Riverview Community Bank is headquartered in Vancouver and is the 13th largest bank in the state of Washington. It is also the 789th largest bank in the nation. It was established in 1923 and as of March of 2016, it had grown to 229 employees at 17 locations. Riverview Community Bank has an A+ health rating.
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.
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.
|FDIC Certificate #||29922|
|Return on Assets - YTD||0.66%|
|Return on Equity - YTD||4.75%|
|Annual Interest Income||$8.0MM|
|Assets and Liabilities|
|Assets||Q1 2016vs Q1 2015||$919.7MM$853.2MM|
|Loans||Q1 2016vs Q1 2015||$615.4MM$569.8MM|
|Deposits||Q1 2016vs Q1 2015||$782.4MM$721.9MM|
|Equity Capital||Q1 2016vs Q1 2015||$127.3MM$121.2MM|
|Loan Loss Allowance||Q1 2016vs Q1 2015||$9.9MM$10.8MM|
|Unbacked Noncurrent Loans||Q1 2016vs Q1 2015||$2.7MM$5.3MM|
|Real Estate Owned||Q1 2016vs Q1 2015||$595.00K$1.6MM|
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