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LATVIAN HERITAGE

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LATVIAN HERITAGE Rates & Review April 2026

Q: How many branches does LATVIAN HERITAGE operate?

LATVIAN HERITAGE currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join LATVIAN HERITAGE?

Yes, to access services at LATVIAN HERITAGE, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, LATVIAN HERITAGE does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, LATVIAN HERITAGE provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: April 1, 2026

You can compare LATVIAN HERITAGE rates to other rates in our database, including 12-month share certificate rates currently at 0.30%, 6-month share certificate rates at 0.45% and 3-month share certificate rates at 0.55%. Savings rates are at 0.40% and money market rates are at 0.85%. Mortgage rates on 30-year fixed loans are around 5.61%. All these rates can be compared to LATVIAN HERITAGE rates. MonitorBankRates evaluates the financial stability of LATVIAN HERITAGE with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.70%. Rates were last updated on 04/01/2026.

LATVIAN HERITAGE money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at LATVIAN HERITAGE? Share your experience about LATVIAN HERITAGE by leaving a review below, or read customer reviews before you decide to use LATVIAN HERITAGE.

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.70%

Excellent Lower than avg

Farmers and Merchants Bank Berlin, WI
Latvian Heritage Federal Credit Union

PO Box 152125
Grand Rapids, MI 49515 2125

http://www.latvianheritage.org

Current Rate Availability

We do not have LATVIAN HERITAGE rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for LATVIAN HERITAGE is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather LATVIAN HERITAGE rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with LATVIAN HERITAGE's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name LATVIAN HERITAGE

Website http://www.latvianheritage.org

Address PO Box 152125, Grand Rapids, MI 49515 2125

Phone 616-454-8012

Fax

President Tracy Wood

CEO John Rikans

Full-Time Employees 8

Part-Time Employees 0

Branch Locations 2

ATM Locations 0

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

1.70%

Return on Assets (ROA)

0.3102%

Return on Equity (ROE)

1.7718%

Non-Performing Loans Ratio (NPL)

0.32%

Total Assets

3,134,385

Total Amount of Shares and Deposits

2,581,897

Total Shares and Deposits < 1 Year

2,581,896

Total Insured Shares and Deposits > $250K (item 17 less item K)

2,581,897

Total Interest Expense (Sum of items 6 8)

1,000

Number of Accounts for Regular Shares

337

Net Income (unless the amount is already included in Undivided Earnings)

9,720

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

41,729

Total Liabilities

2,585,621

Source: NCUA — Last Updated 03/31/2024

Customer Reviews

There are no reviews for LATVIAN HERITAGE yet. Feel free to create one below.

Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About LATVIAN HERITAGE

Is LATVIAN HERITAGE a safe place to deposit money?

Yes, LATVIAN HERITAGE is considered a safe financial institution. With a Texas Ratio of 1.6962328615166%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does LATVIAN HERITAGE operate?

LATVIAN HERITAGE currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join LATVIAN HERITAGE?

Yes, to access services at LATVIAN HERITAGE, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, LATVIAN HERITAGE does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, LATVIAN HERITAGE provides members with tools to manage their accounts and build a solid financial history.

Does LATVIAN HERITAGE offer online and mobile banking?

Most modern institutions like LATVIAN HERITAGE provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: http://www.latvianheritage.org.