Southwest Airlines Federal Credit Union
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 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
Horrible Interface
They must use the same computer systems as Southwest Airlines. Full of glitches and error screens. Avoid this credit union at all costs.
Horrible Credit Union And Its Employees
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
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 22157 |
| Year Chartered | 1975 |
| Employees | 126 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.35% |
| Return on Equity - YTD | 3.16% |
| Annual Interest Income | $10MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $817MM$779.1MM |
| Loans | Q1 2025vs Q1 2024 | $586MM$596.2MM |
| Deposits | Q1 2025vs Q1 2024 | $719.1MM$685.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $89.6MM$83.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $7.1MM$3.8MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $3.7MM$4.8MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |