering or terrorist financing; or
iv. are associated with the following “money service business” activities: the sale of traveler’s checks or money orders, currency dealers or exchanges or check cashing, or provide credit repair or debt settlement services;
e. Payments for donations or payments to an unauthorized charity or non-profit organization;
f. Payments that violate any terms in this Agreement; and
g. Payments related to tax or court ordered obligations, gambling, any unlawful activity, or any objectionable purpose as we reasonably determine.
In no event shall DFCU be obligated to research, resolve or be liable for any claims or damages resulting from your scheduling of prohibited payments. All research and resolution for any misapplied, mis-posted or misdirected prohibited payments will be my sole responsibility and not yours.
15. Acceptable Use. I agree that I am independently responsible for complying with all applicable laws in all of my activities related to my use of the Service, regardless of the purpose of the use, and for all communications I send through the Service. DFCU has the right but not the obligation to monitor and remove communications content that DFCU finds, in its sole discretion, to be objectionable in any way. In addition, I acknowledge and agree that I am prohibited from using the Service for communications or activities that: (a) violate any law, statute, ordinance or regulation; (b) promote hate, violence, racial intolerance, or the financial exploitation of a crime; (c) defame, abuse, harass or threaten others; (d) include any language or images that are bigoted, hateful, racially offensive, vulgar, obscene, indecent or discourteous; (e) infringe or violate any copyright, trademark, right of publicity or privacy or any other proprietary right under the laws of any jurisdiction; (f) impose an unreasonable or disproportionately large load on our infrastructure; (g) facilitate any viruses, trojan horses, worms or other computer programming routines that may damage, detrimentally interfere with, surreptitiously intercept or expropriate any system, data or information; (h) constitute use of any robot, spider, other automatic device, or manual process to monitor or copy the Service or the portion of the Site through which the Service is offered without our prior written permission; (i) constitute use of any device, software or routine to bypass technology protecting the Site or Service, or interfere or attempt to interfere, with the Site or the Service; or (j) may cause DFCU to lose any of the services from its internet service providers, payment processors, or other vendors.
16. Service Fees and Additional Charges. I understand and agree that I am responsible for paying all fees associated with my use of the Service. I authorize DFCU to charge my Eligible FI Account (or any other of my accounts at DFCU) for any service fees and charges applicable to transfers requested through the Service in accordance with DFCU’s fee schedule in effect at the time I make an A2A or P2P transfer request. DFCU reserves the right to change the fees charged for the use of the Service. Please refer to the Fee Schedule provided with your Account Agreement. I FURTHER ACKNOWLEDGE AND AGREE THAT ANY APPLICABLE FEES WILL BE CHARGED REGARDLESS OF WHETHER THE PAYMENT INSTRUCTION IS COMPLETED, UNLESS THE FAILURE TO COMPLETE THE PAYMENT INSTRUCTION IS SOLELY THE FAULT OF DFCU. There may be a charge for additional transactions and other optional services. I agree to pay such charges and authorize DFCU to deduct the calculated amount from my designated Eligible FI Account for these amounts and any additional charges that may be incurred by me. Any financial fees associated with my standard deposit accounts (or other Eligible FI Accounts) will continue to apply. I am responsible for any and all telephone access fees and/or Internet service fees that may be assessed by my telephone and/or Internet service provider.
17. Execution of a Request for an A2A or P2P Transfer. First time transfer requests that are scheduled for a non-Business Day will be processed the next Business Day. Subsequent recurring payments that may be deposited or withdrawn from my Eligible FI Account are not subject to that restriction.
18. Rejection or Failure of an A2A or P2P Transfer Request.
a. You reserve the right to reject my funds transfer request. You may reject my request if the dollar value of one or more of my transfer requests exceed my daily or monthly transfer limit (if applicable), if I have insufficient available funds in my Eligible FI Account for the amount of the A2A or P2P transfer, plus any applicable fee, if my request is incomplete or unclear, if you identify a security risk related to a requested transfer or if you are unable to fulfill my request for any other reason. I understand and agree that if you reject a request for an A2A or P2P transfer for one or more of the reasons set forth above, I will be informed of the rejection by secure message as soon thereafter as you have determined to reject the request.
b. If you attempt to make payments for me from my Eligible FI Account and you are unable to complete the Payment Instruction for any reason associated with my Eligible FI Account (for example, there are insufficient funds in my Eligible FI Account, or the Payment Instruction would exceed the credit or overdraft protection limit of my Eligible FI Account, to cover the Payment Instruction), the Payment Instruction may not be completed. In some instances, I will receive a return notice from DFCU. In each such case, I agree that:
i. I will reimburse you immediately upon demand the amount of the Payment Instruction if you have delivered the payment to the Receiver but there are insufficient funds in, or insufficient overdraft credits associated with, my Eligible FI Account to allow DFCU to complete the debit processing;
ii. I may be assessed a fee if the payment cannot be debited because I have insufficient funds in my Eligible FI Account, or the transaction would exceed the credit or overdraft protection limit of my Eligible FI Account, to cover the requested transfer, or if DFCU cannot otherwise collect the funds from me;
iii. The fee amount will be as set forth in the fee schedule from DFCU (including as disclosed on the Site) or my Member Agreement;
iv. I hereby authorize DFCU to deduct these amounts from my designated Eligible FI Account, including by ACH debit;
v. I will reimburse DFCU for any fees or costs you incur in attempting to collect any amounts from me; and
vi. DFCU is authorized to report the facts concerning the return to any credit reporting agency.
19. Payment Cancellation, Stop Payment Requests and Refused Payments. Sender may cancel the initiation of a Payment Instruction or stop a Payment Instruction at any time until the processing of the Payment Instruction into the Receiver’s account has begun. DFCU’s ability to stop a Payment Instruction or recover funds associated with an unauthorized Payment Instruction will depend on the manner in which the Payment Instruction was initiated, and whether the Payment Instruction to the Receiver’s account has begun processing. Although DFCU will make a reasonable effort to accommodate a stop payment request and to recover funds associated with an unauthorized Payment Instruction, DFCU will have no liability for failing to do so. I agree that I as a Sender will not hold DFCU liable for any damages resulting from a Receiver’s decision to accept or not to accept a payment initiated or attempted through the Service. You will, to the extent permitted by law, make reasonable attempts to return any unclaimed, refused, refunded, prohibited, or denied payment to my Eligible FI Account or use other reasonable efforts to return such payment to me as permitted by law.
20. Transfers Subject to the Rules of the Third Party Accounts. All funds transfers are also subject to the rules and regulations governing the relevant Third Party Accounts. I agree not to request any A2A or P2P transfers from or to Verified Accounts that are not allowed under the rules or regulations applicable to such accounts.
21. Delays, Non-Execution of Funds Transfer Request. I agree that DFCU shall not be responsible for any delay, failure to execute, or misexecution of my funds transfer request due to circumstances beyond DFCU’s reasonable control – including, without limitation, any inaccuracy, interruption, delay in transmission, or failure in the means of transmission of my funds transfer request to the bank or execution of such request by the bank, whether caused by strikes, power failures, equipment malfunctions, or acts or omissions of any intermediary bank or beneficiary bank. DFCU MAKES NO WARRANTIES, EXPRESS OR IMPLIED – INCLUDING THE FAILURE OF ANY INTERMEDIARY BANK OR BENEFICIARY BANK TO CREDIT MY BENEFICIARY WITH THE AMOUNT OF THE FUNDS TRANSFER AFTER RECEIPT OF SAME WITH RESPECT TO ANY MATTER.
22. Unauthorized A2A or P2P Transfers. I understand that if I think that someone else has learned my access credentials for online banking or an unauthorized A2A or P2P transfer or other type of online transaction has been made from one of my accounts, I must notify you immediately by telephone at 610-372-8010 or 800-563-9383 or, if I am unable to telephone you, in writing to: 2744 Century Blvd, Wyomissing, PA 19610. By providing such prompt notice, I may limit my personal liability for unauthorized transfers.
23. Significance of Electronic Notices About Service. I agree that all electronic notices sent to me regarding status of my A2A or P2P transfer requests are simply service messages and will not constitute a transaction receipt or an official bank record with respect to an A2A or P2P transfer. I acknowledge and agree that these notices will be sent to the e-mail address I provide during my enrollment in the Service, even if I have informed you separately in the past (or choose to do so in the future) to not send me marketing messages at that same e-mail address.
24. Means of Transfer. I understand that DFCU uses a variety of banking channels and facilities to make funds transfers, but will ordinarily use the ACH Network. You may choose any reasonable means that you consider suitable to complete a transfer that I request using the Service. I authorize you to choose the means you deem suitable to cause each of my A2A or P2P transfer requests to be completed successfully. These other choices include banking channels, electronic means, funds transfer systems, regular or express mail, courier, telecommunications services, intermediary banks and other organizations. I agree to be bound by the rules and regulations that govern any applicable funds transfer systems, including, but not limited to, the ACH Network, NACHA, EPN, Federal Reserve System and Clearing House Interbank Payment System (CHIPS).
25. Currency of Funds Transfer. The A2A and P2P funds transfers are made in U.S. dollars only.
26. No Unlawful or Prohibited Use. As a condition of using the A2A or P2P service, I warrant to DFCU that I will not use the Service for any purpose that is unlawful or is not permitted, expressly or implicitly, by the terms of this Agreement or by any applicable law or regulation. I further warrant and represent that I will not use the Service in any manner that could damage, disable, overburden, or impair the Service or interfere with any other party’s use and enjoyment of such service. I may not obtain or attempt to obtain any materials or information through any means not intentionally made available or provided for through the Service. I agree that these warranties and representations will remain in full force and effect even if this Agreement terminates for any reason.
27. Proprietary Rights. I acknowledge and agree that DFCU and its agents own all rights in and to the Service. I am permitted to use the Service only as expressly authorized by this Agreement. I may not copy, reproduce, distribute, or create derivative works, reverse engineer or reverse compile the technology for the Service or any your other services or technology.
28. Mobile Phone Users. My phone service provider is not the provider of the Service. Users of the Service will receive text messages related to my Payment Instructions and other notices from time to time if a mobile phone number is provided. Data and messaging charges from my telecommunications provider may apply, and I am responsible for any such charges. In the event my enrolled mobile device is lost or stolen, I agree to update your enrollment information and make the appropriate changes to disable the use of such device. I understand that there are risks associated with using a mobile device, and that in the event of theft or loss, my confidential information could be compromised.
29. Taxes. It is my responsibility to determine what, if any, taxes apply to the transactions I make or receive, and it is my responsibility to collect, report and remit the correct tax to the appropriate tax authority. DFCU is not responsible for determining whether taxes apply to my transaction, or for collecting, reporting or remitting any taxes arising from any transaction.
30. Address or Banking Changes. It is my sole responsibility and I agree to ensure that the contact information in my user profile is current and accurate. This includes, but is not limited to, name, physical address, phone numbers and email addresses. Changes can be made within the user interface of the Service or by contacting us at 610-372-8010 or 800-563-9383 or 2744 Century Blvd, Wyomissing, PA 19610. DFCU is not responsible for any payment processing errors or fees incurred if I do not provide accurate Eligible FI Account, Payment Instructions or contact information.
31. Information Authorization. My enrollment in the Service may not be fulfilled if DFCU cannot verify my identity or other necessary information. Through my enrollment in the Service as a Sender, I agree that DFCU may request a review of my credit rating at your own expense through an authorized bureau. In addition, I agree that you may obtain personal information about me as described in your Privacy Policy.
32. Errors, Questions and Complaints.
a. In case of errors or questions about any transactions, I acknowledge and agree that I should as soon as possible contact you at 610-372-8010 or 800-563-9383.
b. If I think your transaction history is incorrect or I need more information about a transaction listed in the transaction history, I must contact you no later than sixty (60) days after the transaction in which the problem or error appears is first posted in the transaction history. I must:
i. Provide my name;
ii. Describe the error or the transaction in question, and explain as clearly as possible why I believe it is an error or why I need more information; and
iii. Tell you the dollar amount of the suspected error.
c. If I notify you verbally, you may require that I send your complaint in writing within ten (10) Business Days after your verbal notification. You will tell me the results of your investigation within ten (10) Business Days after you hear from me and will correct any error promptly. However, if you require more time to confirm the nature of my complaint or question, you reserve the right to take up to forty-five (45) days to complete our investigation. If you decide to do this, you will provisionally credit my Eligible FI Account within ten (10) Business Days for the amount I think is in error. If you ask me to submit my complaint or question in writing and I do not receive it within ten (10) Business Days, you may not provisionally credit your Eligible FI Account. If it is determined there was no error DFCU will mail you a written explanation within three (3) Business Days after completion of its investigation. I may ask for copies of documents used in your investigation. You may revoke any provisional credit provided to me if you find an error did not occur.
33. Indemnity. In consideration of the Agreement by DFCU to act upon my request to make an A2A or P2P transfer in the manner provided in this Agreement, I agree to indemnify and hold DFCU, its directors, officers, employees and agents harmless from and against any and all claims, suits, judgments, executions, liabilities, losses, damages, costs, and expenses – including reasonable attorney’s fees – in connection with or arising out of your acting upon A2A or P2P Payment Instructions pursuant to this Agreement. This indemnity shall not be effective to relieve and indemnify DFCU against its gross negligence, bad faith, or willful misconduct.
34. Claims; Limitation of Liability; No Warranty. I agree that as soon as possible after I receive notification that my A2A or P2P transfer request has been executed, I will tell you of any errors, delays, or other problems related to my request. If my funds transfer request is delayed or erroneously executed as a result of DFCU’s error, DFCU’s sole obligation to me is to pay or refund such amounts as may be required by applicable law. Any claim for interest payable by DFCU shall be at DFCU’s published savings account rate in effect within the state of the financial center of the account from which the funds transfer was made. In any event, if I fail to notify you of any claim concerning my funds transfer request within one (1) year from the date that I receive notification that my request has been executed, any claim by me shall be barred under applicable law.
I AGREE THAT DFCU SHALL NOT BE LIABLE FOR ANY COSTS, FEES, LOSSES OR DAMAGES OF ANY KIND INCURRED AS A RESULT OF (1) MY GRANTING YOU AUTHORITY TO VERIFY A THIRD PARTY ACCOUNT; (2) YOUR DEBIT AND/OR CREDIT OF A VERIFIED ACCOUNT OR YOUR INABILITY TO DEBIT AND/OR CREDIT SUCH ACCOUNT(S) IN ACCORDANCE WITH MY PAYMENT INSTRUCTIONS; (3) ANY INACCURATE OR INCOMPLETE INFORMATION RECEIVED FROM ANOTHER FINANCIAL INSTITUTION IN CONNECTION WITH VERIFYING A THIRD PARTY ACCOUNT OR EXECUTING A TRANSFER WITH A VERIFIED ACCOUNT; (4) ANY CHARGES IMPOSED BY THE FINANCIAL INSTITUTION HOLDING A VERIFIED ACCOUNT; AND (5) ANY TRANSFER LIMITATIONS SET BY A FINANCIAL INSTITUTION HOLDING A VERIFIED ACCOUNT. IN NO EVENT SHALL DFCU BE RESPONSIBLE FOR ANY INCIDENTAL OR CONSEQUENTIAL DAMAGES OR EXPENSES ARISING IN CONNECTION WITH MY A2A OR P2P TRANSFER REQUEST. EXCEPT AS MAY BE EXPRESSLY SET FORTH IN THIS AGREEMENT, DFCU, ITS DIRECTORS, OFFICERS, EMPLOYEES AND AGENTS HEREBY DISCLAIM ALL WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON- INFRINGEMENT OF INTELLECTUAL PROPERTY OR THIRD PARTY RIGHTS. DFCU MAKES NO WARRANTY OR REPRESENTATION REGARDING THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SERVICE, THE ACCURACY OR RELIABILITY OF ANY INFORMATION OBTAINED THROUGH THE SERVICE, THE ACCURACY OF ANY INFORMATION RETRIEVED BY DFCU FROM ANY FINANCIAL INSTITUTION HOLDING ANY VERIFIED ACCOUNT OR THAT THE SERVICE WILL MEET ANY REQUIREMENTS OF ANY USER, BE UNINTERRUPTED, TIMELY, SECURE OR ERROR FREE.
35. Amendments. I agree that you reserve the right to change the terms and conditions of this Agreement as required by law or DCFU policy. Unless otherwise required by law, you may amend this Agreement without prior notice to me. If you choose to notify me of an amendment or are required to do so by law, you may ask me to agree to an amended version of this Agreement electronically, or mail or deliver a separate notice, statement message or electronic message to me at the last address you have on file for me.
36. Governing Law. This Agreement shall be governed by the laws of the Commonwealth of Pennsylvania and federal law, as applicable.
37. Electronic Consent and Acceptance of Terms and Conditions. In order to enroll to use the A2A or P2P service, I consent to receive and accept the terms and conditions of the User Agreement for the Account to Account Service and Person to Person Service, and any amendments to it, electronically. In the event any change to this Agreement requires prior notice to me, DFCU will notify me by electronic notice, at the public e-mail address I have provided for notices pertaining to this service, of the new or different terms and conditions or will provide me with a link within such electronic notice where I may view the new or different terms and conditions on a web site. I understand and agree that you reserve the right to provide any such notices to me in printed form. A record of each funds transfer request will be made available to me electronically at the time each A2A OR P2P transfer is requested and in summary form as part of the periodic statement for my Eligible FI Account to or from which the A2A or P2P transfer is requested. I may withdraw my consent to having this information provided to me electronically by contacting you by telephone at 610-372-8010 or 800-563-9383, however, by doing so I understand that I will terminate my right to use the Service. Withdrawing my consent in this manner will not prevent me from re-enrolling for the Service.
38. Required Equipment. In order to use the Service and to view and retain a copy of the terms and conditions contained in this Agreement, I understand that I must have a computer equipped with at least: a browser with 128-bit encryption; and either a printer or a disk drive or other electronic storage device. I understand that I can also obtain a printed copy of this Agreement by calling 610-372-8010 or 800-563-9383.
39. Consent and Agreement. By clicking on the “Transfer” button below, I agree: (1) I have software and equipment that satisfies the above requirements; (2) to receive information about the Service, including the Agreement and any subsequent amendments to it, electronically; and (3) have received an electronic version of the Agreement and Fee Schedule and agree to be bound by the terms and conditions contained therein. Because enrollment for the Service can only occur electronically, I understand that I will be unable to proceed if I do not click on this button. DFCU reserves the right to provide information and notices about the Service to me by non-electronic means.
**A2A Service Fee Schedule**
Please refer to the DFCU Rate and Fee Schedule provided with your Account Agreement.
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### **Discovery is here to serve our members every way we can.**
---
### [Online & Mobile Banking](https://discoveryfcu.org/upgrade/)
**Published:** November 13, 2020
**Author:** Marketing
**Content:**
### Discover an Amazing User Experience
We’ve reimagined the online and mobile banking experience. With more features and functionality, you’re going to love the convenience of this easy-to-use and versatile platform. Our online and mobile platforms deliver:
- One login to manage multiple Discovery FCU accounts
- Unique login credentials for primary and joint owners
- The latest in security controls and fraud protection
- Ability to make external account transfers
- An easier way to pay bills to businesses and people
- Quickly block and unblock your debit card
- Track your weekly spending habits
- And more!
# Steps to Get Started
To access our online & mobile banking system, you first need to enroll.
1. If you are enrolling from a PC/Laptop, click on the Online Banking button located in the main menu navigation of our website. If you’re using our mobile banking app, proceed with step 2.
2. Click on the **Enroll** button.
3. Enter your account number, date of birth, and social security number. If you are a joint owner, enter your own date of birth and social security number, not the primary account owner’s information.
4. Create a unique username and password. You will use the same username and password for both online and mobile banking.
5. Agree to the Terms & Conditions, click **I’m not a robot** and click **Submit.**
6. A verification code will be sent to the e-mail address we have on file for you.
7. Enter the verification code in the field provided and click **Submit**.
8. A Welcome to Online Banking message will display.
9. Now, you’re all set to login with your new username and password.
*If you do not have an e-mail address on file with the credit union, you will not be able to enroll in online/mobile banking. Please call the credit union at 610.372.8010 to provide us with your valid e-mail address.*
If you are enrolling to access a business account’s information and you have a personal account at Discovery FCU, you will see your business account information when you log in to your personal account. To access your e-statements and make mobile check deposits to your business account, you’ll need a separate login specific to your business account. Use your business account number, your business TIN, and your business start date. If your business start date is not on file with the credit union, please call the credit union at 610.372.8010 to update your information.
##### **Unique Login Credentials for Primary Owners and Joint Owners**
Joint owners have their own unique usernames and passwords. When enrolling, primary and joint owners should use their own date of birth and social security number and create their own unique username and password. Please note that due to federal regulations, e-statements can only be viewed under the primary member’s online banking session.
##### **E-Statements**
To sign-up for E-Statements, in online banking or the mobile app, click “More” and then “Statements.” There you will find simple instructions. [Click here](https://discoveryfcu.org/save/e-statements-how-to/) for a video tutorial on how to sign up for E-statments from your desktop.
##### **Mobile Banking App**
Download our mobile banking app today! You will use the same username and password for both online banking and our mobile banking app.
##### **[](https://apps.apple.com/us/app/discovery-fcu-mobile/id964932172) [](https://play.google.com/store/apps/details?id=com.bankjoyapp.discovery)**
##### **Mobile Check Deposit**
Easily deposit your check through the mobile app. You can make a mobile check deposit to any account you are owner of. If you are trying to make a mobile deposit to a business account, you need to create separate login credentials for your business account.
##### **Browser Compatibility**
Internet Explorer is NOT supported. We recommend using the most up-to-date versions of Chrome, Firefox, or Edge.
##### **How to Logout**
To log out of online banking, click the door icon with an arrow pointing to the right, located in the upper right-hand corner of the screen. If you are using our mobile banking app, click on the ‘**More**‘ menu option, and click ‘**Sign Out**‘. The ‘Sign Out’ menu option is the last option listed.
##### **How to enable Touch ID/FaceID**
To enable Touch ID or Face ID on your mobile banking app, click on the ‘**More**‘ menu option, then click on ‘**App Settings**‘, and select the toggle button to enable Touch ID, Face ID, or enable PIN. *The next time you log in to the mobile banking app, you may need to touch the fingerprint icon on the login page to activate TouchID.*
##### **Update Your Personal Information**
You can update your e-mail address, telephone numbers, and street address associated with your Discovery FCU accounts within online and mobile banking using the **Profile Settings** feature.
[Learn How to Update Your Profile ](https://discoveryfcu.org/updateprofile)##### **Primary & Joint Accounts Displayed Under One Login**
All of your Discovery FCU accounts (primary and joint) are displayed under one login. You might not have realized that you are joint on an account, or you may have been joint on your child’s account at one time and now you no longer want to be joint on their account. If you want to be removed as a joint owner from an account, [click here to complete a Remove Joint Owner Request Form](https://powerforms.docusign.net/bcaccb48-1f64-41b7-8645-feea3426fc02?env=na3&acct=a50055cc-1ff1-47f4-9ff4-8e8ee8a6a1c6).
##### **External Account Transfers**
External account transfers allow you to transfer ***your*** money from another financial institution to your Discovery FCU account or send money from your Discovery FCU account to ***your account*** at another financial institution. To set up your external accounts, click on ***My Finance, Recipients, External Accounts, Add External Account.***
##### **Person-to-Person Transfers**
Send money from your Discovery FCU account to anyone that has an account at a financial institution (including other Discovery FCU members), and an e-mail address or text message-capable mobile device. To set up Contacts, click on ***My Finance, Recipients, Contacts, Send Invite.***
*When setting up person-to-person transfers with other Discovery FCU members, you’ll need to know your sub-account number associated with your account. [C](https://discoveryfcu.org/account-numbers/)[lick here for more information about numbers associated with your Discovery FCU account. ](https://discoveryfcu.org/account-numbers/)*
[Learn More about Person to Person Transfers ](https://discoveryfcu.org/p2ptransfers)##### **Bill Pay**
Pay bills on the go. You can access bill pay in two ways. Click on ***My Finance, Bill Pay,*** or click on the ***+ button*** and click on ***Pay Bill.***
##### **Accounts Arranged in Tiles**
In the mobile banking app, accounts are arranged in tiles for easy viewing. In online banking, you have the option to view your accounts in tiles, similar to the mobile banking app, or in a list. Both tile view and list view provide a quick menu option to transfer money, add alerts, or hide the account from the dashboard. Simply click on the three dots located in the upper right corner of the tile or to the far right in the row in the list view.
****
##### **Weekly Spending Widget**
Quickly and easily track your spending trend over the last seven days on your primary account from your dashboard.
##### **Customize Your Dashboard**
You can choose how you want your dashboard to look. You can group accounts and give that group a special name. You can choose the order in which your accounts are displayed on your dashboard and you can hide and unhide accounts. Simply click on the customize dashboard icon located in the upper right corner in online banking or towards the bottom of your dashboard in the mobile banking app.
##### **My Finance Section**
You have your own personal financial hub for managing your finances in the new ***My Finance*** section. You have quick access to view and manage your loan and credit card payments, scheduled account transfers, account transaction history, external accounts & contacts, and bill pay.
##### **Cards Section**
You can block and unblock your Discovery FCU debit card within the new online and mobile banking platform. You no longer need the separate CardValet app to do this. Simply click on the ***Cards*** menu option to access this feature. You’ll also access your credit card information within the ***Cards*** menu option; however, you won’t be able to block and unblock your credit card within the new platform. You will need to download and use the SecurLock Equip mobile app for this capability.
*When accessing this feature in mobile banking, if you have multiple cards with the credit union, you will need to swipe left or right to view your individual cards.*
##### **Quick Access to Options & Features with the *+ Button***
In online banking, you can quickly access the ***Add Alert*** and ***Pay Bill*** features when clicking on the ***+ button*** located in the upper right corner. In the mobile banking app, click on the ***+ button*** to access ***Remote Deposit, Transfer Money, Pay Bill,*** and ***Add Alert*** features***.***
*When adding alerts, if you do not have a personal cell phone number or e-mail address listed on your account, you will receive an error message when establishing your alerts.*
##### **Additional Menu Options Under More**
You can manage your profile settings & account information, set up account alerts, view your e-statements & e-documents, send us secure messages, view important information, and more by clicking on the ***More*** menu option.
---
### [Traditional and Roth IRAs](https://discoveryfcu.org/save/traditional-roth-iras/)
**Published:** February 7, 2019
**Author:** ironcore
**Content:**
### Plan for Your Future with Individual Retirement Accounts
Our flexible IRA accounts help you save for retirement, and save on taxes, too. Even if you already have a 401(k), a Discovery FCU IRA is a good way to supplement an employer-sponsored plan. Some of our IRAs are even held as fixed-rate share certificates with terms from 6 to 60 months, allowing you to create a strategy that works for you.
**Which IRA is Right for You?**
#### [Traditional IRA](#1579122985368-6f18a60d-a601)
**Eligibility**
- Eligible to anyone with an annual income or compensation of any kind.
**Contribution Rules**
- Maximum of $6,000 per year per person if you are under 50 years old, maximum of $7,000 per year per person if you are over 50 years old.
**Tax Benefits**
- Contributions are tax deductible
- Contributions and earnings grow tax-deferred until withdrawn
**Withdrawals & Distributions**
- Penalty-free withdrawal after 59 ½ years old
- Required Minimum Distribution (RMDs) begin at age 72
- Withdrawals are subject to tax (income tax, and estate or other taxes may apply)
- 10% Early Withdrawal Penalty due unless withdrawn for qualified reason (See IRS.gov to get updated info on qualified withdrawals)
#### [Roth IRA](#1579122985392-26f7b9dd-2dc0)
**Eligibility**
- Eligible to anyone with an annual income less than the limit. See IRS.gov for each year’s income limit.
- There are no age restrictions.
**Contribution Rules**
- Maximum of $6,000 per year per person if you are under 50 years old, maximum of $7,000 per year per person if you are over 50 years old.
- No age limit for contributions, in some states.
**Tax Benefits**
- Contributions are not tax deductible.
- Earnings are tax-free, no taxes are due upon withdrawal.
**Withdrawals & Distributions**
- Penalty-free withdrawals after 59 ½ years old.
- No Required Minimum Distribution (RMD) for a Roth IRA.
- Withdrawals are not subject to tax (income tax does not apply, estate or other taxes may apply.)
- 10% Early Withdrawal Penalty due unless withdrawn for a qualified reason (See IRS.gov to get updated info on qualified withdrawals.)
[**VIEW SAVINGS RATES**](https://discoveryfcu.org/rates/)
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![discovery fcu traditional roth iras]()
### **OPEN A DISCOVERY FCU TRADITIONAL OR ROTH IRA**
- No monthly maintenance fees
- Easy, convenient contribution options including direct deposit, account transfers, by mail or in person
- Choose the IRA that fits your individual needs
- Higher-rate IRA certificates available
- Dividends compounded and paid monthly
- A secure way to save for your retirement
---
### [Online Agreement and Disclosures](https://discoveryfcu.org/online-agreement-and-disclosures/)
**Published:** June 23, 2020
**Author:** Marketing
**Content:**
**DISCOVERY FEDERAL CREDIT UNION**
Online & Mobile Banking Agreement and Terms & Conditions
**Introduction**
The use of Discovery Federal Credit Union Online Services constitutes acceptance of this agreement and disclosures.
Discovery Federal Credit Union Online Services are designed to assist members in communicating with us and providing various means to send and receive data services as it relates to your accounts.
We offer various methods for members to access Online Services including downloadable mobile apps for popular mobile devices, desktop banking, and an online banking website designed for mobile devices. Available services include access to account information, various account fund transfers, mobile remote deposit services, and other related services. Any added Online Services and future features will be governed by this Agreement and Disclosure and by any terms and conditions provided to you at the time the new service or feature is added, or at the time of enrollment for the feature or service if applicable. From time to time, we may amend these terms and modify or cancel the Online Services we offer without notice, except as may be required by Law.
Each of your accounts at Discovery Federal Credit Union is also governed by the applicable account disclosure/agreement and Truth In Savings disclosure you received when you opened your account.
**Definitions**
As used in this Agreement and Disclosure, the following words will have the definitions given below:
‘Account(s)’ means your eligible Discovery Federal Credit Union checking, savings, loan, share certificates, and other Discovery Federal Credit Union products and services that can be accessed through the Online Service.
‘Device’ means any computer such as a PC, MAC, iPad, Tablet, or any cellular telephone, smartphone, or similar wireless communication device onto which you have downloaded software provided by us, or which allows SMS text communications, for the purpose of conducting business with us. Your wireless carrier may assess you fees for data or text messaging services. Please consult your plan or provider for details.
‘Online Services’ means any banking and/or communication services initiated between you and us using a Device. ‘You’ and ‘Your(s)’ mean each person with authorized access to your Account(s) who applies and uses the Mobile Banking Service. ‘We’,’ Us’, and ‘Credit Union’ means Discovery Federal Credit Union.
**Online Services**
In order to utilize our Online Services, you must be enrolled in Home banking through our website at https://www.Discoveryfcu.org/.
Using Discovery Federal Credit Union Online Services allows you to access your personal account information, use bill pay, transfer funds between your accounts, deposit items remotely, view account statements and conduct other banking transactions and inquires. All services may not be available on all devices because of the device or other technical service limitations.
We reserve the right to limit the types and number of accounts eligible and the right to refuse to make any transaction you request through our Online Services. We may also reserve the right to modify the scope of our Online Services at any time.
Our Online Services may not be accessible over some wireless, or wired network carriers or providers. In addition, services may not be supportable for all Devices. Discovery Federal Credit Union cannot guarantee and is not responsible for the availability of data services provided by your mobile carrier, or any network, such as but not limited to, data outages, connectivity outages, or ‘out of range’ issues.
You agree to accept responsibility for learning how to use Online Services in accordance with the instructions and agree that you will contact us directly if you have any problems with any service.
We may modify any Online Service from time to time at our sole discretion. In the event of any modifications, you will be notified prior to the implementation of modifications. You are responsible for making sure you understand how to use each service as modified. You also accept responsibility for making sure that you know how to properly use your Device and we will not be liable to you for any losses caused by your failure to properly use the service or your Device.
You agree that, when you use any Online Service, you remain subject to the terms and conditions of your existing agreements with any unaffiliated service providers, including, but not limited to, your mobile service provider and that this Agreement does not amend or supersede any of those agreements. You understand that those agreements may include fees, limitations, and restrictions which might impact your use of our services (such as data usage or text messaging charges imposed on you by your mobile service provider), you agree to be solely responsible for all such fees, limitations, and restrictions. You agree that only your mobile service provider is responsible for its products and services. Accordingly, you agree to resolve any problems with your provider directly without involving us.
Any deposit account, a loan or other credit union product accessed through this service is also subject to the Account Agreements and Disclosures provided at the time of account opening. You should review the Account disclosures carefully, as they may include transaction limitations and fees which might apply to your use of our Online Services.
**ENROLLING IN ONLINE BANKING** You will be prompted to enter your account number, date of birth, and social security number during enrollment. If you are a joint owner, enter your own date of birth and social security number, not the primary account owner’s information. If you are enrolling to access a business account’s information and you have a personal account at Discovery FCU, you will see your business account information when you log in to your personal account. If you do not have a personal account at Discovery FCU, when you enroll, use the business account number, your social security number, and your date of birth. After this information is verified, you will proceed to create a unique username and password. You will use the same username and password for both online banking and our mobile banking app.
Multi-factor Authentication
During enrollment, when using a new device or processing updates to your phone number, email address, or residential address a verification code will be sent to your email or personal cell phone number on file at the credit union. This verification code will be required to complete the transaction.
**Transfer Types and Limitations**
**Types of Transfers**
You may transfer funds between any two of your Accounts about which you have provided the necessary information to funds transfer. Transfers can be between Accounts within the same financial institution or at an unrelated financial institution (You may also use the Service to transfer funds from one of your Accounts to an account of a Recipient. Specific instructions for transferring funds to an account of a Recipient are available by clicking on the “Recipients” tab.
You authorize us to select any means to execute your funds’ transfer instructions. You understand that to affect your funds’ transfer instruction we utilize the Automated Clearing House (ACH), using applicable ACH Rules, we debit one of your Accounts and credit another of your Accounts or an account of a Recipient.
In the event that a debit to any of your Accounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account, we reserve the right, and you hereby authorize us, to debit any of your other Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement
**Recurring/Repeating Transfers**
Your credit union’s home banking Scheduled Transfer Service enables you to manage certain automatic transfers between accounts at the credit union.
**By activating one or more** Scheduled Transfers**, you agree to the following terms and conditions:**
Each of your accounts at Discovery FCU is also governed by the applicable account disclosure/agreement and Truth In Savings disclosure you received when you opened your account. You may schedule transfers, that do not vary in amount, to automatically occur on a regular schedule of your choice. The Scheduled Transfers that you set up cannot start on the same day you enter them.
Scheduled Transfers will be processed on each scheduled transfer date. Scheduled Transfers are processed prior to 9:00 A.M. on each Calendar Day. A Scheduled Transfer may be changed or canceled only if done so prior to the scheduled transfer date.
