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Parks Heritage FCU awarded 5 Stars, continues growth

Parks Heritage FCU has been awarded the 5 Star Rating by Bauer Financial, the nation’s leading rating company for financial institutions. The news of their continued excellence (Parks Heritage also received a 5 star rating in 2011) comes on the heels of an announcement from Callahan & Associates naming Parks Heritage the 18th Fastest Growing Credit Union in the Country out of nearly 8,000 credit unions.

Mike Howard was Highlighted in the October 2012 Edition of Profile Magazine for service to community and organizational turn-around.

In addition to serving the healthcare community — including police, fire, EMS, holistic practitioners and medical device manufacturers — Parks Heritage supports local non-profits including the Crop Walk, Relay for Life, the Kerry Blue Hustle, the Downtown Collaborative, the Adirondack Balloon Festival, the South High Marathon Dance, the Glens Falls Hospital Foundation, Rebuilding Saratoga County Together, Mountain Lakes Regional EMS Council, and the Hudson Valley Volunteer Firefighters Association.

In the months of October and November, Parks Heritage will make a $5 donation to the Glens Falls Hospital Foundation for every new account opened.

Mr. Howard attributes the Credit Union's significant growth to a focus on local people and causes.

"We're a close knit community here in the north country, and especially within the healthcare sector. We do right by our members, and word gets around."

Year-to date Parks Heritage reports the following improvements (charts enclosed):

· 30.62% Loan Growth

· 12% Membership Growth

· 14.72% Investment Growth

· 33% Market Share Growth

· 27.9% Asset Growth

For more information about Parks Heritage Federal Credit Union contact Mr. Mike Howard or Mr. Anthony Lapointe at 926-4700.

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