Business Details
50+ Years
experience
Your Trusted Financial Partner in Philadelphia
We offer tailored financial solutions rooted in our commitment to community and member ownership. Founded in 1948 as Budd Workers Federal Credit Union, we have grown to serve over 315,000 members across Philadelphia and surrounding counties. As a not-for-profit, member-owned cooperative, we prioritize competitive rates, low fees, and personalized service. Our history of empowering communities through trusted relationships has earned us recognition as Pennsylvania's 2025 Best-in-State Credit Union by Forbes. We operate under a federal charter, ensuring stability and security for our members.Our team of experts delivers comprehensive financial products, including checking and savings accounts, mortgages, auto loans, and investment services. We actively support local initiatives and partner with organizations like CHOP to strengthen communities. With 35+ locations and digital tools like Video Advisor, we combine convenience with a human touch. Our mission remains unchanged: enhancing lives through financial education, accessibility, and innovation. For over 75 years, we've adapted to member needs while maintaining the values of integrity and service that define us.
Services
Checking Accounts
Savings Accounts
Mortgage Loans
Auto Loans
Personal Loans
Credit Cards
Investment Services
Insurance Products
Online Banking
Shared Branching
Details
- Year established: 1948
Highlights and features
- We are a not-for-profit credit union focused on member needs, not shareholder profits.
- We offer competitive rates on loans and high-yield savings accounts with fewer fees.
- Our local expertise serves Philadelphia and surrounding counties with 35+ branches.
- We provide 24/7 digital banking tools including Video Advisor and mobile check deposit.
- We've been recognized as Pennsylvania's Best-in-State Credit Union for three consecutive years.
Associations and certifications
- Forbes Best-in-State Credit Union
- NCUA Federally Insured
What people say
Individualized customer service
Exceeded expectations
Professional and courteous
Local credit union benefits
Financial advisor expertise
Services
Checking Accounts
We offer multiple checking account options with no monthly maintenance fees, free debit cards, and mobile banking features. Our accounts provide easy access to funds through ATMs and shared branching networks. Members enjoy personalized service and financial management tools to track spending habits effectively.
Mortgage Loans
Our mortgage specialists provide competitive fixed and adjustable-rate loans for home purchases or refinancing. We offer down payment assistance programs and flexible terms up to 30 years. Local underwriting ensures faster approvals and personalized guidance throughout the homebuying process.
Auto Loans
We finance new and used vehicles with low APR options and no prepayment penalties. Our loan calculators help determine affordable payment amounts. Members receive rate discounts for automatic payment enrollment and can refinance existing auto loans for better terms.
Online Banking
Our 24/7 online platform allows account management, bill payment, and fund transfers. Video Advisor connects members with live representatives for financial guidance. Mobile apps include check deposit, location finder, and real-time transaction alerts for enhanced security.
Investment Services
We offer IRAs, certificates, and investment products with competitive APYs. Financial advisors provide retirement planning and portfolio diversification strategies. Members benefit from educational resources and personalized consultations to achieve long-term financial goals.
Questions
How do I become a member?
Membership requires living, working, or worshiping in Philadelphia or surrounding counties. Visit any branch with ID and proof of eligibility to open an account.
What loan options are available?
We offer mortgages, auto loans, personal loans, home equity loans, and credit cards with competitive rates. Loan specialists help determine the best option for your financial situation.
Are my deposits insured?
Yes, all deposits are federally insured up to $250,000 by the NCUA, with additional coverage through optional account structures.
Do you offer business banking services?
Yes, we provide business checking, savings, loans, payroll services, and merchant processing tailored to local businesses' needs.
How can I report fraud?
Contact us immediately at 800-342-0008 or visit a branch if you suspect fraud. We offer card controls and account alerts to enhance security.
What community programs do you support?
We partner with local organizations like CHOP and provide financial education programs. Our Workplace Partner Program offers exclusive benefits to employees of participating companies.
