Credit union · NCUA insured
First Basin Credit Union
A $340.1M credit union headquartered in Odessa, TX, with 30,078 members and 7 branches in Texas. Best rates: CDs 2.50% and savings 0.50% APY.
First Basin Credit Union Carrot Score
85
Carrot Score
Higher than 68% of U.S. banks and credit unions
#4 of 15 in Odessa, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About First Basin Credit Union
Founded in 1965 in the basement of Medical Center Hospital as Medical Center Employees Credit Union, the institution originally served the medical community.
First Basin Credit Union is a member-owned financial institution headquartered in Odessa, Texas.
Renamed First Basin Credit Union in 2005, it serves 17 West Texas counties across the Permian Basin and South Plains.
The credit union provides personal and business banking solutions and is an SBA Preferred Lender.
- Headquarters
- 7100 E Highway 191, Odessa, TX 79765
- NCUA charter
- 67609
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or go to school in any of 17 specified West Texas counties are eligible for membership.
Cost to join
- A refundable deposit of $25 into a savings account is required for membership.
Branches
7 branches in Texas
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Texas
7 branches
Odessa area · 4
- First Basin Credit UnionMain office7100 E Highway 191, Odessa, TX 79765Directions
- First Basin Credit Union713 Golder Ave, Odessa, TX 79761Directions
- First Basin Credit Union4217 N Grandview Ave, Odessa, TX 79762Directions
- First Basin Credit Union2740 N County Rd W, Odessa, TX 79764Directions
Andrews area · 1
- First Basin Credit Union1000 S Main St, Andrews, TX 79714Directions
Lubbock area · 1
- First Basin Credit Union3805 19th St, Lubbock, TX 79410Directions
Midland area · 1
- First Basin Credit Union3316 N Midland Dr, Midland, TX 79707Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 11.46% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.29% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.59% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $57 | $76 | — |
- CapitalNet worth ratio11.46%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.29%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.59%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$57Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of First Basin Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.