Your Scheduled Transfers are also covered under Regulation E. Please refer to the section titled “In Case Of Errors Or Questions About Electronic Transfers” on your statement of account for additional information.
Please be aware that the credit union may permanently cancel any Scheduled Transfers you have set up on this service if the credit union is unable to process the transfer for any reason. This includes, but is not limited to, the inability to process a scheduled transfer because of a closed account, insufficient funds, or any other reason.
All provisions of any agreements or disclosures previously made pertaining to your credit union accounts remain in effect and are not superseded or amended by this agreement.
**Limitations on Account Transfers**
You may use our Online Services products to transfer funds between your eligible Discovery Federal Credit Union accounts and accounts at other financial institutions. You may not transfer to or from an account at another financial institution using our service.
Federal regulation (Reg. D) requires financial institutions to limit the way withdrawals may be made from a savings account. Each transfer from a savings account using Online Services is counted as one of the six limited transactions permitted during each monthly statement cycle period, as described in the Disclosure of Account Terms.
We may also limit the type, frequency, and amount of transfers for security purposes and may change or impose limits without notice, at our discretion.
**Mobile Deposit Capture**
Deposits to your Discovery Federal Credit Union account may be made remotely using your smartphone device by submitting an image of the front and back of a check.
A suitability review will be done for all new and existing members and this review will involve consideration of the member’s length of membership, transaction activities, overdraft history, frequency and amount of direct deposit, and overall relationship with the credit union.
Eligible Items for Deposit through Mobile Deposit Capture are ‘checks’ as defined in Federal Reserve Regulation CC. You agree that the image of the check transmitted to us shall be deemed an ‘item’ within the meaning of Article 4 of the Uniform Commercial Code.
Unacceptable Items for Deposit include:
\* Checks are drawn on a foreign bank
\* Money orders
\* Traveler’s checks
\* Checks payable to an individual not on the account
\* An item drawn on your account at Discovery Federal Credit Union
\* An item that contains evidence of alteration
\* A check previously converted to a ‘substitute check’, as defined in Regulation CC
\* A stale-dated, expired, or postdated item
\* Any item that has been re-deposited or returned such as ‘non-sufficient funds’ or ‘Refer to maker’ or any other reason
\* Cash
\* Savings Bonds
Deposits made through Mobile Banking using the Mobile Deposit Capture method will follow the same availability requirements as any other deposit we receive from you. Regular hold times are as follows:
\* All checks deposited on one business day will be combined for an aggregate amount
\* The first $275 will be made available the 1st business day after the day of deposit
\* The remaining amount will be made available the 2nd business day after the day of deposit.
\* All credit is provisional until the credit has been received by the paying financial Institution
We reserve the right to extend any hold placed in an emergency situation where there is a failure of communications or computer equipment and if we have any reason to believe an item will not be paid.
You agree that any items submitted for deposit using our Remote Deposit Capture service include the following Endorsement, Retention and Disposal requirements:
\* You agree to properly endorse the check on the back as it appears on the Payable to line and the words FOR MOBILE DEPOSIT ONLY DISCOVERY FEDERAL CREDIT UNION as required.
\* You agree to securely store each original check that you deposit using these services for a period of at least sixty (60) days. Upon request, you agree to promptly provide the item to the credit union to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for auditing purposes. If you are unable to provide the credit union with the check requested, you will be liable for any unresolved claims by third parties.
\* You agree to never re-present a check for deposit
\* You understand and agree that you are responsible for any loss caused by your failure to secure the original checks
**Alerts**
Your credit union’s online banking alerts service (“alerts”) enables you to receive notices from time to time concerning information on your account(s).
**By activating one or more of the notices offered by the alerts service, you agree to the following terms and conditions:**
The alerts service allows you to request and receive electronic messages about your accounts at the credit union. We send alerts to you based upon the instructions you provide to us. Your instructions are neither reviewed nor verified by the credit union at any time prior to, or following your activation of the alerts service. You hereby acknowledge and accept that each alert is sent to you without being encrypted and may include your name and information pertaining to your credit union account(s).
You may receive alerts through a text-enabled cellular phone, an e-mail account that is accessed via a personal computer, or both. It is your responsibility to determine if your cellular phone service provider supports text messaging and your telephone is capable of receiving text messages. The credit union’s alerts are subject to the terms and conditions of your agreement(s) with your cellular phone carrier and/or internet service provider. You are responsible for any fees imposed by your cellular phone service and/or internet service provider even if your use of the alerts causes those fees to change.
You acknowledge, agree, and understand that your receipt of any alerts may be delayed or prevented by factor(s) affecting your cellular phone service provider, the internet service provider(s), and other factors outside our control. We neither guarantee the delivery nor the accuracy of the contents of any alert. You agree to not hold the credit union, including its agents, employees, or volunteers, liable for any losses, damages, or costs that may arise in whole or in part, from:
(a) a non-delivery delayed delivery or the misdirected delivery of any alert;
(b) inaccurate or incomplete content in any alert; or
(c) your reliance on or use of the information provided in any alert for any purpose.
The credit union provides this service as a convenience to you for information purposes only. An alert does not constitute an official record for the account to which it pertains. The credit union reserves the right to terminate its Alerts service or begin charging a fee for such service at any time without prior notice to you. All provisions of any agreements or disclosures previously made pertaining to your credit union accounts remain in effect and are not superseded or amended by this agreement.
**Additional Services Available Within Secure Online Banking**
In addition to Online Banking electronic fund transfers, you can log into Discovery Federal Credit Union’s secure Online Banking system to perform the following additional activities:
1. Complete consumer loan application;
2. Enroll in e-mail or text account status alerts;
3. Order checks;
4. View cleared check images;
5. Use the Online Bill Pay feature to set up electronic bill presentment from participating billers;
6. Update your personal information including your name, postal address, e-mail address, and telephone number.
7. Update your Online Banking access credentials;
8. Exchange secure messages with Credit Union personnel
**Fees Charged for Online Services**
Currently, Discovery Federal Credit Union does not charge fees for subscribing to or using our Online Services. However, we may assess fees (a) as described in the applicable product or Account Disclosure Statement or current fee schedule.
We reserve the right to institute or change fees for Online Services by sending you prior notice.
**Responsibilities**
You represent that you are the legal owner of the Accounts and other financial information which may be accessed using Mobile Banking. You represent and agree that all information you provide to us in connection with any Online Service is accurate, current and complete and that you have the right to provide such information to us for the purpose of using our services. You agree not to misrepresent your identity or your account information. You represent that you are an authorized user of the Device you will use to access Online Services. You understand that you are solely responsible to verify that any items deposited using the Mobile Deposit Capture have been received by us.
**Unavailability of Services**
You understand and agree that the services may at times be temporarily unavailable due to system maintenance or technical difficulties. In the event any of the services included in our Online Services are unavailable, you acknowledge that you can get your account information, deposit an original check, or conduct other business at our branches or by mail.
**Security**
You agree to take every precaution to ensure the safety, security, and integrity of your account and transactions when using Online Services. You agree not to leave your Device unattended while logged into Home banking, Mobile Apps, or any other service and to log off immediately at the completion of each access by you. You agree not to provide any of your access information to any unauthorized person. If you permit other persons to use your Device, login information, or any other means to access Online Services, you will be held responsible for any transactions they authorize and we will not be liable for any damages resulting to you.
We make no representations that any Online Service will be available for use in locations outside of the United States.
**Conduct**
You agree not to use Online Services or the content, or information delivered through any of our services, in any way that would be considered illegal.
**Lost or Stolen Device or Password; Unauthorized Transfers**
If you believe your user name (Login ID), password, or any access device has been lost or stolen, or that someone has transferred or may transfer funds from your account without your authorization, contact us AT ONCE at 610-372-8010 or 800-563-9383. For a description of your and the Credit Union’s responsibilities and liability with respect to unauthorized transactions review the appropriate sections of your account’s Deposit Agreement.
**In Case of Errors or Questions about Your Account**
Please refer to the Deposit Agreement given at account opening for a description of the error resolution process as well as how transfer and deposits are processed on your account. If you need a copy of the agreement or have additional questions regarding Online Services, please contact our e-Services Department by using one of the following methods:
- Telephone at (610) 372-8010
- Email memberservices@Discoveryfcu.org
- Send a message directly from your Discovery online banking account
- Mail to: Discovery Federal Credit Union, Member Services Department, 2744 Century Blvd., Wyomissing, PA 19610
**Privacy**
Our Online Banking database is a private system operated for the exclusive use of our members. We use SSL encryption and digital server authentication to ensure the privacy of your information when sending data between our Online Banking server and your PC.
All Online Banking logins are logged by the server. For authenticated members who use Online Banking, we collect and store certain information such as how often you visit the Online Banking section, dates and times of visits, and which pages are being used. We use this information for internal review and product evaluation only. We never sell, transfer, or trade this information unless we are compelled to do so by law.
We may gather and store additional information available to us on failed login attempts and other activities we consider a threat to our system. In these cases, we will share this information with other companies, agencies, and law enforcement officials as we determine necessary or as we are required by law.
**Protecting Children’s Online Privacy**
We do not knowingly collect, nor are our Online Services designed or directed, to use personal information from children under the age of 13 without containing verifiable consent from their parents. Should a child whom we know to be under the age of 13 send personal information to us, we will only use that information to respond directly to that child, seek parental consent or provide parental notice.
**Indemnification**
Unless caused by our intentional misconduct or gross negligence, you agree to indemnify, defend and hold harmless Discovery Federal Credit Union its officers, directors, employees, consultants, agents, service providers, and licensors from any and all third party claims, liability, damages, expenses and costs caused or arising from (1) a third party claim, dispute, action, or allegation of infringement, misuse, or misappropriation based on information, data, files, or otherwise in connection with our Online Services; (2) your violation of any law or rights of a third party; or (3) your use, or use by a third party of any Online Services.
These terms and conditions can change at any time without notice. You agree to accept and acknowledge the change in terms when you agree to these terms and conditions.
**Discovery Federal Credit Union’s Internet Bill Pay Service**
**Terms and Conditions Agreement**
Note: All references within this document to the terms “Payment Service” and/or “Service” reflect the Internet Bill Pay Service offered by Discovery Federal Credit Union. “You” or “Your” means each person who is authorized to use the Service.
You may use Discovery Federal Credit Union’s Bill Pay Service to direct Discovery Federal Credit Union to make payments from your designated credit union accounts to the Payees you choose in accordance with this agreement. The terms and conditions of this agreement are in addition to the account agreements, disclosures and other documents in effect governing your credit union account(s).
Bill Pay Service
I acknowledge electronic receipt of the Terms and Conditions Agreement (“Agreement”) associated with Discovery Federal Credit Union’s Internet Bill Pay Service and agree that I have read and will abide by this agreement. I also agree Discovery Federal Credit Union does not need to provide me with an additional paper (non-electronic) copy of this Agreement unless specifically requested. I also acknowledge that I have read and will abide by Discovery Federal Credit Union’s Electronic Services Agreement and Disclosure. I understand that an additional copy of this agreement can be provided to me by the Credit Union per my request.
Use of a Third-Party Bill Pay Service Provider
MYCU Services, LLC, a wholly-owned subsidiary of Mid-Atlantic Corporate Federal Credit Union, is the third-party bill pay service provider Discovery Federal Credit Union has contracted with to provide online bill pay services to its members. MYCU Services will be processing bill payments and, in addition to Discovery Federal Credit Union’s member service, can answer questions directly related to these member-initiated bill payments. Accordingly, the term “MYCU Services” represents the member service provided by MYCU Services to Discovery Federal Credit Union’s bill pay subscribers on the Credit Union’s behalf. MYCU Services partners with iPay Technologies, the leading independent provider of Internet bill payment services, to provide its bill payment product to Credit Unions. Discovery Federal Credit Union, at its sole discretion, reserves the right to change Internet bill pay service providers.
Enrollment Request for the Internet Bill Pay Service
Discovery Federal Credit Union reserves the right to refuse enrollment in the Internet Bill
Pay Service to any member who does not meet the Internet Bill Pay Service criteria which have been established by the Credit Union and/or MYCU Services.
Internet Bill Pay Service
As used in this Agreement, the term “Payee” means the vendor, biller, person or entity to which you wish a bill payment to be directed; “Payment Instructions” means the information provided by you to the Service for a bill payment to be made to your Payee (e.g., Payee name, account number, payment amount, payment date, etc.).”Payment Account” means your designated Credit Union account, and in the instance of non-sufficient funds and/or an overdrawn account, any applicable share account(s) at Discovery Federal Credit Union, from which all bill payments may be made and/or such funds collected; “Business Day” means Monday through Friday, excluding Federal Holidays and Credit Union holidays; “Payment Date or Process Date” means the Business Day of your choice upon which your bill payment will be made and your Payment Account will be debited; and “Cutoff Time” means 2:00 p.m. Eastern Standard Time on any Business Day, and is the time by which you must transmit instructions to have them considered on that particular Business Day.
Payment may be deducted from your Payment Account by two methods. The two methods are: 1) Via an electronic debit through the Automated Clearing House (ACH) Association or 2.) Via a draft drawn on your account and processed through the Federal Reserve System (as if you had written a check drawn upon your Checking Account).
By providing the Payment Service with the names and account information of those entities and/or persons to whom you wish to direct payment, you authorize the Service to follow Payment Instructions that it receives from you and your authorized user(s) through the Internet Bill Pay Service. When the Service receives a payment instruction, you authorize it to debit your Payment Account and remit funds on your behalf so that the funds arrive as close to the Business Day designated by you as soon as reasonably possible.
For this reason, it is necessary that all Payment Dates selected by you be no less than six (6) Business Days before the actual due date for payments that are being sent by check and three (3) Business Days for ACH payments. It is your responsibility to schedule your bill payments in such a manner that your obligations will be paid on time. Payment instructions entered after the Cutoff Time of 2:00 p.m. EST or on a non-Business Day will be considered entered in the Service on the next Business Day. In any event, including but not limited to, choosing a Payment Date which is not six (6) Business Days before the due date, or on or past the due date stated on your invoice or bill, the risk of incurring and the responsibility for paying any and all late charges or penalties shall be borne by you.
The Bill Pay Process
Single Payments – A single payment will be processed on the business day that you designate as the payment’s process date, provided the payment is submitted prior to the daily Cutoff Time on that date. A submitted payment after the Cutoff Time on the designated process date will be processed on the next business day. If you designate a non-business day or Federal and/or Credit Union holiday as the payment’s process date, the payment will be processed on the first business day following the designated process date.
Recurring Payments – When a recurring payment is processed, it is automatically rescheduled by the Service. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non-business day or Federal and/or Credit Union holiday, it is adjusted based upon the following rules:
1. If the recurring payment’s “Pay Before” option is selected, the process date for the new occurrence of the payment is adjusted to the first business day prior to the calculated process date.
2. If the recurring payment’s “Pay After” option is selected, the process date for the new occurrence of the payment is adjusted to the first business day after the calculated process date.
Note: If your frequency settings for the recurring payment specify the 29th, 30th or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated process date, then the last calendar day of that month is used as the calculated process date.
Available Funds
You agree to have available and collected funds on deposit in the account you designate in amounts sufficient to pay for all bill payments requested, in addition to any other payment obligations you have to the Credit Union. The Credit Union reserves the right, without liability, to reject or reverse a bill payment if you fail to comply with the above requirements or any other term of this agreement. If you do not have sufficient funds in the account and the Credit Union has not exercised its right to reverse or reject a bill payment, you agree to pay for such payment obligation and any associated fees on demand. You further agree that the Credit Union, at its option, may charge any of your accounts with the Credit Union to cover such payment obligations.
Password and Security
You are solely responsible for controlling the safekeeping of and access to your Password. You agree not to give or make available your Discovery Federal Credit Union Internet Bill Pay account number and Password to any unauthorized individuals. You are responsible for all bill payments you, and any authorized users, authorize using the Service. If you permit other persons to use the Service or you made known your account number and Password (even though you have agreed not to disclose this information); you are responsible for all transactions they authorize. If you believe that your account number and Password have been lost, stolen or compromised, or that someone may attempt to use the Service without your consent or has transferred money from your account by accessing your account without your permission, you must notify Discovery Federal Credit Union at once by calling 610.372.8010.
If you want to terminate an individual’s preauthorized authority to your Bill Pay Service, it is your responsibility to change your Password. You will be responsible for any bill payment request you make that contains an error or is a duplicate of another bill payment.
You also agree that Discovery Federal Credit Union may revoke your Internet Bill Pay Service if unauthorized account access/transactions occur as the apparent result of negligence in the safeguarding of the Account Number and Password(s) belonging to you and/or your authorized user(s).
Disclosure of Account Information
We may disclose information to third parties about your account transfers you make (1) when it is necessary to complete an electronic transaction, (2) in order to verify the existence and conditions for your account for a third party, such as a credit bureau or merchant, (3) in order to comply with a government agency or court order, or any other legal process, or (4) if you give us written permission.
Service Fees
Discovery FCU Online Bill Pay is a convenient service offered to qualifying members enrolled in Discovery FCU Online Banking. Fees will be incurred for inactivity, certain transactions and optional services, such as non-sufficient funds or automatic overdraft fees, and are specified in the Discovery FCU Fee Schedule. You can request a paper copy at any time by contacting the credit union.
Additional miscellaneous product fees include, but are not limited to:
- Non-Sufficient Funds (NSF) – $30.00
- Overdraft Courtesy Pay – $30.00
- Automatic Overdraft Transfer – $5.00
Note: The above-stated fees are subject to change at any time without notice.
You agree to pay such fees and charges, and authorize the Service and/or Credit Union to charge your designated Payment Account for these amounts and any additional charges that may be incurred by you. Any fees associated with your savings or loan accounts will continue to apply.
You are responsible for any and all telephone access fees or Internet Service Fees that may be assessed by your telephone utility and/or Internet Service Provider.
Alterations and Amendments
The terms of this Agreement, applicable fees and service charges may be altered or amended by the Service or the Credit Union from time to time. In such event, the Service or the Credit Union shall send notice to you at your address of record or by electronic message. Any use of the services after the Service or the credit union have sent you notice of change will constitute your agreement to such change(s). Further, the Service or Credit Union, may, from time to time, revise or update the programs, services, and/or related material, which may render all such prior versions obsolete. Consequently, the Service and Credit Union reserve the right to terminate this Agreement as to all such prior versions of the Internet Bill Pay programs, services, and/or related material and limit access to te Service’s more recent revisions and updates.
Address Changes
You agree to promptly notify Discovery Federal Credit Union in writing of any address change. Changing your address on the Service does not automatically update your address of record at Discovery Federal Credit Union. Similarly, updating your address at Discovery Federal Credit Union does not automatically update the address on the Service.
Termination or Discontinuation
You may terminate your use of the Service at any time by contacting Discovery Federal Credit Union. You must notify us at least ten (10) days prior to the date on which you wish to have your Service terminated. If you have scheduled payments with Process Dates within this 10-day period, you must separately cancel those payments pursuant to the terms and conditions listed in this Agreement. If we have not completed processing your termination request and you have not otherwise canceled a payment, you will be responsible for payments with Process Dates during the ten (10) days following our receipt of your written termination.
Subject to applicable law, we may terminate your use of the Service, in whole or in part, at any time if you do not comply with the terms of this Agreement, or the agreements governing your Discovery Federal Credit Union accounts, or if your designated bill payment account is not maintained in good standing. Termination will not affect your liability or obligation under this Agreement for transactions that we have processed on your behalf.
Disputes
In the event of a dispute regarding the Service, you and the Service agree to resolve the dispute by referencing this document. You agree that this Agreement is the complete and exclusive statement of the agreement between you, the Credit Union and the Service which supersedes any proposal or prior agreement, oral or written, and any other communications between you and the Credit Union or Service relating to the subject matter of this Agreement. If there is a conflict between what one of the Service’s or Credit Union’s employees say and the terms of this agreement, the term of the Agreement shall control.
Assignment
You may not assign this Agreement to any other party. This Service and/or Credit Union may assign this Agreement to any future, directly or indirectly, an affiliated company. The Service and/or Credit Union may also delegate certain of its rights and responsibilities under this Agreement to independent contractors or other third-party service providers.
No Waiver
The Service and/or Credit Union shall not be deemed to have waived any of its rights or remedies here-under unless such waiver is in writing and signed by the Service and/or Credit Union. No delay or omission on the part of the Service and/or Credit Union in exercising any rights or remedies shall operate as a waiver of such rights or remedies or any other rights or remedies. A waiver on any one occasion shall not be construed as a bar or waiver of any rights or remedies on future occasions.
Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Pennsylvania, Untied States of America, without regard to its conflicts of law provisions.
EXCLUSIONS OF WARRANTIES
THE SERVICE AND RELATED DOCUMENTATION ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANT ABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
---
### [Adalyn Rose Rewards](https://discoveryfcu.org/adalyn-rose-rewards/)
**Published:** October 2, 2025
**Author:** ironcore
**Content:**
### The credit card with heart
Discovery Federal Credit Union Visa® Classic and Visa Platinum credit cards have everything you need. A great low rate, a host of added benefits, but most importantly the opportunity to turn your rewards into a donation to the Adalyn Rose Foundation.
Every dollar you spend equals one point. Watch the points build up and then choose the Points 2 Cash option. From there you can turn your cash rewards into a donation that goes directly to the Adalyn Rose Foundation.
**You also get one of the best rates around with great features!**
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
## Visa Platinum
##### **non variable 8.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $20,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
## Visa Classic
##### **non variable 12.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $15,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
![Adalyn Rose Walk]()
### **Discovery FCU has more than just credit cards too! Once you get to know us for our great service, convenient digital tools, and great rates, you’ll never want to leave! You’ll love doing all of your everyday banking and lending with Discovery FCU!**
**Not a Member Yet?** You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. [Learn More.](/connect/join/)
---
### [Skip-a-Payment Program](https://discoveryfcu.org/skip-payment/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Skip Your Loan Payment
If you are a member in good standing (your account balance is positive, your loan is current, etc.) with an eligible Discovery FCU loan, you have the option to skip two months of loan payments per year. There is a $35.00 processing fee for each skipped payment. Not all loans qualify for this program.
##### **Eligible Loans:**
- Auto Loan
- Other Vehicle Loan
- Recreational Vehicle Loan (RV, Boat, Travel Trailer, Motorhome, ATV & Other Recreational Vehicles)
- Personal Loan (Lifestyle, Holiday, Vacation & Other Personal loans)
- Share Secured Loan
Types of loans not listed above are not eligible for the skip-a-payment program.
##### **How to Request a Skip-a-Payment**
To request to skip your loan payment, you must submit a Skip-a-Payment request form and the $35.00 processing fee at least five (5) business days before the due date of your loan.
You can submit your Skip-a-Payment request form online now using the applicable links below:
[2026 Online Skip-a-Payment Request Form](https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=1f1df1c4-ea0c-4a83-94b7-80b6ec4e61c4&env=na3&acct=a50055cc-1ff1-47f4-9ff4-8e8ee8a6a1c6&v=2)
*(You will be asked personal identification questions to verify your identity)*
You also have the option to download, print, complete, and return to the credit union a Skip-a-Payment form using the links below:
[2026 Skip-a-Payment Request Form PDF](https://discoveryfcu.org/wp-content/uploads/2025/12/Skip-a-Payment-2026.pdf)
If you are struggling to make your loan payments, our skip-a-payment program might not be a good fit for you. Please contact the credit union to speak to a loan officer about our other options to help you. We’re here for you.
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
##### **Skip-a-Payment Terms and Conditions**
By completing a Skip-a-Payment form you are requesting Discovery Federal Credit Union to advance your loan due date. You understand that the current balance of the loan is extended by the amount of the payment(s) skipped and that interest will continue to accrue on your loan balance throughout the deferred payment period, which may further extend the term of your loan. If there is more than one borrower on a loan, only one borrower is required to authorize a Skip-a-Payment request.
In order to request a Skip-a-Payment, all credit union accounts (deposit and loans) must be in good standing and requests must be submitted at least five business days prior to next loan due date. Most payments and loan terms are advanced automatically, however certain adjustments are made manually and changes may take time to be reflected properly. Skipping your payment(s) on an auto loan with GAP Insurance may affect the coverage calculation in the event of a total loss. Certain additional restrictions may apply and Discovery FCU reserves the right to deny any Skip-a-Payment.
---
### [Forms & Applications](https://discoveryfcu.org/forms-applications/)
**Published:** September 20, 2019
**Author:** ironcore
**Content:**
### Discovery FCU Forms and Applications to Help you Manage your Account
Many of our forms and applications can be e-mailed to you for your electronic signature to save you time. To request a form or application, send us a secure message through online or mobile banking or call us at 610.372.8010.
You can also download, print, and complete the PDF forms linked below. The next time you’re in the neighborhood you can drop off your completed form at the credit union, or you can mail it to us at 2744 Century Blvd., Wyomissing, PA 19610.
[**Account Update Form**](https://discoveryfcu.org/wp-content/uploads/2019/06/2202.pdf)
Update your name, address, telephone number, or e-mail.
[**ACH Origination Form**](https://discoveryfcu.org/wp-content/uploads/2022/01/ACH-Origination-Authorization_09_2020_WEB.pdf)
To establish a new ACH Origination from your Discovery FCU account, complete this form and return it to the credit union.
[**ACH Origination Change Form**](https://discoveryfcu.org/wp-content/uploads/2022/01/ACH-Origination-Change_10_2020_WEB.pdf)
If you need to change your current ACH Origination options with Discovery, please complete this form and return to the credit union. A 10-day time period is required to pre-note your account.
[**Close Checking Account Request Form**](https://discoveryfcu.org/wp-content/uploads/2019/06/DFCU-Close-Checking-Account_web.pdf)
If you need to close your Discovery Checking Account, please print this form, complete your account information and sign the form where indicated. The credit union must receive your request to close your checking account in writing with the primary member or joint owner’s signature.
[**Close Savings Account Request Form**](https://discoveryfcu.org/wp-content/uploads/2025/03/Close-Savings-Account_03_2025.pdf)
If you choose to close your basic savings account at the credit union, you will no longer enjoy all of the benefits of being a member at Discovery. The credit union must receive your request to close your basic savings account in writing with the primary member’s signature. If you also have a checking account with the credit union, you’ll need to submit the Close Checking Account Request Form in addition to the Close Savings Account Request Form.
[**Deposit Slip**](https://discoveryfcu.org/wp-content/uploads/2019/06/1067.pdf)
If you need a deposit slip, you can simply download and print this deposit slip to use.
[**Direct Deposit Request Form**](https://discoveryfcu.org/wp-content/uploads/2019/06/DFCU-Direct-Deposit-Form1.pdf)
Use this reference sheet and request form to establish direct deposit to your Discovery FCU account.
[**Overdraft Protection for your Visa Check Card**](https://discoveryfcu.org/wp-content/uploads/2019/06/Reg-E-Opt-In-Form_06_2019_TM-1.pdf)
Protect yourself from being denied at the register. Sign up for overdraft protection on everyday debit card purchases and ATM transactions.
**[Reconcilement Form](https://discoveryfcu.org/wp-content/uploads/2020/03/Recon-Page-2019.pdf)** Use this form to assist you in balancing your checking account.
**[Remove Joint Owner Request Form](https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=bcaccb48-1f64-41b7-8645-feea3426fc02&env=na3&acct=a50055cc-1ff1-47f4-9ff4-8e8ee8a6a1c6&v=2)** (Use this form to complete & submit online)
If you want to be removed as a joint owner from a Discovery FCU account, the joint owner is required to complete and electronically sign the Remove Joint Owner Request Form.
[**2026 Skip-a-Payment Online Request**](https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=1f1df1c4-ea0c-4a83-94b7-80b6ec4e61c4&env=na3&acct=a50055cc-1ff1-47f4-9ff4-8e8ee8a6a1c6&v=2) (Use this online form to complete & submit your request online)
If you are a member in good standing, you may be able to skip two months of loan payments during the year 2026. ($35.00 processing fee applies per skipped payment)
[**2026 Skip-a-Payment Print & Return Request**](https://discoveryfcu.org/wp-content/uploads/2025/12/Skip-a-Payment-2026.pdf) (Use this form to print, complete & mail back to the credit union)
If you are a member in good standing, you may be able to skip two months of loan payments during the year 2026. ($35.00 processing fee applies per skipped payment)
[**Stop Payment Request**](https://discoveryfcu.org/wp-content/uploads/2021/08/Stop-Payment-Request_08_2019_TM_Web.pdf)
Stop payments on checks, electronic drafts, and pre-authorized electronic fund transfers.
**[Visa Balance Transfer Online Request](https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=f0249081-792b-474e-b39c-808e1db3e2fa&env=na3&acct=a50055cc-1ff1-47f4-9ff4-8e8ee8a6a1c6&v=2)** (Use this form to complete & submit online)
Transfer your balance from a non-Discovery FCU credit card to your Discovery FCU Visa credit card and enjoy a low introductory rate of 2.99% APR for the first 6 months from the transfer date. After that, the APR will be your standard APR listed in your credit card application and agreement. A 3% balance transfer fee applies.
[**Visa Balance Transfer Request**](https://discoveryfcu.org/wp-content/uploads/2025/12/Visa-Balance-Transfer-Form_11_2021_TM_DS.pdf-2.pdf) (Use this form to print, complete & mail back to the credit union)
Transfer your balance from a non-Discovery FCU credit card to your Discovery FCU Visa credit card and enjoy a low introductory rate of 2.99% APR for the first 6 months from the transfer date. After that, the APR will be your standard APR listed in your credit card application and agreement. A 3% balance transfer fee applies.
[**Wire Transfer PIN Request**](https://discoveryfcu.org/wp-content/uploads/2019/06/Wire-Transfer-PIN-Request-042015.pdf)
You are required to have a Personal Identification Number (PIN) to initiate wire transfers from your credit union account.
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
---
### [Overdraft and Overdraft Fees](https://discoveryfcu.org/overdraft-protection/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Protection for When Mistakes Happen
We understand slip-ups can happen when balancing your checking account and that is why we offer overdraft protection options for the following transactions:
- Checks
- ACH Payments
- Online Bill Payments
- Visa Check Card (purchases only, not ATM cash withdrawals)
**What you need to know about overdrafts and overdraft fees**
An overdraft occurs when you do not have enough money in your account to cover a transaction, but the credit union pays it anyway. We cover your overdrafts in two ways:
1. We have standard overdraft practices that come with your account
2. We also offer overdraft protection plans, such as a link to a line of credit or savings account, which may be less expensive than our standard overdraft practices. To learn more about these plans, please call the credit union at 610.372.8010.
**What are the standard overdraft practices that come with my account?**
We do authorize and pay overdrafts for the following types of transactions:
- Checks and other transactions made using your checking account number
- Automatic bill payments
We do not authorize and pay overdrafts for the following type of transactions unless you ask us to:
- ATM transactions
- Everyday debit card transactions
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.
If we do not authorize and pay an overdraft, your transaction will be declined.
**What fees will I be charged if Discovery FCU pays my overdraft?**
Under our standard overdraft practices:
- We will charge you a fee of $30.00 each time we pay an overdraft.
- There is no limit on the total fees we can charge you for overdrawing your account.
**What if I want Discovery FCU to pay overdrafts on my ATM and everyday debit card transactions?**
If you want the credit union to authorize and pay overdrafts on ATM and everyday debit card transactions, you must complete an ATM Everyday Debit Card Transaction Opt-In Form.
**How long do I have to repay any overdrafts?**
You have 30 calendar days from first negative to clear your negative balance in full.
**What happens if a merchant represents a transaction that was returned unpaid?**
If we return a transaction due to insufficient funds, the merchant or payee may re-present the same item one or more times to try to collect payment. We may charge you a Non-Sufficient Funds (NSF) fee each time we return the same item unpaid.
If you have any questions regarding our credit union overdraft protection options, please contact us.
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Discovery protects your money.**
Keep track of your spending, get transaction and low balance alerts, and manage your money with the Discovery FCU Cards app. Search “Discovery FCU Cards” in your app store.
---
### [Privacy Policy](https://discoveryfcu.org/privacy-policy/)
**Published:** January 14, 2019
**Author:** ironcore
**Content:**
**Web Accessibility Notice**
Discovery FCU is committed to making our website accessible for all users and is currently taking steps and devoting resources to promote compliance with applicable laws and guidelines. We have staff whose duties include promotion of accessibility and we have engaged outside consultants to improve accessibility. Specifically, we are reviewing our website against the Web Content Accessibility Guidelines 2.0 and will continue to review our website as industry standards evolve.
If you have difficulty accessing any feature or functionality on [www.discoveryfcu.org](http://www.discoveryfcu.org/), please e-mail the credit union at so we can provide you with access through an alternative method.
**DISCOVERY FEDERAL CREDIT UNION ONLINE PRIVACY PRACTICE**
This statement highlights our online privacy practices.
**Protecting your accounts**
Discovery Federal Credit Union never initiates requests for sensitive information by e-mail (such as social security numbers, personal identification numbers (PIN), passwords, or account numbers). If you receive an e-mail requesting this type of information, please contact Discovery immediately and report the e-mail fraud.
**What information we may collect on this Web site – not including Discovery Online**
We collect information from you when you subscribe to our newsletter, respond to a survey or fill out a form. When completing forms, signing up for our newsletter or responding to surveys we may ask you to enter your name, e-mail address, mailing address or phone number.
**What do we use your information for?**
Any of the information we collect from you may be used in the following ways:
- To personalize your experience with us – your information helps us to better respond to your individual needs.
- To improve our Web site – we continually strive to improve our Web site offering based on the information and feedback we receive from you.
- To improve member service – your information helps us to more effectively respond to your member service request and support needs.
- To administer a contest, promotion, survey or other site feature.
- To send periodic e-mails – if at any time you would like to unsubscribe from receiving future e-mails, we include detailed unsubscribe instructions at the bottom of each e-mail.
**How do we protect your information?**
We implement a variety of security measures to maintain the safety of your personal information. We offer the use of a secure server. All supplied sensitive personal information is transmitted via a Secure Socket Layer (SSL) technology.
**Do we utilize cookies?**
Yes – cookies are small files that a site or its service provider transfers to your computer’s hard drive through your Web browser (if you allow) that enable the sites or service providers’ systems to recognize your browser and capture and remember certain information.
We use cookies to keep track of advertisements and compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future. We may contract with third-party service providers to assist us in better understanding our site visitors. These service providers are not permitted to use the information collected on our behalf except to help us conduct and improve our business.
If you prefer, you can choose to have your computer warn you each time a cookie is being sent, or you can choose to turn off all cookies via your browser settings. Like most Web sites, if you turn your cookies off, some of our services may not function properly.
**Do we disclose any information to outside parties?**
We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our Web site, conducting our business or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our site policies, or protect ours or others’ rights, property or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising or other uses.
**Third Party Links**
Occasionally, at our discretion, we may include or offer third party products or services on our Web site. These third party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.
**Google Analytics**
Many websites and apps use Google services to improve their content. When they integrate Google services, these sites and apps share information with Google. We use Google Analytics to better understand how users are visiting and using our sites. Google Analytics collects information such as how often users visit this site, what pages they visit when they do so, and what other sites they used prior to coming to this site. Google Analytics collects the IP address assigned to you on the date you visit this site, rather than your name or other identifying information. We do not combine the information collected through the use of Google Analytics with personally identifiable information. Although Google Analytics plants a cookie on your web browser to identify you as a unique user the next time you visit this site, the cookie cannot be used by anyone but Google. You may review further information about how Google Analytics collects and processes data and how to control the information sent to Google at “How Google uses information from sites or apps that use our services” at google.com/policies/privacy/partners/.
**Discovery FCU Online Banking/App**
Discovery FCU Mobile Apps periodically collect, transmit, and use geolocation information for enabling features such as, but not limited to, card use and alerts to prevent fraudulent activates, but only if the end user expressly authorizes collection of such information. Geolocation information can be monitored on a continuous basis in the background, only while the feature(s) are being used, or not at all, depending on the end user’s selection. The end user can change his/her/their location permissions at any time in their device settings.
**Image Collection and Usage:**
Discovery FCU Mobile Apps may collect and utilize user images for various purposes aimed at enhancing user experience and providing specific functionalities. Users maintain control over the camera access and usage within the apps. Camera access is explicitly requested when the apps requires image capture for any functionality. Users can enable or disable camera access at any time through the apps’ settings. Disabling camera access will prevent the apps from utilizing the camera for any functionality requiring image capture. We are committed to protecting the privacy and security of our users’ information. Any images collected are used solely for the intended purposes outlined above and are not shared with any unauthorized parties. By using our apps, you consent to the collection and usage of images as described in this privacy policy.
**Email Security**
Regular Internet email is not secure. You should never provide information that is sensitive or confidential such as your social security number, account number or PIN numbers. We also ask that you do not send personal or account Information through regular email.
**Children’s Online Privacy Protection Act Compliance**
From our Web site, we do not knowingly collect or use personal information from children under age 13.
**Terms and Conditions**
Please also visit our additional disclosures establishing the use, disclaimers and limitations of liability governing the use of our Web site in our [Discovery Federal Credit Union Terms of Use – Website Disclaimer](https://discoveryfcu.org/wp-content/uploads/2019/06/WebsiteTermsofUse.pdf), which is listed below.
**Your Consent**
By using our site, you consent to our privacy policy.
**Changes to our Privacy Policy**
If we decide to change our privacy policy, we will post those changes on this page.
**Contacting Us**
If there are any questions regarding this privacy policy you may contact us using the information below:
Discovery Federal Credit Union
2744 Century Blvd.
Wyomissing, PA 19610
[memberservices@discoveryfcu.org](mailto:memberservice@discoveryfcu.org)
610.372.8010
**Discovery Federal Credit Union Terms of Use – Website Disclaimer**
Discovery Federal Credit Union (“Discovery”) maintains this world wide website (the “Discovery Site”) as a service to our members. Please carefully read these terms of use (“Terms”) before using the Discovery site. By using the Discovery Site, you are agreeing to comply with and be bound by these Terms. If you do not agree to these Terms, you should not use the Discovery site. The term “us,” “we,” or “our” refers to Discovery Federal Credit Union. The term “you” refers to the user or viewer of the Discovery Site.
**COPYRIGHT AND PROPRIETARY RIGHTS**
All of the pages and screens on the Discovery Site are owned and controlled by Discovery, except as otherwise expressly stated, and are protected by U.S. copyright laws and international copyright laws. The copyrighted materials on the Discovery site include, but are not limited to, the text, design, software, images, graphics, source code, and the content on the Discovery Site (“Discovery Information”). You are authorized to view the information available on the Discovery site for your informational purposes only. You acknowledge that you do not acquire any ownership rights by downloading copyrighted material. You may not copy, display, republish all or any portion of the Discovery Site for any commercial or public purpose without Discovery’s prior written consent. Featured words used on the Discovery Site to identify the source of goods and services are trademarks and service marks owned by Discovery or third parties. You may not use, copy, display, distribute, modify, or reproduce any of the trademarks found on the Discovery Site except as authorized in this paragraph. You may not use any of the Discovery trademarks as a link to the Discovery Site except pursuant to a written trademark license agreement.
**USE OF DISCOVERY INFORMATION**
Discovery authorizes you to download or copy Discovery Information, provided that you retain all copyright and other proprietary notices contained in the original materials on any copies of the materials and that you comply strictly with these Terms. You may not modify, edit or take out of context Discovery Information such that its use creates a false or misleading statement or impression as to the positions, statements, or actions of Discovery. Except as specifically permitted pursuant to our Linking statement listed below. The Discovery Site is for your personal and non-commercial use. If you breach any of these Terms, your authorization to use the Discovery Site automatically terminates and you must immediately destroy any downloaded or printed materials. Unauthorized use of the Discovery site may give rise to a claim for damages and/or be a criminal offense.
**LINKING TO THE DISCOVERY SITE**
You may not create a link to the Discovery site from another website without our prior written consent, which may be withheld in our sole and absolute discretion.
**LINKS FROM THE DISCOVERY SITE TO OTHER WEBSITES**
The Discovery site may contain links to third party websites. Although these links were established to provide you with access to useful information, Discovery does not control and is not responsible for any of these sites or their contents. Discovery is providing these links to you only as a convenience, and Discovery does not endorse or make any representations about using such third party sites or any information, software or other products or materials found there, or any results that may be obtained from using them. Discovery is not liable for any failure of products or services advertised on linked sites. If you decide to access any of the third party sites linked to the Discovery Site, you do this entirely at your own risk. Discovery is not responsible for the security or privacy practices of the linked sites. You agree to read and adhere to the policies and terms of use applicable to third party websites. Links to these sites from the Discovery site may be discontinued by Discovery in its sole discretion at any time for any reason.
**POTENTIAL DISRUPTION OF SERVICE**
Access to the Discovery Site may from time to time be unavailable, delayed, limited, or slowed due to, among other things:
- Hardware failure, including among other things failures of computers (including your own computer), servers, networks, telecommunication lines and connections, and other electronic and mechanical equipment;
- Software failure, including among other things, bugs, errors, viruses, configuration problems, incompatibility of systems, utilities or applications, the operation of firewalls or screening programs, unreadable codes, or irregularities within a particular documents or other content;
- Overload of system capacities;
- Damage caused by severe weather, earthquakes, wars, insurrection, riots, civil commotion, act of God, accident, fire, water damage, explosion, mechanical breakdown, or natural disasters;
- Interruption (whether partial or total) of power supplies or other utility of service;
- Strike or other stoppage (whether partial or total) of labor;
- Governmental or regulatory restrictions, exchange rulings, court or tribunal orders, or other human intervention of Discovery.
**LIMITATION OF LIABILITY**
The Discovery Site is offered on an “as is,” where is,” and “where available” basis, with no warranty of any kind – whether express, implied, or statutory – including, but not limited to, warranties of title or the implied warranties of merchant-ability or fitness for a particular purpose. This does not affect those warranties which are incapable of exclusion, restriction, or modification under the laws applicable to this agreement.
You acknowledge that Discovery and its respective employees, agents, third party content providers, or licencors do not warrant that the Discovery Site will be uninterrupted or error free; nor does Discovery make any warranty as to the results that may be obtained from the use of the Discovery Site, or as to the timeliness, sequence, accuracy, reliability, completeness, or content of any information, service, or merchandise provided through the Discovery Site. Discovery does not endorse products or services appearing on linked sites or purchased via linked sites. (This does not affect any manufacturer’s warranties that the providers of the linked site otherwise offer.)
Except as specifically provided in this agreement or where the law requires a different standard, you agree that Discovery is not responsible for any loss, property damage, or bodily injury, whether caused by access to or use of the Discovery Site. To the maximum extent permissible under applicable law, Discovery will not be responsible to you or any third party claiming through you for any direct, indirect, special or consequential, economic, or other damages arising in any way out of or relating to the Discovery Site, any online services or internet browser software, including liability associated with any computer viruses which may infect your computer system, regardless of whether Discovery has been apprised of the likelihood of such damages occurring and regardless of the form of action, whether in contract, warranty, tort, (including negligence), strict liability, or otherwise.
**CHOICE OF LAW, JURISDICTION, AND ENFORCEMENT**
These terms shall be governed by and construed in accordance with the laws of the State of Pennsylvania, without reference to any conflict of law principles. You hereby consent in jurisdiction of the state and federal courts sitting in the State of Pennsylvania. Notwithstanding anything to the contrary, Discovery shall have the right to elect in its sole discretion the forum for any lawsuit arising hereunder brought by Discovery. Because you shall have access to Discovery Information and other valuable proprietary materials of Discovery, you agree that Discovery shall have the right to enforce those Terms and any of its provisions by injunction (without being required to show any actual damage or to post an injunction bond), specific performance, or any other equitable relief without prejudice to any other rights and remedies that Discovery may have for the breach of these Terms. If any provision of these Terms is for any reason found by a court of competent jurisdiction to be unenforceable, the remainder of these Terms shall continue in full force and effect.
**INDEMNITY**
You agree to indemnify, defend, and hold harmless Discovery and its officers, directors, employees, successors, and assigns from and against any and all claims, demands, losses, liabilities, penalties, expenses, and any or other damages (including, without limitation, reasonable attorneys’ fees) directly or indirectly resulting from, relating to, or arising in connection with: (1) your breach or violation of these Terms; (2) your use of the Discovery Site; (3) any transactions or other activities you engage in with any third party service providers, third party merchant sites, or other third parties affiliates or who you access by or through the Discovery Site; (4) your infringement or violation of the intellectual property or other rights of third parties; and (5) your negligence or willful misconduct.
**CHANGE IN TERMS**
The information and materials contained in the Discovery Site – and the terms and conditions of the access to and use of such information and materials – are subject to change without notice. The most current version of the Terms will always be available to you by clicking on the “Terms of Use” link located on the Disclosures page of the Discovery Site. If you find the Terms unacceptable at any time, you may discontinue the use of the Discovery Site.
By continuing to use the Discovery Site after the date of any change of Terms, including accessing the Discovery Site, you agree to be bound by the rules contained in the most recent version of these Terms.
You agree that (1) you will not engage in any activities related to the Discovery Site that are contrary to applicable law, regulation, or the terms of any agreements you may have with Discovery, and (2) in circumstances where locations of the Discovery Site require identification for process, you will establish commercially reasonable security procedures and controls to limit access to your password or other identifying information to authorized individuals.
Discovery may discontinue or make changes in the information, products, or services described herein at any time without prior notice to you and without any liability to you. Any dated information is published as of its date only, and Discovery does not undertake any obligation or responsibility to update or amend any such information. Discovery reserves the right to terminate any or all Discovery Site offerings or transmissions without prior notice to the user. Furthermore, by offering the Discovery Site and Discovery information, products or services via this website, no distribution or solicitation is made by Discovery to any person to use the Discovery Site or such Discovery information, products or services in jurisdictions where the provision of the Discovery Site and such information, products or services is prohibited by law.
**ENTIRE AGREEMENT**
These Terms constitute the entire and only agreement between us and you, and supersede all prior or contemporaneous agreements and understandings, express or implied, oral or written, except as herein contained, with respect to the Discovery Site, the content, products, or services provided by or through the Discovery Site, and the subject matter of these Terms.
**NO WAIVER**
No waiver of any of the foregoing terms and conditions shall be effective unless it is in writing and signed by an authorized officer of Discovery, and no waiver shall be deemed to imply or constitute a continuing waiver of any other term or condition.
**ATTORNEYS’ FEES**
The prevailing party in any dispute between the parties arising out of the interpretation, application, or enforcement of any provision of this Agreement shall be entitled to recover all of its reasonable attorneys’ fees and costs whether suit be filed or not, including, without limitation, costs and attorneys’ fees related to or arising out of any arbitration proceeding, trial or appellate proceedings.
# Privacy Policy
##### FACTS
##### WHAT DOES DISCOVERY FEDERAL CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?
##### Why?
Financial companies choose how they share Your personal information. federal law gives consumers the right to limit some but not all sharing. Federal law also requires Us to tell You how We collect, share, and protect Your personal information. please read this notice carefully to understand what We do.
##### What?
The types of personal information We collect and share depend on the product or service You have with Us.
This information can include:
- Social Security number and overdraft history
- credit history and credit scores
- employment information and credit card information
When You are *no longer* Our member, We continue to share Your information as described in this notice.
##### How?
All financial companies need to share customers’ personal information to run their everyday business. In the section below, We list the reasons financial companies can share their customers’ personal information, the reasons Discovery Federal Credit Union chooses to share, and whether You can limit this sharing.
##### Reasons We can share Your personal information
##### Does the Credit Union share?
##### Can You limit this sharing?
**For Our everyday business purposes** – such as to process Your transactions, maintain Your account(s), respond to court orders and legal investigations, or report to credit bureaus
**YES**
**YES**
**For Our marketing purposes** – to offer Our products and services to You
**YES**
**YES**
**For joint marketing with other financial companies**
**YES**
**YES**
**For Our affiliates’ everyday business purposes** – information about Your transactions and experiences
**YES**
**NO**
**For Our affiliates’ everyday business purposes** – information about your creditworthiness
**YES**
**YES**
**For Our affiliates’ to market to You**
**NO**
**WE DON’T SHARE**
**For Our non-affiliates to market to You**
**NO**
**WE DON’T SHARE**
##### To limit Our sharing
- Call 610.372.8010 or call toll-free 800.563.9383 during normal business hours to speak to a representative
- E-mail us at
**Please note:**
If You are a *new* member, We can begin sharing Your information 30 days from the date We sent this notice. When you are *no longer* Our member, We continue to share Your information as described in this notice.
However, You can contact Us at any time to limit Our sharing.
##### Questions?
Contact Us by telephone at 610.372.8010 or 800.563.9383 or by e-mail at
---
### [Discovery Online Privacy Policy](https://discoveryfcu.org/discovery-online-privacy-policy/)
**Published:** November 2, 2022
**Author:** WP Support
**Content:**
**DISCOVERY FEDERAL CREDIT UNION ONLINE PRIVACY PRACTICE**
This statement highlights our online privacy practices.
**Protecting your accounts**
Discovery Federal Credit Union never initiates requests for sensitive information by e-mail (such as social security numbers, personal identification numbers (PIN), passwords, or account numbers). If you receive an e-mail requesting this type of information, please contact Discovery immediately and report the e-mail fraud.
**What information we may collect on this Web site – not including Discovery Online**
We collect information from you when you subscribe to our newsletter, respond to a survey or fill out a form. When completing forms, signing up for our newsletter or responding to surveys we may ask you to enter your name, e-mail address, mailing address or phone number.
**What do we use your information for?**
Any of the information we collect from you may be used in the following ways:
\- To personalize your experience with us – your information helps us to better respond to your individual needs.
\- To improve our Web site – we continually strive to improve our Web site offering based on the information and feedback we receive from you.
\- To improve member service – your information helps us to more effectively respond to your member service request and support needs.
\- To administer a contest, promotion, survey or other site feature.
\- To send periodic e-mails – if at any time you would like to unsubscribe from receiving future e-mails, we include detailed unsubscribe instructions at the bottom of each e-mail.
**How do we protect your information?**
We implement a variety of security measures to maintain the safety of your personal information. We offer the use of a secure server. All supplied sensitive personal information is transmitted via a Secure Socket Layer (SSL) technology.
**Do we utilize cookies?**
Yes – cookies are small files that a site or its service provider transfers to your computer’s hard drive through your Web browser (if you allow) that enable the sites or service providers’ systems to recognize your browser and capture and remember certain information.
We use cookies to keep track of advertisements and compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future. We may contract with third-party service providers to assist us in better understanding our site visitors. These service providers are not permitted to use the information collected on our behalf except to help us conduct and improve our business.
If you prefer, you can choose to have your computer warn you each time a cookie is being sent, or you can choose to turn off all cookies via your browser settings. Like most Web sites, if you turn your cookies off, some of our services may not function properly.
**Do we disclose any information to outside parties?**
We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our Web site, conducting our business or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our site policies, or protect ours or others’ rights, property or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising or other uses.
**Third Party Links**
Occasionally, at our discretion, we may include or offer third party products or services on our Web site. These third party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.
**Google Analytics**
Many websites and apps use Google services to improve their content. When they integrate Google services, these sites and apps share information with Google. We use Google Analytics to better understand how users are visiting and using our sites. Google Analytics collects information such as how often users visit this site, what pages they visit when they do so, and what other sites they used prior to coming to this site. Google Analytics collects the IP address assigned to you on the date you visit this site, rather than your name or other identifying information. We do not combine the information collected through the use of Google Analytics with personally identifiable information. Although Google Analytics plants a cookie on your web browser to identify you as a unique user the next time you visit this site, the cookie cannot be used by anyone but Google. You may review further information about how Google Analytics collects and processes data and how to control the information sent to Google at “How Google uses information from sites or apps that use our services” at google.com/policies/privacy/partners/.
**Discovery FCU Online Banking/App**
Discovery FCU Mobile Apps periodically collect, transmit, and use geolocation information for enabling features such as, but not limited to, card use and alerts to prevent fraudulent activates, but only if the end user expressly authorizes collection of such information. Geolocation information can be monitored on a continuous basis in the background, only while the feature(s) are being used, or not at all, depending on the end user’s selection. The end user can change his/her/their location permissions at any time in their device settings.
**Image Collection and Usage:**
Discovery FCU Mobile Apps may collect and utilize user images for various purposes aimed at enhancing user experience and providing specific functionalities. Users maintain control over the camera access and usage within the apps. Camera access is explicitly requested when the apps requires image capture for any functionality. Users can enable or disable camera access at any time through the apps’ settings. Disabling camera access will prevent the apps from utilizing the camera for any functionality requiring image capture. We are committed to protecting the privacy and security of our users’ information. Any images collected are used solely for the intended purposes outlined above and are not shared with any unauthorized parties. By using our apps, you consent to the collection and usage of images as described in this privacy policy.
**Email Security**
Regular Internet email is not secure. You should never provide information that is sensitive or confidential such as your social security number, account number or PIN numbers. We also ask that you do not send personal or account Information through regular email.
**Children’s Online Privacy Protection Act Compliance**
From our Web site, we do not knowingly collect or use personal information from children under age 13.
**Terms and Conditions**
Please also visit our additional disclosures establishing the use, disclaimers and limitations of liability governing the use of our Web site at [www.discoveryfcu.org](http://www.discoveryfcu.org).
**Your Consent**
By using our site, you consent to our privacy policy.
**Changes to our Privacy Policy**
If we decide to change our privacy policy, we will post those changes on this page.
**Contacting Us**
If there are any questions regarding this privacy policy you may contact us using the information below:
Discovery Federal Credit Union
2744 Century Blvd.
Wyomissing, PA 19610
610.372.8010
---
### [News](https://discoveryfcu.org/news-2/)
**Published:** September 18, 2023
**Author:** ironcore
**Content:**
Filter:
[All](https://discoveryfcu.org/news-2/)2. [Active in our Community](https://discoveryfcu.org/news-2//?category=active-in-our-community)
3. [Financial Education](https://discoveryfcu.org/news-2//?category=financial-education)
4. [News](https://discoveryfcu.org/news-2//?category=news)
5. [Products & Services](https://discoveryfcu.org/news-2//?category=products-services)
[ ![Michael Byrne]() News
Welcome Michael Byrne
June 25, 2026
](https://discoveryfcu.org/news/welcome-michael-byrne/)
[ ![Man seated at a kitchen table reads a document with a worried expression while a woman leans over from his side, holding a mug and offering support.]() Products & Services
The Dangers of a “Quick Fix” Financial Solution
](https://discoveryfcu.org/news/the-dangers-of-a-quick-fix/)
[ ![American flag with stars and fireworks]() News
Celebrating America’s 250th Birthday
](https://discoveryfcu.org/news/celebrating-americas-250th-birthday/)
[ ![Beagle on a leash looking up at the camera in a meadow with daisies and small yellow flowers.]() Active in our Community
Meet Your New Best Friend at Discovery FCU
](https://discoveryfcu.org/news/mostlymuttzadoption/)
[ ![Adult with disability baking with family]() Active in our Community
Purchase Sun Tributes To Benefit ProBerco
](https://discoveryfcu.org/news/sun-tributes-to-support-proberco/)
[ ![hacker]() Financial Education
Task Job Scams and What To Know
](https://discoveryfcu.org/news/task-job-scams-and-what-to-know/)
[ ![Family on staircase]() Products & Services
Best Place for a Home Equity Loan in Berks County
](https://discoveryfcu.org/news/home-equity-berks-county/)
[ ![]() Financial Education
Making Food More Affordable: Smart Strategies to Stretch Your Grocery Budget
](https://discoveryfcu.org/news/making-food-more-affordable/)
[Load More](#)
---
### [Telephone Banking](https://discoveryfcu.org/connect/telephone-banking/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### **Manage your finances with your phone!**
As a Discovery member you have free, PIN-protected access to your accounts from any touch-tone phone any time, day or night!
- Check balances
- Make transfers
- Make a loan payment
**How to Use Discovery by Phone**
- Call [**(610) 372-8010**](tel:6103728010) or [**(800) 563-9383**](tel:8005639383) from any touch-tone telephone
- Once the greeting starts, press “2” to access Discovery by Phone
- The first time you use Discovery by Phone, use the last six digits of the primary member’s social security number as your PIN. You will be required to change your password once you successfully login
- Once you are registered with Discovery by Phone use it any time, 24/7, to manage your money
**Discovery by Phone Access Codes**
- “Press 1” -Deposit account balances
- “Press 2” -Loan account balances
- “Press 3” -Transfer funds
- “Press 4” -Make a loan payment
- “Press 5” -Check withdrawal
- “Press 7” -Change your PIN
Questions? Call Discovery Member Services: [**(610) 372-8010**](tel:6103728010) or [**(800) 563-9383**](tel:8005639383)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Use your phone to check your Discovery account balance, transfer funds, or make a loan payment.**
---
### [Loan Payment Options](https://discoveryfcu.org/payment/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
[ Pay Consumer Loan](https://discoveryfcu.lenderpayments.com/)
[ Pay Mortgage](https://www.webpmt.com/cgi-bin/customers/clogin.pl)
[ Pay Student Loan](https://www.studentchoiceconnect.com/)
[ Access Business Loan Info](http://portal.mycubusinessloan.org/)
[ Skip Loan Payment](https://discoveryfcu.org/borrow/skip-payment/)
### Making Your Loan Payment is Simple and Easy
You have several options to make your Discovery FCU loan payment whenever and wherever it is convenient for you.
**Online and Mobile Banking Account Transfer**
Transfer funds from your Discovery checking or savings account to your Discovery FCU loan through online or mobile banking. You can also make your loan payment from an account that you own at another credit union or bank by setting up an ***external account*** in online or banking*.* You can schedule one-time or recurring transfers.
**Mobile Check Deposit**
Quickly and easily make your payment with a mobile check deposit. When you make your mobile check deposit to your primary checking or savings account, you can then transfer the funds to your loan through online or mobile banking.
**Electronic Check**
Make your loan payment using a checking account from another financial institution online through ProPay Online Payments.
[Access ProPay Payments](https://discoveryfcu.lenderpayments.com/)
**Pay by Card**
You can make your loan payment with a debit card using online payments through ProPay. (The transaction will be processed as a purchase and not as a cash advance.)
[Access ProPay Card Payments](https://discoveryfcu.lenderpayments.com/)
**ACH Origination**
Establish automatic payments to your Discovery loan from your checking or savings account at another financial institution through ACH origination. Call the credit union at 610.372.8010 for more details and to learn how to establish this type of payment.
**In-Person**
If you’re in the neighborhood, you can stop by the credit union and make your loan payment in person. We’d love to see you!
**Telephone Banking**
Easily transfer funds from your Discovery checking or savings account to your loan through telephone banking. Call 610.372.8010 and press option 2.
**Mail**
Mail your loan payment to:
Discovery FCU
2744 Century Blvd.
Wyomissing, PA 19610
[ Pay Consumer Loan](https://discoveryfcu.lenderpayments.com/)
[ Pay Mortgage](https://www.webpmt.com/cgi-bin/customers/clogin.pl)
[ Pay Student Loan](https://www.studentchoiceconnect.com/)
[ Access Business Loan Info](http://portal.mycubusinessloan.org/)
[ Skip Loan Payment](https://discoveryfcu.org/borrow/skip-payment/)
![difference between debit and credit]()
### **Pay your loan your way: by check, transfer of funds or debit card, in person, online, or by phone.**
---
### [Business Savings](https://discoveryfcu.org/business-savings/)
**Published:** September 20, 2019
**Author:** ironcore
**Content:**
### Flexible Banking with Fewer Fees and Great Rates
Discovery FCU’s business savings options deliver ease and convenience to business owners that need to focus on other things – like overseeing employees and tackling daily operations.
##### **Basic Business Savings Account**
This is where your dreams can become a reality. Open a Basic Business Savings Account to become a member of Discovery FCU.
- With only $5 you establish your membership and become eligible for all of the benefits of Discovery FCU
- Minimum balance of $5
- At least one transaction needs to be made to the account at least once every twelve months to avoid a monthly inactivity fee
##### **Business Money Market Account**
The perfect fit for businesses that have more capital and want more return on their investments.
- Start with a $2,500 minimum deposit
- Keep earning and avoid the monthly service fee as long as you maintain a $2,500 balance
- The more you save the more you earn with tiered rates that grow with your balance
To learn more about what is needed to open a business account, please view this **[list of required documents](https://discoveryfcu.org/business-membership-required-documents/)**.
To open a member business account online, complete a **[Member Business Enrollment Form](https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=9fe7668b-3420-4b93-a9b1-ae47283b8204&env=na3-eu1&acct=a50055cc-1ff1-47f4-9ff4-8e8ee8a6a1c6)**. *This is a DocuSign Power Form.*
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![discovery fcu business savings]()
### **Helping you turn your small business dreams into reality.**
---
### [Free Coin Counting](https://discoveryfcu.org/resources/coin-counting/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### **Members count for free!**
Convert your coin jar into dollar bills at our coin machine, located in the lobby of the Discovery office at 2774 Century Blvd. in Wyomissing. Simply drop in your coins, take the receipt to the teller to deposit it into your checking or savings account or to get cash back. It’s that simple!
Unlike coin-counting machines at the grocery store that charge 7 cents on the dollar, your coin-counting at Discovery is free for members. Non-members can use the coin-counting machine for a fee of 5 cents per dollar.
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Discovery remembers the little things, like free coin-counting.**
---
### [Rates](https://discoveryfcu.org/rates/)
**Published:** February 5, 2019
**Author:** ironcore
**Content:**
## New & Used Vehicle Loans and Motorcycle Loans
Termas low as APR\*0 to 36 months4.84%37 to 48 months4.84%49 to 60 months4.84%61 to 72 months5.39%73 to 84 months5.64%***Rates listed for vehicle loans are for model year 2017 and newer.** Other rates apply for older model vehicles.*
## Home Equity Line of Credit
Termas low as APR\*Regular, Variable6.75%
## Home Equity Loans
Termas low as APR\*0 to 60 months5.39%61 to 84 months5.39%85 to 120 months5.64%121 to 180 months5.89%181 to 240 months6.69%
## LIFESTYLE Loans
**(for cosmetic, dental, vision, orthodontics, audiology, fertility, adoptions, and other health-related products and procedures)**
Termas low as APR\*0 to 12 months6.25%13 to 24 months7.25%25 to 36 months11.00%37 to 60 months12.00%
## RV, Boat, Travel Trailer, Motorhome, ATV & Other Recreational Vehicle Loans
Termas low as APR\*0 to 60 months7.00%61 to 84 months7.50%85 to 120 months7.75%121 to 180 months8.25%*The minimum amount financed for 85 to 120 months is $15,000.*
*The minimum amount financed for 121 to 180 months is $25,000.*
## Share Secured Loans
Termsas low as APR*
0 to 60 months4.70%
## Personal Loans
Termsas low as APR*
0 to 60 months9.74%
## Upgrade Your Everyday Personal Loan Special
**This limited time unsecured loan special has an amazing rate available for a maximum amount of $5,000 and a maximum term of up to 18 months.**
Termsas low as APR*
0 to 18 months8.49%
*Limited time Upgrade Your Everyday Personal Loan Special. The rate displayed is the lowest available rate and your rate may be higher. APRs are based on your creditworthiness, term of the loan, direct deposit to a Discovery FCU account, and automatic electronic payments from your Discovery FCU account. A sample $5,000.00 loan payment at 8.49% APR at a 18-month term is $296.82. Loan terms up to 18 months.*
## VISA Classic Credit Card
TermAPR\*non-variable12.99%
## VISA Platinum Credit Card
TermAPR\*non-variable8.99%
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
*\*APR = Annual Percentage Rate. Your rate may be higher than the lowest advertised APR. APRs are based on your loan-to-value, creditworthiness, term of loan, amount of loan, direct deposit to a Discovery FCU account, and electronic payments from your Discovery FCU account. APRs are subject to change anytime without notice. Other terms and conditions apply based on the type of loan you establish. Rates listed above are as of 10/1/2025 and subject to change at any time without notice.*
*\*\*Home Equity Line of Credit (HELOC) – Applies to minimum line of $10,000, is subject to change without notice, and applies to a loan-to-value ratio of 80% for a primary residence located in Pennsylvania. Rates vary depending upon the amount financed, credit score, lien position, and collateral. The line is subject to a Variable Rate which is based on the highest Prime Rate as published in the Money Rates Section of the Wall Street Journal on the last day of each month (“Index”) plus 0% (“Margin”) The index plus the Margin equals the Interest Rate. As of 1/1/2026 the Prime Rate was 6.75% APR. Property insurance is required. PA residences only. Your rate will never be lower than 3.50% APR. All lines of credit are subject to approval and collateral evaluation. Fees and charges may apply. Additional restrictions, limitations and exclusions may apply. Please call Discovery FCU at 610-372-8010 for further details.*
*New/Used Auto Loans: Refinancing of existing Discovery FCU debt is not eligible for the advertised APRs. A sample auto loan payment based on $10,000 at 4.89% APR and 36-month term is $298.99.*
*Home Equity Loan: A sample Fixed Home Equity Loan payment based on $10,000 at 5.39%, 85% LTV and 5 year term is $190.50.*
## Personal Checking
Checking Account ProductAverage Daily BalanceDividend Rate\*APY\*\*Basic Checking$.01 and above0.00%0.00%Dividend Checking$1,000.00 and above0.10%0.10%
## Business Checking
Checking Account ProductAverage Daily BalanceDividend Rate\*APY\*\*Basic Business Checking$0.01 and above0.00%0.00%Premier Business Checking$1,000.00 and above0.10%0.10%
## Money Market
Average Daily BalanceAPY\*APR\*$2,500.01 – $25,000.001.00%1.00%$25,000.01 – $50,000.001.10%1.09%$50,000.01 – $100,000.001.15%1.14%$100,000.01 – $250,000.001.20%1.19%$250,000.01 & above1.25%1.24%
## Certificates
TermAPY\*APR\*\*6 month\*\*\*3.40%3.35%9 month \*\*\*3.50%3.45%12 month\*\*\*3.60%3.54%18 month\*\*\*3.70%3.64%24 month\*\*\*3.75%3.69%36 month\*\*\*3.80%3.74%48 month\*\*\*3.85%3.78%60 month\*\*\*3.90%3.83%
## Traditional IRA
Average Daily BalanceAPY\*\*APR\*$0.01 and above1.00%1.00%
## Roth IRA
Average Daily BalanceAPY\*\*APR\*$0.01 and above1.00%1.00%
## Savings
Average Daily BalanceAPY\*\*APR\*Basic Savings$.01 and above0.05%0.05%
*\* Dividend Rate is as of 7/1/2025 and subject to change.*
*\*\* Annual Percentage Yield – assumes dividends remain on deposit and subject to change.*
*\*\*\* Fixed rate for the term of Certificate. Minimum balance requirement of $100.*
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
---
### [Share & IRA Certificates](https://discoveryfcu.org/save/share-ira-certificates/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Secure Savings with Competitive Yields
Lock in higher interest rates than a savings account and avoid the risk of market-based investments with a certificate from Discovery FCU.
**Share Certificates**
- Minimum deposit of $100
- Terms include 6, 9, 12, 18, 24, 36, 48, and 60-months
- Earn higher interest than a savings account
- Early withdrawal penalties may apply
**IRA Share Certificates**
- Minimum deposit of $100
- Terms include 6, 9, 12, 18, 24, 36, 48, and 60-months
- Secure fixed rate
- May have tax advantages
- Early withdrawal penalties may apply
[**VIEW ALL SAVINGS RATES**](https://discoveryfcu.org/rates/)
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![share and ira certificates]()
### Put your money to work for you to help you reach your savings goals.
---
### [Terms and Conditions](https://discoveryfcu.org/terms-and-conditions/)
**Published:** June 26, 2026
**Author:** Abby Showalter
**Content:**
#### [Open a Share Terms and Conditions](#1782505030823-388331d8-3646)
A Share Account is an additional savings established under a member’s existing account relationship. The share is subject to the same terms and conditions set forth in the [Discovery FCU’s Membership Disclosures and Agreement](https://discoveryfcu.org/wp-content/uploads/2025/06/Discovery-FCU-Membership-Disclosures-and-Agreement-07_2025.pdf). Please refer to the applicable Truth in Savings Disclosure for dividend rates, fees, and account requirements. All terms, conditions, dividend provisions, fees, ownership rights, and account requirements applicable to savings accounts shall apply.
#### [Goal Setting Savings Terms and Conditions](#1782505030829-383d54a5-2df1)
Goal Setting Savings is a Custom Savings account that enables members to create and track savings goals. The account is subject to the same terms and conditions as all Custom Savings accounts under the [Discovery FCU’s Membership Disclosures and Agreement](https://discoveryfcu.org/wp-content/uploads/2025/06/Discovery-FCU-Membership-Disclosures-and-Agreement-07_2025.pdf). Please refer to the applicable Truth in Savings Disclosure for dividend rates, fees, and account requirements. Savings goals are for tracking purposes only and do not guarantee achievement of any savings target.
#### [Certificate Terms and Conditions](#1782505145232-fca349ce-4bba)
It is agreed that:
1. The person(s) named on the Investment Application is/are the owner(s) of the certificate number indicated on the application. A certificate issued in the name of two or more owners indicates joint ownership with full rights of survivorship.
2. The certificate amount, maturity date, dividend rate and payment method are set forth on and governed by the face of the certificate. If returning via US Mail, the form must be completed, signed, and returned within 30 days from the date of issuance. Please note that the certificate start date will be effective on the date the signed form is received by our office. Failure to return the form within the 30-day period may result in changes to the rate or terms offered.
3. A certificate may only be used as collateral for a loan with a maturity date earlier than or the same as the maturity date of the certificate. A certificate may not be pledged, transferred or assigned to any party other than Discovery Federal Credit Union. IRA certificates may not be pledged for loans.
4. A certificate may be redeemed before its maturity date only upon presentation of the original certificate. If certificate funds other than dividends are withdrawn before the maturity date, a substantial penalty will be imposed. The penalty will be calculated as follows. For certificates purchased with a maturity term of 1 year or less, the penalty will be equal to 90 days dividends on your deposit. For certificates with a maturity term of over 1 year, the penalty will be equal to 180 days dividends on your deposit. In some instances, penalties may reduce the original amount of your deposit. The penalty does not apply to any of the following early withdrawals: withdrawals subsequent to the death of any owner; withdrawal after the close of a dividend period in which the owner’s credit union membership was terminated under Article XVI, Section 1 of the Bylaws.
5. The credit union will give the owner(s) at least twenty (20) calendar days notice prior to the maturity of a certificate. You will have a grace period of five (5) business days after the maturity date to purchase a certificate with different terms, change the amount of your investment or withdraw the funds. Dividends will not be paid during the grace period if any funds are withdrawn from the credit union. Unless the credit union is notified to terminate a certificate prior to the expiration of the grace period, the certificate will automatically renew at the same term as the original certificate, beginning on the maturity date. The dividend rate will be the same as we offer on new certificates on the maturity date that have the same term, minimum balance and other features as this original certificate.
6. Advertised yields on certificates assume interest is added to the principal until maturity.
---
### [ironcore](https://discoveryfcu.org/credit-cards-montgomery-county-pa/)
**Published:** May 14, 2026
**Author:** ironcore
**Content:**
### Local Lending for Everyday Spending
Discovery FCU keeps things simple for Montgomery County residents. Our Visa® credit cards offer lower rates, flexible terms, and worldwide acceptance. And when you need help, you’ll speak with someone who lives in your community — not a call center.
- Quick and easy application process
- Easy payment options
- Earn 1 reward point for every $1 spent on qualifying purchases
- Visa® Zero Liability Purchase Policy\*\*
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
### Two Visa® Credit Card Options. One Clear Choice.
Pick the card that fits your spending and your goals.
#### Both come with no annual fee, no cash advance fee, and support from a local team.
### Visa Platinum
##### Non-variable 8.99% APR\*
##### [Earn CURewards® points](https://discoveryfcu.org/curewards/)
##### Credit limits up to $20,000
### Visa Classic
##### Non-variable 12.99% APR\*
##### [Earn CURewards® points](https://discoveryfcu.org/curewards/)
##### Credit limits up to $15,000
#### You can easily apply online or book an appointment if you’d like to speak with a Discovery FCU representative.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[Book an Appointment ](https://discoveryfcu.org/appointment/)
## Move Your Balance. Pay Less Interest.
### Transfer high-interest balances and take advantage of our low introductory rate.
- 2.99% APR on balance transfers for the first 6 months\*\*\*
- Standard rates of 8.99% for platinum, and 12.99% for classic apply after the intro period.
- 3% balance transfer fee
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
### Big Benefits for Montgomery County Residents
- Low, non-variable interest rates\*\*
- No annual fee
- No cash advance fee
- [Earn CURewards® points](https://discoveryfcu.org/curewards/) (earn 1 point for every $1 spent)
- Visa® Zero Liability protection\*\*
- Easy account access
- Flexible payment options
- Worldwide acceptance
- Travel insurance
>>> Redeem rewards points your way: merchandise, bill payments, money in your accounts, or local charitable giving.
### Why Montgomery County Loves Discovery FCU
##### We’re all about “People Helping People.”
Discovery FCU members enjoy:
**Access to thousands of shared branching locations nationwide & 55K+ surcharge-free ATMs**
**Online and mobile banking options**
**An average savings of $530/year**
**$280 in estimated credit card savings**
### Frequently Asked Questions
### What credit cards does Discovery FCU offer in Montgomery County?
Discovery FCU offers two Visa® credit cards: Visa Platinum and Visa Classic. Both include no annual fee, rewards, and competitive fixed rates.
### Why choose a local credit union credit card instead of a larger bank?
Local credit unions often offer lower rates and fewer fees. You also get more direct support from a local team invested in its members and community.
### Is there an annual fee?
No. Both Visa Platinum and Visa Classic credit cards have no annual fee.
### How do rewards work?
You earn 1 CURewards® point for every $1 spent. These points can be redeemed for cash deposited into your accounts, merchandise, bill payments, or local, non-profit donations.
### Can I transfer a balance?
Yes. Balance transfers are available, including a 2.99% introductory APR for the first six months. A 3% transfer fee applies.
### How fast is approval?
You can easily apply online, and most applications are reviewed quickly. Many applicants receive a decision within a very short timeframe from our local lending team. \*You must become a member once being approved for a credit card or loan with DFCU.
### Convenient Shopping with Your Digital Wallet
You can upload your Discovery FCU Visa® credit card with Apple Pay® or Samsung Pay® for quick, secure purchases in-store, online, or on the go.
Add your card in seconds and start using it right away.
[Apply for your Visa Credit Card ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
###### I have a been a Discovery FCU customer for several years and I must say that they will continue to have my business for life. You will also see what amazing and refreshing it is to have a bank that has your back!! Thanks again for this amazing experience.
**– Jerry L.**
\*APR = Annual Percentage Rate. [View Account Details Here.](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*\* Visa’s Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholders must notify card issuer promptly of any unauthorized use.
\*\*\*3% balance transfer fee applies.
---
### [Locations](https://discoveryfcu.org/resources/location-hours/)
**Published:** February 5, 2019
**Author:** ironcore
**Content:**
### Visit Our Branch
Whether you are near or far from our main location, you always have access to your money 24/7 through a variety of our free convenience services.
2744 Century Blvd.
Wyomissing, PA 19610-3345
**Local:** [610.372.8010](tel:6103728010)
**Toll-Free:** [1.800.563.9383](tel:8005639383)
**Fax:** 610.372.8105
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
Lobby HoursMonday9:00 a.m. – 5:00 p.m.Tuesday9:00 a.m. – 4:00 p.m.Wednesday9:00 a.m. – 4:00 p.m.Thursday9:00 a.m. – 5:00 p.m.Friday9:00 a.m. – 6:00 p.m.Saturday9:00 a.m. – 12:00 p.m.
Drive-Up & Call Center HoursMonday9:00 a.m. – 5:00 p.m.Tuesday9:00 a.m. – 5:00 p.m.Wednesday9:00 a.m. – 5:00 p.m.Thursday9:00 a.m. – 5:00 p.m.Friday9:00 a.m. – 6:00 p.m.Saturday9:00 a.m. – 12:00 p.m.
Holiday Closings2026New Year’s DayJanuary 1Martin Luther King, Jr. DayJanuary 19President’s DayFebruary 16Memorial DayMay 25JuneteenthJune 19Independence DayJuly 4Labor DaySeptember 7Columbus DayOctober 12Veteran’s DayNovember 11Thanksgiving DayNovember 26Day After Thanksgiving DayNovember 27Christmas DayDecember 25Day After Christmas DayDecember 26
### Access More Than 55,000 Surcharge-Free ATMs
Discovery is part of the Allpoint Network and CU$ Alliance, bringing you more than 55,000 surcharge-free ATMs worldwide. Just look for the Allpoint or CU$ logos on any ATM and access your money surcharge-free!
###### [Locate AllPoint ATM Locations Near You Online Now](https://www.allpointnetwork.com/locator.aspx)
###### [Locate CU$ ATM Locations Near You Online Now](http://www.cudollar.org/)
If for any reason the ATM asks you to ‘accept’ a fee, press ‘yes,’ but you will not be charged. If you are charged by any of these ATMs, simply bring in your receipt and we will refund your surcharge. (The ATM **MUST DISPLAY** one of the Allpoint or CU$ logos)
You can also find thousands of free ATMs by downloading the Allpoint mobile app.
###### [Allpoint Mobile App in the Apple Store](https://apps.apple.com/us/app/allpoint-global-surcharge/id307308511)
###### [Allpoint Mobile App in the Google Play Store](https://play.google.com/store/apps/details?id=com.allpoint)
### Access to 33,000 Additional Surcharge-Free ATMs
Discovery FCU is now part of the Co-op ATM network. The CO-OP ATM network is the largest credit union-owned ATM network in the United States. It provides credit union members with surcharge-free access to over 33,000 ATMs across all 50 states. This includes ATMs at 7-Eleven, Walgreens, Costco, Sheetz, Wawa, Dunkin Donuts, and over 2,000 participating credit unions. Over 8,000 of these ATMs are deposit-taking.
**Locate Co-op ATMs:**
- [Locator website](http://www.co-opatm.org)
- Discovery FCU mobile app, under more, locations, shared ATMs
- Co-op [iPhone](https://itunes.apple.com/us/app/co-op-atm-shared-branch-locator/id1239957376?mt=8) and [Android](https://play.google.com/store/search?q=co+op+locator&c=apps&hl=en_US&gl=US) apps
- Text a Zip Code to 91989
- Call 888-837-6500 for live person assistance
### Shared Branching Network
Access your Discovery account at 5,000 Shared Branches nationwide.
As a Discovery Federal Credit Union member, you can make free, basic transactions to your Discovery account at thousands of credit union locations nationwide through Shared Branching. Shared branching is a network of credit unions from around the country that share their branches. Members of those credit unions have access to personal teller service at 5,000 locations nationwide. [**Click here to learn more**](http://www.co-opsharedbranching.org).
#### How can you find a Shared Branching location?
Visit [**www.co-opsharedbranching.org**](http://www.co-opsharedbranching.org).
Call 888-837-6500
Download the Co-Op Shared Branch app.
Search “Find Branch” in your app store.
[](https://play.google.com/store/apps/details?id=com.coopnetwork.locator&hl=en_US) [](https://apps.apple.com/us/app/coop-atm-shared-branch-locator/id1239957376)
### Important Discovery Information:
#### 24-Hour Secure After-Hours Deposit Convenience
For your convenience, Discovery has a 24-hour night depository on location at our main branch. Our night deposit is adjacent to our ATM, located near our drive-up service area.
#### Main Telephone
**Local:** [610.372.8010](tel:6103728010)
**Toll-Free:** [1.800.563.9383](tel:8005639383)
Option Menu:
- 2 – Telephone Banking
- 3 – Member Service
- 4 – Lending Department
- 5 – Hours and Location
- 6 – Report a Lost or Stolen Visa Credit Card
- 7 – Report a Lost or Stolen Visa Check Card
- 8 – Certificate and Loan Rates
#### Discovery’s ABA Routing Number
231385646
#### Discovery Visa Credit Card Payment Mailing Address
Discovery FCU
PO Box 37603
Philadelphia, PA 19101-0603
#### Discovery Visa Credit Card Customer Service – 24/7
866-609-0666
### **Coming for a visit? Look for the butterfly.**
### ****
---
### [Business Loans](https://discoveryfcu.org/business-loans/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### **We Support our Local Businesses**
Discovery supports our community by helping our businesses grow and thrive: financing an office expansion or new building, working capital to boost inventory or add new personnel, seed money for entrepreneurs starting up a new enterprise. Whatever type of commercial loan you need, Discovery backs you with competitive rates, personalized service and quick, locally-based loan reviews and approvals.
##### **Commercial Mortgage and Construction Loans**
Discovery provides financing to purchase, build or refinance commercial real estate. Contact us for competitive rates, fewer fees, and fast approvals.
##### **Equipment Financing**
Discovery supports our community by helping our businesses to grow a competitive edge with state-of-the-art computers, trucks and delivery vehicles, warehouse racks. Customize your loan term up to seven years to maintain your operating cash flow.
##### **Lines of Credit**
With a Discovery commercial line of credit, you have pre-approved access to flexible financing for cash flow, inventory purchases, temp hires or keeping current with your accounts payable.
##### **Working Capital Term Loan**
Take control of fluctuations in your working capital with a term loan. You can better manage inventory, hiring levels and slow receivables while meeting ongoing expenses.
##### **Visa Credit Card**
A Discovery Visa Credit Card provides instant credit for online and business-to-business transactions and monthly records of all your purchases. Accepted at millions of vendors worldwide. Earn CU*Rewards* Points on qualifying purchases.
##### **Additional Discovery Merchant Services**
In addition to loans, Discovery provides credit card processing and mobile merchant services, as well as other services to meet your business needs:
- [Business Checking Account](/business-checking/)
- [Business Savings Account](/business-savings/)
- [Money Market Account](/save/money-market/)
- Remote Deposit Capture
*Discovery FCU works with and is an owner credit union of a business lending CUSO (Credit Union Service Organization) named [MBFS](https://mbfs.org/) (Member Business Financial Services). Lending decisions are made locally by Discovery FCU, with the added benefit of additional business lending expertise through MBFS. Please feel free to reach out to one of our Credit Union Relationship Managers about a business loan.*
##### **Contact one of Discovery FCU’s Business Lending Partners:**
**John J. Camero, III**, *Credit Union Relationship Manager*
EMAIL:
**Steve Young**, *Credit Union Relationship Manager*
EMAIL:
**Todd W. Curry**, *Credit Union Relationship Manager*
EMAIL:
[ Access Your Business Loan Information](https://portal.mycubusinessloan.org/)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Let Discovery be a partner in growing your business.**
---
### [New and Pre-Owned Auto Loans](https://discoveryfcu.org/auto/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
***It’s America’s Birthday but…You Get the Gifts***
### **$250 Gift Card⁴ with your new Discovery FCU Auto Loan**
Let’s party all June and July long with [this limited time offer](https://discoveryfcu.org/news/celebrating-americas-250th-birthday/).⁴
### Get a New Car or Refinance for a Low Monthly Payment
Plus enjoy the first 90 days with no payments²
##### **Rates as low as 4.84% APR¹**
Discovery FCU offers competitive rates, affordable options and added conveniences few financial institutions can match. The entire auto loan process from beginning to end can be accomplished digitally. You never need to leave the safety and comfort of your home to apply for and receive a Discovery FCU auto loan. But, we’re always happy to see you if you prefer to visit us in person.
**Term****Rates As Low As¹****Monthly Payment****Year of vehicle**36 mos.4.84% APR$29.90/ Per $1,0002017+48 mos.4.84% APR$22.96/ Per $1,0002017+60 mos.4.84% APR$18.80/ Per $1,0002017+72 mos.5.39% APR$16.29/ Per $1,0002017+84 mos.5.64% APR$14.44/ Per $1,0002017+Additional rates are available for cars older than 2017.
Other benefits include:
- Same-day financing available
- Terms up to 84 months
- Same rates & terms for new and used auto loans model year 2017 and newer *(other rates apply for older models)*
- Make no payments for 90 days²
- Electronic signatures accepted for loan closing
[**View Loan Rates**](/rates/)
**[Calculate Your Monthly Loan Payments](https://discoveryfcu.org/auto-loan-calculator/)**
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### Guaranteed Lowest Auto Loan Rates!³
Ask us about our rate match program!
![]()
Calculate Your Monthly Payments
[Learn More](/auto-loan-calculator/)
### Love Your Car, But Not the Payment?
Refinance an auto loan you have with another financial institution with Discovery FCU
- Lower your monthly payments
- Reduce your interest rate
- Save thousands over the life of the loan
- Make No Payments for 90 Days
### Get Started Now.
### Call us at 610.372.8010
##### **What do I need to apply?**
- Two recent pay stubs
- Your current insurance card (you will need to add Discovery FCU as ‘loss payee’).
- Sales agreement or 10-day payoff. If you are buying a vehicle privately, from another individual, we can help assist you with a private sales agreement, if needed. We can also assist you with obtaining your 10-day payoff if needed.
##### **What is the turnaround time?**
If all required documents are submitted quickly, our typical turnaround time is one to two business days. We can also accommodate same-day financing needs.
##### **Do I have to visit the credit union to apply and/or get the loan?**
No. You can apply online, e-mail the necessary information and documents to your loan officer, and you can sign your loan documents electronically.
##### **Member Perks for Your New Ride**
We’ve got you covered. We’re here for you before, during and after your purchase.
#### [Discovery FCU Guaranteed Asset Protection](#1579124446726-83cc84bb-8899)
Make sure you’re 100% covered with GAP insurance. Protect yourself if your car is stolen or damaged beyond repair. With GAP (Guaranteed Asset Protection) you’re covered for the “gap” between your vehicle’s value and the amount you owe on your loan if your vehicle is totaled or stolen and never recovered. Discovery FCU offers GAP Insurance for only $325. *(GAP does not cover any ancillary products.)*
#### [A DiscoveryFCU extra: Extended Vehicle Warranty](#1579124446699-cf608dfa-d3b3)
Most major car repairs occur after the factory warranty period ends, which puts you on the hook for expensive repairs. Discovery teams up with Intercontinental Warranty Services (IWS) to provide you with affordable protection for your new or eligible pre-owned vehicle. You may save up to 50 percent off dealer pricing!
A Discovery-IWS Extended Vehicle Warranty includes:
- Low or No deductible
- Nationwide protection for new and eligible pre-owned cars 12 years old and newer and up to 125,000 miles on the odometer
- Towing up to $100 (max per claim)
- Roadside assistance up to $80 per incident – flat tire, fluid delivery, jump start, lock-out
- Money when your vehicle is in the shop
- Car rental up to $500 ($50/day up to 10 days)
- Trip interruption expenses up to $300 ($100 a day up to 3 days)
- Travel expenses up to $225
- Warranty is transferable
- Extended warranty increases vehicle resale value
- Option for KeyGuard key/transponder replacement
- Option for Accidental Loss Refund to protect against total loss due to collision or act of nature
- Option for a Powersports warranty for motorcycles, All-Terrain Vehicles, personal watercraft and snowmobiles
- Option to cancel within 60 days with 100 percent refund.
You may be eligible for Extended Vehicle Warranty coverage even if you don’t currently have a Discovery auto loan.
Contact a Discovery loan rep for more info: [(610) 372-8010](tel:6103728010) or [(800) 563-9383](tel:8005639383)
#### [Auto Insurance](#1579124837644-39d78cc3-8b73)
Your security is very important to us. We’re pleased to offer you exclusive coverage for your new ride through TruStage Auto & Home Insurance at a discounted rate. [Get More Information ](http://lnkmgr.trustage.com/2b5072bf-aa4a-2d16-2ffe-0ceb06180f4b)
##### **Calculate how much you could save if you refinance your current auto loan.**
*1) APR = Annual Percentage Rate. Your rate may be higher than the lowest advertised APR. APRs are based on your credit worthiness, term of loan, amount of loan, direct deposit to a Discovery FCU account and electronic payments from your Discovery FCU account. A sample auto loan payment based on $10,000 at 4.84% APR and 36-month term is $298.99. Title secured loan processing fee of $25.00 can be paid up front or added to the loan balance. Monthly payment examples are representative of the maximum term for the corresponding rate per $1,000 borrowed.* *Rates, terms, and information are subject to change at any time.*
2\) Interest will continue to accrue during the 90-day payment deferral.
*3) **Rate Match Program**: Certain restrictions apply. 0% financing is not eligible for this offer.*
4\) $250 gift card promotion for auto loans is limited to Discovery FCU auto loans of $10,000 or more from June 1, 2026 – July 31, 2026. This offer is only good for new loans to Discovery FCU. This includes new car loans, used car loans, and refinances from another institution. Refinances of existing Discovery FCU auto loans are not eligible. Indirect auto loans made directly at the dealership are not eligible. The borrower must keep the loan open for six (6) months from the date of loan opening. If the borrower should pay off the loan before the six (6) month period, $250 will be added to the payoff amount. Not all who apply will be approved for a loan.
---
### [Vacation Loans](https://discoveryfcu.org/vacation-loans/)
**Published:** March 27, 2026
**Author:** Alexi Meggison
**Content:**
### **Vacation Loans Made Simple**
##### **Rates as low as 9.74% APR\***
Planning a vacation should be exciting—not stressful because of upfront costs. Using a personal loan for a vacation can help by allowing you to spread travel expenses over manageable monthly payments instead of paying everything at once.
- The maximum loan amount is $40,000
- Flexible repayment terms up to 60 months
- Simple application online or in person
*When you apply online, choose the personal loan option.*
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
[**View Current Rates**](/rates/)
**[Calculate Your Monthly Loan Payments](https://discoveryfcu.org/auto-loan-calculator/)**
##### **Benefits of Choosing Discovery Federal Credit Union:**
- Access to “skip-a-pay” plan when needed
- Loan approval by local decision makers
- Community impact by choosing a Credit Union
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
# Travel now, pay later with easy monthly payments.
*¹APR= Annual Percentage Yield. The rate displayed is the lowest available rate and your rate may be higher. APRs are based on your creditworthiness, term of the loan, direct deposit to a Discovery FCU account, and automatic electronic payments from your Discovery FCU account. A sample $5,000.00 loan payment at 8.49% APR at a 18-month term is $296.82. Loan terms up to 18 months. Rates subject to change at any time.*
*²Interest will accrue over the 60 day payment deferral. Other conditions may apply.*
*\*APR = Annual Percentage Rate. The rate displayed is the lowest available rate and your rate may be higher. APRs are based on your creditworthiness, term of the loan, direct deposit to a Discovery FCU account, and automatic electronic payments from your Discovery FCU account. A sample $5,000.00 loan payment at 9.74% APR at a 60-month term is $105.60. Loan terms up to 60 months.*
---
### [It's Time To Switch To E-Statements](https://discoveryfcu.org/save/e-statements-how-to/)
**Published:** February 9, 2026
**Author:** Alexi Meggison
**Content:**
### It’s Time To Switch to E-Statements
Here’s why switching to e-statements can make your experience with Discovery Federal Credit Union even better:
**Faster & Easier Access:** Keeping your statements organized is simple when all of them are stored right in your account. You’ll never have to worry about lost or delayed mail. With everything in one place, you’ll always have easy access and never miss a statement.
**Safer & More Secure Documents:** Keeping your financial information secure is easy with online banking or the DFCU mobile app, as all data is encrypted and protected with strong passwords. Additional safeguards, like biometric login and two-factor authentication, ensure your accounts stay private and secure anytime, anywhere.
**Eco-Friendly:** Going paperless helps reduce waste and protect the environment. You’ll no longer have to worry about storing or shredding sensitive documents. With all your statements securely online, managing your finances is safer, simpler, and greener than ever.
****Let’s Walk You Through How To Switch:****
1. Log in to your Discovery Federal Credit Union account either through online banking or our mobile app.
2. Select “More”
3. Select “Statements”
4. Select the account you would like to convert to e-statements
5. From there, follow simple instructions
[Watch Step by Step Tutorial Here](https://youtu.be/YluW6Vc8gGo)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![share and ira certificates]()
### It’s Time To Make The Switch!
---
### [The Rudden Family Foundation Rewards](https://discoveryfcu.org/rudden-family-reward/)
**Published:** January 5, 2026
**Author:** Alexi Meggison
**Content:**
### Payments With Purpose
Discovery Federal Credit Union Visa® Classic and Visa Platinum credit cards have everything you need. A great low rate, a host of added benefits, but most importantly the opportunity to turn your rewards into a donation to the [Rudden Family Foundation](https://www.theruddenfamilyfoundation.org/).
The Rudden Family Foundation supports individuals and families facing homelessness or financial hardship by providing essential household items, transportation, and direct assistance. Their work focuses on meeting immediate needs with dignity while helping people move toward long-term stability.
Every dollar you spend equals one point. Watch the points build up and then choose the Points 2 Cash option. From there you can turn your cash rewards into a donation that goes directly to the Rudden Family Foundation.
**You also get one of the best rates around with great features!**
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
## Visa Platinum
##### **non variable 8.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $20,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
## Visa Classic
##### **non variable 12.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $15,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
![Woman handing out food at event]()
### **Discovery FCU has more than just credit cards too! Once you get to know us for our great service, convenient digital tools, and great rates, you’ll never want to leave! You’ll love doing all of your everyday banking and lending with Discovery FCU!**
**Not a Member Yet?** You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. [Learn More.](/connect/join/)
---
### [ProBerco Rewards](https://discoveryfcu.org/proberco-rewards/)
**Published:** December 18, 2025
**Author:** Alexi Meggison
**Content:**
### Small Purchases. Big Impact for ProBerco.
Discovery Federal Credit Union [Visa® Classic and Visa Platinum credit](https://discoveryfcu.org/credit-cards/) cards have everything you need. A great low rate, a host of added benefits, but most importantly the opportunity to turn your rewards into a donation to [ProBerco](https://www.proberco.org/).
ProBerco is a nonprofit organization providing quality support services for adults with intellectual and developmental disabilities and autism. Founded in 1977, ProBerco has been a pillar in the Berks County Community for years.
Every dollar you spend equals one point. Watch the points build up and then choose the Points 2 Cash option. From there you can turn your cash rewards into a donation that goes directly to ProBerco.
**You also get one of the best rates around with great features!**
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
## Visa Platinum
##### **non variable 8.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $20,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
## Visa Classic
##### **non variable 12.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $15,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
![Adult with disability]()
### **Discovery FCU has more than just credit cards too! Once you get to know us for our great service, convenient digital tools, and great rates, you’ll never want to leave! You’ll love doing all of your everyday banking and lending with Discovery FCU!**
**Not a Member Yet?** You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. [Learn More.](/connect/join/)
---
### [Children's Alopecia Project Rewards](https://discoveryfcu.org/cap-rewards/)
**Published:** December 18, 2025
**Author:** Alexi Meggison
**Content:**
### It’s never been easier to give back!
Discovery Federal Credit Union [Visa® Classic and Visa Platinum credit cards](https://discoveryfcu.org/credit-cards/) give you everything you need: a great low rate, a host of added benefits, and—most importantly—the chance to make a real difference in the lives of children with alopecia through the [Children’s Alopecia Project. ](https://childrensalopeciaproject.org/)
The mission of Children’s Alopecia Project is to help any child in need who is living with hair loss due to all forms of Alopecia. We change the emphasis from growing hair to growing confidence. building self-esteem, providing support, and raising awareness.
Every dollar you spend earns one point. Watch your points add up, then choose the **Points 2 Cash** option. From there, you can turn your cash rewards into a donation that goes directly to CAP \*, helping children with alopecia gain confidence and support.
Plus, you’ll enjoy one of the best rates around with all the features you want—now with the power to give back every time you use your card!
\*CAP Rewards are effective 1/5/2026.
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
## Visa Platinum
##### **non variable 8.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $20,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
## Visa Classic
##### **non variable 12.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $15,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
![Paying at cafe]()
### **Discovery FCU has more than just credit cards too! Once you get to know us for our great service, convenient digital tools, and great rates, you’ll never want to leave! You’ll love doing all of your everyday banking and lending with Discovery FCU!**
**Not a Member Yet?** You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. [Learn More.](/connect/join/)
---
### [BCSS Rewards](https://discoveryfcu.org/bcss-rewards/)
**Published:** October 14, 2025
**Author:** Abby Showalter
**Content:**
### The credit card that thinks pink!
Discovery Federal Credit Union Visa® Classic and Visa Platinum credit cards have everything you need. A great low rate, a host of added benefits, but most importantly the opportunity to turn your rewards into a donation to Breast Cancer Support Services of Berks (BCSS).
Every dollar you spend equals one point. Watch the points build up and then choose the Points 2 Cash option. From there you can turn your cash rewards into a donation that goes directly to BCSS.
**You also get one of the best rates around with great features!**
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
## Visa Platinum
##### **non variable 8.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $20,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
## Visa Classic
##### **non variable 12.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://www.curewards.com/Login)
- The maximum credit limit is $15,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*APR = Annual Percentage Rate
![Discovery FCU team in pink shirts]()
### **Discovery FCU has more than just credit cards too! Once you get to know us for our great service, convenient digital tools, and great rates, you’ll never want to leave! You’ll love doing all of your everyday banking and lending with Discovery FCU!**
**Not a Member Yet?** You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. [Learn More.](/connect/join/)
---
### [Visa Credit Card Account Terms](https://discoveryfcu.org/visa-credit-card-schumer-box/)
**Published:** October 29, 2021
**Author:** Marketing
**Content:**
## Visa Classic Credit Card
Interest Rates and Interest ChargesAnnual Percentage Rate (APR) for Purchases12.99%APR for Balance Transfers2.99% APR for 6 months from the date of the transfer. After that, the APR will be 12.99% APR.APR for Cash Advances12.99%Penalty APR and When it AppliesN/AHow to Avoid Paying Interest on PurchasesYour due date is at least **25** days for Purchases after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.Minimum Interest ChargeIf you are charged interest, the charge will be no less than $0.00.For Credit Card Tips from the Consumer Financial Protection BureauTo learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at [www.consumerfinance.gov/learnmore](http://www.consumerfinance.gov/learnmore)FeesAnnual FeeN/AMembership FeeNoneTransaction Fee: Balance Transfer**3.0%** of each balance transfer.Transaction Fee: Cash AdvanceNoneTransaction Fee: Foreign Transaction**1.0%** for multi-currency transactions and **1.0%** for single currency transactionsPenalty Fee: Late Payment**Up to $35.00**Penalty Fee: Over the Credit LimitNonePenalty Fee: Returned Payment**Up to $25.00**Other FeesNone
## Visa Platinum Credit Card
Interest Rates and Interest ChargesAnnual Percentage Rate (APR) for Purchases8.99%APR for Balance Transfers2.99% APR for 6 months from the date of the transfer. After that, the APR will be 8.99% APR.APR for Cash Advances8.99%Penalty APR and When it AppliesN/AHow to Avoid Paying Interest on PurchasesYour due date is at least **25** days for Purchases after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.Minimum Interest ChargeIf you are charged interest, the charge will be no less than $0.00.For Credit Card Tips from the Consumer Financial Protection BureauTo learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at [www.consumerfinance.gov/learnmore](http://www.consumerfinance.gov/learnmore)FeesAnnual FeeN/AMembership FeeNoneTransaction Fee: Balance Transfer**3.0%** of each balance transfer.Transaction Fee: Cash AdvanceNoneTransaction Fee: Foreign Transaction**1.0%** for multi-currency transactions and **1.0%** for single currency transactionsPenalty Fee: Late Payment**Up to $35.00**Penalty Fee: Over the Credit LimitNonePenalty Fee: Returned Payment**Up to $25.00**Other FeesNone
---
### [Our History](https://discoveryfcu.org/connect/history/)
**Published:** September 14, 2020
**Author:** Marketing
**Content:**
### Proudly Serving Berks County and Beyond Since 1959
Discovery FCU has been serving the southeastern Pennsylvania region for more than half a century. Founded in 1959, the credit union has continuously grown in size, membership, and capability, yet we maintain a value-driven, member-focused philosophy that sets us apart.
The credit union was formed sixty years ago when a devoted group of employees of the Western Electric facility in Laureldale, PA joined together to open WELaurel FCU to help its hard-working employees achieve their financial goals. At the time, only employees of Western Electric and their family members could belong to the credit union. As Western Electric flourished and employed hundreds of Berks County residents, the credit union grew in size. The Muhlenberg Township facility eventually became known as the Reading Works of AT&T Technologies and in 1981 the credit union changed its name to Reading Works FCU.
As the facility started to experience reduced employment, the credit union needed to pursue additional growth opportunities to better serve its members. Shortly before Reading Works became part of Lucent Technologies in 1996, the credit union moved to Spring Township and converted to a multiple-sponsor credit union, which diversified its membership to allow employees at other select businesses to join the credit union. Once Lucent Technologies became Agere and the decision was made to decommission the Reading plant, the credit union converted to a community charter allowing everyone who lives, works, worships or attends school in Berks County to be eligible for membership. This new charter provided the credit union better opportunities to increase its membership and invest in new technology to keep up with the changing needs of its members.
In 2004 the credit union changed its name to Discovery FCU and shortly thereafter constructed and moved to a new state-of-the-art facility in Wyomissing. In 2010 the credit union added Business Services to its product offerings and added First Mortgages in 2011. Throughout those years the credit union also welcomed the members of New Visions FCU, Reading Tube Employees FCU and Barta Berks Community FCU through mutually acceptable mergers. The credit union upgraded its core operating system in 2015 to provide new operating efficiencies and evolve with current technologies. The upgrade allowed the credit union to offer its members a robust online banking product, mobile banking, shared branching and more. Since then, Discovery FCU has implemented several new innovative and dynamic growth strategies using digital technology and process improvement techniques to offer its members the ultimate banking experience and provide new opportunities for growth and success.
Responding to the need for trusted financial services beyond the borders of Berks County, the credit union embarked on a journey to expand their membership eligibility. In August 2025, Discovery FCU changed it’s charter to Multiple Common Bond. Under this new charter, they can continue to support the Berks County community with the same dedication they always have, while also helping undeserved individuals in the surrounding areas, welcoming members from Select Employer Groups, and offering services to people across the U.S. through a complimentary membership to our association partner, Community Impact Fund (CIF). As always, those with an immediate family or household member who is already a member, are eligible to join as well.
[JOIN ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### Discovery FCU At-a-Glance
- Serving Berks County and beyond since 1959
- A non-profit financial cooperative owned by its membership
- Convenient personal and business checking
- Loans and credit cards to finance member aspirations
- Savings products that earn more than commercial banks
- Safe and secure investment options
- Wide range of business banking services
- Office, phone and online access
- Online and in-branch financial counseling and assistance
- NCUA-insured accounts, up to $250,000
![Group of happy people]()
### **Discovery is here to serve our members every way we can.**
---
### [Open an Account in 5 Minutes](https://discoveryfcu.org/connect/5minutes/)
**Published:** July 20, 2021
**Author:** Marketing
**Content:**
### Open an Account in Less than 5 minutes – Online
You can join Discovery FCU in less than five minutes using our simple and easy-to-use online account opening process. Here’s what you will need:
1. Driver’s license or state-issued ID
2. Social Security number
3. A method to fund your account – $5.00 minimum deposit for a new membership
- - Credit card
- Debit card
- Transfer from another credit union/bank account *(you’ll need the account number and routing number handy)*
If you’re using a mobile device to open your account, you’ll be able to take a photo of your ID to prefill your personal information. If you’re using a PC, you can scan your ID or take a picture of it and save it to your PC to upload to the application. Either way – it’s super easy and convenient!
[GET STARTED NOW! ](https://o3-discoveryfcu.ecutechnology.com/Membership)**Questions, Need Help? Call us at 610.372.8010**
![]()
### **Membership Eligibility**
**Banking that meets you where you are.**
At Discovery FCU, we’re here to make your financial journey easier, with a friendly team, personalized service, and flexible ways to join. We believe everyone deserves access to better banking, no matter where they’re starting from.
**How can you qualify?**
• Live in parts of Berks, Chester, or Montgomery counties
• Have an immediate family member or household member who already belongs to the credit union
• Work for a participating employer
• Receive a complimentary membership to our partner organization, the Community Impact Fund (CIF)
**We’re excited to welcome you. Apply today! Let’s build your future together.**
[OPEN AN ACCOUNT ](https://o3-discoveryfcu.ecutechnology.com/Membership)
### Save for the Future
##### **Basic Savings**
A $5.00 deposit opens the door to membership benefits – and is your first step to fulfilling your dreams.
- Save for any need.
- Leverage direct deposit to meet unique goals.
- Earn competitive dividends and feel secure with NCUA insurance.
- Custom savings options are also available.
##### **Money Market Accounts**
Earn competitive dividends with no monthly fees for balances over $2,500. You’ll benefit from a higher rate and can make unlimited in-person transactions.
