Southwest Airlines Federal Credit Union

Headquarters

Po Box 35708
Dallas, TX 75235
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 5.50% →
1-Year CD 0.90% 4.80% →
2-Year CD 1.05% 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Southwest Airlines is an NCUA insured institution located in Dallas, TX. It was founded in 1975 and has approximately $794.64 millions in assets.

Who can join?

Membership Through Your Employer
You may be eligible for membership through your employer. The union currently has over 150 Select Employee Groups (SEG) in its Field of Membership that offer credit union membership eligibility to their employees and members. If you are unsure if you are eligible, you can contact your Human Resources Representative.
Membership Through Your Family
Immediate family and household members are also eligible for membership. This includes spouses, brothers/sisters, parents, grandparents, children, and grandchildren.

NCUA Insured Yes / Federally Chartered
Charter Number # # 22157
Date Established 1975
Assets $794.64 million
Loans $592.30 million
Deposits $696.48 million
Capital $93.51 million
 

Field of Membership Restrictions

Membership in Southwest Airlines Federal Credit Union is open to employees of Southwest Airlines or another select employer or for immediate family of those eligible.

Deposit Rates - November 17, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.40% $2,500 $2,999 Learn More
Money Market
0.50% $10,000 $14,999 Learn More
Money Market
0.50% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.80% $10,000 $14,999 Learn More
12 Mo CD
0.90% $100,000 $199,999 Learn More
18 Mo CD
0.80% $10,000 $14,999 Learn More
18 Mo CD
0.90% $100,000 $199,999 Learn More
24 Mo CD
0.95% $10,000 $14,999 Learn More
24 Mo CD
1.05% $100,000 $199,999 Learn More
30 Mo CD
0.95% $10,000 $14,999 Learn More
30 Mo CD
1.05% $100,000 $199,999 Learn More
36 Mo CD
1.05% $10,000 $14,999 Learn More
36 Mo CD
1.15% $100,000 $199,999 Learn More
48 Mo CD
1.10% $10,000 $14,999 Learn More
48 Mo CD
1.20% $100,000 $199,999 Learn More

Loan Rates - November 17, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Southwest Airlines

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
District Lending
NMLS ID: 1835285
6.494% 6.375% 0.75 $4,000 $1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.868% 6.750% 1.00 $3,884 $2,076 Learn More
PADDIO
NMLS ID: 1907
7.181% 7.125% 0.63 $1,802 $2,156 Learn More
Rocket Mortgage
NMLS ID: 3030
7.225% 7.125% 1.00 $3,200 $2,156 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

Note to Southwest Airlines
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Southwest Airlines branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Southwest Airlines Locations around zip code 43085




Climate Policy and Initiatives

SOUTHWEST AIRLINES is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Southwest Airlines Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Southwest Airlines. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Southwest Airlines U.S. Average
3.21% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Southwest Airlines had $2,323,899 in non-current loans and $768,545 in owned assets. To cover these potential losses it had $93,506,000 in net worth and $2,780,172 in loans loss reserves. That gives it a Texas Ratio of 3.21%.

Net Worth
Southwest Airlines U.S. Average
11.76% 13.93%

Southwest Airlines FCU has a net worth of 11.76% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Southwest Airlines

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