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  4. 2 Rivers Area Credit Union
EIN 36-2282246

2 Rivers Area Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
7
City
Kankakee
State
Illinois
Year formed
1951
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
2 Rivers Area Credit Union operates as an Illinois state chartered credit union for the mutual benefit of its members. Members can obtain loans and receive dividends with share deposits at a competitive interest rate. A market rate of interest is paid out on members' share deposit accounts, with 7,201 share accounts totaling $22,037,819 as of 12/31/22. Additionally, the credit union services both consumer and real estate loans to members, with 1,786 outstanding loans totaling $14,157,274 as of 12/31/22.
Also known as...
SDC Employees Credit Union
Total revenues
$1,421,996
2023
Total expenses
$1,389,686
2023
Total assets
$24,299,447
2023
Num. employees
7
2023

Program areas at 2 Rivers Area Credit Union

The credit union makes and services consumer loans and real estate loans to members. The number of loans outstanding at 12/31/23 is 1,789 for a total of $14,157,274.
The Credit Union pays out dividends on its members' share deposit accounts at a market rate of interest. The number of share accounts at 12/31/23 is 7,252 for a total of $22,037,819.

Personnel at 2 Rivers Area Credit Union

NameTitleCompensation
Danita SwansonPresident$107,478
Mary WestoverChairman$0
John AbsherVice - Chair$0
Brad KuntzSecretary$0
John HoganTreasurer$0
...and 1 more key personnel

Financials for 2 Rivers Area Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,181,667
Investment income and dividends$240,329
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,421,996

Form 990s for 2 Rivers Area Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-27990View PDF
2022-122023-03-28990View PDF
2021-122022-03-14990View PDF
2020-122021-05-11990View PDF
2019-122020-10-14990View PDF
...and 9 more Form 990s

Organizations like 2 Rivers Area Credit Union

OrganizationLocationRevenue
Bell West Community Credit UnionOak Lawn, IL$988,300
Tacoma Longshoremen Credit UnionTacoma, WA$2,687,551
Hampton Roads Educators' Credit UnionHampton, VA$1,823,029
Fort Mcpherson CREDIT UnionAtlanta, GA$1,206,329
Hidden River Credit UnionPottsville, PA$5,991,116
Laclede Community Credit UnionAlton, IL$2,905,277
Montgomery County Credit UnionDayton, OH$903,539
Star Community Credit UnionRedding, CA$1,176,692
196 Middletown Area Schools Credit UnionMiddletown, OH$652,471
West Metro Schools Credit UnionHopkins, MN$1,884,691
Data update history
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 19, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
296 W Jeffery St
Kankakee, IL 60901
Metro area
Kankakee, IL
County
Kankakee County, IL
Website URL
2riversacu.com/ 
Phone
(815) 935-2270
IRS details
EIN
36-2282246
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1951
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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