Southwest Heritage Credit Union

  • +1

A short history of Southwest Heritage CU

Since its inception in 1949 the Southwest Heritage Credit Union has been serving its members in the ODESSA, 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 Kathleen Rye, the Southwest Heritage CU has grown its membership to over 10,198 with assets of more than $127,831,043. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (432) 367-8993 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 ODESSA, TX.

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

Charter Number 60533
Address PO BOX 4898 
State Texas 
Zip-Code 79760
Phone Number (432) 367-8993
Fax Number (432) 367-6191
Email Address:
CEO/President Kathleen Rye
Members 10,198 
Full-Time Employees 47 
Part-Time Employees
Number of Branch Offices
Total Assets 127,831,043 

Compare Southwest Heritage Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
West Texas Educators CU Fort Stockton Office 401 W Dickinson Blvd 79735 (432) 336-6291 No 0.62
Odessa Employees CU Odessa Employees' Credit Union 1006 E 7th St 79761 (432) 333-2510 No 0.82
First Basin CU First Basin Credit Union 1205 NE 1st St 79764 (432) 333-5600 No 2.22
Thd-6 CU BBVA Compass Bank 1330 E 8th St 79761 (432) 332-9078 No 3.46
Southwest 66 CU West Branch 1315 W University Blvd 79768 (432) 363-3072 No 3.89

Southwest Heritage Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Southwest Heritage 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 13.00 2.50 2.50 5.25 7.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 459 84 52 297 431
Rank Among All Texas Credit Unions 104 27 20 91 115

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.25 0.35 0.65 0.65
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 108 95 89 234 205
Rank Among All Texas Credit Unions 26 34 18 78 50
Southwest Heritage Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 13.0009401,801,980
All Other Unsecured Loans/Lines of Credit 10.0005301,543,015
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.50052416,491,733
Used Vehicle Loans 2.5001,81632,413,805
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.25025020,462,519
Total Other Real Estate Loans/Lines of Credit 7.0009363,583
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.50075319,905,526
TOTAL LOANS & LEASES 4,82292,982,161

Southwest Heritage 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 112,293,4831123,000
    b. 15 Years or less 23918,169,036252,492,483
    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 9363,58300
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 25920,826,102262,615,483


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 Heritage Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
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 No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes