Overview / Commentary
505-243-6751
8111 Harper Dr NE
Albuquerque, NM 87111-1046

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 2,102nd largest credit union in the nation. It was established in 1936 and as of June of 2018, it had grown to 21 employees and 5,049 members at 4 locations. Southwest Federal Credit Union's money market rates are 14% 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.
See current membership details

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Health
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 Chartered1936
Employees21
Primary Regulator
Profit Margin
Return on Assets - YTD0.07%
Return on Equity - YTD0.91%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$62.3MM$61.4MM
LoansQ2 2018vs Q2 2017$34.0MM$31.3MM
DepositsQ2 2018vs Q2 2017$57.4MM$56.1MM
Equity CapitalQ2 2018vs Q2 2017$4.6MM$4.8MM
Loan Loss AllowanceQ2 2018vs Q2 2017$118.00K$103.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$13.00K$53.00K
Real Estate OwnedQ2 2018vs Q2 2017$245.00K$244.00K
Rates
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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

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Money Market Account
OTHER TIERS: 0.10% Up to $5k | 0.20% $5k - $25k | 0.30% $25k - $50k

Southwest Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$500*-Prestige Checking
OTHER TIERS: 0.05% $100 - $500
0.05%$100-Preferred Rewards Checking

Southwest Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$1k-60 Month CD
1.95%$1k-48 Month CD
1.75%$1k-36 Month CD
1.50%$1k-30 Month CD
1.45%$1k-24 Month CD
1.15%$1k-18 Month CD
1.00%$1k-12 Month CD
0.90%$1k-6 Month CD
0.65%$1k-3 Month CD

Southwest Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$1k-60 Month IRA
1.95%$1k-48 Month IRA
1.75%$1k-36 Month IRA
1.50%$1k-30 Month IRA
1.45%$1k-24 Month IRA
1.15%$1k-18 Month IRA
1.00%$1k-12 Month IRA
0.90%$1k-6 Month IRA
0.65%$1k-3 Month IRA
Locations


Southwest Federal Credit Union Locations
Branch Office111 S Miller AveFarmington, NM 87401
Branch Office6100 Coors Blvd NWAlbuquerque, NM 87120
Branch Office8111 Harper Dr NEAlbuquerque, NM 87111-1046
Branch Office7600 4th St NWLos Ranchos, NM 87107-6632

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