Overview / Commentary
Southwest 66 Credit Union is headquartered in Odessa and is the 140th largest credit union in the state of Texas. It is also the 1,789th largest credit union in the nation. It was established in 1949 and as of March of 2021, it had grown to 43 employees and 10,142 members at 3 locations. Southwest 66 Credit Union's money market rates are 14% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Southwest 66 Credit Union is open to those who live, work, or worship in the city of Midland, Texas or Ector County, Texas.
See current membership details
Health
A
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67550 |
| Year Chartered | 1949 |
| Employees | 43 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.17% |
| Return on Equity - YTD | 1.65% |
| Annual Interest Income | $927.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $101.3MM$86.7MM |
| Loans | Q1 2021vs Q1 2020 | $58.6MM$56.7MM |
| Deposits | Q1 2021vs Q1 2020 | $89.5MM$75.6MM |
| Equity Capital | Q1 2021vs Q1 2020 | $10.4MM$10.1MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $445.00K$579.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $815.00K$546.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |