Credit union · NCUA insured
PrimeWay Federal Credit Union
Top CarrotA $731.8M credit union headquartered in Houston, TX, with 49,745 members and 7 branches in Texas. Best rates: CDs 4.25% and savings 3.00% APY.
PrimeWay Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 91% of U.S. banks and credit unions
#14 of 107 in Houston, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About PrimeWay Federal Credit Union
PrimeWay Federal Credit Union is a Houston, Texas-based credit union organized in 1937 as the Houston Telephone Federal Credit Union.
Rebranded under its current name in 2003, the member-owned cooperative serves more than 50,000 members and 150 employers across the greater Houston area.
- Headquarters
- 12811 Northwest Fwy, Houston, TX 77040
- NCUA charter
- 2131
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Membership is open to individuals who live, work, worship, or attend school in Houston, Washington, Fort Bend, or Harris County.
Employers and groups
- Membership is open to employees of PrimeWay partner companies/employers.
Family and household
- Family members (spouse, children, grandchildren, parents, grandparents, or siblings) of an established member are eligible to join.
Cost to join
- A $5 initial deposit in a savings account is required to establish membership.
Branches
7 branches in Texas
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Texas
7 branches
- 290 BranchMain office12811 Northwest Fwy, Houston, TX 77040Directions
- Cypress8878 Barker Cypress Rd, Cypress, TX 77433Directions
- Greenspoint100 Dominion Park Dr, Houston, TX 77090Directions
- Heights4720 Washington Ave, Houston, TX 77007Directions
- Tmh6550 Fannin St Ste 235, Houston, TX 77030Directions
- Missouri City Branch4935 Highway 6, Missouri City, TX 77459Directions
- Sugar Land6540 E Riverpark Dr, Sugar Land, TX 77479Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.81% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.33% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.11% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $97 | $76 | — |
- CapitalNet worth ratio12.81%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.33%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.11%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$97Peers’ 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 PrimeWay Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.