Southwest Federal Credit Union

Overview / Commentary

www.sfcunm.org

505-243-6751

8111 Harper Dr NE
Albuquerque, NM 87111

Southwest Federal Credit Union is headquartered in Albuquerque and is the 18^th largest credit union in the state of New Mexico. It is also the 2,045^th largest credit union in the nation. It was established in 1936 and as of September of 2019, it had grown to 21 employees and 4,990 members at 4 locations. Southwest Federal Credit Union's CD rates are 94% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in San Juan County, New Mexico and employees of select area organizations.
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Health

Data as of Q3 2019

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Additional 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. Southwest Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	964
Year Chartered	1936
Employees	21
Primary Regulator

Profit Margin
Return on Assets - YTD	0.25%
Return on Equity - YTD	3.26%
Annual Interest Income	$2.0MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$65.8MM$63.6MM
Loans	Q3 2019vs Q3 2018	$35.4MM$36.1MM
Deposits	Q3 2019vs Q3 2018	$60.4MM$58.6MM
Equity Capital	Q3 2019vs Q3 2018	$5.1MM$4.6MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$145.00K$122.00K
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$49.00K$140.00K
Real Estate Owned	Q3 2019vs Q3 2018	$247.00K$245.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Southwest Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$100	-	IRA Savings
0.25%^*	$100k^*	-	Regular Share
OTHER TIERS: 0.10% → $100 - $50k \| 0.15% → $50k - $100k
0.10%	$100	-	Vacation Club
0.10%	$100	-	Christmas Club

Southwest Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.45%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.15% → Up to $5k \| 0.25% → $5k - $25k \| 0.35% → $25k - $50k

Southwest Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$500^*	-	Prestige Checking
OTHER TIERS: 0.05% → $100 - $500
0.05%	$100	-	Preferred Rewards Checking

Southwest Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$1k	-	60 Month CD
2.10%	$1k	-	48 Month CD
2.00%	$1k	-	36 Month CD
1.95%	$1k	-	30 Month CD
1.85%	$1k	-	24 Month CD
1.80%	$1k	-	18 Month CD
1.75%	$1k	-	12 Month CD
1.50%	$1k	-	6 Month CD
1.00%	$1k	-	3 Month CD

Southwest Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$1k	-	60 Month IRA
2.10%	$1k	-	48 Month IRA
2.00%	$1k	-	36 Month IRA
1.95%	$1k	-	30 Month IRA
1.85%	$1k	-	24 Month IRA
1.80%	$1k	-	18 Month IRA
1.75%	$1k	-	12 Month IRA
1.50%	$1k	-	6 Month IRA
1.00%	$1k	-	3 Month IRA

Locations

Southwest Federal Credit Union Locations
Branch Office	111 S Miller Ave	Farmington, NM 87401
Branch Office	6100 Coors Blvd NW	Albuquerque, NM 87120
Branch Office	8111 Harper Dr NE	Albuquerque, NM 87111-1046
Branch Office	7600 4th St NW	Los Ranchos, NM 87107-6632

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