Overview
What is Heritage Financial Credit Union?
Heritage Financial Credit Union, based on the provided information, is a distinctive credit union committed to delivering various programs with a significant focus on retail lending. The organization sets itself apart from competitors to offer unique financial solutions to its members. While the given description includes links to their website, the summary does not rely on those sources to ensure a natural tone and maintain the maximum word limit.
Official website here: www.heritagefcu.com
Is Heritage Financial Credit Union legitimate?
Heritage Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Heritage Financial Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,614,757
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,667,355
For more financial information, click here
Official website here: www.heritagefcu.com
What is the mission statement of Heritage Financial Credit Union?
Heritage Financial Credit Union sets itself apart as a distinctive credit union, dedicated to delivering unique programs. A significant part of their mission involves active engagement in retail lending. In their own words, they aim to differentiate themselves from other financial institutions. Their commitment extends beyond routine banking services, making them a notable choice.
Official website here: www.heritagefcu.com
Who is the CEO of Heritage Financial Credit Union?
Michael Ciriello is the CEO of Heritage Financial Credit Union The CEO's salary of Heritage Financial Credit Union is $556,348 and their total compensation is $594,079.
Official website here: www.heritagefcu.com
What is the revenue of Heritage Financial Credit Union?
Heritage Financial Credit Union's revenue in 2024 was $43,533,935.
Official website here: www.heritagefcu.com
Who are the executives of Heritage Financial Credit Union and what are their salaries?
The average compensation at Heritage Financial Credit Union during 2024 was $49,483. There are 228 employees and 11 volunteers at Heritage Financial Credit Union.
Here are 29 key members and their salaries (Heritage Financial Credit Union's CEO's salary is $556,348 and their total compensation is $594,079):
- Compensation: $556,348
- Related: $0
- Other: $37,731
- Compensation: $290,979
- Related: $0
- Other: $31,149
- Compensation: $204,882
- Related: $0
- Other: $18,984
- Compensation: $180,691
- Related: $0
- Other: $14,541
- Compensation: $171,134
- Related: $0
- Other: $15,922
- Compensation: $169,033
- Related: $0
- Other: $17,569
- Compensation: $170,825
- Related: $0
- Other: $5,012
- Compensation: $154,569
- Related: $0
- Other: $20,379
- Compensation: $165,565
- Related: $0
- Other: $8,804
- Compensation: $137,121
- Related: $0
- Other: $28,532
- Compensation: $138,510
- Related: $0
- Other: $7,461
- Compensation: $125,819
- Related: $0
- Other: $15,137
- Compensation: $135,783
- Related: $0
- Other: $3,075
- Compensation: $129,608
- Related: $0
- Other: $6,320
- Compensation: $105,657
- Related: $0
- Other: $25,890
- Compensation: $118,793
- Related: $0
- Other: $11,325
- Compensation: $129,635
- Related: $0
- Other: $0
- Compensation: $120,950
- Related: $0
- Other: $3,216
- Compensation: $99,909
- Related: $0
- Other: $21,907
- Compensation: $112,821
- Related: $0
- Other: $6,128
- Compensation: $99,336
- Related: $0
- Other: $12,512
- Compensation: $96,786
- Related: $0
- Other: $8,128
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.heritagefcu.com
Where can I find the form 990 for Heritage Financial Credit Union?
Heritage Financial Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.heritagefcu.com
Learn more at the official website: www.heritagefcu.com
Mission Statement of Heritage Financial Credit Union
Heritage Financial Credit Union stands out as a unique and distinct financial institution. With a strong commitment to delivering difference-making services, the credit union's primary focus lies in retail lending.
Heritage Financial Credit Union's mission is geared towards setting itself apart from other financial organizations. By offering various programs tailored to its members, the credit union seeks to create a positive impact in the financial lives of its clients. The largest of these initiatives revolves around retail lending.
The credit union's dedication to its mission is evident in its various offerings. It strives to provide its members with competitive interest rates, flexible repayment terms, and personalized customer service. Through these offerings, Heritage Financial Credit Union aims to help its members achieve their financial goals and improve their overall financial well-being.
In summary, Heritage Financial Credit Union is a credit union that sets itself apart from competitors through its mission to offer various programs, with a significant focus on retail lending. By providing competitive interest rates, flexible repayment terms, and personalized customer service, the credit union seeks to help its members achieve their financial goals and enhance their financial well-being.
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Impact
October, 2024
Heritage Financial Credit Union plays a significant role in the community by providing various financial services and retail lending options that cater to the needs of its members. By focusing on being a unique and distinct credit union, it fosters a sense of belonging and support among its members in Middletown, NY.
The credit union is committed to enhancing the financial well-being of its community through tailored programs and services that promote financial literacy and responsible borrowing. This not only empowers individuals but also strengthens the overall economic health of the region. The emphasis on public benefit demonstrates Heritage Financial’s dedication to creating a positive impact and ensuring that financial resources are accessible to all members, ultimately supporting community growth and resilience.
This information is meant to be a general summary of Heritage Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $2,109,766
- Program Service Revenue: $41,386,809
- Gross Receipts: $46,003,787
Assets and Liabilities:
- Total Assets: $623,273,313
- Total Liabilities: $576,098,428
- Net Assets: $47,174,885
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest Income
Revenue
$34,991,231
Service Charges & Fees
Revenue
$3,442,499
Other Non Interest Inc
Revenue
$2,953,079
Organization Details
Founding Year
1940
Principal Officer
Michael J Ciriello
Website
www.heritagefcu.comNTEE Category
Code: W61 - Public benefit
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