ufcw local 1776 federal credit union
UFCW Local 1776 Federal Credit Union is a federally chartered, member-owned not-for-profit credit union in Plymouth Meeting, PA, serving UFCW Local 1776 and Local 152 union members and their families with deposit accounts, consumer loans, credit cards, and digital banking.
- Company typePrivate
- Founded-
- HeadquartersPlymouth Meeting, United States
- Headcount—
- GTM typeB2C
- OfferingServices
What ufcw local 1776 federal credit union does
UFCW Local 1776 Federal Credit Union is a federally chartered, member-owned not-for-profit credit union headquartered at 3031 A Walton Road, Suite 310, Plymouth Meeting, Pennsylvania, regulated by the National Credit Union Administration (NCUA) with member deposits insured up to $250,000 by the NCUSIF. Its defined field of membership is restricted to members of UFCW Local 1776 and UFCW Local 152 labor unions and their extended families (spouse, children, parents, siblings, in-laws, and relatives by blood or marriage). Membership is established by maintaining a $5 share account, and once acquired, membership persists for life regardless of relocation or employment status.
ufcw local 1776 federal credit union firmographics
Firmographics- Name
- ufcw local 1776 federal credit union
- Legal name
- UFCW Local 1776 Federal Credit Union
- Website
- https://1776creditunion.org
- Company type
- Private
- Operating status
- Operating
- Short description
- UFCW Local 1776 Federal Credit Union is a federally chartered, member-owned not-for-profit credit union in Plymouth Meeting, PA, serving UFCW Local 1776 and Local 152 union members and their families with deposit accounts, consumer loans, credit cards, and digital banking.
- Ownership category
- akta.pro rank
ufcw local 1776 federal credit union industry classification
Industry- Product category
- Retail Banking
- NAICS
- Credit Unions (52213), Credit Card Issuing (52221)
- SIC
- National Commercial Banks (6021), Personal Credit Institutions (6141)
- 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
Where ufcw local 1776 federal credit union is headquartered
LocationHeadquarters
- HQ city
- Plymouth Meeting
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ufcw local 1776 federal credit union business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Loan Interest Income: The credit union earns interest income on various loan products including vehicle loans (new/used), home equity loans, personal loans, recreational vehicle loans, credit builder loans, and debt consolidation loans. Interest rates range from approximately 3.99% APR for new vehicles to 28% APR for short-term Better Choice loans.
- Membership Share Account: Members maintain a minimum $5 share balance to maintain membership. This represents the member's ownership stake in the credit union.
- Savings and Certificate Accounts: The credit union offers savings accounts, money market accounts, and share certificates (including IRA certificates) that generate dividend payments to members. Rates range from 0.00% to 3.50% APY depending on account type and balance.
- Fee-based Services: Various service fees including overdraft fees ($35), wire transfer fees ($25-$40), ATM fees ($2.50 per transaction over 5 free monthly withdrawals), stop payment fees ($35), and check printing. Fee schedule effective January 1, 2024.
- Credit Card Income: The credit union offers UFCW 1776 Mastercard with revolving fixed 15.99% APR through partnership with PSCU.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | New Vehicle Loans - 5 Year Term |
| Subscription | Monthly | New Vehicle Loans - 6 Year Term |
| Subscription | Monthly | New Vehicle Loans - 7 Year Term |
| Subscription | Monthly | Used Vehicle Loans (2023-2026, 5 Years) |
| Subscription | Monthly | Used Vehicle Loans (2019-2022, 4 Years) |
| Subscription | Monthly | Used Vehicle Loans (2016-2018, 3 Years) |
| Subscription | Monthly | Home Equity Loans (Up to 3 Years) |
| Subscription | Monthly | Home Equity Loans (3-5 Years) |
| Subscription | Monthly | Home Equity Loans (5-10 Years) |
| Subscription | Monthly | Home Equity Loans (10-15 Years) |
| Subscription | Monthly | Home Equity Loans (15-20 Years) |
| Subscription | Monthly | Personal Loans (0-60 Months) |
| Subscription | Monthly | Credit Builder Secured Loans |
| Subscription | Monthly | Better Choice Loans |
| Subscription | Monthly | Debt Consolidation Loans (0-84 Months) |
| Subscription | Monthly | Recreational Vehicle Loans (5 Years, up to $15k) |
| Subscription | Monthly | Recreational Vehicle Loans (10 Years, $15k-$40k) |
| Subscription | Monthly | Recreational Vehicle Loans (15 Years, $40k-$150k) |
| Subscription | Monthly | Mastercard Credit Card |
| Subscription | Quarterly | Regular/Vacation/Christmas Club Savings |
| Subscription | Quarterly | IRA Savings |
| Subscription | Quarterly | Free Checking |
| Subscription | Quarterly | Money Market Account |
| Subscription | Quarterly | Share Certificates ($1,000-$4,999.99) |
| Subscription | Quarterly | Share Certificates ($5,000-$9,999.99) |
| Subscription | Quarterly | Share Certificates ($10,000-$24,999.99) |
| Subscription | Quarterly | Share Certificates ($25,000+) |
| Subscription | Quarterly | Jumbo Share Certificates |
| Other | Monthly | Electronic Services Fees |
| Other | Monthly | Loan Fees |
| Other | Monthly | Miscellaneous Fees |
| Other | Monthly | Visa Check Card |
| Other | Monthly | Checking Account Fees |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels3 records
ufcw local 1776 federal credit union product offering
Product offeringCore offering
UFCW Local 1776 Federal Credit Union is a not-for-profit, member-owned federal credit union providing personal banking, deposit, and lending services to UFCW Local 1776 and Local 152 union members and their families. Its core products include checking and savings accounts, money market accounts, share certificates, IRAs, vehicle loans, home equity loans, personal loans, credit builder loans, and credit cards, delivered through a physical branch in Plymouth Meeting, PA, plus online banking, a 24-hour Teller Line Connection phone service, and Visa check card network access.
Product overview
UFCW Local 1776 Federal Credit Union operates as a traditional credit union offering a comprehensive suite of financial products and services to its members. The core offering centers on deposit accounts (checking, savings, money market, certificates, IRA accounts) and lending products (vehicle loans, home equity loans, personal loans, credit cards). Digital banking is provided through free Online Banking, Electronic Bill Payment, E-Statements, and a 24-hour Teller Line Connection phone service. The credit union also offers a Visa Check Card and UFCW 1776 Mastercard through its PSCU partnership, plus access to Sallie Mae student loans through a referral partnership. Additional services include Direct Deposit, Payroll Deduction, Wire Transfers, Western Union Quick Cash, and GAP insurance. The portfolio is organized as a single unified credit union with multiple product lines rather than a platform-plus-modules architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Online Banking
- Teller Line Connection (TLC)
- Visa Check Card
- UFCW 1776 Mastercard
- Regular Share Account
- Free Checking
- Money Market Account
- Share Certificates
- IRA Share Savings
- IRA Share Certificates
- Christmas Club Account
- Vacation Club Account
- Home Equity Loans
- New Vehicle Loans
- Used Vehicle Loans
- Recreational Vehicle Loans
- Personal Loans
- Credit Builder (Secured) Loans
- Better Choice Loans
- Debt Consolidation Loans
- Sallie Mae Student Loans
- Direct Deposit
- Payroll Deduction
- Wire Transfers
- Western Union Quick Cash
Companies that use ufcw local 1776 federal credit union
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
ufcw local 1776 federal credit union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
ufcw local 1776 federal credit union partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Sallie MaecorePartnership to offer Sallie Mae student loans to UFCW Local 1776 FCU members. Sallie Mae Bank is the creditor; the credit union receives referral compensation. Loans are designed for undergraduate and graduate students with competitive interest rates, multiple repayment options, and no origination fees or prepayment penalties. Products include Smart Option Student Loan for undergraduates and graduate loan suite for professional programs (MBA, Medical, Dental, Law).
- VisacoreVisa check cards offered to members for purchases and ATM withdrawals. Cards are issued through the credit union and operate on Visa's network globally. Transactions include point-of-sale purchases, mail/phone orders, ATM withdrawals, and balance inquiries.
- PSCU (Digital Credit Union Solutions)coreCredit card processing and online banking platform provider for the UFCW 1776 Mastercard. PSCU provides the digital platform for credit card access at dxonline.pscu.com.
- MainStreet IncminorThird-party check printing and supplies provider. Members are directed to MainStreet Inc for ordering personal checks and supplies through the website link.
- National Credit Union Administration (NCUA)coreFederal agency that insures member deposits up to $250,000 through the National Credit Union Share Insurance Fund (NCUSIF). Provides regulatory oversight and supervision of federal credit unions.
