Sandia Area Federal Credit Union

Overview / Commentary
8000 Palomas Ave NE
Albuquerque, NM 87109

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 407th largest credit union in the nation. It was established in 1956 and as of June of 2022, it had grown to 160 employees and 76,774 members at 7 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 Rio Rancho city and the counties of Bernalillo, Cibola, Torrance and Valencia. Membership also is offered to those who subscribe to permaculture ethics; those who have completed a Permaculture Institute-recognized permaculture design course and those who are members of an affiliated regional Permaculture Institute.
See current membership details

Reviews (2)

Great for Everyone

Posted by: |

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!

Super Bad Service

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....


Health Grade Components

NCUA #11316
Year Chartered1956
Primary Regulator
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD10.21%
Annual Interest Income$13.2MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$1.04B$911.4MM
LoansQ2 2022vs Q2 2021$880.4MM$757.1MM
DepositsQ2 2022vs Q2 2021$900.2MM$788.3MM
Equity CapitalQ2 2022vs Q2 2021$99.8MM$97.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$8.4MM$7.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$385.00K$436.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$7.00K

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


Sandia Area Federal Credit Union Locations
Branch Office8000 Palomas Ave NEAlbuquerque, NM 87109
Branch Office1601 Rio Rancho Dr SERio Rancho, NM 87124
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

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