Credit union · NCUA insured
Southwest Heritage Credit Union
A $262.5M credit union headquartered in Odessa, TX, with 13,108 members and 5 branches in Texas. Best rates: CDs 3.82% and savings 0.50% APY.
Southwest Heritage Credit Union Carrot Score
83
Carrot Score
Higher than 62% of U.S. banks and credit unions
#5 of 15 in Odessa, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Southwest Heritage Credit Union
Formed on April 28, 1949, Southwest Heritage Credit Union is a member-owned financial cooperative that was among the first credit unions chartered in the Permian Basin.
Headquartered in Odessa, Texas, the credit union operates five branch locations and serves residents and workers across six Permian Basin counties.
- Headquarters
- 4100 N Faudree Rd, Odessa, TX 79765-8511
- NCUA charter
- 60533
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This may be incomplete or out of date, so check with the credit union before you apply.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, or worship in Ector, Midland, Andrews, Crane, Ward, or Winkler Counties qualify for membership.
Family and household
- Immediate family members of current Southwest Heritage Credit Union members are eligible for membership.
Cost to join
- A minimum $25.00 deposit in a regular share account is required to maintain membership.
Branches
5 branches in Texas
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Texas
5 branches
Odessa area · 4
- FaudreeMain office4100 N Faudree Rd, Odessa, TX 79765Directions
- Main Office2809 John Ben Shepperd Pkwy, Odessa, TX 79762Directions
- West Branch930 W University Blvd, Odessa, TX 79764Directions
- West Loop Branch2489 W University Blvd, Odessa, TX 79764Directions
Wink area · 1
- Wink Office309 E Hendricks Blvd, Wink, TX 79789Directions
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 | 13.27% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.20% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.20% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $70 | $76 | — |
- CapitalNet worth ratio13.27%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.20%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.20%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$70Peers’ 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 Heritage Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.