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Many of SLFCU’s branch lobbies have re-opened for member service with additional safety precautions. Kirtland and Livermore East remain closed. Learn more. To read more about how COVID-19 is affecting SLFCU, click here.

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Count on the Safety and Security of SLFCU5/27/2020

At Sandia Laboratory Federal Credit Union, looking out for our members’ financial well-being has been our top priority for 71 years. Since the beginning of 2020, the Credit Union has grown from $2.6 billion to nearly $2.8 billion in assets. And, according to Chief Financial Officer Matt Helge, SLFCU may reach $3 billion in assets by the end of the year.

Following are some reasons why so many people trust SLFCU as their financial partner.


SLFCU is weathering the COVID-19 pandemic through prudent spending and smart investments. Our conservatively managed institution continues to maintain a reserve ratio of 11.3%, which is about 4% above the National Credit Union Administration (NCUA) threshold to be considered well capitalized. Additionally, our overall operating expense ratio continues to be very low at just 1.87%. We have $308 million in reserves to cover future events, and we have one of the lowest loan delinquency ratios in the nation.


Each member’s savings are insured to at least $250,000 by the NCUA, which is backed by the full faith and credit of the United States Government.


For 24 consecutive years, SLFCU has received a five-star superior rating from BauerFinancial. This means our credit union is seen as one of the safest, most secure financial institutions in the country.

Please consider recommending us to a family member or co-worker who is looking for a smart, responsible and safe place to manage their money.

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