Southwest Federal Credit Union is a member-owned, nonprofit financial institution serving individuals who share a common bond as defined by its field of membership. Established to provide safe, affordable financial services, the organization operates within a cooperative framework that emphasizes member benefits, stability, and community-focused stewardship. Its history reflects a trajectory of growth and adaptation within the regulatory environment governing credit unions, including compliance with federal and state standards that govern deposit insurance, governance, and consumer protections.
The credit union offers essential financial services aligned with its mission to support financial wellness for members. Its primary functions typically include accepting deposits, providing loans, and furnishing payment and credit services designed to facilitate savings, borrowing, and everyday transactions. Operationally, Southwest Federal Credit Union conducts these activities through branch facilities, member outreach, and touchpoints that support access to accounts and services while adhering to regulatory requirements and industry best practices for safety and soundness. Its geographic and organizational scope centers on serving its designated membership community while integrating into the broader credit union system.
Better than 17% of providers in Farmington
In addition to the primary service, Southwest Federal Credit Union also offers:
Other providers in Farmington with similar ratings:
Southwest Federal Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
Southwest Federal Credit Union is listed as a financial service provider in Farmington, NM and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Southwest Federal Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Southwest Federal Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Southwest Federal Credit Union with other providers in Farmington and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Southwest Federal Credit Union has a rating of 2.6, which is better than 17% of providers in Farmington.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Southwest Federal Credit Union requests. It is always best to call ahead using the phone number on this page so Southwest Federal Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Southwest Federal Credit Union also offers: Federal credit union, ATM.