Southwest Oklahoma Federal Credit Union

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A short history of Southwest Oklahoma FCU

Since its inception in 1958 the Southwest Oklahoma Federal Credit Union has been serving its members in the Lawton, Oklahoma 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 Emmett Meraz, the Southwest Oklahoma FCU has grown its membership to over 6,233 with assets of more than $94,687,926. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (580) 353-0490 or email them at memberserv@swofcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Lawton, OK.

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

Charter Number 12271
Address 1806 NW Liberty Ave 
City Lawton 
State Oklahoma 
Zip-Code 73507
Phone Number (580) 353-0490
Fax Number (580) 353-5068
Email Address: memberserv@swofcu.com
CEO/President Emmett Meraz
Members 6,233 
Full-Time Employees 20 
Part-Time Employees
Number of Branch Offices
Total Assets 94,687,926 
Website http://www.swofcu.com 

Compare Southwest Oklahoma Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Fort Sill CU South Branch 5202 SW Lee Blvd 73502 (580) 510-3057 No 6.15
Comanche County CU Comache County Federal Credit Union 916 W Gore Blvd 73502 (580) 353-3755 No 9.33
Cooperative Employees CU CECU 701 NE 7th St 73005 (405) 247-4522 No 27.73

Southwest Oklahoma Federal Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Southwest Oklahoma 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 10.90 3.00 3.90 5.00 5.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 146 190 268 289
Rank Among All Oklahoma Credit Unions 15 8 13 25 13

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 N/A 0.30 0.30
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 N/A 302 259
Rank Among All Oklahoma Credit Unions N/A 19 N/A 35 28
Southwest Oklahoma Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9005581,013,572
All Other Unsecured Loans/Lines of Credit 7.6004462,129,339
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.00057812,137,123
Used Vehicle Loans 3.9005715,901,404
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.000964,728,621
Total Other Real Estate Loans/Lines of Credit 5.50036997,613
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.5002934,286,172
TOTAL LOANS & LEASES 2,57831,193,844

Southwest Oklahoma 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 15764,84000
    b. 15 Years or less 803,865,2729588,661
Balloon/Hybrid
    a. > 15 years 198,50900
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 34964,648291,398
Closed-End Adjustable Rate 131,16500
Open-End Adjustable Rate 0000
Open-End Fixed Rate 11,80000
TOTALS 1325,726,23411680,059

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 Oklahoma 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 Yes
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes