Eddy Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.60% | 1-year CD | 2.50% - Synchrony Bank 12 Month CD |
| 0.15% | Savings | |
| 1.00% | 2-year CD | 2.75% - Synchrony Bank 24 Month CD |
Eddy Federal Credit Union is headquartered in Carlsbad and is the 19th 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 June of 2018, it had grown to 16 employees and 5,082 members at 2 locations. Eddy Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Eddy County, New Mexico. Membership is also open to employees of the U. S. Post Office or Bureau of Land Management who work in Hobbs or Lovington, New Mexico.
See current membership details
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9566 |
| Year Chartered | 1954 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 6.07% |
| Annual Interest Income | $951.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $51.5MM$53.7MM |
| Loans | Q2 2018vs Q2 2017 | $27.0MM$25.0MM |
| Deposits | Q2 2018vs Q2 2017 | $43.9MM$46.7MM |
| Equity Capital | Q2 2018vs Q2 2017 | $7.1MM$6.7MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $427.00K$540.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $26.00K$52.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Eddy Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Eddy Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | $5 | - | Christmas Club | |
| 0.15% | $100 | - | Savings |
Eddy Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $5k | - | 2 Years CD | |
| 0.60% | $5k | - | 1 Year CD | |
| 0.45% | $5k | - | 6 Month CD | |
| 0.30% | $1k | - | 3 Month CD |
| Eddy Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1711 S Canal St | Carlsbad, NM 88220 |
| Branch Office | 909 W Pierce St | Carlsbad, NM 88220-5268 |