##### **Share Certificates**
Enjoy a competitive dividend and NCUA insurance on your Share Certificate. It’s perfect if you have a fixed amount of money to set aside. Terms range from six to 60 months.
##### **Individual Retirement Accounts (IRAs)**
Social Security or 401(k) funds may not be enough. With an IRA, you can save for the future and gain potential tax benefits today. (Please consult with your tax advisor.) We offer Traditional and Roth IRAs, with terms up to 60 months.
##### **Youth Accounts**
Encourage saving at an early age. A youth savings account establishes your child’s membership and builds good savings habits for a lifetime.
[OPEN AN ACCOUNT ](https://o3-discoveryfcu.ecutechnology.com/Membership)
### Credit Union Membership Eligibility
**Banking that meets you where you are.**
At Discovery FCU, we’re here to make your financial journey easier, with a friendly team, personalized service, and flexible ways to join. We believe everyone deserves access to better banking, no matter where they’re starting from.
**How can you qualify?**
• Live in parts of Berks, Chester, or Montgomery counties
• Have an immediate family member or household member who already belongs to the credit union
• Work for a participating employer
• Receive a complimentary membership to our partner organization, the Community Impact Fund (CIF)
**We’re excited to welcome you. Apply today! Let’s build your future together.**
[JOIN NOW ](https://o3-discoveryfcu.ecutechnology.com/Membership)
---
### [Tax Time Savings](https://discoveryfcu.org/connect/tax-time-savings/)
**Published:** January 3, 2025
**Author:** Abby Showalter
**Content:**
**Discovery FCU has partnered with Love My Credit Union Rewards to offer you discounts on tax time support.**
### TURBOTAX
Get a bigger discount this tax season with **savings of 20%** on TurboTax federal products. Hand off your taxes, get help from experts, or file on your own – with TurboTax, America’s #1 tax preparation provider.
[Get Started](https://links.lovemycreditunion.org/client/love_my_cu/banner/?bid=254&campid=23&clientid=12935&sid=1)
[](https://links.lovemycreditunion.org/client/love_my_cu/banner/?bid=6083&campid=91&clientid=12935&sid=1)
### H&R BLOCK
Get expert tax help and the best-in-market offer of **saving up to $25** on H&R Block professional tax prep. Get your taxes done by a tax pro in an office, via video, or by phone – with H&R Block, experience counts.
[Get Coupon](https://links.lovemycreditunion.org/client/love_my_cu/banner/?bid=6017&campid=89&clientid=12935&sid=1)
---
### [Official Rules May 2026 Member Appreciation Raffle (“Sweepstakes”)](https://discoveryfcu.org/official-rules-may-2026-member-appreciation-raffle-sweepstakes/)
**Published:** May 8, 2026
**Author:** Abby Showalter
**Content:**
**Official Rules May 2026 Discovery Federal Credit Union Member Appreciation Raffle (“Sweepstakes”)**
*No purchase necessary. Purchase will not increase your chance of winning. All entries have an equal chance of winning. Void where prohibited by law.*
1. **How to Enter:** The May 2026 Discovery Federal Credit Union (DFCU) Member Appreciation Raffle begins at 12:00:01 am (EST) on May 11, 2026 and ends at 12:00:00 pm, midnight on May 16, 2026 (“Promotional Period”). This Sweepstakes consists of one (1) drawing with one (1) winner through May 16, 2026. Winner(s) will receive a $50 gift card and select car wash themed items via in-branch pickup. To be eligible for the incentive, the entrant must fill out a raffle ticket at the DFCU branch located at 2744 Century Blvd., Wyomissing, PA 19610 before the close of business on May 16, 2026.
2. **Eligibility:** Sweepstakes is open to individuals 18 years or older in good standing with DFCU including no history of delinquency with any loan/account at the credit union. DFCU employees and volunteers, their immediate families and persons living in their households, whether related or not, are not eligible. Void where prohibited or restricted by law. The Sweepstakes is subject to all applicable federal, state, and local laws and regulations. In the event of conflicting law, the law of Pennsylvania will prevail.
3. **Odds:** The estimated odds of winning the drawing depend on the total number of eligible entries received during the promotional period.
4. **Prizes:** For individuals 18+: One (1) $50 gift card and select car wash items will be awarded to an eligible entry selected at a random following the end of the promotional period.
5. **Drawing and Notification:** Winner will be selected on May 18, 2026. On or after May 18, 2026, the winner will be notified by phone at the phone number previously provided by the member, by email at the email address provided and/or by mail. Should a winner decline the prize, an alternate winner may be selected from the remaining eligible entries, at Sponsor’s sole discretion. Potential winners must accept prizes as directed by Sponsor within 14 days of notification. Sponsor is not responsible for any delay or failure to receive notification for any reason, including inactive phone number, technical difficulties associated therewith, or winners’ failure to adequately monitor voicemails. Any winner notification not responded to within 14 days of notification may result in prize forfeiture. Distribution of prizes are final.
6. **Disclosures:** By participating in the Sweepstakes, entrants agree to release, indemnify and hold harmless DFCU, its officers, directors, and employees (collectively, “Releasees”) from and against any injuries, losses, damages, claims, actions and any liability of any kind resulting from or arising from participation in the Sweepstakes or acceptance, possession, use, misuse or nonuse of the prize that may be awarded. The decision of the judges is final. Each winner will be responsible for paying all costs and expenses related to a prize that are not specifically mentioned, including, but not limited to, income taxes, and any other expenses that might reasonably be incurred by the winner in receiving or using the prize.
7. **Rules/Winners List:** Official rules and a list of winners are available by request.
8. **Sponsor:** Discovery Federal Credit Union, 2744 Century Boulevard, Wyomissing, PA 19610.
9. **Limitation of Liability:** Sponsor assumes no responsibility or liability for (a) any incorrect or inaccurate entry information, or for any faulty or failed electronic data transmissions; (b) any unauthorized access to, or theft, destruction or alteration of entries at any point in the operation of this Sweepstakes; (c) any technical malfunction, failure, error, omission, regardless of cause, with regard to any equipment, systems, networks, computers or providers utilized in any aspect of the operation of the Sweepstakes; (d) inability to access mobile banking site; (e) transactions that are processed late or incorrectly or are incomplete or lost due to computer or electronic malfunction; human or other errors; and any entries which are late, lost, incomplete, misdirected, misdelivered, stolen, or any combination thereof; or (f) any injury or damage to participant’s or to any other person’s computer or mobile device which may be related to or resulting from any attempt to participate in the Sweepstakes or download of any materials in the Sweepstakes.
10. **Disputes/Governing Law:** All issues and questions concerning the construction, validity, interpretation and enforceability of these rules, or the rights and obligations of any entrant or the Sweepstakes Entities in connection with the Sweepstakes, shall be governed by and construed in accordance with the laws of the State of Pennsylvania without giving effect to any choice of law or conflict of law rules or provisions which would cause the application or the laws of any jurisdiction other than the State of Pennsylvania.
11. **Publicity:** Winner’s acceptance of a prize constitutes permission for the Sponsor to use winner’s name, address (city and state only) information and likeness, for advertising/publicity purposes and in all forms of media (including posting on web site and/or social media), in perpetuity, without further notice to or compensation in connection with said Sweepstakes or the prize awarded.
12. **NO PURCHASE NECESSARY:** To enter by mail, hand-print your complete name, address, city, state, zip, phone number (including area code) and the words “May 2026 Member Appreciation Raffle” on a 3″x 5″ card, and mail in a stamped #10 envelope, hand printed, to: “May 2026 Member Appreciation Raffle”, Discovery Federal Credit Union, 2744 Century Boulevard, Wyomissing, PA 19610. Mail-in entries will be accepted beginning May 11, 2026, and must be received by May 16, 2026. One entry per person. No mechanical reproductions permitted. Entries become the sole property of the Sponsor and will not be acknowledged or returned.
---
### [About Us](https://discoveryfcu.org/connect/about/)
**Published:** February 5, 2019
**Author:** ironcore
**Content:**
### Our Purpose
#### We’re here to help you afford life.
We genuinely want to help our members enjoy life. We provide our members with education, support and guidance to build strong, independent financial lives to achieve their goals and ambitions.
### Our Core Values
#### **D**iversity
We embrace, celebrate and value diversity. We create a safe and welcoming space for all people. We act as passionate champions for each other and the people we serve.
#### **I**ntegrity
We acknowledge that we must carry out our duties with authenticity, fairness, straightforwardness, and transparency in order to honor all who are entrusting us to serve them every day.
#### **S**tability
We are dedicated to continually working to strengthen our relationships, products, services, and community. Our member-owners can count on us to deliver the same level of service – whether they’ve been with us for a day or a decade.
#### **C**ollaboration
We believe in working together to leverage our shared knowledge and skillsets to bring greater value to our member-owners. Great teamwork is the driving force of our continued growth and success, and together, we are stronger and smarter than we are as individuals.
#### **O**mnipresent
We are committed to serving our member-owners how, when, and where they want to be served. We invest in the resources, technology, and people to allow our member-owners to communicate and bank with us through the channel of their choice wherever they are.
#### **V**isionary Leadership
We create a vision, inspire others and advance the priorities and mission of the credit union. We always see an opportunity in a challenge. Leadership comes not from your title, but from your efforts.
#### **E**quality
We treat all people with courtesy, dignity, and respect. Each member-owner is equally worthy of our time, efforts & service, and each employee is essential to the whole of our team. By being dependable for and supportive of one another, together we all succeed.
#### **R**espect
We approach our work with humility, recognizing the value each person brings. We listen, and we follow through. We build caring relationships with the individuals we serve and within our teams and communities.
#### **Y**es, We Can!
If we believe in it, we find a way to get it done, whether we have the resources or not. We have the willingness to do what it takes to achieve our goals and objectives. Obstacles are not excuses.
### Our Mission
Discovery Federal Credit Union is a member-owned financial cooperative committed to assisting our members in managing their resources by providing competitive financial products and services in a professional and friendly environment. We are dedicated to meeting the growing and changing needs of our membership by expanding our range of services and employing modern technology. We are committed to the principles of equal treatment among all members and of “People Helping People”. We pledge to apply these principles in all that we do.
## Meet our Leadership Team
- [Board of Directors](#1654891378121-c548c395-2277)
- [Executive Management](#1654891378131-0b45edca-a229)
#### [Board of Directors](#1654891378121-c548c395-2277)
### Bob Shaner
Chairman
### John Volpe
Vice Chairman
### Kevin Ezzell
Secretary
### Terrence Williams
### Glenn Styer
### Joe Rudden
### Greg Ermold
#### [Executive Management](#1654891378131-0b45edca-a229)
### Michele Smith
President/CEO
### Amy Rohrbach
EVP/CFO
### Kevin Unger
VP/CRO
### Michelle Leone
VP Technology and Innovation
### Jennifer Pelker
VP Member Experience
---
### [Home Equity Loans](https://discoveryfcu.org/home-equity/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
## Fixed-Rate Home Equity Loans
##### **Rates as low as 5.39% APR\***
- Can be used for one or multiple projects or purposes
- Lump-sum disbursement of funds
- Up to 20 years to repay the loan
Call us at **610.372.8010**
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
## Home Equity Line of Credit (HELOC)
##### **6.75% APR\*\***
- Have funds available as you need them
- Flexible financing: 10 years to borrow, 20 years to repay
- Your credit line replenishes as you pay down the loan balance
Call us at **610.372.8010**
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
### What are you waiting for? It’s Now or Never.
### Call us at 610.372.8010.
### Live Your Dreams with a Home Equity Loan.
Now is the perfect opportunity to take care of all those projects or purchases you’ve been putting on hold. Take your dream vacation, complete home improvements, or consolidate debt with Discovery FCU’s affordable home equity financing. Just think of what you could do if you tapped into your home’s equity.
#### Fun:
- Build a deck, porch, or pool
- Add a family room, game room, or man cave
- Buy a car, boat, camper, or RV
- Take a dream vacation
#### Practical:
- Install new windows, a roof, or siding
- Remodel the kitchen, bath, or primary bedroom
- Pay for college
- Consolidate expensive debt
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
##### **Not Ready to Apply Online?
No worries! Contact us for more information.**
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### Take Advantage of LOW RATES now!
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
### Local Lenders. Local Decisions.
##### Serving your neighbors since 1959
At Discovery FCU, we’re all about personalized service. When you apply for a home equity loan or home equity line of credit at Discovery FCU, you’ll work with the same lender from start to finish. And, they work right here at our location in Wyomissing. You can reach them quickly and easily if you have a question or need to supply them with information. You can reach them by phone, e-mail or in-person at our branch. And, all of our decisions are made locally. Get the personal attention you need when applying for a home equity loan or home equity line of credit union. Call us today at **610.372.8010** or [**apply online**](https://discoveryfcu.ecutechnology.com/LoansX/Selection).
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
NMLS# 410638
*\*Home Equity Fixed Rate Loan: Not all members will qualify for the advertised rate. APRs are based on creditworthiness, term of loan, loan-to-value, direct deposit & automatic payments to/from a Discovery FCU account. Other restrictions apply. A sample Fixed Rate Home Equity Loan payment based on $10,000, 85% LTV and a 5-year term at 5.39% is $190.50.*
*\*\*Advertised Home Equity Line of Credit APR applies to a minimum advance of $10,000, a loan-to-value ratio of 80% for a primary residence located in PA. The line is subject to a Variable Rate which is based on the highest Prime Rate published in the Money Rates Section of the Wall Street Journal in effect on the last day of each month (“Index”) plus 0% (“Margin”). The Index plus the Margin equals the Interest Rate. Your rate will never be lower than 3.50% APR. As of 1/1/2026, the Prime Rate was 6.75% APR. Property insurance is required. PA residences only. All lines are subject to approval and collateral evaluation. Fees and charges may apply.*
---
### [Contact Us](https://discoveryfcu.org/connect/contact/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### **Online, by phone, at our office, via our network!**
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)**Office Location, Mailing Address & Routing Number**
2744 Century Boulevard
Wyomissing, PA 19610-3345
**Routing Number**: 231385646
**Map Locator**: [**Google Maps**](https://goo.gl/maps/qiaH7pJ6R9fzYhEC9) | [**Mapquest**]()
**Phone: (610) 372-8010** or **(800) 563-9383**
**Main Telephone Option Menu:**
2 – Telephone Banking
3 – Member Service
4 – Lending Department
5 – Hours and Location
6 – Report a Lost or Stolen Visa Credit Card
7 – Report a Lost or Stolen Visa Check Card
8 – Certificate and Loan Rates
**Fax**: (610) 372-8105
**Email:**
Member Services: [memberservices@discoveryfcu.org ](mailto:memberservices@discoveryfcu.org)
Lending:[ lending@discoveryfcu.org](mailto:lending@discoveryfcu.org)
**Visa Payment Address:**
Discovery FCU Visa
PO Box 37603
Philadelphia, PA 19101-0603
![]()
### **Discovery is here to serve our members every way we can.**
---
### [Reorder Checks](https://discoveryfcu.org/reorder-checks/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
**Fast, Easy and Secure!**
Discovery provides three easy ways to reorder checks:
**Reorder Checks Online through Discovery Online Banking:**
1. Log in to online banking
2. Choose “More”
3. Choose “Check Ordering”
4. Select the account you would like to order checks for
5. Follow the steps given from there
**Reorder Checks Online through Deluxe Corp.:**
1. Locate the Deluxe Corp. personal check reorder form in your checkbook
2. If you don’t have the check reorder form, use a current check as a sample
3. Order at the Deluxe website: [Reorder Checks](https://orderpoint.deluxe.com/personal-checks/welcome.htm)
For security reasons, you cannot change any of the printed information on your checks online. To update your check information, contact Discovery: call [(610) 372-8010](tel:6103728010) or [(800) 563-9383](tel:8005639383) or visit our office
**Reorder at our Discovery office**
Visit Discovery at 2744 Century Blvd. in Wyomissing, PA and fill out a reorder form. Be sure to bring in a sample of your current checks. When you visit, you can update your check information, such as a name or address change. You can also call us with updates: [(610) 372-8010](tel:6103728010) or [(800) 563-9383](tel:8005639383).
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Discovery makes banking easy.**
---
### [Sitemap](https://discoveryfcu.org/sitemap/)
**Published:** September 19, 2019
**Author:** ironcore
**Content:**
- [2 Step Verification](https://discoveryfcu.org/2stepverification/)
- [Account Numbers](https://discoveryfcu.org/account-numbers/)
- [Adalyn Rose Rewards](https://discoveryfcu.org/adalyn-rose-rewards/)
- [Apple Pay with Visa Check Card](https://discoveryfcu.org/apple-pay/)
- [Auto Loan Calculator](https://discoveryfcu.org/auto-loan-calculator/)
- [BCSS Rewards](https://discoveryfcu.org/bcss-rewards/)
- [Book an Appointment](https://discoveryfcu.org/appointment/)
- [Business Checking](https://discoveryfcu.org/business-checking/)
- [Business Loans](https://discoveryfcu.org/business-loans/)
- [Business Savings](https://discoveryfcu.org/business-savings/)
- [Change Effective July first 2025](https://discoveryfcu.org/change-effective-july-first-2025/)
- [Checking Accounts](https://discoveryfcu.org/checking/)
- [Children’s Alopecia Project Rewards](https://discoveryfcu.org/cap-rewards/)
- [Connect](https://discoveryfcu.org/connect/)
- [A2A and P2P Transfer Service User Agreement](https://discoveryfcu.org/connect/a2a_p2p_user_agreement/)
- [About Us](https://discoveryfcu.org/connect/about/)
- [About Us – Demo](https://discoveryfcu.org/connect/about-us-demo/)
- [Community Involvement](https://discoveryfcu.org/connect/community-involvement/)
- [Contact Us](https://discoveryfcu.org/connect/contact/)
- [Join](https://discoveryfcu.org/connect/join/)
- [Open an Account in 5 Minutes](https://discoveryfcu.org/connect/5minutes/)
- [Our History](https://discoveryfcu.org/connect/history/)
- [Shared Branching](https://discoveryfcu.org/connect/shared-branching/)
- [Tax Time Savings](https://discoveryfcu.org/connect/tax-time-savings/)
- [Telephone Banking](https://discoveryfcu.org/connect/telephone-banking/)
- [Connect With Us](https://discoveryfcu.org/connect-with-us/)
- [Credit Card Options for Berks County, PA Residents](https://discoveryfcu.org/credit-cards-berks-county-pa/)
- [Credit Line](https://discoveryfcu.org/credit-line/)
- [CU Deposit](https://discoveryfcu.org/cu-deposit/)
- [CURewards](https://discoveryfcu.org/curewards/)
- [Debt Consolidation](https://discoveryfcu.org/smarter-borrowing/)
- [Disclosures](https://discoveryfcu.org/disclosures/)
- [Discovery FCU Cards App](https://discoveryfcu.org/discovery-fcu-cards-app/)
- [Discovery FCU Cards Mobile Application Privacy Policy](https://discoveryfcu.org/discovery-fcu-cards-mobile-app-privacy-policy/)
- [Discovery Online Privacy Policy](https://discoveryfcu.org/discovery-online-privacy-policy/)
- [Estate Planning](https://discoveryfcu.org/estate-planning/)
- [Financial Fraud Education](https://discoveryfcu.org/financial-fraud-education/)
- [Financial Wellness](https://discoveryfcu.org/financial-wellness/)
- [Forms & Applications](https://discoveryfcu.org/forms-applications/)
- [Home](https://discoveryfcu.org/)
- [Home Equity Loans](https://discoveryfcu.org/home-equity/)
- [Invest in Your Dreams With a Low, Fixed-Rate Home Equity Loan](https://discoveryfcu.org/invest-in-your-dreams-with-a-low-fixed-rate-home-equity-loan/)
- [ironcore](https://discoveryfcu.org/credit-cards-montgomery-county-pa/)
- [Lifestyle Loans](https://discoveryfcu.org/lifestyle-loans/)
- [Loan Payment Options](https://discoveryfcu.org/payment/)
- [Member Value](https://discoveryfcu.org/value/)
- [Mortgage Equity Calculator](https://discoveryfcu.org/mortgage-equity-calculator/)
- [New and Pre-Owned Auto Loans](https://discoveryfcu.org/auto/)
- [News](https://discoveryfcu.org/news/)
- [Official Rules May 2026 Member Appreciation Raffle (“Sweepstakes”)](https://discoveryfcu.org/official-rules-may-2026-member-appreciation-raffle-sweepstakes/)
- [Online & Mobile Banking](https://discoveryfcu.org/upgrade/)
- [Online Agreement and Disclosures](https://discoveryfcu.org/online-agreement-and-disclosures/)
- [Opportunity Plus Checking](https://discoveryfcu.org/opportunity-plus-checking/)
- [Overdraft and Overdraft Fees](https://discoveryfcu.org/overdraft-protection/)
- [P2PTransfers](https://discoveryfcu.org/p2ptransfers/)
- [Payment Options](https://discoveryfcu.org/payment-options/)
- [Personal Debt Ratio Calculator](https://discoveryfcu.org/personal-debt-ratio-calculator/)
- [Personal Loans](https://discoveryfcu.org/personal-loans/)
- [Personal Loans for Montgomery County, PA](https://discoveryfcu.org/personal-loans-montgomery-county-pa/)
- [Personalized Banking at Discovery FCU](https://discoveryfcu.org/personalized-banking/)
- [Privacy Policy](https://discoveryfcu.org/privacy-policy/)
- [ProBerco Rewards](https://discoveryfcu.org/proberco-rewards/)
- [Rates](https://discoveryfcu.org/rates/)
- [Recreational Vehicle Loans](https://discoveryfcu.org/other-vehicle-loans/)
- [Reorder Checks](https://discoveryfcu.org/reorder-checks/)
- [Required Documents for Business Membership](https://discoveryfcu.org/business-membership-required-documents/)
- [Residential First Mortgage](https://discoveryfcu.org/residential-first-mortgage/)
- [Resources](https://discoveryfcu.org/resources/)
- [Calculators](https://discoveryfcu.org/resources/calculators/)
- [Free Coin Counting](https://discoveryfcu.org/resources/coin-counting/)
- [Locations](https://discoveryfcu.org/resources/location-hours/)
- [Save](https://discoveryfcu.org/save/)
- [Basic Savings](https://discoveryfcu.org/save/basic-savings/)
- [It’s Time To Switch To E-Statements](https://discoveryfcu.org/save/e-statements-how-to/)
- [Money Market Savings](https://discoveryfcu.org/save/money-market/)
- [Share & IRA Certificates](https://discoveryfcu.org/save/share-ira-certificates/)
- [Traditional and Roth IRAs](https://discoveryfcu.org/save/traditional-roth-iras/)
- [Youth Account](https://discoveryfcu.org/save/youth-account/)
- [Savings Calculator](https://discoveryfcu.org/roth-ira-calculator/)
- [Share Secured Loans](https://discoveryfcu.org/share-secured-loans/)
- [Skip-a-Payment Program](https://discoveryfcu.org/skip-payment/)
- [Student Loans](https://discoveryfcu.org/student-loans/)
- [Terms and Conditions](https://discoveryfcu.org/terms-and-conditions/)
- [Thank you](https://discoveryfcu.org/thank-you-donation/)
- [The Rudden Family Foundation Rewards](https://discoveryfcu.org/rudden-family-reward/)
- [Transfer Terms and Conditions](https://discoveryfcu.org/transfer-terms-and-conditions/)
- [TruStage Insurance](https://discoveryfcu.org/trustage-insurance/)
- [Update Profile](https://discoveryfcu.org/updateprofile/)
- [Vacation Loans](https://discoveryfcu.org/vacation-loans/)
- [Video Banking](https://discoveryfcu.org/videobanking/)
- [Visa Check Card](https://discoveryfcu.org/visa-check-card/)
- [Visa Credit Card Account Terms](https://discoveryfcu.org/visa-credit-card-schumer-box/)
- [Visa Credit Cards](https://discoveryfcu.org/credit-cards/)
- [Webinar Privacy Statement](https://discoveryfcu.org/webinar-privacy-policy/)
- [Welcome to Discovery Federal Credit Union!](https://discoveryfcu.org/welcome-to-discovery-federal-credit-union/)
- [You Are More Than Your Bank Account](https://discoveryfcu.org/benefits-of-a-credit-union-membership/)
---
### [ironcore](https://discoveryfcu.org/home-equity-loans-home-improvements/)
**Published:** March 17, 2026
**Author:** ironcore
**Content:**
### Patchwork Solutions Only Go So Far.
##### A stronger fix can start right at home.
Use the equity you’ve built to fund home repairs, upgrades, and projects that make your space work better for you.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
###### “I highly recommend Discovery FCU. Their customer-focused approach and dedicated staff make all the difference. I truly appreciate the personalized attention and care I received.”
**– Collyns A., Google Review**
## A Smarter Way to Fund Home Improvements
Home improvements are one of the best investments you can make — but paying for them all at once can put real strain on your budget.
Instead of stretching your budget or relying on short-term fixes, use the value you’ve built in your home to finance projects with competitive rates and flexible terms.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
### 
Fixed-Rate Home Equity Loan
- Fixed rate and predictable payments
- Ideal for one-time improvement projects
- Structured repayment plan
### 
HELOC (Home Equity Line of Credit)
- Flexible revolving line of credit
- Borrow as needed for ongoing projects
- Pay interest only on what you use
- **Borrow what you need—when you need it.**
10-year draw. 20-year repayment.
### Invest in the Home You Already Love
Home equity gives you a stronger way to fund the improvements that matter most.
Your home equity can help you tackle projects that improve comfort, efficiency, and value.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
### Popular Uses
**Kitchen and bathroom renovations**
**Roofing or siding upgrades**
**New windows or insulation**
**Decks, patios, and outdoor living spaces**
**Finishing or expanding a living space**
### Why Home Equity Works
**Competitive rates compared to many other borrowing options**
**Financing designed for homeowners**
**Members can save ~ $1,192 on home equity loans compared to local banks.1**
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
\*Average savings based on last year’s data in partnership with Curinos.
##### WHY DISCOVERY FCU
### We’re Built Pennsylvania Strong
Since 1959, Discovery FCU has proudly served Pennsylvania homeowners with personal service and common-sense lending that puts them first.
- Member-focused service
- Local lending decisions
- Competitive rates and flexible options
- Support from a team that knows how Pennsylvania’s weather wears on homes.
### Not a member yet?
Joining Discovery FCU is simple and opens the door to a full range of financial services.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
###### **“Very helpful, friendly and awesome to work with. Happy to be a new member of this credit union.”**
– Kayla F., Google Review
### 
A Stronger Fix Starts at Home.
Turn the equity you’ve built into real improvements and more value for your home.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
NMLS# 410638
1Home Equity Fixed Rate Loan: Not all members will qualify for the advertised rate. APRs are based on creditworthiness, term of loan, loan-to-value, direct deposit & automatic payments to/from a Discovery FCU account. Other restrictions apply. A sample Fixed Rate Home Equity Loan payment based on $10,000, 85% LTV and a 5-year term at 5.39% is $190.50.
\*\*Advertised Home Equity Line of Credit APR applies to a minimum advance of $10,000, a loan-to-value ratio of 80% for a primary residence located in PA. The line is subject to a Variable Rate which is based on the highest Prime Rate published in the Money Rates Section of the Wall Street Journal in effect on the last day of each month (“Index”) plus 0% (“Margin”). The Index plus the Margin equals the Interest Rate. Your rate will never be lower than 3.50% APR. As of 1/1/2026, the Prime Rate was 6.75% APR. Property insurance is required. PA residences only. All lines are subject to approval and collateral evaluation. Fees and charges may apply.
---
### [2 Step Verification](https://discoveryfcu.org/2stepverification/)
**Published:** March 31, 2021
**Author:** Marketing
**Content:**
### Stronger Security for your Discovery FCU Online & Mobile Banking
Your security is a top priority – that’s why we require a 2-Step Verification process as part of your sign-in process for online and mobile banking. 2-Step Verification adds an extra layer of security to protect you and your account in case your password is ever stolen. In addition to entering your password, a one-time use verification code will be sent by SMS text message or e-mail to the cell phone number or e-mail address associated with your Discovery FCU account. The code must be entered and submitted for confirmation to access your account.
It is important that the cell phone number and e-mail address listed on your account are up-to-date. **[Click here](https://discoveryfcu.org/updateprofile/)** to learn how to update your **[profile settings](https://discoveryfcu.org/updateprofile/)** in online or mobile banking. You can also update your information by calling the credit union at **610.372.8010**.
##### **Want to skip the 2-Step Verification Step on devices you trust?**
When you log in to online banking from your PC or mobile device for the first time, you will be required to complete the 2-Step Verification process. If you’re using the mobile banking app, you’ll only be required to complete this process once from each mobile device you use unless you erase the device’s history, delete and re-download the app, change your password or change your mobile device.
When using online banking from a browser, such as on a PC or laptop, you’ll need to check the **Remember Device** option located on the sign-in page when signing in.
##### **Here are step-by-step instructions on what to expect with 2-Step Verification using online banking from a browser:**
##### **Step One:** Enter your username and password, click continue.
When you click on continue, a Security Checks pop-up box will display.
##### **Step Two:** Select if you want the verification code sent to your e-mail address or cell phone, then click on **Get Code**.
The **Get Code** button will be grayed out until you select which method you prefer the verification code to be sent. Once you select your e-mail address or cell phone number, the button will turn orange. If you no longer have access to the e-mail address and cell phone number listed, or if no e-mail address or cell phone number is listed, you will need to call the credit union at **610.372.8010** to update your personal information associated with your Discovery FCU account.
##### **Step Three:** Check your cell phone or e-mail for the verification code and enter it into the field displayed. Then click, Sign In.
The **Sign In** button will be grayed out until you enter the verification code. Once you enter the verification code, the **Sign In** button will turn orange. The verification code will expire one hour from the time that it is sent. If you do not receive the verification code via e-mail, please check your Spam folder. If your verification code expires, you will need to have a new code resent. You can click on the **Resend Code** button, or close your browser or app and restart the sign-in process.
Once you have successfully entered your verification code and clicked **Sign In**, you will be signed in to online banking and automatically enter your online banking session.
##### How to skip the 2-Step Verification Process when using your private computer or laptop.
Check the **Remember Device** option on the Sign In box when you initially sign in to online banking.
If you’re using the mobile banking app, you’ll only be required to complete this process once from each mobile device you use unless you erase the device’s history, delete and re-download the app, change your password or change your mobile device.
If you have any questions or need assistance with 2-Step Verification, please call the credit union at **610.372.8010**. We’re here to help.
---
### [Business Checking](https://discoveryfcu.org/business-checking/)
**Published:** September 23, 2019
**Author:** ironcore
**Content:**
### **Everything You Need to Pay Bills and Make Purchases**
Two great accounts to choose from depending on the size and needs of your business.
### Basic Business Checking
- No minimum balance fee
- Process up to 100 items free each month\*
- Free Visa Check Card
- Free deposit bags – just ask us for one when you’re in the neighborhood!
### Premier Business Checking
- Process up to 250 items free each month\*\*
- Earn [dividends](https://discoveryfcu.org/rates/#:~:text=Premier%20Business%20Checking) on balances over $1,000.00
- Keep your balance above $1,000 to avoid the $10 below minimum balance fee
- Free Visa Check Card
- Free deposit bags – just ask us for one when you’re in the neighborhood!
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![credit union business checking account]()
### Manage your money on the go, any time, with the Discovery FCU mobile banking app.
- Check balances and view transactions
- Transfer funds and pay bills
- Deposit checks
- Establish account alerts
- Send and receive secure messages
### **Access Your Money When You Need It**
Discovery FCU business checking accounts offer a free Visa Check Card.
- No annual fee
- Instant issue is available at our branch
- Free transactions at more than 55,000 ATMs through the Allpoint and CU$ Networks
- Make deposits to your account at Star Shared Deposit ATMs
- Use your Discovery FCU Check Card with virtual wallets ApplePay®, GooglePayTM, and Samsung Pay®
![business owners at a computer]()
### We’ve partnered with NewtekOne to offer even more solutions to our business members.
- Payroll and benefits
- Ecommerce
- Merchant Processing
Learn more about all of these offerings [here](https://partners.newtekone.com/discoveryfcu/).
[Visit NewtekOne ](https://partners.newtekone.com/discoveryfcu/)
\*Basic Business Checking: $0.25 per item fee on transactions over 100, excluding cash deposits, in-person withdrawals, and internal transfers.
\*\*Premier Business Checking: $0.25 per item fee on transactions over 250, excluding cash deposits, in-person withdrawals, and internal transfers.
---
### [Shared Branching](https://discoveryfcu.org/connect/shared-branching/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### **Access your Discovery FCU Account at any Shared Branch in the U.S.!**
You can access your Discovery account at 5,000 credit union locations nationwide, a practice called “Shared Branching.” Visit a Shared Branch and use their teller services for basic transactions to your Discovery account:
- Deposit checks or cash
- Withdraw cash
- Transfer funds from one account to another
- Make loan payments
**How to Use Shared Branching**
1. Visit a participating Shared Branching location and tell a credit union representative that you wish to make a transaction on your Discovery Federal Credit Union account
2. Provide your credit union account number and show a valid government-issued picture ID with signature
**Three easy ways to find a Shared Branching location:**
1. Visit
2. Search “Co-Op Shared Branch” in your app store and download the Co-Op Shared Branch app.
3. Call 888-837-6500.
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Discovery partners with 5,000 credit unions to give you nationwide in-person access to your account.**
[Find a Location ](/resources/location_hours)
*Note: Discovery does not participate in the ATM Co-Op Network. ATM transactions at Co-Op ATMs are subject to fees imposed by the ATM owner.*
---
### [Visa Credit Cards](https://discoveryfcu.org/credit-cards/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Better Cash Management, Plus Rewards!
Discovery FCU Visa® credit cards have no annual fee and low, competitive rates. Make purchases when it’s best to buy, and by making your regular monthly payments, you’ll build a good credit score. As an added plus, members earn rewards points for merchandise or use Points2Cash to receive a deposit in your account, pay your bill, or make a donation!
With CU*Rewards®*, you’ll enjoy:
- **Points that never expire**
Your rewards are always yours. Save them up for something big or use them whenever you choose.
- **1 point for every $1 spent**
Every purchase counts. From everyday essentials to special occasions, your spending earns you more.
- **Points2Cash**
- Shopping for a wide selection of merchandise
- Donate to local non-profits like [Breast Cancer Support Services](https://discoveryfcu.org/bcss-rewards/), [Adalyn Rose Foundation](https://discoveryfcu.org/adalyn-rose-rewards/), [ProBerco](https://discoveryfcu.org/proberco-rewards/), [Children’s Alopecia Project](https://discoveryfcu.org/cap-rewards/), and the [Rudden Family Foundation](https://discoveryfcu.org/rudden-family-reward/)
- Use points to pay bills
- Convert points into money deposited into your accounts
Discovery FCU offers two Visa credit cards: Visa Classic and Visa Platinum. Each provides a host of benefits.
## Visa Platinum
##### **non variable 8.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://discoveryfcu.org/curewards/)
- The maximum credit limit is $20,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
## Visa Classic
##### **non variable 12.99% APR\***
- No Annual Fee
- Earn [CU*Rewards®*](https://discoveryfcu.org/curewards/)
- The maximum credit limit is $15,000
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[View Account Details](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
### 2.99% APR\* for the first six (6) months on balance transfers!\*\*\*
##### Visa Platinum: 8.99% APR\* thereafter; Visa Classic: 12.99% APR\* thereafter. A 3% balance transfer fee applies.
[Complete a Balance Transfer Form Online ](https://na3.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=f0249081-792b-474e-b39c-808e1db3e2fa&env=na3&acct=a50055cc-1ff1-47f4-9ff4-8e8ee8a6a1c6&v=2)
#### Discovery FCU Credit Card Benefits
Both our Visa Classic and Visa Platinum Credit Cards have a variety of benefits to power you with the financial management tools you need.
- No annual fee
- No cash advance fee
- Worldwide acceptance
- [Travel Insurance](https://discoveryfcu.org/wp-content/uploads/2024/04/Travel-Disclosures.pdf)
- Shop almost anywhere with Visa’s Zero Liability Purchase Policy\*\*
- The flexibility to make purchases, pay bills or get cash
- Easy payment options online, by mail, or in-person
- Manage your credit card information online with Discovery mobile and/or online banking
- Quick and easy application process
- Earn [CU*Rewards®*](https://www.curewards.com/Login) points with each qualifying purchase
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
![discovery visa card]()
### Pay Safe & Fast with Virtual Wallets
All Discovery FCU Credit & Debit cards work with Apple Pay® and Samsung Pay®.
[Download the Discovery FCU Cards App ](https://discoveryfcu.org/discovery-fcu-cards-app/)
[](https://apps.apple.com/us/app/discovery-fcu-cards/id6444013009)
[](https://play.google.com/store/apps/details?id=org.discoveryfcu.cardservices.appstore)
**Not a Member?** You must join the credit union for your loan application to be processed. You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. [Learn More.](/connect/join/)
\*APR = Annual Percentage Rate. [View Account Details Here.](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
\*\* Visa’s Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholders must notify card issuer promptly of any unauthorized use.
\*\*\*3% balance transfer fee applies.
---
### [Financial Fraud Education](https://discoveryfcu.org/financial-fraud-education/)
**Published:** April 7, 2025
**Author:** Abby Showalter
**Content:**
**We don’t want you to become a victim of a scam, so we put together this educational resource on financial fraud protection.**
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.
Discovery FCU is here to help arm members like you with the tools you need to avoid becoming a victim of financial fraud. This page is full of resources, tips, and some surprising tactics taken by scammers.
**Quick Reminder: Discovery FCU will never call you asking for an online code or personal identifying information.**
## Security Center
## Videos by Discovery
##### **Protect Yourself from Romance Scams**
##### **Protect Yourself from Click Scams**
##### **Protect Yourself from Work Scams**
##### **Protect Yourself from Vehicle Scams**
##### **Protect Yourself from Loan Scams**
##### **Protect Yourself from Credit Union Impersonation Scams**
## Articles by Discovery
##### **Recognizing and Avoiding Scams**
[](https://discoveryfcu.org/news/recognizing-and-avoiding-scams/)
##### **Account Takeover Fraud for Cardholders on the Rise**
[](https://discoveryfcu.org/news/account-takeover-fraud-for-cardholders/)
##### **What You Need to Know About Credit Union Impersonation Scams**
[](https://discoveryfcu.org/news/what-you-need-to-know-about-credit-union-impersonation-scams/)
##### **Avoid Falling Victim to IRS Scams and Phishing Attempts**
[](https://discoveryfcu.org/news/avoid-falling-victim-to-irs-scams-and-phishing-attempts/)
##### **Protecting Your Identity: Best Practices for Keeping Your Accounts Safe**
[](https://discoveryfcu.org/news/protecting-your-identity-best-practices-for-keeping-your-accounts-safe/)
##### **Scam Alert: Check Fraud**
[](https://discoveryfcu.org/news/beware-of-counterfeit-discovery-fcu-checks-circulating/)
### Quick Tips:
##### Don’t ever share passwords or pin numbers.
If the call seems suspicious, hang up and call back at the number you know.
Don’t click on links in emails or text messages you weren’t expecting.
**Never hesitate to call us if you suspect fraud on your account.**
We’re always here for you.
---
### [Personal Loans](https://discoveryfcu.org/personal-loans/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Personal Loans for Home Projects, Student Loans, Car Purchases, Paying Off High-Debt Credit Cards & More
Whether you’re paying for a wedding, a dream vacation, or covering unexpected medical expenses, Discovery FCU personal loans are available to fit your needs.
- Plan a new pool, deck, or jacuzzi for outdoor fun. Now’s the time to put your plans together.
- How about a room addition, new kitchen, or home remodel? You’ll love the extra space and more privacy.
- Pay off high-rate credit cards and reduce your interest and monthly payments.
- Use the funds for kids heading back to college or for a major purchase.
##### **Personal Loan Benefits**
- **Use the funds for anything you want or need**
- Rates as low as 9.74% APR\*
- The maximum loan amount is $40,000
- Flexible repayment terms up to 60 months
- Fast and easy application process.
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
### Upgrade Your Everyday Personal Loan Special
Get the cash you need to make the most of the season with our **Upgrade Your Everyday Personal Loan Special**! Borrow up to **$5,000** at as low as **8.49% APR¹** with a flexible term of up to **18 months**—and enjoy **no payments for the first 60 days²**. Whether you’re planning a vacation, tackling a home project, or just want extra room in your budget, this limited-time offer makes it easy to make the most of the season.
This great rate on personal loans is only available for a **limited time**! Apply today!
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
### Lifestyle Personal Loans
Loans for health-related expenses not covered by insurance, such as cosmetic & dental procedures, vision correction, fertility treatments, and more.
- Lower rates than our Personal Loan rates
- Loans up to $15,000 for one or multiple procedures
- Terms up to 60 months
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
**Not a Member?** *You must be eligible for membership in the credit union to process your loan application. You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association. [Learn More.](/connect/join/)*
¹APR= Annual Percentage Yield. The Upgrade Your Everyday Personal Loan Special is only available for a limited time. The rate displayed is the lowest available rate and your rate may be higher. APRs are based on your creditworthiness, term of the loan, direct deposit to a Discovery FCU account, and automatic electronic payments from your Discovery FCU account. A sample $5,000.00 loan payment at 8.49% APR at a 18-month term is $296.82. Loan terms up to 18 months. *Rates subject to change at any time.*
²Interest will accrue over the 60 day payment deferral. Other conditions may apply.
\*APR = Annual Percentage Rate. The rate displayed is the lowest available rate and your rate may be higher. APRs are based on your creditworthiness, term of the loan, direct deposit to a Discovery FCU account, and automatic electronic payments from your Discovery FCU account. A sample $5,000.00 loan payment at 9.74% APR at a 60-month term is $105.60. Loan terms up to 60 months.
---
### [CURewards](https://discoveryfcu.org/curewards/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
At Discovery FCU, we’re committed to delivering benefits that truly work for you.
That’s why we’ve enhanced your Visa® credit card rewards experience with CU*Rewards®*—a flexible, easy-to-use program designed to make every dollar you spend more rewarding.
**New credit card promotion:**
*Classic* – Spend $500 in the first 90 days and earn 10,000 points
*Platinum* – Spend $1,000 in the first 90 days and earn 15,000 points
With CU*Rewards®*, you’ll enjoy:
- **Points that never expire**
Your rewards are always yours. Save them up for something big or use them whenever you choose.
- **1 point for every $1 spent**
Every purchase counts. From everyday essentials to special occasions, your spending earns you more.
- **Points2Cash**
- Shopping for a wide selection of merchandise
- Donate to local non-profits like [Breast Cancer Support Services](https://discoveryfcu.org/bcss-rewards/), [Adalyn Rose Foundation](https://discoveryfcu.org/adalyn-rose-rewards/), [ProBerco](https://discoveryfcu.org/proberco-rewards/), [Children’s Alopecia Project](https://discoveryfcu.org/cap-rewards/), and the [Rudden Family Foundation](https://discoveryfcu.org/rudden-family-reward/)
- Use points to pay bills
- Convert points into money deposited into your accounts
With our low-rate Visa Credit Cards now paired with CU*Rewards®*, it’s a no brainer! Give yourself the freedom to earn and redeem in ways that fit your lifestyle—making your Discovery FCU credit card even more valuable every time you use it.
[Redeem Your Points Here ](https://www.curewards.com/Login)[Apply For a Visa® Credit Card ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![Girl paying with card]()
### Earn Discovery Visa® CU*Rewards* points that meet you where you are—whether you’re covering needs, sharing kindness, or enjoying a treat.
---
### [Personal Loans for Montgomery County, PA](https://discoveryfcu.org/personal-loans-montgomery-county-pa/)
**Published:** December 16, 2025
**Author:** ironcore
**Content:**
### Local Personal Loans for the Moments that Matter
All across Montgomery County, PA residents are choosing local lending options that offer better rates, better terms, and better service.
**Our personal loan solutions are designed around real community needs with:**
- No more living paycheck-to-paycheck
- A debt-free future
- Endless possibilities: By consolidating your debt with Discovery FCU, you not only alleviate the stress of multiple payments but unlock the door to MORE peace of mind in financial security.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
### Personal Loans Made for Montgomery County Residents
Whether you’re consolidating debt, covering unexpected expenses, or financing big plans, Discovery FCU makes it easy to borrow smart.
### **We offer two types of personal loans, each built to help you borrow with confidence:**
### Personal Loans
##### Borrow up to **$40,000**
##### Rates as low as **9.74% APR\***
##### Flexible terms up to **60 months**
##### Fast, easy application process
### Lifestyle Personal Loans
##### (For health-related expenses not covered by insurance)
##### Loans up to **$15,000** for one or multiple procedures
##### Terms up to **60 months**
##### Lower rates than standard personal loans
#### You can easily apply online or book an appointment if you’d like to speak with a Discovery FCU representative.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
[Book an Appointment ](https://discoveryfcu.org/appointment/)
## “People Helping People”
### Why Montgomery County Chooses Discovery FCU
At Discovery FCU, we’re not just a lender — we’re your neighbors. Our personal loans are designed to help you achieve your dreams and ambitions.
### On top of an average yearly savings of $530, our members enjoy:
##### Lower Rates Than Most Banks
Save more with competitive, budget-friendly lending.
##### Exceptional, Personalized Service
Talk to friendly, knowledgeable team members who take the time to understand your needs and goals.
##### Flexible Loan Options
Choose from standard terms or specialized Lifestyle Loans to fit your goals.
##### No Prepayment Penalties
Pay off your loan early and save on interest.
##### Easy Money Management
Use our mobile and online banking to make payments, view balances, and manage your financial life.
[Become a Member ](https://o3-discoveryfcu.ecutechnology.com/Membership/Agreements)
[Visit Wyomissing Branch ](https://discoveryfcu.org/resources/location-hours/)
### How to Open a Discovery FCU Personal Loan in Montgomery County
##### Applying is simple and secure.
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
# **1.**
**Become a Member.**
**You can join the credit union if you:**
- Live in parts of Berks, Chester, or Montgomery counties
- Have an immediate family member or household member who already belongs to the credit union
- Work for a participating employer
- Receive a complimentary membership to our partner association, the Community Impact Fund (CIF)
# **2.**
**Choose your loan.**
Select a standard Personal Loan or a Lifestyle Personal Loan based on your goals.
# **3.**
**Apply your way.**
Apply online or visit our Wyomissing branch for in-person service.
# **4.**
**Get approved quickly.**
Most applications receive fast decisions from our local lending team.
# **5.**
**Manage anytime.**
Make payments and track balances through online and mobile banking.
### Frequently Asked Questions
### What types of personal loans does Discovery FCU offer?
We offer two options: Personal Loans and Lifestyle Personal Loans (for medical or cosmetic procedures).
### How much can I borrow?
You can borrow up to **$40,000** with a Personal Loan or up to **$15,000** with a Lifestyle Loan.
### What can I use a personal loan for?
Anything you need — home projects, vacations, debt consolidation, college tuition, car repairs, medical bills, or major purchases.
### How fast is approval?
Most members receive a decision quickly, especially when applying online.
### Are there any fees?
Discovery FCU offers straightforward personal loans with no prepayment penalties and transparent terms.
### Who can apply?
Anyone eligible for Discovery FCU membership can apply, including residents of Montgomery County, PA.
### Your Local Financial Partner in Montgomery County, PA
Discovery FCU is proud to serve Montgomery County residents with honest, affordable, and convenient solutions, including personal loans, credit cards, auto loans, home loans, and everyday banking.
Our goal is to make it easy for you to access your money wherever you are through Shared Branching and a large no-fee ATM network. With Shared Branching, you can visit thousands of participating credit union locations nationwide and conduct everyday transactions—like deposits, withdrawals, transfers, and loan payments—just as if you were at your home branch, using your Discovery FCU account, account number, and photo ID.
Additionally, as part of the Allpoint and CU$ Alliance surcharge-free ATM networks, you get access to over 55,000 ATMs worldwide without paying fees—so you can withdraw cash conveniently and affordably near home or on the go.
Together, these networks extend Discovery FCU’s reach far beyond its local branch, giving you flexible, fee-friendly access to your funds wherever life takes you.
[Apply for your Personal Loan ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
###### I have a been a Discovery FCU customer for several years and I must say that they will continue to have my business for life. You will also see what amazing and refreshing it is to have a bank that has your back!! Thanks again for this amazing experience.
**– Jerry L.**
*\*APR = Annual Percentage Rate. The rate displayed is the lowest available rate and your rate may be higher. APRs are based on your creditworthiness, term of the loan, direct deposit to a Discovery FCU account, and automatic electronic payments from your Discovery FCU account. A sample $5,000.00 loan payment at 9.74% APR at a 60-month term is $105.60. Loan terms up to 60 months.*
---
### [Debt Consolidation](https://discoveryfcu.org/smarter-borrowing/)
**Published:** December 18, 2025
**Author:** ironcore
**Content:**
### Learn Your Debt Relief Options
##### **[PERSONAL LOANS](#personal) | [HOME EQUITY LOANS](#home) | [VISA® CREDIT CARDS](#visa)**
Discovery Federal Credit Union offers affordable borrowing options designed to help you regain control, move forward with confidence, and keep your financial goals in sight.
Whether you’re in Berks, Chester, Montgomery, or beyond, we’ll help you find the right fit based on your goals (and your eligibility to join). Plus you will enjoy the following benefits:
##### Competitive rates from a local credit union
##### Simple online applications
##### No hidden fees or surprises
##### Personalized service from people in your community
### 
### Personal Loans: A Lifeline When You’re Feeling Underwater
When bills pile up or life moves fast, a personal loan can be a steady, predictable way to cover expenses, consolidate higher-interest debt,
or fund what’s next, without adding more stress.
### Why choose a Discovery FCU personal loan:
##### Low rates and predictable monthly payments
##### Loan amounts up to $40,000
##### Terms up to 60 months
##### Use for anything you want
[Apply Now ](https://discoveryfcu.org/personal-loans/)
### 
Home Equity Loans: Steady Ground and Predictable Payments
Your house has value beyond a place to call home, it can also provide a smart way to access funds when you need them most. A fixed-term Home Equity Loan gives you a lump sum upfront, a set repayment schedule, and stable monthly payments you can plan around.
### Home Equity Loan benefits at Discovery FCU:
##### Fixed rate options for steady monthly payments
##### Flexible terms and borrowing amounts
##### No hidden costs or surprises
##### Great for renovations, large expenses, or consolidating higher-interest debt
[Apply Now ](https://discoveryfcu.org/home-equity/)
### 
Visa® Credit Cards: Keep High Interest From Pulling You Under
High-interest balances can keep you stuck in place. Our Visa® credit cards help you simplify payments, lower costs, and make progress, so you can focus on where you’re headed.
### Why members choose Discovery FCU Visa® cards:
##### Low APR options
##### No annual fees
##### No cash advance fees
##### Ultra low balance transfer rate
##### Earn CURewards
##### Visa® Zero Liability Purchase Policy
Transfer your high interest debt to your Discovery Visa and take advantage of a low rate of 2.99% APR\* for the first six months on the balance transfer.\*\* (Visa Platinum: 8.99% APR\* thereafter; Visa Classic: 12.99% APR\* thereafter. A 3.0% balance transfer fee applies.)
[View Card Options & Benefits ](https://discoveryfcu.org/credit-cards/)
### Not a Member Yet? Come In From the Storm and Join Discovery FCU
Joining Discovery Federal Credit Union is simple and it opens the door to better rates, helpful tools, and real support when you need a financial lifeline. Membership is expanding and our new charter means more people can qualify to join than ever before.
##### Why people choose Discovery FCU:
- Local decision-making and service that puts you first
- Competitive products without big-bank pressure
- Real guidance from people who want to help
- Members save $530/year on average just by banking with us
[Become a Member Today ](https://discoveryfcu.org/value/)
### Let’s Find the Right Fit for You. Get Back on Course with Confidence.
You deserve borrowing options that feel clear, manageable, and aligned with your goals. Let’s shine a light on the best next step together.
### Find the Right Option for You
##### **[Apply for a Personal Loan](/personal-loan) | [Apply for a Home Equity Loan](https://discoveryfcu.org/home-equity/) | [Apply for a Discovery FCU Visa®](https://discoveryfcu.ecutechnology.com/LoansX/Selection)**
*\*APR = Annual Percentage Rate. [View Account Details Here.](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)*
*\*\*3% balance transfer fee applies.*
---
### [Credit Card Options for Berks County, PA Residents](https://discoveryfcu.org/credit-cards-berks-county-pa/)
**Published:** October 27, 2025
**Author:** ironcore
**Content:**
### Open a credit card designed for the way Berks County lives, works, and shops.
From Reading to Wyomissing and across Berks County, residents are choosing local credit card options. **Why? Because they offer:**
##### More Flexibility
##### Fewer Fees
##### Personal Service
Whether you’re managing everyday expenses, planning a home project, or consolidating balances, Discovery FCU makes it simple to open a Visa® credit card that fits your life and your goals.
[Open a Visa Credit Card ](/credit-cards/)
### Credit Cards Made for Berks County Residents
Discovery FCU offers two Visa® credit card options, each built for convenience, flexibility, and local value.
Visit [credit cards](https://discoveryfcu.org/credit-cards/) to see full details, disclosures, and apply online.
[APPLY NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [LEARN MORE ](http://discoveryfcu.org/credit-cards)
**Here are the main benefits of each:**
Card TypeAPR (Non-Variable)FeesRewardsVisa® Platinum8.99% APR\*No annual feeCURewards® PointsVisa® Classic12.99% APR\*No annual feeCURewards® Points
### Why Berks County Members Choose Discovery FCU
At Discovery FCU, we’re more than a lender — we’re your neighbors. Our Visa® credit cards are designed to make managing your finances easier, smarter, and more local.
Enjoy all the perks that come with being part of a credit union that truly understands Berks County:
**No annual fee**
**Worldwide Visa® acceptance** and travel insurance protection
**CURewards® points:** Earn benefits while supporting local shops, restaurants, and small businesses
**Fast, local decisions:** Personal service from real people in your community who care
**Personalized credit limits** based on your full financial picture
**Easy money management:** Discovery offers convenient mobile and online banking.
##### **Keep your finances where they belong: in the heart of Berks County.**
[APPLY NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [VISIT WYOMISSING BRANCH ](https://discoveryfcu.org/resources/location-hours/)
### Credit Union Credit Cards vs. Bank Credit Cards
When you open a credit card with Discovery FCU, you’re choosing a smarter, more personal way to borrow.
**Here’s what sets our cards apart from big banks:**
**Local decisions.**
Applications are reviewed by people who live and work in Berks County — not a national call center.
**Lower rates.**
Because we’re member-owned, you’ll typically pay less in interest and fees.
**No surprises.**
Enjoy straightforward terms and no hidden charges.
**Better service.**
When you call, you’ll reach a real person who knows your community.
**Local impact.**
Your membership supports Berks County businesses, families, and community initiatives, keeping money where it matters most.
##### **Simply put: our credit cards are designed to support you, not corporate profits.**
### How to Open a Discovery FCU Credit Card in Berks County
**Applying is simple and secure.**
1. **Check eligibility.** **You can join the credit union if you:**
- live in parts of Berks, Chester, or Montgomery counties;
- have a family or household member who’s already a member;
- work for a participating employer; or
- receive a complimentary membership to our partner association. [Learn More.](https://discoveryfcu.org/connect/join/)
2. **Choose your card.** Select between Visa Classic or Visa Platinum based on your goals.
3. **Apply your way.** Submit your application online or stop by our Wyomissing branch.
4. **Activate and enjoy.** Once approved, activate your card and start earning CURewards® points with every purchase.
5. **Manage anytime.** Check balances, make payments, and track rewards through mobile or online banking.
[APPLY NOW ](https://discoveryfcu.org/credit-cards/) [VISIT WYOMISSING BRANCH ](https://discoveryfcu.org/resources/location-hours/)
### Frequently Asked Questions
[What type of credit cards does Discovery FCU offer?](#1761590682585-d3826ba7-8c4e)
We offer **Visa Classic** and **Visa Platinum** cards with low, non-variable rates, worldwide acceptance, and CURewards® points on every qualifying purchase.
[Can I transfer balances from other cards?](#1761590682612-ad1e25e7-bd86)
Yes. Balance transfers are available to help you consolidate debt and save on interest.
[Can I earn rewards with my Discovery FCU Visa?](#1761590748545-a4890824-06ff)
Absolutely! Earn CURewards® points every time you shop, travel, or dine — then redeem them for travel, merchandise, or gift cards.
[Can I manage my Discovery FCU credit card online?](#1761590766098-239bd654-4acd)
Yes. You can make payments, view balances, and track rewards through our online and mobile banking.
[How fast is approval?](#1761590783642-19c937b5-6837)
Most members receive approval within one business day, especially when applying online.
[Are there any fees?](#1761590803094-e6ef1654-c74e)
There are no annual or cash advance fees.
[Who can apply for a Discovery FCU credit card?](#1761590827894-b457ac02-96c6)
**You can join the credit union if you:**
- live in parts of Berks, Chester, or Montgomery counties;
- have a family or household member who’s already a member;
- work for a participating employer; or
- receive a complimentary membership to our partner association.
[**Learn More.**](https://discoveryfcu.org/connect/join/)
### Your Local Credit Card Partner in Berks County
**Discovery FCU is proud to serve our community** with honest, affordable financial solutions — from credit cards to loans and checking accounts.
**Join Discovery FCU today and experience what it’s like banking where you belong.**
[BECOME A MEMBER ](https://discoveryfcu.org/connect/join/) [APPLY FOR YOUR CREDIT CARD ](https://discoveryfcu.org/credit-cards/)
\*APR = Annual Percentage Rate. All loans are subject to approval. [View Account Details Here.](https://discoveryfcu.org/borrow/visa-credit-card-schumer-box/)
---
### [Required Documents for Business Membership](https://discoveryfcu.org/business-membership-required-documents/)
**Published:** July 7, 2023
**Author:** Abby Showalter
**Content:**
# Ready to open a business membership?
Here’s what you need!
**We’re thrilled that you’ve decided to bring your business to Discovery!**
Let’s get you started with a list of the documentation you’ll need to open a business membership. Then you can [make an appointment](https://discoveryfcu.coconutcalendar.com/service) at our Wyomissing Branch to get you set up.
##### **Sole Proprietorship**
- SSN of owner (Only if there are no employees)
- EIN (using EIN should have the letter from IRS assigning the business the number)\*\*not required\*\*
- Fictitious Name Certificate (must have if their full name is not in the title of the business)
##### **Partnerships**
- EIN for the Partnership- letter from IRS assigning the business the number
- Fictitious Name Certificate
- Certified Copy of the Partnership Agreement
- Business Resolution (if business owner provides one, not needed)
##### **Limited Liability Company (LLC)**
- EIN for the LLC- letter from the IRS assigning the LLC the number (if it is owned by one person a social can be used)
- Fictitious Name Certificate (if applicable)
- Operating Agreement
- Articles of Organization
- Business Resolution (if business owner provides one, not needed)
##### **Corporation**
- EIN letter from the IRS assigning the corporation a number
- Articles of Incorporation or Corporate Resolution
- Business Resolution (if business owner provides one, not needed)
- Fictitious Name Certificate (if applicable)
##### **Nonprofit Corporation**
- EIN for nonprofit letter from IRS assigning the nonprofit’s number
- Articles of Incorporation
- Business Resolution (if business owner provides one, not needed)
##### **Nonprofit/Unincorporated Associations**
- EIN for association letter from IRS assigning the assn. the number
- A copy of the By-laws, Charter or Minutes naming the officers, representatives or individuals able to conduct banking business on behalf of the association.
##### **Clubs/Non Registered Organizations**
- EIN for the sponsoring organization along with a letter from the organization stating the club/organization is authorized to use the EIN
- If there is no EIN available the individual opening the account may use their social security number.
- Minutes from a recent meeting outlining officers of the club/organization. These minutes must also contain who may conduct banking business on behalf of the club/organization.
This information is to be viewed as a guide and is subject to change at any time.
### Not a personal member yet?
[Join Discovery FCU today](https://o3-discoveryfcu.ecutechnology.com/Membership/Agreements)!
---
### [Recreational Vehicle Loans](https://discoveryfcu.org/other-vehicle-loans/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### **RV, Boat, Travel Trailer, Motorhome, ATV & Other Recreational Vehicles**
##### **Rates as low as 7.00% APR\***
Wherever your next adventure may be – on the water, in the mud, or traveling across America – Discovery FCU will help get you moving with an affordable recreational vehicle loan that fits your style.
- Terms up to 180 months\*\*\*
- Up to 100% financing\*\*
- Same rates for new and used loans
- Convenient payment methods
- Quick turnaround
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
[**View Current Rates**](/rates/)
**[Calculate Your Monthly Loan Payments](https://discoveryfcu.org/auto-loan-calculator/)**
##### **Love Your Recreational Vehicle, But Not the Payment?**
Refinance your recreational vehicle loan you have with another financial institution with Discovery FCU
- Lower your monthly payments
- Reduce your interest rate
- Save thousands over the life of the loan
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![discovery fcu recreational vehicle loans]()
### At Discovery, we think outside the box to put our members in the recreational vehicle they want.
*\*APR = Annual Percentage Rate. Your rate may be higher than the lowest advertised APR. APRs are based on your creditworthiness, term of loan, amount of loan, direct deposit to a Discovery FCU account and electronic payments from your Discovery FCU account. A sample recreational vehicle loan payment based on $10,000 at 7.00% APR and 60-month term is $198.01.*
*\*\*Financing of maximum Loan-to-Value for qualified borrowers based on credit criteria. \*\*\*Minimum amount financed for terms between 85 and 120 months is $15,000; between 121 and 180 months is $25,000. Other terms and conditions may apply.*
---
### [Lifestyle Loans](https://discoveryfcu.org/lifestyle-loans/)
**Published:** September 19, 2024
**Author:** Abby Showalter
**Content:**
### Lifestyle Personal Loans
Easy. Affordable. Life-changing.
Imagine the difference a new smile can make, waking up in the morning and not needing to put on your glasses, or expanding your family to welcome a new baby. These health-related expenses are often not covered by insurance, but Discovery FCU has you covered!
### Lifestyle Loans are for health-related expenses that insurance doesn’t cover
These loans provide the perfect solution for funding cosmetic procedures, dental work, vision correction, fertility treatments, and other essential health needs. Whether you’re looking to enhance your smile or pursue family planning, these loans empower you to take control of your healthcare expenses that aren’t covered by traditional insurance.
We’ve got you covered where insurance doesn’t. Use a Lifestyle Loan for:
- Cosmetic Procedures
- Dental Work
- Vision Correction
- Fertility Treatments
- Other Health Needs
**Benefits to taking out a Lifestyle Loan over another type of loan:**
- Lower rates than our Personal Loan rates
- Loans up to $15,000 for one or multiple procedures
- Terms up to 60 months
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
Learn more about our other personal loans [here](https://discoveryfcu.org/personal-loans/).
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
## Lifestyle Loans
Please fill this out if you would like to be contacted with more information on Lifestyle Loans. Thank you.
Name(Required) First Last
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Email Enter Email Confirm Email
Preferred method of contact(Required)PhoneEmail
Please let us know what you would like to know more about.(Required)Do not send account numbers or any other identifying information beyond name and contact number/email through this channel.
This site is protected by reCAPTCHA and the Google [Privacy Policy](https://policies.google.com/privacy) and [Terms of Service](https://policies.google.com/terms) apply.
**Not a Member?** *You must be eligible for membership in the credit union to process your loan application. You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association.* *[Learn More.](/connect/join/)*
---
### [2025 Personal Loan Special](https://discoveryfcu.org/summerfun/)
**Published:** June 19, 2025
**Author:** ironcore
**Content:**
### Enjoy More Fun, Flexibility, and Freedom This Season
Whether you’re planning the ultimate vacation, starting that long-awaited home project, or simply looking for extra breathing room in your budget,
our Personal Loan Special is here to help you make the most of the season.
##### Borrow Up to $5,000
Get the funds you need, FAST!
##### Low Rates Starting at 8.49% APR\*
Affordable financing that fits your budget.
##### Flexible Terms up to 18 Months
Repay on your schedule.
##### No Payments for the First 60 Days\*
Have now, pay later.
##### Quick, Easy Application
Apply online and get a fast decision.
[Learn More ](#form)
[Apply Now ](https://discoveryfcu.ecutechnology.com/LoansX/Selection)
### Local Lending. Personalized Decisions.
Proudly Serving Your Neighbors Since 1959
At Discovery FCU, we prioritize a tailored approach to lending. When you apply for a personal loan, you’ll work one-on-one throughout the entire process. Our team is right here in Wyomissing, making it easy to connect whenever you have questions or need assistance—whether by phone, email, or in person. Plus, every decision is made locally, ensuring a responsive and seamless experience. Get the dedicated support you deserve with a personal loan from Discovery FCU.
URLThis field is for validation purposes and should be left unchanged.
Name(Required) First Last
Phone
Email Enter Email Confirm Email
Preferred method of contact(Required)PhoneEmail
Please let us know what you would like to know more about.(Required)Do not send account numbers or any other identifying information beyond name and contact number/email through this channel.
This site is protected by reCAPTCHA and the Google [Privacy Policy](https://policies.google.com/privacy) and [Terms of Service](https://policies.google.com/terms) apply.
### Make This Season Yours
*\*APR = Annual Percentage Yield. The Personal Loan Special is only available for a limited time. The rate displayed is the lowest available rate and your rate may be higher. APRs are based on your creditworthiness, term of the loan, direct deposit to a Discovery FCU account, and automatic electronic payments from your Discovery FCU account. A sample $5,000.00 loan payment at 8.49% APR at a 18-month term is $296.82. Loan terms up to 18 months. Interest will accrue over the 60 day payment deferral. Other conditions may apply. Rates subject to change at any time.*
---
### [Personalized Banking at Discovery FCU](https://discoveryfcu.org/personalized-banking/)
**Published:** September 27, 2024
**Author:** Abby Showalter
**Content:**
### **Feel Like Your Financial Institution Isn’t Putting You First?**
If you’re not feeling valued where you are, it might be time to explore better options. At Discovery Federal Credit Union, we prioritize personalized service and make sure every member is treated with the attention they deserve. You should never have to settle for less when it comes to your financial well-being. We’re here for you.
### **Why Discovery FCU?**
- **Service That Puts You First:** Whether you [visit us ](https://discoveryfcu.org/resources/location-hours/)in person or [give us a call](https://discoveryfcu.org/connect/contact/), we listen, support, and ensure your needs are met. Your financial goals are always our top priority.
- **Convenient, Hassle-Free Banking:** With easy-to-use [online and mobile banking tools](https://discoveryfcu.org/upgrade/), plus a [vast network of ATMs and shared banking branches](https://discoveryfcu.org/resources/location-hours/) across the country, managing your finances has never been simpler.
- **A Lifetime Financial Partner:** From [checking](https://discoveryfcu.org/checking/) and [savings accounts](https://discoveryfcu.org/save/basic-savings/) to [loans](https://discoveryfcu.org/auto/) and more, we’re committed to helping you succeed at every stage of life.
[Join Today ](https://o3-discoveryfcu.ecutechnology.com/Membership)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
### **Ready for a Better Experience?**
You can join the credit union if you: live in parts of Berks, Chester, or Montgomery counties; have a family or household member who’s already a member; work for a participating employer; or receive a complimentary membership to our partner association.
- [Open a Membership Online](https://o3-discoveryfcu.ecutechnology.com/Membership)
- [See Our Hours and Location](https://discoveryfcu.org/resources/location-hours/)
- Walk-ins welcome, or [schedule an appointment](https://discoveryfcu.org/appointment/) for personalized service.
Don’t settle for being just another account. Discover what it’s like to be truly valued at Discovery Federal Credit Union.
### **Not ready to make a decision yet?**
We’d love to answer all of your questions. Please fill out this form and we’ll be in touch:
Name(Required) First Last
Phone
Email Enter Email Confirm Email
Preferred method of contact(Required)PhoneEmail
Please let us know what you would like to know more about.(Required)Do not send account numbers or any other identifying information beyond name and contact number/email through this channel.
This site is protected by reCAPTCHA and the Google [Privacy Policy](https://policies.google.com/privacy) and [Terms of Service](https://policies.google.com/terms) apply.
---
### [Join](https://discoveryfcu.org/connect/join/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Join the Discovery FCU Family Today
##### Our members save an average of $530/year just by banking with us vs. a bank.
Discovery FCU is more than just a place you bank. We’re your neighborhood credit union that puts our members first. We’re strong supporters of the credit union movement and the philosophy of people helping people. We genuinely want to help our members and provide them with the education, support, and guidance to build strong, independent financial futures.
We are dedicated to serving our members with personal attention, dedication, and professionalism during each and every interaction. And, we strive to exceed our members’ expectations through constant innovation and continuous improvement.
[JOIN ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
[LEARN MORE ABOUT US](https://discoveryfcu.org/connect/about/)
[LEARN MORE ABOUT OUR HISTORY](https://discoveryfcu.org/connect/history/)
[LEARN MORE ABOUT THE VALUE OF MEMBERSHIP](https://discoveryfcu.org/value-2/)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
###### **What is a Credit Union?**
Credit Unions are cooperative financial institutions, chartered by the state or federal government, and owned and controlled by our members. (Discovery is chartered by the federal government) We are not-for-profit organizations, created to provide our members with financial services at reasonable rates. This is important because this unique way of doing business allows us to put our members’ needs first.
That’s the Credit Union Difference. **We answer to our members, not investors.** All members, all the time.
### The Credit Union Difference
Below are the many ways credit unions are different from banks. Join the Discovery FCU family today to start reaping the benefits of credit unions.
##### CREDIT UNIONS
- At credit unions, our members are our owners. We answer to our members, not investors, and each member has an equal part ownership.
- Each member of a credit union, regardless of how much money they have on deposit, has one vote in electing board members. Members can also seek election to the board.
- You can find and use a fee-free ATM or credit union branch in more locations than any one bank. Credit Unions work together in a network cooperative, or CO-OP.
- Credit unions are not-for-profit financial cooperatives that pay their members back with higher savings rates and lower loan rates.
- In the entire history of U.S. credit unions, taxpayer funds have never been used to bail out a credit union.
- Credit union deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA), a branch of the federal government, which is backed by the “full faith and credit” of the U.S. government.
##### BANKS
- A bank is owned by investors or shareholders, their goal is to earn a profit. Customers have no ownership of the institution.
- Shareholders nominate and vote for a bank’s board members. The more shares an investor has, the more influence they have on the vote. Customers have no vote for the board.
- Banks charge extra fees for non-customers and do not share resources. Customers are limited to one institution’s branch locations and ATMs to avoid fees.
- Banks are corporations whose main goal is making a profit. A bank’s declared earnings are paid to their stockholders only.
- Taxpayer dollars have been used to “bail out” banks in recent years as well as past decades in the U.S.
- Bank deposit accounts are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC), a branch of the federal government, which is backed by the “full faith and credit” of the U.S. government
![]()
###### **Why Choose Discovery FCU?**
At Discovery FCU, we’re dedicated to making the experience of banking 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 community, our families and everyone we come in contact with. And, this dedication shines through in everything we do. [Learn More About Us.](https://discoveryfcu.org/connect/about/)
**Banking that meets you where you are.**
At Discovery FCU, we’re here to make your financial journey easier, with a friendly team, personalized service, and flexible ways to join. We believe everyone deserves access to better banking, no matter where they’re starting from.
**How can you qualify?**
• Live in parts of Berks, Chester, or Montgomery counties
• Have an immediate family member or household member who already belongs to the credit union
• Work for a participating employer
• Receive a complimentary membership to our partner organization, the Community Impact Fund (CIF)
**We’re excited to welcome you. Apply today! Let’s build your future together.**
[JOIN ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
---
### [Opportunity Plus Checking](https://discoveryfcu.org/opportunity-plus-checking/)
**Published:** November 6, 2024
**Author:** Abby Showalter
**Content:**
## Opportunity Plus Checking
A Fresh Start for Your Financial Future
***Designed to help you rebuild your financial stability with flexible account features* *and support along the way.***
At Discovery FCU, we believe everyone deserves a second chance to manage their finances confidently. Our Opportunity Plus Checking account is built for members who may have experienced financial setbacks, offering you a reliable way to rebuild your checking account history and achieve financial freedom.
**Easy to use, transparent features:**
- **Second-Chance Banking:** Ideal for those who need a fresh start with a low-maintenance checking account. This account is available to members and non-members. Your history will have to show no more than one non-fraud charge-off from another financial institution that is $500 or less.
- **No Courtesy Pay or ATM/One-Time Debit Access:** Opportunity Plus is straightforward and helps you stay on top of your account balance without unexpected overdrafts.
- **GreenPath Financial Education:** Earn a $25\* deposit when you complete the GreenPath CheckRight course\*\* to improve your checking account management skills.
- **Low Monthly Fee:** You will be responsible for a monthly fee of $10.
- **Ability to Upgrade Account:** Maintaining the account responsibly for one year will allow you to open a regular checking account without a monthly fee. You must initiate this change, so we recommend setting a reminder in your calendar.
### Ready to Start your Financial Recovery Journey?
Opportunity Plus Checking is more than an account—it’s a resource to help you regain financial control. With transparent guidelines and supportive features, Discovery FCU is committed to helping you reach financial stability.
### **Trusting us with the first step in your new financial journey means a lot. That’s why we prefer to get started with a conversation.**
You aren’t going through this alone. We’re here to help every step of the way, starting today.
**Open your Opportunity Plus Checking Today:**
**Visit our Branch:** Meet our team at 2744 Century Blvd., Wyomissing, PA, or call us at 610.372.8010 for a quick and easy account setup.
**Apply Online:** Click [here](https://o3-discoveryfcu.ecutechnology.com/Membership) and choose the regular checking account option. We will contact you about next steps.
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
*To qualify, applicants must be 18 or older and maintain $5.00 in Basic Savings. They must also be eligible for credit union membership.*
*\*Only 1 deposit per account/member. Member will receive a $25 deposit to their checking account within 5 business day of certificate presentment. Deposit is considered dividends and will be reported on IRS Form 1099-INT.*
*\*\*Website: https://greenpathpartner.learnuponus.com Member must register for an account and complete CheckRight: Checking Account Management & Chexsystems online course.*
***Additional Qualifications***
- *Applicant must not be eligible for a basic or dividend checking account.*
- *Applicant and any joint owners must maintain a minimum of $5.00 in Basic Savings in Discovery Federal Credit Union.*
- *Applicant must be 18 years or older to qualify.*
- *Current members qualify if their account has been charged off and paid.*
- *Applicant must sign the Opportunity Plus Addendum.*
---
### [Change Effective July first 2025](https://discoveryfcu.org/change-effective-july-first-2025/)
**Published:** June 30, 2025
**Author:** Abby Showalter
**Content:**
**Important Regulation CC (Availability of Funds and Collection of Checks) Changes Effective July 1, 2025**
In accordance with **12 CFR 229, Availability of Funds and Collection of Checks (Regulation CC)**, we are updating our Funds Availability Policy effective **July 1, 2025**. These changes impact when deposited funds will be available for withdrawal – increasing the amount made available to you for certain items presented for deposit.
**Key Changes to Funds Availability**
- The **first $275** (previously $225) of a check deposit will generally be available no later than the first business day after the day of deposit.
- The threshold for large check deposits subject to extended holds has increased to **$6,725** (previously $5,525).
- For new accounts, the amount of deposits available made by cashier’s, certified, teller’s, traveler’s, and federal, state, and local government checks by the first business day has increased to **$6,725** (previously $5,525). See our Funds Availability Disclosure for special rules for new accounts.
These updates align with adjustments mandated by Regulation CC. **Our general policy remains the same**—most deposits will continue to be available on the first business day after of deposit. However, certain check deposits may be delayed for a longer period under the following circumstances:
- We believe a check you deposited will not be paid
- You deposit checks totaling more than $6,725 on any one (1) day
- You redeposit a check that has been returned unpaid
- You have overdrawn your account repeatedly in the last six (6) months
- There is an emergency, such as failure of computer or communications equipment.
**For more details, you can read our full [Membership Account Agreement](https://discoveryfcu.org/wp-content/uploads/2025/06/Discovery-FCU-Membership-Disclosures-and-Agreement-07_2025.pdf).**
---
### [Member Value](https://discoveryfcu.org/value/)
**Published:** May 8, 2020
**Author:** Marketing
**Content:**
# Discovery FCU Members Save on Average $530/year Just by Banking with Us!
### **$4,225,854 million** reasons why Discovery FCU membership is the **smart choice**.
Collectively, our members saved over 4 million dollars just by banking at Discovery FCU instead of a bank last year. Credit union membership really does benefit you.
- Discovery helps you make the most of your money!
- Our members save money just by using our products and services.
- More Products = More Savings!
- Start saving today, join Discovery FCU.
[JOIN ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![Home Equity Loans and COVID-19]()
### Home Equity Loans
Members saved an estimated $1,192 over the past year.
[Tap into your home's equity](https://discoveryfcu.org/home-equity-may-2024/)
![discovery fcu money market account]()
### Money Market
$280 in estimated savings over the past year.
[Unlock Better Returns](https://discoveryfcu.org/save/money-market/)
![family with grandparents and small baby]()
### Certificates
$1,562 in estimated savings over the past year.
[Maximize Your Savings](https://discoveryfcu.org/save/share-ira-certificates/)
![]()
### Vehicle Loans
$322 in estimated savings over the past year.
[Drive Away with a Great Rate](https://discoveryfcu.org/auto/)
![better card management]()
### Credit Cards
$280 in estimated savings over the past year.
[Credit Cards for Every Need](https://discoveryfcu.org/credit-cards/)
#### We have over
## 65 years
## of experience
###  4.2
##### Million Saved
###  8,000 +
##### Happy Members
###  50,000 +
##### Surcharge-free ATM’s
### Average Savings per Product
Below is what our market research showed our members saved per product last year by choosing to bank with Discovery FCU vs. a local bank.
[](https://discoveryfcu.org/borrow/home-equity/)
### **Home Equity Loans**
Estimated savings this year:
### **$1,192**
[](https://discoveryfcu.org/credit-cards/)
### **Credit Cards**
Estimated savings this year:
### **$280**
[](https://discoveryfcu.org/borrow/auto/)
### **Vehicle Loans**
Estimated savings this year:
### **$322**
[](https://discoveryfcu.org/checking/)
### **Checking**
Estimated savings this year:
### **$107**
[](https://discoveryfcu.org/save/share-ira-certificates/)
### **Certificates**
Estimated savings this year:
### **$1,562**
[](https://discoveryfcu.org/save/money-market/)
### **Money Market Accounts**
Estimated savings this year:
### **$467**
[Learn More About Us](https://discoveryfcu.org/connect/about/)
## MORE PRODUCTS = MORE SAVINGS
###
Average Savings by Account Type
On average, Discovery members saved $530 each last year just by having their accounts with Discovery versus a leading bank.
**The more you have with us, the more you save**
Our market research demonstrates that the easiest way to save more is to do more with us. We know that the deeper our financial relationship is with you, the more you save. Members with one Discovery account saved an average of $40 annually, whereas members with seven accounts saved an average of $2,648.
**The Membership advantage**
Unlike a bank, we’re a not-for-profit, member-owned cooperative dedicated to the financial well-being of our members. Whether your financial goals include a new home, a car, a dream vacation, or a secure retirement, Discovery is here to help. Plus, you get the exceptional service and genuine care you deserve. Become a member today and start saving. [Learn more about us.](https://discoveryfcu.org/connect/about/)
[JOIN ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
### **There is Value in Membership**
Start saving more today! Follow the **steps below** to maximize your membership benefits.
## Steps to Saving
[](https://discoveryfcu.org/connect/join/)
##### Data
**Where did you get the data?**
We partnered with Curinos, to conduct this research. We compared market rates using financial data from 4/4/2025. Although the information Curinos provided us has been obtained from banks themselves, neither Discovery nor Curinos can guarantee absolute accuracy as rates can change without notice.
---
### [Home](https://discoveryfcu.org/home/)
**Published:** January 24, 2019
**Author:** ironcore
**Content:**
# Free Ice Cream & More!
Fun and free events all summer, plus a donation drive for Friend, Inc.
[LEARN MORE ](/cool-and-kind-summer/)
# Your New Credit Cards are Here!
##### It is time to activate your New Discovery FCU Visa Credit Card
[LEARN MORE ](https://discoveryfcu.org/visa-credit-card-changes-2022/)
## You get MORE with Discovery FCU
![weekend getaways in Pennsylvania]()
### Loan Special
#### Amazing Rates on Summer Fun Personal Loans
[Learn More](https://discoveryfcu.org/personal-loans/)
![Computer and cell phone locked]()
### Protect yourself
#### From Financial Fraud and Scams
[Learn More](https://discoveryfcu.org/financial-fraud-education/)
![]()
### Student Loans
#### Private lending options to make college dreams reality
[Learn More](https://discoveryfcu.org/student-loans/)
![Family in car with hands up]()
### Auto Loans
#### New lower rates: used same as new, 2016+
[Learn More](https://discoveryfcu.org/auto/)
![house car and family under hands]()
### TruStage Insurance
#### Get a free auto or homeowners insurance quote
[Learn More](https://discoveryfcu.org/trustage-insurance/)
![]() ## Join the Discovery FCU Family Today
##### Our members save an average of $530/year just by banking with us vs. a bank.
Discovery FCU is more than just a place you bank. We’re your neighborhood credit union that puts our members first. We’re strong supporters of the credit union movement and the philosophy of people helping people. We genuinely want to help our members and provide them with the education, support, and guidance to build strong, independent financial futures.
We are dedicated to serving our members with personal attention, dedication, and professionalism during each and every interaction. And, we strive to exceed our members’ expectations through constant innovation and continuous improvement.
[BECOME A MEMBER ](https://o3-discoveryfcu.ecutechnology.com/Membership)
## Loans
With more choices, better rates and fewer fees, Discovery’s loan programs and credit cards allow you to dream bigger. Whether you’re buying a car, remodeling your home, financing a college education, or purchasing something special – Discovery can help.
![]() Auto Loans
Auto Loans
When you’re ready to buy a new or pre-owned vehicle, your best financing deal starts here.
[Learn More](/borrow/auto/)
![]() Credit Cards
Credit Cards
Our Visa® Credit Cards have no annual fee, no balance transfer fee, and low competitive rates. Get started now!
[Learn More](/borrow/credit-cards/)
![]() Personal Loans
Personal Loans
We offer Personal Loans up to $40,000 that feature a low fixed interest rate. Why pay more anywhere else?
[Learn More](/borrow/personal-loans/)
![]() Other Vehicle Loans
Other Vehicle Loans
Let a Discovery Other Vehicle Loan finance your outdoor fun! Chances are if you can ride it, we can finance it!
[Learn More](/borrow/other-vehicle-loans/)
![]() Home Equity Loans
Home Equity Loans
Our Home Equity Loans and HELOCs can provide you with the money you need to accomplish more!
[Learn More](/borrow/home-equity/)
![]() Home Mortgages
Home Mortgages
It’s a great time to buy. Get started with our easy application and low rates. We are here to guide you every step of the way.
[Learn More](/borrow/residential-first-mortgage/)
![]() Student Loans
Student Loans
Whether you’re planning on college, trade school or certification, getting started is easy. Visit our online student loan center today!
[Learn More](/borrow/student-loans/)
![]() Business Loans
Business Loans
When you need a business loan we offer personalized service with quick, local loan reviews and approvals. Let’s talk!
[Learn More](/borrow/business-loans/)
## News From Discovery FCU
[See All News ](/news)
[ ![Michael Byrne]() News
Welcome Michael Byrne
June 25, 2026
](https://discoveryfcu.org/news/welcome-michael-byrne/)
[ ![Man seated at a kitchen table reads a document with a worried expression while a woman leans over from his side, holding a mug and offering support.]() Products & Services
The Dangers of a “Quick Fix” Financial Solution
](https://discoveryfcu.org/news/the-dangers-of-a-quick-fix/)
[ ![American flag with stars and fireworks]() News
Celebrating America’s 250th Birthday
](https://discoveryfcu.org/news/celebrating-americas-250th-birthday/)
[ ![Beagle on a leash looking up at the camera in a meadow with daisies and small yellow flowers.]() Active in our Community
Meet Your New Best Friend at Discovery FCU
](https://discoveryfcu.org/news/mostlymuttzadoption/)
[ ![Adult with disability baking with family]() Active in our Community
Purchase Sun Tributes To Benefit ProBerco
](https://discoveryfcu.org/news/sun-tributes-to-support-proberco/)
## Quick Links
[ Pay Consumer Loan](https://discoveryfcu.lenderpayments.com/)
[ Pay Mortgage](https://www.webpmt.com/cgi-bin/customers/clogin.pl)
[ Pay Student Loan](https://www.studentchoiceconnect.com/)
[ Get Business Loan Info](https://portal.mycubusinessloan.org/)
[ Skip Loan Payment](https://discoveryfcu.org/borrow/skip-payment/)
---
### [Estate Planning](https://discoveryfcu.org/estate-planning/)
**Published:** August 15, 2024
**Author:** Abby Showalter
**Content:**
### **Secure your family’s future with an estate plan.**
**Get 20% off an estate plan.**
We partnered with Trust & Will to provide members with an easy and affordable way to create an estate plan online. Trust & Will is the leader in online estate planning and has helped over half a million families secure their legacies. Together, we’re on a mission to help families protect their legacy and give their families peace of mind.
[Get Started ](http://links.lovemycreditunion.org/client/love_my_cu/banner/?bid=6560&campid=103&clientid=12935&sid=1)
**Benefits of Trust & Will**
- **Affordable services:** Members save 20% off any estate plan and get the first shipment of documents for free.
- **Expert support**: Their team of experts is available to help if you have any questions along the way.
- **Easy and convenient**: Simple, step-by-step instructions to complete your will or trust online in as little as 30 minutes.
- **Built by attorneys, customized by you**: State-specific, legally-valid documents that are customizable to meet your family’s needs.
[Get Started ](http://links.lovemycreditunion.org/client/love_my_cu/banner/?bid=6560&campid=103&clientid=12935&sid=1)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
## **All of your estate planning needs in one place.**
**Will-Based Estate Plan**
$199 | $159.20 | 20% OFF
This outlines how you want your dependents, financial assets, and medical concerns to be taken care of.
- Nominate trusted guardians for children and pets
- Determine how assets will be distributed
- Designate healthcare agents and specify what happens in a medical emergency
**[Create Your Will](http://links.lovemycreditunion.org/client/love_my_cu/banner/?bid=6560&campid=103&clientid=12935&sid=1)**
**Trust-Based Estate Plan**
$499 | $399.20 | 20% OFF
This includes all the features of a Will and more.
- Add conditions to how assets will be distributed
- Create a revocable living trust
- Avoid probate court
[**Create Your Trust**](http://links.lovemycreditunion.org/client/love_my_cu/banner/?bid=6560&campid=103&clientid=12935&sid=1)
## **Frequently Asked Questions**
What is the difference between a Will and a Trust?**
Wills and Trusts have a lot of overlap, but also a lot of differences.
Wills are simpler documents that let you name guardians for kids and pets, designate where assets go, and specify final arrangements. The simplicity of a Will does come with some drawbacks: a Will offers more limited control over the distribution of assets and often must go through a probate process after death.
Like a Will, a Trust also controls the disposition of assets but provides greater control over when and how your assets are distributed. Trusts only apply to assets held in the Trust, so you will need to transfer assets to the Trust. This makes a Trust a little more complex to set up, but it brings a major benefit. Trusts are also often used to minimize or avoid probate entirely, which can be a huge draw for many and justifies the additional work upfront needed to create a Trust.
Both are ways to say who will receive your assets – Each has different ways of distributing those assets, as well as different advantages and disadvantages.
You can learn more about Trusts and Wills [here](http://links.lovemycreditunion.org/client/love_my_cu/banner/?bid=6560&campid=103&clientid=12935&sid=1)!
**How long will it take to complete a Will or Trust?**
Most people complete a Will in 15 minutes, and a Trust in about 20 minutes. All your answers are saved as you go, so feel free to pause and come back to pick up where you left off at any time!
**Is Trust & Will a law firm?**
We are not a law firm, and we are not a substitute for a lawyer or a law firm. We cannot give legal advice, guidance, or services. No attorney-client relationship is formed by any interactions with us and information provided to us is not protected by the attorney-client privilege.
**Is an online estate plan right for everyone?**
Yes! Online Estate Planning offers the same level of validity and function as its traditional counterpart, with added advantages (such as affordability and accessibility). By leveraging advanced technology alongside exceptional customer support, their services ensure a smooth experience from start to finish, simplifying estate planning for everyone. Trust & Will is the trusted estate planning partner of 100+ financial institutions across the US.
**Disclaimer:**
Trust & Will is offering 20% off the initial purchase of an estate plan. No promo code is required; the discount is automatically applied at checkout to the initial purchase of a Will or Trust-based estate plan. Subsequent upgrades aren’t eligible for a discount.
---
### [Checking Accounts](https://discoveryfcu.org/checking/)
**Published:** February 7, 2019
**Author:** ironcore
**Content:**
## FREE Checking
No minimum balance requirement and no monthly maintenance fees.
It’s truly FREE CHECKING!
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)
## Dividend Checking
Earn dividends on balances of $1,000 or more.
*A minimum balance of $1,000 is required.\**
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)
## Opportunity Plus Checking
This special product is designed for people who need help to rebuild their financial stability with flexible account features and support along the way.
Eligible individuals will have an account history showing no more than one non-fraud charge-off from another financial institution that is $500 or less.
[Learn more here. ](https://discoveryfcu.org/opportunity-plus-checking/)
### Enjoy Local Banking with Nationwide Convenience
Whether you’re in your backyard or across the nation, you can easily access your Discovery FCU account.
**Access your account at 5,000 branches nationwide**
Discovery FCU participates in a shared branching network of credit unions allowing you to deposit checks or cash to your Discovery account, withdraw cash, transfer funds, and make your Discovery loan payment at other participating credit union branches nationwide. [Click here to learn how to use the shared branching network](https://discoveryfcu.org/connect/shared-branching/) or to [locate the closest shared branch near you](https://co-opcreditunions.org/locator/).
**Get Quick Access to your Cash at more than 55,000 Surcharge-Free ATMs Worldwide**
Discovery is part of the Allpoint Network and CU$ Alliance, bringing you more than 55,000 surcharge-free ATMs worldwide. Just look for the Allpoint or CU$ logos on any ATM and access your money surcharge-free. [Locate Allpoint surcharge-free ATMs near you now.](https://www.allpointnetwork.com/locator.aspx) [Click here for a list of CU$ ATM locations.](http://www.cudollar.org)
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### Take Control of Your Financial Life with Discovery FCU’s Digital Banking
- **Block** and **unblock** your debit card
- **Deposit checks** with your mobile device
- Make **transfers to family and friends** with accounts at Discovery FCU or at another credit union or bank
- Make **transfers** to or from **your accounts** you have **elsewhere**
- Tap to call Discovery FCU member service
- **Pay** your **bills**
- Get account **alerts**
- And more!
##### **[](https://apps.apple.com/us/app/discovery-fcu-mobile/id964932172) [](https://play.google.com/store/apps/details?id=com.bankjoyapp.discovery)**
### Free Checking and Dividend Checking Benefits
Handy, convenient, and safe, that’s where we start. Discovery FCU checking account benefits include:
- Online Banking – 24/7 services via desktop, laptop, tablet, or phone
- Mobile Banking – includes mobile check deposits
- Visa Debit Card – Block and unblock your card, monitor card usage, and receive alerts with our mobile banking app
- Free Online Bill Pay – Keep your bills paid when you’re on the go
- Convenient Access – Get cash or make deposits at any one of 55,000 surcharge-free ATMs worldwide or visit any of 5,000 credit union shared branches nationwide.
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
*Members must be 13 years of age or older to open a checking account. Primary account owners between the ages of 13 to 17 years of age MUST have an adult (person 18 years of age or older) listed as a joint owner on the account to open a checking account.*
**\*Dividend Checking Below Minimum Balance Fee – $4.95/Month**
Dividend Checking minimum balance is $1,000.00.
---
### [Visa Check Card](https://discoveryfcu.org/visa-check-card/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Access Your Money When You Need It
All Discovery FCU checking accounts offer a free Visa Check Card.
- No annual fee
- Free transactions at more than 55,000 ATMs through the Allpoint and CU$ Networks
- Instant issue cards available in branch
- Use your Discovery FCU Check Card with virtual wallets ApplePay®, GooglePayTM, and Samsung Pay®
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![discovery fcu visa check card]()
### Pay Safe & Fast with Virtual Wallets
All Discovery FCU Debit & Credit cards work with [Apple Pay®](https://discoveryfcu.org/apple-pay/) and Samsung Pay®.
[Download the Discovery FCU Cards App ](https://discoveryfcu.org/discovery-fcu-cards-app/)
[](https://apps.apple.com/us/app/discovery-fcu-cards/id6444013009)
[](https://play.google.com/store/apps/details?id=org.discoveryfcu.cardservices.appstore)
*Discovery FCU Visa Check Card terms and conditions:*
- Individual Visa credit amounts are provided on a provisional basis. Discovery Federal Credit Union may withhold, delay, limit or rescind your credit amount based on factors such as your account standing history, gross negligence, fraud, delay in reporting unauthorized use, investigation and verification of a claim
- Certain additional restrictions and limitations may apply
- Visa Zero Liability Policy covers only U.S.-issued Visa Debit & Check cards and does not apply to ATM or PIN transactions not processed by Visa
---
### [Save](https://discoveryfcu.org/save/)
**Published:** January 25, 2019
**Author:** ironcore
**Content:**
### **Create a Secure Financial Future!**
Discovery savings plans make it easy to put money aside and earn interest. Your savings are insured up to $250,000 by the National Credit Union Association (NCUA). Whether you are saving to buy a big item, save for school tuition and supplies or build a nest egg, Discovery has a savings plan perfectly suited to your goals.
- Savings accounts for beginners and experienced savers
- Custom savings accounts with no minimum balance required
- Competitive saving rates and dividends
- Free direct deposit, payroll deductions and account transfers into any savings account (certificates excluded)
- Free 24/7 account access via Discovery FCU online, by phone or Discovery Visa check card
- Free e-statements
**Money Market Savings**
Safely build your credit union savings account at competitive rates while maintaining convenient access to your money.
S**hare Certificates**
With a Share Certificate, you invest your money at competitive rates and terms for a specific period of time, from six to 60 months.
**Individual Retirement Accounts**
Discovery offers Traditional and Roth IRAs to help you save for retirement. Both types of IRAs are available as certificates with terms from six to 60 months.
[**View Current Savings Rates**](https://discoveryfcu.org/rates/#savings)
[Open a Savings Account ](https://o3-discoveryfcu.ecutechnology.com/Membership)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![credit union savings account]()
### **Save today for a brighter tomorrow.**
---
### [Money Market Savings](https://discoveryfcu.org/save/money-market/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Flexible, Easy Access to Your Funds
Grow your money faster with a Money Market Account at Discovery FCU.
- No monthly fees with a balance over $2,500
- Earn competitive dividends with a balance over $2,500
- Unlimited in-person transactions
- The more you save the more you earn with tiered dividend rates
[**VIEW CURRENT SAVINGS RATES**](https://discoveryfcu.org/rates/)
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![discovery fcu money market account]()
### **Discovery FCU has better savings rates than most banks.**
---
### [Youth Account](https://discoveryfcu.org/save/youth-account/)
**Published:** February 18, 2020
**Author:** ironcore
**Content:**
### Encourage Children to Start Saving Early
Encourage your children to start saving money at an early age by introducing them to Discovery FCU. A youth savings account establishes your child’s membership with the credit union and builds good savings habits for their future.
- Start learning good savings habits early.
- No monthly service fees.
- Joint ownership for parents, grandparents, or guardians.
- Members age 13 and over can open a checking account if they have a joint owner on the account that is age 18 or over.
##### Report Card Rewards
Get rewarded for good grades at Discovery FCU. Members of any age can earn $1.00 for every ‘A’ grade (or equivalent) on their report card. Members can earn a maximum of $5.00 per quarter, which is deposited into their basic savings (S1) account. To redeem your Discovery Report Card Rewards, simply bring your current report card to the credit union and reap the benefits of good grades.
**Open a Discovery FCU Youth Account Today!**
[OPEN AN ACCOUNT ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![youth savings account]()
### **It’s smart to start saving early at Discovery FCU.**
---
### [Basic Savings](https://discoveryfcu.org/save/basic-savings/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Savings accounts made simple.
There’s no time like the present to start saving. Whether it’s for a dream vacation, a new car or a brand new kitchen, we’re here to help you achieve your dreams.
**Basic Savings Account**
This is where your dreams can start and establishes membership with Discovery FCU.
- With only $5 you establish your membership and become eligible for all of the benefits of Discovery FCU
- Minimum balance of $5
- At least one transaction needs to be made to the account at least once every twelve months to avoid a monthly inactivity fee
**Custom Savings Account**
Make your savings personal. Name your Discovery FCU custom savings account whatever you like, such as New Car Fund, College Tuition, New Kitchen.
- Open your account anytime, no minimum deposit or balance to get started.
- No monthly service fees
- A little grows a long way
[APPLY ONLINE NOW ](https://o3-discoveryfcu.ecutechnology.com/Membership) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Saving is about building towards something that matters. Maybe it’s a dream vacation or a brand new car. Whatever it is, we’re here to help you achieve that dream.**
---
### [You Are More Than Your Bank Account](https://discoveryfcu.org/benefits-of-a-credit-union-membership/)
**Published:** July 3, 2023
**Author:** ironcore
**Content:**
## **You Are More Than Your Bank Account**
### We Are More Than A Bank
[JOIN TODAY ](https://o3-discoveryfcu.ecutechnology.com/Membership)
### We Put You First!
With super convenient mobile and online services, you can have full access and control over your money without sacrificing the personalized customer service you expect from your community credit union.
Quickly manage your credit cards, bill pay, transfers, and more with reliable security controls and fraud protection.
With so many features available anytime and anywhere, you have more time for everything that matters most to you!
[JOIN ONLINE ](https://o3-discoveryfcu.ecutechnology.com/Membership)
#### “Best customer services in the area. I have been a member for over 50 years!” – Rosemarie S.
### You are going to Love Us!
And we love you! We’ll take care of you as an individual while also supporting your local community.
When you bank with Discovery Federal Credit Union, your money is put right back into the community where we all live and work, helping our local economy and neighbors thrive.
We proudly volunteer and donate to many local charities, giving you the opportunity to support the organizations that you care about.
Discovery FCU regularly sponsors [Financial Reality Fairs](https://discoveryfcu.org/news/students-benefit-from-berks-county-financial-reality-fairs/) and offers free online financial literacy classes to Berks County schools.
By investing with us, you are investing in the area that matters most to you, your friends, and your family.
[BECOME A MEMBER ](https://o3-discoveryfcu.ecutechnology.com/Membership)
#### “I got my own account when I was a sophomore in high school…From day one, I have experienced some of the greatest customer service. The employees are always friendly and willing to help…” – Karly R.
### Get More Out of Your Credit Union Membership!
At Discovery FCU, you are more than a customer. You are a member, which makes you a shareholder. There are no rich men in flashy suits making money off of your investments. There is only you and this community.
[BECOME A MEMBER ](https://o3-discoveryfcu.ecutechnology.com/Membership)
### Benefits of a Credit Union Membership:
#### People Helping People
Discovery FCU offers all of the financial services you expect both online, over the phone when you talk to a real person, and in our Wyomissing, Berks County branch:
- Personal & Business Checking
- Overdraft Protection
- Visa Debit & Credit Cards
- Money Market Accounts
- IRAs
- Personal & Business Savings
- Personal & Business Loans
- Mortgages, Home Equity Loans, and HELOCs
- Auto & RV Loans + Refinancing
- Student Loans
- ….And More!
There are so many benefits to banking with Discovery Federal Credit Union. We truly want to help you achieve your lifetime goals and ambitions and lead a fulfilling, financially-independent life, with total control over your money.
Come, make the most of your money with us.
[JOIN DISCOVERY FCU TODAY! ](https://o3-discoveryfcu.ecutechnology.com/Membership)
#### “Everyone who I have ever interacted with at Discovery has been very courteous, professional, and extremely helpful!” – Will B.
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
*\*Federally insured by the NCUA.*
---
### [Discovery FCU Cards Mobile Application Privacy Policy](https://discoveryfcu.org/discovery-fcu-cards-mobile-app-privacy-policy/)
**Published:** April 11, 2024
**Author:** Abby Showalter
**Content:**
**Discovery FCU Cards Mobile Application Privacy Policy**
**OUR ONLINE PRIVACY PRACTICES**
Keeping financial and personal information secure is one of our most important responsibilities. Discovery FCU is committed to protecting the information of our members and other visitors who use our website. We value your trust and handle all personal information with care. As with information we collect through other means, we use the information you provide online to respond to your needs, service your accounts, and provide you with information about other services.
**SECURE TRANSMISSIONS**
To ensure information remains confidential, Discovery FCU uses encryption technology such as Secure Socket Layer (SSL) to protect information you enter and submit from our website.
**EMAIL SECURITY**
Regular Internet email is not secure. You should never provide information that is sensitive or confidential such as your social security number, account number or PIN numbers. We also ask that you do not send personal or account Information through regular email.
**COOKIES**
Cookies are pieces of information stored directly on the device you are using. Cookies we use do not contain or capture unencrypted Personal Information. Cookies allow us to collect information such as browser type, time spent on the site, pages visited, language preferences, and your relationship with us. We use the information for security purposes, to facilitate navigation, to display information more effectively, to personalize/tailor your experience while engaging with us, and to recognize your device to allow your use of our online products and services. We collect statistical information about the usage of the site in order to continually improve the design and functionality, to monitor responses to our advertisements and content, to understand how account holders and visitors use the site and to assist us with resolving questions regarding the site. We also utilize cookies for advertising purposes. Tracking technologies also used are beacons, tags, pixels, and scripts to collect and track information and to improve and analyze our website.
**LINKING TO OTHER SITES**
To provide you with easy access to information, Discovery FCU may provide links to other websites such as mortgage companies, insurance companies, government agencies. These links are provided as a convenience to our members. We do not guarantee or endorse any of the content in these links, and Discovery FCU does not represent either the third party or the member if the two enter into a transaction. The privacy and security policies on these linked websites may differ from those practiced by Discovery FCU. We encourage you to read the privacy policies of all websites you visit, especially before providing any personal non-public information.
**GOOGLE ANALYTICS**
Many websites and apps use Google services to improve their content. When they integrate Google services, these sites and apps share information with Google. We use Google Analytics to better understand how users are visiting and using our sites. Google Analytics collects information such as how often users visit this site, what pages they visit when they do so, and what other sites they used prior to coming to this site. Google Analytics collects the IP address assigned to you on the date you visit this site, rather than your name or other identifying information. We do not combine the information collected through the use of Google Analytics with personally identifiable information. Although Google Analytics plants a cookie on your web browser to identify you as a unique user the next time you visit this site, the cookie cannot be used by anyone but Google. You may review further information about how Google Analytics collects and processes data and how to control the information sent to Google at “How Google uses information from sites or apps that use our services” at [google.com/policies/privacy/partners/](https://google.com/policies/privacy/partners/).
**PRIVACY POLICY**
To learn what Discovery FCU does with your personal information please view our [Privacy Notice](https://discoveryfcu.org/privacy-policy/) or contact us by mail, phone, or email.
Discovery Federal Credit Union
2744 Century Blvd.
Wyomissing, PA 19610
610.372.8010
---
### [Financial Wellness](https://discoveryfcu.org/financial-wellness/)
**Published:** September 20, 2019
**Author:** ironcore
**Content:**
### GreenPath Financial Wellness
GreenPath is a non-profit credit counseling agency that offers money management and education services. Since 1961, their counselors have been helping people achieve their financial goals through comprehensive financial counseling and exceptional service. Discovery FCU partners with GreenPath to provide our members access to free money management and financial education services.
[Connect to GreenPath Now ](http://www.greenpath.com/discovery)**Free Financial Counseling**
A GreenPath counselor will thoroughly review your current financial situation and develop a comprehensive budget and action plan. The counselors will also teach money management skills, including ideas to increase income and ways to reduce expenses.
**Debt Management Plan**
Members who are having difficulty paying bills or staying current on credit card payments may sign up for this service. A GreenPath counselor will help prioritize payments, negotiate payment amounts, and set up payment schedules with creditors. There is a fee for a Debt Management Plan (DMP) and the counselor will thoroughly explain all options and applicable fees.
**Housing Counseling**
GreenPath is approved by the U.S. Department of Housing and Urban Development (HUD) to provide housing counseling services. GreenPath counselors educate first-time homebuyers, provide reverse mortgage and home equity loan counseling, and counsel consumers on foreclosure prevention.
