Overview / Commentary
Cannon Federal Credit Union is headquartered in Clovis and is the 16th largest credit union in the state of New Mexico. It is also the 1,815th largest credit union in the nation. It was established in 1952 and as of March of 2025, it had grown to 27 employees and 9,087 members at 2 locations. Cannon Federal Credit Union has an A health rating.
Field of Membership Restrictions
Must be a civilian or military personnel of the US Government who work at or is assigned to Cannon Air Force Base, Clovis, New Mexico. Also open to those who live, work or worship south of 21st Street, Clovis, New Mexico and residents who reside in Roosevelt County.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7822 |
| Year Chartered | 1952 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.6% |
| Return on Equity - YTD | 13.13% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $102.1MM$100.6MM |
| Loans | Q1 2025vs Q1 2024 | $50MM$50.8MM |
| Deposits | Q1 2025vs Q1 2024 | $89.3MM$89.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $12.2MM$10.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $220K$282K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $79K$69K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |