Southwest Financial Federal Credit Union


Overview / Commentary
214-630-7111
7610 N Stemmons Fwy Ste 110
Dallas, TX 75247

Southwest Financial Federal Credit Union is headquartered in Farmers Branch and is the 163rd largest credit union in the state of Texas. It is also the 2,087th largest credit union in the nation. It was established in 1962 and as of March of 2021, it had grown to 28 employees and 10,014 members at 1 location. Southwest Financial Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to employees of Kroger or other select area companies.
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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 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 - YTD1.61%
Return on Equity - YTD10.3%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$76.1MM$70.8MM
LoansQ1 2021vs Q1 2020$54.6MM$54.0MM
DepositsQ1 2021vs Q1 2020$63.1MM$58.5MM
Equity CapitalQ1 2021vs Q1 2020$11.6MM$11.6MM
Loan Loss AllowanceQ1 2021vs Q1 2020$2.2MM$1.9MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$529.00K$628.00K
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$100-IRA Savings
0.05%$2.5k-Primary Savings
0.05%$2.5k-Start Smart
0.05%$2.5k-OMO
0.05%$2.5k-Select Savings

Southwest Financial Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%--High Yield Checking

Southwest Financial Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Office1750 Valley View Ln Ste 110Farmers Branch, TX 75234-9024

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