FIRST WATCH Credit Union Profile

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FIRST WATCH

Charter #13290 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (325) 670-2429

Fax: (325) 670-2588

Founding Date: N/A

Website: https://www.myfwcu.org

Personnel & Operations

President: Hall, Doug

Manager: Allred, Megan

FT Employees: 30

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 3

Hours: 7:30 am - 6:00 pm

Credit Union Profile Summary

FIRST WATCH is a FCU Credit Union. With a total of 9,357 members [1], this institution manages approximately $99,132,373 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.75% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.72% [1].

Financial Snapshot

Total Assets [1]
$99,132,373

Total economic resources.

Total Loans [1]
$68,855,195

Total value of outstanding loans.

Total Deposits [1]
$89,287,429

Total funds deposited by members.

Members [1]
9,357

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.75%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.05%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
77.12%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 1.50%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -2.72%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -10.51%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1118 Pine St

Abilene, TX, 79601-3529
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by FIRST WATCH (Charter #13290).

Main Office

Main Office Pine Main Office

Type: Corporate Office

1118 Pine St

Abilene, TX 79601-3529

Phone: (325) 670-2429

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Abilene

Catclaw

Type: Branch Office

3324 Catclaw Dr

Abilene, TX 79606-8208

Phone: (325) 691-5104

Services: Member Services, ATM, Drive-Thru

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