River Works
River Works is a credit union based in Lynn, Massachusetts, established in 1936, with $190 million in total assets serving 5,341 members. By Trust Grade it ranks 85th of 122 credit unions we track in Massachusetts. Its net worth ratio of 9.2% trails most similarly sized credit unions (18th percentile), versus a Massachusetts median of 12%. It was profitable over the most recent period, with a 0.73% return on assets. No consumer complaints against River Works appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How River Works compares to Massachusetts peers
How we graded River Works
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.2% capital ratio)
- Profitable (ROA 0.73%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for River Works over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at River Works insured?
Yes. River Works is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
River Works: frequently asked questions
Is River Works a good credit union?
River Works earns a Bankzia Trust Grade of B (86/100, "Strong"), based on a financial-strength score of 86/100 (it has no CFPB complaints on record). Well-capitalized (9.2% capital ratio); Profitable (ROA 0.73%).
Is River Works NCUA-insured?
Yes. River Works is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is River Works?
River Works holds $190 million in total assets, ranking 85th of 122 credit unions we track in Massachusetts. It serves 5,341 members.
Does River Works have CFPB complaints?
No CFPB complaints against River Works appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
