Credit union · NCUA insured
Southwest Airlines Federal Credit Union
Top CarrotA $870M credit union, with 60,152 members and 3 branches in 2 states. Best rates: CDs 3.75% and savings 2.75% APY.
Southwest Airlines Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 89% of U.S. banks and credit unions
#17 of 115 in Dallas, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Southwest Airlines Federal Credit Union
Southwest Airlines Federal Credit Union was founded on September 22, 1975, and is headquartered in Dallas, Texas.
The credit union operates four branch locations, serving nearly 60,000 members nationwide including over 235 Select Employee Groups in Texas and Arizona.
- NCUA charter
- 22157
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Eligibility through employment or membership in one of over 200 Select Employee Groups (SEGs) in the Field of Membership.
Family and household
- Eligibility for immediate family (spouses, brothers/sisters, parents, grandparents, children, and grandchildren) and household members.
Cost to join
- Maintain a Membership Savings Account open with a minimum balance of $5 to retain membership.
Branches
3 branches in 2 states
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Texas
2 branches
Dallas area · 1
- Euless Branch801 W Euless Blvd Ste 104, Euless, TX 76040Directions
Houston area · 1
- Houston Branch8441 Gulf Fwy Ste 103, Houston, TX 77017Directions
Arizona
1 branch
- Phoenix Branch4645 E Cotton Center Blvd Ste 115, Phoenix, AZ 85040Directions
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 | 11.49% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.59% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.50% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $78 | $76 | — |
- CapitalNet worth ratio11.49%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.59%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.50%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$78Peers’ 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 Airlines 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.