Heritage Grove Federal Credit Union

Social
  • +1

A short history of Heritage Grove FCU

Since its inception in 1964 the Heritage Grove Federal Credit Union has been serving its members in the SALEM, Oregon 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 James Mau, the Heritage Grove FCU has grown its membership to over 8,160 with assets of more than $116,935,760. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (503) 588-0211 or email them at creditunion@oefcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SALEM, OR.

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

Charter Number 16113
Address PO BOX 2227 
City SALEM 
State Oregon 
Zip-Code 97309
Phone Number (503) 588-0211
Fax Number (503) 371-7323
Email Address: creditunion@oefcu.com
CEO/President James Mau
Members 8,160 
Full-Time Employees 22 
Part-Time Employees
Number of Branch Offices
Total Assets 116,935,760 
Website http://www.ourgrovecu.com 

Compare Heritage Grove Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Marion And Polk Schools CU West Salem Branch 476 Glen Creek Rd NW 97309 (503) 588-0181 No 0.24
Valley CU Main Branch 2096 Mission St Se 97309 (503) 364-7999 No 1.37
Ibew/sj Cascade CU IBEW/SJ Cascade FCU 1825 12th St SE Ste 130 97302 (503) 581-6221 No 1.55
Central Willamette Community CU Pacific Branch 905 29th Ave SW 97321 (541) 704-4700 No 25.13
Oregon State CU Newport Branch 1923 N Coast Hwy 97339 (541) 574-6124 No 26.94

Heritage Grove Federal Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Heritage Grove 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 12.27 3.32 3.45 4.49 5.24
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 423 183 142 204 259
Rank Among All Oregon Credit Unions 30 21 15 22 24

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.02 0.05 0.20 0.20
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 151 142 318 271
Rank Among All Oregon Credit Unions 12 15 19 34 26
Heritage Grove Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.2701,7402,614,543
All Other Unsecured Loans/Lines of Credit 10.2901,0711,331,748
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.32066513,267,726
Used Vehicle Loans 3.4501,13113,855,594
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.49018815,314,608
Total Other Real Estate Loans/Lines of Credit 5.2403178,317,574
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.2904515,666,052
TOTAL LOANS & LEASES 5,56360,367,845

Heritage Grove 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 273,343,904203,568,080
    b. 15 Years or less 1439,672,1905512,600
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 21,534,96000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 14450,9983287,900
Adjustable Rate > 1 yr 2312,55600

OTHER REAL ESTATE

Closed-End Fixed Rate 2286,316,041421,618,500
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 851,522,64315671,900
Open-End Fixed Rate 4478,89000
TOTALS 50523,632,182856,658,980

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 14450,998287,900
Interest Only & Payment Option Other RE/LOC Loans 851,522,643671,900
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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