Rio Grande Credit Union

Overview / Commentary
1211 4th Street NW
Albuquerque, NM 87102

Rio Grande Credit Union is headquartered in Albuquerque and is the 9th largest credit union in the state of New Mexico. It is also the 649th largest credit union in the nation. It was established in 1952 and as of March of 2024, it had grown to 139 employees and 47,506 members at 8 locations. Rio Grande Credit Union's CD rates are 6X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership in Rio Grande Credit Union is open to those who live, work, worship, attend school or, volunteer in Sandoval or Bernalillo Counties in New Mexico. Membership is also open to members of Catholic parishes and employees of more than 80 Select Employer Groups.
See current membership details

Reviews (1)

Terrible Bank F-

Posted by: |

This bank is awful. Their banking system and app is full of errors and very cheaply designed. They constantly charge fees in error and plunder your accounts.. Then it always takes an enormous amount of time to correct it. A few weeks ago this happened costing me around $50, but I didn't have time to make 10 calls and go into the branch and argue. I just discovered it happened again charging me $125. The employees working there do their best to cope with a faulty bank.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Rio Grande Credit Union has a negative return on assets.

Health Grade Components

NCUA #62573
Year Chartered1952
Primary Regulator
Profit Margin
Return on Assets - YTD-4.24%
Return on Equity - YTD-61.3%
Annual Interest Income$8.4MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$625MM$617.3MM
LoansQ1 2024vs Q1 2023$433.4MM$450.7MM
DepositsQ1 2024vs Q1 2023$558.3MM$557.5MM
Equity CapitalQ1 2024vs Q1 2023$42.8MM$50.4MM
Loan Loss AllowanceQ1 2024vs Q1 2023$7.7MM$4.4MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$4.2MM$2.9MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Rio Grande Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Rio Grande Credit Union Savings Account Rates

3.04%*$25*$500Kirby Kangaroo Share Account
OTHER TIERS: 0.50% $500+
3.04%*$25*$500CU Succeed Share Account
OTHER TIERS: 0.50% $500+
1.00%$25-Christmas Club Account
1.00%$25-Vacation Club Account
1.00%$25-Rainy Day Club Account
0.60%$25-Roth IRA Account
0.60%$25-Traditional IRA Account
0.50%$25-Prosperity Kids Account
0.15%*$1k*-Regular Share Account
OTHER TIERS: 0.10% $25 - $1k
0.15%*$1k*-Secondary Shares Account
OTHER TIERS: 0.10% $25 - $1k

Rio Grande Credit Union Money Market Rates

1.76%*$50k*-Investors Club Account
OTHER TIERS: 0.25% $1k - $10k | 1.51% $10k - $50k

Rio Grande Credit Union Checking Account Rates

2.02%$0-Zia Checking Account
0.20%$0-CU Succeed Checking Account

Rio Grande Credit Union CD Rates

5.01%$500-12 Month CD
4.59%$500-6 Month CD
4.33%$500-24 Month CD
4.33%$500-36 Month CD
4.07%$500-3 Month CD
3.25%$500-48 Month CD
3.25%$500-60 Month CD

Rio Grande Credit Union IRA Rates

5.01%$500-12 Month IRA
4.59%$500-6 Month IRA
4.33%$500-24 Month IRA
4.33%$500-36 Month IRA
4.07%$500-3 Month IRA
3.25%$500-48 Month IRA
3.25%$500-60 Month IRA

Rio Grande Credit Union Locations
Branch Office301 Rio Bravo Blvd SEAlbuquerque, NM 87105
Branch Office1201 San Pedro Dr NEAlbuquerque, NM 87110
Branch Office1211 4th St NWAlbuquerque, NM 87102-1414
Branch Office485 Coors Blvd NWAlbuquerque, NM 87121
Branch Office10001 Lomas Blvd NEAlbuquerque, NM 87112
Branch Office1526 Unser Blvd SERio Rancho, NM 87124
Branch Office4700 Montgomery Blvd NEAlbuquerque, NM 87109
Corporate Office1121 4th St NWAlbuquerque, NM 87102

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.