At Riegel, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that in today's world, having a reliable financial partner is essential. That's why we are proud to share our solid financial position with you. With a
net worth of $16,448,922, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our commitment to sound management practices is reflected in our
net worth ratio of $998, which demonstrates a solid capital foundation. This ensures that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$20,531,540 in share certificates, offering stable and rewarding financial growth opportunities. This illustrates our dedication to helping you grow your finances safely. Unlike traditional banks, we prioritize our members. With non-member deposits at
$0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. In addition to our healthy net worth, we boast
$13,629,822 in undivided earnings. This allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with
$452 in used auto loans and
$46,275,050 in total loans and leases. Our operational efficiency is reflected by our
$0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
26 full-time employees and
9 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments):
$27,816. Total Share and Deposit Accounts:
14,222, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Riegel is your trusted partner. Visit us at 25 Reaville Ave Flemington Nj 08822 or call (908) 782-4587 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results.
