Riverways Credit Union Salem MO | Affordable Auto Loans & Business Banking

Introduction

Welcome to Riverways, your trusted partner in financial wellness located at 600 S Main St, Salem, MO 65560. Since our establishment in 1959, we have been dedicated to serving our community with integrity and care. With a strong membership base of 9,778 and total assets reaching an impressive $105,182,274, we pride ourselves on being a credit union that truly understands the needs of its members. At Riverways, we offer a range of services designed to empower you financially. Whether you're looking for auto loans, mortgages, or personal banking solutions, our experienced team is here to help you make informed decisions. Under the leadership of CEO Scott Shults and Board President Phil Rufe, we are committed to fostering a supportive environment where every member can thrive. We take great pride in our financial health as well; with total deposits amounting to $1,600,652, and a net worth of $8,591,667, our stability ensures that your savings are secure. Our robust lending capabilities include over 3,454 loans and leases tailored to meet diverse needs. While members can visit us at our branch location for all their banking needs, we're also here for you via phone at 573-739-3113. Feel free to explore more about us on our website Riverways FCU. Join us in building a brighter financial future together! We invite you to stop by or give us a call today.

Branch History & Mission

Join Us

We invite you to become part of the Riverways family! Discover how our range of services can help you achieve your financial dreams. Whether you're looking for loans or everyday banking solutions, we've got your back. Feel free to reach out at 573-739-3113 or visit us online at Riverways FCU for more information. Join us today and experience a credit union that puts you first!

Our Journey

Since our inception, Riverways has focused on providing quality financial services tailored to meet the needs of our members. Over the years, we have celebrated significant milestones that reflect our commitment to excellence. Today, we manage total assets of over $105 million, ensuring that our members have access to the resources they need for their personal and business goals. Our branch is fully equipped with a drive-thru banking option and ATM availability, making it easy for members to access their accounts. We believe in adapting to modern needs; therefore, we also offer online banking and mobile application features. This evolution ensures that our services remain accessible and convenient.

Our Mission

At Riverways, our mission is clear: we aim to empower our members through reliable financial services while actively supporting our community. We pride ourselves on providing personal banking solutions like checking and savings accounts, auto loans, mortgages, and credit cards with rewards. Our dedication extends beyond banking; we invest time and resources into community outreach initiatives that uplift those around us. While you can visit us at 600 S Main St for your financial needs, any official correspondence should be sent to our main office address in Rolla, MO. As we look ahead, we continue to embrace new technologies while remaining grounded in our values of trust and community service. Our team of dedicated employees is always ready to assist you with personalized service that makes your experience memorable.

Branch Location & Accessibility

Convenience at Your Fingertips

At Riverways, we prioritize accessibility for all our members. Our branch features ADA-compliant entrances and ramps, ensuring that everyone can visit us without hassle. There's ample parking available right outside, making it simple for you to pop in for your banking needs. Our operating hours are designed to fit your busy schedule. You can visit us Monday through Friday from 8:00 AM to 4:30 PM in the lobby, and our drive-thru service is available from 7:30 AM to 5:30 PM on weekdays. Need to stop by on Saturday? We've got you covered with lobby and drive-thru hours from 9:00 AM to 12:30 PM.

Services Tailored for You

Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, Riverways offers a range of services tailored just for you. Our drive-thru banking provides easy access for quick deposits and withdrawals, while our shared service center allows members of partner credit unions to enjoy basic transactions too. Plus, with an ATM available on-site, accessing your funds is more convenient than ever. If you have any questions or need further assistance, don't hesitate to give us a call at 573-739-3113. We're here to help! Come visit us today at Riverways and experience the community-focused banking that makes us stand out.

Member Eligibility

At Riverways, we believe that becoming a member means joining a welcoming community where your financial needs are understood and valued. If you live, work, worship, or attend school in the area surrounding our branch at 600 S Main St Salem Mo 65560, you may be eligible to join us! This means that whether you're a longtime resident of Salem or new to the area, we invite you to take advantage of our services designed specifically for you. Membership not only opens the door to competitive rates on loans and savings accounts but also connects you with personalized support from our dedicated team. To learn more about the specific eligibility criteria, feel free to visit our detailed page at http://www.riverwaysfcu.com/about-us/become-a-member. Ready to become a member? Opening an account is simple! You can start the process by visiting us online at http://www.riverwaysfcu.com/loans/apply-now or give us a call at (573) 739-3113 if you have any questions. We can't wait to welcome you into the Riverways family!

Business Banking & Commercial Services

At Riverways in Salem, MO, we understand that business owners face unique challenges every day. Whether you're looking to expand your operations or launch a new project, having the right financial partner can make all the difference. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $86 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $9,055,093, we continue to drive economic growth by financing new and expanding businesses. Imagine being able to purchase new equipment or hire additional staff without worrying about cash flow. Our tailored business loans provide the flexibility you need to take your venture to the next level. Additionally, our merchant services streamline payment processing, making it easier for you to manage transactions and focus on what you do best running your business. With support from Riverways at 600 S Main St, Salem MO 65560, you can feel confident that your financial needs are in good hands. For more information, give us a call at 573-739-3113 or visit our website at Riverways FCU.

Comprehensive List Of Services

ATM and Drive-Thru Services

For quick transactions, our ATM services let you withdraw cash or check balances without stepping inside the branch. Plus, our drive-thru banking provides a convenient option for deposits and withdrawals without leaving your vehicle.

Business Banking Services

If you're a business owner, we provide comprehensive business banking solutions including merchant services and business loans. Your success is important to us, and we are committed to supporting local businesses with the resources they need to thrive.

Credit Cards with Rewards

Enjoy shopping? With our credit cards featuring rewards programs, every purchase brings you closer to exciting benefits. From cashback offers to travel perks, our credit card options are designed to reward you for everyday spending.

Home Financing Options

For those dreaming of homeownership, our mortgage loans and refinancing options make the process straightforward. Our knowledgeable staff will guide you through every step, ensuring you understand your choices and can secure the best rates available.

Online & Mobile Banking Convenience

In today's fast-paced world, having access to your finances anytime is essential. Our online and mobile banking platforms allow you to manage your accounts from anywhere. Pay bills, transfer funds, or check balances with just a few clicks or taps on your device.

Personal Banking Solutions

Whether you're looking to open a checking or savings account, our personal banking services have got you covered. We offer accounts that fit different lifestyles, helping you save for a vacation, a new home, or simply managing day-to-day expenses. If you're considering buying a car, our auto loans and vehicle financing options provide flexible terms tailored to fit your budget.

Personal Loans and Debt Management

Life can throw unexpected expenses your way, which is why we offer personal loans and debt consolidation services. Whether it's for medical bills or home repairs, we're here to help you find solutions that ease your financial burdens.

Shared Branch Transactions

If you're visiting from another credit union that partners with us, you'll be able to perform basic transactions like deposits and withdrawals through our shared branch services. At Riverways, we believe that banking should be easy and accessible for everyone in the community. With our variety of services designed for both personal and business needs, we are here to support you every step of the way. Ready to take control of your finances? Visit us today at 600 S Main St Salem Mo 65560 or call us at (573) 739-3113. Join the Salem Branch family today!

Digital & Online Banking

Key Services for Your Convenience

Our online banking services are available 24/7, giving you the freedom to check balances, transfer funds, and pay bills on your schedule. You can also take advantage of e-statements, which are not only eco-friendly but help you keep track of your finances without the clutter of paper statements. Plus, with person-to-person transfers, sending money to friends or family is a breeze!

Mobile Banking Made Easy

For those who prefer banking on-the-go, our mobile application is available for download, making it simple to manage your accounts from your smartphone. While mobile payments aren't currently an option, our app ensures that all essential features are just a tap away.

Safety First

We prioritize your security with every transaction. Although we do not offer electronic signature authorization at this time, rest assured that our systems are designed with advanced safety measures to protect your personal information. In short, Riverways is committed to providing accessible and user-friendly digital banking options that allow you to manage your finances effectively and securely. Whether you're checking in on your accounts or transferring funds, we've got you covered every step of the way!

Financial Strength

A Growing Community

We're excited to report that we have a strong base of trust with our members showing a total of 19,532 accounts. This figure highlights the confidence our community places in us as their chosen financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Riverways is your trusted partner. Visit us at 600 S Main St Salem Mo 65560 or call (573) 739-3113 to learn more about how we can help you achieve your financial goals.

Commitment to Growth

With $5,940,590 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals with $1,564 in used auto loans and $88,001,536 in total loans and leases.

Member-Centric Savings Options

Members' savings are secured through $32,617,289 in share certificates and $6,996,970 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our impressive $201,077 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 35 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $8,591,667, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $817 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $16,917,616 in used vehicle loans and $376,691 in new vehicle loans already helping members get on the road. We aim to provide flexible terms and competitive rates so that you can drive away with confidence.

Business Loans

For business owners, our outstanding commercial loans totaling $9,055,093 provide the capital needed to grow and expand your operations. We understand how crucial it is for businesses to have access to funding when they need it most. At Riverways in Salem, MO (600 S Main St), we're committed to providing personalized service and competitive products that fit your lifestyle. For more information or assistance with any of our loan offerings, feel free to call us at 573-739-3113. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Visit us today or check out our website at http://www.riverwaysfcu.com to learn more about how we can help you achieve your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,341,657, make buying or refinancing simple. We offer various plans tailored to suit your unique financial picture. Plus, if you're considering refinancing an existing loan, we have options available that might help lower your monthly payments.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. While we currently have $0 in unsecured credit card loans issued, our team is ready to assist you in managing your finances effectively with options tailored for responsible spending and budgeting.

Loan Aggregator

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Riverways