Red River Credit Union is headquartered in Texarkana and is the 26th largest credit union in the state of Texas. It is also the 340th largest credit union in the nation. It was established in 1943 and as of June of 2019, it had grown to 332 employees and 110,715 members at 28 locations. Red River Credit Union has an A health rating.
Red River Credit Union is open to those who attend school, work, live, or worship in: (1) Caddo, Madison, or Grambling parishes, Louisiana (2) Bolivar (between Mound Bayou and Shelby), Quitman, Panola, Tallahatchie, or Coahoma counties, Mississippi (3) Bowie, Camp, Cass, Delta, Franklin, Harrison, Hopkins, Hunt, Lamar, Marion, Morris, Red River, or Titus counties, Texas (4) Clark, Garland, Hempstead, Hot Springs, Howard, Lafayette, Little River, Miller, Nevada, Pike, or Sevier counties, Arkansas. Other eligibility includes any employee, student, or worshiper of the following organizations: City of Bastrop, Holy Temple Church of God in Christ, Med Life EMS. Inc., Housing Authority of the City of Bossier City, Superior Surgical Mfg. Co., Inc, or any one of the more than 50 groups. (full membership requirements is listed in the credit union's online application)
See current membership details
|Return on Assets - YTD||1%|
|Return on Equity - YTD||9.12%|
|Annual Interest Income||$21.3MM|
|Assets and Liabilities|
|Assets||Q2 2019vs Q2 2018||$964.1MM$891.4MM|
|Loans||Q2 2019vs Q2 2018||$723.5MM$686.1MM|
|Deposits||Q2 2019vs Q2 2018||$832.4MM$789.4MM|
|Equity Capital||Q2 2019vs Q2 2018||$104.2MM$93.3MM|
|Loan Loss Allowance||Q2 2019vs Q2 2018||$7.0MM$7.2MM|
|Unbacked Noncurrent Loans||Q2 2019vs Q2 2018||$6.1MM$8.7MM|
|Real Estate Owned||Q2 2019vs Q2 2018||$926.00K$694.00K|
Rates for Red River Credit Union are currently being reviewed.