Rio Bank
Overview / Commentary
Rio Bank is headquartered in Mcallen and is the 181st largest bank in the state of Texas. It is also the 2,069th largest bank in the nation. It was established in 1985 and as of December of 2017, it had grown to 107 employees at 8 locations. Rio Bank has a B health rating.
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Reviews (1)
Terrible Institution
Posted by: latamar | Nov 7, 2010
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
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 25886 |
| Year Established | 1985 |
| Employees | 107 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 10.53% |
| Annual Interest Income | $15.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $324.8MM$286.0MM |
| Loans | Q4 2017vs Q4 2016 | $205.9MM$186.8MM |
| Deposits | Q4 2017vs Q4 2016 | $288.7MM$258.6MM |
| Equity Capital | Q4 2017vs Q4 2016 | $30.8MM$26.0MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $2.6MM$2.3MM |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $3.2MM$1.1MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $1.7MM$0 |
Rates
Sorry, we do not have rate data for Rio Bank.
Locations
| Rio Bank Locations | ||
|---|---|---|
| Weslaco Branch | 1000 N. Westgate Drive | Weslaco, TX 78596 |
| Rio Bank | 1655 North 23rd Street | Mcallen, TX 78502 |
| Brownsville Branch | 3401 Old Hwy. 77 | Brownsville, TX 78520 |
| Palmview Branch | 401 North Bentsen Palm Drive | Mission, TX 78572 |
| San Juan Branch | 401 West Fm 495 | San Juan, TX 78589 |
| Mcallen Branch | 4120 N. Mccoll Road | Mcallen, TX 78504 |
| Harlingen Branch | 601 S Stuart Place Rd | Harlingen, TX 78552 |
| South Mcallen Branch | 720 E. Jackson Ave. | Mcallen, TX 78501 |