Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
503 NE Aztec Blvd
Aztec, NM 87410

BAB Credit Union is headquartered in Aztec and is the 37th largest credit union in the state of New Mexico. It is also the 4,940th largest credit union in the nation. It was established in 1956 and as of December of 2013, it had grown to 2 employees and 1,451 members. BAB Credit Union's savings rates are 3X the national average, and it has a C+ health rating.

Field of Membership Restrictions

Founded in 1956, we are a member owned, not-for-profit organization that serves a closed membership of employees and their immediate family members in the Bloomfield, Aztec and Blanco school districts. - See Details

No reviews have been left for this bank yet. Be the first to review.


Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. BAB Credit Union has a very low asset base.

Texas Ratio


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 BAB Credit Union had $102,000 in non-current loans and owned real-estate with $980,000 in equity and loan loss allowances on hand to cover it. This gives BAB Credit Union a Texas Ratio of 10.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for BAB Credit Union increased slightly from 4.92% as of December 31, 2012 to 10.41% as of December 31, 2013, resulting in a negative change of 111.55%. This indicates that the balance sheet and financial strength for BAB Credit Union has declined slightly in recent periods.

Deposit Growth


In the past year, BAB Credit Union has increased its total deposits by $596,000, resulting in 11.09% 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 BAB Credit Union has shown is excellent.



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. BAB Credit Union has $6.87 million in assets with $980,000 in equity, resulting in a capitalization level of 14.26%, which is excellent.

Institution Statistics

NCUA #66185
Year Chartered1956
Primary Regulator
Assets and Liabilities
Assets$6.87 million
Loans$5.63 million
Deposits$5.97 million
Equity Capital$890,000
Loan Loss Allowance$90,000
Unbacked Noncurrent Loans$102,000
Real Estate Owned$0
Historic Data - December 2012
Assets$6.13 million
Equity Capital$742,000
Loan Loss Allowance$71,000
Unbacked Noncurrent Loans$102,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.52%
Return on Assets2.12%
Return on Equity16.4%
Interest Income$371,000
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not BAB Credit Union, we are a rate comparison website and can not provide official rates or promotions.

BAB Credit Union Savings Account Rates


BAB Credit Union Locations
Branch Office503 NE Aztec BlvdAztec, NM 87410