Overview / Commentary
Rio Grande Valley Credit Union is headquartered in Harlingen and is the 114th largest credit union in the state of Texas. It is also the 1,449th largest credit union in the nation. It was established in 1954 and as of June of 2023, it had grown to 39 employees and 17,511 members at 5 locations. Rio Grande Valley Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Rio Grande Valley Credit Union is open to those who live, work, worship, or attend school in Willacy County, Texas, or within a 10-mile radius of any RGV Credit Union branch office in Harlingen, San Benito or Rio Hondo.
See current membership details
Health
B+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61734 |
| Year Chartered | 1954 |
| Employees | 39 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.75% |
| Return on Equity - YTD | 20.35% |
| Annual Interest Income | $2.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $155.2MM$158.3MM |
| Loans | Q2 2023vs Q2 2022 | $86.2MM$80.7MM |
| Deposits | Q2 2023vs Q2 2022 | $138.5MM$143.1MM |
| Equity Capital | Q2 2023vs Q2 2022 | $13.4MM$11.6MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$238.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $168.00K$84.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |