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750 2nd St NE Ste 200
Hopkins, MN 55343

Sharepoint Credit Union is headquartered in Hopkins and is the 20th largest credit union in the state of Minnesota. It is also the 987th largest credit union in the nation. It was established in 1933 and as of March of 2014, it had grown to 44 employees and 18,550 members. Sharepoint Credit Union has a A health rating.

Field of Membership Restrictions

Must be an employee of one of the several partner companies. Also open to those who live, work, worship or attend school in Hennepin or Dakota County, Minnesota. - See Details

Reviews (2)

Sharepoint - 5% Introductory Rate

Just checked with them.

This rate is only on the first $2500 of your deposit.

After that, you receive no interest.

So, this is a bit deceiving.  FYI.

The Checking Rate Is A Great Deal

Yes, the 5 % APY is only for the first year and only for the first 2500 dollars, however this is a great deal. Remember that mortgage rates are at 3.75 APR. CDs are paying less than 1% APY for this reason. Of course the CU would go bankrupt very quickly if it was paying 5 percent interest and loaning money out at 4 percent. Its simple math.

The 5 percent APY is a reward you get for trying them out. Basically, they are paying you 125 dollars to bank with them for a year. This is a great deal because many commercial banks are now charging you money just to have a checking account.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Sharepoint Credit Union had $686,000 in non-current loans and owned real-estate with $21.51 million in equity and loan loss allowances on hand to cover it. This gives Sharepoint Credit Union a Texas Ratio of 3.19% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Sharepoint Credit Union decreased slightly from 3.93% as of March 31, 2013 to 3.19% as of March 31, 2014, resulting in a positive change of 18.92%.This indicates that the balance sheet and financial strength for Sharepoint Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Sharepoint Credit Union has increased its total deposits by $3 million, resulting in 1.87% 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 Sharepoint Credit Union has shown is above average.



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. Sharepoint Credit Union has $185.92 million in assets with $21.51 million in equity, resulting in a capitalization level of 11.57%, which is excellent.

Institution Statistics

NCUA #63098
Year Chartered1933
Primary Regulator
Assets and Liabilities
Assets$185.92 million
Loans$121.63 million
Deposits$163.32 million
Equity Capital$20.66 million
Loan Loss Allowance$845,000
Unbacked Noncurrent Loans$439,000
Real Estate Owned$247,000
Historic Data - March 2013
Assets$181.98 million
Equity Capital$20.17 million
Loan Loss Allowance$929,000
Unbacked Noncurrent Loans$439,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.02%
Return on Assets0.37%
Return on Equity3.35%
Interest Income$1.64 million

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

Sharepoint Credit Union Savings Account Rates

0.40%--IRA Savings
0.40%--Roth IRA Savings
0.40%--CESA Savings
0.10%--Regular Savings

Sharepoint Credit Union Money Market Rates

0.25%$50k-Money Market Account

Sharepoint Credit Union Checking Account Rates

5.00%-$2,500Premier Rate Checking - Introductory Rate for New Members
1.00%-$2,500Premier Rate Checking
0.10%--Advantage Checking Account
0.10%--Choice Plus Checking

Sharepoint Credit Union CD Rates

1.25%$500-60 Month CD
0.95%$500-48 Month CD
0.75%$500-36 Month CD
0.50%$500-24 Month CD
0.40%$500-18 Month CD
0.35%$500-12 Month CD
0.30%$500-6 Month CD

Sharepoint Credit Union IRA Rates

1.25%$500-60 Month IRA
0.95%$500-48 Month IRA
0.75%$500-36 Month IRA
0.50%$500-24 Month IRA
0.40%$500-18 Month IRA
0.35%$500-12 Month IRA
0.30%$500-6 Month IRA

Sharepoint Credit Union Locations
Branch Office750 2nd St NE Ste 200Hopkins, MN 55343
Branch Office3670 AQUILA AVE SSAINT LOUIS PARK, MN 55426
Branch Office13735 Round Lake Blvd NWAndover, MN 55304
Branch Office200 E Travelers Trl Ste 110 Suite 110Burnsville, MN 55337