Overview / Commentary
Select Federal Credit Union is headquartered in SAN ANTONIO and is the 186th largest credit union in the state of Texas. It is also the 2,389th largest credit union in the nation. It was established in 1939 and as of December of 2020, it had grown to 15 employees and 6,665 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 Q4 2020
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 | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.99% |
| Return on Equity - YTD | 6.04% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $53.3MM$46.8MM |
| Loans | Q4 2020vs Q4 2019 | $40.3MM$40.8MM |
| Deposits | Q4 2020vs Q4 2019 | $44.0MM$38.0MM |
| Equity Capital | Q4 2020vs Q4 2019 | $8.7MM$8.2MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $378.00K$309.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $266.00K$411.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |