Houston Metropolitan Federal Credit Union

Overview / Commentary
608 E Tidwell Rd
Houston, TX 77022

Houston Metropolitan Federal Credit Union is headquartered in Houston and is the 166th largest credit union in the state of Texas. It is also the 2,112th largest credit union in the nation. It was established in 1945 and as of September of 2019, it had grown to 33 employees and 16,223 members at 2 locations. Houston Metropolitan Federal Credit Union's CD rates are 50% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in select areas of Houston, Texas.
See current membership details

Reviews (1)

Star Customer Serivice

Posted by: |

I am very pleased with the customer service for this credit union. When ever I contact them I receive star customer service. There was a time when my card had expired and I needed a new check card I contacted them and the customer service person was very polite in getting me my new card in a quick and timely manner. There was another time when I did not see my deposit shown in my balance and I needed an explanation why my funds were not available and the customer service representative was very kind in explaining the process of making a deposit and funds availability. I had another experience where I need to go into the location to make a deposit. The lines were short and I was seen very quickly by the customer service representatives.

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. Houston Metropolitan Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #24570
Year Chartered1945
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD2.84%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$61.7MM$57.7MM
LoansQ3 2019vs Q3 2018$44.3MM$41.0MM
DepositsQ3 2019vs Q3 2018$53.0MM$49.8MM
Equity CapitalQ3 2019vs Q3 2018$6.2MM$5.3MM
Loan Loss AllowanceQ3 2019vs Q3 2018$346.00K$387.00K
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$375.00K$381.00K
Real Estate OwnedQ3 2019vs Q3 2018$0$0
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Houston Metropolitan Federal Credit Union Savings Account Rates

0.50%$100-IRA Savings Account
0.10%$500-Savings Account
0.10%$200-Holiday Club Account
0.10%$200-Vacation Account

Houston Metropolitan Federal Credit Union Money Market Rates

0.25%$2.5k-Money Market Account

Houston Metropolitan Federal Credit Union Checking Account Rates

0.05%$200-Silver Checking Account
0.05%$500-VIP Checking Account
0.05%$500-Bonus Checking Account
0.05%$5-Met Setters Checking
0.05%$500-Business Checking

Houston Metropolitan Federal Credit Union CD Rates

1.65%$1k-36 Month Share Certificate
1.55%$1k-24 Month Share Certificate
1.35%$1k$10k12 Month Share Certificate
0.70%$1k$10k6 Month Share Certificate

Houston Metropolitan Federal Credit Union Locations
Branch Office608 E Tidwell RdHouston, TX 77022
Branch Office611 Walker St 1st FloorHouston, TX 77002

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