North Shore Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.northshorefcu.org

218-226-4401

85 Outer Dr
Silver Bay, MN 55614

North Shore Federal Credit Union is headquartered in Silver Bay and is the 24^th largest credit union in the state of Minnesota. It is also the 1,072^nd largest credit union in the nation. It was established in 1967 and as of March of 2025, it had grown to 64 employees and 13,244 members at 7 locations. North Shore Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership in North Shore Federal Credit Union is open to those who live, work, worship, attend school, or regularly conduct business in the Minnesota counties of Cook, Lake or St. Louis.
See current membership details

Reviews

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Health

A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	18473
Year Chartered	1967
Employees	64
Primary Regulator

Profit Margin
Return on Assets - YTD	0.21%
Return on Equity - YTD	1.69%
Annual Interest Income	$3.4MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$281.1MM$269.4MM
Loans	Q1 2025vs Q1 2024	$196.9MM$191.5MM
Deposits	Q1 2025vs Q1 2024	$245.9MM$235.7MM
Equity Capital	Q1 2025vs Q1 2024	$34.5MM$32.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$212K$200K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$783K$144K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for North Shore Federal Credit Union are currently being reviewed.

Locations

North Shore Federal Credit Union Locations
Branch Office	85 Outer Dr	Silver Bay, MN 55614-1132
Branch Office	122 E Highway 61	Grand Marais, MN 55604
Branch Office	5335 W Highway 61	Lutsen, MN 55612-9542
Branch Office	77 Mile Creek Rd	Grand Portage, MN 55605-3028
Branch Office	404 7th Ave	Two Harbors, MN 55616-1450
Branch Office	2104 London Rd	Duluth, MN 55812
Branch Office	1902 W Superior St	Duluth, MN 55806-2141

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