Sep, 30, 2025 — SOUTHWEST AIRLINES FEDERAL CREDIT UNION is a federal credit union headquartered in Dallas, TX with 4 branch locations and about $831.13 million in total assets. Opened 51 years ago in 1975, SOUTHWEST AIRLINES FEDERAL CREDIT UNION has about 59,674 members and employs 117 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 AIRLINES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 35708 Dallas, TX 75235 |
| Phone: | (214) 357-5577 |
| Fax: | (214) 956-3991 |
| Website: | https://www.swacu.org |
| Branches: | 4 branch locations |
| Members: | 59,674 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22157 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $831,133,902 |
| CEO/Manager: | Cynde Jones |
| Chairperson: | Barry J Bursey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 47,686,834 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 269,930,101 |
| Unsecured Loans | 129,440,367 |
| Other Loans | 193,232,796 |
| TOTAL LOANS | 592,603,264 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,389,190 |
| Land And Building | 7,283,299 |
| Other Fixed Assets | 3,494,255 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,708,797 |
| All Other Assets | 373,301 |
| TOTAL ASSETS | 831,133,902 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,106,940 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,869,828 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 278,888,437 |
| Regular shares | 130,141,542 |
| All Other Shares & Deposits | 318,535,428 |
| TOTAL SHARES & DEPOSITS | 727,565,408 |
| TOTAL LIABILITIES | 736,542,176 |
| Regular Reserve | 0 |
| Other Reserves | -1,753,734 |
| Undivided Earnings | 96,345,460 |
| TOTAL EQUITY | 94,591,726 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 831,133,902 |
| INCOME & EXPENSE | |
| Loan Income | 26,595,648 |
| Investment Income | 4,556,648 |
| Other Income | 6,458,526 |
| Total Employee Compensation & Benefits | 10,201,567 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 8,608,114 |
| Non-operating Income & (Expense) | 1,045,389 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,193,751 |
| Cost of Funds | 12,435,632 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,217,147 |
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