SMW Financial Credit Union is headquartered in Lino Lakes and is the 49th largest credit union in the state of Minnesota. It is also the 1,919th largest credit union in the nation. It was established in 1954 and as of September of 2022, it had grown to 15 employees and 5,412 members at 2 locations. SMW Financial Credit Union's CD rates are 44% higher than the national average, and it 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 | 15 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.31% |
Return on Equity - YTD | 4.07% |
Annual Interest Income | $1.9MM |
Assets and Liabilities | ||
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Assets | Q3 2022vs Q3 2021 | $92.8MM$93.0MM |
Loans | Q3 2022vs Q3 2021 | $55.8MM$55.1MM |
Deposits | Q3 2022vs Q3 2021 | $85.4MM$84.4MM |
Equity Capital | Q3 2022vs Q3 2021 | $7.3MM$8.5MM |
Loan Loss Allowance | Q3 2022vs Q3 2021 | $355.00K$314.00K |
Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $832.00K$702.00K |
Real Estate Owned | Q3 2022vs Q3 2021 | $0$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 | ||
0.05% | $500 | - | Interest 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 |