2026-01-14T06:26:05-08:00 2024-12-31 831427167 Greg R Schmidt CPA 26 Cypress Pt Amarillo TX 79124 990 2024-01-01 850234701 Railroad Employees Credit Union RAIL 5058644740 300 N 6th St Belen NM 87002 Matthew Soto CEO 5058644740 2025-05-08 true true Greg R Schmidt P00850502 8552759297 2025-11-24 X 2024 2025-03-06 01:10:19Z Gerry Troyer 300 N 6th Belen NM 87002 4125105 false X N/A X 1955 NM New Mexico state chartered credit union providing financial services to its members as provided 5 5 15 0 62679 0 0 2891863 3675742 368914 421113 13543 28250 3274320 4125105 0 0 828599 1050195 0 0 2534390 2510957 3362989 3561152 -88669 563953 63728797 73134762 57070127 65868751 6658670 7266011 New Mexico state chartered credit union providing financial services to its members as provided false false State chartered credit union providing financial services to its members as provided by the New Mexico Credit Union Act. false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true 955 0 15 true true true false false false false false X 5 5 false false false false true true false true true false false true true true true true true true true false X The organization 5058644740 300 N 6th St Belen NM 87002 Horacio R Padilla Chairperson 1.00 X X 0 0 0 Wayne Gallegos Vice Chairperson 1.00 X X 0 0 0 Theresa Chavez Board Secretary 1.00 X X 0 0 0 Jim Davis Board Treasurer 1.00 X X 0 0 0 Amy Shields Board Member 1.00 X 0 0 0 Gerry Troyer CEO 40.00 X 128118 0 0 Matthew Soto EVP 40.00 X 114741 0 0 242859 0 0 2 false false false Interest Income on Loans 522100 3133660 0 0 Fee Income 522100 542082 62679 0 3675742 421113 0 0 Other Operating Income 522100 5932 5932 0 0 Gain on Disposition of Assets 522100 22318 22318 0 0 28250 4125105 4062426 62679 0 242859 242859 0 0 614235 614235 0 0 19100 19100 0 0 104249 104249 0 0 69752 69752 0 0 188 188 0 0 9608 9608 0 0 94959 94959 0 0 67911 67911 0 0 154780 154780 0 0 137667 137667 0 0 82258 82258 0 0 27688 27688 0 0 72957 72957 0 0 33848 33848 0 0 Dividends 1545689 1545689 0 0 Loan Servicing 75534 75534 0 0 Provision for Loan Loss 38511 38511 0 0 Annual Meeting 4454 4454 0 0 164905 164905 0 0 3561152 3561152 0 0 1265838 1420963 17751299 22449180 72349 41002571 45266847 31509 103631 2779632 783100 1927888 1996532 1749692 1825260 63728797 73134762 549852 423711 56520275 65445040 57070127 65868751 X 6658670 7266011 6658670 7266011 63728797 73134762 563953 43388 X false false false 291022 291022 1455066 241878 1213188 1033544 541222 492322 1996532 Member Deposits 65445040 65445040 Amy Shields Board Various X 20932 6925 false true true Gerry Troyer CEO Auto X 38167 36260 false true true Wayne Gallegos Board Auto X 32030 29164 false true true 72349 Pt VI, Line 6 The credit union is owned by its members. Members own shares (deposits), elect board members and vote on significant issues. Pt VI, Line 7a The members of the credit union vote annually on the board of directors of the credit union. Pt VI, Line 11b Form 990 is prepared by an independent CPA and a copy is provided to the board of directors and the management team prior to filing. Pt VI, Line 12c The organization is subject to credit union regulations which requires disclosure and monitoring on a quarterly basis. Pt VI, Line 15a The board of directors conducts salary reviews and approves compensation for the CEO and the Manager positions. Pt VI, Line 15b The board of directors conducts salary reviews and approves compensation for the CEO and the Manager positions. Pt VI, Line 19 Forms 990 are available at the credit unions main location for inpection upon request.