Affinity Plus Federal Credit Union is headquartered in Saint Paul and is the 2nd largest credit union in the state of Minnesota. It is also the 121st largest credit union in the nation. It was established in 1934 and as of December of 2018, it had grown to 541 employees and 197,007 members at 28 locations. Affinity Plus Federal Credit Union's money market rates are 2X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Affinity Plus Federal Credit Union is open to anyone through making a one-time $25 lifetime dues payment to the Affinity Plus Foundation. Membership is also open to the following: (1) those who live, work or worship in Roseville, Arden Hills, Mounds View, Shoreview, St. Anthony, New Brighton, or downtown Minin neapolis/St Paul; (2) employees of the State of Minnesota, the University of Minnesota, any organization that receives funding from the State of Minnesota or students and alumni of the University of Minnesota.
See current membership details
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Excellent Experience with Affinity Plus Federal Credit Union
I have banked with Affinity Plus for the past seven years. They have been very easy to work with and I imagine I will continue using them for the foreseeable future. I currently have four accounts at Affinity - checking, savings, Wincentive savings, and an auto loan. The Wincentive savings account was brought to my attention by an employee. For every $25 deposited (up to five times per month), you are entered into a monthly and yearly contests for various cash prizes. I generally only deposit the minimum $25 each month but have won $100 so far. The other benefit of this savings account is that it allows me to keep a portion of my money that cannot be easily raided, like my general savings account.
The Rewards program at Affinity has been very generous and useful for me. I have covered overdraft fees and purchase cancellation fees. Just recently I used some of my points to lower my auto loan interest rate by 0.5%.
Credit Union are the best
I currently own a checking and savings account with Affinity Plus. But I have other accounts with another bank for IRAs and Money Market and other savings and checking accounts with US bank and USAA. I chose to reflect on Affinity Plus because of their exceptional online banking platform. Literally, anything transaction can be down via their online chat or via email. I have ordered checks, bank statements, money orders, and schedule appointments through their online chat system. Additionally, their mobile app allows me quick access to my accounts and I am able to deposit checks remotely for free. One of the down sides of the mobile app is that it does not have a finger touch login. You will need to enter your username and password each time you log. Also, for a long time, you could not link it to personalcapital and so you had to manual track your expenditure through excel. But recently, they've rectified that problem, which has made the online banking experience much more better.
Affinity Plus gets an A+ from me!
I have been a member of Affinity Plus Federal Credit Union for 7 years. During that time, I've lived in 3 different states, and have never needed to change my primary account to another institution, because they make it SO EASY to stay connected! I can obviously use direct deposit for my paychecks, but the mobile app has really simplified my life. With it, I can deposit checks into my account, check my balance, find a no-fee ATM, and more. Speaking of fees... there virtually are NONE at Affinity Plus! I found an ATM at another credit union in my neighborhood, so I don't ever have to pay to get my own cash. If I can't find an ATM, there's always the cash-back option at a store using my chip-debit card. I LOVE my credit union, and will more than likely always be a member - no matter what state I live in!
I like Affinity Plus
I joined Affinity Plus Federal Credit Union about nine years ago. I was having a problem with a larger commercial bank and decided that it was time to move to a different financial institution. I asked friends about where they were banking, and several suggested Affinity. In that time I have mostly held a savings account (which is required to hold a share of of the union) as well as a checking account. One of the reasons I switched was that my previous bank was getting rid of free checking, I did not want to pay a monthly fee for my checking account, and Affinity has and continues to have numerous free checking options. While I do not bank in person that often, I have often found going to the branch to be a better experience at Affinity than at my previous bank- the staff is always courteous and helpful. Moreover, the branch feels like a throw-back to my youth having free coffee and pop-corn for patrons. More often I use the online banking system, this works well and I have no complaints. There is also nothing to say that this is radically better than any other bank. My one complaint is with my Credit Union's app. I have found trying to use the app to deposit a check to be rather difficult. However, Affinity is rolling out a new app that I have yet to try. I have also looked into longer term savings accounts either a CD or a money market. Affinity's rates were competitive with those I saw from other places, however my job's 401k changed when I was pricing this out so I opted to remain with that as a form of longer term savings. In the future I will likely move to open a CD as well as maintaining my savings account. Overall I am happy with Affinity Plus's deposit accounts.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24362 |
| Year Chartered | 1934 |
| Employees | 541 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 8.42% |
| Annual Interest Income | $87.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $2.18B$2.06B |
| Loans | Q4 2018vs Q4 2017 | $1.94B$1.87B |
| Deposits | Q4 2018vs Q4 2017 | $1.95B$1.86B |
| Equity Capital | Q4 2018vs Q4 2017 | $208.1MM$190.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $9.8MM$9.3MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $12.8MM$13.1MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $191.00K$1.5MM |
Always verify rates and promotions with the bank or credit union. We are not Affinity Plus Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Affinity Plus Federal Credit Union Savings Account Rates
Affinity Plus Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00% | $25k | - | Nova Money Market | ||
| 0.75% | $10k | - | A+ Money Market | ||
| 0.55%* | $5k* | - | Capitol Money Market | ||
| OTHER TIERS: 0.50% → $2k - $5k | |||||
Affinity Plus Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.13%* | - | $25k | Interest Reward Checking | ||
| OTHER TIERS: 0.10% → $25k+ | |||||
| 0.10% | - | - | Commercial Checking | ||
| 0.05% | - | - | Small Business Checking | ||
Affinity Plus Federal Credit Union CD Rates
Affinity Plus Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.25% | $500 | - | 60 Month IRA | |
| 2.75% | $500 | - | 36 Month IRA | |
| 1.75% | $500 | - | 12 Month IRA | |
| 1.35% | $100 | - | 12 Month IRA Builder | |
| 0.85% | - | $25k | 12 Month Wahoo! IRA |
