Sandia Area Federal Credit Union is headquartered in Albuquerque and is the 5th largest credit union in the state of New Mexico. It is also the 429th largest credit union in the nation. It was established in 1956 and as of June of 2018, it had grown to 137 employees and 84,884 members at 7 locations. Sandia Area Federal Credit Union has an A health rating.
Membership is open to those who live, work, worship or attend school in Bernalillo County (including Kirtland AFB), the city of Rio Rancho, Cibola County, Torrance County or Valencia County. Membership is also open to those who subscribe to the permaculture ethics, have completed a Permaculture Institute-recognized design course, or 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!
|Return on Assets - YTD||0.99%|
|Return on Equity - YTD||8.98%|
|Annual Interest Income||$9.4MM|
|Assets and Liabilities|
|Assets||Q2 2018vs Q2 2017||$686.9MM$639.1MM|
|Loans||Q2 2018vs Q2 2017||$628.9MM$591.7MM|
|Deposits||Q2 2018vs Q2 2017||$590.7MM$555.1MM|
|Equity Capital||Q2 2018vs Q2 2017||$75.2MM$68.9MM|
|Loan Loss Allowance||Q2 2018vs Q2 2017||$5.0MM$5.1MM|
|Unbacked Noncurrent Loans||Q2 2018vs Q2 2017||$1.7MM$1.8MM|
|Real Estate Owned||Q2 2018vs Q2 2017||$557.00K$37.00K|
Rates for Sandia Area Federal Credit Union are currently being reviewed.
|Sandia Area Federal Credit Union Locations|
|Branch Office||8000 Palomas Ave NE||Albuquerque, NM 87109|
|Branch Office||1601 Rio Rancho Dr SE||Rio Rancho, NM 87124|
|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|
|Branch Office||4001 Office Court Dr Ste 708||Santa Fe, NM 87507|
|Branch Office||11301 Montgomery Blvd NE||Albuquerque, NM 87111|