Southwest Federal Credit Union

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A short history of Southwest FCU

Since its inception in 1936 the Southwest Federal Credit Union has been serving its members in the Albuquerque, 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 Randy Lunsford, the Southwest FCU has grown its membership to over 5,086 with assets of more than $61,422,347. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (505) 243-6751 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 Albuquerque, NM.

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

Charter Number 964
Address PO Box 95410 
City Albuquerque 
State New Mexico 
Zip-Code 87199
Phone Number (505) 243-6751
Fax Number (505) 243-5604
Email Address:
CEO/President Randy Lunsford
Members 5,086 
Full-Time Employees 20 
Part-Time Employees
Number of Branch Offices
Total Assets 61,422,347 

Compare Southwest Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
First Financial CU Pinehill 14 Miles S Hwy 53 87125 (505) 766-5600 No 0.26
Nusenda CU St Michaels 1710 Saint Michaels Dr 87198 (505) 889-7755 No 3.65
Rio Grande CU Downtown 1211 4th St NW 87105 (505) 262-1401 No 4.01
Kirtland CU Kirtland Federal Credit Union Base Branch 3650 Sherman Ave SE 87117 (505) 254-4369 No 4.92
U.s. Eagle CU Thompson Tennessee Branch 2608 Tennessee St NE 87103 (505) 342-8888 No 5.71

Southwest Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Southwest 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 9.83 3.61 5.72 4.37 5.32
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 234 222 412 189 268
Rank Among All New Mexico Credit Unions 6 14 18 10 11

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.31 1.14 0.66
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 126 128 96 146 203
Rank Among All New Mexico Credit Unions 7 16 6 9 13
Southwest Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.8309743,185,894
All Other Unsecured Loans/Lines of Credit 12.9204831,265,778
Short-Term, Small Amount Loans (STS) (Federal CU Only) 22.46026883,039
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.6101563,466,267
Used Vehicle Loans 5.7206758,929,995
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.370536,188,893
Total Other Real Estate Loans/Lines of Credit 5.3201044,084,406
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.8902104,107,693
TOTAL LOANS & LEASES 2,92331,311,965

Southwest 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 304,173,47800
    b. 15 Years or less 232,015,41500
    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 0000


Closed-End Fixed Rate 20977,67500
Closed-End Adjustable Rate 843,106,73110444,000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 15710,273,29910444,000


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

Southwest Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
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