Laredo Fire Department
Laredo Fire Department is a credit union based in Laredo, Texas, established in 1958, with $15 million in total assets serving 1,986 members. By Trust Grade it ranks 268th of 379 credit unions we track in Texas. Its net worth ratio of 12.6% trails most similarly sized credit unions (38th percentile), versus a Texas median of 13.5%. It posted a loss over the most recent period (-0.41% return on assets), a point to watch. No consumer complaints against Laredo Fire Department appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Laredo Fire Department compares to Texas peers
How we graded Laredo Fire Department
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.6% capital ratio)
- Unprofitable over the period (ROA -0.41%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Laredo Fire Department over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Laredo Fire Department insured?
Yes. Laredo Fire Department 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.
Laredo Fire Department: frequently asked questions
Is Laredo Fire Department a good credit union?
Laredo Fire Department earns a Bankzia Trust Grade of B (86/100, "Strong"), based on a financial-strength score of 86/100 (it has no CFPB complaints on record). Strongly capitalized (12.6% capital ratio); Unprofitable over the period (ROA -0.41%).
Is Laredo Fire Department NCUA-insured?
Yes. Laredo Fire Department 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 Laredo Fire Department?
Laredo Fire Department holds $15 million in total assets, ranking 268th of 379 credit unions we track in Texas. It serves 1,986 members.
Does Laredo Fire Department have CFPB complaints?
No CFPB complaints against Laredo Fire Department appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
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.
