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Overview / Commentary
503-626-6600
8505 SW Creekside Pl
Beaverton, OR 97008-7165

Rivermark Community Credit Union is headquartered in Beaverton and is the 10st largest credit union in the state of Oregon. It is also the 387th largest credit union in the nation. It was established in 1951 and as of March of 2014, it had grown to 155 employees and 65,693 members. Rivermark Community Credit Union has a B+ health rating.

Field of Membership Restrictions

Rivermark membership is available to anyone who lives or works in the following Oregon Counties: Multnomah, Washington, Polk, Gilliam, Clackamas, Yamhill, Sherman, Wheeler, Marion, Hood River and Wasco. Also, family members or domestic partners of anyone residing in the aforementioned counties can join. - See Details

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Reviews (1)

I love this credit union

I've been with Rivermark for a long time. Over 25 years ago I went to them with bad
credit and they helped repair my credit in a way that did not cost me any money.
I've been loyal to them ever since. I love the free checking that pays me interest.
I use them as my primary bank. Also, they have a dollar dog program for kids to save
and they have incentives where kids can earn prizes for saving money. When you go in
the staff is always really friendly and I'm happy that they started having Sat.
hours.



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Rivermark Community Credit Union had $6.04 million in non-current loans and owned real-estate with $56.48 million in equity and loan loss allowances on hand to cover it. This gives Rivermark Community Credit Union a Texas Ratio of 10.70% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Rivermark Community Credit Union decreased slightly from 13.29% as of March 31, 2013 to 10.70% as of March 31, 2014, resulting in a positive change of 19.51%.This indicates that the balance sheet and financial strength for Rivermark Community Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
A

In the past year, Rivermark Community Credit Union has increased its total deposits by $19.93 million, resulting in 3.88% 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 Rivermark Community Credit Union has shown is excellent.

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. Rivermark Community Credit Union has $590.29 million in assets with $56.48 million in equity, resulting in a capitalization level of 9.57%, which is above average.

Institution Statistics

Overall
NCUA #65644
Year Chartered1951
Employees155
Primary Regulator
Assets and Liabilities
Assets$590.29 million
Loans$419.45 million
Deposits$534.23 million
Equity Capital$52.37 million
Loan Loss Allowance$4.10 million
Unbacked Noncurrent Loans$3.55 million
Real Estate Owned$2.50 million
Historic Data - March 2013
Assets$569.90 million
Equity Capital$47.83 million
Loan Loss Allowance$5.62 million
Unbacked Noncurrent Loans$3.55 million
Real Estate Owned$3.46 million
Profit Margin - Quarterly
Net Interest Margin1.1%
Return on Assets0.65%
Return on Equity7.35%
Interest Income$5.07 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Rivermark Community Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Rivermark Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%--GO! Savings
0.20%--Roth IRA Savings
0.20%-$2,500Rewards Savings - Qualifying
0.20%--Dollar Dog Savings
0.20%--Tax Savings
0.20%--Holiday Savings
0.20%--IRA Savings
0.20%--CESA Savings
0.15%--Rewards Savings - Non Qualifying

Rivermark Community Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$25k-Money Market

Rivermark Community Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.01%-$15kRewards Checking - Qualifying
0.10%--Rewards Checking - Non Qualifying

Rivermark Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.80%$500-36 Month Regular CD
0.60%$500-24 Month Regular CD
0.35%$500-12 Month Regular CD
0.20%$500-6 Month Regular CD

Rivermark Community Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.80%$500-36 Month IRA
0.60%$500-24 Month IRA
0.35%$500-12 Month IRA
0.20%$500-6 Month IRA
Locations


Rivermark Community Credit Union Locations
Branch Office2537 SE Hawthorne BlvdPortland, OR 97214
Branch Office4875 SW Griffith DrBeaverton, OR 97005-8722
Branch Office1240 W 6th StThe Dalles, OR 97058
Branch Office901 SW Highland DrGresham, OR 97080-6369
Branch Office8505 SW Creekside PlBeaverton, OR 97008-7165
Branch Office501 Deschutes AveMaupin, OR 97037-7002
Branch Office14985 SW Barrows Rd Ste 119Beaverton, OR 97007-7566