First Basin
First Basin is a credit union based in Odessa, Texas, established in 1965, with $340 million in total assets serving 30,078 members. By Trust Grade it ranks 198th of 379 credit unions we track in Texas. Its net worth ratio of 11.4% is stronger than 52% of similarly sized credit unions, versus a Texas median of 13.5%. It was profitable over the most recent period, with a 0.50% return on assets. No consumer complaints against First Basin appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Basin compares to Texas peers
How we graded First Basin
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.4% capital ratio)
- Profitable (ROA 0.50%)
- 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 Basin over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at First Basin insured?
Yes. First Basin 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 Basin: frequently asked questions
Is First Basin a good credit union?
First Basin earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (11.4% capital ratio); Profitable (ROA 0.50%).
Is First Basin NCUA-insured?
Yes. First Basin 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 Basin?
First Basin holds $340 million in total assets, ranking 198th of 379 credit unions we track in Texas. It serves 30,078 members.
Does First Basin have CFPB complaints?
No CFPB complaints against First Basin 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.
