RiverLand Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.95% | 5-year CD | 60 Month Certificate 2.03% - National Average |
| 0.85% | 18-month CD | 18 Month Certificate |
| 0.85% | 1-year CD | 12 Month Certificate 2.45% - Barclays 12 Month Online CD |
RiverLand Federal Credit Union is headquartered in New Orleans and is the 14th largest credit union in the state of Louisiana. It is also the 905th largest credit union in the nation. It was established in 1978 and as of June of 2018, it had grown to 54 employees and 14,763 members at 8 locations. RiverLand Federal Credit Union's CD rates are 22% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in RiverLand Federal Credit Union is open to anyone through membership in the New Orleans Arts Council. Membership is also open to employees of Entergy Corporation, Cox Communications, Teche Regional Medical Center, Baptist Community Ministries, and other select employers.
See current membership details
Related Posts
Application Denied After Costly Membership Requirement
I applied for membership in the RiverLand Credit Union because it has the highest money market rates for IRAs and HSAs. It is possible to become a member by contributing to the Arts Council of New Orleans. I made a $10 contribution to the Arts Council and submitted my application to RiverLand. I received a response from RiverLand that they would have to have proof of my membership in the Arts Council. That turned out to cost $60. I became a member because the additional interest income would have exceeded that amount. Within days, I received a denial from RiverLand. Couldn't they have let me know in the first letter that they were not intending to approve my application rather than putting me through this costly charade?
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24860 |
| Year Chartered | 1978 |
| Employees | 54 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.84% |
| Return on Equity - YTD | 9.64% |
| Annual Interest Income | $4.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $250.6MM$232.2MM |
| Loans | Q2 2018vs Q2 2017 | $208.1MM$191.6MM |
| Deposits | Q2 2018vs Q2 2017 | $203.4MM$195.0MM |
| Equity Capital | Q2 2018vs Q2 2017 | $21.7MM$19.2MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $694.00K$546.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $311.00K$521.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not RiverLand Federal 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.
RiverLand Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75% | - | - | Health Savings Account | ||
| 0.25%* | $10k* | - | Share (Savings) | ||
| OTHER TIERS: 0.10% → $105 - $10k | |||||
| 0.25% | $105 | - | Christmas Club | ||
RiverLand Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | $100k* | - | Money Market IRA | ||
| OTHER TIERS: 0.50% → $100 - $100k | |||||
| 0.40% | $1k | - | Money Market Savings | ||
| 0.15% | - | - | Money Market Checking | ||
RiverLand Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.20% | $10k | - | 60 Month Step-Up Certificate | |
| 1.95% | $1k | - | 60 Month Certificate | |
| 1.95% | $2k | - | 60 Month HSA Certificate | |
| 1.70% | $10k | - | 36 Month Step-Up Certificate | |
| 1.45% | $1k | - | 36 Month Certificate | |
| 1.45% | $2k | - | 36 Month HSA Certificate | |
| 1.45% | $10k | - | 24 Month Step-Up Certificate | |
| 1.20% | $1k | - | 24 Month Certificate | |
| 1.20% | $2k | - | 24 Month HSA Certificate | |
| 1.10% | $10k | - | 12 Month Step-Up Certificate | |
| 1.10% | $10k | - | 18 Month Step-Up Certificate | |
| 0.85% | $1k | - | 12 Month Certificate | |
| 0.85% | $1k | - | 18 Month Certificate | |
| 0.85% | $2k | - | 12 Month HSA Certificate | |
| 0.85% | $2k | - | 18 Month HSA Certificate |
RiverLand Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.95% | $1k | - | 60 Month IRA Certificate | |
| 1.45% | $1k | - | 36 Month IRA Certificate | |
| 1.20% | $1k | - | 24 Month IRA Certificate | |
| 0.85% | $1k | - | 12 Month IRA Certificate | |
| 0.85% | $1k | - | 18 Month IRA Certificate |
| RiverLand Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 639 Loyola Ave Ste 220 | New Orleans, LA 70113-3130 |
| Branch Office | 1001 Virgil St | Gretna, LA 70053-2332 |
| Branch Office | 1234 David Dr Ste 104 | Morgan City, LA 70380-1370 |
| Branch Office | Waterford 3 Nuclear Station 17265 River Rd | Killona, LA 70057 |
| Branch Office | 4809 Jefferson Hwy | Jefferson, LA 70121-3122 |
| Branch Office | 1340 Echelon Pkwy | Jackson, MS 39213-8202 |
| Branch Office | Grand Gulf Nuclear Station 7003 Bald Hill Rd | Port Gibson, MS 39150 |
| Branch Office | 10055 Grogans Mill Rd | The Woodlands, TX 77380 |