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Overview / Commentary
500 J Clyde Morris Blvd
Newport news, VA 23601-1929

Riverside Health System Employees' Credit Union is headquartered in Newport news and is the 96th largest credit union in the state of Virginia. It is also the 4,448th largest credit union in the nation. It was established in 1970 and as of June of 2016, it had grown to 4 employees and 3,128 members at 1 location. Riverside Health System Employees' Credit Union has a B health rating.

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Health
B
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Riverside Health System Employees' Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #62418
Year Chartered1970
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD-0.26%
Return on Equity - YTD-1.55%
Annual Interest Income$175.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$8.4MM$8.2MM
LoansQ2 2016vs Q2 2015$3.9MM$4.0MM
DepositsQ2 2016vs Q2 2015$6.9MM$6.7MM
Equity CapitalQ2 2016vs Q2 2015$1.4MM$1.4MM
Loan Loss AllowanceQ2 2016vs Q2 2015$50.00K$21.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$99.00K$49.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Rates
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Riverside Health System Employees' Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$1k-Thrift Account
0.25%$100-Regular Share Savings
0.20%--Christmas Shares Account
0.20%--Vacation Account
Locations


Riverside Health System Employees' Credit Union Locations
Branch Office500 J Clyde Morris BlvdNewport news, VA 23601-1929