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 $2,751,175 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 12.17% 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.
