Sep, 30, 2025 — RIVERFORK FEDERAL CREDIT UNION is a federal credit union headquartered in GRAND FORKS, ND with 1 branch location and about $31.13 million in total assets. Opened 67 years ago in 1959, RIVERFORK FEDERAL CREDIT UNION has about 2,156 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RIVERFORK FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 711 N Washington St GRAND FORKS, ND 58203 |
| Phone: | (701) 775-0593 |
| Fax: | (701) 780-9545 |
| Website: | https://www.riverforkfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,156 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13067 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $31,125,138 |
| CEO/Manager: | Lonny Nygren |
| Chairperson: | Doug Ferrie |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,372,307 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,508,335 |
| Unsecured Loans | 860,293 |
| Other Loans | 9,162,312 |
| TOTAL LOANS | 13,530,940 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -76,163 |
| Land And Building | 172,102 |
| Other Fixed Assets | 8,674 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 242,299 |
| All Other Assets | 0 |
| TOTAL ASSETS | 31,125,138 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 329 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 154,831 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,811,851 |
| Regular shares | 17,242,912 |
| All Other Shares & Deposits | 5,734,345 |
| TOTAL SHARES & DEPOSITS | 26,789,108 |
| TOTAL LIABILITIES | 26,944,268 |
| Regular Reserve | 0 |
| Other Reserves | 288,590 |
| Undivided Earnings | 3,892,280 |
| TOTAL EQUITY | 4,180,870 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 31,125,138 |
| INCOME & EXPENSE | |
| Loan Income | 617,915 |
| Investment Income | 349,685 |
| Other Income | 38,652 |
| Total Employee Compensation & Benefits | 269,177 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 288,350 |
| Non-operating Income & (Expense) | 14,895 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 76,163 |
| Cost of Funds | 275,282 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 187,886 |
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