Credit union · NCUA insured
Discovery Federal Credit Union
Top CarrotA $192.2M credit union headquartered in Wyomissing, PA, with 9,023 members and 1 branch in Pennsylvania. Best rates: CDs 4.00% and savings 1.00% APY.
Discovery Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 83% of U.S. banks and credit unions
#2 of 21 in Reading, PA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Discovery Federal Credit Union
Founded in 1959 to serve Western Electric employees in Laureldale, Discovery Federal Credit Union is a member-owned financial cooperative headquartered in Wyomissing, Pennsylvania.
Previously known as Reading Works FCU and WELaurel FCU, the institution adopted its current name in 2004 and subsequently merged with New Visions FCU, Reading Tube Employees FCU, and Barta Berks Community FCU.
In 2025, Discovery FCU transitioned to a Multiple Common Bond charter, serving Berks County and surrounding areas across the southeastern Pennsylvania region.
- Headquarters
- 2744 Century Blvd, Wyomissing, PA 19610
- NCUA charter
- 12935
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- People across the U.S. are eligible for membership through a complimentary membership to association partner Community Impact Fund (CIF).
Employers and groups
- Individuals who are members from Select Employer Groups are eligible for membership.
Family and household
- Individuals who have an immediate family or household member who is already a member are eligible to join.
Branches
1 branch in Pennsylvania
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Pennsylvania
1 branch
- Main OfficeMain office2744 Century Blvd, Wyomissing, PA 19610Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 11.48% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.48% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.69% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $77 | $76 | — |
- CapitalNet worth ratio11.48%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.48%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.69%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$77Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Discovery Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.