Sep, 30, 2025 — RED RIVER FEDERAL CREDIT UNION is a federal credit union headquartered in ALTUS, OK with 3 branch locations and about $157.13 million in total assets. Opened 69 years ago in 1957, RED RIVER FEDERAL CREDIT UNION has about 9,151 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RED RIVER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2721 N Main St ALTUS, OK 73521 |
| Phone: | (580) 482-7965 |
| Fax: | (580) 482-8522 |
| Website: | https://www.redriverfcu.com |
| Branches: | 3 branch locations |
| Members: | 9,151 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12082 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $157,132,096 |
| CEO/Manager: | Kerry M Bull |
| Chairperson: | Phillip L Nelson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,004,271 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 40,938,479 |
| Unsecured Loans | 2,125,549 |
| Other Loans | 77,696,070 |
| TOTAL LOANS | 121,227,674 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -411,517 |
| Land And Building | 3,014,471 |
| Other Fixed Assets | 397,464 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,275,633 |
| All Other Assets | 0 |
| TOTAL ASSETS | 157,132,096 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 180,811 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 487,645 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 39,243,880 |
| Regular shares | 45,776,382 |
| All Other Shares & Deposits | 53,805,101 |
| TOTAL SHARES & DEPOSITS | 138,825,362 |
| TOTAL LIABILITIES | 139,493,818 |
| Regular Reserve | 0 |
| Other Reserves | -830,178 |
| Undivided Earnings | 18,468,456 |
| TOTAL EQUITY | 17,638,278 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 157,132,096 |
| INCOME & EXPENSE | |
| Loan Income | 5,466,345 |
| Investment Income | 780,773 |
| Other Income | 745,802 |
| Total Employee Compensation & Benefits | 2,127,408 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,599,227 |
| Non-operating Income & (Expense) | -43 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 246,529 |
| Cost of Funds | 1,968,633 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,685,180 |
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