Rivertown Community Federal Credit Union

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A short history of Rivertown Community FCU

Since its inception in 1949 the Rivertown Community Federal Credit Union has been serving its members in the GRANDVILLE, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Sean Tubbs, the Rivertown Community FCU has grown its membership to over 7,522 with assets of more than $64,144,694. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (616) 406-2480 or email them at info@rivertowncu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in GRANDVILLE, MI.

General Information For Rivertown Community FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 6164
Address PO BOX 249 
City GRANDVILLE 
State Michigan 
Zip-Code 49468
Phone Number (616) 406-2480
Fax Number (616) 534-3597
Email Address: info@rivertowncu.org
CEO/President Sean Tubbs
Members 7,522 
Full-Time Employees 16 
Part-Time Employees
Number of Branch Offices
Total Assets 64,144,694 
Website http://www.rivertowncu.org 

Compare Rivertown Community Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
First United CU First United Credit Union 3140 Ivanrest Ave SW 49418 (616) 532-9067 No 1.01
Kenowa Community CU Kenowa Community Federal CU 1905 28th Street St SW 49519 (616) 534-3307 No 2.94
My Personal CU Wyoming 1414 Burton St SW 49509 (616) 452-2161 No 3.34
Atl CU ATL Federal Credit Union 841 36th St SW 49509 (616) 257-4285 No 3.94
Gr Consumers CU GRCCU Main Office 3975 Clay Ave SW 49548 (616) 538-2810 No 4.49

Rivertown Community Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Rivertown Community Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.90 3.25 3.85 5.10 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 174 185 278 100
Rank Among All Michigan Credit Unions 38 50 44 82 15

Rivertown Community Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.20 0.50 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 114 263 266
Rank Among All Michigan Credit Unions N/A 16 25 59 58
Rivertown Community Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9001,0852,491,840
All Other Unsecured Loans/Lines of Credit 8.2506422,783,425
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.2501843,642,851
Used Vehicle Loans 3.8501,66417,877,136
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.1001016,722,318
Total Other Real Estate Loans/Lines of Credit 4.0001032,166,882
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.3001281,846,446
TOTAL LOANS & LEASES 3,90737,530,898

Rivertown Community Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 9813,32600
    b. 15 Years or less 10232,91800
Balloon/Hybrid
    a. > 15 years 382,683,64312775,506
    b. 15 Years or less 432,928,6214280,774
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 163,81000

OTHER REAL ESTATE

Closed-End Fixed Rate 621,246,895484,173
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 41919,9876258,000
Open-End Fixed Rate 0000
TOTALS 2048,889,200261,398,453

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Rivertown Community Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes