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Overview / Commentary
2811 E 13th St
Ames, IA 50010

River Valley Credit Union is headquartered in Ames and is the 28th largest credit union in the state of Iowa. It is also the 2,200th largest credit union in the nation. It was established in 1961 and as of March of 2014, it had grown to 12 employees and 4,939 members. River Valley Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live or work in Story County or any of the surrounding counties. - See Details

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. River Valley Credit Union has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 River Valley Credit Union had $292,000 in non-current loans and owned real-estate with $5.99 million in equity and loan loss allowances on hand to cover it. This gives River Valley Credit Union a Texas Ratio of 4.87% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for River Valley Credit Union experienced no significant changes from 4.82% as of March 31, 2013 to 4.87% as of March 31, 2014, resulting in a negative change of 1.04%. This indicates that the balance sheet and financial strength for River Valley Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, River Valley Credit Union has increased its total deposits by $3.66 million, resulting in 8.1% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth River Valley Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. River Valley Credit Union has $54.79 million in assets with $5.99 million in equity, resulting in a capitalization level of 10.94%, which is above average.

Institution Statistics

NCUA #61664
Year Chartered1961
Primary Regulator
Assets and Liabilities
Assets$54.79 million
Loans$28.20 million
Deposits$48.85 million
Equity Capital$5.84 million
Loan Loss Allowance$156,000
Unbacked Noncurrent Loans$210,000
Real Estate Owned$82,000
Historic Data - March 2013
Assets$50.83 million
Equity Capital$5.52 million
Loan Loss Allowance$167,000
Unbacked Noncurrent Loans$210,000
Real Estate Owned$82,000
Profit Margin - Quarterly
Net Interest Margin0.98%
Return on Assets0.37%
Return on Equity3.43%
Interest Income$335,000
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River Valley Credit Union Savings Account Rates

0.40%$100-IRA Account
0.15%$100-Member Share
0.15%$100-Regular Savings
0.15%$100-Christmas Club
0.15%$100-Escrow Share

River Valley Credit Union Money Market Rates

0.35%$25k-Money Market Account

River Valley Credit Union CD Rates

0.75%$1k-24 Month CD
0.50%$1k-12 Month CD
0.35%$1k-6 Month CD

River Valley Credit Union IRA Rates

0.75%$1k-24 Month IRA
0.50%$1k-12 Month IRA
0.35%$1k-6 Month IRA

River Valley Credit Union Locations
Branch Office1400 Fawcett Pkwy Suite FNevada, IA 50201
Branch Office2811 E 13th StAmes, IA 50010