Overview / Commentary
505-292-6343 ext. 5
8000 Palomas Ave NE
Albuquerque, NM 87109

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's CD rates are 44% higher than the national average, and it 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.
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Reviews (1)

Great for Everyone

Posted by: Terri | Jan 15, 2015

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!



Health

Health Grade Components

Overall
NCUA #11316
Year Chartered1956
Employees137
Primary Regulator
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD8.98%
Annual Interest Income$9.4MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$686.9MM$639.1MM
LoansQ2 2018vs Q2 2017$628.9MM$591.7MM
DepositsQ2 2018vs Q2 2017$590.7MM$555.1MM
Equity CapitalQ2 2018vs Q2 2017$75.2MM$68.9MM
Loan Loss AllowanceQ2 2018vs Q2 2017$5.0MM$5.1MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.7MM$1.8MM
Real Estate OwnedQ2 2018vs Q2 2017$557.00K$37.00K
Rates
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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.

Sandia Area Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$50k*-Traditional Savings
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $50k
0.20%*$50k*-IRA Share Account
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $50k

Sandia Area Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$500k*-IRA Money Market Account
OTHER TIERS: 0.20% $1k - $10k | 0.25% $10k - $25k | 0.30% $25k - $100k | 0.35% $100k - $200k | 0.40% $200k - $250k | 0.45% $250k - $500k
0.50%*$500k*-Peak Money Market
OTHER TIERS: 0.20% $1k - $10k | 0.25% $10k - $25k | 0.30% $25k - $100k | 0.35% $100k - $200k | 0.40% $200k - $250k | 0.45% $250k - $500k

Sandia Area Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Dividend Checking
0.05%$500-Senior Checking

Sandia Area Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.30%$500-48 Month Share Certificate
2.15%$500-36 Month Share Certificate
2.05%$500-24 Month Share Certificate
1.30%$500-12 Month Share Certificate
0.85%$500-6 Month Share Certificate

Sandia Area Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.30%$500-48 Month IRA Share Certificate
2.15%$500-36 Month IRA Share Certificate
2.05%$500-24 Month IRA Share Certificate
1.30%$500-12 Month IRA Share Certificate
0.85%$500-6 Month IRA Share Certificate
Locations


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 Office4001 Office Court Dr Ste 708Santa Fe, NM 87507
Branch Office11301 Montgomery Blvd NEAlbuquerque, NM 87111

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