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NCUA Approves Charter Expansion for One Pennsylvania CU

The expanded field of membership allows Heritage Valley FCU to reach more than 600,000 potential members.

Pittsburgh area on a state map. Source: Shutterstock.

A small credit union headquartered in York, Penn., received permission to expand its charter, and therefore its field of membership, to an additional three counties in the southern part of the state. This move will give Heritage Valley Federal Credit Union ($115 million in assets, 12,927 members) a giant boost of potential growth by allowing it to market to a population of an additional 635,000 people.

A statement from Heritage Valley on Thursday announced the NCUA granted the approval to increase its charter to Adams, Cumberland and Dauphin County residents who live, work, worship or attend school in any of the three southern Pennsylvania areas.

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Michael Ogden

Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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