United Heritage Credit Union

PO Box 1648
Austin, TX 78767
800.531.2328
www.uhcu.org

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United Heritage Credit Union is headquartered in Austin and is the 22^nd largest credit union in the state of Texas. It is also the 294^th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 185 employees and 55,075 members. United Heritage Credit Union's savings rates are 2X the national average, and it has a 4-star health rating.

CD Special & Reward Checking Update at United Heritage Credit Union in Texas - 6/29/2011

United Heritage Credit Union is offering a special 18-month CD with a 1.38% APY. It's called the Got Green CD Promo, and it's listed at the credit union's promotions page as of 6/29/2011. As usual, it ...

Special IRA CD Rates at United Heritage Credit Union in Texas - Local Only - 2/4/2011

This time of year it's common for credit unions to offer deals on their IRA CDs. This year you have until April 18th to make an IRA contribution for 2010. The latest credit union to offer an IRA CD sp ...

Survey of the Best Checking Accounts in Austin Texas - 9/9/2010

I'm starting a new blog feature. I've been posting on new reward checking accounts for the last four years, and we now have a large database of reward checking accounts across the nation. These can be ...

United Heritage Credit Union in Texas Reopens Rewards Checking with Lower Cap and More Requirements - 6/27/2010

United Heritage Credit Union has reopened its reward checking account, Heritage Checking. In February 2009, it suspended the opening of new accounts, but the program continued for existing members. At ...

2010

2009

1/8 - 4.30% 15-Month IRA CD at United Heritage Credit Union in Texas

2007

6/2 - 3.01% Reward Checking Account at a Texas CU (United Heritage)

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See Rates for: Checking | Savings | CD | IRA

United Heritage Credit Union Checking Account Rates

Apy	Min	Max	Product
1.01%	-	$10k	Heritage Checking
0.60%	$100k	-	VIP Money Market
0.10%	$500	-	CheckPlus

United Heritage Credit Union Savings Account Rates

Apy	Min	Max	Product
1.28%	$10k	-	Independence Account
0.40%	-	-	IRA - Variable Rate
0.40%	-	-	Roth IRA - Variable Rate
0.25%	-	-	Holiday Club Account
0.25%	-	-	Youth Account
0.20%	$100	$2k	Regular Savings
0.20%	$100	$2k	Special Savings
0.20%	$250	$2k	Smart Business Savings

United Heritage Credit Union CD Rates

Apy	Min	Max	Product
1.82%	$1k	-	60 Month CD
1.34%	$1k	-	48 Month CD
1.29%	$1k	-	36 Month CD
0.80%	$1k	-	24 Month CD
0.60%	$1k	-	12 Month CD
0.60%	$1k	-	18 Month CD
0.35%	$1k	-	6 Month CD
0.20%	$1k	-	3 Month CD

United Heritage Credit Union IRA Rates

Apy	Min	Max	Product
1.82%	$1k	-	60 Month Fixed Rate IRA
1.82%	$1k	-	60 Month Fixed Rate Roth IRA
1.34%	$1k	-	48 Month Fixed Rate IRA
1.34%	$1k	-	48 Month Fixed Rate Roth IRA
1.29%	$1k	-	36 Month Fixed Rate IRA
1.29%	$1k	-	36 Month Fixed Rate Roth IRA
1.29%	$1k	-	36 Month Roth IRA Special
0.80%	$1k	-	24 Month Fixed Rate IRA
0.80%	$1k	-	24 Month Fixed Rate Roth IRA
0.60%	$1k	-	12 Month Fixed Rate IRA
0.60%	$1k	-	12 Month Fixed Rate Roth IRA

Rates updated: 5/27/2012 * Not all products updated

Data for Q4 2011

Institution Statistics

UNITED HERITAGE
NCUA #	68251
BankRate Report	View
Year Chartered	1957
Employees	185
Primary Regulator
Assets and Liabilities
Assets	$684.44 million
Loans	$457.01 million
Deposits	$606.62 million
Equity Capital	$53.95 million
Loan Loss Allowance	$3.29 million
Unbacked Noncurrent Loans	$830,000
Real Estate Owned	$3.75 million
Historic Data - December 2010
Assets	$651.70 million
Equity Capital	$50.27 million
Loan Loss Allowance	$3.20 million
Unbacked Noncurrent Loans	$7.99 million
Real Estate Owned	$4.07 million
Profit Margin - Quarterly
Net Interest Margin	4.87%
Return on Assets	0.46%
Return on Equity	5.86%
Interest Income	$26.82 million
Non-Interest Income	$10.01 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 United Heritage Credit Union had $4.58 million in non-current loans and owned real-estate with $57.24 million in equity and loan loss allowances on hand to cover it. This gives United Heritage Credit Union a Texas Ratio of 8.00% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for United Heritage Credit Union decreased significantly from 22.55% as of December 31, 2010 to 8.00% as of December 31, 2011, resulting in a positive change of 64.52%.This indicates that the balance sheet and financial strength for United Heritage Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, United Heritage Credit Union has increased its total deposits by $38.27 million, resulting in 6.73% 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 United Heritage Credit Union has shown is excellent.
Capitalization
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. United Heritage Credit Union has $684.44 million in assets with $57.24 million in equity, resulting in a capitalization level of 8.36%, which is average.