Red River Employees Credit Union Clarksdale MS | Top Auto Loans & Business Banking

Introduction

At Red River Employees, we believe in building a brighter financial future for our members right here in Clarksdale, MS. Established in 1943, our commitment to the community has only grown stronger over the years. Today, we proudly serve 121,775 members and manage total assets of over $1.466 billion. Whether you're looking to secure an auto loan or open a new savings account, we have the tools and expertise to help you reach your financial goals. Located at 220 1st St, Clarksdale, MS 38614, our branch is more than just a place to bank; it's a community hub where everyone is welcome. For any official correspondence, please use our mailing address: PO Box 5909, Texarkana, TX 75505-5909. Our dedicated team of 380 employees, led by CEO Bradley Bailey and Board President Fred Milton, is here to provide you with personalized service. With total deposits amounting to $119,851,375 and a net worth of $192,945,609, we're not just financially sound; we're also deeply invested in the well-being of our members. We offer a wide range of services tailored to meet your needs from personal banking and auto loans to business loans and online banking solutions. With an impressive track record of managing over 67,600 loans and leases, we strive to ensure that every member feels supported on their financial journey. For questions or assistance, don't hesitate to reach out at (903) 735-3000 during our operating hours from Monday through Friday. We invite you to visit us today or explore more about our offerings online at http://www.rrcu.com. Join us at Red River Employees where your financial success is our priority!

Branch History & Mission

At Red River Employees, we take pride in our rich legacy that has been nurturing the financial well-being of our community since we first opened our doors in 1943. Located at 220 1St St, Clarksdale, MS 38614, our branch has grown from humble beginnings to become a trusted financial partner for over 121,000 members. With total assets reaching an impressive $1,466,511,223, we are committed to providing exceptional service and support to our valued members. Our mission is simple yet powerful: to empower our members through accessible financial services while fostering a spirit of community support. We believe that banking should be more than just transactions; it should be about building relationships and enhancing lives. Whether it's helping you secure an auto loan, open a savings account, or offering guidance on mortgage refinancing, we are here to serve you every step of the way. Since our inception, we've focused on the needs of our members and have continuously adapted to meet those needs. Our commitment to excellence has led us to embrace modern technology while ensuring compliance with ADA standards. We offer online banking, mobile payments, and e-statements for your convenience. Even without ATM availability and drive-thru services at this location, we're dedicated to making your banking experience as smooth as possible. While members can visit us at 220 1St St Clarksdale Ms 38614, official correspondence should be sent to PO Box 5909, Texarkana, TX 75505-5909. Our operating hours are designed with your schedule in mind: Monday through Friday from 9:00 AM to 5:00 PM for lobby services and Thursday to Saturday from 8:00 AM for drive-thru services. We understand that being part of a community means giving back. Through various outreach efforts and partnerships with local organizations, we strive to make a positive impact in Clarksdale and beyond. Our goal is not only to support our members financially but also to contribute to the growth and development of our community. Join us at Red River Employees and experience the difference of a member-focused credit union. With a dedicated team ready to assist you and a range of personalized services tailored just for you, we invite you to become part of our family today! For inquiries or assistance, feel free to contact us at (903) 735-3000. Together, let's achieve your financial goals!

Branch Location & Accessibility

Accessibility Features

At Red River Employees, we prioritize accessibility for everyone. Our branch complies with ADA standards, featuring ramps and wide entrances so that all members can navigate comfortably.

Get in Touch!

If you have questions or need assistance, feel free to call us at 903-735-3000. We invite you to visit us soon at Red River Employees! Your financial well-being is our priority.

Nearby Landmarks

Situated in the heart of Clarksdale, our branch is near notable spots like the historic Delta Blues Museum and the vibrant downtown area. You'll find ample parking right outside, making it simple to pop in for assistance with your banking or loans.

Operating Hours

We know how important it is to fit banking into your busy schedule. Our lobby is open Monday through Friday from 9:00 AM to 5:00 PM. If you prefer using the drive-thru, it's available Monday through Thursday from 8:00 AM to 5:00 PM and Saturday from 8:00 AM to 1:00 PM.

Services Offered

Our team is dedicated to offering personalized service whether you need help with checking accounts, savings plans, auto loans, or mortgages. We also provide credit cards with rewards and business banking services tailored for local entrepreneurs. While we currently do not have ATM availability at this location or drive-thru services, our staff is always ready to assist you inside the branch.

Member Eligibility

Becoming a member of Red River Employees is more than just opening an account; it's about joining a friendly community that truly cares for your financial well-being. If you're wondering whether you qualify, let me share that eligibility is open to anyone who lives, works, worships, or attends school in the Clarksdale area. This means that if you're part of our vibrant community, you can take advantage of the personalized services and benefits we offer. Joining us not only grants you access to great financial products but also connects you with a supportive network dedicated to helping you succeed. Getting started is simple! You can find all the details about eligibility on our website at http://www.rrcu.com/itin-membership. And when you're ready to become a member, just visit us at https://secure.rrcu.com/rrcu/sdk/autoenrollmente2e to open your account online or give us a call at (903) 735-3000 for assistance. We're located at 220 1St St Clarksdale Ms 38614, and we're excited to welcome you into the Red River Employees family!

