Sep, 30, 2025 — SOUTHWEST RESEARCH CENTER FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANTONIO, TX with 2 branch locations and about $86.93 million in total assets. Opened 70 years ago in 1956, SOUTHWEST RESEARCH CENTER FEDERAL CREDIT UNION has about 5,337 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SOUTHWEST RESEARCH CENTER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7215 Culebra Rd SAN ANTONIO, TX 78251-1305 |
| Phone: | (210) 684-1054 |
| Fax: | (210) 684-0670 |
| Website: | https://www.swrcfcu.com |
| Branches: | 2 branch locations |
| Members: | 5,337 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10913 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $86,931,689 |
| CEO/Manager: | Karen S Mathias |
| Chairperson: | Glenn M Light |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,573,393 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,527,732 |
| Unsecured Loans | 7,760,824 |
| Other Loans | 22,272,886 |
| TOTAL LOANS | 42,561,442 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -219,125 |
| Land And Building | 1,012,385 |
| Other Fixed Assets | 245,612 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 751,080 |
| All Other Assets | 0 |
| TOTAL ASSETS | 86,931,689 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 729,774 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 18,324,965 |
| Regular shares | 38,743,506 |
| All Other Shares & Deposits | 20,609,857 |
| TOTAL SHARES & DEPOSITS | 77,678,328 |
| TOTAL LIABILITIES | 78,408,102 |
| Regular Reserve | 0 |
| Other Reserves | -922,691 |
| Undivided Earnings | 9,446,278 |
| TOTAL EQUITY | 8,523,587 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 86,931,689 |
| INCOME & EXPENSE | |
| Loan Income | 1,859,871 |
| Investment Income | 974,364 |
| Other Income | 427,172 |
| Total Employee Compensation & Benefits | 739,844 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,358,881 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 101,169 |
| Cost of Funds | 413,909 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 699,171 |
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