St. Cloud Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_rated_halfstar_normal by Credit Guide
Review based on 12 criteria Rating: 3.5 out of 5

3030 1st St S, Saint Cloud, MN 56301

Website

(320) 252-2634

Data Source: NCUA, December 31, 2016


St. Cloud Federal Credit Union was founded in 1934. Headquartered in Saint Cloud, Minnesota, St. Cloud 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). St. Cloud 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, St. Cloud Federal Credit Union services 19,087 members through its 3 offices and branches and 43 full-time and 10 part-time employees. It has $155,157,723 of total assets and $14,042,929 of net worth. Based on its asset size and net worth ratio, St. Cloud Federal Credit Union is classified as a Well Capitalized medium large credit union.

St. Cloud 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. St. Cloud Federal Credit Union also provides an array of services to its members and local communities. St. Cloud Federal Credit Union 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 St. Cloud 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 (%)

Interest Rate
Median of Minnesota
Median of USA
Checking
0.5000
0.0100
0.0000
Savings
0.0500
0.1000
0.1200
Money Market
0.2500
0.2500
0.2500
Certificate Deplit
0.5500
0.4250
0.5800
IRA
0.5500
0.4250
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Minnesota
National Median Rates
Credit Cards
n/a
9.9000
9.9900
Unsecured Line of Credits
9.0000
11.0000
10.9500
Short-term Small Amount
n/a
18.0000
25.0000
Student Loans
6.3600
6.0000
6.0200
New Car Loans
2.7400
2.9900
3.3300
Used Car Loans
3.2400
3.9900
4.5000
1st Mortgage Real Estates
4.0000
4.2500
4.2500
Other Real Estates
4.7500
4.7100
4.7000

St. Cloud 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 St. Cloud Federal Credit Union.

Electronic Banking Service Offerings

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

As a community financial institution, St. Cloud Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
St Cloud Federal Credit Union
120 10th Ave N
Saint Cloud, MN 56303
Phone:320-255-1343

St Cloud Federal Credit Union
1716 Pine Cone Rd S
Sartell, MN 56377
Phone:320-252-2634

St Cloud Federal Credit Union
Main Office

3030 1st St S
Saint Cloud, MN 56301
Phone:320-252-2634

(320) 252-9036

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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