Southwest Financial Federal Credit Union

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A short history of Southwest Financial FCU

Since its inception in 1962 the Southwest Financial Federal Credit Union has been serving its members in the Dallas, Texas area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Melanie Kennedy, the Southwest Financial FCU has grown its membership to over 10,708 with assets of more than $62,615,493. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (214) 630-7111 or email them at management@swfinancial.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Dallas, TX.

General Information For Southwest Financial FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 15327
Address 7610 N Stemmons Fwy Ste 110 
City Dallas 
State Texas 
Zip-Code 75247
Phone Number (214) 630-7111
Fax Number (214) 630-7119
Email Address: management@swfinancial.org
CEO/President Melanie Kennedy
Members 10,708 
Full-Time Employees 28 
Part-Time Employees
Number of Branch Offices
Total Assets 62,615,493 
Website http://swfinancial.org 

Compare Southwest Financial Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Pollock Employees CU Main Office 1140 EMPIRE CENTRAL DR STE 605 75247 (214) 637-3924 No 0.39
The Local CU The LOCAL FCU 8787 N Stemmons Fwy Ste 185 75356 (214) 638-0404 No 0.88
Metro Medical CU Metro Medical Credit Union 8828 N Stemmons Fwy Ste 113 75247 (214) 630-0611 No 1.08
Employees CU Kaufman County Credit Union 315 E Fair St 75142 (972) 932-8323 No 1.48
Southwest Airlines CU Houston Branch 8441 Gulf Fwy Ste 103 77017 (713) 649-6550 No 1.84

Southwest Financial Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Southwest Financial Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 12.89 3.84 4.11 4.74 4.87
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 451 256 215 237 213
Rank Among All Texas Credit Unions 99 95 77 77 39

Southwest Financial Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.29 0.20 0.49 0.72 0.69
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 90 108 61 221 200
Rank Among All Texas Credit Unions 18 38 12 74 48
Southwest Financial Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.8901,8212,239,044
All Other Unsecured Loans/Lines of Credit 10.2504,6517,346,306
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.00015284,712
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.8402315,285,516
Used Vehicle Loans 4.1102,00431,883,869
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.740131,174,090
Total Other Real Estate Loans/Lines of Credit 4.870421,627,714
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.390771,136,138
TOTAL LOANS & LEASES 8,99150,777,389

Southwest Financial Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 8592,6791116,000
    b. 15 Years or less 4522,70400
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 158,70700

OTHER REAL ESTATE

Closed-End Fixed Rate 421,627,71400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 552,801,8041116,000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Southwest Financial Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes