RIVERBANK Credit Union Profile

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RIVERBANK

Charter #3757 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (860) 292-2940

Fax: (860) 623-3031

Founding Date: N/A

Website: http://www.riverbankfcu.com

Personnel & Operations

President: Pellerano, Lynn

Manager: Stetson, Charla

FT Employees: 16

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: M-W 9am - 4pm Th 9am - 6pm F 9am - 5pm

Credit Union Profile Summary

RIVERBANK is a FCU Credit Union. With a total of 4,266 members [1], this institution manages approximately $89,156,129 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 8.81% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 1.96% [1].

Financial Snapshot

Total Assets [1]
$89,156,129

Total economic resources.

Total Loans [1]
$35,544,274

Total value of outstanding loans.

Total Deposits [1]
$80,213,058

Total funds deposited by members.

Members [1]
4,266

Number of active members.

Performance Ratios

Net Worth Ratio [1]
8.81%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.34%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
44.31%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
2.21%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
1.96%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
0.71%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

516 Spring St

Windsor Locks, CT, 06096

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by RIVERBANK (Charter #3757).

Main Office

Windsor Locks FCU Main Office

Type: Corporate Office

516 Spring St

Windsor Locks, CT 06096

Phone: (860) 292-2940

Services: Member Services, ATM, Drive-Thru

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