Riverfront Federal Credit Union is headquartered in Wyomissing and is the 33rd largest credit union in the state of Pennsylvania. It is also the 1,039th largest credit union in the nation. It was established in 1948 and as of June of 2023, it had grown to 55 employees and 22,722 members at 2 locations. Riverfront Federal Credit Union's CD rates are 6X the national average, and it has a B+ health rating.
Riverfront Federal Credit Union is open to individuals who live, work, worship, or attend school in Berks County, Pennsylvania, or are a legal entity doing business in Berks County. Membership is also open to immediate family of current members.
See current membership details
I made a choice to switch to a credit union earlier this year after using a local bank for years. After moving to different location in my state, my bank did not have any locations in the area, so I had to switch, and their checking fees were a bit too high for me. I decided to change my services to a credit union because I heard nothing but good things about them. I am so glad I did. Their service has been exceptional. They tellers and financial advisors are all super friendly and helpful, and know me by name, obviously because they are a smaller institution and have fewer customers. They also participate in shared branching, which is great because if I need to deposit money in my checking account anywhere, I can go to another credit union regardless of brand and deposit money in my account, if that other credit union participates in shared branching as well, which is a great feature. The credit union I use also does not charge me a fee for having under a certain amount in my account which is also something that is great, and something my last bank did.
Overall | |
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NCUA # | 5856 |
Year Chartered | 1948 |
Employees | 55 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.48% |
Return on Equity - YTD | 6.95% |
Annual Interest Income | $5.7MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $286.1MM$276.9MM |
Loans | Q2 2023vs Q2 2022 | $214.0MM$191.8MM |
Deposits | Q2 2023vs Q2 2022 | $260.1MM$256.5MM |
Equity Capital | Q2 2023vs Q2 2022 | $19.9MM$19.4MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$1.1MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $390.00K$349.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.62%* | $250k* | - | Step-Up Money Market | ||
OTHER TIERS: 1.50% → $5k - $25k | 1.53% → $25k - $100k | 1.58% → $100k - $250k | |||||
1.50%* | $500* | $10k | Money Market | ||
OTHER TIERS: 0.60% → $10k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | - | - | Checking |
Riverfront Federal Credit Union Locations | ||
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Branch Office | 2001 Museum Rd | Wyomissing, PA 19610-2859 |
Corporate Office | 2609 Keiser Blvd | Wyomissing, PA 19610 |