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Sunwest Federal Credit Union

Sunwest Federal Credit Union was chartered in 1937 and its charter number is 2226. Sunwest Federal Credit Union's address registered with the NCUA is 11839 N. 28TH DRIVE, PHOENIX, AZ 85029. As of 10/26/06, Sunwest FCU reported $249,505,713 in assets. The credit union currently has 34,129 members. It's Manager/CEO is Thomas Noecker. The credit unions website is WWW.SUNWESTFCU.ORG

Sunwest Federal Credit Union is a member of the Arizona Credit Union League.


SunWest Credit Union Financial Evaluation
2006
Total Assets: $246,754,906
Total Loans: $160,715,369
Net Worth Ratio: 17.41
% Share Growth: -7.95
% Loan Growth: 7.2
Loans/Assets Ratio: 65.13
Investment/Assets Ratio: 29.74
Number of Members: 33,775
Number of Full-time Employees: 109

In the year of 2006, SunWest Credit Union assets decreased by 0.06% and its membership decreased by 0.01%. Southeastern Arizona CU's membership decreased by a total of 393 members. Assets decreased by the amount of $15,045,676. The total loan amounts went from $149,913,642 in 2005 to $160,715,369 in 2006. Their net worth ratio increased to 17.41. SunWest CU decreased their job opportunities to 109 by reducing 8 employees.

2005
Total Assets: $261,800,582
Total Loans: $149,913,642
Net Worth Ratio: 15.74
% Share Growth: 4.16
% Loan Growth: 15.8
Loans/Assets Ratio: 57.26
Investment/Assets Ratio: 37.3
Number of Members: 34,168
Number of Full-time Employees: 117

In the year of 2005, SunWest Credit Union assets increased by 0.04% and its membership increased by 0.02%. Southeastern Arizona CU's membership decreased by a total of 567 members. Assets increased by the amount of $11,254,766. The total loan amounts went from $129,457,366 in 2004 to $149,913,642 in 2005. Their net worth ratio increased slightly to 15.74. Southern Arizona Communications CU increased their job opportunities to 117 by adding 22 employees.

2004
Total Assets: $250,545,816
Total Loans: $129,457,366
Net Worth Ratio: 15.7
% Share Growth: -0.05
% Loan Growth: 7.49
Loans/Assets Ratio: 51.67
Investment/Assets Ratio: 43.33
Number of Members: 33,601
Number of Full-time Employees: 95

 

April 19, 2014

 
 
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