Houston Federal Credit Union is headquartered in Sugar Land and is the 38th largest credit union in the state of Texas. It is also the 473rd largest credit union in the nation. It was established in 1960 and as of March of 2025, it had grown to 183 employees and 61,653 members at 12 locations. Houston Federal Credit Union's CD rates are 5X the national average, and it has a B+ health rating.
Houston Federal Credit Union is open to: (1) those who reside, worship, attend school, or work in Houston, TX or live in the communities of Belknap, Highlands, or Brookside in Sugar Land; (2) employees of Fluor Corp, HPQ, Association of Hewlett Packard Employees Inc., the Houston Zoo Inc., Liberty Tax Service or one of the more than 200 Partner groups (a complete list is found on the credit union's website); and (3) family and household members of credit union members.
See current membership details
I have banked with HFCU for over 20 years. I have never bounced a check. I have had several loans with them and never ever paid late, not once. I just deposited a large check and they are not going to clear the funds until January 12th. That is 17 days. I hate losing the long history I have with them but once these funds clear I'm done. I will cancel my account and move my money elsewhere.
We left HFCU after 26 years. The question we asked ourselves after going to another credit union was, Why did we wait so long? Why did we take the years of hassle, incompetence and the rudest customer service? If you choose to bank with this place, watch your account. Watch your credit report and do everything as far as communication in writing. Watch out for misapplied payments and inaccurate reporting. Our new credit union bent over backwards to have our business. The customer service at our new Credit Union was refreshing to say the least and the services offered were more than competitive.
Overall | |
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NCUA # | 14091 |
Year Chartered | 1960 |
Employees | 183 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.19% |
Return on Equity - YTD | 2.28% |
Annual Interest Income | $11.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $955.2MM$1.01B |
Loans | Q1 2025vs Q1 2024 | $554.3MM$585.8MM |
Deposits | Q1 2025vs Q1 2024 | $864.1MM$847.3MM |
Equity Capital | Q1 2025vs Q1 2024 | $80.5MM$74.9MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.3MM$3.8MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.5MM$2.2MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Houston 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $0 | - | 360 Secure Checking | |
0.03% | $0 | - | Platinum Business Checking Account | |
0.02% | $0 | - | Classic Business Checking Account |