Affinity Plus Federal Credit Union


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

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 119th largest credit union in the nation. It was established in 1934 and as of December of 2019, it had grown to 526 employees and 208,855 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 Minneapolis/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

Related Posts

Affinity Plus Federal Credit Union Unveils Superior Money Market - 1/22/2020

Affinity Plus Federal Credit Union's (easy membership) Superior Money Market account earns 2.02% APY up to $25k. Must have direct deposit ($500 min) to earn stated APY.

Affinity Plus Federal Credit Union 60-Month CD Is A Rate Leader - 1/14/2020

Affinity Plus Federal Credit Union (easy membership) has added 25 bps to three of its CDs: 60-month (3.00% APY), 30-month (2.50% APY), 18-month (2.25% APY).

Affinity Plus FCU: 5-Yr. CD, 3.00% APY - 1/11/2020

Nationally available 5-yr. CD at 3.00% APY; $500 minimum (They also have a 12-month "Certificate Builder" add-on CD with an APY of 1.75%; $100 minimum) Rate sheet at https://www.affinityplus.org/rates/personal-checking-saving#certificate Membership eligibility at https://www.affinityplus.org/membership/whos-eligible (Nationally available via one-time $25 dues payment to the Affinity Plus Foundation, supporting financial education across MN.)

View all posts from:


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.

Application Declinded?

Posted by: |

I applied for a CD from out-of-state, something I've done many times with many different financial institutions.

I was stunned when I got an email saying "We regret we cannot open your account...We were unable to verify your identity or other personal information."

There was some glitch, and, short of traveling 3,000 miles to appear personally at the credit union, I was told that there was nothing they could do. Very frustrating.

Fortunately, there was something I could do. I opened a CD at Hiway Federal Credit Union where they were extremely helpful.

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%.

VIEW MORE REVIEWS

Health

Health Grade Components

Overall
NCUA #24362
Year Chartered1934
Employees526
Primary Regulator
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD11.36%
Annual Interest Income$99.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$2.40B$2.18B
LoansQ4 2019vs Q4 2018$2.13B$1.94B
DepositsQ4 2019vs Q4 2018$2.14B$1.95B
Equity CapitalQ4 2019vs Q4 2018$234.8MM$208.1MM
Loan Loss AllowanceQ4 2019vs Q4 2018$10.5MM$9.8MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$9.9MM$12.8MM
Real Estate OwnedQ4 2019vs Q4 2018$442.00K$191.00K
Rates
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$10$500Membership Savings
OTHER TIERS: 0.10% $500+
0.50%--IRA Savings
0.10%--Shares II
0.10%$10-Business Shares
0.10%$5-WINcentive Savings
0.10%--Business Shares II

Affinity Plus Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*-$25kSuperior Money Market
OTHER TIERS: 0.75% $25k+
1.00%$25k-Nova Money Market
0.75%$10k-A+ Money Market
0.60%*$5k*-Capitol Money Market
OTHER TIERS: 0.50% $2k - $5k

Affinity Plus Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.13%*$200*$25kInterest Reward Checking
OTHER TIERS: 0.10% $25k+
0.10%--Commercial Checking
0.05%--Small Business Checking

Affinity Plus Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$500-60 Month CD
1.25%$500-Business 60 Month CD
1.11%$500-Business 48 Month CD
1.10%$500-48 Month CD
1.05%$500-30 Month CD
1.05%$500-Business 30 Month CD
0.90%$500-36 Month CD
0.90%$500-Business 36 Month CD
0.85%$500-24 Month CD
0.85%$500-18 Month CD
0.85%$500-Business 18 Month CD
0.85%$500-Business 24 Month CD
0.75%$500-12 Month CD
0.75%$500-Business 12 Month CD
0.65%$100-12 Month CD Builder
0.65%$100-Business 12 Month CD Builder
0.60%-$25k12 Month Wahoo! CD
0.60%-$25kBusiness 12 Month Wahoo! CD
0.55%$500-6 Month CD
0.55%$500-Business 6 Month CD
0.40%$500-3 Month CD
0.40%$500-Business 3 Month CD

Affinity Plus Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$500-60 Month IRA
0.90%$500-36 Month IRA
0.75%$500-12 Month IRA
0.65%$100-12 Month IRA Builder
0.60%-$25k12 Month Wahoo! IRA
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.