Credit Unions Near Me
National Credit Union Service Organization

HERITAGE FAMILY FEDERAL CREDIT UNION

Jun, 30, 2021 — HERITAGE FAMILY FEDERAL CREDIT UNION is a federal credit union headquartered in RUTLAND, VT with 11 branch locations and about $686.88 million in total assets. Opened 65 years ago in 1956, HERITAGE FAMILY FEDERAL CREDIT UNION has about 48,779 members and employs 176 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HERITAGE FAMILY FEDERAL CREDIT UNION
Address:
(Main Office)
30 ALLEN ST
RUTLAND, VT 05701
Phone:(802) 775-4930
Fax:
Website:http://www.hfcuvt.com
Branches:11 branch locations
Members:48,779
Credit Union Type:Federal Credit Union
Charter Number:24742
Membership Type:Community - Rural District
Corporate Credit Union:No
Year Opened:1956
Last Audited:Jun 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$686,883,323
CEO/Manager:Matthew Levandowski
Chairperson:Kevin Loso

Call Report

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

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 144,498,969
TOTAL INVESTMENTS 80,243,040
Loans Held for Sale 5,982,465
 
 Real Estate Loans 235,409,756
 Unsecured Loans 36,301,129
 Other Loans 146,050,589
 TOTAL LOANS 418,646,199
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,223,181
 Land And Building 17,310,129
 Other Fixed Assets 2,396,172
 NCUSIF Deposit 5,362,677
 All Other Assets 16,666,853
  TOTAL ASSETS 686,883,323
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,478,239
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 148,424,754
 Regular shares 309,902,026
 All Other Shares & Deposits 169,521,666
  TOTAL SHARES & DEPOSITS 627,848,446
  TOTAL LIABILITIES 635,326,685
 Regular Reserve 10,438,721
 Other Reserves -10,401,057
 Undivided Earnings 51,518,974
  TOTAL EQUITY 51,556,638
  TOTAL LIABILITIES, SHARES, & EQUITY 686,883,323
INCOME & EXPENSE  
 Loan Income 10,746,364
 Investment Income 431,573
 Other Income 3,784,779
 Total Employee Compensation & Benefits 6,619,407
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,448,433
 Non-operating Income & (Expense) -12,283
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 637,743
 Cost of Funds 1,083,236
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,610,510
↑ Back to Top

Other Credit Unions

VERMONT VA FEDERAL CREDIT UNION
PO BOX 917
WHITE RIVER JUN, VT 05001
CENTRAL VERMONT MEDICAL CENTER,INC. CREDIT UNION
130 FISHER RD-BERLIN, PO BOX 547
BARRE, VT 05641
MEMBERS 1ST CREDIT UNION
PO Box 8245
BRATTLEBORO, VT 05304-8245
CREDIT UNION OF VERMONT
2 S Main St
RUTLAND, VT 05701-4262
WHITE RIVER CREDIT UNION
PO Box 419
ROCHESTER, VT 05767-0419
GREEN MOUNTAIN CREDIT UNION
1250 Shelburne Rd
SOUTH BURLINGTO, VT 05403-7783
OPPORTUNITIES CREDIT UNION
PO BOX 67
WINOOSKI, VT 05404
ONE CREDIT UNION
380 RIVER ST
SPRINGFIELD, VT 05156
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION
PO Box 745
BARRE, VT 05641
RIVER VALLEY CREDIT UNION
PO Box 8366, 820 Putney Rd
BRATTLEBORO, VT 05304