Trades & Labor Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.80% | 1-year CD | 12 Month CD 2.45% - Synchrony Bank 12 Month CD |
| 0.10% | Savings | Trust Account |
| 1.00% | 2-year CD | 24 Month CD 2.60% - Capital One 24 Month 360 CD |
Trades & Labor Federal Credit Union is headquartered in ALBERT LEA and is the 79th largest credit union in the state of Minnesota. It is also the 3,881st largest credit union in the nation. It was established in 1958 and as of June of 2018, it had grown to 5 employees and 2,362 members at 1 location. Trades & Labor Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, volunteer, attend school or worship in the underserved area of Albert Lea, to members of all unions affiliated with Albert Lea Trades & Labor Assembly and to employees of Mayo Clinic Health System, Fountain Industries, Cargill Meat SOL and over 10 local Select Employer Groups.
See current membership details
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24674 |
| Year Chartered | 1958 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.86% |
| Return on Equity - YTD | 18.86% |
| Annual Interest Income | $288.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $12.5MM$11.9MM |
| Loans | Q2 2018vs Q2 2017 | $9.6MM$8.7MM |
| Deposits | Q2 2018vs Q2 2017 | $11.2MM$10.9MM |
| Equity Capital | Q2 2018vs Q2 2017 | $1.2MM$1.0MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $42.00K$34.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $23.00K$21.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Trades & Labor 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.
Trades & Labor Federal Credit Union Savings Account Rates
Trades & Labor Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $500 | - | Choice Checking |
Trades & Labor Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.10% | $50k | - | 24 Month Jumbo CD | |
| 1.00% | $500 | - | 24 Month CD | |
| 0.90% | $50k | - | 12 Month Jumbo CD | |
| 0.80% | $500 | - | 12 Month CD | |
| 0.50% | $50k | - | 6 Month Jumbo CD | |
| 0.40% | $500 | - | 6 Month CD |
Trades & Labor Federal Credit Union IRA Rates
| Trades & Labor Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 610 S BROADWAY AVE | ALBERT LEA, MN 56007-4526 |