Raiz Credit Union El Paso TX | Affordable Auto Loans & Checking

Introduction

Welcome to Raiz, your trusted financial partner located at 2112 N Mesa St, El Paso, TX 79902. Since our establishment in 1936, we have been dedicated to serving the community with a focus on trust and reliability. With over 74,265 members and total assets exceeding $990 million, we pride ourselves on being more than just a credit union; we are a cornerstone of financial support for individuals and families alike. At Raiz, our commitment to the community is reflected in our wide array of services tailored to meet your needs whether it's personal banking, auto loans, or business banking solutions. We understand that everyone's financial journey is unique, which is why our dedicated team of 241 employees, led by CEO Max Villaronga and Board President Lillian Crouch, is here to guide you every step of the way. While members can visit us at our branch location, official correspondence should be sent to 12020 Rojas, El Paso, TX 79936. With a net worth of $121 million and cash reserves amounting to $18 million, we ensure that your finances are managed with care and expertise. Our mission goes beyond just numbers; it's about building lasting relationships within the community. We offer competitive rates on loans and deposits, with a total loan portfolio of 36,467 loans and deposits totaling $79 million. This means we're not just here for today but invested in your tomorrow. We invite you to explore what Raiz has to offer. Call us at 915-843-8328 or visit our website at raiz.us to discover how we can assist you in achieving your financial goals. Join us in making a difference together!

Branch History & Mission

A Legacy of Growth

From its humble beginnings over eight decades ago, Raiz has blossomed into a trusted financial partner for over 74,000 members. Located at 2112 N Mesa St, El Paso, TX 79902, we have always prioritized providing exceptional services that meet the diverse needs of our community. Our total assets have grown significantly to an impressive $990,017,143, reflecting our commitment to sound financial practices and responsible management.

Community Engagement

Our success is intertwined with the well-being of El Paso. We actively engage in community outreach initiatives and partnerships that uplift local residents. By providing essential banking services alongside community support programs, we aim to make a positive impact on the lives of those around us.

Embracing Technology

In today's fast-paced world, we understand the importance of staying current with technology. That's why we've invested in digital advancements such as online banking, mobile payments, and electronic signatures making it easier than ever for you to manage your finances conveniently and securely. With our drive-thru service available for basic transactions and ATM access at your fingertips, your banking experience is designed for ease and efficiency.

Join Us Today

As you consider your financial future, we invite you to become part of the Raiz family. Experience firsthand how our member-focused approach can benefit you personally or professionally. For more information about joining us or exploring our services, please visit Raiz or call us at 915-843-8328. Together, let's build a brighter future for ourselves and our community!

Our Mission

At Raiz, our mission is clear: we strive to offer personalized financial solutions while supporting the well-being of our members and the community we serve. We believe that everyone deserves access to affordable banking options and resources that can help them achieve their financial goals. Whether it's through personal banking services like checking and savings accounts or loans for automobiles and mortgages, we are here to guide you every step of the way. While members can visit us at 2112 N Mesa St, official correspondence should be sent to 12020 Rojas, El Paso, TX 79936. This attention to detail ensures that we remain accessible and responsive to your needs.

Branch Location & Accessibility

Easy Access and Convenience

At Raiz, we prioritize making banking as convenient as possible. Our branch features ample parking, so you can easily pop in without hassle. We also take accessibility seriously; our facility is ADA compliant, ensuring that everyone can enjoy our services comfortably. If you're looking for quick transactions or simply want to avoid waiting inside, our drive-thru service is available for your convenience. You can perform basic transactions such as deposits and withdrawals right from your vehicle. And for those who prefer using ATMs, we have one on-site ready for use 24 hours a day.

