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Centricity Credit Union Share
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Overview Share
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Centricity Credit Union is a federally insured state credit union based in Hermantown, Minnesota. It has been opened since 1943, for 79 years.

With around $149,450,000 in assets, Centricity Credit Union is considered to be a large credit union. It has 3 branches and 3 ATM locations.

About Share
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Address 4477 Lavaque Road
Hermantown, Minnesota 55811
Website http://www.centricity.org
Phone (218) 729-7733
Fax (218) 729-7978
CEO Doug W. Ralston
President of the Board Leonard Luoma
Services Offered
Score Card Share
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79 years
Years in business
Opened in 1943
Well Capitalized
Net worth classification
Source: NCUA
16,491 members
Membership type: State chartered natural person credit union
Above average number of members
327:1
Credit union member to staff ratio
327 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$149,452,155
Total assets
Above average
3 branches
Compared with an average of 4 nationally and 4 in Minnesota
Above average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
Branches Share
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3 branches
Compared with an average of 4 nationally and 4 in Minnesota
Above average number of branches
Centricity Credit Union Branch Locations

Centricity Credit Union: Superior Branch
25 Belknap Street
Superior, Wisconsin 54880
ATM Available
Centricity Credit Union: Duluth Branch Office
2501 London Road
Duluth, Minnesota 55812
ATM Available
Centricity Credit Union: Hermantown Office
4477 Lavaque Road
Hermantown, Minnesota 55811
ATM Available
Members Share
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16,491 members
Membership type: State chartered natural person credit union
Above average number of members

With 16,491 members, the Centricity Credit Union is considered to be a large credit union. It is larger than 79% of credit unions.

Fees Share
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$84
Average fee per member
The average fee per member at the Centricity Credit Union is $84, which is high compared to most credit unions. This rate is higher than 76% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Centricity Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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327:1
Credit union member to staff ratio
327 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
50 staff members
FTE (full-time equivalent)
13% of employees are part-time
47 full-time, 7 part-time

Centricity Credit Union has 47 full-time staff members and 7 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 87% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Centricity Credit Union has around 327 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$149,452,155
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
11.2%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$10,364
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 52% of credit unions.

Centricity Credit Union holds a total of $112,790,000 in loans and leases, which is about $10,364 per member on average.

Savings interest rate Share
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0.15%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Centricity Credit Union pays 0.15%.

Loan rates Share
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13.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.49%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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5.49%
New car loan rate
Compared to 4.0% nationally
5.49%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
6.00%
Other real estate loan rates
Compared to 0.9% nationally

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All of Asset Brief

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Similar Credit Unions to Centricity Credit Union

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Centricity Credit Union: Superior Branch
Credit Union Branch: 25 Belknap Street
Superior, Wisconsin 54880 ATM Available
Centricity Credit Union: Duluth Branch Office ATM
Credit Union ATM: 2501 London Road
Duluth, Minnesota 55812
Centricity Credit Union
Credit Union: Well Capitalized Hermantown, Minnesota 16491.0 $149 million Well Capitalized
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Centricity Credit Union: Hermantown Office
Credit Union Branch: 4477 Lavaque Road
Hermantown, Minnesota 55811 ATM Available
Centricity Credit Union: Duluth Branch Office
Credit Union Branch: 2501 London Road
Duluth, Minnesota 55812 ATM Available
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Centricity Credit Union: Hermantown Office ATM
Credit Union ATM: 4477 Lavaque Road
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