Overview / Commentary
RiverFall Credit Union is headquartered in Tuscaloosa and is the 31st largest credit union in the state of Alabama. It is also the 1,419th largest credit union in the nation. It was established in 1953 and as of September of 2022, it had grown to 36 employees and 13,243 members at 4 locations. RiverFall Credit Union has a B health rating.
Field of Membership Restrictions
RiverFall Credit Union is open to anyone who lives, works, worships, of attends school in Bibb, Fayette, Greene, Hale, Pickens, or Tuscaloosa Counties in Alabama.
See current membership details
Health
B
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60942 |
| Year Chartered | 1953 |
| Employees | 36 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 8.2% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $163.6MM$164.3MM |
| Loans | Q3 2022vs Q3 2021 | $92.1MM$92.5MM |
| Deposits | Q3 2022vs Q3 2021 | $150.2MM$143.7MM |
| Equity Capital | Q3 2022vs Q3 2021 | $12.2MM$19.2MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $430.00K$353.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $1.6MM$1.0MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |