Jun, 30, 2024 — RIVER BEND FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH BEND, IN with 1 branch location and about $7.13 million in total assets. Opened 76 years ago in 1949, RIVER BEND FEDERAL CREDIT UNION has about 789 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RIVER BEND FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 718 Chapin St SOUTH BEND, IN 46601 |
| Phone: | (574) 288-1949 |
| Fax: | (574) 288-5101 |
| Website: | https://www.riverbendfcu.com |
| Branches: | 1 branch locations |
| Members: | 789 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6204 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,125,958 |
| CEO/Manager: | Regina J Geels |
| Chairperson: | David Szymzak |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,061,312 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 105,018 |
| Unsecured Loans | 79,804 |
| Other Loans | 2,799,321 |
| TOTAL LOANS | 2,984,143 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,164 |
| Land And Building | 183,364 |
| Other Fixed Assets | 2,722 |
| NCUSIF Deposit | 59,061 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,125,958 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -4,488 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 936,587 |
| Regular shares | 4,342,986 |
| All Other Shares & Deposits | 798,036 |
| TOTAL SHARES & DEPOSITS | 6,077,609 |
| TOTAL LIABILITIES | 6,073,121 |
| Regular Reserve | 0 |
| Other Reserves | 64,774 |
| Undivided Earnings | 988,063 |
| TOTAL EQUITY | 1,052,837 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,125,958 |
| INCOME & EXPENSE | |
| Loan Income | 109,356 |
| Investment Income | 19,991 |
| Other Income | 26,794 |
| Total Employee Compensation & Benefits | 84,665 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 72,336 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,669 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,173 |
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