Rave Financial Credit Union Woodville TX | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Rave Financial, your trusted financial partner located at 430 S Magnolia St, Woodville, TX 75979. Established in 1935, our credit union has been dedicated to serving the community for nearly nine decades. With a strong commitment to helping our 80,568 members, we aim to provide personalized financial solutions that meet your unique needs. At Rave Financial, we understand that every member's financial journey is different. That's why we offer a range of services including checking and savings accounts, auto loans, mortgage financing, personal loans, and business banking options. Our total assets amount to a remarkable $1,078,053,612, with total deposits reaching $57,517,251. This stability allows us to support our members effectively and responsibly. While you can visit us directly at our Woodville branch for all your banking needs, please note that official correspondence should be directed to our mailing address: P.O. Box 12849, Beaumont, TX 77726. Under the leadership of our CEO, John Doucet, and Board President, Gary Waldrop, we are proud to have a team of 309 employees ready to assist you with expert advice and friendly service. With a solid net worth of $148,408,894 and cash reserves totaling $32,976,867, we prioritize your financial security above all else. Whether you're looking for guidance on loans having facilitated over 51,987 loans and leases or simply want to explore our online banking services at bankwithrave.com, we're here to help you navigate every step of your financial path. Don't hesitate to reach out! Call us at 409-892-1111 or stop by today; we look forward to assisting you in achieving your financial goals with confidence and care.

Branch History & Mission

Community Connections

Our location in Woodville allows us to remain closely connected with our members and the surrounding area. While you can visit us at 430 S Magnolia St for all your banking needs, official correspondence should be directed to P.O. Box 12849, Beaumont, TX 77726 if necessary. We are here for you during convenient hours: Monday through Thursday from 9 AM to 5:30 PM; Fridays until 6 PM; and Saturdays from 8:30 AM until noon. Rave Financial isn't just about transactions; it's about building relationships. With features like drive-thru banking for quick service and shared service center access for additional convenience, we strive to make your experience smooth and enjoyable.

Join Us Today!

As we look forward to the future, we invite you to join the Rave Financial family. Experience firsthand the benefits of being part of a credit union that truly cares about its members and community. Whether you're looking for a new checking account or considering a loan, we're here for you every step of the way. Give us a call at (409) 892-1111 or visit us online at Rave Financial to learn more about how we can help you achieve your financial goals!

Mission Statement

At Rave Financial, our mission is clear: to empower individuals and families with the financial tools they need to thrive. We believe in supporting not just our members' financial aspirations but also contributing to the overall well-being of our community. By partnering with local organizations and participating in outreach efforts, we aim to create a positive impact that extends beyond traditional banking.

Our Evolution

From our humble beginnings, Rave Financial has continuously evolved to meet the needs of our members. We started as a small credit union focused on providing basic banking services. As we grew, so did our offerings. Today, we provide a wide range of services including personal banking accounts, auto loans, mortgage financing, and even business banking solutions. Our commitment to innovation is evident in our embrace of digital advancements such as online and mobile banking options that make managing finances easier than ever.

Branch Location & Accessibility

Welcome to Rave Financial, located conveniently at 430 S Magnolia St in Woodville, TX. Our branch is easy to find and perfectly situated for residents and visitors alike. You can enjoy the friendly services we offer while taking in the charm of our surrounding community, just a stone's throw from local favorites like the Woodville Historical Museum. While members can visit us at 430 S Magnolia St, official correspondence should be sent to P.O. Box 12849, Beaumont, TX 77726. We want to make your experience as smooth as possible, which is why our branch features ADA-compliant accessibility options and ample parking to accommodate everyone. Our operating hours are designed with your convenience in mind. The lobby is open Monday through Thursday from 9:00 AM to 5:30 PM, and on Fridays until 6:00 PM. If you need to swing by on Saturday, we're here from 8:30 AM until noon! Plus, our drive-thru banking service allows for quick and efficient transactions without needing to leave your vehicle. At Rave Financial, we pride ourselves on providing a wide range of services tailored to meet your needs from personal banking solutions like checking and savings accounts to auto loans and credit cards with rewards. Need access to cash? We've got you covered with ATM availability right here at the branch. Whether you're looking to open a new account or simply ask a question about our offerings, don't hesitate to give us a call at 409-892-1111. We're eager to help you achieve your financial goals! Come visit us today!

