Raiz Federal Credit Union introduces Mammoth Rock Capital
Bridging the gap to financial prosperity
EL PASO, TEXAS (February 19, 2024) — Financial well-being is a unique journey that depends on individual goals and needs. Starting with a checking and savings account is a great first step, but Raiz believes that everyone has the potential to achieve their dreams and beyond. On February 15, 2024, a press conference was held at the Starlight Events Center to introduce the public to Mammoth Rock Capital, a wholly-owned subsidiary of Raiz Federal Credit Union. Mammoth Rock Capital is the parent company of Mammoth Rock Investments, Mammoth Rock Insurance, and Mammoth Rock Title. With this affiliation, both organizations aspire to help you reach even greater financial heights.
- Mammoth Rock Investments uses the award-winning broker-dealer platform LPL Financial to bring investment opportunities to help you reach your highest earning potential when it comes to retirement, annuities, mutual funds, and exchange-traded funds (ETFs). Learn more online at: mammothrockinvestments.com
- Mammoth Rock Insurance offers a variety of insurance options, including home, auto, AD&D, and life, provided by TruStage Insurance. These insurance plans are available at competitive rates to meet your budget needs. Learn more online at: www.raiz.us/services/trustage-insurance
- Mammoth Rock Title recently acquired and merged with Del Sol Title, a 100% multicultural and locally owned group with over 190 years of combined experience in real estate. This team of experts is available throughout El Paso with three locations to serve individuals and businesses, making the closing process smooth and easy for all parties involved. Learn more online at: www.mammothrocktitle.com
“Combining our knowledge and expertise allows Raiz to be a ‘one-stop-shop’ for our members to enjoy. The profits generated through Mammoth Rock Capital are distributed back to our members through better dividends, interest rates, and pricing to help achieve their financial aspirations,” shared Raiz President & CEO Max Villaronga.
Echoing his enthusiasm for the future, Arturo Bujanda, CEO of Mammoth Rock Capital, stated, “We truly believe in the transformative power of financial stability. Together, we’re able to provide the El Paso community with the tools and resources needed to thrive financially.”
Raiz Federal Credit Union and Mammoth Rock Capital are working together to bring a new era of financial empowerment to the El Paso community. As they move forward, their commitment remains to educate, create, and preserve wealth for all, ensuring that every member of the community has access to the tools and resources they need to achieve greater financial heights. Together, they aim to transform lives and build a brighter future for El Paso.
About Raiz Federal Credit Union
At Raiz (pronounced as "rise" in English and "rah-EES" in Spanish), our members and strong, vibrant community inspire us daily. We share a passion for knowledge and the pursuit of growth, grounded in our heritage as El Paso Area Teachers Federal Credit Union (TFCU). Today, we guide members from many professions to focus on their goals and help them get here. We're proud of our roots in El Paso (since 1936) as we envision a bold path forward, leading the way with passion. We are over 70,000 members strong and provide a full range of high-quality financial services at the great rates and low costs you can expect from a first-class credit union. Join us and experience the difference that comes from working with people who care.
The meaning behind our name:
Spanish for root, our new identity grows from our heritage in the community. Grounded in the roots of our beginning with teachers, sharing a passion for knowledge and pursuit of growth. We inspire our members and employees to feel connected to our future potential together. We are rising and inviting people to move forward with us. As we look out to the light over the Franklin Mountains rising from El Paso, we look up and ahead to an even brighter tomorrow.
About Mammoth Rock Capital
Founded in El Paso, Mammoth Rock Capital is a diversified investment company and a wholly-owned subsidiary of Raiz Federal Credit Union, providing long-term capital and operating expertise for small and middle market businesses in four verticals: (i) wealth management, (ii) insurance, (iii) title, and (iv) real estate. Our values are rooted in a culture where human dignity is the ultimate goal of the enterprise. Our employees create our greatest value not only in our companies but in our community. We believe that if our employees are happy, our clients will be delighted. Our name originates from El Paso’s Mammoth Rock, the most iconic peak of El Paso’s Franklin Mountains, it is better seen while heading Eastbound on Transmountain Rd.
