Overview / Commentary
Heritage Financial Credit Union is headquartered in Middletown and is the 31st largest credit union in the state of New York. It is also the 678th largest credit union in the nation. It was established in 1940 and as of March of 2022, it had grown to 130 employees and 44,496 members at 12 locations. Heritage Financial Credit Union has an A health rating.
Field of Membership Restrictions
Heritage Financial Credit Union is open to those who live, work, worship, attend school or volunteer in Orange, Ulster, Dutchess or Rockland counties in New York, Pike County, Pennsylvania; or Sussex County, New Jersey.
See current membership details
Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68711 |
| Year Chartered | 1940 |
| Employees | 130 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 12.64% |
| Annual Interest Income | $4.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $547.6MM$520.9MM |
| Loans | Q1 2022vs Q1 2021 | $422.3MM$387.4MM |
| Deposits | Q1 2022vs Q1 2021 | $485.1MM$460.2MM |
| Equity Capital | Q1 2022vs Q1 2021 | $45.6MM$41.7MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $3.1MM$3.6MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $1.6MM$1.8MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$315.00K |
