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

Introduction

Welcome to Raiz, your trusted partner in financial wellness, located at 1226 Golden Key Cir, El Paso, TX 79925. Established in 1936, we have proudly served our community for over 85 years, building lasting relationships with our 74,265 members. At Raiz, we believe that banking should be accessible and supportive, which is why we're committed to providing personalized services that cater to your unique needs. As part of our promise to you, we manage a robust portfolio with total assets exceeding $990 million, ensuring that your money is safe and working hard for you. With a total loan portfolio of 36,467 loans and leases, we are here to help you achieve your financial goals whether it's purchasing your first car or consolidating debt. Our total deposits stand at an impressive $79,280,223, showcasing the trust our members place in us. While members can visit us at our branch location, official correspondence should be sent to the same address: 1226 Golden Key Cir, El Paso, TX 79925-5810. For any inquiries or assistance, feel free to reach out at (915) 843-8328. Our dedicated team of 241 employees, led by CEO Max Villaronga and Board President Lillian Crouch, is here to support you every step of the way. We take pride in offering a wide range of services including personal banking options like checking and savings accounts, auto loans and vehicle financing, mortgage loans and refinancing, as well as credit cards with rewards. Additionally, our business banking solutions provide valuable merchant services and business loans tailored for local entrepreneurs. Join us today and experience the difference at Raiz. Visit our website at raiz.us or stop by during our lobby hours from 9:00 AM - 5:30 PM on weekdays and from 9:00 AM - 12:00 PM on Saturdays. We look forward to welcoming you into our community!

Branch History & Mission

At Raiz, we take pride in our rich history and commitment to serving the El Paso community. Founded in 1936, our branch has been a cornerstone for financial support and empowerment for over eight decades. Located at 1226 Golden Key Cir, El Paso, TX 79925, we are easily accessible and ready to serve our members with dedication and care. From our humble beginnings, Raiz has grown significantly, now boasting a membership of over 74,000 individuals. Our journey is marked by milestones that reflect not just growth in numbers but also an unwavering mission: to provide exceptional financial services while fostering community development. Our total assets have reached an impressive $990,017,143, allowing us to offer various products tailored to meet the diverse needs of our members. Our mission is clear: we aim to enhance the financial well-being of our members through personalized services and a strong commitment to community involvement. Whether it's offering competitive auto loans, mortgage refinancing options, or credit card rewards programs, we strive to make banking a positive experience for everyone who walks through our doors. While members can visit us at our branch address, official correspondence should be sent to 1226 Golden Key Cir, El Paso, TX 79925-5810. We understand that convenience matters; that's why we offer drive-thru banking for quick transactions and online banking options that allow you to manage your finances from anywhere. Additionally, while we currently do not have ATM availability on-site, our drive-thru service is ready to assist you during business hours. With operating hours designed for your convenience Monday through Friday from 9:00 AM to 5:30 PM and Saturday from 9:00 AM to 12:00 PM we ensure that banking fits into your busy life. Our team of dedicated professionals is here to help you with any financial questions or needs you may have. Raiz believes in giving back to the community that supports us. Through partnerships with local organizations and outreach efforts aimed at enhancing financial literacy and stability among residents, we work hard to make a difference beyond just providing financial services. Join us at Raiz today and discover how being part of our credit union can benefit you! Experience the strength of community-focused banking where your needs truly matter. Visit us or give us a call at 915-843-8328 to learn more about how we can support you on your financial journey.

Branch Location & Accessibility

Welcome to Raiz, your friendly credit union located at 1226 Golden Key Cir in beautiful El Paso, TX. Our branch is designed with your convenience in mind, making it easy for you to access our services. Whether you're stopping by for personal banking or need assistance with a loan, our team is here to help. Nestled in the heart of El Paso County, our branch is just a stone's throw from popular local landmarks, adding to its accessibility. We're proud to offer ample parking space for our members and ensure that our facilities are ADA compliant, making it easy for everyone to visit us. Our operating hours are tailored to fit your busy schedule. We welcome you Monday through Friday from 9:00 AM to 5:30 PM, and if you need drive-thru services on Saturday, we're open from 9:00 AM until noon. Feel free to call us at 915-843-8328 if you have any questions or need assistance before your visit. At Raiz, we aim to provide a range of services that cater to all your banking needs. From checking and savings accounts to auto loans and credit cards with rewards, we've got you covered. Plus, our drive-thru service ensures that even simple transactions can be handled quickly and conveniently. While members can visit us at 1226 Golden Key Cir El Paso Tx 79925, official correspondence should be sent to 1226 Golden Key Cir, El Paso, TX 79925-5810. We look forward to seeing you soon! Come visit us at Raiz and discover how we can support your financial journey today!

Member Eligibility

At Raiz, we believe that joining our community is a step toward a brighter financial future. Becoming a member is simple and welcoming! If you live, work, or worship in the El Paso area, you're likely eligible to join us. We embrace everyone who shares our values and is committed to supporting one another. For more specific details on eligibility criteria, feel free to explore our dedicated page at this link. Once you're ready to take the plunge, opening an account with us is just as straightforward. You can kick off your journey by visiting this page or giving us a call at 915-843-8328. We're excited to have you become part of the Raiz family at 1226 Golden Key Cir, El Paso, TX 79925!

Business Banking & Commercial Services

Financing Your Business Growth

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. - With an outstanding commercial loan portfolio of $61,509,327, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Work for You

Imagine being able to accept payments from customers easily, whether they are shopping in your store or online. Our merchant services provide exactly that helping you streamline transactions while focusing on what you do best: running your business. From point-of-sale systems to mobile payment solutions, we equip you with tools that enhance customer experience and drive sales. Located at 1226 Golden Key Cir El Paso Tx 79925 in El Paso, TX, we're here to support your business every step of the way. Let's grow together! For more information, call us at (915) 843-8328.

Comprehensive List Of Services

Business Banking Options

For those who run their own businesses, we have tailored Business Banking solutions. From essential Merchant Services to flexible Business Loans, we're dedicated to helping local entrepreneurs thrive and grow.

Credit Card Benefits

Don't forget about our Credit Cards with Rewards! These cards not only offer convenience but also reward you for every dollar spent. Imagine earning points toward travel or cash back just by using your card for everyday purchases.

Digital Banking Convenience

In today's busy world, having access to your finances anytime is crucial. That's why we offer robust Online & Mobile Banking features. You can check balances, transfer funds, and pay bills from the comfort of your home or on-the-go. Plus, with ATM & Cash Withdrawal Services, accessing your cash is quick and easy.

Drive-Thru Services

For those who prefer face-to-face interactions but might be short on time, our Basic Drive-Thru Banking allows for quick transactions like deposits and withdrawals without needing to leave your vehicle. At Raiz, we believe that banking should be accessible and hassle-free. Our friendly staff is always ready to assist you with any questions or concerns you may have about our services. Ready to take the next step in managing your finances? Give us a call at (915) 843-8328 or visit us at 1226 Golden Key Cir El Paso Tx 79925 today! Let's work together towards achieving your financial goals!

Flexible Personal Loans

Life can throw unexpected expenses your way, and that's where our Personal Loans & Debt Consolidation come in handy. Whether it's medical bills or consolidating existing debts, we provide straightforward solutions to help ease your financial burden.

Home Financing

If purchasing or refinancing a home is on your agenda, explore our Mortgage Loans & Refinancing options. Our knowledgeable team will guide you through the process, ensuring you find a loan that suits your budget and long-term plans.

Personal Banking Solutions

When it comes to managing your everyday finances, our Personal Banking options are here to help. You can choose from various Checking & Savings Accounts tailored to fit your lifestyle. Whether you need an account for daily transactions or a savings account for future goals, we've got you covered.

Vehicle Financing

Thinking about getting behind the wheel of a new car? Our Auto Loans & Vehicle Financing services make it easy to drive off with the vehicle you want. We offer competitive rates and flexible terms to help you get the financing you need without breaking the bank.

Digital & Online Banking

Additional Services

We also provide e-statements for easy access to your account information without the clutter of paper statements. Enjoy the benefits of going green while keeping track of your finances effortlessly. If you're looking to send money quickly to friends or family, our person-to-person transfer feature lets you do just that with ease. Want to make payments using your smartphone? Our mobile payments feature allows for quick transactions directly from your device. At Raiz, we're committed to making banking accessible and straightforward for all our members. Explore all these features today and take charge of your financial journey!

Key Features

You can access our online banking platform anytime by visiting https://raiz.us/ . Whether you want to check your account balance, transfer funds, or pay bills, our 24/7 online banking services ensure you have the control you need when you need it. Plus, with our mobile application, banking on the go is simple and effective. Security is a top priority for us. We offer electronic signature authorization, making it easy for you to sign documents securely from anywhere. Your privacy and peace of mind are paramount as you navigate through your transactions.

Financial Strength

Committed Team

We also take pride in having 230 full-time employees and 11 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team dedicated to your needs.

Growing Member Base

Total Share and Deposit Accounts: 122,090, 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, Raiz is your trusted partner. Visit us at 1226 Golden Key Cir El Paso Tx 79925 or call (915) 843-8328 to learn more about how we can help you achieve your financial goals.

Lending Capacity

We understand the importance of supporting your financial goals. With $14,629 in used auto loans and $800,634,602 in total loans and leases, our lending capacity is robust enough to assist you across various sectors. Furthermore, our $2,533,509 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members.

Member-Centric Focus

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.

Reinvestment for Your Benefit

With $104,675,136 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to improving your banking experience is evident in every decision we make.

Secure Savings Opportunities

Members' savings are secured through $182,673,198 in share certificates, offering stable and rewarding financial growth opportunities. Although we currently do not have money market shares, our focus remains on providing safe investment options for all our members.

Strong Capital Foundation

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 financing options for both new and used vehicles, ensuring that you can find a plan that works for you. If you're considering refinancing your current auto loan, we can assist with that as well.

Commercial Loans

For business owners in need of capital to grow and expand their ventures, our outstanding commercial loans totaling $61,509,327 provide essential funding solutions tailored for various business needs. At Raiz, we're committed to providing comprehensive support throughout your borrowing journey. To learn more about our loan products or eligibility requirements, feel free to contact us at 915-843-8328 or visit us at 1226 Golden Key Cir El Paso Tx 79925. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Explore how our loan offerings can help you today!

Credit Lines and Personal Loans

For those looking to manage everyday expenses or consolidate debt, we offer flexible terms on unsecured credit card loans. With a total of $13,577,320 in unsecured credit card loans helping members manage their finances effectively, our products are designed to give you peace of mind. Additionally, our credit lines totaling $181,229,600 offer you the flexibility to access funds when needed without the hassle of traditional borrowing.

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 aim to help you navigate the home buying process with ease and clarity.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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RAIZ FEDERAL CREDIT UNION