Scale indicators1 record
Recent moves2 records
Expansion highlights3 records
ufcw local 1776 federal credit union competitors and assessment
Company assessmentDirect peers
- Police & Fire Federal Credit Union: A large Pennsylvania-based federal credit union serving police, fire, and first-responder select employee groups. Comparable as a SEG-based federal credit union operating under the same NCUA framework, serving a defined membership field with similar full-service deposit and loan products.
- Citadel Federal Credit Union: A Pennsylvania-based federal credit union serving a defined field of membership across the Mid-Atlantic region. Comparable as a regional SEG/community federal credit union offering a similar full-service suite of deposit, lending, and card products to a defined membership base in PA.
- UFCW Northern California Employers Federal Credit Union: A federal credit union chartered to serve UFCW members in Northern California. Directly comparable as another single-SEG UFCW credit union with the same cooperative structure, member-owned model, and union-restricted field of membership serving grocery and food-retail workers.
- UFCW Local 23 Federal Credit Union: A federal credit union serving UFCW Local 23 members. Directly comparable as a UFCW-affiliated SEG credit union with the same cooperative structure, member-owned ownership model, and union-restricted field of membership serving food-retail workers.
- Members 1st Federal Credit Union: A Pennsylvania-based federal credit union with a broad community field of membership across central PA. Comparable as a PA-headquartered federal credit union offering similar deposit, vehicle loan, mortgage, and card products to members in the same geographic market.
- UFCW Local 880 Federal Credit Union: A federal credit union serving UFCW Local 880 members. Directly comparable as a UFCW-affiliated SEG credit union with the same narrow union-restricted field of membership, cooperative ownership model, and similar full-service deposit and loan product suite.
- UFCW Local 464A Federal Credit Union: A federal credit union serving UFCW Local 464A members. Comparable as another UFCW SEG credit union using the same member-owned cooperative model, similar loan and deposit product breadth, and union-restricted field of membership.
Broad incumbents
- PSECU (Pennsylvania State Employees Credit Union): A large Pennsylvania-based state-chartered credit union serving state employees and their families across PA. Comparable as a Pennsylvania-headquartered SEG credit union offering a similar full-service deposit and loan suite, but at substantially greater scale and with broader geographic and membership reach than the subject.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
ufcw local 1776 federal credit union financial estimates
Financial estimateRevenue estimate
Valuation estimate
ufcw local 1776 federal credit union leadership team
Management profileNumber of profiles
Profiles12 records
ufcw local 1776 federal credit union funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ufcw local 1776 federal credit union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ufcw local 1776 federal credit union
What does ufcw local 1776 federal credit union do?
UFCW Local 1776 Federal Credit Union is a not-for-profit, member-owned federal credit union providing personal banking, deposit, and lending services to UFCW Local 1776 and Local 152 union members and their families. Its core products include checking and savings accounts, money market accounts, share certificates, IRAs, vehicle loans, home equity loans, personal loans, credit builder loans, and credit cards, delivered through a physical branch in Plymouth Meeting, PA, plus online banking, a 24-hour Teller Line Connection phone service, and Visa check card network access.
Is ufcw local 1776 federal credit union a public or private company?
ufcw local 1776 federal credit union is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was ufcw local 1776 federal credit union founded?
ufcw local 1776 federal credit union was founded in -1.
Where is ufcw local 1776 federal credit union based?
ufcw local 1776 federal credit union is headquartered in Plymouth Meeting, United States, in the North America region.
How does ufcw local 1776 federal credit union make money?
Five revenue lines are on record. Loan Interest Income is the primary driver. The others are membership Share Account, savings and Certificate Accounts, fee-based Services and credit Card Income.
Who are ufcw local 1776 federal credit union's main competitors?
Direct peers on record are Police & Fire Federal Credit Union, Citadel Federal Credit Union, UFCW Northern California Employers Federal Credit Union, UFCW Local 23 Federal Credit Union, Members 1st Federal Credit Union, UFCW Local 880 Federal Credit Union and UFCW Local 464A Federal Credit Union. PSECU (Pennsylvania State Employees Credit Union) is listed as a broad incumbent.
Does ufcw local 1776 federal credit union have an API?
No public API is recorded for ufcw local 1776 federal credit union.
What industry is ufcw local 1776 federal credit union in?
ufcw local 1776 federal credit union's product category is Retail Banking. Its primary akta.pro industry code is FSABAEAA, Community Credit Unions (Retail/Consumer Focus), with a secondary code of FSAKAAAL, Bank & Credit Union Personal Loans (Unsecured Installment). Its NAICS code is 52213 and its SIC code is 6021.