Credit union · NCUA insured
Rave Financial
Top CarrotA $1.3B credit union, the 394th largest of 4,329, headquartered in Beaumont, TX, with 88,140 members and 14 branches in Texas. Best rates: CDs 4.25% and savings 0.60% APY.
Rave Financial Carrot Score
Carrot ScoreTop Carrot
Higher than 89% of U.S. banks and credit unions
#5 of 22 in Beaumont, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Rave Financial
Rave Financial was chartered on July 30, 1935, as Magnolia Employees Beaumont Texas Federal Credit Union.
The credit union renamed to Mobiloil Federal Credit Union in 1959 and became Rave Financial in 2023.
It operates as a community charter serving sixteen Texas counties including Jefferson, Chambers, Harris, and Galveston.
- Headquarters
- 3535 Calder Ave, Beaumont, TX 77706
- NCUA charter
- 68735
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who live, work, worship, or attend school in Jefferson, Chambers, Hardin, Jasper, Liberty, Newton, Orange, Tyler, Galveston, Harris, Montgomery, San Jacinto, Polk, Angelina, San Augustine, or Sabine County are eligible for membership.
Family and household
- Individuals related to an existing member are eligible for membership.
Cost to join
- Open a savings account and maintain a balance of $5.
Branches
14 branches in Texas
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Texas
14 branches
Beaumont area · 8
- Calder BranchMain office3535 Calder Ave, Beaumont, TX 77706Directions
- Carroll Street Branch2050 Carroll St, Beaumont, TX 77701Directions
- Delaware Branch1810 N Major Dr, Beaumont, TX 77713Directions
- Treadway Branch4285 Treadway Rd, Beaumont, TX 77706Directions
- Lumberton Branch604 S Main St, Lumberton, TX 77657Directions
- Mid-County Branch1131 S Memorial Fwy, Nederland, TX 77627Directions
- Silsbee Branch975 Highway 96 S, Silsbee, TX 77656Directions
- Vidor Branch1100 N Main St, Vidor, TX 77662Directions
Houston area · 4
- Conroe Branch670 FM 3083 Rd Ste 201, Conroe, TX 77301Directions
- Dayton Branch999 Highway 146, Dayton, TX 77535Directions
- Mont Belvieu11250 Eagle Drive, Mont Belvieu, TX 77523Directions
- Willis Branch702 W Montgomery St Ste 800, Willis, TX 77378Directions
Jasper area · 1
- Jasper Branch465 E Gibson St, Jasper, TX 75951Directions
Woodville area · 1
- Woodville Branch430 S Magnolia St, Woodville, TX 75979Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.82% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 0.57% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 0.70% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $104 | $88 | — |
- CapitalNet worth ratio12.82%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late0.57%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets0.70%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$104Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Rave Financial are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.