Overview / Commentary
Security First Credit Union is headquartered in EDINBURG and is the 62nd largest credit union in the state of Texas. It is also the 729th largest credit union in the nation. It was established in 1947 and as of June of 2024, it had grown to 119 employees and 41,702 members at 9 locations. Security First Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Rio Grande Valley.
See current membership details
Related Posts
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5547 |
| Year Chartered | 1947 |
| Employees | 119 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 7.04% |
| Annual Interest Income | $10.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $500.1MM$452.9MM |
| Loans | Q2 2024vs Q2 2023 | $346MM$309.6MM |
| Deposits | Q2 2024vs Q2 2023 | $444.9MM$402.7MM |
| Equity Capital | Q2 2024vs Q2 2023 | $48.6MM$43.6MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $4.8MM$2.7MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $3.4MM$2.5MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |