What services does Rio Grande Savings and Loan offer?


Quick Answer

As of 2015, the Rio Grande Savings and Loan Association offers a variety of financial services, such as assistance in balancing accounts, issuance of cashier checks, wire transfers, multiple types of safe deposit boxes and voucher checks. Additionally, the association also offers a variety of deposit products, including basic checking accounts, checking accounts that accrue monthly interests, Super Bonanza checking accounts, commercial checking accounts and statement savings account. Certain types of accounts bear higher interest rates but require minimum deposits.

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Full Answer

Rio Grande Savings and Loan also offers various terms of Certificates of Deposit ranging from three to 36 months. The organization's CD accounts are separated into different tiers that are determined by the account's average daily balance, with the highest balances earning higher interest rates.

Rio Grande Savings and Loan offers a wide range of real estate loan products, including residential loans for both primary and secondary residences. Customers can also apply for mobile home loans, improved raw land loans, construction loans, home improvement loans and second mortgages. Rio Grande Savings and Loan also offers commercial loans for commercial real estate and commercial construction. Other types of loans available from the association include consumer loans that cover share loans, automotive loans and other types of vehicle loans.

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