U-1st Community Federal Credit Union
Overview / Commentary
U-1st Community Federal Credit Union is headquartered in Carlsbad and is the 33rd largest credit union in the state of New Mexico. It is also the 3,673rd largest credit union in the nation. It was established in 1955 and as of March of 2025, it had grown to 3 employees and 864 members at 1 location. U-1st Community Federal Credit Union has a B health rating.
Field of Membership Restrictions
U-1st Community Federal Credit Union is open to businesses and anyone who lives, works, worships, or volunteers in Eddy County, New Mexico. Immediate family may also join.
See current membership details
Health
B
Data as of Q1 2025
Learn why bank health mattersAdditional 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. U-1st Community Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10580 |
| Year Chartered | 1955 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 7.26% |
| Annual Interest Income | $121K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $9.5MM$9MM |
| Loans | Q1 2025vs Q1 2024 | $5.9MM$6.2MM |
| Deposits | Q1 2025vs Q1 2024 | $8.1MM$7.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $1.4MM$1.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $86K$112K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $34K$49K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |