Trades & Labor Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.20%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.10%	Savings	Trust Account 1.20% - Goldman Sachs Bank USA Online Savings
0.30%	2-year CD	24 Month CD 1.65% - Synchrony Bank 24 Month CD

View all Trades & Labor Federal Credit Union rates »

Overview / Commentary

www.tradesandlabor.com

507-377-1863

610 S Broadway Ave
Albert Lea, MN 56007-4526

Trades & Labor Federal Credit Union is headquartered in ALBERT LEA and is the 84^th largest credit union in the state of Minnesota. It is also the 4,026^th largest credit union in the nation. It was established in 1958 and as of March of 2017, it had grown to 5 employees and 2,292 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.
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Health

B

Data as of Q1 2017

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. Trades & Labor Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	24674
Year Chartered	1958
Employees	5
Primary Regulator

Profit Margin
Return on Assets - YTD	1.61%
Return on Equity - YTD	18.53%
Annual Interest Income	$123.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$11.9MM$10.9MM
Loans	Q1 2017vs Q1 2016	$8.5MM$8.2MM
Deposits	Q1 2017vs Q1 2016	$10.9MM$10.1MM
Equity Capital	Q1 2017vs Q1 2016	$993.00K$814.00K
Loan Loss Allowance	Q1 2017vs Q1 2016	$38.00K$51.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$13.00K$1,000
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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* 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

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$20k^*	-	Preferred Shares
OTHER TIERS: 0.15% → $2,500 - $20k
0.10%	$300	-	Regular Shares
0.10%	$300	-	Special Savings
0.10%	$50	-	Trust Account
0.10%	$50	-	Christmas Club Account
0.10%	$25	-	IRA Savings

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
0.40%	$50k	-	24 Month Jumbo CD
0.30%	$500	-	24 Month CD
0.30%	$50k	-	12 Month Jumbo CD
0.20%	$500	-	12 Month CD
0.20%	$50k	-	6 Month Jumbo CD
0.15%	$500	-	6 Month CD

Trades & Labor Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$50k	-	60 Month Jumbo IRA
0.50%	$500	-	60 Month IRA
0.50%	$50k	-	36 Month Jumbo IRA
0.40%	$50k	-	24 Month Jumbo IRA
0.40%	$500	-	36 Month IRA
0.30%	$500	-	24 Month IRA
0.30%	$50k	-	12 Month Jumbo IRA
0.20%	$500	-	12 Month IRA

Locations

Trades & Labor Federal Credit Union Locations
Branch Office	610 S BROADWAY AVE	ALBERT LEA, MN 56007-4526