American Heritage Federal Credit Union


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

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 106th largest credit union in the nation. It was established in 1948 and as of June of 2020, it had grown to 581 employees and 203,287 members at 33 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 the Pennsylvania cities of Ambler, Bensalem, Bridgeport, Bristol, Bryn Athyn, Butler, Cheltenham, Conshohocken, Fort Washington, Norristown, Penndel, Philadelphia, Souderton, Southampton, Tullytown, Villanova, or Warminster Heights, and employees of more than 700 Select Employer Groups.
See current membership details

Related Posts

American Heritage Credit Union Adds 11-Month Jumbo CD Special - 11/5/2020

American Heritage Federal Credit Union has added an 11-month Jumbo Share Certificate. Minimum deposit is $100k. Available to DE, NJ, and PA residents only.

American Heritage Credit Union Boosts 15-Month CD Rate - 10/24/2020

American Heritage Federal Credit Union (easy membership) has increased the rate of its 15-month Share Certificate. Minimum deposit is $500, with no stated balance cap.

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Reviews (5)

Good Experience

Posted by: |

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

Posted by: |

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.

Best Rates Not Available

Posted by: |

Apparently their best rates are not really available. The 15 mo. 1.25% APY rate is only for EXISTING customers. Even then, they said they would not honor the rate for those who do not live there - never mind sending money to their charity. Bit of a bait and switch.

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.

Poor Customer Service

Posted by: |

I wish, had read negative reviews on web before!

The American Heritage Credit Union (AHCU) assumes their clients are fraudulent by definition, not trustworthy, but clients can trust them with their money and business.

We applied online for a Jumbo CD account; it was a waste of one week of our time.

Monday, filled out AHCU online application and added wife as a joint owner, their system verified 10 security questions before accepting the application.
All went through fine and an email verified that.

Tuesday, they asked to upload a copy of driver licenses, we provided pictures of the front and the back of the D.Ls.

Wednesday, email asked for another Government ID, uploaded pictures of S.S. cards. Another email asked to unlock our Experian account for Credit background check, which I did (our FICOs are over 800).

Thursday, email asked to download two other forms, “LoanLiner” and “Member Identity” which had to be notarized! I told the Rep. we are not asking for a loan, we are transferring money to your bank and I have already provided all the personal information online, why do I need to repeat that and Why do I need to get notarized? Rep. said, we have to know about your current address!!
Being up in the age and COVID situation, I offered to upload our current home insurance and any current utility bill to confirm that, answer was NO! Finally asked the Rep., can I upload both forms, answer was Yes!

Friday 10am, uploaded notarized and LoanLiner forms, called back to see if all went OK, now the Rep. wanted me to mail the both documents to them before accepting the membership and opening an account!
Her reason, because AHCU does not trust uploaded notary documents until they have been examined by them! Rep. said, the notarization could be fake, that is an insult.

I tried to reason with the Rep., why would I provide you a fake document when I deposit a large sum of money! I offered to mail the docs and asked if now we could open an account, the answer was NO.

Finally, I talked to a manager, same story, now the manager wanted an additional notarization form for my wife, their notarization form asks for a “member only” not the joint owner, she added, “yes, we know that we have some problems with our forms”.

This Credit Union is the worst of any other financial organizations we have dealt with, they are totally clueless in what they are doing, poor customer service,
DO NOT trust your business or your money to them.



Health
B+

Health Grade Components

Overall
NCUA #5621
Year Chartered1948
Employees581
Primary Regulator
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD8.54%
Annual Interest Income$53.6MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$3.04B$2.60B
LoansQ2 2020vs Q2 2019$2.32B$1.89B
DepositsQ2 2020vs Q2 2019$2.31B$1.90B
Equity CapitalQ2 2020vs Q2 2019$239.2MM$211.1MM
Loan Loss AllowanceQ2 2020vs Q2 2019$10.4MM$9.1MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$14.8MM$9.5MM
Real Estate OwnedQ2 2020vs Q2 2019$286.00K$801.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not American Heritage Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

American Heritage Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$10k$1mHigh-Yield Savings (New Money Only)
0.36%$4k-Platinum IRA Share
0.31%--Regular IRA Share
0.16%*$10k*-Primary Share Savings
OTHER TIERS: 0.11% $100 - $10k
0.16%*$10k*-Holiday Club
OTHER TIERS: 0.11% $100 - $10k
0.16%*$10k*-Vacation Club
OTHER TIERS: 0.11% $100 - $10k
0.16%*$10k*-Little Patriots Club
OTHER TIERS: 0.11% $100 - $10k
0.16%*$10k*-Identity Protection Savings
OTHER TIERS: 0.11% $100 - $10k

American Heritage Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$50k-VIP Money Market
0.30%$75k-Platinum Money Market
0.25%*$25k*-Money Market Account
OTHER TIERS: 0.15% $2k - $25k

American Heritage Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.16%*$25k*-Platinum Checking Account
OTHER TIERS: 0.11% $7.5k - $25k
0.11%$7.5k-Cash Management Checking
0.10%$1k-Totally Free Checking PLUS
0.10%$1k-Identity Protection Checking
0.10%$5k-VIP Checking

American Heritage Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$1k$2k4 Month Share Certificate Special - New Money
1.25%$1k-15 Month Share Certificate
1.25%$1k-60 Month Share Certificate
1.15%$1k-48 Month Share Certificate
1.15%$100k-11 Month Jumbo Share Certificate Special
1.10%$1k-36 Month Share Certificate
0.95%$1k-59 Month Bump-Up CD
0.90%$1k-47 Month Bump-Up CD
0.85%$1k-30 Month Share Certificate
0.80%$1k-24 Month Share Certificate
0.75%$1k-18 Month Share Certificate
0.75%$1k-20 Month Share Certificate
0.65%$1k-12 Month Share Certificate
0.65%$1k-13 Month Share Certificate
0.50%$1k-7 Month Share Certificate
0.50%$1k-8 Month Share Certificate
0.50%$1k-9 Month Share Certificate
0.50%$1k-10 Month Share Certificate
0.50%$1k-11 Month Share Certificate
0.50%$1k-6 Month Share Certificate (Legacy Club)
0.40%$1k-6 Month Share Certificate
0.30%$1k-5 Month Share Certificate
0.25%$1k-4 Month Share Certificate
0.20%$1k-3 Month Share Certificate

American Heritage Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$1k$2k4 Month IRA Certificate Special - New Money
1.25%$1k-15 Month IRA Certificate
1.25%$1k-60 Month IRA Certificate
1.15%$1k-48 Month IRA Certificate
1.15%$100k-11 Month Jumbo IRA Certificate Special
1.10%$1k-36 Month IRA Certificate
0.95%$1k-59 Month Bump-Up IRA
0.90%$1k-47 Month Bump-Up IRA
0.85%$1k-30 Month IRA Certificate
0.80%$1k-24 Month IRA Certificate
0.75%$1k-18 Month IRA Certificate
0.75%$2k-20 Month IRA Certificate
0.65%$1k-12 Month IRA Certificate
0.65%$1k-13 Month IRA Certificate
0.50%$1k-7 Month IRA Certificate
0.50%$1k-8 Month IRA Certificate
0.50%$1k-9 Month IRA Certificate
0.50%$1k-10 Month IRA Certificate
0.50%$1k-11 Month IRA Certificate
0.50%$1k-6 Month IRA Certificate (Legacy Club)
0.40%$1k-6 Month IRA Certificate
0.30%$1k-5 Month IRA Certificate
0.25%$1k-4 Month IRA Certificate
0.20%$1k-3 Month IRA Certificate
Locations

Availability

Philadelphia Area

Interactive local rates map


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.