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Rave Financial


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
bankwithrave.com
800-892-1111
3535 Calder Ave
Beaumont, TX 77706

Rave Financial is headquartered in Beaumont and is the 32nd largest credit union in the state of Texas. It is also the 421st largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 285 employees and 82,926 members at 14 locations. Rave Financial's CD rates are 5X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Rave Financial is open to those who live, work, worship, or attend school in the Texas counties of Chambers, Hardin, Jasper, Jefferson, Liberty, Newton, Orange, Galveston, Tyler, Harris, Polk, Montgomery, San Jacinto, Sabine, Angelina or San Augustine.
See current membership details

Reviews

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #68735
Year Chartered1935
Employees285
Primary Regulator
Profit Margin
Return on Assets - YTD0.45%
Return on Equity - YTD3.31%
Annual Interest Income$12.9MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$1.1B$1.1B
LoansQ1 2025vs Q1 2024$860.2MM$828.9MM
DepositsQ1 2025vs Q1 2024$849.7MM$858.1MM
Equity CapitalQ1 2025vs Q1 2024$147.6MM$142.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$10.6MM$12.1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$4.1MM$4.5MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Rave Financial Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$5-Share Savings Account
0.20%$25-Christmas Saver
0.20%$25-Vacation Saver
0.20%$0$500Business Savings

Rave Financial Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$25k*-Money Market Account
OTHER TIERS: 0.40% → $0 - $10k | 0.60% → $10k - $25k
0.80%*$25k*-Business Flex Money Market
OTHER TIERS: 0.40% → $0 - $10k | 0.60% → $10k - $25k

Rave Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
6.10%*$1k*$35kChecking Account
OTHER TIERS: 0.50% → $35k+
6.10%*$1k*$35kBusiness Checking Account
OTHER TIERS: 0.50% → $35k+

Rave Financial CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.50%$1k-12 Month CD
4.50%$5k-Business 12 Month CD
4.25%$1k-6 Month CD
4.25%$250-6 Month Smart Teen CD
4.25%$5k-Business 6 Month CD
3.50%$1k-18 Month CD
3.50%$1k-24 Month CD
3.50%$1k-3 Year CD
3.50%$1k-4 Year CD
3.50%$1k-5 Year CD
3.50%$5k-Business 3 Year CD
3.50%$5k-Business 4 Year CD
3.50%$5k-Business 5 Year CD
3.50%$5k-Business 18 Month CD
3.50%$5k-Business 24 Month CD
2.50%$1k-3 Month CD
2.50%$5k-Business 3 Month CD

Rave Financial IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.50%$1k-12 Month IRA
4.25%$1k-6 Month IRA
3.50%$1k-18 Month IRA
3.50%$1k-24 Month IRA
3.50%$1k-3 Year IRA
3.50%$1k-4 Year IRA
3.50%$1k-5 Year IRA
2.50%$1k-3 Month IRA
0.20%$500-IRA Savings
Locations

Availability



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