Sep, 30, 2025 — SOUTHWEST FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in FARMERS BRANCH, TX with 1 branch location and about $85.73 million in total assets. Opened 64 years ago in 1962, SOUTHWEST FINANCIAL FEDERAL CREDIT UNION has about 7,765 members and employs 29 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 FINANCIAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1750 Valley View Ln Ste 110 FARMERS BRANCH, TX 75234-9024 |
| Phone: | (214) 630-7111 |
| Fax: | (214) 630-7119 |
| Website: | https://www.swfinancial.org |
| Branches: | 1 branch locations |
| Members: | 7,765 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15327 |
|---|---|
| Membership Type: | Multiple common bond - Primarily finance, insurance, real estate, trade |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $85,729,892 |
| CEO/Manager: | Melanie Kennedy |
| Chairperson: | Ryan Mesh |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,350,751 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 14,838,752 |
| Unsecured Loans | 18,347,859 |
| Other Loans | 41,060,237 |
| TOTAL LOANS | 74,246,849 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,482,346 |
| Land And Building | 0 |
| Other Fixed Assets | 37,246 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 696,170 |
| All Other Assets | 0 |
| TOTAL ASSETS | 85,729,892 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,640 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 620,873 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,314,600 |
| Regular shares | 26,942,614 |
| All Other Shares & Deposits | 34,335,373 |
| TOTAL SHARES & DEPOSITS | 72,592,588 |
| TOTAL LIABILITIES | 73,217,101 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 12,512,791 |
| TOTAL EQUITY | 12,512,791 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 85,729,892 |
| INCOME & EXPENSE | |
| Loan Income | 4,824,810 |
| Investment Income | 174,551 |
| Other Income | 864,138 |
| Total Employee Compensation & Benefits | 2,113,210 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,242,777 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,476,944 |
| Cost of Funds | 973,649 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 76,839 |
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