Dec, 31, 2023 — RIVER TO RIVER CREDIT UNION is a federally insured state chartered credit union headquartered in VIENNA, IL with 1 branch location and about $25.68 million in total assets. Opened 52 years ago in 1972, RIVER TO RIVER CREDIT UNION has about 2,327 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RIVER TO RIVER CREDIT UNION |
|---|---|
| Address: (Main Office) | 1895 State Route 146 E VIENNA, IL 62995 |
| Phone: | (618) 658-8312 |
| Fax: | (618) 658-8371 |
| Website: | https://r2rcu.com |
| Branches: | 1 branch locations |
| Members: | 2,327 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61152 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1972 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,683,854 |
| CEO/Manager: | Steven C Sanders |
| Chairperson: | Larry McGill |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,408,887 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,108 |
| Unsecured Loans | 1,280,456 |
| Other Loans | 10,875,125 |
| TOTAL LOANS | 12,161,689 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -41,172 |
| Land And Building | 181,116 |
| Other Fixed Assets | 32,012 |
| NCUSIF Deposit | 243,352 |
| All Other Assets | 0 |
| TOTAL ASSETS | 25,683,854 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 923 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 39,126 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,969,329 |
| Regular shares | 14,510,040 |
| All Other Shares & Deposits | 490,006 |
| TOTAL SHARES & DEPOSITS | 22,969,375 |
| TOTAL LIABILITIES | 23,009,424 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,674,430 |
| TOTAL EQUITY | 2,674,430 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,683,854 |
| INCOME & EXPENSE | |
| Loan Income | 645,162 |
| Investment Income | 356,786 |
| Other Income | 214,046 |
| Total Employee Compensation & Benefits | 337,928 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 406,381 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,277 |
| Cost of Funds | 62,488 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 401,520 |
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