Credit union · NCUA insured
Ravenswood Federal Credit Union
A $51.3M credit union headquartered in Ravenswood, WV, with 5,443 members and 2 branches in West Virginia. Best rates: CDs 2.50% and savings 0.25% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: not enough terms or balances published to score. Auto loans: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all). Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- CDs—2.50%CD rates →
- Savings710.25%at $1,000Savings rates →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Ravenswood Federal Credit Union
Chartered in 1959 as RKE Federal Credit Union before renaming in 1989, Ravenswood Federal Credit Union is a member-owned financial institution.
Operating branches in Ravenswood and Ripley, West Virginia, the credit union adopted a community charter in 1991 to serve Jackson County.
- Headquarters
- 702 Washington St, Ravenswood, WV 26164-1772
- NCUA charter
- 13321
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who reside or work in Jackson County, West Virginia are eligible for membership.
Employers and groups
- Employees of the credit union are eligible for membership.
- Persons retired as pensioners or annuitants from Kaiser Aluminum and Chemical Corporation located in Ravenswood, West Virginia are eligible for membership.
Family and household
- Members of immediate families and organizations of persons who reside or work in Jackson County, West Virginia are eligible for membership.
- Spouses of persons who died while within the field of membership are eligible for membership.
Cost to join
- Each eligible member is required to pay a one-time non-refundable $1.00 membership fee.
- Members must make a $5.00 deposit representing the par value of one share, maintained as a minimum balance in a Share Savings Account and refundable upon account closure if open more than 30 days.
Branches
2 branches in West Virginia
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West Virginia
2 branches
Ravenswood area · 1
- RavenswoodMain office702 Washington St, Ravenswood, WV 26164Directions
Ripley area · 1
- Ripley606 Church St S, Ripley, WV 25271Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 8.45% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.99% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.23% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $36 | $59 | — |
- CapitalNet worth ratio8.45%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.99%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.23%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$36Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Ravenswood Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.