Financial Security
Financial Security is a credit union based in Carlsbad, New Mexico, established in 1954, with $64 million in total assets serving 5,139 members. By Trust Grade it ranks 6th of 37 credit unions we track in New Mexico. Its net worth ratio of 16.3% is stronger than 63% of similarly sized credit unions, versus a New Mexico median of 13.2%. It was profitable over the most recent period, with a 1.07% return on assets. No consumer complaints against Financial Security appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Financial Security compares to New Mexico peers
How we graded Financial Security
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.3% capital ratio)
- Strongly profitable (ROA 1.07%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Financial Security over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Financial Security insured?
Yes. Financial Security is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Financial Security: frequently asked questions
Is Financial Security a good credit union?
Financial Security earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (16.3% capital ratio); Strongly profitable (ROA 1.07%).
Is Financial Security NCUA-insured?
Yes. Financial Security is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Financial Security?
Financial Security holds $64 million in total assets, ranking 6th of 37 credit unions we track in New Mexico. It serves 5,139 members.
Does Financial Security have CFPB complaints?
No CFPB complaints against Financial Security appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
