Laredo Credit Union

Laredo Credit Union is headquartered in Laredo and is the 102^nd largest credit union in the state of Texas. It is also the 1,340^th largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 65 employees and 18,667 members. Laredo Credit Union's savings rates are 4X the national average, and it boasts a 5-star health rating.

Laredo Credit Union Checking Account Rates

Laredo Credit Union Savings Account Rates

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Laredo Credit Union CD Rates

Data for Q4 2011

Institution Statistics LAREDO NCUA # 11011 BankRate Report View Year Chartered 1956 Employees 65 Primary Regulator Assets and Liabilities Assets $110.18 million Loans $69.32 million Deposits $99.35 million Equity Capital $9.46 million Loan Loss Allowance $347,000 Unbacked Noncurrent Loans $64,000 Historic Data - December 2010 Assets $103.03 million Equity Capital $8.14 million Loan Loss Allowance $618,000 Unbacked Noncurrent Loans $127,000 Profit Margin - Quarterly Net Interest Margin 6.9% Return on Assets 1.52% Return on Equity 17.67% Interest Income $5.95 million Non-Interest Income $2.11 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Laredo Credit Union had $64,000 in non-current loans and owned real-estate with $9.81 million in equity and loan loss allowances on hand to cover it. This gives Laredo Credit Union a Texas Ratio of 0.65% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Laredo Credit Union decreased significantly from 1.45% as of December 31, 2010 to 0.65% as of December 31, 2011, resulting in a positive change of 55.03%.This indicates that the balance sheet and financial strength for Laredo Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Laredo Credit Union has increased its total deposits by $5.32 million, resulting in 5.66% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Laredo Credit Union has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Laredo Credit Union has $110.18 million in assets with $9.81 million in equity, resulting in a capitalization level of 8.90%, which is average.

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