River Valley Credit Union (MI)
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 3.04% | 5-year CD | 2.27% - National Average |
| 2.02% | 1-year CD | 1.37% - National Average |
| 0.05% | Savings | 0.26% - National Average |
River Valley Credit Union (MI) is headquartered in Ada and is the 107th largest credit union in the state of Michigan. It is also the 1,693rd largest credit union in the nation. It was established in 1965 and as of December of 2018, it had grown to 20 employees and 10,702 members at 3 locations. River Valley Credit Union (MI)'s CD rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Individuals who reside, are employed, attend school, or who worship in Kent, Montcalm, or Ionia County, Michigan.
Any person over the age of 55 who receives a retirements annuity, pension, social security, or similar retirement payment from private or government sources and lives in, or belongs to a retirement organization located in Kent, Montcalm, or Ionia county.
See current membership details
Related Posts
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62123 |
| Year Chartered | 1965 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 6.73% |
| Annual Interest Income | $3.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $91.6MM$89.5MM |
| Loans | Q4 2018vs Q4 2017 | $46.8MM$46.4MM |
| Deposits | Q4 2018vs Q4 2017 | $83.1MM$81.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $7.7MM$7.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $516.00K$458.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $273.00K$626.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not River Valley Credit Union (MI); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
River Valley Credit Union (MI) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.53% | $100 | - | HSA Checking | |
| 0.50% | $100 | - | IRA Savings | |
| 0.05% | $100 | - | Savings | |
| 0.05% | $100 | - | Christmas Club |
River Valley Credit Union (MI) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $25k* | - | Money Market | ||
| OTHER TIERS: 0.10% → $2.5k - $25k | |||||
River Valley Credit Union (MI) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.04% | $1k | - | 60 Month CD | |
| 2.84% | $1k | - | 48 Month CD | |
| 2.63% | $1k | - | 36 Month CD | |
| 2.43% | $500 | - | 24 Month CD | |
| 2.12% | $250 | $10k | 12 Month Youth Certificate | |
| 2.02% | $500 | - | 12 Month CD | |
| 1.77% | $500 | - | 6 Month CD |
River Valley Credit Union (MI) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.04% | $1k | - | 60 Month IRA | |
| 2.84% | $1k | - | 48 Month IRA | |
| 2.63% | $1k | - | 36 Month IRA | |
| 2.43% | $500 | - | 24 Month IRA | |
| 2.12% | $250 | $10k | 12 Month Youth IRA | |
| 2.02% | $500 | - | 12 Month IRA | |
| 1.77% | $500 | - | 6 Month IRA |
| River Valley Credit Union (MI) Locations | ||
|---|---|---|
| Branch Office | 2500 W Main St | Lowell, MI 49331 |
| Branch Office | 7177 Headley St SE | Ada, MI 49301-9900 |
| Branch Office | 1369 Industrial Park Dr | Edmore, MI 48829 |