Dear Benchmark Federal Credit Union Member,
We are excited to announce that on August 25, 2025 Benchmark Federal Credit Union (Benchmark FCU) received
regulatory approval from the National Credit Union Administration (NCUA) to merge with Franklin Mint Federal
Credit Union (FMFCU). Your member-elected Board of Directors of Benchmark FCU previously approved a
resolution to merge with FMFCU in June 2025.
This strategic partnership unites two mission-driven credit unions that share a commitment to exceptional member
service, deep community involvement, and financial strength. For Benchmark FCU members, the merger means
access to a broader suite of consumer and business banking solutions, FMFCU’s dedicated Member Service Call
Center, and Mint Wealth Advisors, FMFCU’s comprehensive wealth management division. You will also enjoy the
convenience of 18 branch locations throughout the Delaware Valley, many with Saturday hours—including Chester
County options in Downingtown, Paoli, West Chester, and Kennett Square, plus nearby branches in Glen Mills,
Media, and Newtown Square. To best serve members and reduce overlapping locations in West Chester, the
McDaniel Drive and Gay Street branches will be consolidated into the 400 E. Market Street branch, while ensuring
members gain even more convenient access across Chester County and beyond.
Benchmark FCU has served our members for 85 years. Changes in technology, payments and regulations continue
to accelerate, and by combining the strengths of FMFCU ($1.9 billion in assets and 150,000 members) and
Benchmark FCU ($300 million in assets and 9,300 members), the merger will enhance our ability to serve you now
and well into the future. Local decision-making and personalized service are core strengths of both organizations,
and this unwavering commitment will continue as we strive to deliver exceptional banking experiences.
The targeted merger date is the first quarter of 2026. Detailed and timely communications will follow in the coming
months. Please be sure to check your email and benchmarkfcu.org.
The final step of this merger process is a Membership Vote to approve the merger. A Special Meeting of the
Benchmark FCU Membership will be held on December 2, 2025, at 5:15 p.m. in our Main Office Lobby located at
1522 McDaniel Drive, West Chester, PA 19380.
HOW TO VOTE (Choose one of the following):
- Vote online by clicking BEGIN VOTING below (preferred)
- Complete and return a paper ballot you can download here
- Attend the Special Meeting – you must RSVP by emailing us at specialmeeting@benchmarkfcu.net
An independent third party, CU Ballot, is collecting and tabulating the votes to ensure anonymity and accuracy.
The BFCU Board of Directors and Management Team recommends approving the merger.
Thank you,
The Benchmark Federal Credit Union Board of Directors