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River Works Credit Union
River Works Credit Union was chartered in 1936 and its charter number is 66346.
River Works Credit Union's address registered with the NCUA
is 947 WESTERN AVENUE, LYNN, MA 01905.
As of 10/24/06, River Works CU reported $71,055,517 in assets.
The credit union currently has 9,354 members. It's Manager/CEO is Maria Bazzi.
The credit unions website is www.rwcu.com
River Works Credit Union is a member of the Massachusetts Credit Union League.
Mortgage Options
River Works Credit Union Financial Evaluation
2004
Total Assets: $62,395,377.00
Total Loans: $45,542,505.00
Net Worth Ratio: 9.75
% Share Growth: 15.41
% Loan Growth: 48.98
Loans/Assets Ratio: 72.99
Loans/Assets Ratio: 20.57
Numbers of Members: 7,104
Number of Full-time Employees: 4 |
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2005
Total Assets: $76,347,270.00
Total Loans: $64,143,174.00
Net Worth Ratio: 8.33
% Share Growth: 23.7
% Loan Growth: 40.84
Loans/Assets Ratio: 84.01
Loans/Assets Ratio: 10.2
Numbers of Members: 9,031
Number of Full-time Employees: 2.5 |
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2006
Total Assets: $67,977,212.00
Total Loans: $55,900,920.00
Net Worth Ratio: 8.95
% Share Growth: -4.16
% Loan Growth: -12.84
Loans/Assets Ratio: 82.23
Loans/Assets Ratio: 13.17
Numbers of Members: 9,322
Number of Full-time Employees: 17 |
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