Advertising Disclosure
  1. Banks
  2. SMW Financial Credit Union

SMW Financial Credit Union


Overview / Commentary
www.smwfcu.com
651-747-1500
700 Apollo Dr
Lino Lakes, MN 55014

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.

Field of Membership Restrictions

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

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B

Data as of Q3 2022

Learn why bank health matters
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. SMW Financial Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #68676
Year Chartered1954
Employees15
Primary Regulator
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD4.07%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$92.8MM$93.0MM
LoansQ3 2022vs Q3 2021$55.8MM$55.1MM
DepositsQ3 2022vs Q3 2021$85.4MM$84.4MM
Equity CapitalQ3 2022vs Q3 2021$7.3MM$8.5MM
Loan Loss AllowanceQ3 2022vs Q3 2021$355.00K$314.00K
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$832.00K$702.00K
Real Estate OwnedQ3 2022vs Q3 2021$0$0
Rates
Skip to rates for:
Report an Issue

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.

SMW Financial Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

SMW Financial Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$100k*-Wealth Builder Venture Money Market Savings
OTHER TIERS: 0.25% → $25k - $50k | 0.35% → $50k - $100k
0.35%*$50k*-Wealth Builder Money Market Savings
OTHER TIERS: 0.20% → $2.5k - $10k | 0.25% → $10k - $50k

SMW Financial Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$20kRewards Checking
OTHER TIERS: 0.05% → $20k+
0.05%--Advantage Checking
0.05%$500-Interest Checking

SMW Financial Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$5k-13 Month CD Special
2.00%$500-60 Month CD
1.90%$500-48 Month CD
1.60%$500-36 Month CD
1.55%$500-24 Month CD
1.40%$500-30 Month CD
1.30%$500-12 Month CD
1.00%$500-6 Month CD
0.50%*$100k*-49 Month Wealth Builder CD
OTHER TIERS: 0.25% → $25 - $10k | 0.40% → $10k - $50k | 0.45% → $50k - $100k
0.30%*$100k*-29 Month Wealth Builder CD
OTHER TIERS: 0.15% → $25 - $10k | 0.20% → $10k - $50k | 0.25% → $50k - $100k
0.25%*$50k*-19 Month Wealth Builder CD
OTHER TIERS: 0.05% → $25 - $10k | 0.10% → $10k - $50k

SMW Financial Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500-60 Month IRA
1.90%$500-48 Month IRA
1.60%$500-36 Month IRA
1.55%$500-24 Month IRA
1.40%$500-30 Month IRA
1.30%$500-12 Month IRA
1.00%$500-6 Month IRA
0.50%*$100k*-49 Month Wealth Builder IRA
OTHER TIERS: 0.25% → $25 - $10k | 0.40% → $10k - $50k | 0.45% → $50k - $100k
0.30%*$100k*-29 Month Wealth Builder IRA
OTHER TIERS: 0.15% → $25 - $10k | 0.20% → $10k - $50k | 0.25% → $50k - $100k
0.25%*$50k*-19 Month Wealth Builder IRA
OTHER TIERS: 0.05% → $25 - $10k | 0.10% → $10k - $50k
Locations


SMW Financial Credit Union Locations
Branch Office700 Apollo DrLino Lakes, MN 55014-3035
Branch Office1691 Cope Ave EMaplewood, MN 55109-2632

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.