Dec, 31, 2023 — RIVERVIEW FEDERAL CREDIT UNION is a federal credit union headquartered in BELPRE, OH with 4 branch locations and about $105.50 million in total assets. Opened 56 years ago in 1968, RIVERVIEW FEDERAL CREDIT UNION has about 7,398 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RIVERVIEW FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 403 Main St BELPRE, OH 45714-1615 |
| Phone: | (740) 423-4260 |
| Fax: | (740) 423-1144 |
| Website: | https://www.riverviewcu.com |
| Branches: | 4 branch locations |
| Members: | 7,398 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24904 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $105,496,559 |
| CEO/Manager: | Brendan Healy |
| Chairperson: | Mark Minerd |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,192,834 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 42,411,205 |
| Unsecured Loans | 3,225,194 |
| Other Loans | 33,401,650 |
| TOTAL LOANS | 79,038,049 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,131,136 |
| Land And Building | 859,932 |
| Other Fixed Assets | 130,319 |
| NCUSIF Deposit | 855,407 |
| All Other Assets | 24,762 |
| TOTAL ASSETS | 105,496,559 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 185 |
| Notes & Interest Payable | 13,534,503 |
| Accounts Payable & Other Liabilities | 754,177 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,525,976 |
| Regular shares | 29,933,504 |
| All Other Shares & Deposits | 45,240,045 |
| TOTAL SHARES & DEPOSITS | 84,699,525 |
| TOTAL LIABILITIES | 98,988,390 |
| Regular Reserve | 0 |
| Other Reserves | -1,522,709 |
| Undivided Earnings | 8,030,878 |
| TOTAL EQUITY | 6,508,169 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 105,496,559 |
| INCOME & EXPENSE | |
| Loan Income | 4,498,685 |
| Investment Income | 688,585 |
| Other Income | 1,250,067 |
| Total Employee Compensation & Benefits | 1,898,654 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,667,323 |
| Non-operating Income & (Expense) | -138,450 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,584,185 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 364,778 |
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