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S. W. E. Credit Union

Overview
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S. W. E. Credit Union is a federal credit union based in Laird Hill, Texas. It has been opened since 1956, for 64 years.

With around $900,000 in assets, S. W. E. Credit Union is considered to be a small credit union.

About
Address Po Box 247
Laird Hill, Texas 75666
Phone (903) 987-0635
CEO Susan E. Oglesby
President of the Board Roderick Fort
Services Offered
Map
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Score Card
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64 years
Years in business
Opened in 1956
Well Capitalized
Net worth classification
Source: NCUA
142 members
Membership type: Manufacturing – chemicals
Below average number of members
284:1
Credit union member to staff ratio
284 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$895,142
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Texas
Average number of branches
1.00%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 3 in Texas
Average number of branches
S. W. E. Credit Union Branch Locations

S. W. E. Credit Union: Swefcu
1206 Industrial Boulevard
Kilgore, Texas 75662
No ATM
Members
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142 members
Membership type: Manufacturing – chemicals
Below average number of members

With 142 members, the S. W. E. Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 99% of credit unions.

Fees
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Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the S. W. E. Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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284:1
Credit union member to staff ratio
284 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
0 staff members
FTE (full-time equivalent)
100% of employees are part-time
0 full-time, 1 part-time

S. W. E. Credit Union has 0 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of part-time staff, at approximately 100% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. S. W. E. Credit Union has around 284 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets
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$895,142
Total assets
Below average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
10.7%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$11,938
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 64% of credit unions.

S. W. E. Credit Union holds a total of $870,000 in loans and leases, which is about $11,938 per member on average.

Savings interest rate
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1.00%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. S. W. E. Credit Union pays 1.00%.

Loan rates
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12.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.00%
New car loan rate
Compared to 4.0% nationally
4.00%
Used car loan rate
Compared to 5.2% nationally
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