Houston Federal Credit Union

Overview / Commentary
16320 Kensington Dr
Sugar Land, TX 77479-4097

Houston Federal Credit Union is headquartered in Sugar Land and is the 35th largest credit union in the state of Texas. It is also the 443rd largest credit union in the nation. It was established in 1960 and as of March of 2024, it had grown to 180 employees and 68,904 members at 12 locations. Houston Federal Credit Union's CD rates are 6X the national average, and it has a B+ health rating.

Field of Membership Restrictions

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

Reviews (4)

Excellent Credit Union

Posted by: |

The credit union really has everything you could ask for. Their workers are super polite and very helpful, the service I receive from them is increasingly pleasant, and they have many locations so they're always nearby. I have never had any issues with any payments or errors on any of my statements and any time there is something suspicious on my account, they contact me immediately and let me know the situation. I would highly recommend this credit union.

Customer Service Is Lacking

Posted by: |

Good luck if you want to get someone to talk to you on the phone about your account.  After answering several pesonal quetsions by the "answering pool", I was told to leave a message or call back.

Pulling My Account

Posted by: |

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.

Incompetent Rude Horrible Customer Service

Posted by: |

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.


Health Grade Components

NCUA #14091
Year Chartered1960
Primary Regulator
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD5.61%
Annual Interest Income$11.6MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$1.01B$915.6MM
LoansQ1 2024vs Q1 2023$585.8MM$565MM
DepositsQ1 2024vs Q1 2023$847.3MM$840.1MM
Equity CapitalQ1 2024vs Q1 2023$74.9MM$67.9MM
Loan Loss AllowanceQ1 2024vs Q1 2023$3.8MM$1.8MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$2.2MM$1.1MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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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.

Houston Federal Credit Union Savings Account Rates

2.35%*$100k*-IRA Share
OTHER TIERS: 1.80% $0 - $100k
1.80%$0-Health Savings Account
0.25%*$100k*-Regular Savings Account
OTHER TIERS: 0.10% $0 - $20k | 0.15% $20k - $100k
0.25%$5-Vacation Club Account
0.25%$5-Holiday Club Account

Houston Federal Credit Union Money Market Rates

2.35%*$100k*-Insured Money Market Rate Account
OTHER TIERS: 1.10% $2k - $10k | 1.15% $10k - $20k | 1.80% $20k - $40k | 2.15% $40k - $100k

Houston Federal Credit Union Checking Account Rates

0.05%$750-Flexible Checking Account
0.03%$0-Platinum Business Checking Account
0.02%$0-Classic Business Checking Account

Houston Federal Credit Union CD Rates

5.02%$100k-12 - 17 Month Jumbo CD
4.90%$500-12 -17 Month CD
4.52%$100k-18 -23 Month Jumbo CD
4.42%$100k-6 -11 Month Jumbo CD
4.40%$500-18-23 Month CD
4.30%$500-6 -11 Month CD
4.27%$100k-24 -29 Month Jumbo CD
4.22%$100k-30 -35 Month Jumbo CD
4.22%$100k-36 - 47 Month Jumbo CD
4.22%$100k-48 -59 Month Jumbo CD
4.22%$100k-60 Month Jumbo CD
4.15%$500-24-29 Month CD
4.10%$500-30 - 35 Month CD
4.10%$500-36 - 47 Month CD
4.10%$500-48 -59 Month CD
4.10%$500-60 Month CD
2.80%$7.5k-7 - 91 Day CD

Houston Federal Credit Union IRA Rates

5.02%$500-12 -17 Month IRA
4.52%$500-18 -23 Month IRA
4.42%$500-6 -11 Month IRA
4.27%$500-24 - 29 Month IRA
4.22%$500-30-35 Month IRA
4.22%$500-36 - 47 Month IRA
4.22%$500-48 -59 Month IRA
4.22%$500-60 Month IRA


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