Overview / Commentary
3300 Oakdale Ave N
Robbinsdale, MN 55422-2926

North Memorial Federal Credit Union is headquartered in Robbinsdale and is the 62nd largest credit union in the state of Minnesota. It is also the 2,595th largest credit union in the nation. It was established in 1964 and as of December of 2018, it had grown to 11 employees and 4,325 members at 2 locations. North Memorial Federal Credit Union's CD rates are 39% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees of North Memorial Medical Center, any of its associates or affiliated office/clinic, employees of Maple Grove Hospital or any affiliated office or clinic, employees of medical offices that admit to either hospital, Saint Therese Home, Inc., Financial Recovery Service, Inc, Premier Health Chiropractic, American Family Insurance - Steven G. Graham Agency, Inc., Grove Salons Inc,, Fine Line for Hair, Inc, or DJ Kranz.
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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. North Memorial Federal Credit Union has a low asset base.

Health Grade Components

NCUA #16248
Year Chartered1964
Primary Regulator
Profit Margin
Return on Assets - YTD0.15%
Return on Equity - YTD1.45%
Annual Interest Income$1.6MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$38.4MM$39.4MM
LoansQ4 2018vs Q4 2017$27.4MM$27.2MM
DepositsQ4 2018vs Q4 2017$34.4MM$35.4MM
Equity CapitalQ4 2018vs Q4 2017$3.9MM$3.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$307.00K$235.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$420.00K$170.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
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Always verify rates and promotions with the bank or credit union. We are not North Memorial 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.

North Memorial Federal Credit Union Savings Account Rates

0.15%--IRA Deposit Account
0.05%$5-Regular Shares Account
0.05%--Christmas Club Account
0.05%$5-WINcentive Share

North Memorial Federal Credit Union Money Market Rates

0.40%*$100k*-Money Market Account
OTHER TIERS: 0.20% Up to $10k | 0.25% $10k - $25k | 0.30% $25k - $50k | 0.35% $50k - $100k

North Memorial Federal Credit Union Checking Account Rates

0.10%*$5k*-Lifestyle Checking Account
OTHER TIERS: 0.05% $400 - $5k

North Memorial Federal Credit Union CD Rates

2.50%$500-57 Month CD Special
2.25%$500-5 Year CD
2.15%$2.5k-5 Year "Step Up" Rate CD
2.00%$500-4 Year CD
2.00%$500-38 Month CD Special
1.75%$500-3 Year CD
1.65%$2.5k-3 Year "Step Up" Rate CD
1.50%$500-2 Year CD
1.25%$500-1 Year CD
1.00%$500-6 Month CD
0.75%$500-3 Month CD

North Memorial Federal Credit Union IRA Rates

1.75%$500-3 Year IRA
1.50%$500-2 Year IRA
1.25%$500-1 Year IRA

North Memorial Federal Credit Union Locations
Branch Office3300 Oakdale Ave NRobbinsdale, MN 55422-2926
Branch Office15601 Grove Cir NMaple Grove, MN 55369-4489

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