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North Star Credit Union Share
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Overview Share
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North Star Credit Union is a federally insured state credit union based in Cook, Minnesota. It has been opened since 1939, for 83 years.

With around $54,350,000 in assets, North Star Credit Union is considered to be an average size credit union. It has 6 branches and 2 ATM locations.

About Share
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Address Po Box 1058
Cook, Minnesota 55723
Website http://www.northstarcreditunion.org
Phone (218) 666-5940
Fax (218) 666-2149
CEO Rich Crettol
President of the Board Lara Whiteside
Services Offered
Score Card Share
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83 years
Years in business
Opened in 1939
Well Capitalized
Net worth classification
Source: NCUA
5,509 members
Membership type: State chartered natural person credit union
Average number of members
187:1
Credit union member to staff ratio
187 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$54,350,282
Total assets
Average size
6 branches
Compared with an average of 4 nationally and 4 in Minnesota
Above average number of branches
0.20%
Savings interest rate
Compared to 0.3% nationally
14.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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6 branches
Compared with an average of 4 nationally and 4 in Minnesota
Above average number of branches
North Star Credit Union Branch Locations
Members Share
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5,509 members
Membership type: State chartered natural person credit union
Average number of members

With 5,509 members, the North Star Credit Union is considered to be a medium size credit union. It is larger than 59% of credit unions.

Fees Share
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$52
Average fee per member
The average fee per member at the North Star Credit Union is $52, which is comparable to most credit unions. This rate is lower than 47% of all credit unions.
Fees are 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 North Star Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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187:1
Credit union member to staff ratio
187 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
30 staff members
FTE (full-time equivalent)
31% of employees are part-time
24 full-time, 11 part-time

North Star Credit Union has 24 full-time staff members and 11 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 69% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. North Star Credit Union has around 187 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$54,350,282
Total assets
Average size
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.
10.2%
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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$17,890
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 88% of credit unions.

North Star Credit Union holds a total of $47,120,000 in loans and leases, which is about $17,890 per member on average.

Savings interest rate Share
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0.20%
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. North Star Credit Union pays 0.20%.

Loan rates Share
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14.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.49%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.05%
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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3.86%
New car loan rate
Compared to 4.0% nationally
4.34%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.92%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.12%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
7.53%
Other real estate loan rates
Compared to 0.9% nationally

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