Business Banking & Commercial Services

Lending Options Tailored for You

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $281 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $29 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $115,305,437, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services Made Easy

Imagine having a payment processing solution that not only keeps your cash flow steady but also enhances customer satisfaction. Our merchant services can help you accept payments seamlessly, allowing you to focus on what matters most growing your business. With easy integration into your existing systems, you can manage transactions without a hitch. At Red River Employees, located at 220 1St St Clarksdale Ms 38614 in Clarksdale, MS, we are dedicated to offering personalized service that fits the unique needs of local businesses. Let us help you thrive in today's competitive landscape! For more information, call us at (903) 735-3000 or visit our website at http://www.rrcu.com.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

While we currently do not have ATMs or drive-thru services at our branch, we ensure easy access to cash withdrawal services through our network. You'll find it simple to get cash when needed. At Red River Employees in Clarksdale, MS, we're committed to making banking easier and more accessible for everyone in our community. If you have questions about our services or want personalized assistance, please don't hesitate to call us at 903-735-3000 or visit us during our operating hours: Monday through Friday from 9:00 AM to 5:00 PM. Explore how we can assist you today! Visit us online at www.rrcu.com for more information or stop by our branch we look forward to serving you!

Auto Loans & Vehicle Financing

Looking to purchase a new car? Our auto loans and vehicle financing options make it easy for you to drive off in your dream vehicle. With competitive rates and flexible terms, we ensure that financing is not just accessible but also manageable.

Business Banking Services

For entrepreneurs and business owners, we offer comprehensive business banking services, including merchant services and business loans. We understand how critical cash flow is to running your business, which is why we're here to help you thrive.

Convenient Online & Mobile Banking

In today's fast-paced world, convenience matters. Our online and mobile banking platforms allow you to manage your accounts from anywhere at any time. Pay bills, transfer money, and check balances all at your fingertips without needing to visit the branch.

Credit Cards with Rewards

Our credit cards come with rewards that make every purchase more rewarding. Enjoy benefits like cashback and points that you can redeem for exciting offers perfect for those who love to shop!

Mortgage Loans & Refinancing

For those looking to buy a home or refinance an existing mortgage, our mortgage loans are designed with your needs in mind. We guide you through the process, making it straightforward so you can focus on finding the perfect home.

Personal Banking Solutions

We understand that managing your day-to-day finances can sometimes be challenging. That's why we offer various personal banking options including checking and savings accounts that fit your lifestyle. Whether you're saving for a vacation or just need a place for your paycheck, we've got you covered.

Personal Loans & Debt Consolidation

If you're facing unexpected expenses or want to consolidate debt, our personal loans can provide the relief you need. We work with you to create a repayment plan that fits your budget, helping ease financial stress.

Digital & Online Banking

Instant Transactions

Need to send money to a friend? Our person-to-person transfer feature lets you do just that instantly. Just think of it as passing cash, but through your phone! Also, if you're ready to embrace modern payment methods, you'll love our mobile payments feature paying for groceries or dining out is quick and secure. At Red River Employees, we prioritize both convenience and security. Our user-friendly platform ensures that all your transactions are protected while giving you real-time access to your financial information. Explore all the digital banking options available to you at Red River Employees today by visiting http://www.rrcu.com. Your finances should work for you not the other way around!

Key Features

Our online banking platform allows you to keep track of your account balances, transfer funds, and pay bills with just a few clicks. Plus, enjoy the peace of mind that comes with our electronic signature authorization, making it simple to sign documents securely without the hassle of paper forms. If you prefer going paperless, you can opt for e-statements. With this feature, you'll receive your statements directly in your inbox no more waiting for the mail! And for those on the go, our mobile application makes banking even more accessible. Whether you're out shopping or relaxing at home, managing your money has never been easier.

Financial Strength

Commitment to Growth

With $181,550,070 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 your financial goals with $13,861 in used auto loans and $1,081,217,124 in total loans and leases across various sectors. Our operational efficiency is reflected in our $7,860,479, which enables us to continue offering competitive loan rates and solid financial products for our members.

Dedicated Team

We also take pride in having 363 full-time employees and 17 part-time employees. This dedicated team ensures that our branches are always ready to serve you with knowledgeable support. In summary, our net shares (funds available for lending and investments) stand at $4,077,091, while we boast a robust member base with a total of 235,128 accounts. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Red River Employees is your trusted partner. Visit us at 220 1St St Clarksdale Ms 38614 or call (903) 735-3000 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $425,536,413 in share certificates and $144,759,182 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $192,945,609, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation supports our ability to meet the needs of our members now and in the future. Our net worth ratio of $1,316 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 $284,430,332 in used vehicle loans and $171,320,328 in new vehicle loans already helping members get on the road. Our financing is straightforward and designed with you in mind. We also provide refinancing options if you're interested in lowering your current auto loan payments.

Credit Lines and Unsecured Loans

For those who prefer flexibility in their borrowing options, we offer credit lines totaling $663,494,846. This allows you to access funds as needed without having to take out multiple loans. Additionally, our unsecured credit card loans total $17,181,595, providing members with an easy way to manage expenses while building credit effectively.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $12,307,554, make buying or refinancing simple. Our team will guide you through each step of the process to ensure you find a mortgage solution that fits your budget and lifestyle.

Supporting Your Business

For business owners, our outstanding commercial loans totaling $115,305,437 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to improve your existing operations, our commercial loan options are tailored to meet your business needs. At Red River Employees Credit Union, we believe in making banking personal and accessible. Explore our loan products today and see how we can help you achieve your financial dreams! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Loan Aggregator

Benefits of Using LendMesh

LendMesh stands out in several key areas: - Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions quickly. Thousands of users trust LendMesh for loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Testimonials like this highlight how LendMesh empowers consumers to secure better financing options. To explore your options and find the best rates tailored to your needs, compare real-time loan offers today at LendMesh. 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.

How LendMesh Ensures Accurate 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 you can trust that the offers presented are fair and transparent. Each lender featured has been vetted to ensure they meet rigorous standards for accuracy and reliability.