Heritage South Credit Union is a federally insured state credit union based in Sylacauga, Alabama. It has been opened since 1937, for 85 years.
With around $125,140,000 in assets, Heritage South Credit Union is considered to be a large credit union. It has 5 branches and 5 ATM locations.
|Address|| P.O. Box 128 |
Sylacauga, Alabama 35150
|CEO||Jamie m. Payton|
|President of the Board||Angie Hughes|
|Services Offered|| |
With 12,706 members, the Heritage South Credit Union is considered to be a large credit union. It is larger than 75% of credit unions.
Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.
The average fee per member gives you a general sense of how much you might pay in fees as a member of the Heritage South Credit Union. Some credit unions tend to charge more fees, while others charge less.
Heritage South Credit Union has 48 full-time staff members and 9 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 84% of the workforce.
The number of members relative to staff members is an indication of how well staffed the credit union is. Heritage South Credit Union has around 242 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.
A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength
The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.
Heritage South Credit Union holds a total of $94,780,000 in loans and leases, which is about $13,910 per member on average.
A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.
A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Heritage South Credit Union pays 0.20%.