Question 1

What is Roswell Community Federal Credit Union (Roswell CU)?

Accepted Answer

Roswell Community Federal Credit Union (Roswell CU) is a federally chartered community credit union serving the rural district of Roswell, New Mexico. With approximately $49.5 million in assets and over 3,600 members as of 2025, the credit union provides a full range of financial services to residents in its community charter area.

As a member-owned cooperative financial institution, Roswell CU focuses on delivering personalized service and competitive rates to its local community. The credit union operates with a small but dedicated team and maintains a strong financial position with an 18.46% net worth ratio.

Question 2

When was Roswell Community Federal Credit Union (Roswell CU) founded?

Accepted Answer

Roswell Community Federal Credit Union was chartered in 1953. For over seven decades, the credit union has served the financial needs of the Roswell community and surrounding rural district.

The credit union was established under a federal charter to provide accessible financial services to residents in the area. Throughout its history, Roswell CU has maintained its commitment to community-focused banking and member service.

Question 3

Where is Roswell Community Federal Credit Union (Roswell CU) headquartered?

Accepted Answer

Roswell Community Federal Credit Union is headquartered at 2514 N Main Street in Roswell, New Mexico.

Question 4

Where does Roswell Community Federal Credit Union (Roswell CU) operate?

Accepted Answer

Roswell Community Federal Credit Union operates as a community-chartered credit union serving a rural district in and around Roswell, New Mexico. The credit union's field of membership includes residents, workers, and organizations within its designated community charter area.

With a potential membership base of approximately 50,000 individuals in the rural district, the credit union serves southeastern New Mexico communities. Membership is open to those who live, work, worship, or attend school in the credit union's defined community charter.

Question 5

What services does Roswell Community Federal Credit Union (Roswell CU) offer?

Accepted Answer

Roswell Community Federal Credit Union provides comprehensive financial services including:

Deposit Accounts: Share savings accounts, checking accounts, and various savings programs designed for member financial goals.

Lending Services: The credit union offers signature loans, auto loans, recreational vehicle loans, and credit cards. As of 2025, the credit union maintains a loan portfolio of approximately $36.4 million across more than 2,000 loans.

Credit Cards: VISA credit cards with member-focused terms and competitive rates.

Digital Banking: Online banking services, mobile banking app available on iOS and Android platforms, mobile check deposit (remote deposit capture), bill pay services, and account-to-account transfers. The mobile apps feature account balance checking, transaction history, fund transfers, and mobile payment capabilities.

Additional Services: Competitive rates on savings and loans, member support services, and financial assistance programs.

Question 6

What makes Roswell Community Federal Credit Union (Roswell CU) unique?

Accepted Answer

Roswell Community Federal Credit Union distinguishes itself through several key characteristics:

Community Focus: As a community-chartered rural district credit union, Roswell CU specifically serves the local Roswell area with a mission to meet all members' financial needs. The credit union emphasizes being "your one and only financial institution."

Strong Financial Performance: The credit union has demonstrated impressive growth with 28.5% member growth and 6.2% asset growth over a four-quarter period. With a return on average assets of 2.43% and a well-capitalized status, Roswell CU maintains solid financial health.

Low-Income Designation: Roswell CU holds a low-income designation from NCUA, reflecting its commitment to serving underserved communities and providing financial access to all community members.

Personalized Service: With approximately 8 full-time employees serving over 3,600 members, the credit union provides hands-on, personal service that larger institutions cannot match. Members benefit from direct relationships with staff who understand local needs.

Question 7

What type of financial institution is Roswell Community Federal Credit Union (Roswell CU)?

Accepted Answer

Roswell Community Federal Credit Union is a federally chartered credit union regulated by the National Credit Union Administration (NCUA). As a federal credit union, it operates under federal charter number 9093 and is supervised by NCUA Region 3.

The credit union functions as a not-for-profit cooperative financial institution owned by its members. Each member holds an equal ownership stake and voting rights regardless of account balance.

Membership is based on a community charter for a rural district, meaning eligibility extends to individuals who live, work, worship, or attend school within the credit union's defined geographic area around Roswell, New Mexico. This community-based membership structure allows the credit union to serve a broad population within its service area.

Roswell Community Federal Credit Union (Roswell CU)

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About Roswell Community Federal Credit Union (Roswell CU) in the United States