May 11, 2017 | Philadelphia, Pa
First Heritage Mortgage Services, the credit union-owned Mortgage Services provider based in Philadelphia, ended 2016 with over $300 million in closed loan production and $ 1.4 billion in mortgage loans being serviced.
“We are extremely excited to have achieved this goal,” says First Heritage Mortgage Services CEO John Giordano, “Our partner credit unions entrust us to provide comprehensive, high quality Mortgage Services to their members. Without their confidence, we could not have achieved this success.”
First Heritage Mortgage Services provides versatile, cost effective and integrated turnkey mortgage solutions and services to nearly 90 partner credit unions that have combined assets of over $11 billion and more than 1.1 million members throughout Pennsylvania and Delaware. First Heritage is endorsed as the exclusive mortgage service provider for the Pennsylvania Credit Union Association (PCUA).
First Heritage began as a wholly-owned subsidiary of American Heritage Federal Credit Union. As of 2017, the following additional credit unions have purchased ownership in First Heritage: Service 1st Federal Credit Union, Erie Federal Credit Union, People First Federal Credit Union, Sun East Federal Credit Union, and Lebanon Federal Credit Union.
“Certainly, special thanks go to our owner credit unions and staff for their direction, support and commitment,” says Giordano, “We look forward to the future and First Heritage’s continued growth.”