Heritage Family Federal Credit Union

Overview / Commentary
30 Allen Street
Rutland, VT 05701

Heritage Family Federal Credit Union is headquartered in Rutland and is the 5th largest credit union in the state of Vermont. It is also the 553rd largest credit union in the nation. It was established in 1956 and as of December of 2020, it had grown to 171 employees and 48,730 members at 11 locations. Heritage Family Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership to Heritage Family Federal Credit Union is open to those who live, work, worship, go to school, volunteer, or regularly do business in the Vermont counties of Addison, Bennington, Rutland, Windham, or Windsor, or in the town of Hooksett, New Hampshire.
See current membership details

Reviews (4)

Great Local Bank

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I have only positive things to say about Heritage Family Credit Union. I use their location in Rutland, Vermont regularly. The bank provides a lot of great services, but their best quality by far....the top notch customer service. I remember a specific issue I had a few years ago where I accidentally overdrew one of my checking accounts. I called up Heritage and they were very helpful as far as resolving the issue. They even gave re-funded me the fee out of the kindness of their heart. They certainly did not need to do that. Further, they helped me set up my accounts so I would not have similar issue in the future. The customer service is always excellent. I've dealt with several departments at the bank including the loan department, and they have always been very helpful. The only downside, which I do feel has to be mentioned, is that the bank does not have the same technology as other larger banks. The mobile/web experience is only average. But, to me, that is a small price to pay. Overall, I highly recommend the bank.

Great Credit Union, Everything I Want In A Bank Without Any Of The Irritation Or Frustration Of Big Banks

I love Heritage Family as a bank. Good interest rates and interest on checking accounts, easy online banking system,  and as a shared branch of the credit union network I can access my accounts in-person at all sorts of other credit unions around the country, as well as surcharge-free ATMs. It's about as convenient as having a branch availablein anywhere you may go domestically, but not always as nearby as a big bank in a big city. HFCU charges $1 for most non-HFCU ATM transactions (in addition to any ATM's own surcharge), which is a slight irritant, but Chase and other banks often do $2. Far more so than competitors, HFCU is honest, straightforward, actually looking out for you as a member and your interests individually, and legitimately fair in their policies. In a decade of banking with them, I've never once felt as if I was getting the short end of some deal, say being charged a fee for something silly or trivial. They are the friendly neighborhood dream bank in It's a Wonderful Life. They handle me well, they handle my money well, and they make it easy and convenient for me to do what I need with it when and where I want to.


They don't always have the most advanced conveniences, like depositing a check from a picture message. For me, those advancements are great, but not worth the tradeoff in service and bank culture. I love it and highly recommend it.

Pretty Crappy.

I've been a client with them for a few years. They're pretty incompetent. Not inclusive I've had these problems:

Inconsistent application of fee schedules.

Changes to my CCs with them, with them only telling me after the fact.

Inconsistent and slow processing of transactions and holds.

Tellers and managers not having consistent information about their products and services. With one time a teller giving me a phone number to cardholder services, and they gave me the number to an AD/scam hotline instead!

Their call center hours are consistently horrible, if you work 9-5, you're out of luck. Also their staffing is pretty skimpy, wait times of 15-20 minutes to get a human are commonplace.

They also don't empower their employees. In order to get anything done you pretty much need to talk directly to a manager or a branch manager.

If you like headaches and unpleasant surprises, this is the credit union for you.


These people are quite possibly the ABSOLUTE WORST bank EVER. They DON'T care about providing a service. They DON'T care about the people who trust them with their money. WHY are the in business ??


Health Grade Components

NCUA #24742
Year Chartered1956
Primary Regulator
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD9.57%
Annual Interest Income$24.1MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$627.1MM$511.0MM
LoansQ4 2020vs Q4 2019$410.8MM$403.2MM
DepositsQ4 2020vs Q4 2019$569.3MM$446.8MM
Equity CapitalQ4 2020vs Q4 2019$50.2MM$45.6MM
Loan Loss AllowanceQ4 2020vs Q4 2019$4.5MM$4.7MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$3.2MM$7.4MM
Real Estate OwnedQ4 2020vs Q4 2019$2.9MM$13.00K
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Always verify rates and promotions with the bank or credit union. We are not Heritage Family 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 Family Federal Credit Union Savings Account Rates

0.40%*$5k*-Health Savings Account (HSA)
OTHER TIERS: 0.20% Up to $5k
0.15%--IRA Share Savings Account
0.15%--IRA Payroll Account
0.12%$25-Share Savings Account
0.12%--Holiday Club
0.12%--Vacation Club Account
0.12%--Fuel Account
0.12%--Business Primary Share Account
0.12%--Tax Account

Heritage Family Federal Credit Union Money Market Rates

0.35%*$50k*-Business Money Market Share
OTHER TIERS: 0.15% $1k - $20k | 0.20% $20k - $35k | 0.30% $35k - $50k
0.35%*$50k*-Money Market Share Account
OTHER TIERS: 0.15% $1k - $20k | 0.20% $20k - $35k | 0.30% $35k - $50k

Heritage Family Federal Credit Union Checking Account Rates

0.45%$1k-Business High Yield Account
0.20%*$5k*-Business Plus Share Draft Account
OTHER TIERS: 0.10% $2.5k - $5k
0.05%--Premier Share Draft Account

Heritage Family Federal Credit Union CD Rates

0.60%$1k-36 Month Share Certificate
0.55%$1k-24 Month Share Certificate
0.50%$1k-12 Month Share Certificate
0.35%$1k-6 Month Share Certificate
0.20%$1k-3 Month Share Certificate

Heritage Family Federal Credit Union IRA Rates

0.50%$500-18 Month IRA Certificate


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