Med Park Credit Union

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A short history of Med Park CU

Since its inception in 1965 the Med Park 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 Cheryl Malm, the Med Park CU has grown its membership to over 2,113 with assets of more than $19,170,285. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (701) 780-5733 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 Med Park CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62593
Address PO Box 6002 
City Grand Forks 
State North Dakota 
Zip-Code 58206
Phone Number (701) 780-5733
Fax Number (701) 780-1044
Email Address:
CEO/President Cheryl Malm
Members 2,113 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 19,170,285 

Compare Med Park Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Riverfork CU Riverfork Federal Credit Union 711 N Washington St 58203 (701) 775-0593 No 0.59
Northern Sts Pwr Company Emp CU Credit Union 1206 5th Ave S 58201 (701) 795-5244 No 0.76
University CU Memorial Union 2901 University Ave MS 8222 58202 (701) 777-2274 No 1.73
Northern Valley CU Northern Valley FCU 3030 Demers Ave 58201 (701) 772-7922 No 1.92
Area Community CU Area Community Credit Union 2800 S Washington St 58201 (701) 772-2690 No 2.35

Med Park Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Med Park 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 8.90 2.15 2.50 N/A 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 46 52 N/A 229
Rank Among All North Dakota Credit Unions 6 3 3 N/A 11

Med Park Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 N/A 0.35 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 N/A 293 N/A
Rank Among All North Dakota Credit Unions 6 16 N/A 20 N/A
Med Park Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9004231,373,407
All Other Unsecured Loans/Lines of Credit 12.00084140,328
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.150902,089,750
Used Vehicle Loans 2.5001331,452,801
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 5.000712,954,725
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.500801,431,653
TOTAL LOANS & LEASES 8819,442,664

Med Park 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 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 692,939,94513721,000
Open-End Fixed Rate 214,780110,000
TOTALS 712,954,72514731,000


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

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