Texas Tech


Box 41072
Lubbock, TX 79409
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 0.66% →
1-Year CD 1.01% 0.67% →
2-Year CD 1.21% 0.75% →
5-Year CD 1.50% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Texas Tech is an NCUA insured institution located in Lubbock, TX. It was founded in 1959 and has approximately $283.05 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12858
Date Established 1959
Assets $283.05 million
Loans $186.76 million
Deposits $246.34 million
Capital $30.63 million

Field of Membership Restrictions

Membership is open to faculty, students and employees of Texas Tech University, the Texas Tech Health Sciences Center, Lubbock Christian University, employees of the University Medical Center, faculty and employees of select area school districts, and employees of South Plains Electric Co-op.

Deposit Rates - April 16, 2021

Your Current Location: Washington, WA 98101

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.15% $2,500 $4,999 Learn More
Money Market
0.60% $2,500 $2,999 Learn More
Money Market
0.60% $10,000 $14,999 Learn More
Money Market
0.60% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.90% $10,000 $14,999 Learn More
6 Mo CD
0.90% $100,000 $199,999 Learn More
12 Mo CD
1.01% $10,000 $14,999 Learn More
12 Mo CD
1.01% $100,000 $199,999 Learn More
18 Mo CD
1.11% $10,000 $14,999 Learn More
18 Mo CD
1.11% $100,000 $199,999 Learn More
24 Mo CD
1.21% $10,000 $14,999 Learn More
24 Mo CD
1.21% $100,000 $199,999 Learn More
36 Mo CD
1.30% $10,000 $14,999 Learn More
36 Mo CD
1.30% $100,000 $199,999 Learn More
48 Mo CD
1.35% $10,000 $14,999 Learn More
48 Mo CD
1.35% $100,000 $199,999 Learn More
60 Mo CD
1.50% $10,000 $14,999 Learn More
60 Mo CD
1.50% $100,000 $199,999 Learn More

Loan Rates - April 16, 2021

Your Current Location: Washington, WA 98101

There are currently no loan rates available for TEXAS TECH

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 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
3.368% 3.250% 1.00 $3,750 $1,089 Learn More
Test Advertiser QA
2.432% 2.375% 0.75 $1,875 $972 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Test Advertiser QA
Test Advertiser QA
See Table
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

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



Below are Texas Tech 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:

Texas Tech Locations

Financial Details

Texas Tech Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Texas Tech. 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
Texas Tech U.S. Average
5.61% 5.40

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 December 31, 2020, Texas Tech had $984,163 in non-current loans and $801,042 in owned assets. To cover these potential losses it had $30,625,751 in net worth and $1,223,159 in loans loss reserves. That gives it a Texas Ratio of 5.61%.

Net Worth
Texas Tech U.S. Average
10.82% 12.67%

Texas Tech FCU has a net worth of 10.82% versus the BestCashCow average of 12.67. 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 Texas Tech

Branches and Savings

What is Texas Tech?

A federal credit union, registered with the NCUA under certificate #12858.
Learn more about credit unions here.

Is Texas Tech FDIC insured?

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

Who can join Texas Tech?

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

What are Texas Tech's share account and share certificate rates?

Texas Tech'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 Texas Tech?

Texas Tech has total capital of $30.63 million. Full information on Texas Tech's financial position is located above.

Who owns Texas Tech?

Credit Unions are owned by their members.

Where are Texas Tech branches located?

See branch locations nearby.

Are Texas Tech ATMs Open 24/7?

Do Texas Tech ATMs accept cash deposits?

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

Does Texas Tech have a mobile app?

Does Texas Tech have mobile deposit?

Does Texas Tech have quick pay?

How can Texas Tech transfer money to other banks or credit unions?

Does Texas Tech report to credit bureaus?

Does Texas Tech use Chexsystems?

Does Texas Tech use Equifax?

What is Texas Tech's toll free phone number?

What is Texas Tech's ACH Routing Number?

What is Texas Tech's SWIFT code?

Where can I find Texas Tech's wire transfer form?

What is the Texas Tech address for deposits?

What Products Does Texas Tech Offer

Does Texas Tech offer mortgages?

Compare mortgage rates here.

Does Texas Tech offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Texas Tech offer auto and RV loans?

Compare auto loan rates here.

Does Texas Tech offer student loans or personal loans?

Compare personal loan rates here.

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