Riverview Community Bank
Riverview Community Bank is headquartered in Vancouver and is the 11th largest bank in the state of Washington. It is also the 662nd largest bank in the nation. It was established in 1923 and as of March of 2017, it had grown to 260 employees at 19 locations. Riverview Community Bank has an A+ health rating.
Choosing Riverview
I have been a customer of Riverview Community Bank for almost ten years and have been very satisfied with it. Located primarily in Southwest Washington, I initially chose Riverview because I was planning on making a move from my then location and I wanted a bank that had branches where I lived and a branch where I was planning to move to - so that I wouldn't have to change banks after I moved. As it turned out, I ended up moving to a different area where, unfortunately, there are no Riverview branches (the closest one is 55 miles away). But, I was happy enough with the bank that I stayed on as a customer anyway. While it is mildly inconvenient, since I have deposits made directly and I can do a lot of banking business on line, and occasionally, by phone and even by mail, it has been manageable. Customer service is great - with few exceptions, the employees have always been friendly and helpful to me, whether I am communicating with them in person or by phone. I've never had an issue with mistakes made to my account (except by me!). I anticipate staying with Riverview Community Bank for a very long time.
Big Bank Fees
I switched from Chase when they bought out WaMu to Riverview Community Bank in Vancouver. It was, at the time and until recently, a very good move. However, they are now charging large fees when someone deposits money into my account. Fees for using the debit card. Fees and they are never less than $8.00 per transaction. They have become the Chase bank I refused to do business with. It's sad and I am very disappointed in their new business model of fee-ing customers for most transactions.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29922 |
| Year Established | 1923 |
| Employees | 260 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.82% |
| Return on Equity - YTD | 6.76% |
| Annual Interest Income | $10.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $1.13B$919.7MM |
| Loans | Q1 2017vs Q1 2016 | $769.4MM$615.4MM |
| Deposits | Q1 2017vs Q1 2016 | $987.2MM$782.4MM |
| Equity Capital | Q1 2017vs Q1 2016 | $129.9MM$127.3MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $10.5MM$9.9MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $2.7MM$2.7MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $298.00K$595.00K |
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Riverview Community Bank has 18 locations. Click to view all Riverview Community Bank locations.