Red River Employees Federal Credit Union
Headquarters
Po Box 5909
Texarkana, TX 75505
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2024 Overview
General Credit Union Information
Red River Employees is an NCUA insured institution located in Texarkana, TX. It was founded in 1943 and has approximately $1404.11 millions in assets.
Who can join?
You may be eligible if you...
Work, Worship, Reside or Attend School in one of the following counties in Texas: Red River, Morris, Titus, Bowie or Cass;
Work, Worship, Reside or Attend School in one of the following counties in Arkansas: Sevier, Little River, Miller, Hempstead, Lafayette, Nevada or City of Nashville;
Are an Immediate Family Member of a current Member-Owner. Immediate Family Member means spouse, child, sibling, parent, grandparent, grandchild, stepparents, stepchildren, stepsiblings and adoptive relationships;
Are an Active or Retired Military;
Are Employed, Retired or Belong To one of the union's Select Employee Groups.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 5029 |
| Date Established | 1943 |
| Assets | $1,404.11 million |
| Loans | $1,044.21 million |
| Deposits | $1,186.54 million |
| Capital | $184.81 million |
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school, or volunteer in the Texas counties of Bowie, Camp, Cass, Delta, Franklin, Harris, Hopkins, Hunt, Lamar, Marian, Morris, Red River, or Titus; or the Arkansas counties of Clark, Garland, Hempstead, Hot Spring, Howard, Lafayette, Little River, Miller, Nevada, Pike, or Sevier.
Deposit Rates - April 19, 2024
Your Current Location: Ohio, OH 43085
We do not yet have rates for Red River Employees
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Note to Red River Employees
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Loan Rates - April 19, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Red River Employees
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 401822 |
6.818% | 6.625% | 1.00 | $6,400 | $2,049 | Learn More |
NMLS ID: 2059741 |
6.994% | 6.875% | 0.63 | $3,901 | $2,103 | Learn More |
NMLS ID: 3030 |
7.451% | 7.375% | 0.75 | $2,400 | $2,211 | Learn More |
NMLS ID: Not a Lender |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Red River Employees
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Red River Employees branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
RED RIVER EMPLOYEES is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Red River Employees Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Red River Employees. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Red River Employees | U.S. Average |
|---|---|
| 13.42% | 6.97 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2023, Red River Employees had $25,502,043 in non-current loans and $902,449 in owned assets. To cover these potential losses it had $184,808,493 in net worth and $11,909,453 in loans loss reserves. That gives it a Texas Ratio of 13.42%.
Net Worth
| Red River Employees | U.S. Average |
|---|---|
| 13.16% | 13.62% |
Red River Employees FCU has a net worth of 13.16% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Red River Employees
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