SOUTHWEST AIRLINES

PO Box 35708
Dallas, TX 75235

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 22157
Date Established 1975
Assets $587.94 million
Loans $411.73 million
Deposits $498.85 million
Capital $65.74 million

Southwest Airlines is an NCUA insured institution located in Dallas, TX. It was founded in 1975 and has approximately $587.94 millions in assets.

Who can join?

Membership Through Your Employer
You may be eligible for membership through your employer. The union currently has over 150 Select Employee Groups (SEG) in its Field of Membership that offer credit union membership eligibility to their employees and members. If you are unsure if you are eligible, you can contact your Human Resources Representative.
Membership Through Your Family
Immediate family and household members are also eligible for membership. This includes spouses, brothers/sisters, parents, grandparents, children, and grandchildren.

Field of Membership Restrictions

Membership in Southwest Airlines Federal Credit Union is open to employees of Southwest Airlines or another select employer or for immediate family of those eligible.

Deposit Rates - September 15, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.50% $2,000 $9,999 Learn MoreShow Less
Money Market
0.60% $10,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
2.15% $1,000 $24,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.70% $1,000 $24,999 Learn MoreShow Less
6 Mo CD
1.80% $75,000 - Learn MoreShow Less
12 Mo CD
2.15% $1,000 $24,999 Learn MoreShow Less
12 Mo CD
2.25% $75,000 - Learn MoreShow Less
18 Mo CD
2.30% $1,000 $24,999 Learn MoreShow Less
24 Mo CD
2.45% $1,000 $24,999 Learn MoreShow Less
24 Mo CD
2.55% $75,000 - Learn MoreShow Less
30 Mo CD
2.45% $1,000 $24,999 Learn MoreShow Less
36 Mo CD
2.55% $1,000 $24,999 Learn MoreShow Less
36 Mo CD
2.65% $75,000 - Learn MoreShow Less
48 Mo CD
2.60% $1,000 $24,999 Learn MoreShow Less
48 Mo CD
2.70% $75,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $100 - Learn MoreShow Less

Loan Rates - September 15, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for SOUTHWEST AIRLINES

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.751% 3.750% 0.00 $25 $1,158 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to SOUTHWEST AIRLINES
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Southwest Airlines branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Southwest Airlines Locations


Financial Details

Southwest Airlines Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Southwest Airlines. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Southwest Airlines U.S. Average
11.73% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, Southwest Airlines had $7,915,441 in non-current loans and $134,513 in owned assets. To cover these potential losses it had $65,741,797 in net worth and $2,872,229 in loans loss reserves. That gives it a Texas Ratio of 11.73%.

Net Worth
Southwest Airlines U.S. Average
11.18% 13.47%

Southwest Airlines FCU has a net worth of 11.18% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Southwest Airlines

Branches and Savings

What is Southwest Airlines?

A federal credit union, registered with the NCUA under certificate #22157.
Learn more about credit unions here.

Is Southwest Airlines FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Southwest Airlines?

Please see Field of Membership information above for information on who is eligible to join.

What are Southwest Airlines's share account and share certificate rates?

Southwest Airlines's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Southwest Airlines?

Southwest Airlines has total capital of $65.74 million. Full information on Southwest Airlines's financial position is located above.

Who owns Southwest Airlines?

Credit Unions are owned by their members.

Where are Southwest Airlines branches located?

See branch locations nearby.

Are Southwest Airlines ATMs Open 24/7?

Do Southwest Airlines ATMs accept cash deposits?

Can Southwest Airlines customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Southwest Airlines have a mobile app?

Does Southwest Airlines have mobile deposit?

Does Southwest Airlines have quick pay?

How can Southwest Airlines transfer money to other banks or credit unions?

Does Southwest Airlines report to credit bureaus?

Does Southwest Airlines use Chexsystems?

Does Southwest Airlines use Equifax?

What is Southwest Airlines's toll free phone number?

What is Southwest Airlines's ACH Routing Number?

What is Southwest Airlines's SWIFT code?

Where can I find Southwest Airlines's wire transfer form?

What is the Southwest Airlines address for deposits?

What Products Does Southwest Airlines Offer

Does Southwest Airlines offer mortgages?

Compare mortgage rates here.

Does Southwest Airlines offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Southwest Airlines offer auto and RV loans?

Compare auto loan rates here.

Does Southwest Airlines offer student loans or personal loans?

Compare personal loan rates here.

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