Bayer Heritage Federal Credit Union

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A short history of Bayer Heritage FCU

Since its inception in 1957 the Bayer Heritage Federal Credit Union has been serving its members in the Proctor, West Virginia area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Robert Burrow, the Bayer Heritage FCU has grown its membership to over 36,470 with assets of more than $459,575,751. They have a main office and 10 branch offices. Please see the credit unions website or contact them by phone at (304) 455-4029 or email them at memberservices2@bayerhfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Proctor, WV.

General Information For Bayer Heritage FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 11836
Address 17612 Energy Rd 
City Proctor 
State West Virginia 
Zip-Code 26055
Phone Number (304) 455-4029
Fax Number (304) 455-6782
Email Address: memberservices2@bayerhfcu.com
CEO/President Robert Burrow
Members 36,470 
Full-Time Employees 137 
Part-Time Employees 16 
Number of Branch Offices 10 
Total Assets 459,575,751 
Website http://bayerhfcu.com 

Compare Bayer Heritage Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Ohio Valley Community CU Marietta Office 450L Pike St Ste L 45750 (740) 376-0197 No 7.81
Marshall County CU Marshall County Federal Credit Union 910 3rd St 26041 (304) 843-1179 No 13.92
Long Reach CU Friendly 10767 Energy Hwy 26146 (304) 652-8363 No 21.94
Whetelco CU Whetelco FCU 54 14th St 26003 (304) 232-8123 No 23.89
Teamsters Local 697 CU CU Office 901 Market St 26003 (304) 232-9840 No 24.19

Bayer Heritage Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Bayer Heritage Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.90 1.99 1.99 3.00 3.12
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 34 21 26 31
Rank Among All West Virginia Credit Unions 15 1 1 1 3

Bayer Heritage Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 N/A 2.25 2.38
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 N/A 26 22
Rank Among All West Virginia Credit Unions N/A 19 N/A 1 1
Bayer Heritage Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9005,8578,815,093
All Other Unsecured Loans/Lines of Credit 11.7503,9618,003,005
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.99098121,760,449
Used Vehicle Loans 1.9908,17595,556,185
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.0001,981167,571,932
Total Other Real Estate Loans/Lines of Credit 3.12083715,338,322
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 1.9902,70539,253,028
TOTAL LOANS & LEASES 24,497356,298,014

Bayer Heritage Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 11811,331,5216626,700
    b. 15 Years or less 85049,788,314826,724,231
Balloon/Hybrid
    a. > 15 years 11217,586,168174,606,290
    b. 15 Years or less 404,784,7925990,649
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 79180,008,555332,980,300
Adjustable Rate > 1 yr 704,072,5824340,297

OTHER REAL ESTATE

Closed-End Fixed Rate 79614,531,391792,305,161
Closed-End Adjustable Rate 672,856193,542
Open-End Adjustable Rate 35734,07500
Open-End Fixed Rate 0000
TOTALS 2,818182,910,25422718,667,170

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Bayer Heritage Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes