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 158th largest credit union in the state of Texas. It is also the 1,987th largest credit union in the nation. It was established in 1962 and as of September of 2024, it had grown to 29 employees and 8,444 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+
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-0.62%
Return on Equity - YTD-4.09%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$83.1MM$82.2MM
LoansQ3 2024vs Q3 2023$72.5MM$68.6MM
DepositsQ3 2024vs Q3 2023$69.5MM$67.4MM
Equity CapitalQ3 2024vs Q3 2023$12.6MM$13.4MM
Loan Loss AllowanceQ3 2024vs Q3 2023$2.5MM$2.4MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$1.2MM$1.1MM
Real Estate OwnedQ3 2024vs Q3 2023$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
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
4.05%*$100k*-12 Month CD
OTHER TIERS: 3.90% $500 - $25k | 3.95% $25k - $50k | 4.00% $50k - $100k
3.55%*$100k*-24 Month CD
OTHER TIERS: 3.40% $500 - $25k | 3.45% $25k - $50k | 3.50% $50k - $100k
3.05%*$100k*-36 Month CD
OTHER TIERS: 2.90% $500 - $25k | 2.95% $25k - $50k | 3.00% $50k - $100k

Southwest Financial Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.05%*$100k*-12 Month IRA
OTHER TIERS: 3.90% $500 - $25k | 3.95% $25k - $50k | 4.00% $50k - $100k
3.55%*$100k*-24 Month IRA
OTHER TIERS: 3.40% $500 - $25k | 3.45% $25k - $50k | 3.50% $50k - $100k
3.05%*$100k*-36 Month IRA
OTHER TIERS: 2.90% $500 - $25k | 2.95% $25k - $50k | 3.00% $50k - $100k
Locations


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

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