Lake State Credit Union was founded in 1939. Headquartered in Moose Lake, Minnesota, Lake State Credit Union is a state chartered and federally insured credit union, being chartered in Minnesota and insured through the National Credit Union Share Insurance Fund (NCUSIF). Lake State Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and provides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2013, Lake State Credit Union services 18,020 members through its 6 offices and branches and 76 full-time and 9 part-time employees. It has $183,149,905.00 of total assets and $20,012,416.00 of net worth. Based on its asset size and net worth ratio, Lake State Credit Union is classified as a Well Capitalized medium large size credit union.
Lake State Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Lake State Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
Lake State Credit Union’s membership type is defined as State chartered natural person credit union. If you are interested in joining Lake State Credit Union, please visit their website or call 218-485-4444 for details. If you are a current member of Lake State Credit Union or have used any of their services or products, please rate them and leave your comments.
The following two tables list the depository and loan interest rates of Lake State Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Minnesota and in the nation.
Major Depository Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Lake State Credit Union provides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services provided by Lake State Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Lake State Credit Union actively involves in local communities by providing services such as first tim home buyer programs.
Community and other Service Offerings
Lscu – Duluth Office
11 E Superior St Ste 160
Duluth, MN 55802
Lscu – Hinckley Office
210 Old Highway 61 S
Hinckley, MN 55037
Lscu – Isanti Office
210 6th Ave Ne
Isanti, MN 55040
Lscu – Moose Lake Office
301 Elm Ave
Moose Lake, MN 55767
Lscu – North Branch Office
6241 Main St
North Branch, MN 55056
Lscu – Sandstone Office
406 Commercial Ave N
Sandstone, MN 55072