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Southwest Financial Federal Credit Union


Overview / Commentary
swfinancial.org
214-630-7111
1750 Valley View Ln Ste 110
Farmers Branch, TX 75234

Southwest Financial Federal Credit Union is headquartered in Farmers Branch and is the 167th largest credit union in the state of Texas. It is also the 2,065th largest credit union in the nation. It was established in 1962 and as of June of 2023, it had grown to 28 employees and 8,893 members at 1 location. Southwest Financial Federal Credit Union's CD rates are 5X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of Kroger or other select area companies.
See current membership details

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Health
B+

Data as of Q2 2023

Learn why bank health matters
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 Financial Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #15327
Year Chartered1962
Employees28
Primary Regulator
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD4.79%
Annual Interest Income$2.6MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$78.2MM$74.9MM
LoansQ2 2023vs Q2 2022$66.3MM$61.2MM
DepositsQ2 2023vs Q2 2022$63.7MM$60.7MM
Equity CapitalQ2 2023vs Q2 2022$13.3MM$12.8MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$2.5MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$732.00K$687.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Southwest Financial 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 Financial Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$2.5k-Primary Savings
1.50%$2.5k-Start Smart
1.50%$2.5k-OMO
1.50%$2.5k-Select Savings
1.50%$100-Holiday Club
1.50%$100-IRA Savings

Southwest Financial Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.40%*-$25kHigh Yield Checking
OTHER TIERS: 0.50% → $25k+
0.25%$500-Better Than Free
0.25%$500-Select Checking

Southwest Financial Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*$100k*-36 Month CD
OTHER TIERS: 4.86% → $500 - $25k | 4.90% → $25k - $50k | 4.95% → $50k - $100k
4.95%*$100k*-24 Month CD
OTHER TIERS: 4.80% → $500 - $25k | 4.86% → $25k - $50k | 4.90% → $50k - $100k
4.90%*$100k*-12 Month CD
OTHER TIERS: 4.75% → $500 - $25k | 4.80% → $25k - $50k | 4.86% → $50k - $100k

Southwest Financial Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*$100k*-36 Month IRA
OTHER TIERS: 4.86% → $500 - $25k | 4.90% → $25k - $50k | 4.95% → $50k - $100k
4.95%*$100k*-24 Month IRA
OTHER TIERS: 4.80% → $500 - $25k | 4.86% → $25k - $50k | 4.90% → $50k - $100k
4.90%*$100k*-12 Month IRA
OTHER TIERS: 4.75% → $500 - $25k | 4.80% → $25k - $50k | 4.86% → $50k - $100k
Locations


Southwest Financial Federal Credit Union Locations
Corporate Office1750 Valley View Ln Ste 110Farmers Branch, TX 75234-9024

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