membership

Checking Accounts

FREE CHECKING

Laredo Federal Credit Union is proud to provide our members with Free Checking, an account that has so many great free benefits it is hard to believe.

  • Free Instant Issue Debit Card
  • First 40 Checks Free
  • Free Mobile Banking
  • Unlimited Check Writing & Transactions
  • $50 Minimum Opening Balance
  • Free Notary Service
  • Free Audio Response
  • Free Online Banking
  • Free Online Bill Payment
  • Free ATM Transactions on LFCU ATM Machines
  • No Monthly Service Charge
  • No Transfer, Withdrawal or Deposit Fees
  • No Minimum Balance Fees
  • Non-Dividend Paying

A+ CHECKING

The Laredo Federal Credit Union A+ Checking offers a host of benefits, including all of the benefits of our Regular Checking and more. Check out this top-notch account today.

  • Free Instant Issue Debit Card
  • Personalized Checks
  • Free Mobile Banking
  • Unlimited Check Writing & Transactions
  • $50 Minimum Opening Balance
  • First 40 Checks Free
  • Free Notary Service
  • Free Audio Response
  • Free Online Banking
  • Free Online Bill Payment
  • Free ATM Transactions on LFCU ATM Machines
  • Monthly Service Charge of $7 if Average Daily Balance Falls Below $500
  • Monthly Service Charge of $5 if Average Daily Balance is Greater than $500
  • Senior Citizens (50 & Over) – $3/Month
  • No Transfer, Withdrawal or Deposit Fees
  • Dividends Paid When Average Daily Balance is $500 or More
  • Overdraft Protection Plan (upon applying and meeting requirements)

REGULAR CHECKING

The Laredo Federal Credit Union Regular Checking offers a host of benefits with a low $25 minimum opening balance and with dividends paid when average daily balance is $500 or more.

  • Free Instant Issue Debit Card
  • Personalized Checks
  • Free Mobile Banking
  • Unlimited Check Writing & Transactions
  • $25 Minimum Opening Balance
  • Free Notary Service
  • Free Audio Response
  • Free Online Banking
  • Free Online Bill Payment
  • Free ATM Transactions on LFCU ATM Machines
  • Monthly Service Charge of $5 if Average Daily Balance Falls Below $500
  • No Transfer, Withdrawal or Deposit Fees
  • Dividends Paid When Average Daily Balance is $500 or More
  • Overdraft Protection Plan (upon applying and meeting requirements)

Savings Accounts

REGULAR SAVINGS

In order to join Laredo Federal Credit Union, you need to open a regular savings account with only total amount of $30.00, including a one-time fee of $5.00. This starts our membership with the credit union and as long as the minimum deposit ($25.00) requirements are met, you will remain a LFCU member.

SPECIAL SAVINGS

Would you like a savings account separate from your primary savings account? Open a special savings account to set aside for a vacation or something special you want to purchase. The special savings account is opened with $25.00 and earns interest when daily balance is $300.00 or more. Dividends are paid quarterly. Payroll deduction is available with certain entities.

MONEY MARKET ACCOUNT

With Laredo Federal Credit Union, you have access to competitive money market rates. Our tiered money market account is an ideal way to earn more dividends on your savings while maintaining flexibility.

SHARE CERTIFICATES

Share Certificates offer our members who can commit to a fixed term the chance to earn higher returns. Laredo Federal Credit Union offers a wide variety of certificates…6 months, 12 months, 18 months, 24 months, 36 months, 48 months and 60 month with a minimum deposit of $1000.00.

CHRISTMAS CLUB

Our Christmas Club account allows you to save for holiday expenses. Your money will automatically be transferred to your checking account in time for the holidays (if you don’t have a LFCU checking account, the funds will be transferred into your regular savings account). The account automatically renews each year. Payroll deduction is a great way to fund your Christmas Club savings account.