Trades & Labor Federal Credit Union

Headquarters

610 So Broadway Ave
Albert Lea, MN 56007
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 5.50% →
1-Year CD 0.80% 5.25% →
2-Year CD 0.90% 4.50% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Trades & Labor is an NCUA insured institution located in Albert Lea, MN. It was founded in 1958 and has approximately $20.9 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 24674
Date Established 1958
Assets $20.90 million
Loans $15.39 million
Deposits $18.05 million
Capital $2.73 million
 

Deposit Rates - October 4, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.70% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 4, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Trades & Labor

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Foundation Home Loans, LLC
NMLS ID: 2559614
License#: MC-7844
5.997% 5.875% 1.00 $4,284 $1,893 Learn More
Watermark Capital
NMLS ID: 1838
6.007% 5.875% 1.00 $4,561 $1,893 Learn More
DECO Mortgage
NMLS ID: 2561451
6.017% 5.875% 0.75 $5,004 $1,893 Learn More
PenFed Credit Union
NMLS ID: 401822
6.186% 6.000% 1.00 $6,400 $1,919 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to Trades & Labor
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Trades & Labor branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Trades & Labor Locations around zip code 20146


BranchDistance Map View Lobby Hours

TRADES & LABOR FCU

899.68 A View Lobby Hours


Climate Policy and Initiatives

TRADES & LABOR is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


Add Your Review


or use your BestCashCow account

or

Financial Details

Trades & Labor Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Trades & Labor. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Trades & Labor U.S. Average
4.48% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Trades & Labor had $123,380 in non-current loans and $2,500 in owned assets. To cover these potential losses it had $2,725,740 in net worth and $87,171 in loans loss reserves. That gives it a Texas Ratio of 4.48%.

Net Worth
Trades & Labor U.S. Average
13.04% 13.93%

Trades & Labor FCU has a net worth of 13.04% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Trades & Labor

There are currently no comments for TRADES & LABOR. Be the first to share your experience. Please provide comments that will help others.


Add Your Review


or use your BestCashCow account

or