More than Just Banking

Raiz offers a wide range of services designed to meet your financial needs from personal checking and savings accounts to auto loans and mortgages. We're not just about transactions; we're here to help you achieve your financial goals with personalized support. If you need assistance or have questions, don't hesitate to give us a call at 915-843-8328. Our friendly team is always eager to help you navigate your banking journey. While members can visit us at 2112 N Mesa St, official correspondence should be sent to our mailing address at 12020 Rojas, El Paso, TX 79936. We look forward to welcoming you into our branch soon!

Operating Hours

We understand that life can be busy! That's why we're open around the clock. Our lobby welcomes you every day of the week, allowing you to visit us at any hour that fits your schedule. Whether it's early morning or late at night, Raiz is here to serve you.

Member Eligibility

At Raiz, we believe that joining our community is about more than just banking it's about belonging to a supportive network that prioritizes your financial well-being. Becoming a member is simple! If you live, work, worship, or attend school in El Paso County, you're already eligible. We warmly welcome individuals and their immediate family members, making it easy for you to enjoy the benefits of being part of our cooperative. You'll gain access to a wide range of financial services designed with your needs in mind, from personal banking to auto loans and more. Ready to take the next step? You can find detailed eligibility criteria by visiting this link. When you're ready to open an account, it's just as easy simply head over to our account opening page or give us a call at 915-843-8328 for assistance. We're located at 2112 N Mesa St, El Paso, TX 79902, and we can't wait to welcome you into the Raiz family!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $153 in commercial loans for our members, helping businesses scale and succeed. These funds have gone towards everything from purchasing new equipment to expanding office space, allowing entrepreneurs to realize their dreams. - With an outstanding commercial loan portfolio of $61,509,327, we continue to drive economic growth by financing new and expanding businesses in our community.

Merchant Services

Beyond loans, we provide essential merchant services that simplify the way you do business. Imagine easily processing payments from customers without the hassle of complicated systems. Our streamlined solutions help you accept various payment types quickly and securely, letting you focus on what you do best running your business. If you're looking for reliable support to navigate the financial landscape of entrepreneurship, visit us at 2112 N Mesa St El Paso Tx 79902 or give us a call at (915) 843-8328. Let's work together to build a brighter future for your business!

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash quickly? Our ATM & Cash Withdrawal Services ensure that you have access to your money whenever you need it. Additionally, if you prefer face-to-face interactions but are short on time, our Basic Drive-Thru Banking makes it easy to handle deposits and withdrawals without leaving your car. We invite you to experience all these services and more at Raiz! For any questions or assistance, feel free to call us at (915) 843-8328 or visit us online at Mesa/university Self Service. Your financial journey starts here let's navigate it together!

Auto Loans & Vehicle Financing

Looking to purchase a new car? Our Auto Loans & Vehicle Financing services provide competitive rates that can help you get behind the wheel without breaking the bank. Imagine driving home in your dream car while enjoying manageable monthly payments our team is here to guide you through the process.

Business Banking Services

For entrepreneurs, we offer comprehensive Business Banking services that include merchant services and business loans. Running a business comes with its own set of challenges, but having the right financial partner can make all the difference. Let us support your business aspirations with customized financial solutions.

Credit Cards with Rewards

For those who love shopping or travel, our Credit Cards with Rewards allow you to earn points on everyday purchases. Imagine accumulating rewards that bring you closer to your next vacation or new gadget it's a great way to make the most out of your spending!

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we provide robust Online & Mobile Banking features, allowing you to manage your finances anytime and anywhere. From checking balances to making transfers or paying bills, everything is just a click away.

Mortgage Loans & Refinancing

Homeownership is a significant milestone, and we want to support you every step of the way. With our Mortgage Loans & Refinancing, you can secure financing for your dream home or lower your current mortgage rate. We know this can be an overwhelming journey, but our friendly staff will simplify it for you.

Personal Banking Solutions

We understand that managing your finances can be challenging, which is why we offer Personal Banking options like checking and savings accounts designed to help you achieve your financial goals. Whether you're saving for a special occasion or just looking to keep your money safe, our accounts come with features that make tracking your funds easy.

Personal Loans & Debt Consolidation

If you're facing unexpected expenses or need help consolidating debt, our Personal Loans & Debt Consolidation options are here for you. Picture yourself free from high-interest debts as you streamline your payments into one easy monthly installment it's all possible with our tailored solutions.

Digital & Online Banking

Convenient Online Access

Our online banking platform is available 24/7 at https://raiz.us/ . This means you can check your balances, pay bills, and transfer funds from the comfort of your home or on the go. You'll never have to wait in line again! Plus, our electronic signature authorization makes it simple to sign documents securely online.

Go Green with E-Statements

Stay organized and environmentally friendly with our e-statements. You can access your financial statements anytime without the clutter of paper. Not only does this save trees, but it also helps you keep track of your finances more efficiently.

Mobile Features for Your Busy Life

For those who prefer banking on their smartphones, our mobile application makes everything even easier. With features like mobile payments and person-to-person transfers, sending money to friends or paying for that coffee is just a tap away. Whether you're out shopping or catching up with friends, managing your money has never been more convenient.

Safe and Secure Banking

Security is our top priority at Raiz. We utilize advanced technology to protect your information, giving you peace of mind while banking online. You can focus on what matters most enjoying life while we take care of keeping your finances safe. With all these features at your fingertips, managing your finances has never been more accessible or secure. Join us at Raiz today and experience how our digital banking services can simplify your life!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts: 122,090, showcasing a strong and growing member base that trusts us with their finances. This trust is vital as it reinforces the community aspect of what we do here at Raiz. In conclusion, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Raiz is your trusted partner. Visit us at 2112 N Mesa St El Paso Tx 79902 or call (915) 843-8328 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*

Investments in Growth

With $104,675,136 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. This ongoing investment helps us adapt to your needs and enhance your banking experience.

Member-Centric Resources

Unlike traditional banks, we prioritize our members. With non-member deposits at $125,128,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $2,533,509 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We are also proud to employ 230 full-time employees and 11 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 $182,673,198 in share certificates, providing stable and rewarding financial growth opportunities. Although we do not currently have money market shares, our focus remains on maximizing your savings potential with other robust options.

Solid Financial Health

With a net worth of $121,306,359, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,217 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

Our commitment extends to lending as well. With $14,629 in used auto loans and $800,634,602 in total loans and leases, our lending capacity supports members' financial goals across various sectors. This broad range of offerings ensures you have access to the funds you need when you need them.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $309,350,924 in used vehicle loans and $194,906,919 in new vehicle loans already helping members get on the road. Whether you are interested in financing a brand-new model or a reliable used car, our team is ready to assist you every step of the way.

Business Financing

For business owners seeking growth opportunities, our outstanding commercial loans totaling $61,509,327 provide the capital needed to expand your operations. We understand the unique challenges businesses face and offer tailored solutions to meet those needs.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $6,461,030, make buying or refinancing simple. We provide flexible terms and competitive rates to ensure that your dream of owning a home becomes a reality.

Refinancing Options

If you're considering refinancing existing loans or exploring eligibility options for any of our products, our knowledgeable staff is here to guide you through the process. We are committed to finding solutions that work best for you. At Raiz Credit Union, we prioritize transparency and accessibility. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. For any questions or to learn more about how we can help you financially thrive, please reach out at (915) 843-8328. Let us support you on your financial journey today!

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $13,577,320 in loans helping members manage their finances effectively. Our credit cards come with rewards and benefits tailored to fit your lifestyle, providing an added layer of convenience.

Loan Aggregator

Ensuring Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ), ensuring fair and transparent offers. This means you can trust that the information you receive is not only accurate but also reflects current market conditions.

Key Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. You can feel confident knowing you're comparing trustworthy options. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. This commitment to impartiality allows users to make decisions based solely on their needs. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions quickly. This feature ensures you never miss out on competitive rates. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights the effectiveness and reliability of the platform. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

RAIZ FEDERAL CREDIT UNION