River Valley Bancorp Company Profile
This River wants to help manage your revenue stream. River Valley Bancorp is the holding company for River Valley Financial Bank, a thrift serving southeast Indiana and neighboring communities in Kentucky from about 10 branches. The bank offers standard deposit products including checking and savings accounts, CDs, NOW accounts, and IRAs. It uses funds from deposits to write a variety of commercial and consumer loans; single-family mortgages make up about half of its loan portfolio. River Valley Financial also invests in government bonds, municipal securities, and mortgage-backed securities. The bank's wealth management arm offers brokerage, trust, and advisory services. German American Bancorp bought the bank in February 2016 for $83.5 million.
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