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Overview / Commentary
800-821-0972
3121 Macatawa Dr Sw
Grandville, MI 49418-3163

Rivertown Community Federal Credit Union is headquartered in Grandville and is the 129th largest credit union in the state of Michigan. It is also the 2,069th largest credit union in the nation. It was established in 1949 and as of December of 2016, it had grown to 16 employees and 7,768 members at 2 locations. Rivertown Community Federal Credit Union has a B health rating.

Field of Membership Restrictions

Open to anyone living, working, worshiping, or attending school in Kent County.
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. Rivertown Community Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #6164
Year Chartered1949
Employees16
Primary Regulator
Profit Margin
Return on Assets - YTD0.08%
Return on Equity - YTD0.52%
Annual Interest Income$2.9MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$62.9MM$62.9MM
LoansQ4 2016vs Q4 2015$41.2MM$40.3MM
DepositsQ4 2016vs Q4 2015$53.3MM$53.4MM
Equity CapitalQ4 2016vs Q4 2015$9.4MM$9.4MM
Loan Loss AllowanceQ4 2016vs Q4 2015$525.00K$352.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$1.1MM$583.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Rates

Rates for Rivertown Community Federal Credit Union are currently being reviewed.

Locations


Rivertown Community Federal Credit Union Locations
Branch Office211 36th ST SWWyoming, MI 49548-2105
Branch Office3121 Macatawa Dr SWGrandville, MI 49418-3163