Sep, 30, 2025 — RIVERSIDE FEDERAL CREDIT UNION is a federal credit union headquartered in KENMORE, NY with 2 branch locations and about $87.63 million in total assets. Opened 84 years ago in 1942, RIVERSIDE FEDERAL CREDIT UNION has about 8,075 members and employs 15 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 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2853 Delaware Ave KENMORE, NY 14217-2719 |
| Phone: | (716) 875-1747 |
| Fax: | (716) 875-1792 |
| Website: | https://www.radiusfcu.com |
| Branches: | 2 branch locations |
| Members: | 8,075 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24715 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $87,629,904 |
| CEO/Manager: | Lisa Hilton |
| Chairperson: | William Kearney |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,860,236 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 31,442,948 |
| Unsecured Loans | 4,151,731 |
| Other Loans | 18,152,954 |
| TOTAL LOANS | 53,747,632 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -889,297 |
| Land And Building | 3,003,830 |
| Other Fixed Assets | 280,191 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 714,939 |
| All Other Assets | 0 |
| TOTAL ASSETS | 87,629,904 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 279,280 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,567,444 |
| Regular shares | 44,919,738 |
| All Other Shares & Deposits | 12,058,612 |
| TOTAL SHARES & DEPOSITS | 74,545,795 |
| TOTAL LIABILITIES | 74,825,075 |
| Regular Reserve | 0 |
| Other Reserves | 354,267 |
| Undivided Earnings | 12,450,562 |
| TOTAL EQUITY | 12,804,829 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 87,629,904 |
| INCOME & EXPENSE | |
| Loan Income | 2,319,125 |
| Investment Income | 738,991 |
| Other Income | 393,154 |
| Total Employee Compensation & Benefits | 1,148,777 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,240,354 |
| Non-operating Income & (Expense) | 127,487 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 90,801 |
| Cost of Funds | 344,345 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,001,431 |
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