Laredo Federal Credit Union is headquartered in Laredo and is the 122nd largest credit union in the state of Texas. It is also the 1,503rd largest credit union in the nation. It was established in 1956 and as of December of 2022, it had grown to 41 employees and 18,776 members at 3 locations. Laredo Federal Credit Union has a B health rating.
Laredo Federal Credit Union membership is open to those who live, work, attend school or worship in Webb County.
See current membership details
Overall | |
---|---|
NCUA # | 11011 |
Year Chartered | 1956 |
Employees | 41 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.43% |
Return on Equity - YTD | 11.65% |
Annual Interest Income | $3.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2022vs Q4 2021 | $146.5MM$153.9MM |
Loans | Q4 2022vs Q4 2021 | $62.9MM$52.1MM |
Deposits | Q4 2022vs Q4 2021 | $139.5MM$142.2MM |
Equity Capital | Q4 2022vs Q4 2021 | $5.5MM$10.4MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $327.00K$364.00K |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $357.00K$256.00K |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.20% | $250 | - | Individual Retirement Account | |
0.05% | $25 | - | Share Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | $100k* | - | Money Market Account | ||
OTHER TIERS: 0.05% → $2.5k - $50k | 0.10% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $500 | - | A+ Club Checking Account | |
0.05% | $500 | - | Regular Checking Account |
Laredo Federal Credit Union Locations | ||
---|---|---|
Branch Office | 4170 S Zapata Hwy Ste 1 | Laredo, TX 78046-8558 |
Branch Office | 1119 Corpus Christi St | Laredo, TX 78040-5258 |
Branch Office | 7114 McPherson Rd | Laredo, TX 78041-6501 |