Credit Unions Near Me
National Credit Union Service Organization

HERITAGE FAMILY FEDERAL CREDIT UNION

Dec, 31, 2023 — HERITAGE FAMILY FEDERAL CREDIT UNION is a federal credit union headquartered in RUTLAND, VT with 11 branch locations and about $738.81 million in total assets. Opened 68 years ago in 1956, HERITAGE FAMILY FEDERAL CREDIT UNION has about 50,429 members and employs 178 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)
26 Allen St
RUTLAND, VT 05701
Phone:(802) 775-4930
Fax:
Website:https://www.hfcuvt.com
Branches:11 branch locations
Members:50,429
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, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$738,810,549
CEO/Manager:Chris Gomez
Chairperson:Kevin Loso

Call Report

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

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 31,983,758
TOTAL INVESTMENTS 0
Loans Held for Sale 811,629
 
 Real Estate Loans 294,421,290
 Unsecured Loans 44,655,375
 Other Loans 188,045,383
 TOTAL LOANS 527,289,731
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,259,445
 Land And Building 16,278,074
 Other Fixed Assets 2,146,402
 NCUSIF Deposit 5,980,430
 All Other Assets 204,801
  TOTAL ASSETS 738,810,549
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 60,260,000
 Accounts Payable & Other Liabilities 11,429,714
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 148,510,383
 Regular shares 289,590,246
 All Other Shares & Deposits 169,916,288
  TOTAL SHARES & DEPOSITS 608,016,917
  TOTAL LIABILITIES 679,956,135
 Regular Reserve 0
 Other Reserves -23,935,374
 Undivided Earnings 82,789,788
  TOTAL EQUITY 58,854,414
  TOTAL LIABILITIES, SHARES, & EQUITY 738,810,549
INCOME & EXPENSE  
 Loan Income 28,856,949
 Investment Income 5,947,854
 Other Income 6,912,094
 Total Employee Compensation & Benefits 15,211,301
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 14,182,702
 Non-operating Income & (Expense) -27,217
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,828,673
 Cost of Funds 5,988,738
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 8,917,418
↑ Back to Top

Other Credit Unions

WHITE RIVER CREDIT UNION
96 N Main St
ROCHESTER, VT 05767-9704
VERMONT VA FEDERAL CREDIT UNION
PO Box 917
WHITE RIVER JUN, VT 05001
CENTRAL VERMONT MEDICAL CENTER,INC. CREDIT UNION
130 Fisher Rd
BERLIN, VT 05602
MEMBERS 1ST CREDIT UNION
10 Browne Ct
BRATTLEBORO, VT 05301-4427
CREDIT UNION OF VERMONT
2 S Main St
RUTLAND, VT 05701-4262
OPPORTUNITIES CREDIT UNION
25 Winooski Falls Way
WINOOSKI, VT 05404
ONE CREDIT UNION
380 RIVER ST
SPRINGFIELD, VT 05156
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION
265 S Main St
BARRE, VT 05641-4815
RIVER VALLEY CREDIT UNION
PO Box 8366, 820 Putney Rd
BRATTLEBORO, VT 05304
GREEN MOUNTAIN CREDIT UNION
1250 Shelburne Rd
SOUTH BURLINGTON, VT 05403-7783