Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
505-766-5600
P.O. Box 25587
Albuquerque, NM 87125

First Financial CU (NM) is headquartered in Albuquerque and is the 7th largest credit union in the state of New Mexico. It is also the 514st largest credit union in the nation. It was established in 1937 and as of December of 2013, it had grown to 174 employees and 57,494 members. First Financial CU (NM)'s savings rates are 92% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

Must live in New Mexico - See Details

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



Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
C

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 First Financial CU (NM) had $13.71 million in non-current loans and owned real-estate with $40.98 million in equity and loan loss allowances on hand to cover it. This gives First Financial CU (NM) a Texas Ratio of 33.47% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for First Financial CU (NM) experienced no significant changes from 29.19% as of December 31, 2012 to 33.47% as of December 31, 2013, resulting in a negative change of 14.66%. This indicates that the balance sheet and financial strength for First Financial CU (NM) has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, First Financial CU (NM) has increased its total deposits by $15.8 million, resulting in 4.39% 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 First Financial CU (NM) has shown is excellent.

Capitalization

GRADE:
B

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. First Financial CU (NM) has $415.46 million in assets with $40.98 million in equity, resulting in a capitalization level of 9.86%, which is above average.

Institution Statistics

Overall
NCUA #68244
Year Chartered1937
Employees174
Primary Regulator
Assets and Liabilities
Assets$415.46 million
Loans$311.86 million
Deposits$376.17 million
Equity Capital$36.75 million
Loan Loss Allowance$4.23 million
Unbacked Noncurrent Loans$9.27 million
Real Estate Owned$4.44 million
Historic Data - December 2012
Assets$399.56 million
Equity Capital$37.04 million
Loan Loss Allowance$3.67 million
Unbacked Noncurrent Loans$9.27 million
Real Estate Owned$2.65 million
Profit Margin - Quarterly
Net Interest Margin4.84%
Return on Assets-0.07%
Return on Equity-0.8%
Interest Income$16.99 million
Rates

Always verify rates and promotions with the bank or credit union. We are not First Financial CU (NM), we are a rate comparison website and can not provide official rates or promotions.

First Financial CU (NM) Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.00%--Health Savings Account Checking
0.45%--Vacation Club Account
0.40%--Christmas Club Account
0.35%--IRA Savings Account
0.25%--Primary Savings Account
0.25%--Kirby Kids Savings Account
0.10%--Secondary Savings Account
0.10%--Special Savings Account

First Financial CU (NM) Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$100k-Money Market Account

First Financial CU (NM) Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.20%--Premier Checking Account
0.20%--Value Checking Account

First Financial CU (NM) CD Rates

DetailsAPYMINMAXPRODUCT
1.51%$1k-60 Month Certificate
1.51%$250-60 Month 1st CD
1.51%$500-60 Month Kirby Kid CD
1.21%$1k-48 Month Certificate
1.21%$250-48 Month 1st CD
1.21%$500-48 Month Kirby Kid CD
1.11%$1k-36 Month Certificate
1.11%$250-36 Month 1st CD
1.11%$500-36 Month Kirby Kid CD
1.00%$1k-30 Month Certificate
1.00%$250-30 Month 1st CD
1.00%$500-30 Month Kirby Kid CD
0.95%$250-24 Month 1st CD
0.95%$500-24 Month Kirby Kid CD
0.80%$1k-24 Month Certificate
0.75%$250-18 Month 1st CD
0.75%$500-18 Month Kirby Kid CD
0.65%$1k-18 Month Certificate
0.55%$250-12 Month 1st CD
0.50%$1k-12 Month Certificate
0.50%$500-12 Month Kirby Kid CD
0.40%$1k-6 Month Certificate
0.40%$250-6 Month 1st CD
0.40%$500-6 Month Kirby Kid CD
0.30%$1k-3 Month Certificate
0.30%$250-3 Month 1st CD
0.30%$500-3 Month Kirby Kid CD

First Financial CU (NM) IRA Rates

DetailsAPYMINMAXPRODUCT
1.61%$500-60 Month IRA Certificate
1.31%$25k-48 Month IRA Certificate
1.21%$25k-36 Month IRA Certificate
1.11%$25k-30 Month IRA Certificate
0.90%$25k-24 Month IRA Certificate
0.75%$25k-18 Month IRA Certificate
0.60%$25k-12 Month IRA Certificate
0.50%$25k-6 Month IRA Certificate
0.40%$25k-3 Month IRA Certificate
Locations

First Financial CU (NM) has 13 locations. Click to view all First Financial CU (NM) locations.