Trades & Labor Federal Credit Union is headquartered in ALBERT LEA and is the 64th largest credit union in the state of Minnesota. It is also the 3,165th largest credit union in the nation. It was established in 1958 and as of March of 2025, it had grown to 5 employees and 2,308 members at 1 location. Trades & Labor Federal Credit Union has a C+ health rating.
Trades & Labor Federal Credit Union is open to: (1) those who live, work, volunteer, attend school or worship in the under-served area of Albert Lea; (2) members of all unions affiliated with Albert Lea Trades & Labor Assembly; and (3) employees of Mayo Clinic Health System, Fountain Industries, Cargill Meat SOL and over 10 local Select Employer Groups.
See current membership details
Overall | |
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NCUA # | 24674 |
Year Chartered | 1958 |
Employees | 5 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 2.21% |
Return on Equity - YTD | 15.15% |
Annual Interest Income | $292K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $21.6MM$21.7MM |
Loans | Q1 2025vs Q1 2024 | $14.9MM$15.3MM |
Deposits | Q1 2025vs Q1 2024 | $18.4MM$18.9MM |
Equity Capital | Q1 2025vs Q1 2024 | $3.1MM$2.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $37K$79K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $208K$22K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Trades & Labor Federal Credit Union.
Trades & Labor Federal Credit Union Locations | ||
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Branch Office | 610 S BROADWAY AVE | ALBERT LEA, MN 56007-4526 |
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