Program areas at RCU
There were 57,641 loans granted in 2023 for a total of $2,051,498,351. As of 12/31/23, the Credit Union had 230,341 accounts comprised of mortgage, consumer and business loans.
We have deposit, transaction and investment accounts with 308,675 members at 12/31/23. Net account growth during 2023 was 61,482 accounts for a total at 12/31/23 of 600,301. Total ending balance of all deposit accounts was $4,384,810,104
Personnel at RCU
| Name | Title | Compensation | Date of data |
|---|
| Brandon Riechers | Chief Executive Officer and President / Executive Vice President - Clo | $1,312,772 | 2022-12-31 |
| Joesph Hasto | Chief Financial Officer | $171,092 | 2023-11-15 |
| Adam Kinnard | Executive Vice President - Chief Technology Offic | $385,068 | 2022-12-31 |
| Pamela Haller | Executive Vice President - Chief Digital Experience and Marke / Executive Vice President - Chief Digital Experience and Marketing Officer | $682,899 | 2023-12-31 |
| Grant Beardsley | Executive Vice President - Chief Legal Officer | $417,875 | 2023-12-31 |
| ...and 31 more key personnel |
Financials for RCU
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $272,184,436 | $193,016,700 | 41% |
| Investment income and dividends | $21,091,143 | $7,395,129 | 185.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $6,700,998 | $-696,730 | 1061.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $-838,976 | -100% |
| Total revenues | $299,976,577 | $198,876,123 | 50.8% |
Organizations like RCU
| Organization | Type | Location | Revenue |
|---|
| Fox Communities Credit Union (FOXCU) | 501(c)(14) | Appleton, WI | $137,997,017 |
| WESTconsin Credit Union | 501(c)(14) | Menomonie, WI | $106,439,696 |
| Community First Credit Union | 501(c)(14) | Appleton, WI | $283,664,523 |
| Educators Credit Union (ECU) | 501(c)(14) | Mount Pleasant, WI | $221,505,827 |
| CoVantage Credit Union | 501(c)(14) | Antigo, WI | $190,206,603 |
| UW Credit Union | 501(c)(14) | Madison, WI | $206,656,356 |
| Capital Credit Union | 501(c)(14) | Green Bay, WI | $132,237,998 |
| Summit Credit Union | 501(c)(14) | Madison, WI | $344,575,674 |
| Connexus Credit Union | 501(c)(14) | Wausau, WI | $328,557,164 |
| Landmark Credit Union | 501(c)(14) | New Berlin, WI | $253,257,967 |
Data update history
December 17, 2024
Updated personnel
Identified 3 new personnel
December 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 1, 2024
Updated personnel
Identified 1 new personnel
January 23, 2024
Updated personnel
Identified 4 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCredit unionsChapter / child organizations
Issues
No issues found
Characteristics
Community engagement / volunteering
General information
- Address
- 200 Riverfront Terrace
- Eau Claire, WI 54703
- Metro area
- Eau Claire, WI
- County
- Eau Claire County, WI
- Website URL
- rcu.org/Â
- Phone
- (800) 341-9911
- Facebook page
- likeRCUÂ
- Twitter profile
- @royal_cuÂ
IRS details
- EIN
- 39-6072970
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1964
- 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
- Child within group exemption
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