Credit union
Heritage Financial Federal Credit Union
Middletown, New York, Orange County, NY
$808M in total assets and 58,517 members, the 562nd largest of 4,298 US credit unions and 27th of 268 headquartered in New York.
- NCUA charter
- 24985
- Charter
- Federal
- Chartered
- 1940
- NCUA insured since
- 1971
- Field of membership
- Community credit unions
- Low-income designation
- Yes
- Website
- https://www.heritagefcu.com
Earlier filings under Heritage Financial Credit Union (charter 68711), Hudson Heritage Federal Credit Union (charter 3962), before a charter conversion, are included in the history below.
At a glance
Compared with 66 federally insured credit unions in New York with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $808M | 97% | $206M | |
| Loans | $667M | 98% | $118M | |
| Deposits (shares) | $674M | 96% | $177M | |
| Members | 58,517 | 98% | 13,298 | |
| Return on assets | 0.23% | 11% | 0.95% | |
| Net interest income to assets | 3.56% | 42% | 3.68% | |
| Efficiency ratio | 82.4% | 74% | 74.8% | |
| Net worth ratio | 10.26% | 30% | 11.73% | |
| Loans to shares | 99% | 94% | 73% | |
| Cost of deposits | 1.73% | 83% | 1.15% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 8.6% a year over 10 years and 8.6% a year over the last 5, without mergers. Membership grew 6.1% a year over 5 years, to 58,517.
Where they operate
14 branches in 4 counties.
1 of 14 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Orange County, NY | 9 | 8.3% | 3 of 32 |
| Ulster County, NY | 2 | 3.3% | 10 of 24 |
| Pike County, PA | 2 | 14.3% | 1 of 8 |
| Dutchess County, NY | 1 | 1.1% | 18 of 19 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| Jun 2026 | 14 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 1.61% | 0.73% |
| Net worth ratio | 10.26% | 11.73% |
| Loans to shares | 99% | 73% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in New York
Most branches in Orange County, NY
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.