Southwest Federal Credit Union is headquartered in Albuquerque and is the 18th largest credit union in the state of New Mexico. It is also the 2,066th largest credit union in the nation. It was established in 1936 and as of June of 2019, it had grown to 22 employees and 4,980 members at 4 locations. Southwest Federal Credit Union's CD rates are 100% higher than the national average, and it has a C+ 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.
See current membership details
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 964 |
| Year Chartered | 1936 |
| Employees | 22 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 3.35% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $64.8MM$62.3MM |
| Loans | Q2 2019vs Q2 2018 | $35.3MM$34.0MM |
| Deposits | Q2 2019vs Q2 2018 | $59.4MM$57.4MM |
| Equity Capital | Q2 2019vs Q2 2018 | $5.0MM$4.6MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $146.00K$118.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $442.00K$13.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $246.00K$245.00K |
Always verify rates and promotions with the bank or credit union. We are not Southwest 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 Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 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 | |
|---|---|---|---|---|---|
| 0.50%* | $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 | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.15%* | $500* | - | Prestige Checking | ||
| OTHER TIERS: 0.05% → $100 - $500 | |||||
| 0.05% | $100 | - | Preferred Rewards Checking | ||
Southwest Federal Credit Union CD Rates
Southwest Federal Credit Union IRA Rates
| 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 |