3.00% APY High interest savings account with Laredo Fire Department Federal Credit Union
Laredo Fire Department Federal Credit Union continues to offer attractive interest rate for their savings account under their Regular Savings. This high yield savings account is tiered and has the following current interest rates:
- earn 1.50% APY for balances of $100 to $24,999
- earn 2.50% APY for balances of $25,000 to $49,999
- earn 3.00% APY for balances of $50,000 to $9,999,999
This high interest savings account requires an initial deposit of $5 to open an account. You need to maintain an average daily balance of $100 or higher to earn this best savings account rate. The earnings of this money in the bank deal are compounded and paid quarterly.
The credit union limits you of up to 6 transfers or withdrawals to another account or third party per statement cycle. These transfers and withdrawals can be made by means of pre-authorized transfers, automatic transfer, phone, or check. In case you exceed the limit, a fee will be charged per transaction.
There are several benefits that you can enjoy with this best savings account like unlimited deposit made through payroll deduction, over the counter, or online. You can even access your account through online banking. You can pay your bill, view your statement, and be updated with the latest promo that they are offering. Another option is to use their telephone banking in managing your account.
Individuals who want to become a member of Laredo Fire Department Federal Credit Union must be a retiree or employee of the Laredo Fire Department or the credit union. Family and household members are also eligible to join. You just need to visit the credit union’s branch to apply. Do not forget to bring valid photo identification like social security card, driver’s license, or other state issued ID. If your current address is not showing on the ID that you are presenting, then you need to provide additional documents like pay stub or utility bill.
If you still have questions with regard to their savings account, current interest rate, membership eligibility, or requirement you may call their member service line at 956 722-7841.
Laredo Fire Department Federal Credit Union is headquartered in Laredo, Texas and was founded in 1958. They are also a member of the National Credit Union Association with a charter number 12472.







