Credit union · NCUA insured
Rivermark Community Credit Union Carrot Score
Top CarrotA $3.2B credit union, the 154th largest of 4,329, headquartered in Oregon City, OR, with 175,894 members and 20 branches in 2 states.
Rivermark Community Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 90% of U.S. banks and credit unions
- CDs74
- Savings89
- Auto loans65
- Credit cards89
Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.
Where Rivermark Community Credit Union ranks
By Carrot score, in each area where it has branches
Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.
By product
How each product scores
How its rates compare with every U.S. bank and credit union. Open a product to see them.
CDs
74beats 35% nationally
| Term | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| 3-8 months | 3.50% | 50% | 3.50% | 3.82% | 4.05% |
| 9-15 months | 3.00% | 22% | 3.70% | 4.00% | 4.25% |
| 16-30 months | 3.20% | 42% | 3.35% | 3.85% | 4.20% |
| 31-60 months | 3.30% | 60% | 3.05% | 3.65% | 4.07% |
| Qualified | 3.50% | 26% | 3.85% | 4.15% | 4.35% |
Best rates 55.0 · all terms 38.8 → 48.5 → 74
Savings
89top 10% nationally
| Balance | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| $1,000 | 3.00% | 95% | 0.20% | 0.50% | 1.51% |
| $10,000 | 3.00% | 95% | 0.50% | 1.15% | 2.20% |
| $100,000 | 3.00% | 91% | 1.00% | 2.01% | 2.93% |
| Qualified | 4.00%counts as 3.50% | 97% | 0.60% | 1.31% | 2.43% |
Best rates 95.8 · all balances 94.5 → 87.0 → 89
Auto loans
65beats 13% nationally
| Vehicle | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| New vehicle | 6.24% | 11% | 5.00% | 4.74% | 4.25% |
| Used vehicle | 6.24% | 18% | 5.39% | 4.99% | 4.49% |
Best rates 18.0 · all vehicles 14.5 → 16.6 → 65
Credit cards
89top 13% nationally
| Card | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| Purchase APR | 8.90% | 89% | 10.90% | 9.90% | 8.90% |
Best rates 89.5 · all rates 89.5 → 89.5 → 89
Where the score could improve
- Auto loans, New vehicle4.74%6.24% today, lower than 11% of U.S. institutions. 4.74% would reach the top quarter; 4.25% the top 10%.
- Auto loans, Used vehicle4.99%6.24% today, lower than 18% of U.S. institutions. 4.99% would reach the top quarter; 4.49% the top 10%.
- CDs, 9-15 months4.00%3.00% today, higher than 22% of U.S. institutions. 4.00% would reach the top quarter; 4.25% the top 10%.
- To score in the 90s3.10%At least one product needs a rate near the best in the country, like 3.10% or more on a $10,000 savings (3.00% today), and strong rates on its other balances.
Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.
Method
How the score works
- Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
- Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
- Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.
How Rivermark Community Credit Union got its score
Its products stand at 89.5 for credit cards, 87.0 for savings, 48.5 for CDs and 16.6 for auto loans, out of 100. Its best two, credit cards and savings, average 92.4. Publishing four products adds 3.0, for 95.4. That’s held at 87.9, since none of its rates is near the best in the country. That puts it in the top 10% nationally: a Carrot Score of 89, a Top Carrot.
The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.