Rio Bank


Overview / Commentary
877-631-7890
701 E. Expwy. 83
Mcallen, TX 78501

Rio Bank is headquartered in Mcallen and is the 105th largest bank in the state of Texas. It is also the 1,115th largest bank in the nation. It was established in 1985 and as of June of 2022, it had grown to 191 employees at 15 locations. Rio Bank has an A health rating.

Reviews (1)

Terrible Institution

Posted by: |

Rio Bank is a terrible institution.  Horrible online system.  No help on the weekends.  Is this bank stuck in the stone age or what?  We pulled our accounts as soon as we found out about it. 



Health

Health Grade Components

Overall
FDIC Certificate #25886
Year Established1985
Employees191
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD7.79%
Annual Interest Income$14.3MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$866.9MM$745.2MM
LoansQ2 2022vs Q2 2021$382.7MM$368.2MM
DepositsQ2 2022vs Q2 2021$805.8MM$659.1MM
Equity CapitalQ2 2022vs Q2 2021$58.5MM$72.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.5MM$4.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.3MM$5.9MM
Real Estate OwnedQ2 2022vs Q2 2021$0$1.4MM
Rates

Sorry, we do not have rate data for Rio Bank.

Locations

Availability

Harlingen Area

Interactive local rates map


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