Cannon Federal Credit Union

  • +1

A short history of Cannon FCU

Since its inception in 1952 the Cannon Federal Credit Union has been serving its members in the CLOVIS, New Mexico 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 Barrett Lynch, the Cannon FCU has grown its membership to over 7,597 with assets of more than $64,961,633. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (575) 791-3353 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CLOVIS, NM.

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

Charter Number 7822
Address PO BOX 2080 
State New Mexico 
Zip-Code 88102
Phone Number (575) 791-3353
Fax Number (575) 791-5287
Email Address:
CEO/President Barrett Lynch
Members 7,597 
Full-Time Employees 20 
Part-Time Employees
Number of Branch Offices
Total Assets 64,961,633 

Compare Cannon Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)

Cannon Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Cannon 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 10.61 4.39 6.98 5.84 7.36
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 308 328 543 356 448
Rank Among All New Mexico Credit Unions 11 24 24 19 21

Cannon Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.25 N/A 0.57 0.40
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 95 N/A 246 243
Rank Among All New Mexico Credit Unions 4 9 N/A 24 20
Cannon Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.6101,2481,603,403
All Other Unsecured Loans/Lines of Credit 9.0506483,639,223
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.3902938,194,157
Used Vehicle Loans 6.9801,13716,340,779
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.840341,663,002
Total Other Real Estate Loans/Lines of Credit 7.3607195,852
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.5603072,643,543
TOTAL LOANS & LEASES 3,67434,279,959

Cannon Federal Credit Union Real Estate Loans and Lines of Credit


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 9926,39000
    b. 15 Years or less 24661,45100
    a. > 15 years 0000
    b. 15 Years or less 175,16100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 111,18900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 6184,66300
TOTALS 411,858,85400


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

Cannon 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 Yes
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