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563-355-3800
P.O. Box 4750
Rock Island, IL 61204

R.I.A. Federal Credit Union is headquartered in Rock Island and is the 18st largest credit union in the state of Illinois. It is also the 611st largest credit union in the nation. It was established in 1935 and as of December of 2013, it had grown to 105 employees and 37,803 members. R.I.A. Federal Credit Union has a A health rating.

Field of Membership Restrictions

The credit union's field of membership encompasses many different businesses and organizations as well as geographical areas. Persons who live or work in Scott, Muscatine, Rock Island, and surrounding counties in Iowa and Illinois are eligible for membership, as are persons residing or employed in Monroe and parts of Juneau counties in Wisconsin. Select employee groups in Carroll County and Jo Daviess County in Illinois are also located within R.I.A. Federal Credit Union's field of membership. - See Details

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 R.I.A. Federal Credit Union had $1.85 million in non-current loans and owned real-estate with $33.56 million in equity and loan loss allowances on hand to cover it. This gives R.I.A. Federal Credit Union a Texas Ratio of 5.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for R.I.A. Federal Credit Union experienced no significant changes from 4.79% as of December 31, 2012 to 5.51% as of December 31, 2013, resulting in a negative change of 15.01%. This indicates that the balance sheet and financial strength for R.I.A. Federal Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, R.I.A. Federal Credit Union has increased its total deposits by $5.8 million, resulting in 1.89% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth R.I.A. Federal Credit Union has shown is above average.

Capitalization

GRADE:
B

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. R.I.A. Federal Credit Union has $346.09 million in assets with $33.56 million in equity, resulting in a capitalization level of 9.70%, which is above average.

Institution Statistics

Overall
NCUA #17117
Year Chartered1935
Employees105
Primary Regulator
Assets and Liabilities
Assets$346.09 million
Loans$214.98 million
Deposits$312.44 million
Equity Capital$31.44 million
Loan Loss Allowance$2.11 million
Unbacked Noncurrent Loans$1.83 million
Real Estate Owned$21,000
Historic Data - December 2012
Assets$344.33 million
Equity Capital$33.52 million
Loan Loss Allowance$2.11 million
Unbacked Noncurrent Loans$1.83 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.63%
Return on Assets0.31%
Return on Equity3.37%
Interest Income$13.58 million
Rates

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Locations

R.I.A. Federal Credit Union has 11 locations. Click to view all R.I.A. Federal Credit Union locations.