EIN 39-6072970

Royal Credit Union (RCU)

IRS 501(c) type
501(c)(14)
Num. employees
1,083
Year formed
1964
Most recent tax filings
2022-12-01
Description
The mission of Royal Credit Union is to create a positive impact in the lives they touch.
Related structure
RCU is a child organization, under an unknown parent.
Total revenues
$198,876,123
2022
Total expenses
$159,344,082
2022
Total assets
$4,552,578,835
2022
Num. employees
1,083
2022

Program areas at RCU

There were 73,077 loans granted in 2022 for a total of $4,163,938,695. As of 12/31/22, the Credit Union had 218,652 accounts comprised of mortgage, consumer and business loans.
We have deposit, transaction and investment accounts with 288,306 members at 12/31/22. Net account growth during 2022 was 51,749 accounts for a total at 12/31/22 of 538,819

Grants made by RCU

GranteeGrant descriptionAmount
Greater Twin Cities United WayAnnual Donation - Metro Branches$21,000
University of Wisconsin-Eau Claire FoundationCarson Park Turf$15,000
The Partnership Plan for Stillwater Area Public SchoolsPony Up for Kids Campaign$11,000
...and 7 more grants made

Personnel at RCU

NameTitleCompensation
Brandon RiechersChief Executive Officer and President / Executive Vice President - Clo$1,312,772
Joesph HastoChief Financial Officer$171,092
Adam KinnardExecutive Vice President - Chief Technology Offic$385,068
Pamela HallerExecutive Vice President - Chief Digital Experience and Marketing Officer$397,085
Grant BeardsleyExecutive Vice President - Chief Legal Officer$275,687
...and 26 more key personnel

Financials for RCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$193,016,700
Investment income and dividends$7,395,129
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-696,730
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-838,976
Total revenues$198,876,123

Form 990s for RCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2018-122020-01-31990View PDF
2017-122019-03-15990View PDF
...and 9 more Form 990s

Organizations like RCU

OrganizationLocationRevenue
Fox Communities Credit Union (FOXCU)Appleton, WI$104,390,989
Connexus Credit UnionWausau, WI$328,557,164
Capital Credit UnionGreen Bay, WI$96,768,342
CoVantage Credit UnionAntigo, WI$121,730,079
Summit Credit UnionMadison, WI$231,091,693
Marine Credit UnionLa Crosse, WI$77,409,562
UW Credit UnionMadison, WI$206,656,356
WESTconsin Credit UnionMenomonie, WI$88,742,887
Community First Credit UnionAppleton, WI$189,052,954
Landmark Credit UnionNew Berlin, WI$253,257,967
Data update history
January 23, 2024
Updated personnel
Identified 4 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Used new vendors
Identified 4 new vendors, including , , , and
August 6, 2023
Updated personnel
Identified 1 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit 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/ 
Phone
(800) 341-9911
Facebook page
likeRCU 
Twitter profile
@royal_cu 
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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