Credit union · NCUA insured
Southwest 66 Credit Union
A $114.4M credit union headquartered in Odessa, TX, with 9,526 members and 3 branches in Texas. Best rates: CDs 2.25% and savings 0.40% APY.
Southwest 66 Credit Union Carrot Score
63
Carrot Score
Higher than 8% of U.S. banks and credit unions
#13 of 15 in Odessa, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Southwest 66 Credit Union
Southwest 66 Credit Union began in late 1948 as a financial cooperative created to serve Permian Basin employees of Phillips Petroleum Company.
- Headquarters
- 4041 E 52nd St, Odessa, TX 79762
- NCUA charter
- 67550
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Anyone who lives, works, or worships in Midland or Ector County is eligible to join.
Employers and groups
- Employees of sponsoring companies are eligible to join.
Family and household
- Relatives of current eligible members are eligible to join.
Other ways
- Individuals who are part of Cornerstone Friends of the Foundation are eligible to join.
Cost to join
- Membership requires opening a share account with a $1.00 deposit for consumer accounts.
Branches
3 branches in Texas
Loading map…
Texas
3 branches
Odessa area · 2
- Main BranchMain office4041 E 52nd St, Odessa, TX 79762Directions
- West Branch1315 W University Blvd, Odessa, TX 79764Directions
Midland area · 1
- Midland Branch4425 W Wadley Ave Ste 190, 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 | 11.21% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.57% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.43% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $76 | $76 | — |
- CapitalNet worth ratio11.21%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.57%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.43%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$76Peers’ 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 Southwest 66 Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.