Red River Employees Credit Union Wake Village TX | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Red River Employees, your trusted financial partner in Wake Village, Texas. Located at 4714 W 7Th St, we have been dedicated to serving our community since our establishment in 1943. With a strong commitment to member satisfaction, we proudly support over 121,775 members, helping them achieve their financial goals. At Red River Employees, we manage a robust portfolio with total assets amounting to $1,466,511,223. This solid foundation allows us to offer a variety of services tailored to your needs, including personal banking solutions like checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. Our total deposits stand at $119,851,375, reflecting the trust our members place in us. We are led by our CEO, Bradley Bailey, and Board President, Fred Milton, who are both committed to enhancing your banking experience. Our team of 380 employees is here to assist you with personalized service and expert guidance. Whether you're looking for loan options or need assistance with online banking, we're just a phone call away at 903-793-7681. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address: PO Box 5909, Texarkana, TX 75501. Join us today and discover how Red River Employees can make a positive impact on your financial journey! Visit our website at www.rrcu.com or stop by for a chat we're excited to help you thrive!

Branch History & Mission

Welcome to the heart of Wake Village, where the legacy of Red River Employees Credit Union (RRECU) thrives. Established in 1943, our branch has been a pillar of support for the community for over 80 years. Located at 4714 W 7th St, just a stone's throw away from local schools and parks, we are proud to serve a growing membership base of 121,775 individuals. Throughout the years, RRECU has evolved significantly, adapting to meet the needs of our members while maintaining our core mission: to provide accessible financial services and foster community growth. With total assets now exceeding $1.466 billion, we have built a strong foundation that allows us to offer a wide range of products and services tailored to our members' needs. From personal banking solutions to auto loans and business financing, we strive to empower our members in their financial journeys. At the core of our mission is a commitment to community well-being. We believe that financial success goes hand-in-hand with community support. Our partnerships with local organizations and outreach initiatives reflect our dedication to making a positive impact right here in Wake Village and beyond. Our branch operates Monday through Friday from 9:00 AM to 5:00 PM, with extended drive-thru hours on Saturdays from 7:30 AM to 1:00 PM. For those who prefer digital banking, we offer various online services including mobile payments and online banking, ensuring that our members can access their accounts anytime, anywhere. While you can visit us at 4714 W 7th St, all official correspondence should be directed to our mailing address at PO Box 5909, Texarkana, TX 75501. We invite you to join our credit union family and experience firsthand the benefits of being part of an institution that prioritizes your financial health and community growth. Whether you're looking for your first checking account or seeking advice on financing your dream home, RRECU is here for you every step of the way. Call us today at 903-793-7681 or explore more about our offerings at www.rrcu.com. Together, let's build a brighter future!

Branch Location & Accessibility

Connect With Us

If you have questions or need assistance, don't hesitate to reach out! You can give us a call at 903-793-7681. Our dedicated staff at Red River Employees is eager to assist you with all your financial needs. Come see us today; we look forward to welcoming you into our community!

Nearby Landmarks and Accessibility

Finding us is simple! Whether you're coming from downtown Wake Village or nearby Texarkana, you'll appreciate our central location. We offer ample parking for members visiting our branch, ensuring that you can stop by without any hassle. Plus, our facility is designed with accessibility in mind, featuring ADA-compliant ramps for those who need them.

Operating Hours and Services

Our doors are open Monday through Friday from 9:00 AM to 5:00 PM, and on Saturdays, the drive-thru service is available from 7:30 AM to 1:00 PM. Whether you need assistance with personal banking services like checking and savings accounts or are interested in auto loans and mortgages, our team is ready to help. We also provide ATM access for quick cash withdrawals and balance checks. If you're in a hurry, take advantage of our drive-thru banking for simple transactions such as deposits and withdrawals it's designed to make your banking experience smoother. While members can visit us at our physical location for all their banking needs, official correspondence should be sent to PO Box 5909 in Texarkana if it differs from your visit.

Member Eligibility

Joining the Red River Employees community is more than just opening an account it's about becoming part of a supportive network dedicated to helping you thrive. To become a member of our friendly branch, located at 4714 W 7Th St, Wake Village, TX 75501, you'll find that eligibility is designed to be accessible and welcoming. Generally, membership is open to employees of certain organizations and their families, as well as individuals who live or work in the surrounding areas. For a complete overview of who can join, feel free to check out our detailed eligibility criteria at http://www.rrcu.com/itin-membership . Opening your account with us is straightforward! Just visit our website and follow the steps outlined at https://secure.rrcu.com/rrcu/sdk/autoenrollmente2e . If you have any questions along the way, don't hesitate to give us a call at 903-793-7681. At Red River Employees, we're here to make your banking experience personal and enjoyable.

Business Banking & Commercial Services

Commercial Loans

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

In today's fast-paced market, having reliable payment processing can set your business apart. Our merchant services simplify transactions, allowing you to focus on what you do best running your business. Imagine a customer walks into your store and seamlessly pays with their card, while you effortlessly track sales and manage inventory all in one place. That's the kind of support we provide at Red River Employees. Located at 4714 W 7Th St Wake Village Tx 75501 in Wake Village, TX, we're here to help you thrive. Reach out to us at (903) 793-7681 to learn more about how our business banking and commercial services can meet your needs!

