Heritage Federal Credit Union

Overview / Commentary
5388 Old State Rd. 66
Newburgh, IN 47630

Heritage Federal Credit Union is headquartered in Newburgh and is the 14th largest credit union in the state of Indiana. It is also the 459th largest credit union in the nation. It was established in 1965 and as of June of 2023, it had grown to 215 employees and 65,939 members at 17 locations. Heritage Federal Credit Union's money market rates are 5X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership in Heritage Federal Credit Union is open to those who live, work, worship, or attend school in the Indiana counties of Clark, Crawford, Davies, Floyd, Gibson, Harrison, Knox, Perry, Pike, Posey, Spencer, Vanderburgh, or Warrick; the Kentucky counties of Crittenden, Daviess, Hancock, Henderson, Hopkins, McLean, Ohio, Union, or Webster; or the Illinois counties of Gallatin, Hardin, Lawrence, Wabash, or White. Immediate family and household members of a current Heritage Federal Credit Union members are also eligible for membership.
See current membership details

Related Posts

Heritage Federal Credit Union Adds Competitive 19-Month CD Special - 7/13/2023

Heritage Federal Credit Union (IN/KY/IL) is offering a limited-time, competitive 19-month CD Special that can be opened with a $500 minimum deposit. Also as an IRA.

Heritage Federal Credit Union Unveils 6% APY 10-Month CD Special - 6/22/2023

Heritage Federal Credit Union (IN/KY/IL) has added a limited-time 10-month Certificate Special offering a rate-leading APY. $500 minimum opening deposit.

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Reviews (1)

I will never switch!

Posted by: |

I have had an account with Heritage Federal Credit Union since I was a kid in school and have stuck by them as a secondary account even when I left Evansville. They have ALWAYS treated me respectfully and have assisted me many times. There have been two times in the last few years where they very much impressed me. I had made rather large purchases, which were definitely made by me. The purchases went through with my debit card just fine, but a member from the bank DID contact me anyway shortly after to ensure that the purchases were accurate because it was unusual activity. There was also a time recently where there was a hold on my account for a purchase that WAS NOT made by me, and a representative took care of it for me very quickly. She actually contacted me back after our initial conversation to let me know that they were looking into it further because it was a strange transaction (just seconds after a purchase that I DID make at the same location). She had the hold removed and I never had the transaction pull from my account. They are an amazing credit union and I will never close my account with them. I recommend them to everyone I know in Evansville.


Health Grade Components

NCUA #16626
Year Chartered1965
Primary Regulator
Profit Margin
Return on Assets - YTD0.79%
Return on Equity - YTD11.47%
Annual Interest Income$18.0MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$932.8MM$905.4MM
LoansQ2 2023vs Q2 2022$664.6MM$597.4MM
DepositsQ2 2023vs Q2 2022$778.4MM$800.8MM
Equity CapitalQ2 2023vs Q2 2022$64.1MM$63.7MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$3.9MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$1.3MM$4.2MM
Real Estate OwnedQ2 2023vs Q2 2022$0$0
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Always verify rates and promotions with the bank or credit union. We are not 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.

Heritage Federal Credit Union Savings Account Rates

2.25%*$750k*-Prime Performance Savings
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k | 0.15% $25k - $50k | 0.20% $50k - $100k | 0.25% $100k - $200k | 0.30% $200k - $250k | 0.75% $250k - $325k | 1.25% $325k - $500k | 1.75% $500k - $750k
1.00%--Health Savings Checking
0.75%*-$100kKasasa Saver
OTHER TIERS: 0.50% $100k+
0.30%--IRA Savings
0.15%*$25k*-Primary Share Account
OTHER TIERS: 0.05% $100 - $10k | 0.10% $10k - $25k
0.15%*$25k*-Christmas Club Account
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k
0.15%*$25k*-Primary Share < Age 19
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k
0.15%*$25k*-General Share
OTHER TIERS: 0.05% $100 - $10k | 0.10% $10k - $25k

Heritage Federal Credit Union Money Market Rates

3.75%*$500k*-Business Money Market Checking
OTHER TIERS: 2.25% $10k - $150k | 2.85% $150k - $350k | 3.00% $350k - $500k
2.25%*$750k*-Money Market Checking
OTHER TIERS: 0.15% $1k - $10k | 0.20% $10k - $25k | 0.25% $25k - $250k | 0.75% $250k - $325k | 1.25% $325k - $500k | 1.75% $500k - $750k

Heritage Federal Credit Union Checking Account Rates

3.40%*-$25kKasasa Cash Checking
OTHER TIERS: 0.50% $25k+

Heritage Federal Credit Union CD Rates

5.25%$500-8 Month CD Special
2.50%$500-3 Year CD
2.50%$500-4 Year CD
2.50%$500-5 Year CD
2.25%$500-2 Year CD
2.25%$500-30 Month CD
2.10%$500-18 Month CD
2.00%$500-1 Year CD
1.75%$2.5k-91 Day CD
1.75%$2.5k-6 Month CD

Heritage Federal Credit Union IRA Rates

5.25%$500-8 Month IRA Special
2.50%$500-3 Year IRA
2.50%$500-4 Year IRA
2.50%$500-5 Year IRA
2.25%$500-2 Year IRA
2.25%$500-30 Month IRA
2.10%$500-18 Month IRA
2.00%$500-1 Year IRA
1.75%$2.5k-91 Day IRA
1.75%$2.5k-6 Month IRA


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