Sep, 30, 2025 — RICHMOND HERITAGE FEDERAL CREDIT UNION is a federal credit union headquartered in RICHMOND, VA with 1 branch location and about $10.38 million in total assets. Opened 90 years ago in 1936, RICHMOND HERITAGE FEDERAL CREDIT UNION has about 1,715 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RICHMOND HERITAGE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 50 W Commerce Rd RICHMOND, VA 23224-2316 |
| Phone: | (804) 233-8872 |
| Fax: | (804) 233-8869 |
| Website: | https://www.richheritage.org |
| Branches: | 1 branch locations |
| Members: | 1,715 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1282 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $10,384,663 |
| CEO/Manager: | Carl Brown |
| Chairperson: | Darrell Tyler |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,936,636 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,204,182 |
| Other Loans | 3,120,958 |
| TOTAL LOANS | 4,325,140 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -66,315 |
| Land And Building | 0 |
| Other Fixed Assets | 74,778 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 63,089 |
| All Other Assets | 0 |
| TOTAL ASSETS | 10,384,663 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,466 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 27,739 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 3,500,000 |
| Share Drafts | 873,435 |
| Regular shares | 5,426,862 |
| All Other Shares & Deposits | 59,401 |
| TOTAL SHARES & DEPOSITS | 6,359,698 |
| TOTAL LIABILITIES | 9,889,903 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 494,760 |
| TOTAL EQUITY | 494,760 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 10,384,663 |
| INCOME & EXPENSE | |
| Loan Income | 234,733 |
| Investment Income | 213,156 |
| Other Income | 71,297 |
| Total Employee Compensation & Benefits | 176,812 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 376,361 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 23,371 |
| Cost of Funds | 23,186 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -51,764 |
| ↑ Back to Top | |