Railroad Employees CU Belen NM | Affordable Auto Loans & Personal Banking

Introduction

Welcome to the Railroad Employees Credit Union, your trusted financial partner in Belen, NM. Established in 1955, our credit union has been committed to serving our community for over six decades. With a strong membership base of 3,368 members and total assets amounting to an impressive $66,062,501, we take pride in providing personalized banking solutions tailored to meet your needs. Located at 300 N 6th St, we invite you to experience a friendly atmosphere where members can access a variety of services, including checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking options. For your convenience, we also offer online and mobile banking services so you can manage your finances anytime and anywhere. Our leadership team is dedicated to ensuring that your experience with us is exceptional. Led by CEO Gerry Troyer and Board President Horacio Padilla, our staff of 12 employees is here to support you every step of the way. Should you need assistance or have questions, feel free to reach out at 505-864-4740. While members can visit us at 300 N 6th St, official correspondence should be sent to the same address. We are proud of our strong financial foundation with total deposits reaching $3,884,388 and a net worth of $7,121,120. Your trust fuels our commitment to provide secure and reliable financial services. Join us today and discover how the Railroad Employees Credit Union can help you achieve your financial goals. Visit our website at railroadcu.org or give us a call your journey toward financial success starts here!

Branch History & Mission

Community Engagement

We understand that being a part of the community means more than just providing financial services. We actively engage in outreach programs and partnerships designed to uplift those around us. Our team is dedicated not only to individual member success but also to enhancing the overall quality of life in Belen. As we look toward the future, we invite you to join Railroad Employees Credit Union. Experience firsthand how we can assist you in reaching your financial goals while being part of a supportive community. Together, let's build a brighter tomorrow! For any inquiries or assistance, feel free to reach out at 505-864-4740 or visit our website at Railroad Employees Credit Union.

Our Journey

Since opening our doors at 300 N 6th St, Belen, NM 87002, we have grown from a small local credit union into a trusted financial partner for over 3,368 members. With total assets reaching $66,062,501, we have become a cornerstone of financial stability in the region. We believe that every member deserves access to personalized banking solutions that fit their needs, whether they are looking for checking accounts, auto loans, or business financing. Throughout the years, we've embraced technology and innovation. Our commitment to digital advancements allows us to offer online and mobile banking options that make managing finances easier than ever before. We ensure all members can access our services through various platforms, including ATMs and drive-thru banking.

Our Mission

The mission of Railroad Employees is straightforward yet powerful: to empower our members with the financial tools they need to succeed. We strive to foster a community where everyone feels valued and supported. By providing reliable banking products alongside educational resources, we aim to enhance the financial well-being of our members and the greater Belen community. While members can visit us at 300 N 6th St, official correspondence should be sent to the same address as it serves as both our branch and mailing location. Our operating hours are Monday through Friday from 9:00 AM to 5:00 PM, making it convenient for you to connect with us when you need assistance.

Branch Location & Accessibility

Accessibility Features

We understand that accessibility is essential for everyone. Our branch complies with ADA standards, featuring ramps and ample parking to ensure that all our members can easily visit us. Whether you're coming in for a quick transaction or a more detailed discussion about your financial options, we are here to help.

Contact Us

If you have any questions or need assistance, feel free to give us a call at 505-864-4740. Our dedicated team is eager to assist you with any inquiries you may have. While members can visit us at our branch address, official correspondence should be sent to the same location: 300 N 6th St, Belen, NM 87002. We invite you to visit Railroad Employees Credit Union today and experience banking with a personal touch!

Operating Hours and Services

Our lobby hours are Monday through Friday from 9:00 AM to 5:00 PM, making it easy for you to stop by during your day. We offer a range of services including checking and savings accounts, auto loans, mortgage loans, and business banking solutions. Plus, we have an ATM available on-site for quick cash withdrawals or balance checks anytime you need them. For those who prefer a bit more convenience, we also provide drive-thru banking services for simple transactions such as deposits and withdrawals without leaving your vehicle.

Member Eligibility

Joining the Railroad Employees community at Railroad Employees is a wonderful step towards achieving your financial goals while being part of a supportive family. If you live, work, or worship in the Belen area or are affiliated with the railroad industry, you're likely eligible for membership! We warmly welcome individuals and their families who meet these criteria. By becoming a member, you gain access to a range of benefits including competitive rates on loans and savings accounts, personalized service, and community-focused initiatives that make a difference in people's lives. Opening an account is simple! Just visit us at our branch located at 300 N 6Th St Belen Nm 87002, or give us a call at (505) 864-4740 for more information. For detailed eligibility requirements, feel free to check out our website at . We look forward to welcoming you into our vibrant community at Railroad Employees!

Business Banking & Commercial Services

Merchant Services

In addition to lending, our merchant services make transactions easier for you and your customers. Imagine processing payments quickly while offering flexible options that cater to your clientele's needs. Our tools can help streamline your sales process, allowing you to focus on what matters most growing your business. With an outstanding commercial loan portfolio of $167,251, we continue to drive economic growth by financing new and expanding businesses. Whether you're a startup or an established company looking for more resources, Railroad Employees is here to support your journey every step of the way. Visit us at 300 N 6Th St Belen Nm 87002 in Belen, NM, or call us at (505) 864-4740 to learn more about how we can assist you in achieving your business goals!

Tailored Lending Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1 in commercial loans for our members, helping businesses scale and succeed. This financing empowers local entrepreneurs to expand their operations, hire new staff, or invest in essential equipment.

Comprehensive List Of Services

Additional Services

For simple transactions, visit us at our branch for basic drive-thru banking where you can easily handle deposits, withdrawals, and other straightforward tasks without leaving your vehicle. Our ATMs also provide quick access for cash withdrawals and balance checks. At Railroad Employees Credit Union in Belen, NM, we strive to make banking as straightforward as possible while ensuring personalized service. Whether you're just starting out or well on your way toward achieving your financial goals, we are here for you every step of the way. If you have questions or want more information about any of our services, don't hesitate to reach out! Call us at 505-864-4740 or stop by during our lobby hours from Monday through Friday from 9:00 am to 5:00 pm. We look forward to helping you succeed financially!

Convenient Digital Banking

In today's fast-paced world, convenience is key. Our online and mobile banking services allow you to manage your accounts anytime, anywhere. With features like bill pay, e-statements, and mobile payments, staying on top of your finances has never been easier. Plus, our ATM services ensure you have access to cash when you need it most.

Credit Cards and Business Banking

We understand that rewards matter! That's why we offer credit cards with rewards that give back every time you use them. Whether you're using it for groceries or travel, earn points that benefit you directly. For our business members, we provide robust business banking solutions, including merchant services and business loans. We're committed to helping local businesses thrive by offering flexible financing options tailored to their unique needs.

Personal Banking Solutions

When it comes to personal banking, we offer various options tailored for everyday financial needs. Our checking and savings accounts are designed to help you manage your money efficiently, whether you're saving for a vacation or just want to keep your daily expenses organized. For those looking to purchase a vehicle, our auto loans and vehicle financing options make it easier than ever to drive away in the car you want without breaking the bank. Homeownership dreams can become a reality with our mortgage loans and refinancing services. Whether you're buying your first home or looking to refinance an existing mortgage, our friendly team can guide you through the process. Additionally, if you're facing unexpected expenses or planning a big purchase, our personal loans and debt consolidation options can provide the necessary support.

Digital & Online Banking

Convenient Online Banking

With our 24/7 online banking services available at https://www.railroadcu.org/ , you can check balances, transfer funds, and manage your accounts without stepping foot in a branch. Whether it's early morning or late at night, your financial information is just a click away.

E-Statements and Mobile Payments

Stay organized and eco-friendly with e-statements, which are available through our online platform. This feature not only helps you track your finances but also reduces paper clutter. And if you're looking for ways to simplify payments, our mobile payments option allows you to pay for purchases directly from your phone making transactions quicker than ever before. At Railroad Employees, we prioritize security alongside convenience. Our robust online banking tools come with top-notch security measures to protect your personal information while giving you peace of mind. In today's fast-paced world, having the flexibility to manage your finances whenever and wherever you want is crucial. That's why we're committed to providing user-friendly digital solutions that fit seamlessly into your life. Explore more about our offerings at https://www.railroadcu.org/ and take control of your banking experience today!

Mobile App Features

For those who prefer banking on the go, our mobile application makes it simple to handle all your banking needs right from your smartphone. You can easily make person-to-person transfers with friends and family, ensuring that sharing expenses or splitting bills is hassle-free. Plus, with our electronic signature authorization feature, signing documents is quick and secure no need for printing or mailing.

Financial Strength

Commitment to Growth

With $7,121,120 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $994 in used auto loans and $44,868,299 in total loans and leases.

Operational Efficiency

Our commitment to operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 11 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $27,766,449 in share certificates and $112,084 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $4,707,598, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $7,121,120, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,078 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trusted Partnership

Net Shares (Funds available for lending and investments): $0. Total Share and Deposit Accounts: 6,081, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Railroad Employees is your trusted partner. Visit us at 300 N 6Th St Belen Nm 87002 or call (505) 864-4740 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $23,599,075 in used vehicle loans and $6,450,252 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used vehicle, we provide flexible terms to fit your budget.

Credit Lines and Personal Loans

For those looking for extra flexibility in their finances, we offer credit lines totaling $3,250,000. This can be a great option for managing expenses or unexpected costs that arise throughout life.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $630,790, make buying or refinancing simple. We aim to streamline the process so you can focus on making your house a home.

Unsecured Credit Card Loans

We also provide flexible terms on unsecured credit card loans. Although we currently have no outstanding unsecured credit card loans available, our offerings are designed to help members manage their finances effectively when they do become available. At Railroad Employees, we prioritize transparency and accessibility in all our services. If you're interested in refinancing options or want to know if you qualify for any of our loan products, please don't hesitate to ask one of our knowledgeable staff members during your visit or call us directly. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Your journey toward financial stability starts here with us!

Loan Aggregator

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RAILROAD EMPLOYEES CREDIT UNION - Belen, NM