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Overview / Commentary
800-752-6394
3090 E Fry Blvd
Sierra Vista, AZ 85635

American Southwest Credit Union is headquartered in Sierra Vista and is the 16st largest credit union in the state of Arizona. It is also the 1,003rd largest credit union in the nation. It was established in 1955 and as of December of 2013, it had grown to 60 employees and 20,921 members. American Southwest Credit Union has a A health rating.

Field of Membership Restrictions

Must live, work, worship or attend school, and their immediate family members, and businesses in Cochise or Santa Cruz County as well as any of the following Arizona zip codes: 85602, 85614, 85615, 85622, 85628, 85629, 85641, 85646, 85706, 85707, 85708, 85714, 85730, 85734, 85746, 85747, 85748, or 85757. - See Details

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 American Southwest Credit Union had $694,000 in non-current loans and owned real-estate with $16.52 million in equity and loan loss allowances on hand to cover it. This gives American Southwest Credit Union a Texas Ratio of 4.20% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for American Southwest Credit Union experienced no significant changes from 2.34% as of December 31, 2012 to 4.20% as of December 31, 2013, resulting in a negative change of 79.62%. This indicates that the balance sheet and financial strength for American Southwest Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, American Southwest Credit Union has increased its total deposits by $10.84 million, resulting in 7.2% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth American Southwest Credit Union has shown is excellent.

Capitalization

GRADE:
C+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. American Southwest Credit Union has $177.6 million in assets with $16.52 million in equity, resulting in a capitalization level of 9.30%, which is average.

Institution Statistics

Overall
NCUA #68567
Year Chartered1955
Employees60
Primary Regulator
Assets and Liabilities
Assets$177.60 million
Loans$102.05 million
Deposits$161.35 million
Equity Capital$15.92 million
Loan Loss Allowance$607,000
Unbacked Noncurrent Loans$408,000
Real Estate Owned$286,000
Historic Data - December 2012
Assets$166.13 million
Equity Capital$14.92 million
Loan Loss Allowance$734,000
Unbacked Noncurrent Loans$408,000
Real Estate Owned$290,000
Profit Margin - Quarterly
Net Interest Margin4.29%
Return on Assets0.62%
Return on Equity6.97%
Interest Income$5.57 million
Rates
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American Southwest Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.35%$50-Regular IRA Shares
0.08%$50-Regular Shares

American Southwest Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.36%$100k-Flex Money Market

American Southwest Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.87%$10k-60 Month Share CD
1.44%$10k-48 Month Share CD
1.23%$10k-36 Month Share CD
1.10%$10k-30 Month Share CD
0.97%$10k-24 Month Share CD
0.75%$10k-18 Month Share CD
0.56%$10k-12 Month Share CD
0.35%$10k-06 Month Share CD

American Southwest Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.87%$10k-60 Month IRA
1.44%$10k-48 Month IRA
1.23%$10k-36 Month IRA
1.10%$10k-30 Month IRA
0.97%$10k-24 Month IRA
0.75%$10k-18 Month IRA
0.56%$10k-12 Month IRA
0.35%$10k-06 Month IRA
Locations


American Southwest Credit Union Locations
Branch Office3090 E Fry BlvdSierra Vista, AZ 85635
Branch OfficeWinrow Rd Building 41331Fort Huachuca, AZ 85613-7079
Branch Office1919 E 10th StDouglas, AZ 85607-2407
Branch Office1101 S Naco HwyBisbee, AZ 85603-9727
Branch Office654 E 7th StBenson, AZ 85602-6638
Branch Office357 W Mariposa RdNogales, AZ 85621-1044
Branch Office18800 S Nogales HwyGreen Valley, AZ 85614