Sep, 30, 2025 — R.I.A. FEDERAL CREDIT UNION is a federal credit union headquartered in BETTENDORF, IA with 11 branch locations and about $641.55 million in total assets. Opened 91 years ago in 1935, R.I.A. FEDERAL CREDIT UNION has about 40,206 members and employs 139 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | R.I.A. FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4343 Utica Ridge Rd BETTENDORF, IA 52722 |
| Phone: | (563) 355-3800 |
| Fax: | (563) 355-9680 |
| Website: | https://www.riafcu.com/ |
| Branches: | 11 branch locations |
| Members: | 40,206 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17117 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $641,550,132 |
| CEO/Manager: | James Watts |
| Chairperson: | William Patterson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 18,137,993 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 248,141,589 |
| Unsecured Loans | 52,570,448 |
| Other Loans | 190,203,111 |
| TOTAL LOANS | 490,915,148 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,335,072 |
| Land And Building | 11,572,580 |
| Other Fixed Assets | 1,663,278 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,511,662 |
| All Other Assets | 863,472 |
| TOTAL ASSETS | 641,550,132 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,411 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,477,506 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 108,906,227 |
| Regular shares | 140,415,203 |
| All Other Shares & Deposits | 347,751,038 |
| TOTAL SHARES & DEPOSITS | 597,072,468 |
| TOTAL LIABILITIES | 599,556,726 |
| Regular Reserve | 0 |
| Other Reserves | -10,419,209 |
| Undivided Earnings | 52,412,615 |
| TOTAL EQUITY | 41,993,406 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 641,550,132 |
| INCOME & EXPENSE | |
| Loan Income | 24,011,379 |
| Investment Income | 2,586,109 |
| Other Income | 1,608,968 |
| Total Employee Compensation & Benefits | 7,304,154 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 11,115,473 |
| Non-operating Income & (Expense) | -73,627 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,213,825 |
| Cost of Funds | 8,189,641 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,483,027 |
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