# Heritage Family FCU SBA loans **Short answer:** Heritage Family FCU made 63 SBA loans from October 2019 to June 2026, 18 of them since October 2023. 100.0% of them went through SBA Express, against 38.5% for all lenders, per SBA's loan file. Canonical page: https://www.sbaexpress.loans/sba-express-lenders/heritage-family-fcu/ Data as of: 2026-06-30 This site is not Heritage Family FCU sbaexpress.loans is not Heritage Family FCU, and Heritage Family FCU did not provide, review or pay for this page. Janover Capital LLC runs this site. The loan figures here come from SBA's public 7(a) loan file, not from Heritage Family FCU. ## Loan sizes $40,000: 25th percentile $72,500: Median loan $123,000: 75th percentile 5 years: Median term The median loan Heritage Family FCU approved from October 2019 to June 2026 was $72,500. A quarter of its loans were smaller than $40,000 and a quarter were larger than $123,000. For all lenders the median was $200,000. Its median loan is less than half the all-lender median. The average loan was $107,456. Share of loans by size, October 2019 to June 2026 - $50,000 or less: 42.9% - $50,001 to $150,000: 39.7% - $150,001 to $350,000: 14.3% - $350,001 to $500,000: Fewer than 5 - $500,001 to $1,000,000: Fewer than 5 - $1,000,001 to $2,000,000: 0.0% - Over $2,000,000: 0.0% Shares are of all 63 loans. Fewer than 5 marks a band whose count we do not publish. ## Age of the businesses it lends to The largest group was businesses in operation 2 years or less, at 33.3% of this lender's loans, against 16.7% for all lenders. Share of loans by age of the business, October 2019 to June 2026 - In business more than 2 years: 28.6% - In business 2 years or less: 33.3% - Startup (the loan opens the business): 23.8% - Change of ownership: 12.7% Fewer than 5 marks a group whose count we do not publish. ## SBA Express and lines of credit 100.0% of this lender's loans went through SBA Express, above the 38.5% for all lenders. 30.2% were lines of credit, above the 27.2% for all lenders. **SBA Express and line-of-credit share, October 2019 to June 2026** | Share of loans | Heritage Family FCU | All lenders | | --- | --- | --- | | Through SBA Express | 100.0% | 38.5% | | Lines of credit | 30.2% | 27.2% | A line of credit lets a business draw money, repay it and draw again. SBA's file flags these loans as revolving. What SBA Express means An SBA Express loan can be up to $500,000. On these loans, the lender makes the credit decision without prior SBA review. Source: SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126); SOP 50 10 8.1, Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127). ## Where it lends The most loans went to businesses in Vermont: 60 of 63, or 95.2%. State is where the business is, not where the lender is based. **Top states, October 2019 to June 2026** | State | Loans | Share of its loans | | --- | --- | --- | | Vermont | 60 | 95.2% | ## What it lends to Full-Service Restaurants had the most loans: 8 of 63. The table lists industries with 5 or more loans, at most five. **Top industries, October 2019 to June 2026** | Industry | Loans | Share of its loans | | --- | --- | --- | | [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/) | 8 | 12.7% | Industry is the NAICS code recorded on each loan. ## About the lender - **Type:** Credit union - **Location:** Rutland, VT (headquarters, per NCUA) - **NCUA charter number:** 24742 - **Official website:** [www.hfcuvt.com](https://www.hfcuvt.com) (as NCUA has it on file; we do not control it) This page describes loans SBA approved. It does not show denied applications, today's rates, fees or credit standards. It is not an offer from Heritage Family FCU. To ask Heritage Family FCU about a loan, contact it directly. ## Starting rates and spread over Prime SBA's file gives no starting-rate median across several years. Prime moved too much between 2019 and 2026 for one figure to mean anything. Heritage Family FCU approved 63 loans from October 2019 to June 2026. The median spread on those loans was 0.88 percentage points over Prime, against 2.6 percentage points over Prime for all lenders. On the 18 loans approved from October 2023 to June 2026, the median starting rate was 8.75%, against 10.25% for all lenders. That is a small group, so treat it as rough. The starting rate follows Prime on the day a loan was approved. The spread over Prime is the steadier way to compare lenders and years. Spread is measured on variable-rate loans only. SBA's ceiling on variable rates For variable-rate loans, SBA caps the rate at Prime plus 3.0 to 6.5 percentage points, depending on loan size. Today's ceilings by