Overview / Commentary
Rivertrust Federal Credit Union is headquartered in Pearl and is the 7th largest credit union in the state of Mississippi. It is also the 1,303rd largest credit union in the nation. It was established in 1935 and as of March of 2021, it had grown to 15 employees and 8,207 members at 1 location. Rivertrust Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Rivertrust Federal Credit Union is open to anyone who lives, works, goes to school, worships, or volunteers in any of the cities, towns, or counties as outlined by the credit union (outlined map listed on the credit union's website). Friends of the Pearl Library, Richland Library or members of any one of the more than 120 employer groups are also eligible to join.
See current membership details
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Health
A+
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 473 |
| Year Chartered | 1935 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 4.67% |
| Annual Interest Income | $858.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $178.0MM$166.4MM |
| Loans | Q1 2021vs Q1 2020 | $64.0MM$59.5MM |
| Deposits | Q1 2021vs Q1 2020 | $149.3MM$137.1MM |
| Equity Capital | Q1 2021vs Q1 2020 | $28.2MM$29.0MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $200.00K$215.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $111.00K$213.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |