Rave Financial
Rave Financial is a credit union based in Beaumont, Texas, established in 1935, with $1.3 billion in total assets serving 88,140 members. By Trust Grade it ranks 128th of 379 credit unions we track in Texas. Its net worth ratio of 12.4% is stronger than 74% of similarly sized credit unions, versus a Texas median of 13.5%. It was profitable over the most recent period, with a 0.73% return on assets. No consumer complaints against Rave Financial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Rave Financial compares to Texas peers
How we graded Rave Financial
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.4% capital ratio)
- Profitable (ROA 0.73%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Rave Financial over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Rave Financial insured?
Yes. Rave Financial is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Rave Financial: frequently asked questions
Is Rave Financial a good credit union?
Rave Financial earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (12.4% capital ratio); Profitable (ROA 0.73%).
Is Rave Financial NCUA-insured?
Yes. Rave Financial is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Rave Financial?
Rave Financial holds $1.3 billion in total assets, ranking 128th of 379 credit unions we track in Texas. It serves 88,140 members.
Does Rave Financial have CFPB complaints?
No CFPB complaints against Rave Financial appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
