First Watch
First Watch is a credit union based in Abilene, Texas, established in 1959, with $106 million in total assets serving 9,348 members. By Trust Grade it ranks 308th of 379 credit unions we track in Texas. Its net worth ratio of 9.2% trails most similarly sized credit unions (18th percentile), versus a Texas median of 13.5%. It was profitable over the most recent period, with a 0.23% return on assets. No consumer complaints against First Watch appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Watch compares to Texas peers
How we graded First Watch
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.2% capital ratio)
- Profitable (ROA 0.23%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for First Watch over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at First Watch insured?
Yes. First Watch 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.
First Watch: frequently asked questions
Is First Watch a good credit union?
First Watch earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Well-capitalized (9.2% capital ratio); Profitable (ROA 0.23%).
Is First Watch NCUA-insured?
Yes. First Watch 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 First Watch?
First Watch holds $106 million in total assets, ranking 308th of 379 credit unions we track in Texas. It serves 9,348 members.
Does First Watch have CFPB complaints?
No CFPB complaints against First Watch 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.
