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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 158th largest credit union in the state of Texas. It is also the 1,986th largest credit union in the nation. It was established in 1962 and as of June of 2024, it had grown to 29 employees and 8,511 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 2024

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
Employees29
Primary Regulator
Profit Margin
Return on Assets - YTD-1.09%
Return on Equity - YTD-7.31%
Annual Interest Income$3MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$83.5MM$78.2MM
LoansQ2 2024vs Q2 2023$71.4MM$66.3MM
DepositsQ2 2024vs Q2 2023$69.4MM$63.7MM
Equity CapitalQ2 2024vs Q2 2023$12.5MM$13.3MM
Loan Loss AllowanceQ2 2024vs Q2 2023$2.4MM$2.4MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$732K$732K
Real Estate OwnedQ2 2024vs Q2 2023$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
1.75%$2.5k-Maxx Savings
0.25%$500-Primary Savings
0.25%$25-Start Smart
0.25%$25-OMO
0.25%$500-Select Savings
0.25%$500-Holiday Club
0.25%$500-IRA Savings

Southwest Financial Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.40%*$0$25kHigh Yield Checking
OTHER TIERS: 0.25% → $25k+
0.10%$500-Better Than Free
0.10%$500-Select Checking

Southwest Financial Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.80%*$100k*-12 Month CD
OTHER TIERS: 4.65% → $500 - $25k | 4.70% → $25k - $50k | 4.75% → $50k - $100k
4.55%*$100k*-24 Month CD
OTHER TIERS: 4.40% → $500 - $25k | 4.45% → $25k - $50k | 4.50% → $50k - $100k
4.30%*$100k*-36 Month CD
OTHER TIERS: 4.15% → $500 - $25k | 4.20% → $25k - $50k | 4.25% → $50k - $100k

Southwest Financial Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.80%*$100k*-12 Month IRA
OTHER TIERS: 4.65% → $500 - $25k | 4.70% → $25k - $50k | 4.75% → $50k - $100k
4.55%*$100k*-24 Month IRA
OTHER TIERS: 4.40% → $500 - $25k | 4.45% → $25k - $50k | 4.50% → $50k - $100k
4.30%*$100k*-36 Month IRA
OTHER TIERS: 4.15% → $500 - $25k | 4.20% → $25k - $50k | 4.25% → $50k - $100k
Locations


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

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