Heritage Financial Federal Credit Union Middletown, New York
Heritage Financial Federal Credit Union is a federal credit union headquartered in Middletown, NY, established in 1940 (NCUA charter 24985), and it is regulated and insured by the NCUA. At Q2 2026 it reported 58,517 members and total assets of $808.0M, the 27th largest of 267 credit unions headquartered in New York. Its net worth ratio was 10.26% at Q2 2026, in the well capitalized band.
Also written as Heritage Financial FCU · Trade name filed with the NCUA: Financial Development Center, an extension of Heritage Financial Credit Union
BankRegReports is independent of Heritage Financial Federal Credit Union and never asks for online banking logins or passwords.
Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 24985
- Headquarters
- Middletown, NY
- Established
- 1940
- Total assets, Q2 2026
- $808.0M
- Members, Q2 2026
- 58,517
- Net worth ratio, Q2 2026
- 10.26%
- Latest call report
- Q2 2026, NCUA 5300 · Heritage Financial Federal Credit Union call report
- Asset rank in state
- 27th of 267 in New York
- Routing number
- 221978791
- Branches
- 14
1- to 4-family residential and other consumer real estate loans are its largest loan category, $380.9M of $667.4M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.61% is above the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026. Its 10.26% net worth ratio is below that band's 11.43% median.
Credit unions similar in size in New York
Credit unions merged into Heritage Financial Federal Credit Union
Frequently asked about Heritage Financial Federal Credit Union
How big is Heritage Financial Federal Credit Union?
At Q2 2026 it reported total assets of $808.0M and 58,517 members.
Where is Heritage Financial Federal Credit Union headquartered?
It is headquartered in Middletown, NY, United States.
When was Heritage Financial Federal Credit Union founded?
It was established in 1940, per NCUA records.
Is Heritage Financial Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 24985): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Heritage Financial Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Heritage Financial Federal Credit Union well capitalized?
Its net worth ratio was 10.26% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Heritage Financial Federal Credit Union's delinquency ratio?
Its delinquency ratio was 1.61% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Heritage Financial Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 99.06% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Middletown, NY 10941
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1940
- NCUA Charter #
- 24985
- RSSD ID
- 519977
- Members
- 58,517
- Potential members
- 2,181,213
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 1,341 credit unions with $100M to $1B in assets, as of Q2 2026. It is in the top quartile on 0 of 7 ranked measures and in the bottom quartile on 4.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 13.58% | 10.26% | 11.43% | 32nd below |
| Return on assets Middle half of peers: 0.43% to 1.23% | 0.33% | 0.81% | 19th bottom |
| Return on equity Middle half of peers: 3.87% to 9.84% | 3.19% | 7.02% | 20th bottom |
| Net interest margin Middle half of peers: 3.30% to 4.10% | 3.61% | 3.70% | 44th below |
| Efficiency ratio Middle half of peers: 68.90% to 83.49% | 82.08% | 76.55% | 30th below |
| Cost of funds Middle half of peers: 0.92% to 1.56% | 1.71% | 1.24% | 18th bottom |
| Delinquency ratio Middle half of peers: 0.39% to 1.12% | 1.61% | 0.68% | 12th bottom |
| Yield on assets Middle half of peers: 4.53% to 5.37% | 5.32% | 4.92% | 72nd position only |
| Loan-to-share ratio Middle half of peers: 62.05% to 86.41% | 99.06% | 75.66% | over 90th position only |
Quarterly trends
Last 2 quarters of 5300 filings. How these charts are built
$808.0M total assets; $673.7M total shares and deposits; $667.4M total loans.
$82.9M net worth.
10.26% net worth ratio.
99.06% loan-to-share ratio.
1.61% delinquency ratio.
0.33% return on assets; 3.19% return on equity.
3.61% net interest margin.
58,517 members.
Quarterly trend: last 2 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 10.26% | 0.33% | 1.61% | 99.06% |
| March 31, 2026 | 10.26% | 0.14% | 1.17% | 98.11% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 1% of the loan book, above the typical credit-union range. Worth watching the trend in coming quarters. BankRegReports early-warning band.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.