River Valley Credit Union


Overview / Commentary
515-232-1654
2811 E 13th St
Ames, IA 50010-0747

River Valley Credit Union is headquartered in Ames and is the 28th largest credit union in the state of Iowa. It is also the 1,956th largest credit union in the nation. It was established in 1961 and as of June of 2022, it had grown to 13 employees and 6,106 members at 2 locations. River Valley Credit Union has an A health rating.

Field of Membership Restrictions

Membership in River Valley Credit Union is open to those who live or work in Story, Hardin, Hamilton, Jasper, Boone, Marshall, or Polk County, Iowa.
See current membership details

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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 has a relatively low asset base.

Health Grade Components

Overall
NCUA #61664
Year Chartered1961
Employees13
Primary Regulator
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD5.94%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$89.9MM$86.9MM
LoansQ2 2022vs Q2 2021$58.2MM$52.3MM
DepositsQ2 2022vs Q2 2021$79.7MM$77.2MM
Equity CapitalQ2 2022vs Q2 2021$10.1MM$9.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$122.00K$163.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$166.00K$172.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for River Valley Credit Union are currently being reviewed.

Locations


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

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