Featured Savings Rates
Featured Accounts

River Works Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.65%5-year CD60 Month CD
0.65%1-year CD12 Month CD
0.15%SavingsShare Savings Account

Overview / Commentary
781-599-0096
947 Western Ave
Lynn, MA 01905-2640

River Works Credit Union is headquartered in Lynn and is the 55th largest credit union in the state of Massachusetts. It is also the 1,544th largest credit union in the nation. It was established in 1936 and as of March of 2017, it had grown to 20 employees and 6,487 members at 2 locations. River Works Credit Union's money market rates are 36% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Middlesex, Essex, and Suffolk Counties; current, future and former employees of General Electric Company in Lynn, Massachusetts and its affiliates (Electric Insurance, G.E. Apparatus Service Center, Butler Services, G.E. Corporate Supply, Fitness System inc., Belcan Corporation); employees, regular members and registered apprentices of IBEW Locals 103, 104, and 223.
See current membership details

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
NCUA #66346
Year Chartered1936
Employees20
Primary Regulator
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD2.96%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$107.8MM$114.4MM
LoansQ1 2017vs Q1 2016$68.2MM$93.3MM
DepositsQ1 2017vs Q1 2016$90.2MM$91.9MM
Equity CapitalQ1 2017vs Q1 2016$13.8MM$13.6MM
Loan Loss AllowanceQ1 2017vs Q1 2016$844.00K$379.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$910.00K$223.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not River Works Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

River Works Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$25-IRA Accumulator
0.15%$25-Share Savings Account
0.15%$25-Holiday Club
0.15%$25-Fuel Club
0.15%$25-Vacation Club

River Works Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$100k*-Money Market Account
OTHER TIERS: 0.15% $1,500 - $25k | 0.40% $25k - $75k | 0.50% $75k - $100k

River Works Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$10k*-Preferred Checking
OTHER TIERS: 0.05% $500 - $2,500 | 0.10% $2,500 - $5k | 0.15% $5k - $10k

River Works Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.65%$500-60 Month CD
1.25%$500-48 Month CD
1.10%$500-36 Month CD
0.95%$500-24 Month CD
0.80%$500-18 Month CD
0.65%$500-12 Month CD
0.40%$500-6 Month CD
0.25%$500-3 Month CD

River Works Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.45%$25k-48 Month IRA
1.30%$500-36 Month IRA
0.95%$500-24 Month IRA
0.90%$500-18 Month IRA
Locations


River Works Credit Union Locations
Branch Office947 Western AveLynn, MA 01905-2640
Branch Office256 Freeport StDorchester, MA 02122-2845