RIVER REGION COMMUNITY CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.rrcu.org for more information.
Jun, 30, 2024 — RIVER REGION COMMUNITY CREDIT UNION is a federal credit union headquartered in Jefferson City, MO with 6 branch locations and about $508.39 million in total assets. Opened 71 years ago in 1954, RIVER REGION COMMUNITY CREDIT UNION has about 30,589 members and employs 89 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 REGION COMMUNITY CREDIT UNION |
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Address: (Main Office) | 3124 W Edgewood Dr Jefferson City, MO 65109 |
Phone: | (573) 635-4185 |
Fax: | (573) 636-6036 |
Website: | https://www.rrcu.org |
Branches: | 6 branch locations |
Members: | 30,589 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24955 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $508,385,975 |
CEO/Manager: | Richard Nichols |
Chairperson: | Kevin Robinson |
ASSETS: | $ Amount |
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Cash & Equivalents | 29,542,243 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 544,200 |
Real Estate Loans | 174,588,023 |
Unsecured Loans | 17,175,598 |
Other Loans | 184,448,277 |
TOTAL LOANS | 396,456,697 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,947,419 |
Land And Building | 15,419,394 |
Other Fixed Assets | 1,652,891 |
NCUSIF Deposit | 3,896,710 |
All Other Assets | 0 |
TOTAL ASSETS | 508,385,975 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 71,764 |
Notes & Interest Payable | 9,875,000 |
Accounts Payable & Other Liabilities | 5,773,111 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 59,324,497 |
Regular shares | 84,050,793 |
All Other Shares & Deposits | 305,333,303 |
TOTAL SHARES & DEPOSITS | 448,708,595 |
TOTAL LIABILITIES | 464,428,470 |
Regular Reserve | 0 |
Other Reserves | 5,795,358 |
Undivided Earnings | 38,162,147 |
TOTAL EQUITY | 43,957,505 |
TOTAL LIABILITIES, SHARES, & EQUITY | 508,385,975 |
INCOME & EXPENSE | |
Loan Income | 21,823,717 |
Investment Income | 2,069,609 |
Other Income | 2,032,291 |
Total Employee Compensation & Benefits | 7,841,299 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,999,905 |
Non-operating Income & (Expense) | 341,657 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,524,857 |
Cost of Funds | 8,442,588 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,557,686 |
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