First Heritage Federal Credit Union
First Heritage Federal Credit Union is a member-owned financial institution based in Corning, NY, serving over 48,000 members across multiple counties. Founded in 1954, it offers comprehensive banking services including savings, checking, loans, and investment products with a commitment to community engagement and member service.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (10 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
First Heritage Federal Credit Union ranks #174 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of First Heritage Federal Credit Union’s 7(a) acquisition lending falls in the $0-$500K range: 8 loans, 80.0% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 8 | 80.0% | |
| $500K-$1M | 2 | 20.0% |
Industries with highest loan volume
Fitness and Recreational Sports Centers
2
loans
$248K
avg. amount
Landscaping Services
1
loans
$405K
avg. amount
Drycleaning and Laundry Services (except Coin-Operated)
1
loans
$157K
avg. amount
Nursery, Garden Center, and Farm Supply Retailers
1
loans
$725K
avg. amount
All Other Amusement and Recreation Industries
1
loans
$207K
avg. amount
Sporting Goods Retailers
1
loans
$750K
avg. amount
Limited-Service Restaurants
1
loans
$150K
avg. amount
Exterminating and Pest Control Services
1
loans
$430K
avg. amount
Gift, Novelty, and Souvenir Retailers
1
loans
$225K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
First Heritage Federal Credit Union’s median variable rate is + 0.38%, against a market median of Prime + 1.88%, 150 below market.
6 of the 10 loans in its trailing three-year book carried a fixed rate; the rest were variable.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 0.38% |
| $500K-$1M | Prime + 0.50% |
over at time of loan origination
First Heritage Federal Credit Union has originated 7(a) acquisition loans in 2 states, most actively in New York (7) and Pennsylvania (3). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| New York | 7 | 70.0% |
| Pennsylvania | 3 | 30.0% |
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