A Message from the CEO
By now, you have probably seen the news regarding recent bank failures, the largest being Silicon Valley Bank in California. We know this type of news can be troubling, so I want to assure you that Rivermark continues to be financially safe and sound.
For more than 72 years, Rivermark has applied strong financial risk management practices by investing first in our members and their financial well-being.
- Rivermark maintains a diversified balance sheet and is well-capitalized above National Credit Union Administration (NCUA) standards.
- Our capital serves to protect our members while providing us the capacity to absorb shocks in the market.
- Your money is safe with Rivermark. The National Credit Union Share Insurance Fund insures your money, and it is protected up to $250,000 per individual depositor.
Thank you for the trust you put in us as your member-owned financial cooperative. We will continue to act in the best interest of our membership and the communities we serve.