The Oscar Mayer meat production company moved operations to Madison, WI, in the early 1900’s. During the struggles of the Great Depression, Adolph C. Bolz, the son-in-law of Oscar Mayer, opened his own billfold to lend the employees of Oscar Mayer a few dollars between paychecks. In October of 1934, the practice was made permanent when our credit union was incorporated, and the employees could pool their resources together to help each other out.
Today, Heritage Credit Union serves more than 27,000 members in two states. We are a strong financial institution with $335 million in assets and more than 110 employees, who continuously look for ways to save our members money, reach out to our communities and enhance our services.
And yes, we definitely have a soft spot for Wiener Whistles, the Weinermobile and bacon.
Why Choose a Credit Union?
Credit unions are not-for-profit financial cooperatives owned by the people who save and borrow. The money members deposit with the credit union provides the resources to lend to other members. Because we are a not-for-profit organization, we put people before profits and can offer higher returns on savings, lower rates on loans and fewer service fees.
Every member of the credit union also has an equal say in how the credit union operates, by casting a vote to elect the volunteer Board of Directors at the Annual Membership Meeting.
People helping people—it’s the credit union rallying cry.
Board of Directors
Heritage Credit Union's Board of Directors is comprised of members of the credit union who are inspired by credit union activities and the best interest of the membership. Each director serves on a volunteer basis, and is elected by the membership of the credit union at the Annual Membership Meeting.
- Mollie Bell
- Dick Bloomenkranz
- Greg Cullen
- Brooke Frey, Associate Director
- Daun Maier
- Anita Rauch, CEO/President
- Greg Rice
- Jesse Sandoval
Richard J. McGrath Endowment Fund
The Richard J. McGrath Endowment Fund was created in 2007 as a way to honor our longtime voluntary board member, Dick McGrath. The purpose of this fund is to provide small grants for local social organizations in the communities served by Heritage Credit Union branches.
Applications are accepted from July 1 to August 31 each year, and recipients are chosen by November 1.
Since the fund was established, Heritage has donated more than $70,000.
°All offers subject to qualified credit. New members: subject to member eligibility and an initial deposit of $5 into a primary savings account, which must remain open for 12 months. Coupon must be presented by September 30, 2018, and prior to opening the account. Qualifying accounts must be opened within 30 days after presenting coupon. Cannot use multiple offers on same product. Promotions can change or end at any time. Each coupon may be used once per individual member account. Bonus may be taxable as income and reported on IRS Form 1099-INT. Heritage employees and their immediate families are not eligible. Void if expired, altered, reproduced or photocopied. Must not have had an open Heritage checking account in the 6 months prior to opening new account. $100 will be credited to your Heritage primary share account within 30 days of receipt of your first direct deposit of $100 or more into a new qualifying checking account. Direct deposit must be received within 30 days of opening new checking account and cannot be transferred from another Heritage account.