**Credit Report Review**
A credit report review helps individuals evaluate their credit report, learn how to dispute inaccurate information, and understand all aspects of credit scoring.
**Student Loan Debt Counseling**
GreenPath can help individuals make smart borrowing decisions and plan ahead to prepare a repayment strategy. Those who are having trouble paying their student loans can review their situation and evaluate their options with a counselor.
**GreenPath University**
GreenPath University is a comprehensive and interactive online educational resource. Members have access to e-courses, videos, games, worksheets, and both live and recorded webinars. Members can learn about personal finance topics including budgeting, debt management, credit scores, home buying, and many other things.
![]()
### To connect with a GreenPath Financial Wellness Counselor to get started, call [1-877-337-3399](tel:18773373399).
Hours of operation are (EST)
- Monday – Thursday 8:00 am – 10:00 pm
- Friday 8:00 am – 7:00 pm
- Saturday 9:00 am – 6:00 pm.
### Take Control of Your Money
Discovery FCU has partnered with Banzai to bring you clear, in-depth lessons that help you dive into the financial topics you care most about
[Learn More ](https://discovery.banzai.org/wellness)**Learning to Budget**
Budgeting isn’t about restriction, it’s about prioritizing. The best way to avoid financial strain is to know where your money is going and plan ahead!
[Learn More ](https://discovery.banzai.org/wellness/collections/learning-to-budget)**Building Credit**
It takes credit to get credit, and credit is crucial to buying a new home, finding a place to rent, or purchasing a new car. You have to start somewhere, start here.
[Learn More ](https://discovery.banzai.org/wellness/collections/building-credit)**Planning for an Emergency**
It’s impossible to predict a car breaking down or losing a job, but it’s absolutely possible to prepare for the financial blow. Emergencies happen, make sure you’re prepared.
[Learn More ](https://discovery.banzai.org/wellness/collections/planning-for-an-emergency)
## 
### Take Control of Your Money
[Learn More ](https://discovery.banzai.org/wellness)
---
### [News](https://discoveryfcu.org/news/)
**Published:** February 7, 2019
**Author:** ironcore
**Content:**
Filter:
[All](https://discoveryfcu.org/news/)2. [Active in our Community](https://discoveryfcu.org/news//?category=active-in-our-community)
3. [Financial Education](https://discoveryfcu.org/news//?category=financial-education)
4. [News](https://discoveryfcu.org/news//?category=news)
5. [Products & Services](https://discoveryfcu.org/news//?category=products-services)
[ ![Michael Byrne]() News
Welcome Michael Byrne
June 25, 2026
](https://discoveryfcu.org/news/welcome-michael-byrne/)
[ ![Man seated at a kitchen table reads a document with a worried expression while a woman leans over from his side, holding a mug and offering support.]() Products & Services
The Dangers of a “Quick Fix” Financial Solution
](https://discoveryfcu.org/news/the-dangers-of-a-quick-fix/)
[ ![American flag with stars and fireworks]() News
Celebrating America’s 250th Birthday
](https://discoveryfcu.org/news/celebrating-americas-250th-birthday/)
[ ![Beagle on a leash looking up at the camera in a meadow with daisies and small yellow flowers.]() Active in our Community
Meet Your New Best Friend at Discovery FCU
](https://discoveryfcu.org/news/mostlymuttzadoption/)
[ ![Adult with disability baking with family]() Active in our Community
Purchase Sun Tributes To Benefit ProBerco
](https://discoveryfcu.org/news/sun-tributes-to-support-proberco/)
[ ![hacker]() Financial Education
Task Job Scams and What To Know
](https://discoveryfcu.org/news/task-job-scams-and-what-to-know/)
[ ![Family on staircase]() Products & Services
Best Place for a Home Equity Loan in Berks County
](https://discoveryfcu.org/news/home-equity-berks-county/)
[ ![]() Financial Education
Making Food More Affordable: Smart Strategies to Stretch Your Grocery Budget
](https://discoveryfcu.org/news/making-food-more-affordable/)
[Load More](#)
---
### [Transfer Terms and Conditions](https://discoveryfcu.org/transfer-terms-and-conditions/)
**Published:** April 27, 2021
**Author:** Marketing
**Content:**
### **Transfer Types and Limitations**
##### **Types of Transfers**
You may transfer funds between any two of your Accounts about which you have provided the necessary information to funds transfer. Transfers can be between Accounts within the same financial institution or at an unrelated financial institution. You may also use the Service to transfer funds from one of your Accounts to an account of a Recipient. Specific instructions for transferring funds to an account of a Recipient are available by clicking on the “Recipients” tab.
You authorize us to select any means to execute your fund’s transfer instructions. You understand that to affect your funds’ transfer instruction we utilize the Automated Clearing House (ACH), using applicable ACH Rules, we debit one of your Accounts and credit another of your Accounts or an account of a Recipient.
In the event that a debit to any of your Accounts, or any portion of any such debit, has failed and the credit side of such transaction has been released and cannot be collected, and we are unable to debit either the debited or the credited Account, we reserve the right, and you hereby authorize us, to debit any of your other Accounts to the extent necessary to offset any resulting deficiency. We do not undertake to notify you in such event, other than by posting any such transfer or transfers to the applicable Account in accordance with this Agreement
##### **Recurring/Repeating Transfers**
Your credit union’s home banking Scheduled Transfer Service enables you to manage certain automatic transfers between accounts at the credit union.
**By activating one or more Scheduled Transfers, you agree to the following terms and conditions:**
Each of your accounts at Discovery FCU is also governed by the applicable account disclosure/agreement and Truth In Savings disclosure you received when you opened your account. You may schedule transfers, that do not vary in amount, to automatically occur on a regular schedule of your choice. The Scheduled Transfers that you set up cannot start on the same day you enter them.
Scheduled Transfers will be processed on each scheduled transfer date. Scheduled Transfers are processed prior to 9:00 A.M. on each Calendar Day. A Scheduled Transfer may be changed or canceled only if done so prior to the scheduled transfer date.
Your Scheduled Transfers are also covered under Regulation E. Please refer to the section titled “In Case Of Errors Or Questions About Electronic Transfers” on your statement of account for additional information.
Please be aware that the credit union may permanently cancel any Scheduled Transfers you have set up on this service if the credit union is unable to process the transfer for any reason. This includes, but is not limited to, the inability to process a scheduled transfer because of a closed account, insufficient funds, or any other reason.
All provisions of any agreements or disclosures previously made pertaining to your credit union accounts remain in effect and are not superseded or amended by this agreement.
##### **Limitations on Account Transfers**
You may use our Online Services products to transfer funds between your eligible Discovery Federal Credit Union accounts and accounts at other financial institutions. You may not transfer to or from an account at another financial institution using our service.
Federal regulation (Reg. D) requires financial institutions to limit the way withdrawals may be made from a savings account. Each transfer from a savings account using Online Services is counted as one of the six limited transactions permitted during each monthly statement cycle period, as described in the Disclosure of Account Terms.
We may also limit the type, frequency, and amount of transfers for security purposes and may change or impose limits without notice, at our discretion.
---
### [Savings Calculator](https://discoveryfcu.org/roth-ira-calculator/)
**Published:** June 17, 2019
**Author:** ironcore
**Content:**
### Calculate Your Savings Goal
---
### [Mortgage Equity Calculator](https://discoveryfcu.org/mortgage-equity-calculator/)
**Published:** June 17, 2019
**Author:** ironcore
**Content:**
### Calculate Your Loan Payments
*This calculator is for estimation only and does not guarantee an actual payment amount.*
---
### [CU Deposit](https://discoveryfcu.org/cu-deposit/)
**Published:** June 17, 2019
**Author:** ironcore
**Content:**
### Calculate Your Deposit
---
### [Credit Line](https://discoveryfcu.org/credit-line/)
**Published:** June 17, 2019
**Author:** ironcore
**Content:**
### Calculate Your Credit Line
*This calculator is for estimation only and does not guarantee an actual payment amount.*
---
### [Apple Pay with Visa Check Card](https://discoveryfcu.org/apple-pay/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### **A great new way to pay!**
Use Apple Pay and your Discovery FCU Visa Credit or Debit Card to pay the easy, secure and private way in thousands of stores and participating apps. Apple Pay transactions are authorized with TouchID thumbprint security or your passcode, and transactions never use your Visa card number. Make sure you have the latest version of iOS on your iPad or iPhone (version 8 or more recent).
How It Works
1. **Check your system software:** Make sure you have the latest version of iOS on your iPad or iPhone, version 8 or more recent
2. **Download** the Apple Pay app
3. **Enter** your Discovery Visa account number and a security passcode
4. **Look for these icons** at checkout:
5. **Pay** within an app using your passcode or with your finger on the TouchID button when you’re near a merchant’s contactless payment reader terminal
[Download the Apply Pay App ](https://www.apple.com/apple-pay/)See a complete list of [Apple Pay merchants](https://www.apple.com/apple-pay/where-to-use/)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![discovery visa card]()
### **Discovery uses technology to ensure secure money management.**
---
### [Calculators](https://discoveryfcu.org/resources/calculators/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Handy Calculators to Help you Make Smart Decisions
Utilize the free calculators below to estimate your loan payments, savings options and more.
- [Auto Loan Calculator](https://discoveryfcu.org/auto-loan-calculator/)
- [Credit Line Calculator](https://discoveryfcu.org/credit-line/)
- [CU Deposit Calculator](https://discoveryfcu.org/cu-deposit/)
- [Mortgage Equity Calculator](https://discoveryfcu.org/mortgage-equity-calculator/)
- [Payment Options Calculator](https://discoveryfcu.org/payment-options/)
- [Personal Debt Ratio Calculator](https://discoveryfcu.org/personal-debt-ratio-calculator/)
- [Savings Calculator](https://discoveryfcu.org/roth-ira-calculator/)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![discovery fcu traditional roth iras]()
### **Use a Discovery online calculator to see what you’ll pay for a loan.**
---
### [Payment Options](https://discoveryfcu.org/payment-options/)
**Published:** June 17, 2019
**Author:** ironcore
**Content:**
### Calculate Your Loan Payments
*This calculator is for estimation only and does not guarantee an actual payment amount.*
---
### [Share Secured Loans](https://discoveryfcu.org/share-secured-loans/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### Installment Loan Options to Help You Get the Things You Need.
**Share Secured Loan**
Our share secured loans are a great option to help you build your credit or make a purchase without dipping into your savings. Fully secured by shared in your Discovery FCU savings or money market account, this loan traditionally offers borrowers a lower rate.
- Shares can be pledges for yourself, family and friends.
- Shares become available to you as the loan is paid off.
- Shares continue to earn dividends
- Flexible terms and loan amount options
**Title Secured Loan**
A title secured loan allows you to use the equity in your car as collateral for your loan. Your lien-free title can help you qualify to get the cash you need, when you need it. The loan amount is based upon the vehicle’s value and your ability to repay. Once you are approved for the loan, we’ll keep your title until you have paid off the loan in full.
- Great low fixed rates because your loan is secured by your vehicle
- Flexible terms to better fit your financial situation
[APPLY ONLINE NOW ](https://discoveryfcu.ecutechnology.com/LoansX/Selection) [Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
[**View Current Rates**](/rates/)
Check out our [loan calculator](/auto-loan-calculator/) to estimate your monthly loan payments.
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Use your savings or vehicle title to qualify for a lower-rate loan.**
---
### [Video Banking](https://discoveryfcu.org/videobanking/)
**Published:** June 29, 2021
**Author:** Marketing
**Content:**
### New Video Banking!
At Discovery Federal Credit Union, you never have to step inside a branch…unless you want to! With new Video Banking, meet face-to-face with a Discovery representative from the comforts of home, your office, or when traveling.
**It’s Easy, Secure, and Versatile:**
- Apply for a loan or credit card.
- Open a new savings, checking, share certificate, or money market account.
- Ask questions about your current accounts and loans.
- Become a member (you’ll use our secure online application to complete the process).
- Get help buying a car or home.
- And much more!
Live Video Banking is smooth and secure, handled through Zoom Video Meetings; loans are managed seamlessly, and new accounts utilize our convenient online application.
Never Step Inside a Branch
*(Unless you want to)***
[Click here](https://discoveryfcu.coconutcalendar.com/service) to book your Video Banking appointment or call 610.372.8010.
[Book a Video Banking Appointment ](https://discoveryfcu.coconutcalendar.com/service)
---
### [Book an Appointment](https://discoveryfcu.org/appointment/)
**Published:** July 28, 2020
**Author:** Marketing
**Content:**
### Online Appointment Scheduling
Discovery FCU knows your time is valuable, and we make it easy to schedule an appointment by phone, in person, or with our new Video Banking service handled through Zoom Video Meetings. [Learn more about Video Banking here.](https://discoveryfcu.org/videobanking/) When scheduling your appointment using our online appointment scheduling service, you’ll receive a confirmation of your appointment and friendly reminders of your upcoming appointment. A self-service check-in kiosk is located in our lobby to allow you to quickly and easily check-in when you arrive for your in-person appointment.
**What is the benefit of scheduling an appointment online?** Scheduling an appointment offers you a convenient way to save time and make the most of your meeting with us. Scheduling an appointment allows you to:
- Speak to a specialist at a time that works best for you
- Tell us in advance what you would like to talk about so we can prepare
- Make sure there’s a specialist available to handle your needs when and how you prefer
**Can I still go directly to your branch and meet with a representative without making an appointment?** Yes, you can still visit our branch without an appointment. Walk-ins are always welcome.
**My topic isn’t listed in the scheduling menu. Can I still make an appointment?** Yes. If your specific need isn’t listed, please choose the topic that is most similar. In the Appointment Details section, you can include more detail about what you would like to discuss. *Please note not all services are available by video banking or phone appointments.*
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
## Online Appointment Scheduling Services
- [New Accounts](#1595878988560-36b827f8-c4a1)
- [Loans](#1595878988572-918c4db1-f04f)
- [Card Services](#1595878990856-6e215817-aadc)
- [Account Maintenance](#1595878991703-daccd584-2bf3)
- [Other Financial Needs](#1595878992457-2eef68f5-2277)
#### [New Accounts](#1595878988560-36b827f8-c4a1)
- New Membership
- Share Certificate
- Individual Retirement Account
- Money Market Account
- Basic or Dividend Checking Account
- Business Savings Account
- Custom Savings Account
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### [Loans](#1595878988572-918c4db1-f04f)
- New or Used Auto Loans
- Auto Loan Refinance
- Home Equity Fixed-Rate Loans
- Home Equity Line of Credit
- Personal Loan
- Visa Credit Card
- Other Vehicle Loan
You can also schedule an appointment to discuss how to apply for a first mortgage or private student line of credit with Discovery FCU.
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### [Card Services](#1595878990856-6e215817-aadc)
- Dispute a credit or debit card transaction
- Request a temporary debit card
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### [Account Maintenance](#1595878991703-daccd584-2bf3)
- Add a joint owner or authorized signer to your account.
- Account review and balancing assistance.
- Change your account number.
- Discuss or make a Required Minimum Distribution (RMD) on your IRA
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
#### [Other Financial Needs](#1595878992457-2eef68f5-2277)
- Wire transfers
- Medallion signature
- Establish power of attorney on your account
- Notary services
- Decedent account maintenance
- Help with online/mobile banking
[Book an Appointment ](https://discoveryfcu.coconutcalendar.com/service)
---
### [Personal Debt Ratio Calculator](https://discoveryfcu.org/personal-debt-ratio-calculator/)
**Published:** June 17, 2019
**Author:** ironcore
**Content:**
### Calculate Your Personal Debt Ratio
*This calculator is for estimation only.*
---
### [Auto Loan Calculator](https://discoveryfcu.org/auto-loan-calculator/)
**Published:** June 5, 2019
**Author:** ironcore
**Content:**
### Calculate Your Loan Payments
*This calculator is for estimation only and does not guarantee an actual payment amount.*
---
### [TruStage Insurance](https://discoveryfcu.org/trustage-insurance/)
**Published:** September 20, 2019
**Author:** ironcore
**Content:**
### TruStage Insurance the Credit Union Way
Insurance protection is part of a solid financial plan. From getting a good rate on coverage for your car to making sure your life insurance is adequate, dependable insurance coverage ensures financial relief when you need it. And, along the way, you’ll take comfort in knowing you’re protected.
TruStage insurance products and programs help members protect what matters most. Backed by over 80 years of working in partnership with credit unions and their members, you’ll find products for life, car AD&D, home and more. Get a free quote or more details, call [1-888-794-1970](tel:1-888-794-1970).
[Get a free Auto or Homeowners Insurance Quote ](http://trustage.com)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### The TruStage Auto & Home Insurance provides superior protection and is only available to credit union members like you. You’ll enjoy discounted rates and the convenience of online access and 24/7 claims service.
---
### [Residential First Mortgage](https://discoveryfcu.org/residential-first-mortgage/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### We’re Here to Help You Purchase Your New Home
Discovery FCU offers our members over 200 different mortgage products through our partnership with First Heritage, a Credit Union Service Organization.
- Conventional fixed-rate
- FHA and VA
- Refinance
- Adjustable-rate
- Remodeling Loan
- Construction to Permanent
- And more
[Visit our Mortgage Center to Learn More ](https://discoveryfcu.mymortgageapps.org/discoveryfcu)[Book an Appointment to talk to a Discovery FCU Loan Officer ](https://discoveryfcu.coconutcalendar.com/service)
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
![]()
### **Discovery helps make home ownership a reality.**
### What do I need to apply for a mortgage?
Once you start the application or pre-approval process, a friendly and experienced mortgage representative will help assist you and answer all of your questions. Here are a couple of helpful items you can start to get together to help you get ready for the application process:
- W-2’s from the past two years, or two years of tax returns if self-employed.
- Copy of most recent pay stubs covering the last thirty days.
- Proof of assets (bank statements, 401(k) statements, IRA statements, etc.) Two months of bank or credit union account statements will be required.
[ Make Your Mortgage Payment](https://www.webpmt.com/cgi-bin/customers/clogin.pl)
---
### [Student Loans](https://discoveryfcu.org/student-loans/)
**Published:** March 20, 2019
**Author:** ironcore
**Content:**
### ****A bright future with a lower-cost student loan**!**
Whether you’re planning on college, trade school or certification, Discovery is your best financing source with lower rates, better terms, and a more supportive loan team than you’ll find at a conventional for-profit bank.
Discovery can also help if you want to refinance an existing student loan. Getting started is easy – just visit our online credit union student loan center today!
[Visit the Discovery FCU Student Loan Center ](http://discoveryfcu.studentchoice.org/)[Book an Appointment to Speak with a Discovery FCU Loan Officer ](https://discoveryfcu.coconutcalendar.com/service)
[ Make Your Student Loan Payment](https://www.studentchoiceconnect.com/)
![]()
### **Lower rates and better terms for student loans.**
---
### [Discovery FCU Cards App](https://discoveryfcu.org/discovery-fcu-cards-app/)
**Published:** January 16, 2023
**Author:** ironcore
**Content:**
## Download Discovery FCU’s New Mobile App
### You asked, we answered!
Discovery FCU’s safe and secure mobile app is now available for all credit and debit card holders.
## Discovery FCU Cards App Features:
View and manage your Discovery FCU credit or debit card anytime, anywhere through our mobile app.
#### Where to Download the Discovery FCU Cards App:
Download the Discovery FCU Cards app through Google Play and Apple App Store below.
[](https://apps.apple.com/us/app/discovery-fcu-cards/id6444013009)
[](https://play.google.com/store/apps/details?id=org.discoveryfcu.cardservices.appstore)
**Card Management**
Managing your card is simple! View transactions, payment history, and statements quickly and easily.
**Bill Pay**
Pay your credit/debit card at your convenience through the app. Prefer automatic payments? We’ve got that, too!
**Notifications**
Enhance your security! Our notifications feature will alert you when there is activity to your account.
**Safe & Secure**
Our app keeps your personal and account information protected through our secured mobile app. Manage your credit/debit card without worry!
---
### [Access](https://discoveryfcu.org/access/)
**Published:** January 25, 2019
**Author:** ironcore
**Content:**
### **Free Services Make Managing Money Easy!**
Discovery provides free credit union account services to help you better manage your money. At home, work, or on the go, these services allow you to pay your bills, manage your transactions, check account balances and access cash any time, from anywhere.
Discovery provides these convenient services free to all our credit union members:
**Access your Accounts**
- 24/7 online account access
- Bank on the go with the Discovery FCU mobile banking app
- Telephone account access
- Credit union office access during Discovery working hours and at 5,000 Shared Branches nationwide
- ATM access at Discovery and more than 50,000 surcharge-free ATMs in the Allpoint Network nationwide
**Bill Pay**
- Pay bills and loans online from home or office
- Pay bills and loans on-the-go using the Discovery FCU mobile banking app
**Account Security**
- Your Discovery accounts are protected with state-of-the-art security
- Decide where, when and how your Visa Check Card is used with the CardValet mobile app
**Re-order Checks**
- Reorder credit union checks online through Deluxe Corp
#### OUR MEMBERS LOVE US!
“I had the best experience opening my account and refinancing my vehicle.”
Bruce T.
### **Basic Checking**
No minimum balance requirement and no monthly maintenance fee! Inactivity fee $5.00/month. Inactivity fee only applies to an inactive account, one with no monetary transactions for six consecutive months. Fees and dividends do not constitute activity. Inactivity Fees do not apply if the primary member on the account is under 21 years of age.
[Open a Checking Account ](/bank/basic-checking/)
### **Interest Checking**
Earn interest dividends on balances of $1,000 or more. Maintenance fee is $9.95/month. Fee is waived if you are enrolled in e-statements and online banking, have at least one direct deposit into your account each month and maintain a balance of $1,000 or more.
[Open a Checking Account ](/bank/interest-checking/)
![federal credit union loans]()
### **Access your Discovery account from anywhere in the world, from any device, any time of the day.**
---
### [Update Profile](https://discoveryfcu.org/updateprofile/)
**Published:** March 30, 2021
**Author:** Marketing
**Content:**
### Keep Us Informed
If you have changed your address, e-mail address, cell phone number, home phone number, or business phone number, it is important to update your contact information with Discovery FCU. This will help us reach you quickly if we have a concern about your account or a suspicious transaction, or if there is important information, we need to provide to you. Your e-mail address and cell phone number are also used as part of the 2-Step Verification process in online and mobile banking. You can easily update your personal account information in online & mobile banking in the profile settings section.
##### **How to update your personal information in online banking.**
##### **Step One:** Click More in the top navigation menu. Then select Profile Settings.
If you are using the mobile banking app, simply click on your profile picture or icon. You can also select **More** located in the bottom right corner of the app, click on **App Settings**, then click on the arrow located in the top right corner. Then select **Edit**.
##### **Step Two:** Update the appropriate fields.
You can update your e-mail address, home phone, work phone, personal *(cell)* phone number, and address. *Please note that your personal phone number represents your cell number.*
##### **Step Three:** Click on **Save Changes**.
A get verification code pop-up box will display.
##### **Step Four:** Select if you want the verification code sent to your e-mail address or cell phone, then click on **Get Code**.
The **Get Code** button will be grayed out until you select which method you prefer the verification code to be sent. Once you select your e-mail address or cell phone number, the button will turn orange. If you no longer have access to the e-mail address and cell phone number listed, or if no e-mail address or cell phone number is listed, you will need to call the credit union at **610.372.8010** to update your personal information associated with your Discovery FCU account.
##### **Step Five:** Check your cell phone or e-mail for the verification code and enter it into the field displayed. Then click, **Update Profile**.
The **Update Profile** button will be grayed out until you enter the verification code. Once you enter the verification code, the **Update Profile** button will turn orange. The verification code will expire one hour from the time that it is sent. If you do not receive the verification code via e-mail, please check your Spam folder. If your verification code expires, you will need to have a new code resent.
Once you successfully enter the verification code in the appropriate field and click on **Update Profile**. Your profile information should now be updated.
If you have any questions or need assistance with updating your profile information in online or mobile banking, please feel free to call us at **610.372.8010**. We’re happy to help.
---
### [P2PTransfers](https://discoveryfcu.org/p2ptransfers/)
**Published:** December 16, 2020
**Author:** Marketing
**Content:**
### Easily Transfer Money to Friends & Family
When you want to send money from your Discovery FCU account to a friend or family member, or to anyone that has an account at a financial institution, including other Discovery FCU members, use the Contacts feature in online or mobile banking. To access the contact feature, click on **My Finance** within mobile or online banking, then click on **My Recipients**, **Contacts**.
##### **How to Invite a Contact**
To send money to someone, you need to first invite the intended recipient to be your Contact in online or mobile banking.
- Click on **My Finance**, **My Recipients**, **Contacts**, **Send Invite**.
- Enter the recipient’s name and e-mail address or mobile number. Click **Send Invite**.
- The recipient will now display in your contact list as pending.
##### **How to Accept a Contact Invitation**
Once a Discovery FCU member has invited you to become their contact, you will receive an e-mail or text message from Discovery FCU stating that the member wants to send you money. The e-mail will come from digital.services@discoveryfcu.org. The e-mail or text message will contain a secure hyperlink asking you to register.
- Click on the secure hyperlink in the e-mail you received inviting you to become a contact. This will take you to a secure webpage.
- Enter your first name, last name, the name of your financial institution, and routing number. If you are entering a Discovery FCU account, enter the name as **Discovery FCU**. Click **Continue**.
- Enter your account number and confirm your account number. If you are a Discovery FCU member, you will be prompted to also enter your [Share ID](https://discoveryfcu.org/account-numbers/). Click **Accept Invite**.
- If all information was successfully entered, a thank you message will display. Click **OK** and you will be taken to the Discovery FCU online banking sign-in page.
[Learn More About Share IDs](https://discoveryfcu.org/account-numbers/)
##### **How to Send Money to Your Contact**
Once you have successfully established your contact you can easily send money to them in online and mobile banking.
- Click on **Transfer**.
- Select the account you want to transfer from.
- Click on the **Contact** button in the **Select recipient you want to send to** screen.
- Click on the name of the contact you want to send money to.
- Enter the amount of money you want to send, the date you want to send the money, and select if this will be a recurring or one-time transfer. Click **Continue**.
- Review your transfer details, and if correct, click on Continue. Your transfer will be processed on the date you specified.
You can also send money to your contact in the My Finance section.
- Click on **My Finance**, **Recipients**, **Contacts.**
- Hover over the three dots located to the right of the contact name you want to transfer to and click on **Send Money**.
- Follow the directions listed above.
---
### [Account Numbers](https://discoveryfcu.org/account-numbers/)
**Published:** December 18, 2020
**Author:** Marketing
**Content:**
### **You are more than just a number at Discovery FCU. *But, your numbers are important too.***
The numbers associated with your Discovery FCU membership are the keys to completing transactions on your account and inviting contacts to your online and mobile banking account.
##### **Member Number / Account Number**
Your Discovery FCU member number, also referred to as your account number, is the unique identifier for your overall Discovery FCU membership. Having your member number ready helps our member service representatives locate your information quickly when you contact Discovery FCU for assistance. You will also need this number when you accept a contact invite from another Discovery FCU member to be able to transfer money easily between your accounts. (Person to Person (P2P) Transfers). You can find your member number on your new member paperwork received upon joining.
##### **Share ID and Loan ID Numbers**
Under the umbrella of your Discovery FCU membership are the individual shares (checking, savings) or loans you’ve opened for each product or service. Each individual share or loan opened under your Discovery FCU membership is associated with a four-digit number – a Share ID or Loan ID. This Share ID or Loan ID is the last four digits of the number listed under each account in your online/mobile banking dashboard. The Share ID or Loan ID is also listed in the top section and in the solid bars on your account statements.
 
##### **Checking Number (MICR)**
Discovery FCU checking accounts have an associated Checking Number, also known as the MICR. You will need your MICR number when performing transactions on your Discovery FCU checking account. For example, setting up a direct deposit from your employer, establishing automatic payments, and more. In online and mobile banking, you can find your Checking Number (MICR) by clicking on the checking account in your dashboard and then selecting ***Account Info****.* Your Checking Number (MICR) can also be found at the bottom of your Discovery FCU checks if you have them.
##### **Discovery FCU Routing Number**
When establishing direct deposit from your employer to your Discovery FCU account, establishing automatic payments to or from your Discovery FCU checking account, and more using your Discovery FCU checking account number, you may also need to reference Discovery FCU’s routing number. A routing number is a nine-digit code used in the United States to identify and authorize the electronic transfer of funds into and out of your account. They are also known as banking routing numbers, routing transit numbers, RTNs, and ABA numbers. Discovery FCU’s Routing Number is **231385646**. You can also find this number at the bottom of your checks if you have them. Our routing number can also be found in online and mobile banking by clicking on the More menu option and it is listed in the footer of our website [www.discoveryfcu.org](http://www.discoveryfcu.org).
---
## Testimonials
### [Karim D.](https://discoveryfcu.org/testimonial-post/karim-d/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“The loan officers at Discovery FCU have been a great help to us. They are very kind-hearted people and are always happy to help!”
---
### [Rosie B.](https://discoveryfcu.org/testimonial-post/rosie-b/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“The member service reps are always extremely helpful when you call the credit union. They are very friendly and professional. It’s like talking to a friend. They do a great job!! 😀”
---
### [Michelle B.](https://discoveryfcu.org/testimonial-post/michelle-b/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“The employees at this credit union are ALWAYS very friendly & helpful. They are very quick with transactions. Discovery FCU is simply the best!”
---
### [Ellie C.](https://discoveryfcu.org/testimonial-post/ellie-c/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“The loan officer I worked with was extremely helpful. He answered all of my questions quickly and thoroughly. I’m very grateful. Thank you for your excellent service!”
---
### [Jessica G.](https://discoveryfcu.org/testimonial-post/jessica-g-2/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“I was able to refinance my car with Discovery completely through my phone. The process was so simple and easy. I highly recommend this credit union!”
---
### [Vivian G.](https://discoveryfcu.org/testimonial-post/vivian-g/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“I have been a member for many years and I’m not going anywhere, the employees know me. 😊 I have been helped with kindness and skills to solve a problem. Thank you for your service to all who work there!! 👍🙌”
---
### [Darla D.](https://discoveryfcu.org/testimonial-post/darla-d/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Great member service. Happy to be part of Discovery FCU. 😁”
---
### [Larry B.](https://discoveryfcu.org/testimonial-post/larry-b/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Fantastic folks to work with!”
---
### [Will B.](https://discoveryfcu.org/testimonial-post/will-b/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Everyone who I have ever interacted with at Discovery has been very courteous, professional, and extremely helpful!”
---
### [Clarisa J.](https://discoveryfcu.org/testimonial-post/clarisa-j/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Everyone at Discovery FCU is very friendly and always help with whatever questions I may have.”
---
### [Neal W.](https://discoveryfcu.org/testimonial-post/neal-w/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Discovery is a great financial institution.”
---
### [Sabrina K.](https://discoveryfcu.org/testimonial-post/sabrina-k/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Definitely the easiest loan experience of our life! Very, very pleased!!!! 👏👏👏👏”
---
### [Carol W.](https://discoveryfcu.org/testimonial-post/carol-w/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“I’ve had two car loans at Discovery FCU and the loan officers are fantastic!! They make everything easy, quick, and efficient.”
---
### [Becky G.](https://discoveryfcu.org/testimonial-post/becky-g/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“The loan officers at Discovery are fantastic to work with!!! They helped us get our home equity loan and were there for us every step of the way. They were always there for any questions we had and were very responsive.”
---
### [Thomas G.](https://discoveryfcu.org/testimonial-post/thomas-g/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“The loan officers at Discovery are the best in my opinion. They are the most knowledgeable lenders I have ever dealt with in any bank. They always go above and beyond. “
---
### [Ritchie G.](https://discoveryfcu.org/testimonial-post/ritchie-g/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Discovery FCU has the best auto loan rates in town! 🚗🚗”
---
### [Catharine K.](https://discoveryfcu.org/testimonial-post/catharine-k/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“I always find the employees at Discovery FCU friendly and helpful. Thank you! 🙌”
---
### [Keith S.](https://discoveryfcu.org/testimonial-post/keith-s/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“In my experience, Discovery FCU is a great credit union that hasn’t lost the personal touch. Our loan rep was awesome. The loan process was quick and painless.”
---
### [Jessica G.](https://discoveryfcu.org/testimonial-post/jessica-g/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“The auto loan refinance process was seriously the easiest process ever. I am impressed!”
---
### [Bill S.](https://discoveryfcu.org/testimonial-post/bill-s/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“I think Discovery FCU is an awesome place to do business. They have been very helpful in my life. 👍👍👍”
---
### [Kathy S.](https://discoveryfcu.org/testimonial-post/kathy-s/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“I love that the employees know you. They are great!”
---
### [Jennifer H.](https://discoveryfcu.org/testimonial-post/jennifer-h/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Great service and we will continue to use the credit union for loan services. 😊”
---
### [Joseph K.](https://discoveryfcu.org/testimonial-post/joseph-k/)
**Published:** May 5, 2022
**Author:** Marketing
**Content:**
“Absolutely great team and service is always fantastic!”
---
### [Kathleen W.](https://discoveryfcu.org/testimonial-post/kahtleen-w/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“The loan officers are helpful, kind and a pleasure to work with.”
---
### [Mary S.](https://discoveryfcu.org/testimonial-post/mary-s/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“I love Discovery FCU. Absolute favorite.”
---
### [Louise H.](https://discoveryfcu.org/testimonial-post/louise-h/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“Discovery has the small family feeling of doing business. The staff are so nice and helpful.”
---
### [Lynette S.](https://discoveryfcu.org/testimonial-post/lynette-s/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“Friendly, courteous service, great rate and convenient.’’
---
### [Lannette W.](https://discoveryfcu.org/testimonial-post/lannette-w/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“Everyone at Discovery is friendly and courteous. You are all the best.”
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### [Amy S.](https://discoveryfcu.org/testimonial-post/amy-s/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“The staff at Discovery are always friendly and helpful. They go out of their way to answer my questions or help me solve a problem.”
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### [Bobby W.](https://discoveryfcu.org/testimonial-post/bobby-w/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“I’m always greeted with a smile and get prompt service.”
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### [Lori D.](https://discoveryfcu.org/testimonial-post/lori-d-2/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“Discovery’s member service sets them apart from the rest.”
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### [Lori D.](https://discoveryfcu.org/testimonial-post/lori-d/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“Discovery’s member service is spot on.”
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### [Paul G.](https://discoveryfcu.org/testimonial-post/paul-g/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“Thank you for taking the time to educate me on all of my auto loan options.”
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### [Susan S.](https://discoveryfcu.org/testimonial-post/susan-s/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“I absolutely love Discovery. Everyone is always super nice and helpful.”
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### [Bruce T.](https://discoveryfcu.org/testimonial-post/bruce-t-2/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“The staff at Discovery FCU is kind-hearted and compassionate.”
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### [Bruce T.](https://discoveryfcu.org/testimonial-post/bruce-t/)
**Published:** May 13, 2019
**Author:** ironcore
**Content:**
“I had the best experience opening my account and refinancing my vehicle.”
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