Sandia Area Federal Credit Union


Overview / Commentary
505-292-6343
8000 Palomas Ave NE
Albuquerque, NM 87109

Sandia Area Federal Credit Union is headquartered in Albuquerque and is the 6th largest credit union in the state of New Mexico. It is also the 377th largest credit union in the nation. It was established in 1956 and as of December of 2024, it had grown to 198 employees and 93,236 members at 8 locations. Sandia Area Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership to Sandia Area Federal Credit Union is open to those who work, worship, live or attend school, or business and other legal entities located in the New Mexico counties of Bernalillo, Cibola, Torrance, or Valencia, or the city of Rio Rancho. Membership is also offered to those who subscribe to permaculture ethics, those who have completed a Permaculture Institute-recognized permaculture design course, or those who are members of an affiliated regional Permaculture Institute.
See current membership details

Reviews (2)

Don't Trust Sandia Area CU For A Loan.

Posted by: |

Back in 2021, I applied for a Vehicle Loan. Not only did I have an 800+ Credit Score, I had 2 fairly new paid off vehicle as collateral. Not only did my loan get denied, I was never given a reason as to why they made their decision and it also left a hard inquiry on my credit report. I went to Mountain America Credit Union with the same request, and got my vehicle loan at 2.9%. Mountain America has way better customer service too. My recommendation is to seriously consider a different Credit Union.

Terrible Platform, Terrible Service. Wasted Hours Of My Life.

Posted by: |

Wasted hours trying to open an account online. Their web is bugged. Keep saying routing number is incorrect.
I have used my current checking account's routing number for bills pay and funds transfer all the time and never had an issue.
I have called in and spoke with a rep and no help. Then try to talk to a supervisor and got no help there. The supervisor won't even acknowledge the problem. Keep saying its my problem. Completely useless.

Wasted 3 hours of my life. Stay away!!!



Health

Health Grade Components

Overall
NCUA #11316
Year Chartered1956
Employees198
Primary Regulator
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD8.15%
Annual Interest Income$53.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.25B$1.18B
LoansQ4 2024vs Q4 2023$1.1B$1B
DepositsQ4 2024vs Q4 2023$1.09B$1.03B
Equity CapitalQ4 2024vs Q4 2023$128.4MM$115.4MM
Loan Loss AllowanceQ4 2024vs Q4 2023$7.3MM$7.5MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$1.3MM$994K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

Rates for Sandia Area Federal Credit Union are currently being reviewed.

Locations


Sandia Area Federal Credit Union Locations
Branch Office8000 Palomas Ave NEAlbuquerque, NM 87109
Branch Office1601 Rio Rancho Blvd SERio Rancho, NM 87124-1093
Branch Office6410 Coors Blvd NWAlbuquerque, NM 87120
Branch Office1850 Wyoming Blvd SEAlbuquerque, NM 87117
Branch Office8505 Candelaria Rd NEAlbuquerque, NM 87112
Branch Office4881 Main StreetSanta Fe, NM 87507
Branch Office11301 Montgomery Blvd NEAlbuquerque, NM 87111
Corporate Office3721 Rutledge Rd NE Ste AAlbuquerque, NM 87109-5566

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