Security First Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

P.O. Box 4829, Mcallen, TX 78502

Website

(956) 661-4000

Data Source: NCUA, December 31, 2016


Security First Federal Credit Union was founded in 1947. Headquartered in Mcallen, Texas, Security First Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Security First Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Security First Federal Credit Union services 49,260 members through its 16 offices and branches and 133 full-time and 23 part-time employees. It has $360,340,464 of total assets and $29,155,324 of net worth. Based on its asset size and net worth ratio, Security First Federal Credit Union is classified as a Well Capitalized medium large credit union.

Security First Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Security First Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Security First Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Texas and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Texas
Median of USA
Checking
0.0100
0.0100
0.0000
Savings
0.1000
0.2000
0.1200
Money Market
0.2500
0.2500
0.2500
Certificate Deplit
0.6500
0.6620
0.5800
IRA
0.2500
0.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Texas
National Median Rates
Credit Cards
4.4500
9.9900
9.9900
Unsecured Line of Credits
7.6000
11.2200
10.9500
Short-term Small Amount
n/a
25.2500
25.0000
Student Loans
n/a
6.0000
6.0200
New Car Loans
2.9900
3.6500
3.3300
Used Car Loans
2.9900
4.9950
4.5000
1st Mortgage Real Estates
4.5000
4.5000
4.2500
Other Real Estates
5.1500
5.5600
4.7000

Security First Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Security First Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
No
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
No

As a community financial institution, Security First Federal Credit Union actively involves in local communities by prliding services such as first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
No
First Time Homebuyer Program
No
802 Branch
465 E Ruben Torres Blvd
Brownsville, TX 78521
Phone:956-661-4000

Boca Chica
2250 Boca Chica Blvd
Brownsville, TX 78521
Phone:956-661-4000

Brownville Price Branch
2455 E Price Rd
Brownsville, TX 78521
Phone:956-661-4000

Edinburg Branch
Main Office

3515 S Jackson Rd
Edinburg, TX 78539-6600
Phone:956-661-4000

Harlingen Branch
2505 W Lincoln St
Harlingen, TX 78552
Phone:956-661-4000

Mcallen Branch
3700 N 12th St
Mcallen, TX 78501
Phone:956-661-4000

Mission Branch
1409 E Griffin Pkwy
Mission, TX 78572
Phone:956-661-4000

North Texas
1004 N Texas Blvd
Weslaco, TX 78596
Phone:956-661-4000

Palmview
1840 W Palma Vista Dr
Palmview, TX 78572
Phone:956-661-4000

Pecan
3601 Pecan Blvd
Mcallen, TX 78501
Phone:956-661-4000

Pharr
1218 W Dicker Dr
Pharr, TX 78577-9498
Phone:956-661-4000

Pharr – Cage
1300 S Cage Blvd
Pharr, TX 78577
Phone:956-661-4000

San Benito Branch
1140 W Us Highway 77
San Benito, TX 78586-4337
Phone:956-661-4000

Shary
2409 E Interstate Highway 2
Mission, TX 78572
Phone:956-661-4000

Weslaco Branch
2502 E Business 83
Weslaco, TX 78596
Phone:956-661-4000

Westgate
310 N Westgate Dr
Weslaco, TX 78596
Phone:956-661-4000

(956) 661-4022

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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