United Heritage Credit Union reaches $1 billion in assets
AUSTIN, TX (August 9, 2018) — United Heritage Credit Union is proud to announce it has achieved $1 billion in assets during the third quarter of 2018.
“The Board of Directors, senior management and staff are thrilled to celebrate this major milestone in the Credit Union’s journey,” United Heritage President and CEO Buddy Schroeder said. “The trust of our members and exceptional service provided by staff have been key to this accomplishment.”
United Heritage Credit Union opened its doors in 1957 as Military Federal Credit Union, offering military personnel savings and loan services. In 1969, the Credit Union’s name changed to Bergstrom Federal Credit Union. At that time, service offerings were expanded and the overall membership base increased.
In 1989, the Credit Union merged with Texas Hospital Association Credit Union, Texas National Guard Credit Union and Healthcare Federal Credit Union. Because of this, the Credit Union was able to include hospitals, hospital affiliates and select employer groups in the growing membership base by the time the name changed to United Heritage Federal Credit Union in 1993.
Moving from a federal charter to a state charter in 1997 brought on the current name, United Heritage Credit Union. At present, United Heritage Credit Union serves more than 63,000 member-owners in the Central Texas, Austin and Tyler communities.
“I am incredibly proud of the path United Heritage has had to the $1 billion achievement. The dedication of the Board of Directors and senior management and the hard work of all of the staff is what led us here,” United Heritage Credit Union Chairman May Lofgreen said. “We look forward to growing and building upon this success for many years to come.”
About United Heritage Credit Union
Founded in 2003, the United Heritage Charity Foundation was developed as a 501(c)(3) to improve the lives of others in its local communities. The Charity Foundation’s goals are to support organizations in initiatives that make Central and East Texas a better place to live, work, and attend school. The United Heritage Charity Foundation’s areas of focus include family support services, healthcare, military & veteran assistance, and education. For more information visit, uhcf.org. The United Heritage Charity Foundation is the philanthropic arm of the United Heritage Credit Union and has distributed over $2 million since its inception.
