Laredo Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.90% | 5-year CD | 60 Month Share Certificate 2.35% - Synchrony Bank 60 Month CD |
| 0.40% | 1-year CD | 12 Month Share Certificate 1.35% - Ally Bank High Yield 12-Month CD |
| 0.10% | Savings | Share Savings Account |
Laredo Federal Credit Union is headquartered in Laredo and is the 102nd largest credit union in the state of Texas. It is also the 1,324th largest credit union in the nation. It was established in 1956 and as of March of 2017, it had grown to 57 employees and 20,129 members at 4 locations. Laredo Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Webb County.
See current membership details
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11011 |
| Year Chartered | 1956 |
| Employees | 57 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 3.93% |
| Annual Interest Income | $961.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $136.1MM$134.4MM |
| Loans | Q1 2017vs Q1 2016 | $46.5MM$49.0MM |
| Deposits | Q1 2017vs Q1 2016 | $123.5MM$122.1MM |
| Equity Capital | Q1 2017vs Q1 2016 | $10.6MM$10.7MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $400.00K$577.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $204.00K$650.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $175.00K$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% → $2,500 - $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 | 4420 S Zapata Hwy Ste 103 | Laredo, TX 78046-8645 |
| 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 |