Overview / Commentary
Members Heritage Credit Union is headquartered in Lexington and is the 7th largest credit union in the state of Kentucky. It is also the 710th largest credit union in the nation. It was established in 1960 and as of September of 2022, it had grown to 79 employees and 50,015 members at 6 locations. Members Heritage Credit Union has an A health rating.
Field of Membership Restrictions
Membership to Members Heritage Credit Union is open to anyone who lives, works, worships, attends school, or has family in the Kentucky counties of Anderson, Bourbon, Bath, Boyle, Clark, Estill, Fayette, Franklin, Garrard, Harrison, Jessamine, Lincoln, Madison, Mercer, Menifee, Montgomery, Morgan, Nicholas, Powell, Rowan, Scott, or Woodford.
See current membership details
Health
A
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68661 |
| Year Chartered | 1960 |
| Employees | 79 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 4.85% |
| Annual Interest Income | $10.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $513.9MM$496.9MM |
| Loans | Q3 2022vs Q3 2021 | $311.5MM$278.7MM |
| Deposits | Q3 2022vs Q3 2021 | $458.4MM$444.7MM |
| Equity Capital | Q3 2022vs Q3 2021 | $53.0MM$50.1MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $1.2MM$1.4MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $1.1MM$1.3MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$5.00K |