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ALABAMA RIVER CREDIT UNION

Sep, 30, 2025 — ALABAMA RIVER CREDIT UNION is a federally insured state chartered credit union headquartered in MONROEVILLE, AL with 1 branch location and about $23.62 million in total assets. Opened 46 years ago in 1980, ALABAMA RIVER CREDIT UNION has about 2,097 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ALABAMA RIVER CREDIT UNION
Address:
(Main Office)
PO BOX 907
MONROEVILLE, AL 36461
Phone:(251) 575-2921
Fax:(251) 575-5271
Website:https://www.arivercu.com
Branches:1 branch locations
Members:2,097
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65402
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1980
Last Audited:Jun 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$23,623,814
CEO/Manager:SHARON B DOWNING
Chairperson:Johnny M House

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,878,645
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 596,386
 Other Loans 4,687,377
 TOTAL LOANS 6,018,909
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -69,962
 Land And Building 1,041,103
 Other Fixed Assets 106,194
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 205,672
 All Other Assets 0
  TOTAL ASSETS 23,623,814
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 40,720
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,101,554
 Regular shares 6,504,723
 All Other Shares & Deposits 11,507,219
  TOTAL SHARES & DEPOSITS 21,396,416
  TOTAL LIABILITIES 20,434,730
 Regular Reserve 0
 Other Reserves 474,651
 Undivided Earnings 1,712,027
  TOTAL EQUITY 2,186,678
  TOTAL LIABILITIES, SHARES, & EQUITY 22,695,974
INCOME & EXPENSE  
 Loan Income 179,222
 Investment Income 212,792
 Other Income 118,412
 Total Employee Compensation & Benefits 189,086
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 398,374
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 100,612
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 22,226
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