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Two Harbors Credit Union Share
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Overview Share
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Two Harbors Credit Union is a federal credit union based in Two Harbors, Minnesota. It has been opened since 1948, for 74 years.

With around $77,880,000 in assets, Two Harbors Credit Union is considered to be a large credit union. It has 1 branches and 1 ATM locations.

About Share
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Address 801 11th Street
Two Harbors, Minnesota 55616
Website http://www.thfcu.org
Phone (218) 834-2266
Fax (218) 834-2250
CEO Randy D. Willert
President of the Board Greg Ruberg
Services Offered
Score Card Share
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74 years
Years in business
Opened in 1948
Well Capitalized
Net worth classification
Source: NCUA
4,501 members
Membership type: Community credit union
Average number of members
281:1
Credit union member to staff ratio
281 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$77,884,846
Total assets
Above average
1 branch
Compared with an average of 4 nationally and 4 in Minnesota
Average number of branches
0.14%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 4 in Minnesota
Average number of branches
Two Harbors Credit Union Branch Locations

Two Harbors Credit Union: Main Office
801 11th Street
Two Harbors, Minnesota 55616
ATM Available
Members Share
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4,501 members
Membership type: Community credit union
Average number of members

With 4,501 members, the Two Harbors Credit Union is considered to be a medium size credit union. It is larger than 55% of credit unions.

Fees Share
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$76
Average fee per member
The average fee per member at the Two Harbors Credit Union is $76, which is high compared to most credit unions. This rate is higher than 71% 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 Two Harbors Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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281:1
Credit union member to staff ratio
281 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
16 staff members
FTE (full-time equivalent)
12% of employees are part-time
15 full-time, 2 part-time

Two Harbors Credit Union has 15 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 88% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Two Harbors Credit Union has around 281 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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$77,884,846
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.
15.3%
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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$17,632
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 87% of credit unions.

Two Harbors Credit Union holds a total of $51,840,000 in loans and leases, which is about $17,632 per member on average.

Savings interest rate Share
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0.14%
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. Two Harbors Credit Union pays 0.14%.

Loan rates Share
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9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.81%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.12%
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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4.51%
New car loan rate
Compared to 4.0% nationally
5.27%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.54%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.60%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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