Cook Area Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

PO Box 1058, Cook, MN 55723-1058

Website

(218) 666-5940

Data Source: NCUA, December 31, 2016


North Star Credit Union, MN was founded in 1939. Headquartered in Cook, Minnesota, North Star Credit Union, MN is a state chartered and federally insured credit union, being chartered in Minnesota and insured through the National Credit Union Share Insurance Fund (NCUSIF). North Star Credit Union, MN 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 Star Credit Union, MN services 3,201 members through its 3 offices and branches and 16 full-time and 2 part-time employees. It has $37,289,982 of total assets and $3,909,713 of net worth. Based on its asset size and net worth ratio, North Star Credit Union, MN is classified as a Well Capitalized medium small credit union.

North Star Credit Union, MN 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 Star Credit Union, MN also provides an array of services to its members and local communities. North Star Credit Union, MN plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of North Star Credit Union, MN’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 (%)

Interest Rate
Median of Minnesota
Median of USA
Checking
0.1000
0.0100
0.0000
Savings
0.2000
0.1000
0.1200
Money Market
0.4000
0.2500
0.2500
Certificate Deplit
1.1060
0.4250
0.5800
IRA
0.5000
0.4250
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Minnesota
National Median Rates
Credit Cards
14.0000
9.9000
9.9900
Unsecured Line of Credits
11.3000
11.0000
10.9500
Short-term Small Amount
n/a
18.0000
25.0000
Student Loans
n/a
6.0000
6.0200
New Car Loans
3.3200
2.9900
3.3300
Used Car Loans
5.1800
3.9900
4.5000
1st Mortgage Real Estates
5.0500
4.2500
4.2500
Other Real Estates
5.0000
4.7100
4.7000

North Star Credit Union, MN prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, ATMs, and mobile devices. The table below lists the electronic banking services prlided by North Star Credit Union, MN.

Electronic Banking Service Offerings

Membership Application
Yes
No
Share Account Transfers
Yes
New Loan Application
No
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
No
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
Yes
View Account History
Yes
No

As a community financial institution, North Star Credit Union, MN actively involves in local communities by prliding services such as financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
No
Financial Education
Yes
In-School Branches
Yes
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Main Office 24 S River St
24 S River St
Cook, MN 55723
Phone:218-666-5940

North Star Credit Union North Woods Money Cave
10248 E Olson Rd
Cook, MN 55723
Phone:218-666-5940

North Star Credit Union South Ridge Jungle Cash
8162 Swan Lake Rd
Culver, MN 55779
Phone:218-666-5940

(218) 666-2149

No Review

  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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