Sep, 30, 2025 — SOUTHWEST 66 CREDIT UNION is a federally insured state chartered credit union headquartered in ODESSA, TX with 3 branch locations and about $110.71 million in total assets. Opened 77 years ago in 1949, SOUTHWEST 66 CREDIT UNION has about 9,434 members and employs 40 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 66 CREDIT UNION |
|---|---|
| Address: (Main Office) | 4041 E 52nd St ODESSA, TX 79762 |
| Phone: | (432) 363-6600 |
| Fax: | (432) 367-0611 |
| Website: | https://www.southwest66.com |
| Branches: | 3 branch locations |
| Members: | 9,434 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67550 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $110,708,660 |
| CEO/Manager: | Elizabeth Newman |
| Chairperson: | Kriston R Crow |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,529,123 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 35,203,793 |
| Unsecured Loans | 2,015,516 |
| Other Loans | 35,797,227 |
| TOTAL LOANS | 73,016,537 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -349,888 |
| Land And Building | 2,244,241 |
| Other Fixed Assets | 549,307 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 877,748 |
| All Other Assets | 242,261 |
| TOTAL ASSETS | 110,708,660 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 359,322 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 988,603 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 21,232,548 |
| Regular shares | 32,735,233 |
| All Other Shares & Deposits | 43,845,913 |
| TOTAL SHARES & DEPOSITS | 97,813,695 |
| TOTAL LIABILITIES | 99,164,960 |
| Regular Reserve | 0 |
| Other Reserves | -655,191 |
| Undivided Earnings | 12,198,891 |
| TOTAL EQUITY | 11,543,700 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 110,708,660 |
| INCOME & EXPENSE | |
| Loan Income | 3,396,604 |
| Investment Income | 839,575 |
| Other Income | 1,083,222 |
| Total Employee Compensation & Benefits | 2,129,264 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,743,606 |
| Non-operating Income & (Expense) | 2,450 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 443,092 |
| Cost of Funds | 940,477 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 168,208 |
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