Sep, 30, 2025 — RIVERSIDE COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in MARION, IN with 2 branch locations and about $56.29 million in total assets. Opened 86 years ago in 1940, RIVERSIDE COMMUNITY FEDERAL CREDIT UNION has about 5,885 members and employs 20 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 COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 101 N Washington St MARION, IN 46952 |
| Phone: | (765) 662-3969 |
| Fax: | (765) 668-3457 |
| Website: | https://www.riversidecommunityfcu.org/ |
| Branches: | 2 branch locations |
| Members: | 5,885 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3775 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $56,291,722 |
| CEO/Manager: | Timothy R Moorman |
| Chairperson: | Jeffrey A Sands |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,965,779 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,689,653 |
| Unsecured Loans | 3,080,178 |
| Other Loans | 31,389,752 |
| TOTAL LOANS | 46,159,583 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -133,813 |
| Land And Building | 1,511,160 |
| Other Fixed Assets | 42,757 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 455,656 |
| All Other Assets | 10,000 |
| TOTAL ASSETS | 56,291,722 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 25,268 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 96,173 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,561,388 |
| Regular shares | 22,210,903 |
| All Other Shares & Deposits | 18,250,536 |
| TOTAL SHARES & DEPOSITS | 48,022,827 |
| TOTAL LIABILITIES | 48,144,268 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,147,454 |
| TOTAL EQUITY | 8,147,454 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 56,291,722 |
| INCOME & EXPENSE | |
| Loan Income | 2,130,342 |
| Investment Income | 260,669 |
| Other Income | 382,195 |
| Total Employee Compensation & Benefits | 966,791 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 764,547 |
| Non-operating Income & (Expense) | 25,228 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 60,716 |
| Cost of Funds | 616,398 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 442,621 |
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