Sunward Federal Credit Union
Albuquerque, NM·Charter 5851·cu:5851·Credit union RBC / net worth
- #2 of 37Total assets in New Mexico
- Top 2%Total assets in the U.S.
- 175.7Kmembers
- Top 3%Loan growth in the U.S.
- #2 of 9Business loan growth in New Mexico
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Sunward Federal Credit Union
7 of 24 FORFI signals stand out against 143 similar credit unions, based on NCUA data for the quarter.
Lending absorbing more of the share base as cash fallsWorth a look: Liquidity 2nd quarter93.3%+11.3 pp in 12 months
Sunward Federal Credit Union's loans rose to 93.3% of shares and deposits, 11.3 percentage points higher than a year earlier, while cash fell to 1.0% of assets. The median change in the loan-to-share ratio among 139 similar credit unions was 0.0 pp.
| Observed | Change |
|---|---|
| Loans / shares and deposits | |
| 93.3% | +11.3 pp in 12 months |
| Cash / assets | |
| 1.0% | -4.5 pp in 12 months |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Sunward Federal Credit Union itself is left out of every peer median and percentile. How signals work
Funding pressure buildingWorth a look: Funding FORFI signal1.56%peers 1.95%-39 bps
Sunward Federal Credit Union's cost of shares and deposits has not eased the way it has at similar credit unions, while more of the funding base moved into higher-rate time deposits.
| This institution | Peer median | Difference |
|---|---|---|
| Cost of all shares and deposits | ||
| 1.56% | 1.95% | -39 bps |
| Certificates' share of shares | ||
| 34.7% | 30.3% | +4.4 pp |
With internal data, FORFI would look at: Which depositors repriced or moved balances, which relationships are at risk of migrating, and where exception pricing is concentrated.
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Sunward Federal Credit Union itself is left out of every peer median and percentile. How signals work
Net charge-offs falling while the peer median risesStrength: Asset quality0.28%peers 0.52%-24 bps
Sunward Federal Credit Union's annualized net charge-off rate fell 37 bps over the past year to 0.28%. Among 139 similar credit unions, the median rose 1 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Annualized net charge-off rate | ||
| 0.28% | 0.52% | -24 bps |
| 12-month change | ||
| -37 bps | +1 bps | -38 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Sunward Federal Credit Union itself is left out of every peer median and percentile. How signals work
Loans growing faster than peersStrength: Lending 2nd quarter+19.7%peers +5.3%+14.4 pp
Sunward Federal Credit Union's loans grew 19.7% over the past year to $3.2 billion. The median among 139 similar credit unions was +5.3%.
| This institution | Peer median | Difference |
|---|---|---|
| Loans, 12-month growth | ||
| +19.7% | +5.3% | +14.4 pp |
| Loans | ||
| $3.2 billion | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Sunward Federal Credit Union itself is left out of every peer median and percentile. How signals work
Fee and other noninterest income among the lowest of similar credit unionsWorth a look: Earnings0.44%peers 1.25%-81 bps
Sunward Federal Credit Union's noninterest income relative to average assets was 0.44%, compared with a median of 1.25% among 143 similar credit unions: lower than 94% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Noninterest income relative to average assets | ||
| 0.44% | 1.25% | -81 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Sunward Federal Credit Union itself is left out of every peer median and percentile. How signals work
2 more observations
- Share and deposit costs rising while the peer median fallsFunding
- Reliance on share certificates rising faster than peersFunding
Key facts
- Sunward Federal Credit Union is a federally chartered credit union headquartered in Albuquerque, New Mexico. It reported $4.6 billion in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $3.5 billion, up 5.1% from a year earlier, and loans totaled $3.2 billion, up 19.7%.
- Its net interest margin on average assets was 2.85% and its annualized return on assets was 0.48% for the quarter.
- Its cost of all shares and deposits was 1.56%, compared with a median of 1.95% among 143 similar credit unions with $3 billion to $10 billion in assets.
- It served 175,688 members, up 3.6% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Sunward Federal Credit Union's own data, FORFI would look at: Which relationships could bring deposits to fund the loan book.
Analysis workspaces
Sources and identifiers
- Institution
- Sunward Federal Credit Union · Credit union
- NCUA charter
- 5851
- Reporting period
- Peer group
- 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Sunward Federal Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $5.49M | |
| $52.96M | |
| $20.52M | |
| $32.44M | |
| $5M | |
| $28.87M | |
| $3.55M | |
| $3.09M | |
| 0.48% | |
| 2.85% | |
| 77.11% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.