Credit union · NCUA insured
RECU
A $79.5M credit union headquartered in Belen, NM, with 3,660 members and 1 branch in New Mexico. Best rates: CDs 3.85% and savings 1.00% APY.
RECU Carrot Score
81
Carrot Score
Higher than 56% of U.S. banks and credit unions
#15 of 27 in Albuquerque, NM metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About RECU
Railroad Employees Credit Union was granted its New Mexico state charter in 1955 as Belen Railway Employees Credit Union before renaming on January 1, 2022.
Founded as a member-owned financial cooperative, it was created by railroad workers to provide affordable credit and financial services to railroad employees and their families.
Based in Belen, New Mexico, the credit union serves members across New Mexico and eligible BNSF Railway employees nationwide.
- Headquarters
- 300 N 6th St, Belen, NM 87002
- NCUA charter
- 62841
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- BNSF Railway employees across the United States are eligible for membership.
Family and household
- Families of BNSF employees are eligible for membership.
Cost to join
- Opening a savings account requires $25 ($5 for minors).
Branches
1 branch in New Mexico
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New Mexico
1 branch
- Belen Railway Employees Credit UnionMain office300 N 6th St, Belen, NM 87002Directions
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
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.79% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.51% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.19% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $70 | $59 | — |
- CapitalNet worth ratio10.79%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.51%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.19%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$70Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 RECU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.