Laredo Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.90% | 5-year CD | |
| 0.40% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.10% | Savings | 2.00% - Ally Bank Online Savings Account |
Laredo Federal Credit Union is headquartered in Laredo and is the 112th largest credit union in the state of Texas. It is also the 1,383rd largest credit union in the nation. It was established in 1956 and as of September of 2018, it had grown to 58 employees and 20,194 members at 4 locations. Laredo Federal Credit Union has a B health rating.
Field of Membership Restrictions
Laredo Federal Credit Union membership is open to those who live, work, attend school or worship in Webb County.
See current membership details
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11011 |
| Year Chartered | 1956 |
| Employees | 58 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.16% |
| Return on Equity - YTD | 2.08% |
| Annual Interest Income | $3.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $128.2MM$132.6MM |
| Loans | Q3 2018vs Q3 2017 | $50.9MM$48.0MM |
| Deposits | Q3 2018vs Q3 2017 | $117.4MM$119.7MM |
| Equity Capital | Q3 2018vs Q3 2017 | $10.2MM$10.8MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $414.00K$398.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $524.00K$379.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Laredo Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | $250 | - | Individual Retirement Account | |
| 0.10% | $25 | - | Share Savings Account |
Laredo Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.10% → $2.5k - $50k | 0.15% → $50k - $100k | |||||
Laredo Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $500 | - | A+ Club Checking Account | |
| 0.05% | $500 | - | Regular Checking Account |
Laredo Federal Credit Union CD Rates
| Laredo Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 4170 S Zapata Hwy Ste 1 | Laredo, TX 78046-8558 |
| Branch Office | 2110 Lowry Rd Laredo | Laredo, TX 78045 |
| Branch Office | 1119 Corpus Christi St | Laredo, TX 78040-5258 |
| Branch Office | 7114 McPherson Rd | Laredo, TX 78041-6501 |