Area Community Credit Union

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A short history of Area Community CU

Since its inception in 1964 the Area Community Credit Union has been serving its members in the Grand Forks, North Dakota area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Lonny Nygren, the Area Community CU has grown its membership to over 2,368 with assets of more than $23,403,496. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (701) 772-2690 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Grand Forks, ND.

General Information For Area Community CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 64294
Address 2800 S Washington St 
City Grand Forks 
State North Dakota 
Zip-Code 58201
Phone Number (701) 772-2690
Fax Number (701) 775-4253
Email Address:
CEO/President Lonny Nygren
Members 2,368 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 23,403,496 

Compare Area Community Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Med Park CU Med Park Credit Union 1200 S Columbia Rd 58206 (701) 780-5733 No 3.68
Northern Valley CU Northern Valley FCU 3030 Demers Ave 58201 (701) 772-7922 No 3.88
University CU Memorial Union 2901 University Ave MS 8222 58202 (701) 777-2274 No 4.24
Northern Sts Pwr Company Emp CU Credit Union 1206 5th Ave S 58201 (701) 795-5244 No 4.81
Riverfork CU Riverfork Federal Credit Union 711 N Washington St 58203 (701) 775-0593 No 5.21

Area Community Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Area Community Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 3.95 7.05 4.21 4.41
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 270 549 170 156
Rank Among All North Dakota Credit Unions N/A 18 29 5 5

Area Community Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.13 0.23 1.50 0.31
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 122 110 91 258
Rank Among All North Dakota Credit Unions N/A 11 7 3 18
Area Community Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.600174388,906
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.9502053,584,733
Used Vehicle Loans 7.0504793,254,262
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.210423,360,016
Total Other Real Estate Loans/Lines of Credit 4.410351,235,298
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.5102452,436,598
TOTAL LOANS & LEASES 1,18014,259,813

Area Community Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 0000
    a. > 15 years 363,131,6437832,616
    b. 15 Years or less 6228,37300
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 351,235,29810383,554
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 774,595,314171,216,170


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Area Community Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes