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Affinity Plus Federal Credit Union


Overview / Commentary
www.affinityplus.org
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 113th largest credit union in the nation. It was established in 1934 and as of June of 2020, it had grown to 522 employees and 214,298 members at 28 locations. Affinity Plus Federal Credit Union's money market rates are 59% higher than 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.)

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Reviews (13)

Affinity Plus gets an A+ from me!

Posted by: |

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!

6

Can Only Fund With Credit Card Or "Plaid"

Posted by: |

The website is nice and live chat is excellent. Tried to sign up for Superior Money Market paying 2%. Unfortunately I can only fund with credit card (via cash advance) or with an app called Plaid. Plaid wants the username and password of your bank. So they don't perform bank transfers in the normal way with only the account number and routing number.

4

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.

12

Stay Away!!!

Posted by: |

I just tried to open a 5-year CD online based on the high interest rate Affinity Plus offered. When I reached close to the final step, it said to allow for up to $5000 only! I initiated live chat and one of their representatives answered that for online applications $5000 would be the limit due to security reasons. But it was not posted anywhere on their website! So I asked to close my application and figure it was a waste of time, so be it.

Then I got a credit alert that Affinity Plus pulled a credit report without my permission!!! For god's sake, I was just trying to open a CD account, which would not be open without being fully funded by me. Now even with my application closed right away (within about 15 minutes), they went ahead and pulled my credit report, WHY???

It sounded like a shady institution. Stay away and don't be lured by their high interest rates.

22
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Health
A

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
NCUA #24362
Year Chartered1934
Employees522
Primary Regulator
Profit Margin
Return on Assets - YTD1.06%
Return on Equity - YTD11.63%
Annual Interest Income$51.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$2.89B$2.29B
LoansQ2 2020vs Q2 2019$2.27B$1.96B
DepositsQ2 2020vs Q2 2019$2.61B$2.04B
Equity CapitalQ2 2020vs Q2 2019$249.3MM$219.8MM
Loan Loss AllowanceQ2 2020vs Q2 2019$16.1MM$10.6MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$10.8MM$8.5MM
Real Estate OwnedQ2 2020vs Q2 2019$145.00K$480.00K
Rates
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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
0.50%--IRA Savings
0.10%--Shares II
0.10%$10-Business Shares
0.10%--Membership Savings
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: 0.70% → $25k+
0.70%$25k-Nova Money Market
0.50%$10k-A+ Money Market
0.35%*$5k*-Capitol Money Market
OTHER TIERS: 0.25% → $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
0.90%$500-Business 36 Month CD
0.85%$500-24 Month CD
0.85%$500-36 Month CD
0.85%$500-30 Month CD
0.85%$500-Business 24 Month CD
0.85%$500-Business 30 Month CD
0.75%$500-12 Month CD
0.75%$500-18 Month CD
0.75%$500-Business 12 Month CD
0.75%$500-Business 18 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

Minneapolis Area

Interactive local rates map


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.