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9983 Kenworthy St
El Paso, TX 79924

Firstlight Credit Union is headquartered in El Paso and is the 18st largest credit union in the state of Texas. It is also the 270th largest credit union in the nation. It was established in 1955 and as of March of 2014, it had grown to 345 employees and 114,977 members. Firstlight Credit Union's CD rates are 18% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Who Can Join? Any person living, working, or worshiping in El Paso County, Doña Ana County & the Fort Bliss community is welcome at FirstLight Federal Credit Union. - See Details

Reviews (2)

Lesson Learned.

They gave us every reason to expect great service. What a disappointment. We opened a savings and checking with them in order to have a local bank so that we could access someone in person if needed. Thank goodness we didn't close our other bank's account. From the start we had problems. Tellers would not pay close attention when we asked for cash back from deposits, which account to make deposits into, etcetera. Getting help over the phone was pure insanity and the problems never ever got fixed. Their website and online banking...don't even get us started, let's just say you'd think that the internet was a new thing for Firstlight. What a mess of a "credit union."

Will Do For Now

I really haven't had much luck with banks so I tried First Light. My experiences were positive at first but some problems arose here and there. First they talked me into signing up for overdraft protection that would take money out of your savings if your checking account was overdrawn. This seemed like a good opportunity especially since some of the companies we deal with take out automatic withdrawals each month but at somewhat random times. We live paycheck to paycheck so I was more than happy to sign up for it and insure I didn't rack up fees we couldn't afford. If you were overdrawn on your account it would cost you nearly $30 in overdrawn fees. This was very helpful, or at least I thought it would be, until the first time they had to take out from my savings account to cover the shortage. They still charged nearly $20 overdrawn fee for every time I was short despite their overdraft protection. I went back into the bank and asked to speak with a representative and they explained to me that I had it all wrong, that I was told wrong and then explained to me their current policy. What they were now telling me was that I'd rack up fees with the overdraft protection so my best bet was to have them not let the payment go through electronically if the money wasn't in the account. I signed some paperwork and I thought the issue was resolved until of course we were short and low and behold I began racking up $30 fees again. I went back to the credit union and again I was told I was misunderstanding what their policy was, again, despite that this time I had a brochure they had handed me. So my moral of the story is that no matter what they tell you, protected or not, you're still going to be charged. On a positive note, they do however give me no trouble about cashing third party checks, my husband's paychecks without his presence, and have returned some of those horrible fees they deducted. They have pretty good service. The tellers are friendly and compared to my past experiences with Bank of America, I'm happy to deal with the whole overdraft hassle.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Firstlight Credit Union had $6.52 million in non-current loans and owned real-estate with $76.6 million in equity and loan loss allowances on hand to cover it. This gives Firstlight Credit Union a Texas Ratio of 8.51% 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 Firstlight Credit Union decreased slightly from 11.18% as of March 31, 2013 to 8.51% as of March 31, 2014, resulting in a positive change of 23.83%.This indicates that the balance sheet and financial strength for Firstlight Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Firstlight Credit Union has increased its total deposits by $2.17 million, resulting in 0.29% 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 Firstlight Credit Union has shown is above average.



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. Firstlight Credit Union has $842.79 million in assets with $76.6 million in equity, resulting in a capitalization level of 9.09%, which is average.

Institution Statistics

NCUA #10174
Year Chartered1955
Primary Regulator
Assets and Liabilities
Assets$842.79 million
Loans$646.41 million
Deposits$757.95 million
Equity Capital$71.31 million
Loan Loss Allowance$5.29 million
Unbacked Noncurrent Loans$4.58 million
Real Estate Owned$1.94 million
Historic Data - March 2013
Assets$837.70 million
Equity Capital$67.24 million
Loan Loss Allowance$5.26 million
Unbacked Noncurrent Loans$4.58 million
Real Estate Owned$2.08 million
Profit Margin - Quarterly
Net Interest Margin1.03%
Return on Assets0.6%
Return on Equity7.11%
Interest Income$7.64 million

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Firstlight Credit Union Savings Account Rates

0.30%--IRA Savings
0.25%--Cha Ching
0.25%--Youth Share Savings
0.25%--Dollar Dog
0.25%--The Edge
0.15%$100-Share Savings
0.15%$100-Business Share Savings

Firstlight Credit Union Money Market Rates

0.30%$50k-Business Money Market
0.30%$50k-Money Market

Firstlight Credit Union Checking Account Rates

0.05%$5k-Simply More
0.05%$5k-Simply 50
0.05%$7,500-Business Premier

Firstlight Credit Union CD Rates

1.46%$50k-5 Year Business CD
1.46%$50k-5 Year CD
1.11%$50k-4 Year Business CD
1.11%$50k-4 Year CD
1.06%$25k-1 Year Business CD
1.06%$25k-1 Year CD
1.05%$50k-3 Year Business CD
1.05%$50k-3 Year CD
0.80%$50k-2 Year Business CD
0.80%$50k-2 Year CD
0.65%$50k-18 Month Business CD
0.65%$50k-18 Month CD
0.45%--3 Year Dream Builder CD
0.45%$50k-6 Month Business CD
0.45%$50k-6 Month CD
0.35%$50k-91 Day Business CD
0.35%$50k-91 Day CD
0.20%--2 Year Dream Builder CD
0.10%--1 Year Dream Builder CD

Firstlight Credit Union IRA Rates

1.46%$50k-5 Year IRA
1.11%$50k-4 Year IRA
1.06%$25k-1 Year IRA
1.05%$50k-3 Year IRA
0.80%$50k-2 Year IRA
0.65%$50k-18 Month IRA
0.45%$50k-6 Month IRA
0.35%$50k-91 Day IRA

Firstlight Credit Union Locations
Branch Office20727 Constitution AveFort Bliss, TX 79918-8060
Branch Office5050 N Desert BlvdEl Paso, TX 79912
Branch Office9983 Kenworthy StEl Paso, TX 79924
Branch Office1741 Marshall RdEl Paso, TX 79906
Branch Office9993 Kenworthy StEl Paso, TX 79924
Branch Office300 E Foster RdLas Cruces, NM 88005
Branch Office3105 Del Rey BlvdLas Cruces, NM 88012
Branch Office3791 E Lohman AveLas Cruces, NM 88011
Branch Office1555 N Lee Trevino DrEl Paso, TX 79936
Branch Office5005 N Piedras StEl Paso, TX 79920