WESTEX Credit Union Profile

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WESTEX

Charter #5373 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (806) 765-5701

Fax: (806) 765-8423

Founding Date: N/A

Website: http://www.westexfcu.com

Personnel & Operations

President: Perez, Albert

Manager: Love, Vicki

FT Employees: 15

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 4

Hours: Monday - Friday 9:00 am - 5:30 pm Drive Th

Credit Union Profile Summary

WESTEX is a FCU Credit Union. With a total of 6,789 members [1], this institution manages approximately $83,051,817 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.82% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -18.22% [1].

Financial Snapshot

Total Assets [1]
$83,051,817

Total economic resources.

Total Loans [1]
$23,453,965

Total value of outstanding loans.

Total Deposits [1]
$73,855,280

Total funds deposited by members.

Members [1]
6,789

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.82%

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]
0.56%

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

Loan-to-Share Ratio [1]
31.76%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 6.40%

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

Loan Growth (4Q) [1]
↓ -18.22%

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

Member Growth (4Q) [1]
↓ -3.48%

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

Headquarters Location & Map

Headquarters Address

901 Avenue Q

Lubbock, TX, 79401
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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 3 branches reported by WESTEX (Charter #5373).

Main Office

WesTex Federal Credit Union Main Office

Type: Corporate Office

901 Avenue Q

Lubbock, TX 79401

Phone: (806) 765-5701

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Lubbock

WesTex Federal Credit Union

Type: Branch Office

7802 Indiana Ave

Lubbock, TX 79423

Phone: (806) 784-0098

Services: Member Services, Drive-Thru

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Plainview

WesTex Federal Credit Union

Type: Branch Office

509 Quincy St

Plainview, TX 79072

Phone: (806) 296-0886

Services: Member Services

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