River Works Credit Union

Headquarters

947 Western Ave
Lynn, MA 01905
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Notable Rates APY Vs.Others
Savings 0.05% 4.15% →
1-Year CD 0.30% 4.59% →
2-Year CD 0.50% 4.45% →
5-Year CD 0.75% 4.50% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2026 Overview

General Credit Union Information

River Works is an NCUA insured institution located in Lynn, MA. It was founded in 1936 and has approximately $184.94 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 66346
Date Established 1936
Assets $184.94 million
Loans $146.87 million
Deposits $165.90 million
Capital $17.14 million
 

Field of Membership Restrictions

Membership is open to those who live or work in Middlesex, Essex, and Suffolk Counties; current, future and former employees of General Electric Company in Lynn, Massachusetts and its affiliates (Electric Insurance, G.E. Apparatus Service Center, Butler Services, G.E. Corporate Supply, Fitness System inc., Belcan Corporation); employees, regular members and registered apprentices of IBEW Locals 103, 104, and 223.

Deposit Rates - September 17, 2026

Your Current Location: Iowa, IA

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
30 Mo CD
0.50% $10,000 $14,999 Learn More
30 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.50% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.75% $10,000 $14,999 Learn More
48 Mo CD
0.75% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 17, 2026

Your Current Location: Iowa, IA

There are currently no loan rates available for River Works

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Iowa 30 Year Fixed Mortgage Rates 2026

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Featured - Iowa Home Equity Line Of Credit Rates 2026

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Note to River Works
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Branches

Below are River Works branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fort Madison,Iowa


River Works Locations




Climate Policy and Initiatives

RIVER WORKS is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

River Works Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of River Works. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
River Works U.S. Average
3.50% 6.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2025, River Works had $576,186 in non-current loans and $35,000 in owned assets. To cover these potential losses it had $17,143,785 in net worth and $323,697 in loans loss reserves. That gives it a Texas Ratio of 3.50%.

Net Worth
River Works U.S. Average
9.27% 14.48%

River Works FCU has a net worth of 9.27% versus the BestCashCow average of 14.48. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for River Works

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