Laredo Federal Credit Union

Overview / Commentary

956-722-3971

1119 Corpus Christi St
Laredo, TX 78040-5258

Laredo Federal Credit Union is headquartered in Laredo and is the 118^th largest credit union in the state of Texas. It is also the 1,468^th largest credit union in the nation. It was established in 1956 and as of December of 2019, it had grown to 56 employees and 19,506 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

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
NCUA #	11011
Year Chartered	1956
Employees	56
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.13%
Return on Equity - YTD	-1.52%
Annual Interest Income	$4.3MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$121.7MM$124.9MM
Loans	Q4 2019vs Q4 2018	$51.3MM$51.7MM
Deposits	Q4 2019vs Q4 2018	$110.3MM$113.9MM
Equity Capital	Q4 2019vs Q4 2018	$10.5MM$10.6MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$423.00K$422.00K
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$440.00K$380.00K
Real Estate Owned	Q4 2019vs Q4 2018	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Laredo Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* 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

APY	MIN	MAX	ACCOUNT NAME
0.90%	$1k	-	60 Month Share Certificate
0.80%	$1k	-	48 Month Share Certificate
0.70%	$1k	-	36 Month Share Certificate
0.60%	$1k	-	24 Month Share Certificate
0.50%	$1k	-	18 Month Share Certificate
0.40%	$1k	-	12 Month Share Certificate
0.30%	$1k	-	6 Month Share Certificate

Locations

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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.