credit union

Trades & Labor

Albert Lea, MN · Est. 1958
A
Trust Grade
Excellent
Score: 98/100

Trades & Labor is a credit union based in Albert Lea, Minnesota, established in 1958, with $23 million in total assets serving 2,186 members. By Trust Grade it ranks 5th of 81 credit unions we track in Minnesota. Its net worth ratio of 14.9% is stronger than 55% of similarly sized credit unions, versus a Minnesota median of 12.2%. It was profitable over the most recent period, with a 1.54% return on assets. No consumer complaints against Trades & Labor appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$22.9M
<$100M institution
Members
2,186
Shares & deposits
—
Net worth ratio
14.9%
Top 45% of <$100M peers · Minnesota median 12.2%
Return on assets
1.5%
Top 14% of <$100M peers · Minnesota median 0.86%
Rank in Minnesota
#5
of 81 credit unions

How Trades & Labor compares to Minnesota peers

Net worth ratio
Top 45% of <$100M peers
Trades &
14.9%
Minnesota median
12.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 14% of <$100M peers
Trades &
1.5%
Minnesota median
0.9%
Higher ROA = more profitable relative to asset base

How we graded Trades & Labor

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (14.9% capital ratio)
  • Strongly profitable (ROA 1.54%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Trades & Labor over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Trades & Labor insured?

Yes. Trades & Labor is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Trades & Labor: frequently asked questions

Is Trades & Labor a good credit union?

Trades & Labor earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (14.9% capital ratio); Strongly profitable (ROA 1.54%).

Is Trades & Labor NCUA-insured?

Yes. Trades & Labor is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Trades & Labor?

Trades & Labor holds $23 million in total assets, ranking 5th of 81 credit unions we track in Minnesota. It serves 2,186 members.

Does Trades & Labor have CFPB complaints?

No CFPB complaints against Trades & Labor appear in our data over the analysis window, which is typical for a credit union of this size.

Similar Credit Unions

Farm Credit Employees
credit union · Saint Paul, MN · $18M assets
Teamsters
credit union · Blaine, MN · $14M assets
Mower County Employees
credit union · Austin, MN · $14M assets
Deer River Cooperative
credit union · Deer River, MN · $32M assets
Metropolitan Services
credit union · Saint Paul, MN · $12M assets
Austin City Employees
credit union · Austin, MN · $11M assets

Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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