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Southwest Airlines Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.swacu.org
214-357-5577
2430 Shorecrest
Dallas, TX 75235

Southwest Airlines Federal Credit Union is headquartered in Dallas and is the 45th largest credit union in the state of Texas. It is also the 537th largest credit union in the nation. It was established in 1975 and as of March of 2025, it had grown to 126 employees and 59,990 members at 3 locations. Southwest Airlines Federal Credit Union's money market rates are 9X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Southwest Airlines Federal Credit Union is open to employees of Southwest Airlines or any of more than 150 Select Employee Groups, or for immediate family of those eligible. (Membership details are listed in the credit union's online application)
See current membership details

Reviews (2)

Horrible Interface

Posted by: |

They must use the same computer systems as Southwest Airlines. Full of glitches and error screens. Avoid this credit union at all costs.

1

Horrible Credit Union And Its Employees

Posted by: |

They like like to discriminate and bully people than claim equal credit union to all consumers which is a big lie and scam . After 15 years of being member I am done with this racist bank . Outrageous customer service experience and cruel management! I have nothing nice to say about this bank . Absolutely evil people working there , the hatred and vicious false accusations against consumers and members is beyond disrespectful and unprofessional. Over my dead body I’ll ever do business with this bank and idiots working there . Run away from this bank

1


Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #22157
Year Chartered1975
Employees126
Primary Regulator
Profit Margin
Return on Assets - YTD0.35%
Return on Equity - YTD3.16%
Annual Interest Income$10MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$817MM$779.1MM
LoansQ1 2025vs Q1 2024$586MM$596.2MM
DepositsQ1 2025vs Q1 2024$719.1MM$685.9MM
Equity CapitalQ1 2025vs Q1 2024$89.6MM$83.6MM
Loan Loss AllowanceQ1 2025vs Q1 2024$7.1MM$3.8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$3.7MM$4.8MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not Southwest Airlines 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.

Southwest Airlines Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$100-Regular Savings
0.10%$100-Youth Savings

Southwest Airlines Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%*$50k*-LUV Fund (Money Market)
OTHER TIERS: 3.00% → $0 - $10k | 3.50% → $10k - $50k

Southwest Airlines Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$0$25kLUV Reward Checking

Southwest Airlines Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.30%$75k-12 Month Jumbo CD
4.25%$1k$75k12 Month CD
3.75%$75k-6 Month Jumbo CD
3.75%$75k-48 Month Jumbo CD
3.50%$1k$75k6 Month CD
3.50%$1k$75k48 Month CD
3.50%$75k-36 Month Jumbo CD
3.25%$1k$75k36 Month CD
3.25%$75k-24 Month Jumbo CD
3.00%$1k$75k24 Month CD

Southwest Airlines Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.30%$75k-12 Month Jumbo IRA
4.25%$1k$75k12 Month IRA
3.75%$75k-6 Month Jumbo IRA
3.75%$75k-48 Month Jumbo IRA
3.50%$1k$75k6 Month IRA
3.50%$75k-36 Month Jumbo IRA
3.50%$1k$75k48 Month IRA
3.25%$75k-24 Month Jumbo IRA
3.25%$1k$75k36 Month IRA
3.00%$1k$75k24 Month IRA
1.00%$0-IRA Savings
Locations


Southwest Airlines Federal Credit Union Locations
Branch Office8441 Gulf Fwy Ste 103Houston, TX 77017-5064
Branch Office4645 E Cotton Center Blvd Ste 115Phoenix, AZ 85040
Branch Office801 W Euless Blvd Ste 104Euless, TX 76040-4438

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