Rave Financial is a member-owned financial institution headquartered in Beaumont, Texas, with roots tracing back to the mid-20th century. Originally chartered in 1935 as Magnolia Employees Beaumont Texas Federal Credit Union, the organization emerged as one of Jefferson County’s early federal credit unions, expanding its membership and services in the ensuing decades. Through later branding changes, including a shift to Mobiloil Federal Credit Union and, more recently, the Rave Financial name, the organization has evolved while preserving its nonprofit, cooperative structure. Its primary mission centers on providing accessible financial services to individuals and communities within the Southeast Texas region, aligning with typical credit-union goals of safety, member education, and affordable products. Core functions include deposit accounts, lending, and digital banking features designed to support everyday financial needs. Operational scope encompasses multiple service locations within the Beaumont area and neighboring communities, underscoring a community-centric approach to financial access and member support. This evolution reflects a sustained emphasis on personalized service, local engagement, and sector-specific financial stability for members.
Better than 29% of providers in Beaumont
In addition to the primary service, Rave Financial also offers:
Links and information about Rave Financial:
Rave Financial 1,280 followers on LinkedIn. A credit union worth raving about: proudly serving the Southeast Texas Community since 1935. Welcome to Rave Financial, where generations of members have trusted us to be their financial partner since our founding in 1935. With over 80,000 members across the greater Southeast Texas region, we're dedicated to empowering you to reach your financial goals and dreams. Whether you're a longtime member or new to the Rave community, we make banking easy and...
www.linkedin.comRave Financial offers a range of financial services, including high-yield checking accounts, savings accounts, loans, and credit cards. They emphasize convenience with mobile and digital banking features, fraud prevention, and personalized member support. Rave Financial also provides financial health resources and actively engages in community support. Rave Financial was chartered July 30, 1935 as Magnolia Employees Beaumont Texas Federal Credit […]
mchchamber.orgInfinity Texas Development is proud to host Rave Financial Credit Union in the Teas Ridge Business Park. As part of our “Tenant Spotlight” series of blogs, we want to showcase some of the reasons they’ve been a great partner for us—and why they can be a great partner for you.
www.infinitytexas.comOther providers in Beaumont with similar ratings:
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Find answers to common questions
Rave Financial is listed as a financial service provider in Beaumont, TX and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Rave Financial to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Rave Financial, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Rave Financial with other providers in Beaumont and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Rave Financial has a rating of 3.7, which is better than 29% of providers in Beaumont.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Rave Financial requests. It is always best to call ahead using the phone number on this page so Rave Financial can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Rave Financial also offers: Credit union, ATM, Bank.