First Community Trust announces partnership with River Valley Credit Union & MEMBERS1st Community Credit Union

Partnership will expand investment and retirement services to more Iowans

DUBUQUE, IOWA (August 21, 2023) — First Community Trust, N.A. (FCT), a nationally-chartered trust company headquartered in Dubuque, has announced a new partnership with Ames-based River Valley Credit Union and Marshalltown-based MEMBERS1st Community Credit Union to offer trust services, investment management and retirement services to more Iowans. FCT services include investment management, retirement planning and retirement income strategies primarily through credit unions, as well as trust and estate administration.

“At River Valley Credit Union, we are proud to partner with First Community Trust so our members can navigate their future with more confidence,” said Brian Godwin, CEO of River Valley. “I believe that this partnership will empower more members to make informed financial decisions that lead to long-term financial stability and success.”

“With this partnership, we can further our mission of financially empowering central Iowa,” said Nick Tonelli, CEO of MEMBERS1st. “We are always looking for ways to support our members’ financial wellness and provide greater services to our communities for years to come.”

FCT has a partnership with seven other credit unions across the state, including locations in central and eastern Iowa and also western Illinois.

“FCT is honored to partner with both of these financial cooperatives and serve more Iowans across the state,” said Adam Claypool, CEO of FCT. “Our team is committed to helping Iowans make financial decisions that give them peace of mind when it comes to planning for their future.”

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About First Community Trust

First Community Trust (FCT) is a nationally chartered trust bank offering investment management, financial planning, and trust services for individual and institutional clients nationwide. FCT’s professionals have more than 165 years of consistent and collective investment, financial and trust experience. Founded in 2001, FCT manages over $1 billion in assets, helping individual clients achieve their personal financial, retirement and estate planning goals and helping institutional clients with their retirement plans and other investment management objectives.

About River Valley Credit Union
River Valley Credit Union 
is a member-owned and controlled financial cooperative with locations in Ames and Nevada, Iowa. Over the decades, RVCU’s field of membership has expanded further to include anyone living in or working for a business in Story County or any of the adjacent counties of Hamilton, Hardin, Marshall, Jasper, Polk and Boone. It provides an alternative to traditional banking by offering low-cost, competitive services and benefits exclusively to its members.

About MEMBERS1st Credit Union

MEMBERS1st Credit Union opened its doors in Marshalltown as Fisher Credit Union in 1964 and continued as Central Iowa Credit Union, before becoming MEMBERS1st. Through mergers with other home-grown credit unions, its service area has expanded to 14 central Iowa counties with branches in Traer, Ames, Iowa Falls, Eldora, Boone and Marshalltown. In 2019, MEMBERS1st opened a branch inside the JBS plant in Marshalltown to offer on-site financial services and education to the workforce of one of the community’s largest employers.


Natalie Mahoney

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