Overview / Commentary
Select Federal Credit Union is headquartered in SAN ANTONIO and is the 184th largest credit union in the state of Texas. It is also the 2,388th largest credit union in the nation. It was established in 1939 and as of June of 2021, it had grown to 12 employees and 6,600 members at 3 locations. Select Federal Credit Union's CD rates are 24% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Select FCU is open to those who live, work, worship or attend school in Eastside San Antonio, and to anyone who belongs to one of their Select Employee Groups.
See current membership details
Health
A
Data as of Q2 2021
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Select Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3064 |
| Year Chartered | 1939 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.38% |
| Return on Equity - YTD | 8.58% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $56.4MM$51.5MM |
| Loans | Q2 2021vs Q2 2020 | $40.6MM$40.0MM |
| Deposits | Q2 2021vs Q2 2020 | $46.5MM$42.4MM |
| Equity Capital | Q2 2021vs Q2 2020 | $9.1MM$8.3MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $362.00K$353.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $84.00K$194.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |