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Overview / Commentary
651-291-3700
175 W Lafayette Frontage Rd
Saint Paul, MN 55107

Affinity Plus Credit Union is headquartered in Saint Paul and is the 2nd largest credit union in the state of Minnesota. It is also the 102nd largest credit union in the nation. It was established in 1934 and as of December of 2013, it had grown to 487 employees and 178,561 members. Affinity Plus Credit Union has a B+ health rating.

Field of Membership Restrictions

You are eligible to join Affinity Plus if you, a family member or a household member: 1. is an employee of The State of Minnesota or The University of Minnesota or Any organization that receives funding from the State of Minnesota, including most schools, community colleges, private and public universities, nursing homes and hospitals, counties, cities, municipalities and nonprofit groups 2. is a member of The University of Minnesota Alumni Association or a student or alumni of the Minnesota State University System 3. Lives, works or worships in Roseville or Arden Hills or Mounds View or Shoreview or St. Anthony or New Brighton 4. is a Minnesota Twins employee, or a family member of a Minnesota Twins employee 5. or is relative or housemate of any eligible person or current member 6. Pays a one-time, $25 life-time dues to the Affinity Plus Foundation - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Affinity Plus Credit Union had $21.02 million in non-current loans and owned real-estate with $146.13 million in equity and loan loss allowances on hand to cover it. This gives Affinity Plus Credit Union a Texas Ratio of 14.39% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Affinity Plus Credit Union experienced no significant changes from 15.43% as of December 31, 2012 to 14.39% as of December 31, 2013, resulting in a positive change of 6.78%.This indicates that the balance sheet and financial strength for Affinity Plus Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Affinity Plus Credit Union has increased its total deposits by $91.64 million, resulting in 6.24% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Affinity Plus Credit Union has shown is excellent.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Affinity Plus Credit Union has $1.74 billion in assets with $146.13 million in equity, resulting in a capitalization level of 8.38%, which is average.

Institution Statistics

Overall
NCUA #24362
Year Chartered1934
Employees487
Primary Regulator
Assets and Liabilities
Assets$1.74 billion
Loans$1.59 billion
Deposits$1.56 billion
Equity Capital$130.76 million
Loan Loss Allowance$15.38 million
Unbacked Noncurrent Loans$17.97 million
Real Estate Owned$3.05 million
Historic Data - December 2012
Assets$1.60 billion
Equity Capital$127.18 million
Loan Loss Allowance$12.80 million
Unbacked Noncurrent Loans$17.97 million
Real Estate Owned$3.92 million
Profit Margin - Quarterly
Net Interest Margin3.48%
Return on Assets0.21%
Return on Equity2.73%
Interest Income$72.90 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Affinity Plus Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Affinity Plus Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Membership Savings
0.10%--Shares II
0.10%--Classic IRA
0.10%--Classic Roth
0.10%--Vacation Club
0.10%--Holiday Club
0.10%--Classic SEP IRA
0.10%--Business Shares

Affinity Plus Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.13%$25k-Nova Money Market
0.10%$2k$5kCapitol Money Market
0.10%$10k-A+ Money Market

Affinity Plus Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.13%$5k-Participation Checking
0.10%$200-Progressive Checking

Affinity Plus Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.00%--60 Month Investment Certificate
0.55%--48 Month Investment Certificate
0.25%--36 Month Investment Certificate
0.15%--24 Month Investment Certificate
0.10%--6 Month Investment Certificate
0.10%--12 Month Investment Certificate
0.10%--12 Month Wahoo! Certificate
0.10%$100-12 Month Certificate Builder
0.05%--3 Month Investment Certificate

Affinity Plus Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%--60 Month IRA Certificate (Traditional,Roth)
0.55%--48 Month IRA Certificate (Traditional,Roth)
0.25%--36 Month IRA Certificate (Traditional,Roth)
0.15%--24 Month IRA Certificate (Traditional,Roth)
0.10%--12 Month IRA Wahoo! Certificate
0.10%$100-12 Month IRA Certificate Builder
Locations

Affinity Plus Credit Union has 26 locations. Click to view all Affinity Plus Credit Union locations.