RAVE FINANCIAL Credit Union Profile
Showing details for RAVE FINANCIAL Credit Union.
Credit Union Profile for: RAVE FINANCIAL
RAVE FINANCIAL
Headquarters Contact & Staff
Personnel & Operations
President: Waldrop, Gary
Manager: Doucet, John
FT Employees: 277
PT Employees: 2
Designations & Ratios
MDI Status: No
RBC Ratio: 0%
Membership Type: 99
Branches: 14
Hours: Lobby Hours Mon-Thurs: 9:00AM - 5:30PM Fri:
Credit Union Profile Summary
RAVE FINANCIAL is a FISCU Credit Union. With a total of 83,066 members [1], this institution manages approximately $1,147,180,029 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 13.11% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 9.46% [1].
Financial Snapshot
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
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No branch locations found for this credit union in the database.