Franklin Mint Federal Credit Union: Latest News, Top Stories & Analysis

Drew Stanley, incoming President/CEO of Franklin Mint Federal Credit Union, effective May 1, 2026.

CHADDS FORD, PA — Franklin Mint Federal Credit Union is preparing for a major leadership transition as President and Chief Executive Officer Michael B. Magnavita announced plans to retire effective …

Mergers and Acquisitions

Benchmark Federal Credit Union and Franklin Mint Federal Credit Union Announce Merger Agreement

June 15, 2025June 14, 2025 - by Timothy Alexander

WEST CHESTER, PA & CHADDS FORD, PA — Benchmark Federal Credit Union (BFCU) and Franklin Mint Federal Credit Union (FMFCU) have agreed to merge, pending regulatory approvals and a vote …