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Overview / Commentary
215-969-0777
2060 Red Lion Rd
Philadelphia, PA 19115-1603

American Heritage Credit Union is headquartered in Philadelphia and is the 6th largest credit union in the state of Pennsylvania. It is also the 135th largest credit union in the nation. It was established in 1948 and as of March of 2014, it had grown to 337 employees and 127,984 members. American Heritage Credit Union has a B+ health rating.

Field of Membership Restrictions

American Heritage FCU membership is open to anyone who lives, works, worships or attends school in Philadelphia, Pennsylvania and certain other parts of the Metro area. You can also be eligible via Select Employer Groups and via immediate family. - See Details

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Special 5-Year CD Rates at American Heritage Federal Credit Union - 9/26/2013

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 American Heritage Credit Union had $11.9 million in non-current loans and owned real-estate with $128.54 million in equity and loan loss allowances on hand to cover it. This gives American Heritage Credit Union a Texas Ratio of 9.26% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for American Heritage Credit Union experienced no significant changes from 6.80% as of March 31, 2013 to 9.26% as of March 31, 2014, resulting in a negative change of 36.13%. This indicates that the balance sheet and financial strength for American Heritage Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, American Heritage Credit Union has increased its total deposits by $86.76 million, resulting in 8.6% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth American Heritage Credit Union has shown is excellent.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. American Heritage Credit Union has $1.43 billion in assets with $128.54 million in equity, resulting in a capitalization level of 8.97%, which is average.

Institution Statistics

Overall
NCUA #5621
Year Chartered1948
Employees337
Primary Regulator
Assets and Liabilities
Assets$1.43 billion
Loans$795.44 million
Deposits$1.10 billion
Equity Capital$122.87 million
Loan Loss Allowance$5.67 million
Unbacked Noncurrent Loans$11.12 million
Real Estate Owned$783,000
Historic Data - March 2013
Assets$1.33 billion
Equity Capital$120.59 million
Loan Loss Allowance$6.09 million
Unbacked Noncurrent Loans$11.12 million
Real Estate Owned$107,000
Profit Margin - Quarterly
Return on Assets0.73%
Return on Equity8.54%
Interest Income$12.09 million
Rates

Always verify rates and promotions with the bank or credit union. We are not American Heritage Credit Union, we are a rate comparison website and can not provide official rates or promotions.

American Heritage Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.26%$4k-Platinum IRA Share
0.20%$10k-Primary Share Savings
0.20%$10k-Holiday Club
0.20%$10k-Vacation Club
0.20%$10k-Little Patriots Club
0.20%--Regular IRA Share
0.20%$10k-Member Business Primary Share Savings
0.20%$10k-Member Business Secondary Share Savings
0.20%$10k-Identity Protection Savings

American Heritage Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.31%$75k-Platinum Money Market
0.31%$75k-Member Business Platinum Money Market
0.26%$50k-VIP Money Market
0.26%$50k-Member Business VIP Money Market
0.21%$25k-Money Market Account
0.21%$25k-Member Business Money Market Account

American Heritage Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.21%$25k-Platinum Checking Account
0.16%$7,500-Cash Management Checking
0.11%$1k-Totally Free Checking PLUS
0.11%$1k-Protection Checking
0.11%$5k-VIP Checking
0.10%$5k-VIP Business Checking

American Heritage Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.11%$1k-60 Month Share Certificate (In-Branch Rate)
2.00%$1k-Business 60 Month Share Certificate (In-Branch Rate)
1.76%$1k-48 Month Share Certificate
1.76%$1k-Business 48 Month Share Certificate
1.36%$1k-36 Month Share Certificate
1.36%$1k-Business 36 Month Share Certificate
1.15%$1k-30 Month Legacy Club Certificate
1.01%$1k-30 Month Share Certificate
1.01%$1k-Business 30 Month Share Certificate
0.86%$1k-24 Month Share Certificate
0.86%$1k-Business 24 Month Share Certificate
0.56%$1k-18 Month Share Certificate
0.56%$1k-Business 18 Month Share Certificate
0.51%$1k-13 Month Share Certificate
0.51%$1k-15 Month Share Certificate
0.51%$1k-Business 13 Month Share Certificate
0.51%$1k-Business 15 Month Share Certificate
0.46%$1k-11 Month Share Certificate
0.46%$1k-12 Month Share Certificate
0.46%$1k-Business 11 Month Share Certificate
0.46%$1k-Business 12 Month Share Certificate
0.45%$1k-10 Month Share Certificate
0.45%$1k-Business 10 Month Share Certificate
0.40%$1k-9 Month Share Certificate
0.40%$1k-Business 9 Month Share Certificate
0.35%$1k-7 Month Share Certificate
0.35%$1k-8 Month Share Certificate
0.35%$1k-Business 7 Month Share Certificate
0.35%$1k-Business 8 Month Share Certificate
0.31%$1k-6 Month Share Certificate
0.31%$1k-Business 6 Month Share Certificate
0.30%$1k-5 Month Share Certificate
0.30%$1k-Business 5 Month Share Certificate
0.25%$1k-4 Month Share Certificate
0.25%$1k-Business 4 Month Share Certificate
0.21%$1k-3 Month Share Certificate
0.21%$1k-Business 3 Month Share Certificate

American Heritage Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
4.00%$1k-4 Month IRA Certificate
2.11%$1k-60 Month IRA Certificate
1.76%$1k-48 Month IRA Certificate
1.36%$1k-36 Month IRA Certificate
1.15%$1k-30 Month Legacy Club IRA Certificate
1.01%$1k-30 Month IRA Certificate
0.86%$1k-24 Month IRA Certificate
0.56%$1k-18 Month IRA Certificate
0.51%$1k-13 Month IRA Certificate
0.51%$1k-15 Month IRA Certificate
0.46%$1k-11 Month IRA Certificate
0.46%$1k-12 Month IRA Certificate
0.45%$1k-10 Month IRA Certificate
0.40%$1k-9 Month IRA Certificate
0.35%$1k-7 Month IRA Certificate
0.35%$1k-8 Month IRA Certificate
0.31%$1k-6 Month IRA Certificate
0.30%$1k-5 Month IRA Certificate
0.21%$1k-3 Month IRA Certificate
Locations

American Heritage Credit Union has 25 locations. Click to view all American Heritage Credit Union locations.