Members Choice Financial Credit Union

What Members Choice Financial Credit Union does

MC Federal Credit Union is a federally chartered, member-owned credit union founded in 1955 (per company history; firmographic data cites 1954) and headquartered in Danville, Pennsylvania. It operates a five-branch network across five Pennsylvania counties (Danville, Bloomsburg, Lewisburg, Mount Carmel, and an on-site branch at WellSpan Evangelical Community Hospital), serving individual consumers, small businesses, and youth/student segments. The institution is federally insured by NCUA and operates as a not-for-profit financial cooperative with a defined field of membership tied to employer Select Employee Groups, geographic residency, and organizational affiliations.

The credit union delivers a full-service retail banking platform: personal and youth checking and savings accounts (share savings from a $5 minimum), money market accounts, certificates, IRAs and Health Savings Accounts; a lending suite spanning auto loans (rates as low as 4.60% APR), mortgages, home equity loans/lines (3.50% APR), personal loans, student loans, and business loans; debit, credit (11.49% APR), and mobile wallet card services; and small business banking including merchant services and Intuit QuickBooks integration. Underlying technology consists of a web-based digital banking platform (my.mcfcu.org) and a mobile app on iOS and Android (recently updated to v3.34.1 in May 2026 for iOS 18.4+) with two-factor authentication, bill pay, secure messaging, ATM locator, and an online loan application portal (apply.mcfcu.org). Fraud monitoring is delivered via an automated transaction-scoring anomaly detection system supported by a 24/7 fraud analyst team and dedicated card and international fraud hotlines.

The business model is a cooperative net interest margin model: member deposits (savings, money markets, certificates, IRAs, HSAs) fund a loan portfolio generating interest income, with ancillary fee-based revenue from overdraft, merchant services, ATM, and transaction fees on business accounts (e.g., Business Basic Checking provides 250 free monthly transactions, with per-transaction fees beyond that threshold). Distribution relies on the branch network plus digital channels and SEG-based workplace enrollment. Growth is supported by community-led go-to-market: school-based financial literacy reaching over 1,000 students annually, financial wellness partnerships (GreenPath Financial Wellness, Getting Ahead Foundation), an annual charity golf tournament, and active social media presence (Facebook, Instagram, LinkedIn, YouTube).

Name

Members Choice Financial Credit Union

Legal name

MC Federal Credit Union

Website

https://mcfcu.org

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

101–250 employees

Short description

MC Federal Credit Union is a Pennsylvania-based, federally chartered member-owned cooperative providing full-service retail and small business banking (deposits, lending, cards) across five Pennsylvania counties, supported by a digital banking platform and community-led financial wellness programs.

Ownership category

akta.pro rank

Product category

Retail Banking (Credit Union)

NAICS

Credit Unions (52213), Depository Credit Intermediation (5221)

SIC

Personal Credit Institutions (6141), Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industries

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), General Purpose Credit Cards (FSAKABAA)

Keywords

• Retail banking services
• Consumer lending
• Credit union services
• Business banking
• Financial education programs

Headquarters

HQ city

Danville

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income on Loans: MC Federal Credit Union earns interest income on various loan products including auto loans, mortgages, home equity loans, personal loans, student loans, and business loans. Rates advertised include 11.49% APR for credit cards, 4.60% APR for auto loans, and 3.50% APR for home equity loans.
2. Member Deposits and Savings: Members maintain share savings accounts ($5 minimum deposit), money market accounts, certificates, IRAs, and Health Savings Accounts. The credit union uses these deposits to fund loans and earns the spread between deposit rates paid and loan rates charged.
3. Business Account Transaction Fees: Business Basic Checking offers 250 free transactions per month, with potential per-transaction fees beyond that threshold. Subject to MC Federal Credit Union Fee Schedule.
4. Fee-Based Services: Additional revenue from services such as merchant services for business members, overdraft fees, ATM fees (surcharge-free network available), and other standard credit union service charges.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Members Choice Financial Credit Union (DBA MC Federal Credit Union) is a federally chartered, member-owned credit union that provides retail banking, consumer lending, card services, and small-business banking products to individuals and businesses across Pennsylvania. Core deposit products include checking, savings, money markets, certificates, IRAs, and HSAs; core lending products include auto, mortgage, home equity, personal, and student loans; card services include debit, credit, and mobile wallet. The institution also offers business checking, business loans, merchant services, and QuickBooks integration for small businesses.

Product overview

MC Federal Credit Union offers a comprehensive suite of financial products and services organized into personal banking, lending, card services, and business banking categories. The core offerings include checking and savings accounts (with specialized accounts for youth, IRAs, and HSAs), certificate accounts, and various loan products (auto, personal, mortgage, home equity, and student loans). Card services encompass debit cards, credit cards, and mobile wallet integration. Business services include business checking, business loans, and merchant services. The institution also provides digital banking through online and mobile platforms, with the mobile app recently updated to version 3.34.1 for iOS. A Financial Wellness Program partners with GreenPath Financial Wellness to offer counseling, webinars, and educational courses. Community programs include annual scholarships and a charity golf tournament benefiting the Getting Ahead Foundation.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Checking account products for individual members, including various tiers with features such as free transactions, online banking, bill pay, and direct deposit.
• Savings & Club Accounts Share savings and club accounts for individual members targeting various savings goals, including a share savings account that requires a $5 minimum deposit to maintain membership.
• Money Market Accounts Money market deposit accounts for individual members seeking higher-yield savings with check-writing or debit access.
• Certificates Share certificate accounts offering fixed-rate savings with various term lengths for individual members.
• Individual Retirement Accounts (IRA) Tax-advantaged retirement savings accounts including Traditional and Roth IRA options for individual members.
• Health Savings Accounts (HSA) Tax-advantaged accounts for individuals with high-deductible health plans to pay for qualified medical expenses.
• Youth Accounts Banking accounts designed for young members, including savings and checking options tailored to various age groups.
• Auto Loans Vehicle financing for new and used automobiles with competitive rates (as low as 4.60% APR), refinance options, GAP insurance, and warranties for individual members.
• Personal Loans & Lines of Credit Unsecured personal loans and lines of credit for personal expenses, debt consolidation, or major purchases by individual members.
• Mortgages Home mortgage products including fixed and variable rate options with loan counseling services for individual members pursuing home ownership.
• Home Equity Loans & Lines of Credit Home equity financing including closed-end loans (as low as 3.50% APR) and the FlexChoice home equity line of credit for individual members.
• Student Loans Education financing options for members pursuing higher education.
• Debit Card MC Federal debit card providing ATM access and point-of-sale purchases with built-in fraud protection for members.
• Credit Card Credit card products with rates as low as 11.49% APR, cash advances, and low minimum payments for individual members.
• Mobile Wallet Digital wallet integration allowing mobile payments via Apple Pay, Google Pay, and other mobile payment platforms for members.
• Business Basic Checking Business checking account for sole proprietors, LLCs, partnerships, corporations, and non-profits, with 250 free monthly transactions, no monthly service charges or minimum balance, free online/mobile banking and BillPay, direct deposit, and quarterly dividends.
• Business Loans Commercial lending products including term loans and lines of credit for business growth, operations, and working capital for business members.
• Merchant Services Payment processing services enabling business members to accept card payments from their customers.
• Digital Banking Platform Online and mobile banking platform (with iOS/Android apps) enabling members to access accounts, transfer funds, pay bills, and manage finances digitally with two-factor authentication, secure messaging, ATM locator, and modern browser support.
• MC Federal Mobile Banking App (iOS v3.34.1 / Android) Member-facing mobile banking application for iOS (v3.34.1, requires iOS 18.4 or later) and Android, providing full account management, ATM locator, bill pay, and secure messaging.

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability1 record

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• GreenPath Financial WellnesscoreStrategic or Co-development PartnerPartnership with national nonprofit GreenPath Financial Wellness (60+ years experience) to offer MC Federal members free financial counseling, debt management plans, housing services (foreclosure prevention, homebuyer counseling), credit report review, student loan counseling, and educational webinars. GreenPath's NFCC and HUD-certified counselors provide services. CrossState Credit Union Foundation grant partially funds the partnership.
• Getting Ahead FoundationcoreStrategic or Co-development PartnerLocal nonprofit partner helping low-income individuals and families break the cycle of poverty. Through the 'Getting Ahead in a Just-Gettin'-By World' program, graduates are invited to participate in MC Federal's Road to Financial Wellness 6-week course. MC Federal's 6th Annual Charity Golf Tournament benefits this organization. Dine-to-Donate fundraisers at Nickle Plate Bar & Grill also support this foundation.
• CrossState Credit Union AssociationcoreOthersTrade association for credit unions in Pennsylvania and New Jersey. Awards the MIC (Market, Innovate, Create) Awards for marketing excellence and the Desjardins Adult Financial Education Award for financial literacy leadership. MC Federal has received recognition from this association in 2019, 2022, and 2026.
• CrossState Credit Union FoundationminorOthersFoundation providing grants to credit unions for community initiatives. Funded MC Federal's financial wellness education project with a grant.
• WellSpan Evangelical Community HospitalcoreOthersMajor Select Employee Group (SEG) employer partner. Houses an on-site MC Federal Credit Union branch at 1 Hospital Drive, Lewisburg. Employees and their families are eligible for MC Federal membership.
• Great DaneminorOthersManufacturing company and Select Employee Group (SEG) employer partner. MC Federal conducts on-site workplace enrollment events at Great Dane's Elysburg location.
• Nickle Plate Bar & GrillminorGTM or Marketing PartnerLocal restaurant partner hosting a Dine-to-Donate fundraising event (June 14-20, 2026) as part of MC Federal's 6th Annual Charity Golf Tournament. 10% of meal purchases (excluding alcohol and gift cards) donated to Getting Ahead Foundation.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• BCU (Baxter Credit Union): National community credit union serving employer groups and individuals with full banking, lending, and digital services. Comparable member-owned credit union model operating across multiple geographies and SEG partnerships.
• SchoolsFirst Federal Credit Union: Large California-based federal credit union serving education employees with full banking and lending products. Provides a benchmark for scale, product breadth, and digital capabilities that MC Federal could aspire to within its community focus.

Direct peers

• Belco Community Credit Union: Pennsylvania community credit union providing personal and business banking with multiple branches and similar community/membership-driven model. Comparable size range and retail/consumer focus.
• Bellco Credit Union: Colorado-based community credit union with a member-owned cooperative structure and full-service retail banking. Comparable community credit union model with similar size profile and deposit/loan product breadth.
• Service 1st Federal Credit Union: Pennsylvania-headquartered federal credit union serving central PA communities with consumer and business banking. Most comparable peer given overlapping service geography in central Pennsylvania.
• Citadel Federal Credit Union: Pennsylvania-based community credit union offering deposit, lending, and business banking products across multiple branches. Directly comparable on charter type, geographic concentration in PA, and member-owned structure.
• First Commonwealth Federal Credit Union: Pennsylvania community credit union providing deposit and consumer lending products with branches across the state. Directly comparable community credit union with similar asset class and member base.
• PSECU (Pennsylvania State Employees Credit Union): Pennsylvania-headquartered credit union serving state employees and broader community with full personal/business banking and lending products. Most directly comparable Pennsylvania-based credit union peer operating under the same NCUA framework.
• Clearview Federal Credit Union: Pennsylvania-based federal credit union offering full-service retail banking, lending, and digital channels. Comparable federally chartered, member-owned structure and geographic concentration in PA.
• Mid Penn Credit Union: Pennsylvania-based community financial institution operating in the central PA corridor with consumer and business banking products. Comparable community focus and geographic adjacency to MC Federal's Danville footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@mcfederalcreditunion
• Facebookfacebook.com/mcfcumemberschoice
• LinkedInlinkedin.com/company/members-choice-financial-credit-union
• Instagraminstagram.com/mcfederalcreditunion
• Xx.com/mcfederal

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Members Choice Financial Credit Union