Credit union · NCUA insured
Rio Grande Valley Credit Union
Top CarrotA $181.5M credit union headquartered in Harlingen, TX, with 17,611 members and 5 branches in Texas. Best rates: CDs 4.07% and savings 0.25% APY.
Rio Grande Valley Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 93% of U.S. banks and credit unions
#2 of 17 in Brownsville, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Rio Grande Valley Credit Union
Founded in 1954, Rio Grande Valley Credit Union was originally chartered for 112 employees of the Harlingen Consolidated Independent School District.
The credit union expanded through mergers with San Benito Teachers', Harbenito, and Sugar Growers Federal Credit Unions, renaming to Rio Grande Valley Credit Union in 2014.
The institution opened its new main office at 1221 Morgan Boulevard in Harlingen, Texas, in 2017.
- Headquarters
- 1221 Morgan Blvd, Harlingen, TX 78550-5154
- NCUA charter
- 61734
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Any person who lives, works, attends school or worships within a 10-mile radius of any credit union branch office in Harlingen, San Benito, or Rio Hondo is eligible for membership.
- Any person who lives, works, attends school or worships in Willacy County is eligible for membership.
Cost to join
- A minimum deposit of $25.00 in a savings account is required to establish and maintain membership.
- A one-time processing fee of $5.00 is required to become a member.
Branches
5 branches in Texas
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Texas
5 branches
Brownsville area · 4
- MorganMain office1221 Morgan Blvd, Harlingen, TX 78550Directions
- Expwy 834321 W Expressway 83, Harlingen, TX 78552Directions
- Rio Hondo117 W Colorado Ave, Rio Hondo, TX 78583Directions
- San Benito Branch345 N Williams Rd, San Benito, TX 78586Directions
Raymondville area · 1
- Lyford Branch7449 S Expressway 77, Lyford, TX 78569Directions
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 | 10.54% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.42% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.84% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $39 | $76 | — |
- CapitalNet worth ratio10.54%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.42%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.84%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$39Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 Rio Grande Valley Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.