Sep, 30, 2025 — RIO GRANDE VALLEY CREDIT UNION (RGV) is a federally insured state chartered credit union headquartered in HARLINGEN, TX with 5 branch locations and about $178.44 million in total assets. Opened 72 years ago in 1954, RIO GRANDE VALLEY CREDIT UNION (RGV) has about 17,583 members and employs 47 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RIO GRANDE VALLEY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1221 Morgan Blvd HARLINGEN, TX 78550-5154 |
| Phone: | (956) 423-5792 |
| Fax: | (956) 423-3105 |
| Website: | https://www.rgvcu.coop |
| Branches: | 5 branch locations |
| Members: | 17,583 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61734 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $178,436,884 |
| CEO/Manager: | Sherilyn Goad |
| Chairperson: | David Jones |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 47,611,257 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,479,610 |
| Unsecured Loans | 11,734,485 |
| Other Loans | 51,747,830 |
| TOTAL LOANS | 69,961,925 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -505,501 |
| Land And Building | 3,930,493 |
| Other Fixed Assets | 259,547 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,345,397 |
| All Other Assets | 10,175 |
| TOTAL ASSETS | 178,436,884 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 51,446 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,708,783 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 37,254,274 |
| Regular shares | 86,981,742 |
| All Other Shares & Deposits | 33,833,012 |
| TOTAL SHARES & DEPOSITS | 158,069,028 |
| TOTAL LIABILITIES | 160,829,257 |
| Regular Reserve | 0 |
| Other Reserves | 381,453 |
| Undivided Earnings | 17,226,174 |
| TOTAL EQUITY | 17,607,627 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 178,436,884 |
| INCOME & EXPENSE | |
| Loan Income | 3,091,786 |
| Investment Income | 2,206,777 |
| Other Income | 1,076,356 |
| Total Employee Compensation & Benefits | 2,236,298 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,504,696 |
| Non-operating Income & (Expense) | 945,435 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 331,373 |
| Cost of Funds | 985,900 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,262,087 |
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