Rivermark Community Credit Union is headquartered in Beaverton and is the 10st largest credit union in the state of Oregon. It is also the 385th largest credit union in the nation. It was established in 1951 and as of December of 2013, it had grown to 150 employees and 65,043 members. Rivermark Community Credit Union has a B+ health rating.
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
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.
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 Rivermark Community Credit Union had $7.35 million in non-current loans and owned real-estate with $55.58 million in equity and loan loss allowances on hand to cover it. This gives Rivermark Community Credit Union a Texas Ratio of 13.23% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Rivermark Community Credit Union decreased slightly from 15.95% as of December 31, 2012 to 13.23% as of December 31, 2013, resulting in a positive change of 17.03%.This indicates that the balance sheet and financial strength for Rivermark Community Credit Union has improved slightly in recent periods.
In the past year, Rivermark Community Credit Union has increased its total deposits by $15.29 million, resulting in 3.08% 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.
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 $569.31 million in assets with $55.58 million in equity, resulting in a capitalization level of 9.76%, which is above average.
|Assets and Liabilities|
|Equity Capital||$50.91 million|
|Loan Loss Allowance||$4.67 million|
|Unbacked Noncurrent Loans||$5.04 million|
|Real Estate Owned||$2.32 million|
|Historic Data - December 2012|
|Equity Capital||$46.30 million|
|Loan Loss Allowance||$6.04 million|
|Unbacked Noncurrent Loans||$5.04 million|
|Real Estate Owned||$3.45 million|
|Profit Margin - Quarterly|
|Net Interest Margin||4.64%|
|Return on Assets||1.14%|
|Return on Equity||12.78%|
|Interest Income||$20.79 million|
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|0.20%||-||-||Roth IRA Savings|
|0.20%||-||-||Dollar Dog Savings|
|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|
|0.80%||$500||-||36 Month IRA (Traditional,Roth,CESA)|
|0.60%||$500||-||24 Month IRA (Traditional,Roth,CESA)|
|0.35%||$500||-||12 Month IRA (Traditional,Roth,CESA)|
|0.20%||$500||-||6 Month IRA (Traditional,Roth,CESA)|
|Rivermark Community Credit Union Locations|
|Branch Office||2537 SE Hawthorne Blvd||Portland, OR 97214|
|Branch Office||4875 SW Griffith Dr||Beaverton, OR 97005-8722|
|Branch Office||1240 W 6th St||The Dalles, OR 97058|
|Branch Office||901 SW Highland Dr||Gresham, OR 97080-6369|
|Branch Office||8505 SW Creekside Pl||Beaverton, OR 97008-7165|
|Branch Office||501 Deschutes Ave||Maupin, OR 97037-7002|
|Branch Office||14985 SW Barrows Rd Ste 119||Beaverton, OR 97007-7566|