Rio Bank
Overview / Commentary
Rio Bank is headquartered in Mcallen and is the 193rd largest bank in the state of Texas. It is also the 2,252nd largest bank in the nation. It was established in 1985 and as of June of 2016, it had grown to 98 employees at 8 locations. Rio Bank has an A 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
A
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 25886 |
| Year Established | 1985 |
| Employees | 98 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 11.89% |
| Annual Interest Income | $7.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $291.2MM$265.4MM |
| Loans | Q2 2016vs Q2 2015 | $180.2MM$168.8MM |
| Deposits | Q2 2016vs Q2 2015 | $262.4MM$231.9MM |
| Equity Capital | Q2 2016vs Q2 2015 | $25.8MM$24.6MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $2.5MM$2.6MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $1.4MM$2.1MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $400.00K$715.00K |
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 |