Sep, 30, 2025 — SOUTHWEST OKLAHOMA FEDERAL CREDIT UNION is a federal credit union headquartered in LAWTON, OK with 2 branch locations and about $116.57 million in total assets. Opened 68 years ago in 1958, SOUTHWEST OKLAHOMA FEDERAL CREDIT UNION has about 4,912 members and employs 16 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 OKLAHOMA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1806 NW Liberty Ave LAWTON, OK 73507 |
| Phone: | (580) 353-0490 |
| Fax: | (580) 353-5068 |
| Website: | https://www.swofcu.com |
| Branches: | 2 branch locations |
| Members: | 4,912 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12271 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $116,567,046 |
| CEO/Manager: | Emmett Meraz |
| Chairperson: | Kelly McClure |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,195,077 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,022,008 |
| Unsecured Loans | 14,678,365 |
| Other Loans | 40,848,779 |
| TOTAL LOANS | 73,561,158 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -415,519 |
| Land And Building | 1,078,311 |
| Other Fixed Assets | 78,257 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 917,098 |
| All Other Assets | 0 |
| TOTAL ASSETS | 116,567,046 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 883,977 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 23,784,080 |
| Regular shares | 55,941,440 |
| All Other Shares & Deposits | 16,442,723 |
| TOTAL SHARES & DEPOSITS | 96,168,244 |
| TOTAL LIABILITIES | 97,052,221 |
| Regular Reserve | 0 |
| Other Reserves | -832,269 |
| Undivided Earnings | 20,347,094 |
| TOTAL EQUITY | 19,514,825 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 116,567,046 |
| INCOME & EXPENSE | |
| Loan Income | 3,607,248 |
| Investment Income | 891,911 |
| Other Income | 231,042 |
| Total Employee Compensation & Benefits | 1,135,803 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,816,588 |
| Non-operating Income & (Expense) | 4,188 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 72,350 |
| Cost of Funds | 412,465 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,579,409 |
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