Raiz Credit Union El Paso TX | Top Auto Loans & Business Banking

Introduction

Welcome to Raiz, your trusted financial partner right here at 9835 Kenworthy St, El Paso, TX 79924. Established in 1936, we have been dedicated to serving our community for over 85 years. With a solid membership base of 74,265 individuals and total assets reaching an impressive $990,017,143, we pride ourselves on being a cornerstone of financial stability and support for our members. At Raiz, we understand the importance of personalized service and community involvement. Under the leadership of CEO Max Villaronga and Board President Lillian Crouch, our team of 241 employees is committed to providing exceptional banking experiences tailored to meet your needs. Whether you're looking for auto loans, mortgage options, or business banking services, we have the resources and expertise to help you succeed. While members can visit us at our branch location, official correspondence should be sent to the same address: 9835 Kenworthy St, El Paso, TX 79924. We encourage you to reach out with any questions at (915) 843-8328 or send us a fax at (915) 859-3564. Our dedication goes beyond numbers; it's about making a positive impact in our community. With total deposits amounting to $79,280,223 and a net worth of $121,306,359, we are in a strong position to support local initiatives and provide valuable financial products that benefit everyone. Join us at Raiz where your financial goals are our priority! Visit our website at raiz.us or come see us in person to learn more about how we can assist you on your financial journey.

Branch History & Mission

Welcome to Raiz, your trusted credit union located at 9835 Kenworthy St, El Paso, TX 79924. Established in 1936, we have proudly served our community for over 85 years. Since our inception, Raiz has been dedicated to providing exceptional financial services while fostering a sense of belonging among our members. Our journey began with a small group of visionaries who wanted to create a supportive financial institution that truly cared for its members. Over the decades, we have grown significantly from those humble beginnings. Today, we proudly serve more than 74,265 members and manage total assets of approximately $990 million. Our growth reflects not only our commitment to sound financial practices but also the trust and loyalty of our community. At Raiz, we believe that banking should be accessible and straightforward. Our mission is simple: to empower individuals and families by offering personalized financial solutions while making a positive impact on the community. We provide a range of services including personal banking, auto loans, mortgages, and business banking solutions. Each service is designed with our members' needs in mind. In addition to traditional banking services, we are committed to embracing technology that makes banking easier for everyone. Our online and mobile banking platforms allow you to manage your finances anytime, anywhere. We also offer features such as e-statements and mobile payments for added convenience. While our physical location at Kenworthy serves as a hub for personal interactions complete with ATM access and drive-thru banking we understand the importance of digital advancements in today's world. Whether you're stopping by for a quick transaction or reaching out through our website at raiz.us, we're here to support you every step of the way. Community outreach is another cornerstone of our mission. We actively engage in partnerships and initiatives aimed at improving the lives of those in El Paso. From financial literacy programs to local sponsorships, we strive to make a difference beyond banking. While members can visit us at 9835 Kenworthy St El Paso Tx 79924, official correspondence should be sent to 9835 Kenworthy St, El Paso, TX 79924. Our friendly team is available during lobby hours from 9:00 AM to 5:30 PM on weekdays and until noon on Saturdays for drive-thru services. Join us at Raiz and discover how we can help you reach your financial goals while being part of a community-focused family. Your journey towards financial empowerment starts here! For any inquiries or assistance, feel free to call us at (915) 843-8328. We look forward to welcoming you!

Branch Location & Accessibility

Welcome to Raiz at Kenworthy, your friendly neighborhood credit union located conveniently at 9835 Kenworthy St in El Paso, TX. Our branch is easy to find and access, making it simple for you to manage your banking needs. Whether you're heading to the nearby Walmart or just passing through the bustling streets of the area, we are here to serve you. At Raiz, we prioritize accessibility. Our branch is designed with features that ensure everyone can visit us comfortably. We have ample parking available and ADA-compliant ramps for easy access. Plus, our drive-thru service means you can complete your banking without even leaving your car! If you need cash on the go, you'll be pleased to know that we offer ATM services right on site. Our lobby hours are welcoming too! You can come in from 9:00 AM to 5:30 PM on weekdays, and if you're looking for a quick stop on Saturday, our drive-thru is open from 9:00 AM until noon. Have questions? Feel free to give us a call at 915-843-8328; our team is always ready to assist you. While members can visit us at 9835 Kenworthy St, official correspondence should be sent to the same address for convenience. We look forward to seeing you soon at Raiz where your financial well-being is our top priority!

Member Eligibility

At Raiz, we believe that everyone deserves the chance to be part of a community that supports their financial journey. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in the El Paso area, you're likely eligible to join us. We also welcome family members of current members, so if you have a loved one who is already part of our cooperative, you're in! Joining Raiz means gaining access to a range of benefits, including personalized service and competitive rates on loans and savings accounts. To get started on your membership journey, check out the detailed eligibility criteria at http://www.raiz.us/about/become-a-member/. When you're ready to open your account, simply visit us at our branch located at 9835 Kenworthy St El Paso Tx 79924, or give us a call at (915) 843-8328 for more assistance. It's that easy to become part of something special!

Business Banking & Commercial Services

Business Loan Options

Imagine having the financial backing to take your business to the next level. 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. While we primarily focus on our members, we also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions for those who need it.

Merchant Services

In today's fast-paced market, efficient payment processing can make all the difference. With our merchant services, you can accept payments easily and securely, enhancing customer satisfaction while keeping your cash flow steady. Imagine serving more customers simply because you're equipped with reliable payment options. With an outstanding commercial loan portfolio of $61,509,327, we continue to drive economic growth by financing new and expanding businesses right here in El Paso, TX. Join us at Raiz, located at 9835 Kenworthy St El Paso Tx 79924, and discover how our business banking services can empower your enterprise. For more information, call us at (915) 843-8328 today!

