Laredo Credit Union

About Laredo Credit Union

Laredo Credit Union Location

1119 Corpus Christi Street
Laredo, TX 78041

Phone: (956) 722-3971
Website: www.laredofcu.org
Routing/Transit Number: Not Available

Laredo Credit Union Information

Laredo Credit Union of Laredo, TX is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 22833 members and assets of $85,655,433, as compared to the national average of $93 million dollars of assets per credit union. Laredo Credit Union, first opened in 1956 and has been in operation since then. Additionally, Laredo Credit Union has 62 full time employees and 14 part time employees, or 300.434210526 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Laredo Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Laredo Credit Union is a not-for-profit, cooperative, tax-exempt organization.