RIVERSIDE, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALTURA CREDIT UNION FKA RIVERSIDE COUNTY'S CREDIT UNION, founded in 1957, is a major nonprofit that reported $142.8M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $128.0M left a modest 10% surplus.
A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, ALTURA CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
ALTURA CREDIT UNION OFFERS TRADITIONAL BANKING SERVICES, INCLUDING CHECKING ACCOUNTS, SAVINGS ACCOUNTS, AND INVESTMENT SERVICES (RETIREMENT ACCOUNTS, STOCKS, BONDS, AND MUTUAL FUNDS) FOR PERSONAL AND...
ALTURA CREDIT UNION OFFERS TRADITIONAL BANKING SERVICES, INCLUDING CHECKING ACCOUNTS, SAVINGS ACCOUNTS, AND INVESTMENT SERVICES (RETIREMENT ACCOUNTS, STOCKS, BONDS, AND MUTUAL FUNDS) FOR PERSONAL AND BUSINESS PURPOSES. IT ALSO OFFERS MOBILE BANKING THROUGH A PHONE APPLICATION AVAILABLE FOR IPHONE, ANDROID PHONES, AND BLACKBERRY PHONES. MEMBERS CAN HAVE 24/7 ACCOUNT ACCESS, CHECK THEIR ACCOUNT AND LOAN BALANCES, TRANSFER FUNDS WITHIN AN ACCOUNT PAY THEIR CREDIT CARD AND LOAN WITHIN AN ACCOUNT, LOCATE BRANCHES AND ATM MACHINES, AND HAVE ACCESS TO OTHER MEMBER SERVICES.
ALTURA CREDIT UNION OFFERS A WIDE RANGE LINE OF CREDIT PRODUCTS TO ITS MEMBERS THAT INCLUDES VEHICLE LOANS, HOME LOANS, PERSONAL LOANS, AND CREDIT CARDS. THE ORGANIZATION OFFERS FINANCING OR...
ALTURA CREDIT UNION OFFERS A WIDE RANGE LINE OF CREDIT PRODUCTS TO ITS MEMBERS THAT INCLUDES VEHICLE LOANS, HOME LOANS, PERSONAL LOANS, AND CREDIT CARDS. THE ORGANIZATION OFFERS FINANCING OR REFINANCING FOR NEW OR USED AUTOMOBILES WITH TERMS UP TO 84 MONTHS. IT ALSO OFFERS FINANCING FOR RECREATIONAL VEHICLES, BOATS, JET SKIS, AND MOTORCYCLES. THE ORGANIZATION OFFERED TRADITIONAL AND ADJUSTABLE RATE MORTGAGES IN 2023. IN 2023, IT SPECIFICALLY SOUGHT TO ASSIST MEMBERS THAT WERE IMPACTED BY FIRE, GOVERNMENT SHUTDOWN,OR OTHER EMERGENCY, THROUGH A VARIETY OF EFFORTS BY OFFERING EMERGENCY AND OTHER SPECIALIZED LOANS. THE ORGANIZATION OFFERS TWO TYPES OF PERSONAL LOANS: SIGNATURE LOAN AND SECURED LOANS. A SIGNATURE LOAN PROVIDES UP TO $15,000 TO ITS MEMBERS FOR ANY PURPOSE. A SECURED LOAN PROVIDES LOANS TO ITS MEMBERS THAT IS SECURED BY COLLATERAL. A SECURED LOAN HAS TERMS UP TO 10 YEARS OR UP TO THE MATURITY DATE FOR A SHARE CERTIFICATE. THE ORGANIZATION ALSO OFFERS A VARIETY OF CREDIT CARDS INCLUDING MASTERCARD PLATINUM PREFERRED, MASTERCARD PLATINUM, MASTERCARD CLASSIC, AND MASTERCARD REWARDS.
ALTURA CREDIT UNION OFFERED FREE WORKSHOPS IN 2023 TO ITS MEMBERS THROUGH COMMUNITY OUTREACH AND CONNECTING WITH OUR COMMUNITY PARTNERS. THESE WORKSHOPS COVERED THE FOLLOWING TOPICS: REBUILDING AFTER...