Member Eligibility

At Rave Financial, we believe that everyone deserves a chance to be part of a supportive community where their financial goals can flourish. Joining our credit union is easy and welcoming! If you live, work, or worship in Tyler County or if you have a family member who is already a member, you're eligible to join us. We cater to individuals who seek personal banking solutions tailored to their needs, whether you're looking for savings accounts, loans, or credit cards with rewards. Our members enjoy not just financial services but also the support of a community that values your success. To become a member at Rave Financial, simply visit us at 430 S Magnolia St, Woodville, TX 75979. You can find more detailed information about eligibility criteria by visiting our website at . When you're ready to open an account, the process is straightforward! Just head over to our account opening page at https://app.consumer.meridianlink.com/apply.aspx?lenderref=ravefinancialcu81417&list=xaccvlplst or give us a call at (409) 892-1111 for any questions you may have. We can't wait to welcome you into our 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 $156 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $9 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $48,641,921, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, our merchant services empower your business to thrive. Imagine having easy access to payment processing tools that allow you to accept credit cards and digital payments effortlessly. This means faster transactions and happier customers, which ultimately leads to increased sales. Whether you're a café owner or run a retail store in Woodville, TX, our tailored services can help streamline your operations. Reach out to us at 430 S Magnolia St Woodville Tx 75979 or call us at (409) 892-1111 to explore how we can help your business flourish!

Comprehensive List Of Services

Business Banking Services

For small business owners, we offer specialized services to help you thrive. Our business banking options, including merchant services and business loans, are designed to support the growth of your enterprise. You can easily manage transactions online through our robust digital banking platform.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why at Rave Financial, we pride ourselves on offering top-notch online and mobile banking solutions. With just a few taps on your smartphone or clicks on your computer, you can check balances, transfer funds, and even pay bills from anywhere. Plus, with our ATM services available 24/7 for cash withdrawals and balance checks, you'll never be far from your money.

Drive-Thru and Shared Branch Services

Sometimes, a simple visit is all it takes to get things done. Our drive-thru service allows for quick deposits and withdrawals without leaving your car perfect for those busy days! Additionally, if you're part of another credit union that's part of our shared branch network, we can facilitate basic transactions like deposits and withdrawals right here at our branch. At Rave Financial, we're not just about banking; we're about building relationships with our members. If you're ready to experience personalized financial services that truly cater to your needs, give us a call at (409) 892-1111 or visit us at 430 S Magnolia St Woodville Tx 75979 in Woodville, TX. Let us help you navigate your financial journey today!

Personal Banking Solutions

When it comes to personal banking, we offer a variety of choices tailored just for you. Our checking and savings accounts provide flexible options for everyday banking. Imagine having easy access to your funds while earning interest on your savings it's a win-win! For those considering a new vehicle, our auto loans and vehicle financing can make that dream car a reality. We also provide mortgage loans and refinancing options, helping you secure the perfect home or reduce your monthly payments. If you're facing unexpected expenses, our personal loans and debt consolidation services can assist you in managing your finances more effectively. Plus, don't forget about our credit cards with rewards, which let you earn points while making everyday purchases.

Digital & Online Banking

Key Features

Our online banking services provide real-time account management, allowing you to monitor your transactions and stay on top of your finances effortlessly. Plus, if you prefer going paperless, we offer e-statements for easy access to your financial records without the clutter. For those who enjoy using their smartphones, our mobile application brings the bank right to your fingertips. You can even make mobile payments, ensuring that you can shop or pay friends with just a few taps. If you need to send money quickly, our person-to-person transfer feature allows you to easily send funds to anyone in your contacts.

Security and Accessibility

Your security is a top priority at Rave Financial. While we currently do not offer electronic signature authorization, rest assured that our systems are equipped with robust security measures to protect your information. Enjoy peace of mind knowing that accessing your accounts is both safe and user-friendly. Whether you're at home or on the go, our digital banking options are here to support you every step of the way. Explore all that our online banking services have to offer today!

Financial Strength

Growing Membership Trust

The trust of our members is evident with a total of 152,604 share accounts, showing a strong and growing member base that trusts us with their finances. Additionally, net shares available for lending stand at $2,999,711, further illustrating our capacity to support your needs. Our 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 430 S Magnolia St Woodville Tx 75979 or call (409) 892-1111 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

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.

Operational Efficiency

Our operations reflect our commitment to efficiency as demonstrated by our $0. This enables us to continue offering competitive loan rates and solid financial products for our members. 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, committed team.

Reinvestment for Growth

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 is significant; with $9,284 in used auto loans and $820,026,027 in total loans and leases, we support our members' financial goals across various sectors.

Solid Financial Health

With a net worth of $148,408,894, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,372 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 $220,768,006 in used vehicle loans and $198,892,440 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates to make your car-buying experience smooth and straightforward.

Business Financing

For business owners, our outstanding commercial loans totaling $48,641,921 provide the capital needed to grow and expand. We understand the challenges faced by small businesses and are committed to offering tailored financing solutions that work for you. If you're interested in any of these loan products or want to explore refinancing options or eligibility requirements further, please don't hesitate to reach out. You can contact us at (409) 892-1111 for more information. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Rave Financial, we're dedicated to providing our members with reliable financial solutions that empower them to achieve their goals.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $13,166,896, make buying or refinancing simple. Whether you're looking for a first-time home loan or considering refinancing an existing mortgage, our team is here to guide you through every step of the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $38,620,795 in loans helping members manage their finances effectively. Our credit cards come with various benefits that help you earn rewards while keeping your spending manageable.

Loan Aggregator

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Rave Financial