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash on-the-go? Our convenient ATM & Cash Withdrawal Services allow you quick access to funds whenever you need them. Plus, our Drive-Thru Banking provides basic services like deposits and withdrawals without leaving your vehicle perfect for those busy days when time is tight. At Raiz, we strive to make banking as accessible as possible while maintaining a personal touch. If you're interested in learning more about how our services can benefit you or if you have questions about membership, please don't hesitate to reach out at (915) 843-8328 or visit us online at https://raiz.us/. We look forward to serving you at Raiz!

Business Banking

For entrepreneurs and small business owners, we provide tailored solutions through our Business Banking services. From Merchant Services that simplify transactions to Business Loans designed to fuel growth, we're here to support your ventures every step of the way.

Credit Cards

Our Credit Cards with Rewards give you more than just purchasing power; they offer benefits that can enhance your lifestyle. Earn points on everyday purchases that can be redeemed for travel, merchandise, or cashback it's like getting rewarded just for using your card!

Digital & Mobile Banking

In today's fast-paced world, convenience is key. That's why Raiz offers robust Online and Mobile Banking features. You can easily manage your accounts from anywhere with our secure platform. Enjoy the ease of making transfers, checking balances, and even accessing e-statements all from the palm of your hand.

Personal Banking

When it comes to personal banking, we offer a variety of options tailored just for you. Our Checking and Savings Accounts make it easy to manage your money effectively. Imagine having a reliable place to store your funds while earning interest on your savings! For those looking to purchase a vehicle, our Auto Loans and Vehicle Financing solutions provide competitive rates that can fit any budget. If you're thinking about buying a home, our Mortgage Loans and Refinancing services can guide you through the process, making it simpler than ever. Perhaps you need some extra cash for unexpected expenses? Our Personal Loans and Debt Consolidation options are designed to help you regain control of your finances.

Digital & Online Banking

At Raiz, we understand that life can get busy, and managing your finances should be easy and secure. That's why we offer a full suite of digital and online banking services designed to make your banking experience convenient and accessible, no matter where you are. With our 24/7 Online Banking Services, you can check your account balance, pay bills, and transfer funds anytime you need. Simply visit https://raiz.us/ to get started. Whether you're at home or on the go, our mobile application allows you to manage your finances right from your smartphone. And if you're a fan of quick transactions, you'll love our Mobile Payments Feature, making it simple to pay for purchases without fumbling for cash or cards. Security is a top priority for us. Our Electronic Signature Authorization process ensures that all your transactions are safe and protected. Plus, with the option for E-Statements, you can easily access your financial documents digitally no more waiting for paper statements in the mail! Need to send money to a friend? Our Person-to-Person Transfers feature makes it effortless to send and receive money instantly, making those split bills or last-minute gifts a breeze. At Raiz, we aim to provide an easy-to-use platform that puts you in control of your finances. With real-time account management tools at your fingertips, staying on top of your money has never been easier. Join us today and explore how our digital banking services can simplify your life!

Financial Strength

Growing Community Trust

With a robust member base reflected by 122,090 total share accounts, our community trusts us with their finances. This trust empowers us to keep growing while ensuring that every member feels valued. 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 9835 Kenworthy St El Paso Tx 79924 or call (915) 843-8328 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Solutions

Members' savings are secured through $182,673,198 in share certificates, offering stable and rewarding financial growth opportunities. While we focus on our members' needs, we also hold $125,128,000 in non-member deposits, which helps us prioritize resources for your benefit through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency shines through with a net income of $2,533,509, allowing us to continue offering competitive loan rates and solid financial products. We proudly employ 230 full-time employees and 11 part-time employees who are always ready to assist you with their knowledge and dedication.

Reinvesting for Your Future

With $104,675,136 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve you better. Our commitment to growing our lending capacity is evident as we have $14,629 in used auto loans and $800,634,602 in total loans and leases available to support your financial goals across various sectors.

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.

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. We provide flexible terms and competitive rates to make sure you drive away happy.

Commercial Loans

For business owners, our outstanding commercial loans totaling $61,509,327 provide the capital needed to grow and expand. We recognize that running a business requires access to reliable funding, and we're here to help you succeed.

Credit Lines and Unsecured Loans

Managing finances can be challenging, which is why 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. Additionally, our total credit lines of $181,229,600 allow for greater flexibility in your spending.

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're here to support you through every step of the process, whether you're a first-time buyer or looking to refinance your current home.

Refinancing Options

If you're considering refinancing any existing loans or want to explore eligibility options, our knowledgeable team at Raiz can guide you through the process. We aim to ensure that you find the best solutions tailored to your situation. For more information about our loan offerings or if you're ready to take the next step in your financial journey, please contact us at (915) 843-8328, visit us at 9835 Kenworthy St El Paso Tx 79924, or check out our website at https://raiz.us/. Remember, performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you turn your financial dreams into reality!

Loan Aggregator

Accurate Loan 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). This means that users can trust the information they receive is accurate and fair. Each loan offer displayed comes from legitimate financial institutions, ensuring that all comparisons are built on verified data.

Benefits of Using LendMesh

- Verified Data: All loan offers originate from recognized financial institutions, which guarantees transparency in the comparison process. - No Sponsored Listings: Unlike many comparison tools, LendMesh does not prioritize lenders based on paid promotions. The focus is solely on delivering unbiased results. - Real-Time Rate Comparisons: Users have access to up-to-date loan rates from multiple institutions, allowing them to make choices based on the most current information available. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This highlights how effective and user-friendly LendMesh is in simplifying the search for better loan options. 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