2020-11-10T08:36:27-06:00 2019-12-31 251031723 H2R CPA 525 THIRD STREET BEAVER PA 150092228 990 2019-01-01 250732150 RIVERSET CREDIT UNION RIVE 4124882525 1700 JANE STREET PITTSBURGH PA 15203 EDWARD RUSNAK EVP & CFO 4124882525 2020-11-06 true LUCAS A RIHELY CPA P00979719 7246833400 2020-11-06 50.222.15.114 2020-11-10 08:36:27 CS P A895B86FE05D903362AD86FF792982B1298D38DD A895B86FE05D903362AD86FF792982B1298D38DD 2019 2022-01-07 14:23:13Z EDWARD RUSNAK 1700 JANE STREET PITTSBURGH PA 15203 5683866 false X WWW.RIVERSET.COM X CREDIT UNION 1934 PA THE MISSION OF RIVERSET CREDIT UNION IS TO PROVIDE LOW-COST FINANCIAL INSTITUTION SERVICES TO ITS MEMBERS. 6 6 27 3083 2083 0 3799501 3674355 515154 621177 1560093 1388334 5874748 5683866 0 0 1716191 1710093 0 0 3479828 3503012 5196019 5213105 678729 470761 114428983 110490547 88200942 83800779 26228041 26689768 THE MISSION OF RIVERSET CREDIT UNION IS TO PROVIDE LOW-COST FINANCIAL INSTITUTION SERVICES TO ITS MEMBERS. false false 5213105 5683866 PROVIDE LOW-COST FINANCIAL INSTITUTION SERVICES TO ITS MEMBERS. 5213105 false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 5 0 27 true true true false false false false false false false X 6 6 false false false false true true true true true false false false true true true true true true true true true X EDWARD RUSNAK CFO 4124882525 1700 JANE STREET PITTSBURGH PA 15203 CHRISTINE CHOJNICKI PRESIDENT & 45.00 X X 628111 0 26732 EDWARD RUSNAK EVP & CFO 45.00 X 198935 0 61357 GEORGE GENSURE CHAIR 2.00 X X 11400 0 0 GERARD PAPARIELLA TREASURER 2.00 X 11400 0 0 ROY BUTERBAUGH VICE CHAIR 2.00 X X 9800 0 0 JOHN WILLIAMSON SECRETARY 2.00 X X 9800 0 0 HENRY STEPHENS JR BOARD MEMBER 2.00 X 4800 0 0 874246 88089 2 false true false FISERV 5600 CROOKS ROAD 101 TROY MI 48098 CORE PROCESSOR 907248 ENKOMPAS TECHNOLOGY SOLUTIONS 4900 PERRY HIGHWAY BUILDING 1 SUITE 200 PITTSBURGH PA 15229 IT SERVICES 158539 LENDING SOLUTIONS INC 2200 POINT BLVD ELGIN IL 60123 LENDING PROCESS 124534 BEYOND SPOTS AND DOTS 1034 FIFTH AVENUE PITTSBURGH PA 15219 ADVERTISING 123875 4 INTEREST ON HOME EQUITY FIXED 900099 1011518 1011518 INTEREST VISA CC 900099 840490 840490 INT INDIRECT AUTO USED DEALER 900099 687926 687926 INTEREST ON HOME EQUITY LOC 900099 309380 309380 INTEREST SINATURE LOANS 900099 261462 261462 563579 563579 3674355 621177 621177 OVERDRAFT ADVANCE FEE 408800 408800 INTERCHANGE INCOME-DEBIT/VISA 266757 266757 INTERCHANGE INCOME - VISA 154668 154668 558109 492240 3083 62786 1388334 5683866 5617997 3083 62786 962335 962335 431863 431863 83792 83792 112253 112253 119850 119850 107721 107721 91200 91200 144107 144107 200193 200193 128732 128732 8667 8667 474083 474083 202209 202209 42401 42401 PROFESSIONAL FEES 834639 834639 LOAN SERVICING 798563 798563 LOSS PROVISION 360000 360000 MISCELLANEOUS 110497 110497 5213105 5213105 0 0 309655 188358 27304122 31636130 81770115 73721070 5745641 3779075 2103328 1966566 531965 512443 2409798 2465980 114428983 110490547 87194165 83301031 1006777 499748 88200942 83800779 X 26228041 26689768 26228041 26689768 114428983 110490547 X 470761 -9034 X false false false 655068 655068 3390191 2165474 1224717 1700382 1613601 86781 1966566 457 B DEFFERED COMPENSATION 173327 DEBIT CARD CLEARING 155252 457 F DEFERRED COMP - MFS 97713 ACCRUED SALARY AND INCENTIVES 62000 ACCRUED EXPENSES 58509 ACCRUED DEBIT/CREDIT REWARDS 32047 OUTSIDE AUDITORS PAYABLE 20399 AIP 1 YEAR CERTIFICATE 9393 AIP 5 YEAR CERTIFICATE 7791 ADJUSTMENT SUSPENSE 7420 TRADITIONAL IRA CERT ACC DIV 7135 UNCLAIMED MO/CKS GIFT CARDS PAYABLE 4353 13 MONTH CERT ACC DIV PROMO 3701 AIP 6 MONTH CERTIFICATE 3554 AIP 18 MONTH SHARE CERT 3543 AIP 2 YEAR CERTIFICATE 2160 FSA 1574 24 MONTH CERT ACC DIV PROMO 1488 AIP 4 YEAR CERTIFICATE 1105 AIP 3 YEAR CERTIFICATE 968 ROTH IRA CERT ACC DIV 719 CREDIT LIFE INSURANCE CLEARING 472 8 MONTH CERTIFICATE 77 VISA CREDIT LIFE PAYABLE 60 FEDERAL WITHHOLDING-BACK UP 11 DRAFT CLEARING -829 ACH CLEARING -15359 SUSPENSE INDIRECT AUTO -47861 ITEMS IN TRANSIT VISA -90974 499748 X X X false true false CHRISTINE CHOJNICKI PRESIDENT & CEO 628111 8685 18047 654843 465000 EDWARD RUSNAK EVP & CFO 198935 40644 20713 260292 75000 SCHEDULE J, PAGE 1, PART I, LINE 4 EDWARD RUSNAK 0 30,372 0 SCHEDULE J, PART III AMOUNTS REPORTED UNDER PART I, LINE 4 AS NONQUALIFIED ARE BASED UPON THE AMOUNTS ACCRUED UNDER THE PLAN IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION, A CREDIT UNION, IS ORGANIZED WITH MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A SHAREHOLDERS OF THE ORGANIZATION ELECT SOME MEMBERS OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY SHAREHOLDERS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY CFO AND OTHER MEMBERS OF MANAGEMENT PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION MONITORS COMPLIANCE WITH THE CONFLICTS POLICY BY PERIODICALLY REVIEWING THE POLICY WITH OFFICERS, DIRECTORS AND OTHER KEY PERSONNEL. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR ALL OFFICERS AND KEY EMPLOYEES IS DETERMINED BY USING THIRD-PARTY ANALYSIS OF COMPARABLE COMPENSATION STRUCTURES WITHIN THE INDUSTRY. THE BOARD-OF-DIRECTORS APPROVES THE COMPENSATION AFTER THE ABOVE ANALYSIS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR ALL OFFICERS AND KEY EMPLOYEES IS DETERMINED BY USING THIRD-PARTY ANALYSIS OF COMPARABLE COMPENSATION STRUCTURES WITHIN THE INDUSTRY. THE BOARD-OF-DIRECTORS APPROVES THE COMPENSATION AFTER THE ABOVE ANALYSIS. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 KEYSTONE LENDING ALLIANCE TAX VS. GAAP DIFFERENCE -9,034