Dec, 31, 2023 — RIVERWAYS FEDERAL CREDIT UNION is a federal credit union headquartered in ROLLA, MO with 2 branch locations and about $90.35 million in total assets. Opened 65 years ago in 1959, RIVERWAYS FEDERAL CREDIT UNION has about 9,366 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RIVERWAYS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1012 Forum Dr ROLLA, MO 65401 |
| Phone: | (573) 308-3113 |
| Fax: | (573) 341-2136 |
| Website: | https://www.riverwaysfcu.com |
| Branches: | 2 branch locations |
| Members: | 9,366 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12890 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $90,353,637 |
| CEO/Manager: | Scott Shults |
| Chairperson: | Phil Rufe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,750,820 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 55,147,407 |
| Unsecured Loans | 1,174,788 |
| Other Loans | 20,949,741 |
| TOTAL LOANS | 77,271,937 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -359,230 |
| Land And Building | 3,115,479 |
| Other Fixed Assets | 986,765 |
| NCUSIF Deposit | 733,543 |
| All Other Assets | 0 |
| TOTAL ASSETS | 90,353,637 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 883 |
| Notes & Interest Payable | 500,000 |
| Accounts Payable & Other Liabilities | 1,648,691 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 800,000 |
| Share Drafts | 27,342,230 |
| Regular shares | 24,615,683 |
| All Other Shares & Deposits | 28,625,401 |
| TOTAL SHARES & DEPOSITS | 80,583,314 |
| TOTAL LIABILITIES | 83,532,888 |
| Regular Reserve | 0 |
| Other Reserves | 1,523,800 |
| Undivided Earnings | 5,296,949 |
| TOTAL EQUITY | 6,820,749 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 90,353,637 |
| INCOME & EXPENSE | |
| Loan Income | 3,930,618 |
| Investment Income | 299,047 |
| Other Income | 1,030,158 |
| Total Employee Compensation & Benefits | 2,395,644 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,564,415 |
| Non-operating Income & (Expense) | 63,166 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 184,141 |
| Cost of Funds | 909,826 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 524,002 |
| ↑ Back to Top | |