Credit union · NCUA insured
First Watch Credit Union
Top CarrotA $105.5M credit union headquartered in Abilene, TX, with 9,348 members and 2 branches in Texas. Best rates: CDs 3.70% and savings 0.65% APY.
First Watch Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 85% of U.S. banks and credit unions
#3 of 11 in Abilene, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About First Watch Credit Union
First Watch Credit Union is a member-owned financial institution headquartered in Abilene, Texas.
The credit union converted to a community field of membership on November 9, 2000.
- Headquarters
- 1118 Pine St, Abilene, TX 79601-3529
- NCUA charter
- 13290
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Persons who live, work, worship, or attend school in, as well as businesses and other legal entities located in Taylor, Haskell, Jones, Shackelford, Stephens, Nolan, Callahan, Eastland, Runnels, Coleman, Brown, Comanche and Erath counties, Texas are eligible for membership.
Family and household
- Immediate family members (grandparent, parent, spouse, sibling, child, grandchild, adopted children, stepparents, stepchildren, and stepsiblings) of eligible persons or current members, as well as organizations of such persons, are eligible for membership.
- Household members of current members living in the same residence and maintaining a single economic unit are eligible for membership.
Other ways
- Members of record of First Watch Credit Union as of November 9, 2000 are eligible for membership.
- Spouses of persons who died while within the field of membership of First Watch Credit Union are eligible for membership.
Cost to join
- Opening a savings account and establishing membership requires a $26 deposit.
Branches
2 branches in Texas
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Texas
2 branches
- Main Office PineMain office1118 Pine St, Abilene, TX 79601Directions
- Catclaw3324 Catclaw Dr, Abilene, TX 79606Directions
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 | 9.33% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.03% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.19% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $73 | $76 | — |
- CapitalNet worth ratio9.33%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.03%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.19%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$73Peers’ 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 Watch Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.