Westex Federal Credit Union

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A short history of Westex FCU

Since its inception in 1946 the Westex Federal Credit Union has been serving its members in the Lubbock, 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 Vicki Love, the Westex FCU has grown its membership to over 6,642 with assets of more than $65,697,978. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (806) 765-5701 or email them at memberservices@wtfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Lubbock, TX.

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

Charter Number 5373
Address 901 Avenue Q 
City Lubbock 
State Texas 
Zip-Code 79401
Phone Number (806) 765-5701
Fax Number (806) 765-8423
Email Address: memberservices@wtfcu.com
CEO/President Vicki Love
Members 6,642 
Full-Time Employees 15 
Part-Time Employees
Number of Branch Offices
Total Assets 65,697,978 
Website http://www.wtfcu.com 

Compare Westex Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Lubbock Teachers CU Credit Union Office 1628 19th St Rm 222E 79401 (806) 744-8704 No 0.89
Texas Tech CU Main Branch 1802 Texas Tech Parkway 79409 (806) 742-3606 No 2.45
Lubbock Telco CU LUBBOCK TELCO F C U 2802 York Ave Unit D 79490 (806) 797-8044 No 4.18
Alliance CU Midtown Branch 6601 Indiana Ave 79413 (806) 798-5554 No 5.88
Caprock Santa Fe CU Caprock Santa Fe Credit Union 405 Railroad Ave 79364 (806) 828-5825 No 16.20

Westex Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Westex 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 11.90 3.82 6.49 4.69 5.56
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 406 254 498 230 296
Rank Among All Texas Credit Unions 87 93 170 74 61

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.30 0.50 0.79 0.55
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 88 60 209 219
Rank Among All Texas Credit Unions 26 31 11 68 56
Westex Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.900585709,354
All Other Unsecured Loans/Lines of Credit 11.2805852,386,939
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.8201453,797,487
Used Vehicle Loans 6.49070510,436,374
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.690443,347,198
Total Other Real Estate Loans/Lines of Credit 5.560482,668,373
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.2802014,239,468
TOTAL LOANS & LEASES 2,31327,585,193

Westex 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 252,659,277195,866
    b. 15 Years or less 19687,921199,584
    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 482,668,3736575,737
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 926,015,5718771,187


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

Westex 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