Credit union · NCUA insured
Trades & Labor FCU Savings Rates
Trades & Labor FCU’s best savings rate is 0.20% APY on $10,000, with its Preferred/Special Shares. Rates checked October 16, 2026.
How Trades & Labor FCU’s savings rates compare
Compared with banks and credit unions near Albert Lea, MN, where Trades & Labor FCU has the most branches. $10,000, best rate first.
This credit union’s best
Trades & Labor FCU
0.20%APY
- Requires
- None
- Earns on $10,000 a year
- $20
Preferred/Special Shares
Top rate
Affinity Plus
3.50%APY
- Requires
- Monthly account activity
- Earns on $10,000 a year
- $350
2nd-highest rate
United Employees Credit Union
2.58%APY
- Requires
- None
- Earns on $10,000 a year
- $258
Trades & Labor FCU savings score
69
Savings score
Higher than 23% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0000.20%
- $100,000 balance$100,0000.35%
- QualifiedQualified0.20%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Trades & Labor FCU ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Preferred/Special Shares
0.20%APY
Sub-savings account to save with a specific goal in mind without locking into a term. Interest rate reverts to rate of regular shares if balance falls between $300 and $2,500.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $300 – $2,500 | 0.10% | — |
| $2,500 – $19,999 | 0.20% | $20 |
| $20,000 – $49,999 | 0.25% | — |
| $50,000 – $79,999 | 0.30% | — |
| $80,000 and up | 0.35% | — |
Share Savings (Regular Shares)
0.10%APY
All members must have a savings account and maintain a minimum balance of $20. Dividends paid quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $300 and upMin $300 to receive dividend. Competitive dividends are paid quarterly on balances of $300 or more.$300 and up | 0.10% | $10 | Min $300 to receive dividend. Competitive dividends are paid quarterly on balances of $300 or more. |
Special-purpose accounts
IRA Savings
0.25%APY
Traditional and Roth IRAs are available.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upMin $100 to receive dividend.$100 and up | 0.25% | $25 | Min $100 to receive dividend. |
Christmas Club Accounts
0.10%APY
Funds are available on October 1st. Early withdrawals are subject to a penalty fee.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $50 and upMin $50 to receive dividend.$50 and up | 0.10% | $10 | Min $50 to receive dividend. |
Trust Accounts
0.10%APY
Established for members of younger years. Funds are not available for withdrawal until minor reaches the age of 18. Account is a sub-savings to a regular share of the credit union. Dividends paid quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $50 and upMin $50 to receive dividend. Dividends are paid quarterly on balances of $50 or more.$50 and up | 0.10% | $10 | Min $50 to receive dividend. Dividends are paid quarterly on balances of $50 or more. |
Who can join Trades & Labor FCU
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone who lives, works, worships, or attends school within certain underserved areas of Albert Lea is eligible for membership.
Employers and groups
- Employees and their families of Streaters under contract with Carpenters Local 766 are eligible.
- Employees and their families of ALAMCO Wood Products, Wells Concrete, and Waste Systems are eligible.
- Employees and their families of Mayo Clinic under contract with SEIU Mayo are eligible.
- Employees and their families of Dave Syverson Ford, Motor Inn Company, and Vern Eide Motors under contract with United Auto are eligible.
- Employees and their families of groups under contract with UFCW Local 6 (Ventura Foods, Cargill, Albert Lea Select Foods, Minnesota Freezer, Birds Eye Foods in Waseca, Lakeside Foods in Owatonna, Smithfield Meats in Mason City) are eligible.
2 more ways to join
Family and household
- Immediate family members (spouse, child, sibling, parent, grandparents, grandchild, or step-family members) of members are eligible.
- Persons living in the same household (defined as living in the same residence maintaining a single economic unit) as an eligible member are eligible.
Membership information collected October 4, 2026.