At Rio Blanco Schools, 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 are proud to share our strong financial position, which reflects our commitment to serving you well. With a
net worth of $1,441,869, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of $1,849 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$1,952,602 in share certificates, offering stable and rewarding financial growth opportunities. This means your investments with us are not only safe but also positioned to grow over time. 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. Our commitment to reinvesting in our community is evident in our
$1,339,162 in undivided earnings. These funds allow us to invest in innovative banking tools and stronger lending options to serve you better. With
$181 in used auto loans and
$4,148,890 in total loans and leases, our lending capacity supports members' financial goals across various sectors. This diversity ensures that whatever your needs may be whether it's buying a car or funding a project we're here to help. Our operational efficiency is reflected in our
$0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
2 full-time employees and
2 part-time employees who are dedicated to providing excellent service. The trust you place in us is shown through our growing membership base of
1,073, underscoring the confidence that others have found by choosing Rio Blanco Schools as their financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Rio Blanco Schools is your trusted partner. Visit us at 6000 28Th St Ne Grand Rapids Mi 49546 or call (800) 327-3478 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.