Comprehensive List Of Services

Additional Services

We also provide basic drive-thru banking for quick transactions like deposits and withdrawals without leaving your vehicle. This service is perfect for those busy days when time is tight! At Red River Employees, we strive to make banking as convenient as possible. Whether it's through our modern digital features or personalized in-branch support, we're here for you every step of the way. For more information about how we can assist you with your financial needs or if you have any questions about specific services, please don't hesitate to reach out! You can call us at (903) 793-7681, visit us in person at 4714 W 7Th St Wake Village Tx 75501, or explore more on our website at http://www.rrcu.com . Let us be your partner in achieving financial success!

Business Banking Services

For entrepreneurs and small business owners, we understand that managing finances can be challenging. That's why we offer specialized business banking services, including merchant services that simplify payment processing and business loans that can help fund your next big project.

Convenient Digital Banking

In today's fast-paced world, having access to your bank anytime and anywhere is essential. With our online and mobile banking, you can check balances, transfer funds, pay bills, and more all from the comfort of your home or on the go. Plus, our ATM services allow for cash withdrawals and balance checks whenever needed.

Personal Banking Solutions

Managing your personal finances is easier with our comprehensive banking solutions. We offer checking and savings accounts designed to help you save for the future while giving you easy access to your funds. If you're planning to buy a new car, our auto loans and vehicle financing options make it simple to get behind the wheel. For those considering homeownership or refinancing, our mortgage loans provide flexible terms tailored to your situation. If unexpected expenses arise or you're looking to consolidate debt, our personal loans are here to help. And don't forget about our credit cards with rewards, which not only offer spending power but also give back for every purchase you make.

Digital & Online Banking

Always Available

With our commitment to accessibility, you'll find that our online banking services are available 24/7. This means you can manage your finances whenever it suits you best day or night. We prioritize security in every aspect of our digital banking services, so you can feel confident knowing your information is protected. At Red River Employees, we're dedicated to making banking not just easier but also safer for all our members. Explore all these fantastic digital options today at http://www.rrcu.com and take control of your financial journey!

Key Services

With our online banking services, you can check balances, make transfers, and pay bills without needing to visit a branch. Our user-friendly interface makes it simple to navigate through your financial tasks. Plus, with features like e-statements, you can receive your account statements electronically, reducing clutter while keeping everything secure and organized. For those who prefer using their mobile devices, our mobile application is available for download, allowing you to manage your money right from your phone. You can even use mobile payments to make purchases quickly and securely with just a tap. Need to send money to a friend? Our person-to-person transfer feature lets you do that effortlessly. And for added convenience, you can complete transactions using electronic signature authorization, making it easier than ever to sign documents digitally.

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 members' financial goals across various sectors with $13,861 in used auto loans and $1,081,217,124 in total loans and leases.

Growing Membership Base

With total share accounts reaching 235,128, it's clear that more members trust us with their finances every day. This growing membership base further strengthens our ability to provide you with valuable services tailored to your needs. 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 4714 W 7Th St Wake Village Tx 75501 or call (903) 793-7681 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.

Operational Efficiency

Our operational efficiency is evident with a net income of $7,860,479, allowing us to offer competitive loan rates and solid financial products for our members. We also take pride in having 363 full-time employees and 17 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

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. 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. Whether you're interested in financing a brand-new vehicle or a reliable used one, we have options designed to fit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $115,305,437 provide the capital needed to grow and expand. We understand how important it is for businesses to have access to funds when opportunities arise.

Credit Lines

Need extra flexibility? Our total credit lines amounting to $663,494,846 are available for those who want easy access to funds without the hassle of applying for a loan each time. We encourage you to explore refinancing options if you already have existing loans. Our team is ready to assist you with eligibility assessments and help find solutions that work best for your financial situation. If you would like more information or need assistance in choosing the right loan product for your needs, please do not hesitate to reach out at (903) 793-7681 or visit us at 4714 W 7Th St Wake Village Tx 75501 in Wake Village, TX. Your journey toward better financial health starts here! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

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. We aim to guide you through every step of the process so that you feel confident in your decision.

Unsecured Credit Cards

Managing day-to-day expenses can sometimes be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $17,181,595 in loans helping members manage their finances effectively. Enjoy competitive rates and rewards that can help stretch your purchasing power further.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a focus on transparency and reliability, LendMesh aims to empower users with the information they need to make informed financial decisions. LendMesh ensures accurate loan comparisons by sourcing data 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 commitment to using verified sources guarantees that users receive fair and transparent offers, free from misleading information. One of the key benefits of LendMesh is its use of Verified Data. All loan offers are sourced from legitimate financial institutions, which fosters trust among users. Additionally, LendMesh prides itself on having No Sponsored Listings; it does not prioritize lenders based on paid promotions. This approach guarantees that every user receives unbiased results tailored to their needs. The platform provides Real-Time Rate Comparisons, offering up-to-date loan rates from multiple institutions. This feature allows users to compare options easily and find the best deals available in the market today. 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!" Testimonials like this highlight the effectiveness and reliability of the service. 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.

RED RIVER EMPLOYEES FEDERAL CREDIT UNION - Wake Village, TX

Type of Loan Offerings

Personal Loans