Overview / Commentary
2 Rivers Area Credit Union is headquartered in Kankakee and is the 102nd largest credit union in the state of Illinois. It is also the 3,114th largest credit union in the nation. It was established in 1951 and as of June of 2023, it had grown to 6 employees and 4,052 members at 1 location. 2 Rivers Area Credit Union has a B health rating.
Field of Membership Restrictions
Membership in 2 Rivers Area Credit Union is open to those who live or work in the Illinois counties of Iroquois, Kankakee, or Will. Employees and retirees of Shapiro Developmental Center, Illinois Veterans in Manteno, or Fox Development Center also qualify for membership. Immediate family and household members of anyone eligible to join are welcome to apply.
See current membership details
Health
B
Data as of Q2 2023
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. 2 Rivers Area Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62827 |
| Year Chartered | 1951 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 5.6% |
| Annual Interest Income | $474.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $26.2MM$24.9MM |
| Loans | Q2 2023vs Q2 2022 | $15.0MM$13.8MM |
| Deposits | Q2 2023vs Q2 2022 | $23.1MM$22.0MM |
| Equity Capital | Q2 2023vs Q2 2022 | $2.8MM$2.2MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$143.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $447.00K$262.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |