Rio Grande Credit Union Albuquerque NM | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Rio Grande, your trusted partner in financial well-being located at 301 Rio Bravo Blvd SE, Albuquerque, NM 87105. Since our establishment in 1952, we have proudly served our community with a commitment to helping you achieve your financial goals. With over 48,671 members and assets totaling an impressive $663,365,420, we strive to offer personalized banking solutions that fit your unique needs. At Rio Grande, we understand that life can throw unexpected challenges your way. That's why we provide a range of services designed to support you every step of the way from checking and savings accounts to auto loans and mortgages. Our total deposits stand at $122,668,315, reflecting the trust our members place in us. Led by our dedicated CEO, Tony Dees, and Board President, Dianne Brown, our team of 142 employees is here to ensure you receive exceptional service. We take pride in our financial stability with a net worth of $53,108,005 and total loans amounting to 30,102. With $4,577,802 cash in hand, we're ready to assist you whenever you need it. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 301 Rio Bravo Blvd SE, Albuquerque, NM 87105. Whether you're looking for guidance on personal loans or seeking advice on business banking options, we're just a phone call away at 505-262-1401. Join us at Rio Grande as we continue our mission of supporting local families and businesses in Albuquerque. Visit our website at riograndecu.org to learn more about how we can help you thrive financially!

Branch History & Mission

Community Commitment

Our commitment extends beyond just banking; it encompasses community outreach and partnerships aimed at enhancing the lives of those around us. We actively engage in local initiatives, making sure that we contribute positively to Albuquerque's vibrant community spirit. We understand the importance of adapting to the needs of our members. That's why we've embraced digital advancements while ensuring compliance with ADA standards so everyone can access our services without barriers.

Join Us

With total assets amounting to $663,365,420, we are well-equipped to support your financial needs today and into the future. We invite you to explore what it means to be part of Rio Grande where your financial well-being is our priority. Experience firsthand how we can help you achieve your goals by visiting us or calling us at 505-262-1401. Together, let's build a better future for ourselves and our community!

Our Mission

The mission of Rio Grande is simple yet powerful: to provide exceptional financial services while fostering a sense of community. We believe that everyone deserves access to quality financial products, whether it's checking accounts, auto loans, or business financing. Our goal is to help our members achieve their financial dreams while supporting the neighborhoods we serve. While members can visit us at 301 Rio Bravo Blvd SE, official correspondence should be sent to 301 Rio Bravo Blvd SE, Albuquerque, NM 87105. We are proud to offer various services such as online and mobile banking, ATM access, and drive-thru banking for your convenience.

Branch Location & Accessibility

A Convenient Stop for Your Banking Needs

Whether you're stopping by for a quick transaction or seeking more comprehensive financial services, we aim to make your visit as smooth as possible. Our branch features ample parking and is designed with accessibility in mind, ensuring that everyone can easily reach us. We also offer a drive-thru service for those who prefer to bank without leaving their vehicles.

Friendly Hours and Services Just for You

At Rio Grande, we understand that your time is valuable. That's why we keep our doors open during convenient hours: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 5:30 PM, and Saturday from 9 AM to 1 PM. Need assistance? Our friendly team is just a phone call away at 505-262-1401. In addition to traditional banking services like checking and savings accounts, we provide auto loans, mortgage financing, personal loans, and credit card options with rewards. Plus, our ATM is available for quick cash withdrawals and balance checks whenever you need it. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to the same address: 301 Rio Bravo Blvd SE, Albuquerque, NM 87105. We invite you to experience the personalized service and community spirit that makes Rio Grande Credit Union stand out. Stop by today or give us a call; we're here to help you achieve your financial goals!

Member Eligibility

Becoming a member of Rio Grande feels like joining a warm, welcoming family where your financial well-being is the top priority. At our branch located at 301 Rio Bravo Blvd Se Albuquerque Nm 87105, we believe that everyone deserves access to quality financial services tailored to their needs. If you live, work, or worship in our community, you are likely eligible for membership! This means you can take advantage of our wide range of services designed just for you, from personal banking to loans and more. To learn about the specific eligibility criteria, we invite you to check out the details on our website at . Opening an account is a breeze! Just give us a call at (505) 262-1401, and one of our friendly team members will guide you through the process. With us, you're not just another customer; you're part of a supportive community that's here to help you achieve your financial goals. Join us today and experience the difference at Rio Grande!

Business Banking & Commercial Services

Lending Solutions for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $87 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $20 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $18,239,972, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make a Difference

Managing transactions shouldn't be a hassle. Our merchant services offer practical tools that help streamline payments, allowing you to focus on what matters most running your business. Imagine receiving payments quickly and easily, giving you more time to serve your customers and grow your brand. Visit us at 301 Rio Bravo Blvd Se Albuquerque Nm 87105 in Albuquerque, NM, or call us at (505) 262-1401 to learn more about how our Business Banking & Commercial Services can empower your enterprise today!

Comprehensive List Of Services

Business Banking

For small business owners, Rio Grande provides essential banking services including merchant services and business loans. We understand how crucial it is to have reliable support when running a business, so our team is committed to helping you thrive.

Credit Cards

With our credit cards featuring rewards programs, managing your purchases can also earn you benefits. You can enjoy cashback or points towards future purchases while keeping track of your spending effortlessly.

Digital Banking Features

In today's busy world, convenience is key. That's why we offer robust online and mobile banking services. Access your accounts anytime, anywhere with features like person-to-person payments and e-statements. Our ATM services ensure you can make cash withdrawals and check balances quickly when you're on the go.

Drive-Thru & Shared Services

Need quick access? Our drive-thru banking allows for simple transactions like deposits and withdrawals without leaving your car. Additionally, as part of our commitment to serving our members better, we participate in shared branch transactions for partner credit union members, allowing more flexibility in accessing funds. If you're interested in learning more about any of these services or want assistance with your financial journey, don't hesitate to reach out! Call us at (505) 262-1401 or visit us at 301 Rio Bravo Blvd Se Albuquerque Nm 87105 in Albuquerque, NM. Let us be a part of your financial success today!

Home Financing

For those dreaming of homeownership, Rio Grande offers mortgage loans and refinancing options that can make your dreams a reality. Our knowledgeable staff is ready to guide you through the process, ensuring that you find the right loan that fits your budget.

Personal Banking

Managing your day-to-day finances has never been easier with our personal banking services. We offer checking and savings accounts that fit your lifestyle, making it simple to manage your money and save for what matters most. If you're considering buying a new vehicle, our auto loans and vehicle financing options provide competitive rates and flexible terms to get you on the road without breaking the bank.

Personal Loans

Sometimes life throws unexpected expenses your way. That's where our personal loans come in handy! Whether it's for debt consolidation or covering an urgent cost, we're here to help ease your financial burden with straightforward terms.

Digital & Online Banking

E-Statements and Electronic Signatures

Save time and paper with e-statements available at Rio Grande. No more waiting for the mail; you'll receive your statements directly in your inbox. Additionally, if you need to sign documents quickly, our electronic signature authorization feature allows you to do just that without any hassle.

Mobile Application

With our mobile application, managing your finances is as easy as tapping a button. Check balances, make deposits, and transfer funds right from your smartphone. And if you're looking for convenience in payments, our app gives you access to options like mobile payments (currently not available) for quick purchases on the go. In today's busy world, having reliable digital banking tools is essential. At Rio Grande, we prioritize accessibility and ease-of-use so you can focus on what matters most your life. Join us today and experience the future of banking right from your pocket!

Online Banking Services

With 24/7 online banking available at https://www.riograndecu.org/ , accessing your account has never been easier. You can check balances, transfer funds, and pay bills all from the comfort of your home or on the go. Plus, our user-friendly interface makes navigation simple, whether you're using a computer or our mobile application.

Person-to-Person Transfers

Need to send money to a friend or family member? Our person-to-person transfer service makes it quick and easy. Just a few clicks, and you're done! No more complicated processes or long waits at the bank just fast transfers when you need them.

Financial Strength

Growing Trust

Total Share Accounts stand at 95,086, showing a strong and growing member base that trusts us with their finances. Additionally, Net Shares available for lending and investments amount to $5,343,612, further demonstrating our ability to support your financial needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Rio Grande is your trusted partner. Visit us at 301 Rio Bravo Blvd Se Albuquerque Nm 87105 or call (505) 262-1401 to learn more about how we can help you achieve your financial goals.

Investment in Growth

With $46,174,686 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to growth is also reflected in our lending capacity; with $6,017 in used auto loans and $414,699,378 in total loans and leases, we support members' financial goals across various sectors.

Member Savings and Security

Members' savings are secured through $220,165,626 in share certificates and $76,484,946 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $72,651,953, 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 highlighted by a net income of $0, allowing us to keep offering competitive loan rates and solid financial products for our members. We also take pride in having 141 full-time employees and 1 part-time employees who are dedicated to serving you with expertise and care.

Our Financial Health

With a net worth of $53,108,005, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $801 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 $121,168,334 in used vehicle loans and $104,643,355 in new vehicle loans already helping members get on the road. With options for both new and used vehicles, you can choose the financing that best fits your budget.

Commercial Loans

For business owners, our outstanding commercial loans totaling $18,239,972 provide the capital needed to grow and expand your business. We are dedicated to supporting our local economy by empowering entrepreneurs with the funding they need.

Credit Lines

Additionally, our total credit lines amounting to $74,535,249 give you access to funds when you need them most. This is a great way to ensure that unexpected expenses won't disrupt your financial stability. If you're interested in exploring refinancing options or checking your eligibility for any of these loan products, feel free to reach out! You can contact us at (505) 262-1401, or visit us at our branch located at 301 Rio Bravo Blvd Se Albuquerque Nm 87105 in Albuquerque, NM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let us help you find the right loan product today!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $16,881,479, make buying or refinancing simple. We also offer competitive rates and flexible terms to fit your lifestyle and financial situation.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $18,378,519 in loans helping members manage their finances effectively. This option allows you to maintain financial flexibility while managing everyday purchases.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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RIO GRANDE CREDIT UNION