Animas Credit Union and Sandia Credit Union
Animas Credit Union merged with Sandia Laboratory Federal Credit Union on July 1, 2021. Since that date, Animas Credit Union has operated as a subsidiary of Sandia Laboratory. You can find answers to some commonly asked questions about the merger here. As the credit union will continue to operate under its brand name, the below is some helpful information for members, potential members or anyone interested in Animas Credit Union. Note that Animas Credit Union accounts will be moving to Sandia Laboratory Federal Credit Union in early July 2022 as a result of the merger. Animas Credit Union members will receive new membership and primary account numbers and new debit card as a result.
- Website: https://www.animascu.com/
- Animas Credit Union Routing Number: 302284058
- Address: 2101 E 20th Street, Farmington, NM 87401
- Phone Number: (505) 326-7701
History of Animas Credit Union
Animas Credit Union was chartered in 1956 and over the past 5 years had a membership base between 13,000 and 14,000. While its number of members had been declining steadily, it started to increase in 2021 ahead of the planned merger with Sandia Laboratory.
Animas Credit Union also had fairly stable balance sheet metrics, with no real growth in its lending over the last 5 years but increasing assets and deposits in more recent years. When we consider the credit union’s net worth progression (which as we’ve discussed previously is probably the most important measure) the story is very similar.
Animas Credit Union’s net worth at the time of the merger was $16 million, which results in a net worth per member of $1,193. This is significantly below the national average of credit unions of $1,633. The credit union could therefore benefit from being a part of a large much more successful credit union.
Animas Credit Union Locations
Animas Central Branch
- Branch Address: 2101 E. 20th Street, Farmington, NM 87401
- Branch Phone Number: 505-326-7701
- Branch Hours: Mon-Fri 9am-5:45pm
Animas East Branch
- Branch Address: 3850 E. Main Street, Farmington, NM 87402
- Branch Phone Number: 505-326-7701
- Branch Hours: Mon-Fri 9am-5:45pm, Saturday 9am-1:00pm
Animas Bloomfield Branch
- Branch Address: 405 W. Broadway, Bloomfield, NM 87413
- Branch Phone Number: 505-326-7701
- Branch Hours: Mon-Fri 9am-5:45pm