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GRAND HERITAGE FEDERAL CREDIT UNION

Sep, 30, 2025 — GRAND HERITAGE FEDERAL CREDIT UNION is a federal credit union headquartered in LAPORTE, IN with 3 branch locations and about $21.02 million in total assets. Opened 71 years ago in 1955, GRAND HERITAGE FEDERAL CREDIT UNION has about 2,078 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GRAND HERITAGE FEDERAL CREDIT UNION
Address:
(Main Office)
201 Koomler Dr
LAPORTE, IN 46350-2576
Phone:(219) 324-5220
Fax:(219) 324-5814
Website:https://www.ghfcu.com
Branches:3 branch locations
Members:2,078
Credit Union Type:Federal Credit Union
Charter Number:10666
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1955
Last Audited:Oct 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$21,022,037
CEO/Manager:JERI HESTERS
Chairperson:RONALD HEEG

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,486,768
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,822,652
 Unsecured Loans 539,696
 Other Loans 7,860,344
 TOTAL LOANS 10,222,691
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,449
 Land And Building 593,102
 Other Fixed Assets 61,813
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 196,310
 All Other Assets 0
  TOTAL ASSETS 21,022,037
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -70,086
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,098,196
 Regular shares 12,239,403
 All Other Shares & Deposits 2,778,101
  TOTAL SHARES & DEPOSITS 19,115,700
  TOTAL LIABILITIES 19,045,614
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,976,423
  TOTAL EQUITY 1,976,423
  TOTAL LIABILITIES, SHARES, & EQUITY 21,022,037
INCOME & EXPENSE  
 Loan Income 384,534
 Investment Income 180,276
 Other Income 325,037
 Total Employee Compensation & Benefits 212,434
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 570,486
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 44,272
 Cost of Funds 28,369
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 57,444
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