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Overview / Commentary
1-800-228-4031 x 5
8000 Palomas Ave NE
Albuquerque, NM 87109

Sandia Area Credit Union is headquartered in Albuquerque and is the 5th largest credit union in the state of New Mexico. It is also the 471st largest credit union in the nation. It was established in 1956 and as of March of 2014, it had grown to 113 employees and 63,211 members. Sandia Area Credit Union has a A+ health rating.

Field of Membership Restrictions

Must live, work, worship, volunteer or go to school in Bernalillo County (inclusive of Albuquerque and Kirtland Air Force Base), the city of Rio Rancho, Cibola County, Torrance County or Valencia County. - See Details

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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 Sandia Area Credit Union had $1.18 million in non-current loans and owned real-estate with $55.4 million in equity and loan loss allowances on hand to cover it. This gives Sandia Area Credit Union a Texas Ratio of 2.13% 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 Sandia Area Credit Union experienced no significant changes from 0.80% as of March 31, 2013 to 2.13% as of March 31, 2014, resulting in a negative change of 165.25%. This indicates that the balance sheet and financial strength for Sandia Area Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Sandia Area Credit Union has increased its total deposits by $33.64 million, resulting in 8.67% 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 Sandia Area 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. Sandia Area Credit Union has $482.13 million in assets with $55.4 million in equity, resulting in a capitalization level of 11.49%, which is excellent.

Institution Statistics

NCUA #11316
Year Chartered1956
Primary Regulator
Assets and Liabilities
Assets$482.13 million
Loans$441.52 million
Deposits$421.71 million
Equity Capital$50.47 million
Loan Loss Allowance$4.94 million
Unbacked Noncurrent Loans$648,000
Real Estate Owned$533,000
Historic Data - March 2013
Assets$435.41 million
Equity Capital$44.05 million
Loan Loss Allowance$4.11 million
Unbacked Noncurrent Loans$648,000
Real Estate Owned$121,000
Profit Margin - Quarterly
Return on Assets1.22%
Return on Equity11.63%
Interest Income$3.37 million

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Sandia Area Credit Union Savings Account Rates

0.35%$100k-IRA Share Account
0.35%$100k-Roth IRA Share Account
0.35%$100k-CESA Share Account
0.20%$50k-Savings Account

Sandia Area Credit Union Money Market Rates

0.35%$100k-IRA Asset Builder Money Market Account
0.35%$100k-Peak Money Market Account
0.35%$100k-Roth IRA Asset Builder Money Market Account
0.35%$100k-CESA Asset Builder Money Market Account

Sandia Area Credit Union Checking Account Rates

0.05%$500- Performance Checking Account

Sandia Area Credit Union CD Rates

1.40%$500-48 Month Share Certificate
1.15%$500-36 Month Share Certificate
0.80%$500-24 Month Share Certificate
0.50%$500-12 Month Share Certificate
0.45%$500-6 Month Share Certificate

Sandia Area Credit Union IRA Rates

1.40%$500-48 Month IRA Share Certificate
1.15%$500-36 Month IRA Share Certificate
0.80%$500-24 Month IRA Share Certificate
0.50%$500-12 Month IRA Share Certificate
0.45%$500-6 Month IRA Share Certificate

Sandia Area Credit Union Locations
Branch Office8000 Palomas Ave NEAlbuquerque, NM 87109
Branch Office1601 Rio Rancho Dr SERio Rancho, NM 87124
Branch Office6410 Coors Blvd NWAlbuquerque, NM 87120
Branch Office1850 Wyoming Blvd SEAlbuquerque, NM 87117
Branch Office8505 Candelaria Rd NEAlbuquerque, NM 87112