First Heritage Mortgage Services achieves $2 billion in servicing assets
PHILADELPHIA, PA (May 18, 2021) — First Heritage Mortgage Services, LLC (First Heritage), the CUSO formed in 1996 to provide first mortgage solutions to credit unions and financial institutions, recently achieved the $2 billion milestone in servicing assets.
First Heritage is a Credit Union Service Organization jointly owned by American Heritage Credit Union, Philadelphia, Pa., Service 1st Federal Credit Union, Danville, Pa., Erie Federal Credit Union, Erie, Pa., and People First Federal Credit Union, Allentown, Pa. First Heritage provides mortgage services for more than 100 credit unions partners across 18 states, including originations, underwriting, processing, and servicing.
“We are extremely pleased to have surpassed the $2 billion mark,” stated John Giordano, President and CEO of First Heritage. “Our partner credit unions have trusted us with the mortgage needs of their membership for over 25 years. We are proud of our track record in helping credit unions deepen their member relationships while increasing their financial and operational performance. Without the confidence of our partner credit unions and the satisfaction of their members, we would not have been able to reach this milestone.”
About First Heritage Mortgage Services
First Heritage Mortgage Services, LLC is a credit union-owned company that offers seamless first mortgage solutions for credit unions and financial institutions nationwide. First Heritage supports and services more than 100 partner credit unions with combined assets of more than $10 billion. Founded in 1984, First Heritage’s owners include American Heritage Credit Union, Service 1st Federal Credit Union, Erie Federal Credit Union, People First Federal Credit Union, Sun East Federal Credit Union, and Lebanon Federal Credit Union. For more information about First Heritage Mortgage Services, visit www.firstheritage.org/.