loan size are on the [rates page](https://www.sbaexpress.loans/rates/). Source: 13 CFR § 120.214(d). ## Loans by year From FY2024 to FY2025, the number of loans rose 50% (6 to 9). Across all lenders it rose 2.4%. SBA loans approved by fiscal year - FY2020: Fewer than 5 - FY2021: 7 - FY2022: 14 - FY2023: 20 - FY2024: 6 - FY2025: 9 - FY2026 (through June 30): Fewer than 5 SBA's fiscal year runs October 1 to September 30. FY2026 covers October 1, 2025 to June 30, 2026 only. Fewer than 5 marks a year whose count we do not publish. ## Charge-offs 25: Loans approved FY2020 to FY2022 Fewer than 5: Charged off 3.6%: All lenders, by loans Heritage Family FCU approved 25 loans from October 2019 to September 2022. By June 30, 2026, fewer than 5 had been charged off. We show no rate, because a rate beside a group of known size would give the count away. For all lenders, 3.6% of loans had been charged off. How charge-offs are counted We count only loans approved October 1, 2019 to September 30, 2022 (FY2020 to FY2022). Newer loans have not had time to go bad. A charge-off means the lender wrote the loan off as a loss. The rate by loans is charged-off loans divided by approved loans. The rate by dollars is the charged-off balance divided by approved dollars. Both run through June 30, 2026. The two rates can differ widely for a lender that writes many small loans. A small loan adds one to the count but little to the dollars. SBA's file covers approved loans only. This says nothing about how often applications are approved. ## Lenders with a similar number of loans These five lenders are the nearest to Heritage Family FCU by number of SBA loans. Their pages show the same figures, so you can compare loan sizes and loan types. Within this group, Heritage Family FCU has the smallest median loan and the highest Express share. **Lenders closest to Heritage Family FCU by loans, October 2019 to June 2026** | Lender | Loans | Median loan | Express | Lines of credit | Charge-offs | | --- | --- | --- | --- | --- | --- | | [Buckeye State Bank](https://www.sbaexpress.loans/sba-express-lenders/buckeye-state-bank/) | 63 | $266,000 | 41.3% | 31.7% | 0.0% | | [Citizens State Bank of La Crosse](https://www.sbaexpress.loans/sba-express-lenders/citizens-state-bank-of-la-crosse/) | 63 | $100,000 | 34.9% | 31.7% | 0.0% | | **Heritage Family FCU** | 63 | $72,500 | 100.0% | 30.2% | Fewer than 5 | | [The Stephenson National Bank and Trust](https://www.sbaexpress.loans/sba-express-lenders/the-stephenson-national-bank-and-trust/) | 63 | $237,400 | 52.4% | 27.0% | 0.0% | | [Timberline Bank](https://www.sbaexpress.loans/sba-express-lenders/timberline-bank/) | 63 | $383,700 | 33.3% | 31.7% | 0.0% | | [Webster Five Cents Savings Bank](https://www.sbaexpress.loans/sba-express-lenders/webster-five-cents-savings-bank/) | 63 | $75,000 | 71.4% | 54.0% | Fewer than 5 | Express and lines of credit are shares of loans. Charge-offs are the share of loans approved October 2019 to September 2022 that had been charged off by June 30, 2026. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. ## SBA Express badges This lender ranks in the top 10 for SBA Express loans in 1 state, by loans approved from FY2024 through June 30, 2026. The rank comes only from SBA's public loan file. Badges are free. They are never for sale, and no lender can pay to earn or keep one. Lenders can copy the code below onto their own site. [Read the badge rules](https://www.sbaexpress.loans/badges/). ### Vermont: No. 4 with 18 SBA Express loans ![Heritage Family FCU is the No. 4 SBA Express lender in Vermont by loans approved, FY2024 through June 30, 2026, ranked from SBA's loan file by sbaexpress.loans.](https://www.sbaexpress.loans/badges/heritage-family-fcu-vermont.svg) Embed code: ``` Heritage Family FCU is the No. 4 SBA Express lender in Vermont by loans approved, FY2024 through June 30, 2026, ranked from SBA's loan file by sbaexpress.loans. ``` How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Recent loans were approved October 1, 2023 to June 30, 2026. The full file starts October 1, 2019. SBA's fiscal year runs October 1 to September 30. Express counts SBA Express and Export Express loans. Spread over Prime is measured on variable-rate loans. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia) - [13 CFR § 120.214(d)](https://www.ecfr.gov/current/title-13/section-120.214) - [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx) - [SOP 50 10 8.1, Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx) - [NCUA credit union call report data (headquarters and website)](https://ncua.gov/analysis/credit-union-corporate-call-report-data)