Financial Security


Overview / Commentary
575-887-6030
1105 W Pierce St
Carlsbad, NM 88220

Financial Security is headquartered in Carlsbad and is the 20th largest credit union in the state of New Mexico. It is also the 2,271st largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 15 employees and 5,126 members at 2 locations. Financial Security has a B+ health rating.

Field of Membership Restrictions

Financial Security Credit Union is open to those who live or work in Eddy County, New Mexico. Immediate family may also join.
See current membership details

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Health
B+
Additional 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. Financial Security has a relatively low asset base.

Health Grade Components

Overall
NCUA #62452
Year Chartered1954
Employees15
Primary Regulator
Profit Margin
Return on Assets - YTD2.8%
Return on Equity - YTD17.1%
Annual Interest Income$702K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$60.8MM$59.8MM
LoansQ1 2025vs Q1 2024$43.1MM$42.2MM
DepositsQ1 2025vs Q1 2024$50.9MM$51.2MM
Equity CapitalQ1 2025vs Q1 2024$9.7MM$8.6MM
Loan Loss AllowanceQ1 2025vs Q1 2024$232K$264K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$391K$455K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Financial Security are currently being reviewed.

Locations


Financial Security Locations
Branch Office1105 W Pierce StCarlsbad, NM 88220-4014
Branch Office2603 S Canal StCarlsbad, NM 88220

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