ALTURA CREDIT UNION OFFERED FREE WORKSHOPS IN 2023 TO ITS MEMBERS THROUGH COMMUNITY OUTREACH AND CONNECTING WITH OUR COMMUNITY PARTNERS. THESE WORKSHOPS COVERED THE FOLLOWING TOPICS: REBUILDING AFTER A FINANCIAL CRISIS, SOLVING THE MYSTERY OF CREDIT REPORTS, RAISING MONEY SMART KIDS, BUILDING A BETTER BUDGET, IDENTIFY THEFT SOLUTIONS, TEN STEPS TO FINANCIAL SUCCESS, PSYCHOLOGY OF SPENDING, TEENS AND MONEY AND UNDERSTANDING CREDIT. WE ALSO OFFER ACCESS TO CERTIFIED FINANCIAL COUNSELORS (BALANCE), ONLINE COURSE AND EDUCATION ARTICLES. THE FREE ONLINE COURSES CONSIST OF VARIOUS TOPICS ENABLING OUR MEMBERS TO EXPLORE DIFFERENT ASPECTS OF FINANCIAL EDUCATION AT THEIR OWN PACE. CLASSES INCLUDED: MONEY MANAGEMENT,CHECKING ACCOUNT MANAGEMENT,THE PSYCHOLOGY OF SPENDING,THE ROAD TO HOME OWNERSHIP, FINANCIAL FIRST AID, FINANCES FOR COLLEGE STUDENTS, AND BUYING A VEHICLE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $142,842,923 | $117,960,253 | +0.2% |
| Expenses | $127,984,580 | $99,295,318 | +0.3% |
| Net Income | $14,858,343 | $18,664,935 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JERRY RIVERA | CHAIRMAN | 2.00 |
Director
|
$1,147 | $0 | $1,147 |
| JOSEPH CALDERON | VICE CHAIRMAN | 2.00 |
Director
|
$738 | $0 | $738 |
| GLORIA PEREZ | SECRETARY | 2.00 |
Director
|
$0 | $0 | $0 |
| EUGENE KIM | TREASURER | 2.00 |
Director
|
$0 | $0 | $0 |
| PERRY REED | IMMEDIATE PAST CHAIRMAN | 2.00 |
Director
|
$0 | $0 | $0 |
| BARBARA PURVIS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| NORMAN PERRY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JACQUELINE HALL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MARK BALYS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KEITH D DOWNS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| NINFA DELGADO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER BINKLEY | CEO | 40.00 |
Officer
|
$955,137 | $40,924 | $996,061 |
| KEVIN SHERRELL | EVP/CSO | 40.00 |
Officer
|
$513,597 | $19,800 | $533,397 |
| KATHLEEN THAYER | SVP/CFO | 40.00 |
Key Emp
|
$430,866 | $33,348 | $464,214 |
| CHIN H PYUN | SVP/CLO | 40.00 |
Key Emp
|
$345,521 | $25,212 | $370,733 |
| CHRIS ANDRUS | SVP/CMO | 40.00 |
Key Emp
|
$343,640 | $47,456 | $391,096 |
| ROBERT WHITTON FORMER | SVP/CXO | 40.00 |
Key Emp
|
$332,401 | $21,540 | $353,941 |
| SCOTT MURRAY | SVP/CIO | 40.00 |
Key Emp
|
$331,056 | $21,735 | $352,791 |
| NATALIE BROWN | SVP/LENDING | 40.00 |
Key Emp
|
$257,857 | $34,049 | $291,906 |
| JULIE BJORNSTAD | SVP/HR | 40.00 |
Key Emp
|
$240,785 | $37,797 | $278,582 |
| GREG REXROAD | MORTGAGE LOAN OFFICER | 40.00 |
Highest
|
$358,955 | $42,545 | $401,500 |
| GREG CHANTLER | VP, CORPORATE REAL ESTATE | 40.00 |
Highest
|
$228,848 | $41,594 | $270,442 |
| LUIS BARRIOS | COMMERCIAL BUS DEVELOPMENT OFFICER | 40.00 |
Highest
|
$227,568 | $32,821 | $260,389 |
| SOHEILA NICKMANESH | MORTGAGE LOAN OFFICER | 40.00 |
Highest
|
$215,388 | $20,657 | $236,045 |
| TURHAN HUNT | VP, MEMBER SERVICES | 40.00 |
Highest
|
$213,335 | $33,443 | $246,778 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $142,842,923 | $127,984,580 | $2,590,432,254 | $14,858,343 |
| 2022 | $117,960,253 | $99,295,318 | $2,461,240,542 | $18,664,935 |
| 2021 | $106,884,732 | $85,335,532 | $2,322,631,067 | $21,549,200 |
| 2020 | $98,303,057 | $84,375,057 | $1,961,697,946 | $13,928,000 |
| 2019 | $94,951,548 | $75,602,789 | $1,515,289,444 | $19,348,759 |
| 2018 | $83,196,671 | $68,734,005 | $1,415,150,496 | $14,462,666 |
Compare ALTURA CREDIT UNION FKA RIVERSIDE COUNTY'S CREDIT UNION with other nonprofits in California and across the country.