Sep, 30, 2025 — RED RIVER EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in TEXARKANA, TX with 32 branch locations and about $1.55 billion in total assets. Opened 83 years ago in 1943, RED RIVER EMPLOYEES FEDERAL CREDIT UNION has about 123,510 members and employs 375 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RED RIVER EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2700 A University Ave TEXARKANA, TX 75503 |
| Phone: | (903) 735-3000 |
| Fax: | (903) 735-3150 |
| Website: | https://www.rrcu.com |
| Branches: | 32 branch locations |
| Members: | 123,510 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5029 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1943 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,550,898,108 |
| CEO/Manager: | Bradley D Bailey |
| Chairperson: | Fred E Milton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 192,670,765 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 395,141,183 |
| Unsecured Loans | 59,057,094 |
| Other Loans | 646,981,657 |
| TOTAL LOANS | 1,119,128,474 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,504,650 |
| Land And Building | 26,005,873 |
| Other Fixed Assets | 6,841,462 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,100,215 |
| All Other Assets | 1,205,137 |
| TOTAL ASSETS | 1,550,898,108 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 40,000,000 |
| Accounts Payable & Other Liabilities | 13,112,340 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 215,123,693 |
| Regular shares | 360,976,544 |
| All Other Shares & Deposits | 717,716,222 |
| TOTAL SHARES & DEPOSITS | 1,293,816,459 |
| TOTAL LIABILITIES | 1,346,928,799 |
| Regular Reserve | 0 |
| Other Reserves | 2,884,680 |
| Undivided Earnings | 201,084,629 |
| TOTAL EQUITY | 203,969,309 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,550,898,108 |
| INCOME & EXPENSE | |
| Loan Income | 52,462,607 |
| Investment Income | 9,165,923 |
| Other Income | 8,354,363 |
| Total Employee Compensation & Benefits | 20,337,743 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 22,798,102 |
| Non-operating Income & (Expense) | 421,614 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,656,605 |
| Cost of Funds | 21,463,042 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,651,994 |
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