Sep, 30, 2025 — LAREDO FIRE DEPARTMENT FEDERAL CREDIT UNION is a federal credit union headquartered in LAREDO, TX with 1 branch location and about $14.50 million in total assets. Opened 68 years ago in 1958, LAREDO FIRE DEPARTMENT FEDERAL CREDIT UNION has about 1,931 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LAREDO FIRE DEPARTMENT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5002 Tesoro Plz LAREDO, TX 78041-5744 |
| Phone: | (956) 722-7841 |
| Fax: | (956) 725-9643 |
| Website: | https://www.laredofirecreditunion.com/ |
| Branches: | 1 branch locations |
| Members: | 1,931 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12472 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $14,497,037 |
| CEO/Manager: | Gilberto Ramos |
| Chairperson: | Fernando Alarcon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,148,658 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 6,197,375 |
| Other Loans | 6,295,927 |
| TOTAL LOANS | 12,493,309 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,017 |
| Land And Building | 396,844 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 128,799 |
| All Other Assets | 0 |
| TOTAL ASSETS | 14,497,037 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 95,171 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 91,959 |
| Regular shares | 6,771,307 |
| All Other Shares & Deposits | 5,672,740 |
| TOTAL SHARES & DEPOSITS | 12,536,006 |
| TOTAL LIABILITIES | 12,631,177 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,865,860 |
| TOTAL EQUITY | 1,865,860 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 14,497,037 |
| INCOME & EXPENSE | |
| Loan Income | 800,109 |
| Investment Income | 32,353 |
| Other Income | 54,526 |
| Total Employee Compensation & Benefits | 310,297 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 368,795 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,017 |
| Cost of Funds | 133,354 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 52,525 |
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