Red River Credit Union is headquartered in Texarkana and is the 24th largest credit union in the state of Texas. It is also the 338th largest credit union in the nation. It was established in 1943 and as of September of 2020, it had grown to 341 employees and 114,788 members at 29 locations. Red River Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.
Red River Credit Union is open to those who live, work, worship, attend school, or regularly conduct business in, and businesses and other legal entities located in the Texas counties of Bowie, Camp, Cass, Delta, Franklin, Harrison, Hopkins, Hunt, Lamar, Marion, Morris, Redriver or Titus; or the Arkansas counties of Clark, Columbia, Hempstead, Hot Spring, Howard, Lafayette, Little River, Miller, Nevada, Pike, Sevier, or Union; or the Mississippi counties of Bolivar, Coahoma, Panola, Quitman, or Tallahatchie; or the Louisiana parishes of Bossier or Caddo.
See current membership details
Overall | |
---|---|
NCUA # | 5029 |
Year Chartered | 1943 |
Employees | 341 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.75% |
Return on Equity - YTD | 7.17% |
Annual Interest Income | $32.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $1.11B$959.1MM |
Loans | Q3 2020vs Q3 2019 | $804.2MM$727.9MM |
Deposits | Q3 2020vs Q3 2019 | $967.8MM$823.3MM |
Equity Capital | Q3 2020vs Q3 2019 | $115.4MM$106.3MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $8.1MM$7.3MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $5.7MM$7.2MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $725.00K$918.00K |
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.