Overview / Commentary
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
A
Data as of Q2 2022
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. River Valley Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61664 |
| Year Chartered | 1961 |
| Employees | 13 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 5.94% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $89.9MM$86.9MM |
| Loans | Q2 2022vs Q2 2021 | $58.2MM$52.3MM |
| Deposits | Q2 2022vs Q2 2021 | $79.7MM$77.2MM |
| Equity Capital | Q2 2022vs Q2 2021 | $10.1MM$9.6MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $122.00K$163.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $166.00K$172.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |