Sandia Area Federal Credit Union is headquartered in Albuquerque and is the 4th largest credit union in the state of New Mexico. It is also the 398th largest credit union in the nation. It was established in 1956 and as of June of 2023, it had grown to 179 employees and 82,124 members at 7 locations. Sandia Area Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.
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 also is 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
My banking experience with Sandia Area Federal Credit Union goes way back. My dad is retired from Sandia Labs here in Albuquerque and this bank was made for those employees. Overtime, the decided to let anyone join. I remember being a kid and going to the bank. Even as a child I knew the bank was something special. They never had any lines and the workers were always friendly. When I grew up and needed a bank, I learned that anyone could now join this bank. I joined right away and I am glad I did. The fees are super low compared to many other banks. The service is very good and I have never had a problem with them. I am very proud to be a member of this bank!
Complete worse treatment I have ever had.... hold money so you don't have it... charges like crazy on fees can't explain... bad customer service they lies and won't help... with hold account info.... and fails to process transaction in order and in timely manner.... I have had one year of nothing but bad service....
Overall | |
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NCUA # | 11316 |
Year Chartered | 1956 |
Employees | 179 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.91% |
Return on Equity - YTD | 9.34% |
Annual Interest Income | $18.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $1.13B$1.04B |
Loans | Q2 2023vs Q2 2022 | $968.9MM$880.4MM |
Deposits | Q2 2023vs Q2 2022 | $984.1MM$900.2MM |
Equity Capital | Q2 2023vs Q2 2022 | $109.7MM$99.8MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$8.4MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $918.00K$385.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Sandia Area 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 | |
---|---|---|---|---|---|
0.15%* | $50k* | - | Traditional Savings | ||
OTHER TIERS: 0.05% → $100 - $1k | 0.10% → $1k - $50k | |||||
0.15%* | $50k* | - | IRA Share Account | ||
OTHER TIERS: 0.05% → Up to $1k | 0.10% → $1k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.00% | $500 | - | Grow Money Market | ||
0.30%* | $250k* | - | IRA Money Market Account | ||
OTHER TIERS: 0.10% → $1k - $25k | 0.15% → $25k - $100k | 0.20% → $100k - $150k | 0.25% → $150k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $500 | - | Dividend Checking | |
0.05% | $500 | - | Senior Checking |
Sandia Area Federal Credit Union Locations | ||
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Branch Office | 11301 Montgomery Blvd NE | Albuquerque, NM 87111 |
Branch Office | 4881 Main Street | Santa Fe, NM 87507 |
Branch Office | 8000 Palomas Ave NE | Albuquerque, NM 87109 |
Branch Office | 1601 Rio Rancho Blvd SE | Rio Rancho, NM 87124-1093 |
Branch Office | 6410 Coors Blvd NW | Albuquerque, NM 87120 |
Branch Office | 1850 Wyoming Blvd SE | Albuquerque, NM 87117 |
Branch Office | 8505 Candelaria Rd NE | Albuquerque, NM 87112 |