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901 Avenue Q
Lubbock, TX 79401

Westex Federal Credit Union is headquartered in Lubbock and is the 160th largest credit union in the state of Texas. It is also the 2,035th largest credit union in the nation. It was established in 1946 and as of June of 2017, it had grown to 15 employees and 6,642 members at 3 locations. Westex Federal Credit Union has an A health rating.

Field of Membership Restrictions

You can join if you live, work or worship in Lubbock County or Hale County in Texas.
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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. Westex Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #5373
Year Chartered1946
Primary Regulator
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD5.36%
Annual Interest Income$981.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$65.7MM$62.6MM
LoansQ2 2017vs Q2 2016$27.6MM$28.3MM
DepositsQ2 2017vs Q2 2016$57.9MM$55.1MM
Equity CapitalQ2 2017vs Q2 2016$7.3MM$7.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$129.00K$363.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$81.00K$399.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0

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Westex Federal Credit Union Locations
Branch Office901 Avenue QLubbock, TX 79401
Branch Office509 Quincy StPlainview, TX 79072
Branch Office7802 Indiana AveLubbock, TX 79423