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La Joya Area Federal Credit Union Review: Overall Rating
| Feature | Insider rating (out of 5) |
| Savings | 4.25 |
| Checking | 4.25 |
| Share certificate | 4.5 |
| Money market account | 4.25 |
| Trustworthiness | 4 |
| Total | 4.25 |
La Joya Area Federal Credit Union Pros and Cons
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La Joya Area Federal Credit Union Regular Share Savings Account - Product Name Only Review
The
La Joya Area Federal Credit Union Checking Account - Product Name Only Review
The
La Joya Area Federal Credit Union Share Certificate - Product Name Only Review
La Joya Area Federal Credit Union pays average-to-low CD rates for its term lengths. You'll likely find other financial institutions with more competitive rates right now.
La Joya Area Federal Credit Union Money Market Account - Product Name Only Review
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About La Joya Area Federal Credit Union
La Joya Area Federal Credit Union is a Hispanic American-led institution with two branches in La Joya, Texas. You have free access to ATMs at branches, and the credit union doesn't charge a fee at Stripes Stores ATMs. However, Stripes will charge a $1.50 fee.
To become a member of the credit union, you have to either live/work in Hidalgo County or have an immediate family member who lives/works in Hidalgo County. You'll pay a one-time $5 membership fee, and you must open a
You can call or visit a branch Monday through Thursday from 9 a.m. to 5 p.m., Friday from 9 a.m. to 6 p.m., and Saturday from 9 a.m. to 1 p.m. Locations are closed on Sunday.
The La Joya Area FCU mobile app has 4.8 out of 5 stars in the Apple store, and 4.5 out of 5 stars in the Google Play store.
Your deposits are federally insured by the NCUA for up to $250,000, or up to $500,000 for joint accounts.
Is La Joya Area Federal Credit Union Trustworthy?
La Joya Area Federal Credit Union does not have any public controversies.
Usually, we use Better Business Bureau ratings to evaluate a bank's trustworthiness. The BBB has not assessed La Joya Area FCU yet, though. You may want to ask friends and family about their experiences with the credit union, or read online customer reviews.
The Role of Hispanic American-Led Institutions
Many Hispanic American banks and credit unions provide services in both English and Spanish. There is a history of racial prejudice in banking and lending, specifically among Hispanic Americans, so working with a Hispanic American institution can help eliminate unfair bias.
Some of these institutions make it possible to open accounts if you are an immigrant or non-US citizen. La Joya Area FCU does require a US ID to open an account, but there are several banks and credit union that makes it easy for immigrants and non-US citizens to open bank accounts.
La Joya Federal Credit Union FAQs
Where are La Joya Federal Credit Union locations?
La Joya Federal Credit Union has one location in La Joya, Texas and second in Palmview, Texas.
What is the membership fee at La Joya Federal Credit Union?
La Joy Federal Credit Union has a $5 membership fee.
What are the current CD rates at La Joya Federal Credit Union?
La Joya Federal Credit Union share certificates offer
Why You Should Trust Us: How We Reviewed La Joya Area Federal Credit Union
For our Gulf Coast Federal Credit Union review, we used our bank account methodology to review bank accounts and services.
At Personal Finance Insider, we review different features for distinct types of bank accounts. For example, we'll look at CD rates and term lengths for CDs. Meanwhile, for checking accounts, we'll factor in the ATM network size and fees, as well as its overdraft protection options.
We'll also usually examine minimum opening deposits, ethics, customer support availability, and mobile app ratings for all types of bank accounts.
How La Joya Area Federal Credit Union Compares
La Joya Area Federal Credit Union vs. Lone Star National Bank
Your choice between these two financial institutions may depend on whether you prioritize opening an account at a credit union or bank. If you prefer credit unions, make sure you meet the La Joya Area's eligibility requirements.
To become a member of the credit union, you have to either live/work in Hidalgo County or have an immediate family member who lives/works in Hidalgo County. Otherwise, your default option will have to be Lone Star National Bank.
Lone Star National Bank's main strength is probably the number of branches. It's one of the largest Hispanic American banks in Texas, so it may be the most convenient option depending on where you live.
La Joya Federal Credit Union might be a better choice if you'd like to avoid monthly service fees on savings and checking accounts. At Lone Star National Bank, you'll have to be mindful of these fees.
La Joya Area Federal Credit Union vs. Rally Credit Union
Rally Credit Union is another Hispanic American-led credit union in Texas. It was formerly known as Navy Army Community Credit Union.
If you value a large branch network, Rally may be a more appealing choice; it has 21 branches in the state. La Joya Area Federal Credit Union only has two branches.
Neither La Joya Area Federal Credit Union nor Rally Credit Union charges monthly fees. However, if your goal is to obtain a high CD rate, Rally will likely be a better option. Rally also may stand out to you if you'd like to open a high-yield checking account.