ROCKFORD MUNICIPAL EMPLOYEES Credit Union Profile

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ROCKFORD MUNICIPAL EMPLOYEES

Charter #62826 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (815) 316-4655

Fax: (815) 316-4717

Founding Date: N/A

Website: http://www.rmecu.net

Personnel & Operations

President: Parson, Wally

Manager: Mernack, Jody-

FT Employees: 5

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: 9:00 a.m. - 5:00 p.m. Monday thru Friday

Credit Union Profile Summary

ROCKFORD MUNICIPAL EMPLOYEES is a FISCU Credit Union. With a total of 2,152 members [1], this institution manages approximately $22,972,410 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 15.1% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -4.32% [1].

Financial Snapshot

Total Assets [1]
$22,972,410

Total economic resources.

Total Loans [1]
$9,905,633

Total value of outstanding loans.

Total Deposits [1]
$19,435,007

Total funds deposited by members.

Members [1]
2,152

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.1%

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]
2.79%

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

Loan-to-Share Ratio [1]
50.97%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -2.78%

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

Loan Growth (4Q) [1]
↓ -4.32%

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

Member Growth (4Q) [1]
↓ -6.96%

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

Headquarters Location & Map

Headquarters Address

634 N Church St

Rockford, IL, 61103
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by ROCKFORD MUNICIPAL EMPLOYEES (Charter #62826).

Main Office

Main Office Main Office

Type: Corporate Office

634 N Church St

Rockford, IL 61103

Phone: (815) 316-4655

Services: Member Services

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