Sep, 30, 2025 — SOUTHWEST HERITAGE CREDIT UNION is a federally insured state chartered credit union headquartered in ODESSA, TX with 5 branch locations and about $257.00 million in total assets. Opened 77 years ago in 1949, SOUTHWEST HERITAGE CREDIT UNION has about 12,984 members and employs 70 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 HERITAGE CREDIT UNION |
|---|---|
| Address: (Main Office) | 4100 N Faudree Rd ODESSA, TX 79765-8511 |
| Phone: | (432) 250-6040 |
| Fax: | (432) 561-9536 |
| Website: | https://www.swhcu.com |
| Branches: | 5 branch locations |
| Members: | 12,984 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60533 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $256,999,897 |
| CEO/Manager: | Ronny Haynes |
| Chairperson: | Edgar Baiza Jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 51,932,749 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 48,432,972 |
| Unsecured Loans | 3,328,671 |
| Other Loans | 110,440,105 |
| TOTAL LOANS | 162,365,832 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,393,337 |
| Land And Building | 6,744,354 |
| Other Fixed Assets | 655,831 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,627,788 |
| All Other Assets | 885,903 |
| TOTAL ASSETS | 256,999,897 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 28,662 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,581,109 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 59,386,024 |
| Regular shares | 53,216,340 |
| All Other Shares & Deposits | 110,717,046 |
| TOTAL SHARES & DEPOSITS | 223,319,410 |
| TOTAL LIABILITIES | 224,931,354 |
| Regular Reserve | 0 |
| Other Reserves | -455,774 |
| Undivided Earnings | 32,524,317 |
| TOTAL EQUITY | 32,068,543 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 256,999,897 |
| INCOME & EXPENSE | |
| Loan Income | 8,376,663 |
| Investment Income | 1,892,594 |
| Other Income | 1,815,578 |
| Total Employee Compensation & Benefits | 4,409,189 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,683,469 |
| Non-operating Income & (Expense) | 31,130 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 405,111 |
| Cost of Funds | 2,992,145 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,193,148 |
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