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Southwest Airlines Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.54%
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
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.30%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.46%
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 3/15/2025
3.70%
Our Rating
4.3  / 5
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 3/15/2025
4.50%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.39%
Our Rating
3.1  / 5
Valley National Bank
High-Yield Savings Account Via Raisin
See Offer
Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.25%
Our Rating
3.7  / 5
Sallie Mae Bank
14 Month High-Yield CD Via Raisin
See Offer
Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 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 46th largest credit union in the state of Texas. It is also the 540th largest credit union in the nation. It was established in 1975 and as of December of 2024, it had grown to 118 employees and 59,723 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

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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 Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #22157
Year Chartered1975
Employees118
Primary Regulator
Profit Margin
Return on Assets - YTD0.57%
Return on Equity - YTD5.12%
Annual Interest Income$39MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$799.2MM$776.4MM
LoansQ4 2024vs Q4 2023$588.3MM$604.6MM
DepositsQ4 2024vs Q4 2023$704.3MM$633.4MM
Equity CapitalQ4 2024vs Q4 2023$88.5MM$83MM
Loan Loss AllowanceQ4 2024vs Q4 2023$6.9MM$3.8MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$5.4MM$5.9MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.54%
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
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.30%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.46%
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 3/15/2025
3.70%
Our Rating
4.3  / 5
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 3/15/2025
4.50%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.39%
Our Rating
3.1  / 5
Valley National Bank
High-Yield Savings Account Via Raisin
See Offer
Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/15/2025
4.25%
Our Rating
3.7  / 5
Sallie Mae Bank
14 Month High-Yield CD Via Raisin
See Offer
Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 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%$0-Youth Savings

Southwest Airlines Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%*$50k*-LUV Fund (Money Market)
OTHER TIERS: 3.00% → $2k - $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
4.25%$75k-6 Month Jumbo CD
4.25%$75k-12 Month Jumbo CD
4.00%$1k$75k6 Month CD
4.00%$1k$75k12 Month CD
3.75%$75k-48 Month Jumbo 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
4.25%$75k-6 Month Jumbo IRA
4.25%$75k-12 Month Jumbo IRA
4.00%$1k$75k6 Month IRA
4.00%$1k$75k12 Month IRA
3.75%$75k-48 Month Jumbo 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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.