RHINELANDER, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RIPCO CREDIT UNION, founded in 1932, is a community nonprofit that reported $9.6M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $8.8M left a modest 8% surplus.
THROUGH OUR "ATTITUDE OF EXCELLENCE" RIPCO CREDIT UNION DELIVERS EXCEPTIONAL FINANCIAL SERVICES WHILE BUILDING LIFELONG RELATIONSHIPS - ONE MEMBER AT A TIME.
RIPCO CREDIT UNION SERVES OVER 12,000 MEMBERS, PROVIDING A WIDE RANGE OF DEPOSIT AND LOAN PRODUCTS AT COMPETITIVE RATES. WE STRIVE FOR INNOVATION THROUGH OUR PRODUCTS AND SERVICES IN ADDITION TO...
RIPCO CREDIT UNION SERVES OVER 12,000 MEMBERS, PROVIDING A WIDE RANGE OF DEPOSIT AND LOAN PRODUCTS AT COMPETITIVE RATES. WE STRIVE FOR INNOVATION THROUGH OUR PRODUCTS AND SERVICES IN ADDITION TO OFFERING EXCEPTIONAL CUSTOMER SERVICE.RIPCO CREDIT UNION UPDATED ITS CREDIT CARD PROGRAM TO PROIVDE CASH BACK REWARDS. IN ADDITION, THE CREDIT UNION LAUNCHED A NEW CARD SERVICES APP FOR BOTH DEBIT AND CREDIT CARDS.
RIPCO CONTINUES TO PROMOTE FINANCIAL LITERACY FOR CHILDREN AND YOUNG ADULTS THROUGH OUR CUSTOMIZED YOUTH ACCOUNTS. THE HONEY POT PROGRAM ENGAGES CHILDREN TO SAVE BY OFFERING A GIFT BAG AT ACCOUNT...
RIPCO CONTINUES TO PROMOTE FINANCIAL LITERACY FOR CHILDREN AND YOUNG ADULTS THROUGH OUR CUSTOMIZED YOUTH ACCOUNTS. THE HONEY POT PROGRAM ENGAGES CHILDREN TO SAVE BY OFFERING A GIFT BAG AT ACCOUNT OPENING THAT INCLUDES FUN, EDUCATIONAL ITEMS. HONEY POT PROMOTIONS AND EVENTS ARE ALSO PROVIDED THROUGHOUT THE YEAR. SMART START CHECKING ENCOURAGES YOUNG ADULTS AGES 15 TO 25 TO BUILD FINANCIAL INDEPENDENCE THROUGH EDUCATION, LOW FEES, AND REIMBURSEMENT OF ATM FEES UP TO $10/MONTH. IN ADDITION, RIPCO HAS EXTENDED SERVICES TO YOUNG ADULTS THROUGH OUR LOCAL HIGH SCHOOL BRANCH THAT IS OPEN DURING LUNCH HOURS AND STAFFED BY STUDENTS.
RIPCO THRIVES ON THE CREDIT UNION CULTURE OF "PEOPLE HELPING PEOPLE". WE HAVE TWO CERTIFIED BUDGET COUNSELORS ON STAFF WHO PROVIDE FREE SERVICES TO THOSE IN NEED OF ADDITIONAL FINANCIAL ASSISTANCE...
RIPCO THRIVES ON THE CREDIT UNION CULTURE OF "PEOPLE HELPING PEOPLE". WE HAVE TWO CERTIFIED BUDGET COUNSELORS ON STAFF WHO PROVIDE FREE SERVICES TO THOSE IN NEED OF ADDITIONAL FINANCIAL ASSISTANCE. WE ALSO OFFER A WIDE WAGE OF FINANCIAL LITERACY RESOURCES ON OUR WEBSITE INCLUDING INFORMATION ON FINANCIAL WELLNESS AND BUDGETING TOOLS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $9,591,257 | $7,543,781 | +0.3% |
| Expenses | $8,804,298 | $7,024,233 | +0.3% |
| Net Income | $786,959 | $519,548 | +0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JENNIFER GRINDER | PRESIDENT/CEO | 40.00 |
Officer
|
$220,830 | $18,326 | $239,156 |
| STEPHANIE LASKA | CFO | 40.00 |
Officer
|
$146,814 | $5,475 | $152,289 |
| PAMELA M CHITKO | VP OF LENDING | 40.00 |
Highest
|
$100,324 | $2,759 | $103,083 |
| VERONIKA BARON | INTERIM PRESIDENT/CEO (THRU SEP.) | 40.00 |
Officer
|
$81,590 | $10,070 | $91,660 |
| STEVEN FERCH | CHAIRMAN | 1.00 |
Officer
Director
|
$4,500 | $0 | $4,500 |
| HEATHER SCHALLOCK | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$3,200 | $0 | $3,200 |
| RICK ZOERB | DIRECTOR | 1.00 |
Director
|
$2,600 | $0 | $2,600 |
| MAGGIE STEFFEN | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$2,550 | $0 | $2,550 |
| ALYSSA BORSKI | DIRECTOR | 1.00 |
Director
|
$2,300 | $0 | $2,300 |
| GRACE ZUIKER NASH | DIRECTOR | 1.00 |
Director
|
$2,300 | $0 | $2,300 |
| CHAD BAKER | DIRECTOR | 1.00 |
Director
|
$1,650 | $0 | $1,650 |
| ROD OLSON | DIRECTOR (THRU MAR.) | 1.00 |
Director
|
$450 | $0 | $450 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $9,591,257 | $8,804,298 | $180,873,404 | $786,959 |
| 2022 | $7,543,781 | $7,024,233 | $188,341,075 | $519,548 |
| 2021 | $7,425,527 | $6,480,367 | $186,942,299 | $945,160 |
| 2020 | $7,282,377 | $6,408,078 | $163,667,640 | $874,299 |
| 2019 | $7,202,724 | $6,209,579 | $136,462,185 | $993,145 |
| 2018 | $6,551,186 | $5,503,594 | $129,944,445 | $1,047,592 |
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