Sep, 30, 2025 — 2 RIVERS AREA CREDIT UNION is a federally insured state chartered credit union headquartered in KANKAKEE, IL with 1 branch location and about $23.93 million in total assets. Opened 75 years ago in 1951, 2 RIVERS AREA CREDIT UNION has about 3,989 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | 2 RIVERS AREA CREDIT UNION |
|---|---|
| Address: (Main Office) | 296 W Jeffery St KANKAKEE, IL 60901 |
| Phone: | (815) 935-2270 |
| Fax: | (815) 935-1310 |
| Website: | https://www.2riversacu.com |
| Branches: | 1 branch locations |
| Members: | 3,989 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62827 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,934,169 |
| CEO/Manager: | Danita A Swanson |
| Chairperson: | Mary Westover |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,739,120 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,796,092 |
| Other Loans | 12,088,797 |
| TOTAL LOANS | 13,884,890 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -137,110 |
| Land And Building | 316,139 |
| Other Fixed Assets | 78,430 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 197,282 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,934,169 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -3,203 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,328,137 |
| Regular shares | 12,248,713 |
| All Other Shares & Deposits | 3,453,331 |
| TOTAL SHARES & DEPOSITS | 21,030,181 |
| TOTAL LIABILITIES | 21,026,978 |
| Regular Reserve | 0 |
| Other Reserves | 356,122 |
| Undivided Earnings | 2,551,069 |
| TOTAL EQUITY | 2,907,191 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,934,169 |
| INCOME & EXPENSE | |
| Loan Income | 636,684 |
| Investment Income | 228,822 |
| Other Income | 109,696 |
| Total Employee Compensation & Benefits | 389,521 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 719,371 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 51,071 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 51,195 |
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