Sep, 30, 2025 — RIVER COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in OTTUMWA, IA with 1 branch location and about $29.63 million in total assets. Opened 98 years ago in 1928, RIVER COMMUNITY CREDIT UNION has about 3,643 members and employs 6 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 COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 644 W 2nd St OTTUMWA, IA 52501-2358 |
| Phone: | (641) 684-6302 |
| Fax: | (641) 684-7921 |
| Website: | https://www.rivercommunitycu.org |
| Branches: | 1 branch locations |
| Members: | 3,643 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64986 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1928 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $29,628,626 |
| CEO/Manager: | Nathan P Bissell |
| Chairperson: | Herbert L Greenfield |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,647,452 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,144,795 |
| Unsecured Loans | 1,009,313 |
| Other Loans | 14,606,800 |
| TOTAL LOANS | 20,760,908 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -89,395 |
| Land And Building | 128,150 |
| Other Fixed Assets | 21,958 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 252,533 |
| All Other Assets | 0 |
| TOTAL ASSETS | 29,628,626 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 14,810 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 92,384 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,158,319 |
| Regular shares | 7,103,937 |
| All Other Shares & Deposits | 14,773,070 |
| TOTAL SHARES & DEPOSITS | 25,035,326 |
| TOTAL LIABILITIES | 25,142,520 |
| Regular Reserve | 0 |
| Other Reserves | 1,248,689 |
| Undivided Earnings | 3,237,417 |
| TOTAL EQUITY | 4,486,106 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 29,628,626 |
| INCOME & EXPENSE | |
| Loan Income | 945,067 |
| Investment Income | 258,494 |
| Other Income | 195,346 |
| Total Employee Compensation & Benefits | 315,663 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 394,256 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 48,249 |
| Cost of Funds | 389,796 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 290,910 |
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