Brazos Valley Schools Credit Union is headquartered in Katy and is the 37th largest credit union in the state of Texas. It is also the 443rd largest credit union in the nation. It was established in 1954 and as of June of 2023, it had grown to 164 employees and 61,374 members at 13 locations. Brazos Valley Schools Credit Union's CD rates are 5X the national average, and it 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?)
Overall | |
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NCUA # | 66353 |
Year Chartered | 1954 |
Employees | 164 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.35% |
Return on Equity - YTD | 3.63% |
Annual Interest Income | $15.7MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $963.6MM$1.00B |
Loans | Q2 2023vs Q2 2022 | $423.2MM$378.5MM |
Deposits | Q2 2023vs Q2 2022 | $868.2MM$919.5MM |
Equity Capital | Q2 2023vs Q2 2022 | $93.1MM$81.6MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$2.6MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $2.1MM$2.4MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.35%* | $250k* | - | Money Market Checking | ||
OTHER TIERS: 0.20% → $2.5k - $50k | 0.25% → $50k - $100k | 0.30% → $100k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | Dividend Bearing Checking |