Credit Unions Near Me
National Credit Union Service Organization

HERITAGE FEDERAL CREDIT UNION

Dec, 31, 2023 — HERITAGE FEDERAL CREDIT UNION is a federal credit union headquartered in NEWBURGH, IN with 16 branch locations and about $942.60 million in total assets. Opened 59 years ago in 1965, HERITAGE FEDERAL CREDIT UNION has about 66,082 members and employs 223 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 281378108
Name:HERITAGE FEDERAL CREDIT UNION
Address:
(Main Office)
8266 Bell Oaks Dr
NEWBURGH, IN 47630
Phone:(812) 853-8808
Fax:(812) 858-6535
Website:https://www.heritagefederal.org
Branches:16 branch locations
Members:66,082
Credit Union Type:Federal Credit Union
Charter Number:16626
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$942,595,806
CEO/Manager:Tony Aylsworth
Chairperson:Timothy O'Brien

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 54,108,951
TOTAL INVESTMENTS 0
Loans Held for Sale 1,301,130
 
 Real Estate Loans 378,281,205
 Unsecured Loans 33,300,298
 Other Loans 273,649,015
 TOTAL LOANS 685,537,413
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,465,789
 Land And Building 20,680,116
 Other Fixed Assets 4,838,582
 NCUSIF Deposit 7,387,110
 All Other Assets 373,248
  TOTAL ASSETS 942,595,806
LIABILITIES & CAPITAL:  
 Dividends Payable 347,129
 Notes & Interest Payable 60,000,000
 Accounts Payable & Other Liabilities 16,241,745
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 15,000,000
 Share Drafts 236,371,773
 Regular shares 253,534,496
 All Other Shares & Deposits 294,064,399
  TOTAL SHARES & DEPOSITS 783,970,668
  TOTAL LIABILITIES 875,752,898
 Regular Reserve 0
 Other Reserves -24,170,247
 Undivided Earnings 91,013,155
  TOTAL EQUITY 66,842,908
  TOTAL LIABILITIES, SHARES, & EQUITY 942,595,806
INCOME & EXPENSE  
 Loan Income 33,781,142
 Investment Income 4,543,878
 Other Income 5,756,675
 Total Employee Compensation & Benefits 19,320,898
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 17,712,647
 Non-operating Income & (Expense) 127,157
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,373,324
 Cost of Funds 11,224,330
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,822,674
↑ Back to Top

Other Credit Unions

EVANSVILLE FIREFIGHTERS FEDERAL CREDIT UNION
312 N 4TH AVE
EVANSVILLE, IN 47710
DUBOIS-PIKE FEDERAL CREDIT UNION
650 W 2nd St
JASPER, IN 47546
MARTIN COUNTY COOPERATIVE CREDIT UNION
201 mill st
LOOGOOTEE, IN 47553
WESTERN INDIANA CREDIT UNION
949 W State Road 154
SULLIVAN, IN 47882-7115
MEMBERS CHOICE FEDERAL CREDIT UNION
520 W Patterson Drive
BLOOMINGTON, IN 47403
EVANSVILLE FEDERAL CREDIT UNION
6209 Vogel Rd
EVANSVILLE, IN 47715
STERLING UNITED FEDERAL CREDIT UNION
1330 W FRANKLIN ST
EVANSVILLE, IN 47710-1028
ONE VISION FEDERAL CREDIT UNION
206 W Lewis and Clark Pkwy
CLARKSVILLE, IN 47129-1646
DIAMOND VALLEY FEDERAL CREDIT UNION
840 E Diamond Ave
EVANSVILLE, IN 47711-3420