Sep, 30, 2025 — RIPCO CREDIT UNION is a federally insured state chartered credit union headquartered in RHINELANDER, WI with 4 branch locations and about $181.09 million in total assets. Opened 94 years ago in 1932, RIPCO CREDIT UNION has about 12,757 members and employs 59 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RIPCO CREDIT UNION |
|---|---|
| Address: (Main Office) | 121 Sutliff Ave RHINELANDER, WI 54501 |
| Phone: | (715) 365-4800 |
| Fax: | |
| Website: | https://www.ripco.org |
| Branches: | 4 branch locations |
| Members: | 12,757 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67183 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1932 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $181,089,491 |
| CEO/Manager: | Jennifer Grinder |
| Chairperson: | Steven Ferch |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,421,589 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 50,598,143 |
| Unsecured Loans | 9,195,876 |
| Other Loans | 66,796,310 |
| TOTAL LOANS | 126,590,329 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,103,507 |
| Land And Building | 4,991,126 |
| Other Fixed Assets | 1,174,775 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,594,437 |
| All Other Assets | 76,000 |
| TOTAL ASSETS | 181,089,491 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 142,568 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,541,426 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 42,389,615 |
| Regular shares | 77,306,793 |
| All Other Shares & Deposits | 42,237,094 |
| TOTAL SHARES & DEPOSITS | 161,933,502 |
| TOTAL LIABILITIES | 163,624,263 |
| Regular Reserve | 0 |
| Other Reserves | 478,893 |
| Undivided Earnings | 16,986,335 |
| TOTAL EQUITY | 17,465,228 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 181,089,491 |
| INCOME & EXPENSE | |
| Loan Income | 6,555,389 |
| Investment Income | 1,004,917 |
| Other Income | 682,206 |
| Total Employee Compensation & Benefits | 4,085,460 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,278,974 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 740,227 |
| Cost of Funds | 953,749 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -16,228 |
| ↑ Back to Top | |