Charter 24985 · Middletown, NY
Heritage Financial Federal Credit Union
Heritage Financial Federal Credit Union is a federally chartered credit union in Middletown, New York, with $808 million in assets and 58,517 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 10.26%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Financial Development Center, an extension of Heritage Financial Credit Union.
- Total assets
- $808 million
- – in a year
- Members
- 58,517
- – in a year
- Net worth ratio
- 10.26%
- Peer median 10.79%
- Loans 60+ days late
- 1.61%
- Peer median 0.67%
- Loans outstanding
- $667 million
- – in a year
- Shares and deposits
- $674 million
- – in a year
- Branches
- 14
- 150 employees
- Opened
- 1940
- Federal charter
How Heritage Financial Federal Credit Union compares
NCUA groups credit unions by size; Heritage Financial Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 10.26% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 1.61%, is higher than the group median of 0.67%.
By assets it ranks 27 of 268 credit unions headquartered in New York. See all New York credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $808 million | 58,517 | $667 million | 10.26% | 1.61% |
| Q1 2026 | $802 million | 57,460 | $652 million | 10.26% | 1.17% |
| Q4 2025 | – | – | – | – | – |
| Q3 2025 | – | – | – | – | – |
| Q2 2025 | – | – | – | – | – |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 2.2 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 14 sites for Heritage Financial Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Heritage Financial CU (main office)
25 Rykowski Ln, Middletown, NY 10941 - Heritage Financial CU
2 Corwin Ct, Newburgh, NY 12550 - Heritage Financial CU
273 Route 32, Central Valley, NY 10917 - Heritage Financial CU
234 Main St Ste 6B, New Paltz, NY 12561 - Heritage Financial CU
1 Hawk Dr Bldg Suny-Adminstration, New Paltz, NY 12561 - Heritage Financial CU
17 Walnut St, Montgomery, NY 12549 - Heritage Financial CU
161 Dolson Ave # 5, Middletown, NY 10940 - Heritage Financial CU
131 E Main St, Washingtonville, NY 10992 - Heritage Financial CU
103-104 Clowes Avenue, Goshen, NY 10924 - Heritage Financial CU
36 Boniface Dr, Pine Bush, NY 12566 - Heritage Financial CU
111 Hulst Dr Ste 703A, Matamoras, PA 18336 - Heritage Financial CU
211 S Plank Rd, Newburgh, NY 12550 - Heritage Financial CU
113 Atlantic Avenue,, Dingmans Ferry, PA 18328 - Heritage Financial CU
1476 Route 9D, Wappingers Falls, NY 12590
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology