Laredo Fire Department Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.laredofirecreditunion.com

956-722-7841

5002 Tesoro Plaza
Laredo, TX 78041

Laredo Fire Department Federal Credit Union is headquartered in Laredo and is the 280^th largest credit union in the state of Texas. It is also the 3,395^th largest credit union in the nation. It was established in 1958 and as of March of 2025, it had grown to 6 employees and 1,916 members at 1 location. Laredo Fire Department Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to employees and retirees of the Laredo Fire Department.
See current membership details

Reviews

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Health

Data as of Q1 2025

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Laredo Fire Department Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	12472
Year Chartered	1958
Employees	6
Primary Regulator

Profit Margin
Return on Assets - YTD	1.1%
Return on Equity - YTD	9.07%
Annual Interest Income	$274K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$15.1MM$15.8MM
Loans	Q1 2025vs Q1 2024	$12.2MM$13.5MM
Deposits	Q1 2025vs Q1 2024	$13.2MM$13.9MM
Equity Capital	Q1 2025vs Q1 2024	$1.8MM$1.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$42K$87K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$26K$49K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Laredo Fire Department Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.30%^*	$50k^*	-	Regular Savings Account
OTHER TIERS: 0.10% → $100 - $25k \| 0.20% → $25k - $50k

Laredo Fire Department Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.15%^*	$100k^*	-	5 Year CD
OTHER TIERS: 2.80% → $50k - $100k
2.80%^*	$100k^*	-	4 Year CD
OTHER TIERS: 2.45% → $25k - $100k
2.00%^*	$100k^*	-	3 Year CD
OTHER TIERS: 1.65% → $15k - $100k
1.75%^*	$100k^*	-	2 Year CD
OTHER TIERS: 1.00% → $10k - $25k \| 1.40% → $25k - $100k
0.80%^*	$100k^*	-	1 Year CD
OTHER TIERS: 0.65% → $2k - $100k
0.50%	$1k	-	6 Month CD

Locations

Laredo Fire Department Federal Credit Union Locations
Corporate Office	5002 Tesoro Plz	Laredo, TX 78041-5744

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