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Evolve Federal Credit Union


Overview / Commentary
www.evolvefcu.org
915-593-5866
8820 Gazelle Dr
El Paso, TX 79925

Evolve Federal Credit Union is headquartered in El Paso and is the 73rd largest credit union in the state of Texas. It is also the 899th largest credit union in the nation. It was established in 1936 and as of September of 2022, it had grown to 73 employees and 17,036 members at 5 locations. Evolve Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Evolve Federal Credit Union is open to those who live, work, worship or attend school in El Paso County, Texas. Businesses and other legal entities located within El Paso County are also eligible for membership.
See current membership details

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Health
B+

Data as of Q3 2022

Learn why bank health matters

Health Grade Components

Overall
NCUA #1792
Year Chartered1936
Employees73
Primary Regulator
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD8.79%
Annual Interest Income$7.5MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$353.2MM$361.0MM
LoansQ3 2022vs Q3 2021$227.5MM$222.8MM
DepositsQ3 2022vs Q3 2021$315.8MM$314.6MM
Equity CapitalQ3 2022vs Q3 2021$23.3MM$33.1MM
Loan Loss AllowanceQ3 2022vs Q3 2021$560.00K$927.00K
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$144.00K$245.00K
Real Estate OwnedQ3 2022vs Q3 2021$0$0
Rates

Rates for Evolve Federal Credit Union are currently being reviewed.

Locations


Evolve Federal Credit Union Locations
Branch Office8820 Gazelle DrEl Paso, TX 79925
Branch Office8840 Gazelle DrEl Paso, TX 79925
Branch Office909 Myrtle AveEl Paso, TX 79901-1513
Branch Office1710 Saul Kleinfeld DrEl Paso, TX 79936-3742
Branch Office6950 Pitts StEl Paso, TX 79912-4462

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