2019-10-31T07:27:03-05:00 2018-12-31 251615634 COTTRILL ARBUTINA & ASSOCIATES 525 THIRD STREET BEAVER PA 150092228 990 2018-01-01 250732150 RIVERSET CREDIT UNION RIVE 4124882525 1700 JANE STREET PITTSBURGH PA 15203 EDWARD RUSNAK EVP & CFO 4124882525 2019-10-30 true LUCAS A RIHELY CPA P00979719 7246833400 2019-10-30 50.222.15.114 2019-10-31 07:27:03 CD P A895B86FE05D903362AD86FF792982B1298D38DD 93D305AD1B38B873043D92AB296DBBC70224FEC7 2018 2019-02-21 02:37:17Z EDWARD RUSNAK 1700 JANE STREET PITTSBURGH PA 15203 5874748 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 28 3616 2616 0 3782073 3799501 325802 515154 1591109 1560093 5698984 5874748 0 0 1731743 1716191 0 0 3462151 3479828 5193894 5196019 505090 678729 113174117 114428983 87628578 88200942 25545539 26228041 THE MISSION OF RIVERSET CREDIT UNION IS TO PROVIDE LOW-COST FINANCIAL INSTITUTION SERVICES TO ITS MEMBERS. false false 5196019 5874750 PROVIDE LOW-COST FINANCIAL INSTITUTION SERVICES TO ITS MEMBERS. 5196019 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 28 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 246179 0 71213 GEORGE GENSURE CHAIR 2.00 X X 9900 0 0 GERARD PAPARIELLA TREASURER 2.00 X 9900 0 0 ROY BUTERBAUGH VICE CHAIR 2.00 X X 7900 0 0 JOHN WILLIAMSON SECRETARY 2.00 X X 7900 0 0 HENRY STEPHENS JR BOARD MEMBER 2.00 X 2000 0 0 EDWARD RUSNAK EVP & CFO 45.00 X 118932 0 49028 402711 120241 2 false true false FISERV 5600 CROOKS ROAD 101 TROY MI 48098 CORE PROCESSOR 900578 LENDING SOLUTIONS INC 2200 POINT BLVD ELGIN IL 60123 LENDING PROCESS 163286 ENKOMPAS TECHNOLOGY SOLUTIONS 4900 PERRY HIGHWAY BUILDING 1 SUITE 200 PITTSBURGH PA 15229 IT SERVICES 116059 BEYOND SPOTS AND DOTS 1034 FIFTH AVENUE PITTSBURGH PA 15219 ADVERTISING 100600 4 LOAN INTEREST INCOME 3799501 3799501 3799501 515154 515154 FEE INCOME 812773 812773 INTERCHANGE INCOME 517151 517151 OTHER INCOME 152368 152368 77801 3616 74185 1560093 5874748 5796947 3616 74185 522952 522952 862346 862346 102941 102941 118093 118093 109859 109859 138119 138119 89894 89894 140139 140139 209863 209863 142191 142191 8195 8195 355887 355887 211396 211396 49309 49309 PROFESSIONAL FEES 874080 874080 LOAN SERVICING 824094 824094 LOSS PROVISION 336000 336000 MISCELLANEOUS 100661 100661 5196019 5196019 0 0 128778 309655 12936652 27304122 90602882 81770115 5680193 3576865 2283938 2103328 1993720 574523 531965 4653624 2409798 113174117 114428983 86411132 87194165 1217446 1006777 87628578 88200942 X 25545539 26228041 25545539 26228041 113174117 114428983 X 678729 6280 -2507 X false false false 655068 655068 3390191 2029349 1360842 1634934 1547516 87418 2103328 457 F DEFERRED COMP - MFS 607340 DEBIT CARD CLEARING 142371 457 B DEFFERED COMPENSATION 137655 ACCRUED EXPENSES 79334 ACCRUED SALARY AND INCENTIVES 62500 OUTSIDE AUDITORS PAYABLE 33135 ACCRUED DEBIT/CREDIT REWARDS 31888 AIP 5 YEAR CERTIFICATE 8453 TRADITIONAL IRA CERT ACC DIV 6743 AIP 1 YEAR CERTIFICATE 3968 AIP 6 MONTH CERTIFICATE 3130 UNCLAIMED MO/CKS GIFT CARDS PAYABLE 2840 13 MONTH CERT ACC DIV PROMO 2456 AIP 3 YEAR CERTIFICATE 2190 AIP 2 YEAR CERTIFICATE 2104 AIP 18 MONTH SHARE CERT 1705 24 MONTH CERT ACC DIV PROMO 1498 ADJUSTMENT SUSPENSE 894 CREDIT LIFE INSURANCE CLEARING 830 FSA 788 AIP 4 YEAR CERTIFICATE 680 ROTH IRA CERT ACC DIV 547 FEDERAL WITHHOLDING-IRA 231 VISA CREDIT LIFE PAYABLE 62 FEDERAL WITHHOLDING-BACK UP 8 DRAFT CLEARING -2682 ACH CLEARING -17831 SUSPENSE INDIRECT AUTO -35558 ITEMS IN TRANSIT VISA -70502 1006777 X X X false true false CHRISTINE CHOJNICKI PRESIDENT & CEO 246179 63460 7753 317392 EDWARD RUSNAK EVP & CFO 118932 30462 18566 167960 SCHEDULE J, PAGE 1, PART I, LINE 4 CHRISTINE CHOJNICKI 0 56,585 0 EDWARD RUSNAK 0 25,532 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 -2,507