RIVERSIDE HEALTH SYSTEM EMPLOYEES' CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.rhsecu.org for more information.
Dec, 31, 2023 — RIVERSIDE HEALTH SYSTEM EMPLOYEES' CREDIT UNION is a federally insured state chartered credit union headquartered in Newport News, VA with 1 branch location and about $8.00 million in total assets. Opened 54 years ago in 1970, RIVERSIDE HEALTH SYSTEM EMPLOYEES' CREDIT UNION has about 2,234 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | RIVERSIDE HEALTH SYSTEM EMPLOYEES' CREDIT UNION |
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Address: (Main Office) | 500 J Clyde Morris Blvd Newport News, VA 23601-1929 |
Phone: | (757) 594-2030 |
Fax: | (757) 594-3644 |
Website: | https://www.rhsecu.org |
Branches: | 1 branch locations |
Members: | 2,234 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62418 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1970 |
Last Audited: | Sep 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,995,432 |
CEO/Manager: | Heidi M Lewis |
Chairperson: | Patrick Forys |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,956,915 |
TOTAL INVESTMENTS | 289,456 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 242,190 |
Other Loans | 2,460,587 |
TOTAL LOANS | 2,702,777 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,299 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 58,153 |
All Other Assets | 6,430 |
TOTAL ASSETS | 7,995,432 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 28,134 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 348,560 |
Regular shares | 6,620,817 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 6,969,377 |
TOTAL LIABILITIES | 6,997,511 |
Regular Reserve | 73,483 |
Other Reserves | 0 |
Undivided Earnings | 924,438 |
TOTAL EQUITY | 997,921 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,995,432 |
INCOME & EXPENSE | |
Loan Income | 46,472 |
Investment Income | 1,559 |
Other Income | 15,937 |
Total Employee Compensation & Benefits | 47,830 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 285,331 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 788 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -269,981 |
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