Brazos Valley Schools Credit Union is headquartered in Katy and is the 30th largest credit union in the state of Texas. It is also the 392nd largest credit union in the nation. It was established in 1954 and as of September of 2016, it had grown to 135 employees and 49,534 members at 11 locations. Brazos Valley Schools Credit Union has a B+ health rating.
Membership in Brazos Valley Schools Credit Union is open to the following: (1) those who live, work, attend school or worship in the geographic boundaries of Fort Bend ISD, Lamar Consolidated ISD, Needville ISD, Stafford ISD, Brazos ISD, Katy ISD, Bryan ISD, College Station ISD, Brenham ISD or Burton ISD; (2) employees of Brenham State School, Richmond State School, Fort Bend Appraisal District, Damon ISD and MHMRA of Brazos Valley and other Select Employer Groups.
See current membership details
I have used the Brazos Valley Schools Credit Union since I was 16 and opened my first account. I serves those working in the education field in the local area. My mom was a teacher, so I was able to get an account and have kept it ever since. The personal customer service is outstanding; they really work to learn your name and address any issues that you have as a customer. The products are pretty standard, such as basic checking/savings/safety deposit/etc in the building itself and the rates are good to very good but not great. By that I mean that the interest rates for savings and for loans such as mortgages are good but you could probably get slightly better if you were willing to sacrifice the personal service that this credit union offers. I found the mortgage approval process to be stressful enough--at least I trusted my banker and knew she would keep me informed every step of the way. They have also assisted me with a car loan when I was 20 (since paid off) and I found that to be simple as well. My only complaint is the placement of ATMs as there is really only one, at the bank itself (and if you are going to drive all the way to the bank...wouldn't you just use the counter?)
|Return on Assets - YTD||0.39%|
|Return on Equity - YTD||4.52%|
|Annual Interest Income||$12.1MM|
|Assets and Liabilities|
|Assets||Q3 2016vs Q3 2015||$682.4MM$657.0MM|
|Loans||Q3 2016vs Q3 2015||$203.9MM$194.4MM|
|Deposits||Q3 2016vs Q3 2015||$623.1MM$596.8MM|
|Equity Capital||Q3 2016vs Q3 2015||$58.4MM$55.8MM|
|Loan Loss Allowance||Q3 2016vs Q3 2015||$933.00K$822.00K|
|Unbacked Noncurrent Loans||Q3 2016vs Q3 2015||$1.8MM$1.1MM|
|Real Estate Owned||Q3 2016vs Q3 2015||$1,000$1,000|
Rates for Brazos Valley Schools Credit Union are currently being reviewed.