Featured Savings Rates
Featured Accounts

River Valley Credit Union (MI)

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.87%5-year CD60 Month CD
0.70%1-year CD12 Month CD
0.05%SavingsSavings

Overview / Commentary
616-787-7481
7177 Headley St Se
Ada, MI 49301

River Valley Credit Union (MI) is headquartered in Ada and is the 109th largest credit union in the state of Michigan. It is also the 1,664th largest credit union in the nation. It was established in 1965 and as of June of 2017, it had grown to 20 employees and 11,148 members at 4 locations. River Valley Credit Union (MI) 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

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
Additional 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. River Valley Credit Union (MI) has a relatively low asset base.

Health Grade Components

Overall
NCUA #62123
Year Chartered1965
Employees20
Primary Regulator
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD7.08%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$94.4MM$90.7MM
LoansQ2 2017vs Q2 2016$45.5MM$45.5MM
DepositsQ2 2017vs Q2 2016$87.2MM$83.4MM
Equity CapitalQ2 2017vs Q2 2016$6.8MM$7.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$838.00K$1.1MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.1MM$1.5MM
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
Skip to rates for:
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$100-IRA Savings
0.05%$100-Savings
0.05%$100-Christmas Club

River Valley Credit Union (MI) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$25k*-Money Market
OTHER TIERS: 0.10% $2,500 - $25k

River Valley Credit Union (MI) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.87%$500-60 Month CD
1.61%$500-48 Month CD
1.31%$500-36 Month CD
1.01%$500-24 Month CD
0.80%$250$10k12 Month Youth Certificate
0.70%$500-12 Month CD
0.50%$500-6 Month CD

River Valley Credit Union (MI) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.87%$500-60 Month IRA
1.61%$500-48 Month IRA
1.31%$500-36 Month IRA
1.01%$500-24 Month IRA
0.80%$250$10k12 Month Youth IRA
0.70%$500-12 Month IRA
0.50%$500-6 Month IRA
Locations


River Valley Credit Union (MI) Locations
Branch Office2500 W Main StLowell, MI 49331
Branch Office7177 Headley St SEAda, MI 49301-9900
Branch Office1369 Industrial Park DrEdmore, MI 48829
Branch Office2345 Walker Ave NWGrand Rapids, MI 49544