Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
971 W Wetmore Rd
Tucson, AZ 85705-1551

Hughes Credit Union is headquartered in Tucson and is the 6th largest credit union in the state of Arizona. It is also the 294th largest credit union in the nation. It was established in 1951 and as of March of 2014, it had grown to 179 employees and 80,602 members. Hughes Credit Union has a A health rating.

Field of Membership Restrictions

You are eligible to become a lifetime member/owner of Hughes if you meet one of the following eligiblity requirements: * Through your employer. View the list of supported employers. * Live, work, worship or attend school in Tucson, Arizona. * An immediate family or household member of any Hughes member. * Join or belong to one of the following groups: o Oro Valley Friends of the Library, $10 o Tucson/Pima County Friends of the Library, $20 o Marana Arts Council, $25 o Audubon Society, $30 - See Details

Related Posts

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


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 Hughes Credit Union had $1.95 million in non-current loans and owned real-estate with $76.93 million in equity and loan loss allowances on hand to cover it. This gives Hughes Credit Union a Texas Ratio of 2.54% 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 Hughes Credit Union experienced no significant changes from 2.03% as of March 31, 2013 to 2.54% as of March 31, 2014, resulting in a negative change of 25.24%. This indicates that the balance sheet and financial strength for Hughes Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Hughes Credit Union has increased its total deposits by $17.28 million, resulting in 2.53% 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 Hughes 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. Hughes Credit Union has $775.23 million in assets with $76.93 million in equity, resulting in a capitalization level of 9.92%, which is above average.

Institution Statistics

NCUA #7531
Year Chartered1951
Primary Regulator
Assets and Liabilities
Assets$775.23 million
Loans$587.07 million
Deposits$699.52 million
Equity Capital$70.88 million
Loan Loss Allowance$6.05 million
Unbacked Noncurrent Loans$1.88 million
Real Estate Owned$77,000
Historic Data - March 2013
Assets$752.00 million
Equity Capital$64.32 million
Loan Loss Allowance$5.07 million
Unbacked Noncurrent Loans$1.88 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.19%
Return on Assets0.74%
Return on Equity8.12%
Interest Income$7.69 million
Skip to rates for:

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

Hughes Credit Union Savings Account Rates

0.35%$150k-Ultimate Yield Account
0.25%$75k-Premium Yield Account
0.25%$100-Contributory IRA
0.25%$100-Spousal IRA
0.25%$100-SEP IRA
0.25%$100-Rollover IRA
0.25%$100-ROTH IRA Accumulative
0.25%$100-ROTH IRA Rollover
0.15%$1k-High Yield Account
0.15%--Health Savings Account Checking
0.10%$50-Main Share Account
0.10%--Holiday Club Account
0.10%--Escrow Share Account
0.10%--Daily Savings Account
0.10%--You Name It

Hughes Credit Union Checking Account Rates

0.05%--Free Checking
0.05%--Premier Checking

Hughes Credit Union CD Rates

0.90%$99k-36 Month Jumbo CD
0.80%$50k$99k36 Month Mini-Jumbo CD
0.70%$99k-24 Month Jumbo CD
0.70%$1k$50k36 Month CD
0.60%$50k$99k24 Month Mini-Jumbo CD
0.55%$100-36 Month Youth CD
0.50%$1k$50k24 Month CD
0.45%$100-24 Month Youth CD
0.35%$99k-12 Month Jumbo CD
0.30%$50k$99k12 Month Mini-Jumbo CD
0.30%$99k-6 Month Jumbo CD
0.25%$1k$50k12 Month CD
0.25%$50k$99k6 Month Mini-Jumbo CD
0.20%$1k$50k6 Month CD
0.20%$100-12 Month Youth CD
0.15%$100-6 Month Youth CD

Hughes Credit Union IRA Rates

1.01%$99k-36 Month Jumbo IRA
0.96%$50k$99k36 Month Mini-Jumbo IRA
0.90%$1k$50k36 Month IRA
0.85%$99k-24 Month Jumbo IRA
0.70%$50k$99k24 Month Mini-Jumbo IRA
0.65%$1k$50k24 Month IRA
0.45%$99k-12 Month Jumbo IRA
0.40%$50k$99k12 Month Mini-Jumbo IRA
0.35%$1k$50k12 Month IRA

Hughes Credit Union Locations
Branch Office971 W Wetmore RdTucson, AZ 85705-1551
Branch Office8701 S Kolb RdTucson, AZ 85756
Branch Office7970 N Thornydale RdTucson, AZ 85741
Branch Office280 N Pantano RdTucson, AZ 85710
Branch Office3131 E Speedway BlvdTucson, AZ 85716
Branch Office951 E Hermans RdTucson, AZ 85756-9000