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WHAT IS A CREDIT UNION

There are a lot of similarities between credit unions and banks. We offer most of the same products and services, including online account access, bill payment services, and text banking. Your deposits are federally insured up to $250,000 by the NCUA, similar to the FDIC for banks. Despite these commonalities, there are indeed some very meaningful differences.

What is the credit union difference?

  • Not-for-profit - We exist to serve our members, not to make profit. Unlike most other financial institutions, we do not issue stock or pay dividends to outside stockholders. Instead, earnings are returned to our members in the form of lower loan rates, higher interest on deposits, and lower fees.
  • Taxation - Credit unions are exempt from Federal income and most State taxes but still pay other taxes just like any other financial services company.
  • Ownership - At a credit union, you are both a member and an owner. Each credit union member has one vote -- regardless of how much money a member has on deposit.
  • Volunteer Boards - We are governed by a board of directors who are elected by and from the membership and serve without being compensated.
  • Membership Eligibility - Credit unions cannot serve the general public. People qualify for a credit union membership through a common bond, such as an employer or community-based.
  • Financial Education for Members - Credit unions assist members to become better- educated consumers of financial services.
  • Social Purpose - Credit unions exist to help people, not make a profit. This philosophy drives us to be involved in our community and worthwhile causes.

We're Always Ready to Help

Riverview Credit Union is a not-for-profit, local financial institution that has been committed to providing competitive, quality services for our members' financial success since 1968.

More than accounts and transactions, we take a personal approach to your financial needs. Take a closer look, and see how Riverview Credit Union is here to help you simplify banking.

 

Riverview Credit Union
We are conveniently located at
39 Acme St, Marietta, OH 45750
403 Main St, Belpre, OH 45714

For Locations & Hours, click here
For Shared Branch Locator, click here
To contact us directly, click here

 

Audio Teller 1.866.631.0999
Lost or Stolen Debit Card 888.918.7856
Lost or Stolen Visa 800.558.3424
Fraud Department 888.918.7313 or 800.327.8622
Routing Number: 244280107