Rio Bank
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Overview / Commentary
Rio Bank is headquartered in Mcallen and is the 178th largest bank in the state of Texas. It is also the 1,998th largest bank in the nation. It was established in 1985 and as of March of 2018, it had grown to 107 employees at 8 locations. Rio Bank has a B+ health rating.
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Reviews (1)
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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 Q1 2018
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 | 1.09% |
| Return on Equity - YTD | 11.61% |
| Annual Interest Income | $4.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $334.6MM$316.9MM |
| Loans | Q1 2018vs Q1 2017 | $207.1MM$200.5MM |
| Deposits | Q1 2018vs Q1 2017 | $299.1MM$279.4MM |
| Equity Capital | Q1 2018vs Q1 2017 | $30.9MM$26.6MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $2.7MM$2.3MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $3.1MM$3.4MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $1.7MM$796.00K |
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 |