RAVE FINANCIAL CREDIT UNION - Nederland, TX

Welcome to Rave Financial, your trusted partner in achieving financial well-being since 1935. Conveniently located at 1131 S Memorial Fwy, Nederland, TX 77627, our Mid-county Branch is dedicated to serving over 80,568 members with a commitment to personalized service and community engagement. At Rave Financial, we believe in building lasting relationships with our members. With total assets exceeding $1 billion and deposits amounting to $57,517,251, we take pride in our solid financial foundation. Our current net worth stands at an impressive $148,408,894, ensuring that your savings are secure with us. Our leadership team, headed by CEO John Doucet and Board President Gary Waldrop, is passionate about providing you with the best financial products and services tailored to your needs. We offer a range of options including checking and savings accounts, auto loans, mortgage solutions, personal loans, and business banking services. While members can visit us at our branch location for all your banking needs, official correspondence should be directed to our mailing address: PO Box 12849, Beaumont, TX 77726. With a team of 309 employees ready to assist you and various convenient services like online banking and ATMs available for easy access, Rave Financial is here to support you every step of the way. Join us today or reach out by calling 409-892-1111 to discover how we can help you achieve your financial goals! Visit our website at bankwithrave.com for more information.

Welcome to Rave Financial, a cornerstone of financial well-being in Nederland, TX. Since our establishment in 1935, we have proudly served our community and watched as our membership has grown to an impressive total of 80,568 members. Our journey reflects a commitment to providing personalized financial services while nurturing the values that bring us together as a community. Located at 1131 S Memorial Fwy, Nederland, TX 77627, we are easy to find near local landmarks that showcase the heart of our town. While you can visit us at this address for all your banking needs, official correspondence should be sent to our mailing address: PO Box 12849, Beaumont, TX 77726. Rave Financial's mission is simple yet powerful: to enhance the quality of life for our members through exceptional financial services and dedicated community support. We believe that banking should be accessible and beneficial for everyone. Our offerings include personal banking products like checking and savings accounts, auto loans, mortgage refinancing, credit cards with rewards, and business banking solutions. We also embrace modern technology with online and mobile banking options to ensure your financial needs are met anytime and anywhere. Over the years, we've made significant strides in expanding our services while staying true to our roots. With total assets exceeding $1 billion, we continue to grow stronger each year. Our commitment extends beyond numbers; we actively engage in partnerships and outreach programs aimed at uplifting those around us. Our operating hours are designed with your convenience in mind. Join us during lobby hours from Monday to Thursday from 9:00 AM - 5:30 PM, Friday from 9:00 AM - 6:00 PM, and Saturday from 8:30 AM until noon. If you prefer drive-thru services, we're here for you Monday through Friday from 8:00 AM - 5:30 PM and Saturday mornings as well. At Rave Financial, we don't just focus on transactions; we build relationships. Whether you're stopping by for a quick deposit or discussing long-term financial goals with one of our dedicated staff members, we want you to feel valued and supported every step of the way. So why wait? Experience the benefits of membership at Rave Financial today! Visit us at our branch or explore more about what we offer online at Rave Financial. Your journey towards better financial health begins here!

Joining the Rave Financial community is a wonderful opportunity to access a variety of financial services tailored just for you. At our branch located at 1131 S Memorial Fwy, Nederland, TX 77627, we welcome anyone who lives, works, worships, or attends school in our service area. Becoming a member is simple and inclusive; it's all about connecting with people like you who are looking for better financial solutions. You can enjoy numerous advantages such as competitive rates on loans and savings accounts, personalized service, and a commitment to your financial well-being. If you're ready to take the next step, opening an account is easy! Just visit us or check out our online application at this link. If you have any questions or need assistance, feel free to call us at 409-892-1111. For more details about eligibility criteria and membership benefits, you can also visit our website at Rave Financial. We can't wait to welcome you into our family!

At Rave Financial, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that in today's world, having a reliable financial partner is crucial, and our commitment to your peace of mind is reflected in our strong financial position. With a net worth of $148,408,894, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1372 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $221,400,982 in share certificates and $138,833,044 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $9,695,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $144,028,118 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 members' financial goals across various sectors with $9,284 in used auto loans and an impressive total of $820,026,027 in loans and leases. Our operational efficiency is evident as well; while our net income stands at $0 for this reporting period due to strategic investments back into the credit union for member benefits, it reflects our commitment to long-term growth rather than short-term gains. We also take pride in having 305 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. The trust of our members is vital to us; currently managing 152,604 total share accounts showcases a strong and growing member base that trusts us with their finances. As for net shares available for lending and investments? They amount to an encouraging $2,999,711. At Rave Financial located at 1131 S Memorial Fwy Nederland TX 77627, your financial strength means we can continue serving you with confidence. Whether you're saving, borrowing or planning for the future, Rave Financial is your trusted partner. Visit us at our branch or call us at 409-892-1111 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.