Heritage Federal Invests in Owensboro, KY

OWENSBORO, KY – Heritage Federal Credit Union will be opening a new, full-service branch in Owensboro, KY. The Heritage Federal Credit Union Frederica Branch will be located at 1819 Frederica Street.

Heritage Federal Credit Union is a community-chartered credit union headquartered in Newburgh, Indiana. The company got its start in 1965 as Warrick Employees Credit Union and now has assets of nearly $1 billion.

Heritage Federal Credit Union will provide exceptional member service, deposit service, and both business and personal lending products/services to Owensboro and the surrounding communities. The company will also provide investment services, safe deposit boxes, and drive-thru service at the Owensboro location.

“Here For You!” is Heritage Federal Credit Union’s bottom-line statement, with core values of family, unequaled service, and giving back. The company has found great success in providing client support by implementing a culture that puts employees first and provides an engaging, high-performing, and fun environment that allows employees to succeed. GOEDC President & CEO Brittaney Johnson said, “We’re excited for Heritage Federal’s growth and expansion into Owensboro, Daviess County. We are grateful for the creation of new employment opportunities and the immediate positive economic impact on the Greater Owensboro region.”

The team at Heritage Federal believes that personal and business banking is built on relationships. Even with remote work becoming a new reality for many companies, client interactions remain at the heart of the company’s business model.

The new Frederica branch is part of Heritage Federal’s expansion plan for Daviess County. This expansion follows an approval made by the National Credit Union Administration (NCUA) in 2021, allowing Heritage Federal to expand into 22 new counties throughout Indiana, Illinois, and Kentucky. This will be Heritage Federal Credit Union’s second branch in Kentucky, with an existing branch located in Henderson. Mayor Tom Watson added, “We welcome Heritage Federal Credit Union to our community and appreciate their investment in Greater Owensboro.”

“This Frederica branch is part of our expansion plan to place brick-and-mortar locations in Daviess County to better serve the needs of our members and prospective members,” said Tony Aylsworth, president & chief risk officer of Heritage Federal Credit Union. “We are excited about adding this new branch in

Daviess County, and we look forward to providing the same high-quality financial products and services to our members at this Frederica branch that we provide to members at our other Henderson, Warrick, Vanderburgh, Posey, and Gibson County branches.”

Brad Osborne will serve as a senior regional commercial banker for the Frederica branch. Osborne has 16 years of financial institution experience – most recently serving as a senior commercial banker, a producing regional sales manager, Owensboro-Daviess County market president, and a financial center leader/business banking officer in the Owensboro area. Osborne has a bachelor’s degree in Corporate and Organizational Communication from Western Kentucky University and holds an Omega Commercial and Personal Credit Certification, as well as a Moody’s Analytics Commercial Credit Certification.

A grand opening celebration for Heritage Federal Credit Union will be held at the Frederica branch on Tuesday, June 14 from noon-1 p.m., with a ribbon-cutting ceremony held at 12:15 p.m.


About Heritage Federal Credit Union

Heritage Federal Credit Union is a full-service financial institution with over $940 million in assets and serves more than 65,000+ members in Gibson, Posey, Warrick, Vanderburgh, Daviess, Knox, Spencer, Pike, Perry, Crawford, Clark, Floyd, and Harrison Counties in Indiana; Henderson, Daviess, Hopkins, Hancock, Ohio, McLean, Webster, Union, and Crittenden Counties in Kentucky; and Lawrence, Wabash, White, Gallatin and Hardin Counties in Illinois. As a nonprofit, credit unions provide low-cost financial services to their members and are mission driven. Founded in 1965, Heritage Federal is committed to improving the daily lives of those we live and work with, providing members the best financial products and services, and giving back to the local communities through donations, sponsorships, and volunteerism. More information regarding Heritage Federal Credit Union can be located at heritagefederal.org