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 82nd largest credit union in the nation. It was established in 1948 and as of June of 2023, it had grown to 628 employees and 296,589 members at 32 locations. American Heritage Federal Credit Union's savings rates are 7X the national average, and it 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
4/19 - American Heritage Federal Credit Union Ups 15- And 18-Month CD Rates
2/23 - American Heritage Federal Credit Union Hikes 18-Month CD Rate Again
1/22 - American Heritage Federal Credit Union Has Rate-Leading 5-Year CD
12/18 - American Heritage Federal Credit Union Boosts 18-Month CD Rate
11/20 - American Heritage Federal Credit Union Ups All Certificate Rates
1/11 - American Heritage Federal Credit Union Ups 20-Month CD Rate
10/24 - American Heritage Credit Union Boosts 15-Month CD Rate
9/11/17 - American Heritage FCU Has Nationally Available 48-Month CD
3/11/16 - American Heritage FCU (Easy Membership) Offers Two Bump-Up CDs
10/5/15 - American Heritage FCU Offers Very Competitive 36-Month CD
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
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.
Require All Slips Signature
I stopped going to Red Lion Rd before the plandemic. The reason was the girls were putting in complaints about me and referencing certain things they felt not so comfortable. Well be respectful to the dress code and stop dressing up skanks. One dressed up like they were a night club or something.
I did consult a lawyer and the lawyer told me nothing they could do about it and they have to deal with their bullshit.
Coin machines not even worth it. the teller machines not worth it. no one needs to look to see what your amts in your accounts are.
If I had a loan close to being paid off I would go some place else. The programmer needs to do better job.
Beware If Out Of Area
they indicate you can join, but if you are not within their service area .... they will make it difficult for you. They require you to ALSO get a copy of the application notarized.
Appears to me to ONLY be required to discourage you from joining, AND, as noted, some of their products will not be available to you.
I recommend that if you are NOT within their service area that you just avoid this credit union.
Receiving Loan Payment Nightmare
The nicest people work here. You can tell over the phone that they do care and their culture is wholsesome. Having said that, I believe that their systems need upgrading. I have an auto loan with this bank and I tell you, it is very confusing and difficult to make a loan payment on their site. I have to constantly use my other credit union (PSECU) to send AHCU money. Making a payment should be the EASIEST of all financial transactions, however, with American Heritage Credit Union, that does not seem to be the case
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5621 |
| Year Chartered | 1948 |
| Employees | 628 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.84% |
| Return on Equity - YTD | 10.89% |
| Annual Interest Income | $107.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $4.67B$4.07B |
| Loans | Q2 2023vs Q2 2022 | $3.62B$3.05B |
| Deposits | Q2 2023vs Q2 2022 | $3.52B$3.18B |
| Equity Capital | Q2 2023vs Q2 2022 | $359.0MM$324.7MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $16.5MM$15.1MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $30.2MM$20.3MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
