Red River Credit Union is headquartered in Texarkana and is the 25th largest credit union in the state of Texas. It is also the 332nd largest credit union in the nation. It was established in 1943 and as of September of 2022, it had grown to 343 employees and 115,637 members at 26 locations. Red River Credit Union's money market rates are 5X the national average, and it boasts an A+ health rating.
Red River Credit Union is open to those who live, work, worship, attend school, or regularly conduct business in the Texas counties of Delta, Lamar, Hunt, Franklin, Hopkins, Camp, Marion, Red River, Harrison, Titus, Morris, Cass, or Bowie; the Arkansas counties of Columbia, Union, Clark, Pike, Hot Springs, Howard, Sevier, Hempstead, Little River, Nevada, Miller, or Lafayette; or the Louisiana parishes of Bossier or Caddo. Relatives of current Red River Credit Union members are also eligible.
See current membership details
Overall | |
---|---|
NCUA # | 5029 |
Year Chartered | 1943 |
Employees | 343 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.83% |
Return on Equity - YTD | 15.53% |
Annual Interest Income | $37.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2022vs Q3 2021 | $1.33B$1.23B |
Loans | Q3 2022vs Q3 2021 | $986.6MM$868.0MM |
Deposits | Q3 2022vs Q3 2021 | $1.15B$1.07B |
Equity Capital | Q3 2022vs Q3 2021 | $155.6MM$135.5MM |
Loan Loss Allowance | Q3 2022vs Q3 2021 | $11.6MM$9.4MM |
Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $7.5MM$4.3MM |
Real Estate Owned | Q3 2022vs Q3 2021 | $0$425.00K |
Always verify rates and promotions with the bank or credit union. We are not Red River Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.