 The community is located about 4 km north of Highway 3, and about 15 km east of the Town of Cardston.Raley is named after C. Raley, of Lethbridge.The Alberta Pacific Elevator at Raley was built as a 35,000 bushel elevator and is likely the oldest standing elevator in Alberta constructed shortly after the St. Mary Railway line (succeed by Canadian Pacific Railway) was constructed in 1900 from Stirling to Cardston and finished in 1902.