American Heritage Federal Credit Union
American Heritage Federal Credit Union is headquartered in Philadelphia and is the 5th largest credit union in the state of Pennsylvania. It is also the 101st largest credit union in the nation. It was established in 1948 and as of December of 2019, it had grown to 550 employees and 197,060 members at 32 locations. American Heritage Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in American Heritage Federal Credit Union is open to anyone through membership in the Kids-N-Hope Foundation. Membership is also open to individuals who live, work, worship, or attend school in Ambler, Bensalem, Bridgeport, Bristol, Bryn Athyn, Butler, Cheltenham, Conshohocken, Fort Washington, Norristown, Penndel, Philadelphia, Souderton, Southampton, Tullytown, Villanova, or Warminster Heights, Pennsylvania and employees of more than 700 Select Employer Groups.
See current membership details
Related Posts
2/15/15 - 4.00%APY CD + Bump-Up CD
12/31/13 - American Heritage FCU 5Yr CD Rate Cut
9/26/13 - Special 5-Year CD Rates at American Heritage Federal Credit Union
2/17/12 - Top Checking Bonus & CD Rates at American Heritage FCU in Philly
10/31/11 - $130 Checking Account Bonus at American Heritage FCU in Philly
8/30/11 - Top Long-Term CD Rates at American Heritage FCU in Philadelphia - Local Only
11/18/10 - Competitive Long-Term CD Rates at American Heritage FCU in Philadelphia - Local Only
10/14/09 - 2.25% 15-Month CD at American Heritage FCU in Philadelphia - Local Only
7/31/09 - 2.25% 10-Month CD at American Heritage FCU in Philadelphia - Local Only
8/9/07 - 5.60% 18-Month / 5.75% 60-Month CD at a Philadelphia CU (American Heritage)
10/17/06 - 10% 10-Month CD at a Philadelphia CU - $1K Max (American Heritage)
6/2/06 - 5.50% 13-Month CD at a Pennsylvania CU
Good Experience
I have banked with American Heritage since 2010. Even when I moved cross country, I was able to make deposits and withdraws at a shared branch that was near by so we stayed with them. When our account was hacked, they were the ones who noticed and send me a text immediately. They were able to investigate and decline the charge before it even posted to our account- I was very happy with how that was handled. Their mobile app is great and not only allows me to check my balances in all of my accounts, but it also allows me to transfer money between my accounts, pay bills and even check my credit score. I have had nothing but good experiences with this bank.
Love my credit union
I have had a checking account with American Heritage for about 6 years. The account is free every month as long as I make 2 transactions during the month. I do most of my banking online, but have been satisfied with the environment and attitude of employees on the occasions I have visited a branch. Generally speaking the online experience is acceptable, although the website is a bit more difficult to navigate compared to other banks I have had accounts with. I have tried to access the online chat feature several times, but found it unavailable. Apparently it is available only during normal business hours.
360 Day EWP
A little surprised this was listed with its Easy Membership rating under 5 year CDs. Anyone offering a good rate with a full year's penalty is bad news, IMHO.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5621 |
| Year Chartered | 1948 |
| Employees | 550 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 9.63% |
| Annual Interest Income | $101.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $2.75B$2.41B |
| Loans | Q4 2019vs Q4 2018 | $2.08B$1.71B |
| Deposits | Q4 2019vs Q4 2018 | $2.04B$1.74B |
| Equity Capital | Q4 2019vs Q4 2018 | $225.8MM$193.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $9.2MM$9.0MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $10.8MM$9.2MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $389.00K$1.2MM |
