Rio Bank


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

Rio Bank is headquartered in Mcallen and is the 116th largest bank in the state of Texas. It is also the 1,301st largest bank in the nation. It was established in 1985 and as of March of 2021, it had grown to 179 employees at 15 locations. Rio Bank has a B+ 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
B+

Health Grade Components

Overall
FDIC Certificate #25886
Year Established1985
Employees179
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD9.61%
Annual Interest Income$7.0MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$703.6MM$566.4MM
LoansQ1 2021vs Q1 2020$368.2MM$334.0MM
DepositsQ1 2021vs Q1 2020$619.2MM$488.2MM
Equity CapitalQ1 2021vs Q1 2020$71.4MM$63.6MM
Loan Loss AllowanceQ1 2021vs Q1 2020$3.8MM$3.3MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$7.1MM$8.2MM
Real Estate OwnedQ1 2021vs Q1 2020$1.6MM$237.00K
Rates

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

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.