Royal Credit Union

Royal Credit Union Overview

Royal Credit Union is located in Eau Claire, WI. As of 12/2018, Royal Credit Union employed 816 individuals.

For the year ending 12/2018, Royal Credit Union generated $131.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $108.4m during the year ending 12/2018. While expenses have increased by 10.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE A POSITIVE IMPACT IN THE LIVES WE TOUCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE FUNDED 43,191 LOANS DURING 2018. AS OF 12/31/18, WE HAD 24,441 MORTGAGES/HOME EQUITY, 114,694 CONSUMER LOANS AND 2,800 MEMBER BUSINESS LOANS. WE ALSO HAD 48,625 CREDIT CARD ACCOUNTS WITH OUR MEMBERS AT 12/31/18.


WE HAVE DEPOSIT, TRANSACTION, AND INVESTMENT ACCOUNTS WITH 209,776 MEMBERS AT 12/31/18. DURING 2018, WE OPENED 53,181 NEW DEPOSIT, TRANSACTION AND INVESTMENT ACCOUNTS.


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Royal Credit Union Board, Officers & Key Employees

Royal Credit Union Vendors

Vendor Name (Service)Compensation
Service Solutions Inc
Atm Maintenance
$314,525
Greendoor Graphics & Advertising
Professional Design Services & Advertisi
$918,768
Thillens Inc
Atm Cash Provider
$286,226
Peter Schwabe Inc
Architects
$266,066
Weld Riley S C
Legal Council
$299,065
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$130,621,252
Investment income $1,199,223
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$74,437
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $131,746,038

Royal Credit Union Grants Awarded

Over the last fiscal year, Royal Credit Union has awarded $1,521,934 in support to 6 organizations.

Grant RecipientAmount

ROYAL CREDIT UNION FOUNDATION

Org PageRecipient Profile

Eau Claire, WI

PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO THE FOUNDATION TO FULFILL ITS EXEMPT PURPOSE.

$1,466,434

UW-EAU CLAIRE FOUNDATION INC

Org PageRecipient Profile

Eau Claire, WI

PURPOSE: CARSON PARK TURF

$20,000

MARSHFIELD CLINIC

Org PageRecipient Profile

Marshfield, WI

PURPOSE: CANCER CENTER ROOM

$10,000

RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION

Org PageRecipient Profile

River Falls, WI

PURPOSE: ST. CROIX VALLEY BUSINESS INNOVATION CENTER

$10,000

UNITED WAY OF GREATER CHIPPEWA VALLEY

Org PageRecipient Profile

Eau Claire, WI

PURPOSE: ANNUAL SUPPORT/GIFT

$9,500

HOPE GOSPEL MISSION

Org PageRecipient Profile

Eau Claire, WI

PURPOSE: RENEWAL CENTER FOR WOMEN WITH CHILDREN

$6,000
View Grant Profile

Royal Credit Union Grants Recieved

Over the last fiscal year, we have identified 1 grants that Royal Credit Union has recieved totaling $10,625.

Awarding OrganizationAmount
National Credit Union Foundation Inc

Madison, WI

PURPOSE: BITE OF REALITY GRANT FOR $5,000 AND FINANCIAL HEALTH GRANT OF $5,625

$10,625
View Grant Recipient Profile

Royal Credit Union Peer Organizations

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