Cannon
Cannon is a credit union based in Clovis, New Mexico, established in 1952, with $103 million in total assets serving 9,273 members. By Trust Grade it ranks 14th of 37 credit unions we track in New Mexico. Its net worth ratio of 13.2% is stronger than 73% of similarly sized credit unions, versus a New Mexico median of 13.2%. It was profitable over the most recent period, with a 0.77% return on assets. No consumer complaints against Cannon appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Cannon compares to New Mexico peers
How we graded Cannon
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.2% capital ratio)
- Profitable (ROA 0.77%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Cannon over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Cannon insured?
Yes. Cannon 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.
Cannon: frequently asked questions
Is Cannon a good credit union?
Cannon earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (13.2% capital ratio); Profitable (ROA 0.77%).
Is Cannon NCUA-insured?
Yes. Cannon 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 Cannon?
Cannon holds $103 million in total assets, ranking 14th of 37 credit unions we track in New Mexico. It serves 9,273 members.
Does Cannon have CFPB complaints?
No CFPB complaints against Cannon 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.
