First Heritage Federal Credit Union is headquartered in Corning and is the 28th largest credit union in the state of New York. It is also the 586th largest credit union in the nation. It was established in 1954 and as of December of 2020, it had grown to 129 employees and 42,310 members at 11 locations. First Heritage Federal Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.
First Heritage Federal Credit Union offers membership to those who live, work, worship, or attend school in Chemung or Steuben Counties, New York or Tioga County, Pennsylvania.
See current membership details
I have been banking with First Heritage Credit Union since I was a young child. My first checking account was opened up by my parents, and since then I have used First Heritage for many of my other banking needs including opening a savings account, a CD account, and my first credit card. One of the best things about First Heritage is the friendly customer service and the ability to do a lot of different kinds of things. In my rural county, we have a local office right in my hometown, which is super convenient. I know all the tellers and they know me. I love having that personal feel in my banking. I have tried other corporate banks in the past but it's not the same. No where else have I found such attention to detail to my needs while at the same time offering me that small town feel.
Overall | |
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NCUA # | 9604 |
Year Chartered | 1954 |
Employees | 129 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.34% |
Return on Equity - YTD | 3.23% |
Annual Interest Income | $16.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2020vs Q4 2019 | $585.1MM$493.0MM |
Loans | Q4 2020vs Q4 2019 | $393.7MM$340.8MM |
Deposits | Q4 2020vs Q4 2019 | $520.6MM$432.6MM |
Equity Capital | Q4 2020vs Q4 2019 | $60.8MM$57.5MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $2.9MM$2.3MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $2.1MM$1.3MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $112.00K$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | $250k* | - | Money Manager Account | ||
OTHER TIERS: 0.10% → $2.5k - $50k | 0.20% → $50k - $100k | 0.35% → $100k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.50%* | - | $10k | Kasasa Cash Checking | ||
OTHER TIERS: 0.20% → $10k+ | |||||
0.25% | $5 | - | CU Succeed Checking Account | ||
0.10% | $5k | - | Business Checking Account |