Ripco Credit Union is headquartered in Rhinelander and is the 36th largest credit union in the state of Wisconsin. It is also the 1,331st largest credit union in the nation. It was established in 1932 and as of June of 2023, it had grown to 46 employees and 12,849 members at 3 locations. Ripco Credit Union has a B health rating.
Membership in Ripco Credit Union is open to those who live, work, or own real estate in the Wisconsin counties of Florence, Forest, Langlade, Lincoln, Oneida, Price, or Vilas.
See current membership details
I had an account with Ripco for many decades. Ripco does a suburb job with online banking. Probably the best bells and whistles around for a Credit Union. Text banking lets you get your balance fast. Check deposits, and mobile banking doesn't seem to have excessive holds like other financial institutions. The ATM's at the branch accept deposits, and won't restrict you to withdrawing in $20.00 increments they give you 10's and $5's. There were times I wasn't happy with them, but overall they did the best they could to make me a returning customer. When I overdrafted the overdraft was usually covered. But they were quick to charge you an overdraft fee. There is no "grace period" or they won't give you anytime to "fix" an overdraft to avoid a fee. The overdraft fee is charged right away. Ripco does not have a limit to the amount of overdrafts that can be charged in a day like banks do. But overall, they are alright. Mortgage loan we had was flawless, had auto loans and they worked with me to allow time to get caught up when I was unemployed. I had personal loans, and overdraft protection. The rates were good, and service was good. The biggest gripe I have with them is not being able to get a hold of someone to discuss my account right away.. Sometimes the main number transfers to voice mail in the middle of the day. And quite a bit of playing telephone tag with a representative. Sometimes returned calls take a long time. Calling them on your break at work is sometimes almost impossible to speak to someone about your account.
|Return on Assets - YTD||0.55%|
|Return on Equity - YTD||6.64%|
|Annual Interest Income||$3.6MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$180.1MM$190.7MM|
|Loans||Q2 2023vs Q2 2022||$108.6MM$98.3MM|
|Deposits||Q2 2023vs Q2 2022||$163.7MM$174.4MM|
|Equity Capital||Q2 2023vs Q2 2022||$15.0MM$14.6MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$0$232.00K|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$261.00K$59.00K|
|Real Estate Owned||Q2 2023vs Q2 2022||$0$0|
Rates for Ripco Credit Union are currently being reviewed.
|Ripco Credit Union Locations|
|Branch Office||121 Sutliff Ave||Rhinelander, WI 54501|
|Branch Office||633 N Railroad St||Eagle River, WI 54521|
|Branch Office||665 Coolidge Ave||Rhinelander, WI 54501|