Overview / Commentary
Riverfront Federal Credit Union is headquartered in Wyomissing and is the 32nd largest credit union in the state of Pennsylvania. It is also the 1,004th largest credit union in the nation. It was established in 1948 and as of September of 2024, it had grown to 50 employees and 23,213 members at 3 locations. Riverfront Federal Credit Union has an A health rating.
Field of Membership Restrictions
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
Health
A
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5856 |
| Year Chartered | 1948 |
| Employees | 50 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.23% |
| Return on Equity - YTD | 2.98% |
| Annual Interest Income | $10.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $310.3MM$285.7MM |
| Loans | Q3 2024vs Q3 2023 | $221.1MM$217.3MM |
| Deposits | Q3 2024vs Q3 2023 | $285MM$259.1MM |
| Equity Capital | Q3 2024vs Q3 2023 | $23.6MM$21MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $1.8MM$1.4MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $836K$874K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |