Sandia Laboratory Federal Credit Union


Overview / Commentary
505-293-0500
3707 Juan Tabo Blvd NE
Albuquerque, NM 87111

Sandia Laboratory Federal Credit Union is headquartered in Albuquerque and is the 2nd largest credit union in the state of New Mexico. It is also the 119th largest credit union in the nation. It was established in 1948 and as of September of 2023, it had grown to 485 employees and 142,947 members at 11 locations. Sandia Laboratory Federal Credit Union's money market rates are 7X the national average, and it has a C+ health rating.

Field of Membership Restrictions

Membership in Sandia Laboratory Federal Credit Union is open to employees of Sandia National Laboratories, Science Applications International Corporation, and over 300 other companies. Membership is also open to members of the National Museum of Nuclear Science & History (New Mexico residents only).
See current membership details

Reviews (3)

Currently They Have The Best Rate, 1.35% For Two Years, $500,000 Minimum

Posted by: |

Besides their regular qualification, you have to be:
• A resident of New Mexico or California
• A member of National Museum of Nuclear Science & History for $30 at a local branch OR
• A member of the Albuquerque International Association $60 individual per year Jan to Dec

They do a soft pull with Experian, not Equifax as I was told initially. Fortunately I unfroze with all three.

During the process at a local branch, only to be told I had to unfreeze with ChexSystem also. Fortunately I had the pin number with me to unfreeze. Took additional 25 minutes.

I love this credit union!

When I first applied for an account at Sandia, I was very pleased to learn that I could bank with this credit union without paying banking fees. I am happy with the personalized service I received. I had some issues with my accounts while out of the country and my banker went above and beyond to assist me in resolving them. I would recommend Sandia to all whom fit the criteria to bank with them!

A great local bank

I really enjoy using this bank. I had a problem while traveling in a foreign country. They assisted me perfectly, and kept our vacation experience positive. The woman I spoke with on the phone was very understanding, nice and helpful. She made sure that my checking and savings were going to continue working on my trip. I guess that by spending so much time out of the country it flagged all of my accounts, and denied me usage on both of my checking, and savings accounts. Apparently someone that worked at one of the places that I went, copied my card number, and tried to use it to buy a boat. They stopped the purchase, and froze all my accounts. I didn't find out until I went to pay for gas, and my card wouldn't work. I would recommend this bank to anyone!



Health
C+

Health Grade Components

Overall
NCUA #5851
Year Chartered1948
Employees485
Primary Regulator
Profit Margin
Return on Assets - YTD0.13%
Return on Equity - YTD3.76%
Annual Interest Income$89.7MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$3.61B$3.45B
LoansQ3 2023vs Q3 2022$1.95B$1.61B
DepositsQ3 2023vs Q3 2022$3.12B$3.29B
Equity CapitalQ3 2023vs Q3 2022$122.9MM$123.6MM
Loan Loss AllowanceQ3 2023vs Q3 2022$17.5MM$6.8MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$6.9MM$4.3MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Sandia Laboratory 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 Laboratory Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$10k*-Share Savings
OTHER TIERS: 0.10% $100 - $10k
0.15%*$10k*-IRA Savings
OTHER TIERS: 0.10% $5 - $10k

Sandia Laboratory Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.05%*$250k*-Business Money Maker Account - 1st Year Promotional
OTHER TIERS: 0.25% Up to $2.5k | 1.01% $2.5k - $25k | 1.26% $25k - $50k | 2.28% $50k - $100k | 2.79% $100k - $250k
3.04%*$1$2.5kPower Money Market Savings
OTHER TIERS: 0.10% $25k+ | 0.20% $15k - $25k | 0.25% $10k - $15k | 0.50% $5k - $10k | 1.51% $2.5k - $5k
2.79%*$250k*-Business Money Maker Account
OTHER TIERS: 0.75% $2.5k - $25k | 1.01% $25k - $50k | 2.02% $50k - $100k | 2.53% $100k - $250k
0.75%*$50k*- Money Market Savings
OTHER TIERS: 0.25% $2.5k - $10k | 0.40% $10k - $25k | 0.55% $25k - $50k

Sandia Laboratory Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Money Manager Checking

Sandia Laboratory Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*$100k*-14 Month MEGA CD Special - New Money
OTHER TIERS: 4.35% $5k - $25k | 4.51% $25k - $50k | 4.67% $50k - $75k | 4.84% $75k - $100k
4.33%$500-13 Month CD Special
4.00%$500-16 Month Flex
3.65%*$200k*-18 Month Bump Up CD
OTHER TIERS: 3.50% $500 - $50k | 3.55% $50k - $100k | 3.60% $100k - $200k
3.65%*$200k*-12 Month CD
OTHER TIERS: 3.50% $500 - $50k | 3.55% $50k - $100k | 3.60% $100k - $200k
3.24%*$200k*-36 Month CD
OTHER TIERS: 3.09% $500 - $50k | 3.14% $50k - $100k | 3.19% $100k - $200k
3.24%*$200k*-60 Month CD
OTHER TIERS: 3.09% $500 - $50k | 3.14% $50k - $100k | 3.19% $100k - $200k
3.24%$500k-24 Month CD w/ 5L Minimum
3.19%*$200k*-24 Month CD
OTHER TIERS: 3.04% $500 - $50k | 3.09% $50k - $100k | 3.14% $100k - $200k
3.19%*$200k*-48 Month CD
OTHER TIERS: 3.04% $500 - $50k | 3.09% $50k - $100k | 3.14% $100k - $200k
2.93%*$200k*-6 Month CD
OTHER TIERS: 2.78% $500 - $50k | 2.83% $50k - $100k | 2.88% $100k - $200k
1.56%*$200k*-3 Month CD
OTHER TIERS: 1.40% $500 - $50k | 1.45% $50k - $100k | 1.51% $100k - $200k

Sandia Laboratory Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.33%$500-13 Month IRA Special
3.71%*$200k*-18 Month Bump Up IRA
OTHER TIERS: 3.55% $500 - $50k | 3.60% $50k - $100k | 3.65% $100k - $200k
3.71%*$200k*-12 Month IRA
OTHER TIERS: 3.55% $500 - $50k | 3.60% $50k - $100k | 3.65% $100k - $200k
3.29%*$200k*-36 Month IRA
OTHER TIERS: 3.14% $500 - $50k | 3.19% $50k - $100k | 3.24% $100k - $200k
3.29%*$200k*-60 Month IRA
OTHER TIERS: 3.14% $500 - $50k | 3.19% $50k - $100k | 3.24% $100k - $200k
3.29%$500k-24 Month IRA w/ 5L Minimum
3.24%*$200k*-24 Month IRA
OTHER TIERS: 3.09% $500 - $50k | 3.14% $50k - $100k | 3.19% $100k - $200k
3.24%*$200k*-48 Month IRA
OTHER TIERS: 3.09% $500 - $50k | 3.14% $50k - $100k | 3.19% $100k - $200k
2.99%*$200k*-6 Month IRA
OTHER TIERS: 2.83% $500 - $50k | 2.88% $50k - $100k | 2.93% $100k - $200k
1.61%*$200k*-3 Month IRA
OTHER TIERS: 1.45% $500 - $50k | 1.51% $50k - $100k | 1.56% $100k - $200k
Locations

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