Data Source: NCUA, December 31, 2016
North Shore Federal Credit Union was founded in 1967. Headquartered in Silver Bay, Minnesota, North Shore Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). North Shore Federal 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 prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, North Shore Federal Credit Union services 9,215 members through its 5 offices and branches and 32 full-time and 12 part-time employees. It has $154,777,557 of total assets and $22,849,016 of net worth. Based on its asset size and net worth ratio, North Shore Federal Credit Union is classified as a Well Capitalized medium large credit union.
North Shore Federal 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. North Shore Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of North Shore Federal 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 Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
North Shore Federal Credit Union prlides 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 prlided by North Shore Federal Credit Union.
Electronic Banking Service Offerings
As a community financial institution, North Shore Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, first tim home buyer programs, and student scholarships.
Community and other Service Offerings
122 E Highway 61
Grand Marais, MN 55604-4400
77 Mile Creek Rd
Grand Portage, MN 55605-3028
5335 W Highway 61
Lutsen, MN 55612-9513
85 Outer Dr
Silver Bay, MN 55614-1132
404 7th Ave
Two Harbors, MN 55616-1450