Sep, 30, 2025 — RIO GRANDE CREDIT UNION is a federally insured state chartered credit union headquartered in ALBUQUERQUE, NM with 7 branch locations and about $659.51 million in total assets. Opened 74 years ago in 1952, RIO GRANDE CREDIT UNION has about 49,928 members and employs 153 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 CREDIT UNION |
|---|---|
| Address: (Main Office) | 1121 4th St NW ALBUQUERQUE, NM 87102-1478 |
| Phone: | (505) 262-1401 |
| Fax: | |
| Website: | https://www.riograndecu.org |
| Branches: | 7 branch locations |
| Members: | 49,928 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62573 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $659,507,011 |
| CEO/Manager: | Tony Dees |
| Chairperson: | Mark Sanchez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 146,357,991 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 119,707,413 |
| Unsecured Loans | 47,179,426 |
| Other Loans | 223,639,362 |
| TOTAL LOANS | 397,078,539 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,220,086 |
| Land And Building | 15,012,029 |
| Other Fixed Assets | 1,547,874 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,696,898 |
| All Other Assets | 399,287 |
| TOTAL ASSETS | 659,507,011 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 184,542 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,236,394 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 97,346,227 |
| Regular shares | 113,438,901 |
| All Other Shares & Deposits | 391,668,901 |
| TOTAL SHARES & DEPOSITS | 602,454,029 |
| TOTAL LIABILITIES | 609,874,965 |
| Regular Reserve | 0 |
| Other Reserves | -1,667,501 |
| Undivided Earnings | 51,299,547 |
| TOTAL EQUITY | 49,632,046 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 659,507,011 |
| INCOME & EXPENSE | |
| Loan Income | 22,759,913 |
| Investment Income | 5,766,249 |
| Other Income | 7,317,549 |
| Total Employee Compensation & Benefits | 8,594,305 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,631,463 |
| Non-operating Income & (Expense) | -13,981 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,527,045 |
| Cost of Funds | 11,650,075 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,042,329 |
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