Southwest Financial Federal Credit Union

Overview / Commentary

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 167^th largest credit union in the state of Texas. It is also the 2,112^th largest credit union in the nation. It was established in 1962 and as of March of 2022, it had grown to 28 employees and 9,574 members at 1 location. Southwest Financial Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of Kroger or other select area companies.
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Health

B+

Data as of Q1 2022

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 Chartered	1962
Employees	28
Primary Regulator

Profit Margin
Return on Assets - YTD	1.23%
Return on Equity - YTD	7.38%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q1 2022vs Q1 2021	$77.5MM$76.1MM
Loans	Q1 2022vs Q1 2021	$59.2MM$54.6MM
Deposits	Q1 2022vs Q1 2021	$63.5MM$63.1MM
Equity Capital	Q1 2022vs Q1 2021	$12.7MM$11.6MM
Loan Loss Allowance	Q1 2022vs Q1 2021	$2.3MM$2.2MM
Unbacked Noncurrent Loans	Q1 2022vs Q1 2021	$679.00K$529.00K
Real Estate Owned	Q1 2022vs Q1 2021	$0$0

Rates

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Savings
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 Financial Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$2.5k	-	Primary Savings
0.25%	$2.5k	-	Start Smart
0.25%	$2.5k	-	OMO
0.25%	$2.5k	-	Select Savings
0.10%	$100	-	IRA Savings

Southwest Financial Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%	-	-	High Yield Checking

Southwest Financial Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%^*	$100k^*	-	36 Month CD
OTHER TIERS: 0.45% → $500 - $25k \| 0.50% → $25k - $50k \| 0.55% → $50k - $100k
0.55%^*	$100k^*	-	24 Month CD
OTHER TIERS: 0.40% → $500 - $25k \| 0.45% → $25k - $50k \| 0.50% → $50k - $100k
0.50%^*	$100k^*	-	12 Month CD
OTHER TIERS: 0.35% → $500 - $25k \| 0.40% → $25k - $50k \| 0.45% → $50k - $100k

Southwest Financial Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%^*	$100k^*	-	36 Month IRA
OTHER TIERS: 0.45% → $500 - $25k \| 0.50% → $25k - $50k \| 0.55% → $50k - $100k
0.55%^*	$100k^*	-	24 Month IRA
OTHER TIERS: 0.40% → $500 - $25k \| 0.45% → $25k - $50k \| 0.50% → $50k - $100k
0.50%^*	$100k^*	-	12 Month IRA
OTHER TIERS: 0.35% → $500 - $25k \| 0.40% → $25k - $50k \| 0.45% → $50k - $100k

Locations

Southwest Financial Federal Credit Union Locations
Corporate Office	1750 Valley View Ln Ste 110	Farmers Branch, TX 75234-9024

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