Overview / Commentary
Eddy Federal Credit Union is headquartered in Carlsbad and is the 21st largest credit union in the state of New Mexico. It is also the 2,306th largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 17 employees and 4,779 members at 2 locations. Eddy Federal Credit Union has an A health rating.
Field of Membership Restrictions
Eddy Federal Credit Union offers membership to person who work or live in Eddy County, NM and employees of the U. S. Post Office or Bureau of Land Management who work in Hobbs or Lovington, NM.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Eddy Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 9566 |
| Year Chartered | 1954 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.88% |
| Return on Equity - YTD | 4.74% |
| Annual Interest Income | $794K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $58.1MM$57.3MM |
| Loans | Q1 2025vs Q1 2024 | $41.8MM$39.5MM |
| Deposits | Q1 2025vs Q1 2024 | $46.8MM$46.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $10.7MM$10.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $624K$560K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $4K$16K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |