CHADDS FORD, PA – December 16, 2025 – Franklin Mint Federal Credit Union’s (FMFCU) Board of Directors announced today Michael B. Magnavita, CPA, President/CEO, will retire effective May 1, 2026. Under Magnavita’s leadership, the last seven as President/CEO, FMFCU has continued to grow and expand products and services, reaching $1.9 billion in assets and receiving […]
ANNUAL MEETING In accordance with Franklin Mint Federal Credit Union Bylaws, an Annual Meeting for members is scheduled for Wednesday, May 13, 2026. The meeting will be held at 4:00 p.m. at 5 Hillman Drive, Suite 100, Chadds Ford, PA 19317. Business Meeting only. Please RSVP by May 8, 2026 via email to boardsecretary@fmfcu.org or […]
September 2025 — Franklin Mint Federal Credit Union has been named to Credit Union Times’ Luminaries Awards, Class of 2025. FMFCU is a finalist in the Community Impact category for credit unions $1 – $4 billion in assets. The winners of each category will be announced at their awards program on November 6th at […]
FMFCU Foundation is proud to support seven local nonprofit organizations through the annual Community Nonprofit Grant Program. These one-time grants of up to $1,000 are awarded to organizations working hard to make meaningful, measurable, and lasting improvements in our communities. The grants are designed not only to strengthen these nonprofits but also to expand […]
Chadds Ford, PA – Franklin Mint Federal Credit Union is honored to be named one of “America’s Best-In-State Credit Unions” by Forbes. This marks the second consecutive year FMFCU has been recognized among an elite group of 222 credit unions nationwide for outstanding service, exceptional digital and branch experiences, and member satisfaction. Published annually, […]
Merger Will Expand Services, Strengthen Resources, and Enhance Member Value West Chester, PA, and Chadds Ford, PA — June 10, 2025— Benchmark Federal Credit Union (BFCU) and Franklin Mint Federal Credit Union (FMFCU) are pleased to announce they have entered into a definitive merger agreement, in which Benchmark Federal Credit Union will merge into […]
