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Riverside Health System Employees' Credit Union


Overview / Commentary
757-594-2030
500 J Clyde Morris Blvd
Newport news, VA 23601-1929

Riverside Health System Employees' Credit Union is headquartered in Newport news and is the 94th largest credit union in the state of Virginia. It is also the 4,262nd largest credit union in the nation. It was established in 1970 and as of March of 2018, it had grown to 4 employees and 3,075 members at 1 location. Riverside Health System Employees' Credit Union has a B health rating.

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Health
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 - YTD0.05%
Return on Equity - YTD0.28%
Annual Interest Income$88.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$8.8MM$8.8MM
LoansQ1 2018vs Q1 2017$3.9MM$3.9MM
DepositsQ1 2018vs Q1 2017$7.4MM$7.3MM
Equity CapitalQ1 2018vs Q1 2017$1.4MM$1.4MM
Loan Loss AllowanceQ1 2018vs Q1 2017$37.00K$22.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$43.00K$8.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates

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Locations


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

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