berkeley county public schools fcu

What berkeley county public schools fcu does

Berkeley County Public Schools Federal Credit Union (BCPSFCU) is a federally chartered, member-owned cooperative credit union founded in 1973 and headquartered in Martinsburg, West Virginia. Its field of membership, as defined by its NCUA charter, is restricted to employees of Berkeley County Schools and their immediate family members. The institution operates from a single branch location and delivers consumer financial products including share savings accounts (advertised at 0.00% APY), share draft (checking) accounts, and a consumer loan portfolio priced across credit tiers at 5.00% to 18.00% APR. Member onboarding is supported through an online membership application workflow.

Digital banking services are delivered via a third-party hosted online and mobile platform (w-w-i-s.com), with no disclosed proprietary technology investment. The credit union's revenue mechanics follow the standard cooperative model: net interest margin on the loan portfolio less funding costs on member deposits, with any surplus returned to members in the form of better rates or reduced fees rather than distributed as profit. There is no publicly disclosed management team, no reported M&A or partnership activity, and rate disclosures on the institution's public materials carry an 'as of 6/12/2012' timestamp, indicating a long-stable, low-momentum operating profile with limited recent investment in product modernization or growth.

Name

berkeley county public schools fcu

Legal name

Berkeley County Public Schools Federal Credit Union

Website

https://bcpsfcu.com

Company type

Private

Founded year

1973

Operating status

Operating

Short description

Berkeley County Public Schools Federal Credit Union is a single-branch, NCUA-chartered member-owned cooperative founded in 1973, serving Berkeley County Schools employees and their immediate families in Martinsburg, WV with savings, checking, and consumer loan products delivered via a third-party online banking platform.

Ownership category

akta.pro rank

Product category

Federal Credit Union (Community / School-Employee Cooperative Banking)

NAICS

Credit Unions (52213)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

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

Keywords

• Credit union services
• Member savings accounts
• Auto loan financing
• Share draft checking
• Personal signature loans

Headquarters

HQ city

Martinsburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Loan Interest Income: The credit union generates revenue primarily through interest on loans including new and used auto loans, secured loans, and unsecured signature loans. Loan rates vary by credit score tier.
2. Share/Savings Account Fees: Revenue from membership fees ($5.00 non-refundable) and potential service fees. Share accounts have $5.00 minimum deposit requirement.
3. Deposit Account Services: Free checking (Share Draft) with no monthly fees generates revenue through float, transaction processing, and debit card usage.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels1 record

Core offering

Berkeley County Public Schools Federal Credit Union is a federally chartered, member-owned nonprofit credit union that provides deposit products (share savings, share draft checking, Christmas and vacation club accounts), consumer loans (new and used vehicle, signature, share-secured loans), debit-card access, and digital banking (online, mobile, free bill pay, free e-statements) to its defined field of membership. Membership is open to Berkeley County Schools employees and their immediate family members.

Product overview

Berkeley County Public Schools FCU offers a comprehensive suite of financial products and services through a credit union model. The core offering centers on Share Savings Accounts, which establish membership, paired with Share Draft (checking) accounts providing fee-free banking with VISA Debit Cards, Free Bill Pay, and Free E-Statements. The credit union provides a full range of lending products including New and Used Vehicle Loans with tiered rates based on credit scores (5.00%-11.50% for new; 5.50%-12.00% for used), Signature (unsecured) Loans up to $20,000, and Share/Secured Loans. Specialized savings products include Christmas Club and Vacation Club/Summer Savings accounts with annual maturity dates. Additional services include Mobile Banking for on-the-go access, Credit Disability and Life Insurance on loans, Payroll Deduction, Direct Deposit/ACH, and Free Notary Services. The portfolio is accessed primarily through third-party online banking platforms, with deposits federally insured by NCUA up to $250,000.

Differentiator

Problem solved

Functional benefit

Products and services

• Share Savings Account Basic member savings (share) account that establishes and maintains membership in the credit union for Berkeley County Schools employees and their immediate family members.
• Share Draft Account (Checking) Free checking account for members to conduct everyday transactions, paired with a VISA debit card, free bill pay, and free e-statements.
• Christmas Club Account Designated-purpose savings account to help members set aside funds for holiday/year-end expenses, typically funded through payroll deduction.
• Vacation / Summer Savings Account Designated-purpose savings account to help members accumulate funds for vacation or summer expenses, typically funded through payroll deduction.
• New Vehicle Loans Consumer auto loan financing for the purchase of new vehicles, with interest rates tiered by borrower credit score and repayment handled via payroll deduction or direct deposit.
• Used Vehicle Loans Consumer auto loan financing for the purchase of used vehicles, with interest rates tiered by borrower credit score and repayment handled via payroll deduction or direct deposit.
• Signature Loans Unsecured personal loans for members, with interest rates tiered by credit score, repayable via payroll deduction or direct deposit.
• Share Secured Loans Consumer loan collateralized by the member's share (savings) account, providing a low-risk credit-building borrowing option.
• Mobile Banking Mobile application enabling members to access accounts, view balances and history, and conduct digital banking from a smartphone.
• Online Banking Web-based banking portal allowing members to view accounts, transfer funds, and manage their finances online.
• VISA Debit Card Network-branded debit card issued to members in connection with their share draft (checking) account for point-of-sale and ATM access.
• Free Bill Pay Complimentary electronic bill payment service that lets members pay recurring bills directly from their share draft account without per-transaction fees.
• Free E-Statements Complimentary electronic delivery of periodic account statements to members in lieu of paper statements.
• Credit Disability Insurance Optional insurance product that continues to make loan payments on behalf of a member who becomes disabled and unable to work.
• Credit Life Insurance

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights2 records

Direct peers

• SchoolsFirst Federal Credit Union: Large federally chartered credit union serving California school employees and their families. Closest direct peer: same employer-based field of membership, same member-owned cooperative model, similar deposit and consumer-lending product set.
• University Federal Credit Union: Federally chartered credit union originally serving University of Texas employees that expanded into a broader education-community field of membership. Directly comparable model of employer/affinity-based field of membership with consumer deposit and lending products.
• BECU (Boeing Employees Credit Union): Originally serving Boeing employees, BECU is a large employer-affiliated credit union that has since broadened its field of membership. Same member-owned, employer-anchored DNA as BCPSFCU but at materially larger scale, making it a useful scaled-up comparator.
• First Tech Federal Credit Union: Federally chartered credit union serving employees of technology companies and their families. Operates a comparable employer-affiliated field of membership model with consumer deposit and lending products, though with a larger footprint and stronger digital offering.
• Langley Federal Credit Union: Federally chartered credit union serving a defined employer/affinity community (Langley-area federal employees) with consumer deposits, consumer loans, and digital banking. Same employer-group field-of-membership structure as BCPSFCU, with broader product breadth.
• Truliant Federal Credit Union: Originally chartered to serve employees of a single North Carolina employer, now serving a broader workforce-affinity field of membership with deposits, consumer loans, and digital banking. Relevant because it illustrates the scale-up trajectory available to employer-anchored CUs.
• Summit Credit Union: Wisconsin-based credit union with roots as an employer-affiliated institution that has expanded its field of membership. Comparable consumer deposit and lending product mix with a member-owned cooperative governance structure similar to BCPSFCU.
• Digital Federal Credit Union (DCU): Federally chartered credit union originally serving employees of Digital Equipment Corporation and other tech employers. Comparable employer-affiliated cooperative model with a more developed digital platform, illustrating where BCPSFCU could evolve with deeper digital investment.

Broad incumbents

• Alliant Credit Union: Large federally chartered credit union with a broad field of membership and a digital-first delivery model. Not employer-specific but a relevant industry incumbent that competes for the same consumer deposit and lending dollars BCPSFCU members might otherwise deploy.
• Navy Federal Credit Union: Largest U.S. credit union, federally chartered and serving the military community with deposits, consumer lending, mortgages, and digital banking. Industry incumbent illustrating the scale, product breadth, and digital capability gaps relative to small single-branch employer CUs like BCPSFCU.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/berkeley-county-public-schools-federal-credit-union

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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

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