# AMERICAN HERITAGE
Philadelphia, PA · NCUA charter 5621 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/american-heritage-5621

Who the members are: federal charter, multiple common bond, organized 1948, low-income designated. 329,657 members of 1,922,533 potential (17.1% of the field); checking penetration 41% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $5.32B |
| Members | 329,657 (2.0% YoY) |
| Full-time staff | 664 |
| Net worth | $442.7M |
| Net worth ratio | 8.3% (p6 of band) |
| ROA (annualized) | 0.41% (p22 of band) |
| Total delinquency | 0.90% (p75 of band) |
| Net charge-offs (annualized) | 0.53% (p53 of band) |
| Loans / shares | 85% (p46 of band) |
| Cash / assets | 8.3% |
| Borrowings / assets | 9.08% |
| Net interest margin | 2.80% (p18 of band) |
| Operating expense / assets | 2.91% (p33 of band) |
| Vehicles % of loans | 25% (p44 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 94% |
| Third-party paper % of net worth | 242% (p75 of band) |
| Vehicle delinquency | 0.50% (p42 of band) |
| Vehicle NCO | 0.81% (p39 of band) |
| Repossessed % of vehicle book | 0.23% (p86 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 223% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 33% |
| Average share balance | $7,067 |
| Participations bought / yr | $30.9M |
| Participations sold / yr | $40.6M |
| Participations outstanding | $255.4M |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $23,578 |
| Loans granted, annualized | $1.28B |

## Participation posture (from the same filings)

Bought $30.9M and sold $40.6M in the latest annualized quarter; $255.4M outstanding purchased (57.7% of net worth), $303.3M sold and retained. Sold in 8 and bought in 5 of the last 8 quarters. Shares 9.9% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, leaning on borrowings |  |
| 2016-06 | 3 | thin capital |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 2 |  | delinquency 2x band |
| 2017-03 | 3 | net worth falling |  |
| 2017-06 | 3 | delinquency 2x band | net worth falling |
| 2017-09 | 3 | 3rd-party paper>100% NW | delinquency 2x band |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 5 | net worth falling, loans>95% of shares |  |
| 2018-09 | 4 |  | net worth falling |
| 2018-12 | 4 |  |  |
| 2019-03 | 4 |  |  |
| 2019-06 | 5 | net worth falling |  |
| 2019-09 | 4 |  | net worth falling |
| 2019-12 | 4 |  |  |
| 2020-03 | 5 | net worth falling |  |
| 2020-06 | 5 |  |  |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 3 |  | loans>95% of shares |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | delinquency 2x band |  |
| 2022-03 | 4 |  |  |
| 2022-06 | 5 | loans>95% of shares |  |
| 2022-09 | 5 |  |  |
| 2022-12 | 5 | net worth falling | delinquency 2x band |
| 2023-03 | 5 | delinquency 2x band | net worth falling |
| 2023-06 | 5 |  |  |
| 2023-09 | 4 |  | delinquency 2x band |
| 2023-12 | 6 | delinquency 2x band, delinquency rising |  |
| 2024-03 | 6 |  |  |
| 2024-06 | 4 |  | delinquency 2x band, delinquency rising |
| 2024-09 | 4 |  |  |
| 2024-12 | 4 | net worth falling | loans>95% of shares |
| 2025-03 | 3 |  | net worth falling |
| 2025-06 | 4 | loans>95% of shares |  |
| 2025-09 | 3 |  | loans>95% of shares |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-08 [American Heritage Credit Union Marketing Chief Wins 2026 OnCon Top 50 Global Marketer Award - PHILADELPHIA.Today](https://news.google.com/rss/articles/CBMinwFBVV95cUxONmJWdUNpSzRvZGpubU5hcXJjdW04dGhVSHRvcHhHdllzX0gycWxOeWpRUjd1cWdMRzhwYmIwX0tZeHVkcTAzMjdVcG9fVGF6RG9kTE1uQU1iSEhXQ0RITXVza3F4Zl84TGRid01qSGVOTFgyWV91eVVfVDJrRkNET2hINUp3bHdRVFhSdnJBUlR2WVVpa1ZOSWlXRkVXRW8?oc=5) · PHILADELPHIA.Today
- 2026-04-22 [American Heritage Credit Union recognized for its community impact by South Jersey Biz - CUInsight](https://news.google.com/rss/articles/CBMixgFBVV95cUxQanF1cHQ1R2hKS21SNDFYLUNXVzRsWFFOUFZHOV9OV2JiZVNVN2NNV2UxY1A3LUpLbHBlWHB2TXBzN3R5UXEwOWk1NjJmNGUxZ0ZjMzh3VExOcURlNURqSEpoY2NNbE1fRzd2UUNZUG81N18wY3RnTFlIajNWNkNrNV9hb3VZV00yTlBtNHVXRFpURWF0ZmVib0FvbVN5QUNhOGtaUWhXNzhPbHAyRHZ4UUw3Q3FqVHc3dVdnZkhkTlJlTFoyUFE?oc=5) · CUInsight
- 2025-11-24 [American Heritage provides free family entertainment and fireworks display at 18th Annual Grand Illumination - CUInsight](https://news.google.com/rss/articles/CBMi4wFBVV95cUxPUVR6eVY5MzFSS1VIVUJNQ2VnWXhabm9iREt5cVA1R01Zc2l4LTU0a3piV2pKcUllYUtKMTZ1TGdwUFdZUXZKYmE5WmZrMEpjT2JqZ04wVy00OEJ2U0dkZlZtamxBQkZZOEdIa0tMVEk2SzAxZzNFS1BBYkFMQlFMMXNTbjdGa3dzSTRYOERkcElNU2FkQS0wb2kzbjgxUTJSNkFVeElieVktTG1aSDRadlA0a0RaQ3I5TTRHOWdrNTdsc3FTNDVHTVRNNm5uWUlZeEtzbVdKX3NOTDFnOE5mSkYxbw?oc=5) · CUInsight
- 2026-04-10 [Looking for the Best Credit Union in Pennsylvania? Consider These 5 Top Organizations - Grit Daily News](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE00OTV0Mi02M01DcEVlTXJsVWxTVVA1XzdKdEl0b3JmeGp1ZlpRYnFZbEFNYkl1dDh5WjRicUdQdDV0TkFOVFBRb3BqZVNsb0VWQzRBSVN4QVhxTzVpLUZhVzdLNi1jXzg?oc=5) · Grit Daily News
- 2025-04-01 [American Heritage doubles South Jersey presence with acquisition of 3 branches - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxPQW9ERHI3eGM5a3Y2Qnk3REdCdFBDbGhkSlRsYnZXa0tCZk5ESmpfRWZadDNyX1hiQUdLbWoweVVvTGxTUFdmTzFESF84NGJtWjB0alpoaHhjb0xFeXh5dy1uY1U1MWo0Rk04MHlDZ0dwc3dZWkxlempMNTlrMlVVQ2JpSUhmMDVaVGFSa0dCeTd5YmhJWHNiaERkX19xSmdweUZ2MkFBYw?oc=5) · The Business Journals
- 2024-05-10 [LinkBank sells 3 NJ branches to credit union - Banking Dive](https://news.google.com/rss/articles/CBMimgFBVV95cUxQSUtkeU93N0p0bWhhazNFUjhvLTRUUWwxNkxpT093d1BsUzFKalNYeGduUkg5UDBTc29sNEZvWVJYcUVRcm1BNndWSG9qTTdQZ3RlbWRqRmhRLTFsN0d4djlVd1VPQi1vUXNsdFlkbUtmaW1FVVV3ZmNmNm1vNXNNbWE2Vkh5R1NxYWlrazNsVjR5UlpMeEdvRld3?oc=5) · Banking Dive
- 2026-03-12 [Bruce K. Foulke, American Heritage president & CEO, recognized - buckscountyherald.com](https://news.google.com/rss/articles/CBMi6wFBVV95cUxObTVaVjRwdUVOWW9yREJiMVN2NWZJM2JfRDNpWm5WaWF5VEZlV1JCVVFTV1VDbk5aUmgwblVTQ0ZHTnEzUWJ6bHgyelR1UGlBOFE1cTFuRGlXMWRVcWU0WlBGdGtZbHdHTFBWVk9VNC0xZTZLMzdUbTRQTmNmVm5rR3AtcjFqYm1lNnJiaUZNU0ZsSDlMckdYX1pOYThzZEhaaWh6dDhhdTlvdUswbGZFaVhKeHRrOHpRUHVyOUJtMXJwNjNhT1Bzb0Z5Vi1mN2ZoMDhjSkROdlVKNmVpR0YxTWlodnZfQVJ4VDJv?oc=5) · buckscountyherald.com
- 2024-08-07 [10 Most Respected Credit Unions in Pennsylvania for 2024 - CardRates.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOOXg5c0t0dTJOY2pUVmMwbFg5eFhkdGdrM2Q4WVdIby1yLVdsM2ZZTUxneEx2RnhNbFYtcWlIb052eUFITjlYUWRnV3pTZUxIY1R6a3N0V3VtbzcxNmlCWVU1MXVYZER1TVk0Xzl6SE9ZTENOMUY3MHdtOEg3eEV3V1pIR1hqdk1MQ1ZXc0tMVkJQZVFF?oc=5) · CardRates.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5621 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/53.json (key "5621", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=5621
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide