SMW Financial Credit Union is headquartered in Lino Lakes and is the 46th largest credit union in the state of Minnesota. It is also the 1,872nd largest credit union in the nation. It was established in 1954 and as of December of 2020, it had grown to 17 employees and 6,936 members at 2 locations. SMW Financial Credit Union has a B+ health rating.
Membership is open to those who live, work, worship, volunteer or attend school in Anoka, Hennepin, Ramsey or Washington Counties of Minnesota.
See current membership details
Overall | |
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NCUA # | 68676 |
Year Chartered | 1954 |
Employees | 17 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.02% |
Return on Equity - YTD | 0.17% |
Annual Interest Income | $2.5MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $88.6MM$78.1MM |
Loans | Q4 2020vs Q4 2019 | $49.0MM$54.6MM |
Deposits | Q4 2020vs Q4 2019 | $80.3MM$70.3MM |
Equity Capital | Q4 2020vs Q4 2019 | $8.2MM$8.1MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $290.00K$402.00K |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $175.00K$235.00K |
Real Estate Owned | Q4 2020vs Q4 2019 | $196.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not SMW Financial 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | IRA Share Savings | |
0.05% | $5 | - | Holiday Savings Club | |
0.05% | - | - | Union Vacation Account | |
0.02% | $250 | - | Share Savings | |
0.02% | $250 | - | Youth Share Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | - | $20k | Rewards Checking | ||
OTHER TIERS: 0.05% → $20k+ | |||||
0.05% | - | - | Advantage Checking |
SMW Financial Credit Union Locations | ||
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Branch Office | 700 Apollo Dr | Lino Lakes, MN 55014-3035 |
Branch Office | 1691 Cope Ave E | Maplewood, MN 55109-2632 |