North Memorial Federal Credit Union

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A short history of North Memorial FCU

Since its inception in 1964 the North Memorial Federal Credit Union has been serving its members in the ROBBINSDALE, Minnesota 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 Dana Garrett, the North Memorial FCU has grown its membership to over 4,304 with assets of more than $38,311,559. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (763) 367-7700 or email them at members@northmemorialfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ROBBINSDALE, MN.

General Information For North Memorial FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 16248
Address 3300 OAKDALE AVE N 
City ROBBINSDALE 
State Minnesota 
Zip-Code 55422
Phone Number (763) 367-7700
Fax Number (763) 367-7725
Email Address: members@northmemorialfcu.com
CEO/President Dana Garrett
Members 4,304 
Full-Time Employees 10 
Part-Time Employees
Number of Branch Offices
Total Assets 38,311,559 
Website http://www.northmemorialfcu.com 

Compare North Memorial Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Transit Operations CU MAIN 725 N 7TH ST 55411 (612) 338-9985 No 3.07
Diversified CU Waseca 299 Johnson Ave SW 56093 (507) 833-4320 No 3.37
Mill City Credit Union CU Administration 9999 Wayzata Blvd 55305 (763) 764-6900 No 4.12
Electric Machinery Employees CU ELECTRIC MACHINERY EMPLOYEES CREDIT UNION 800 CENTRAL AVE NE 55413 (612) 378-8100 No 4.52
Financial One CU Financial One Credit Union 843 40th Ave NE 55421 (763) 788-7700 No 4.94

North Memorial Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


North Memorial Federal 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 10.90 2.49 2.99 4.25 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 83 91 174 132
Rank Among All Minnesota Credit Unions 26 12 13 23 15

North Memorial Federal 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 0.19 0.65 0.51
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 119 234 226
Rank Among All Minnesota Credit Unions 12 22 21 26 25
North Memorial Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9006141,255,486
All Other Unsecured Loans/Lines of Credit 12.9006861,538,609
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 5.850531,539,319
New Vehicle Loans 2.4901171,930,101
Used Vehicle Loans 2.9907568,623,667
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.250243,783,118
Total Other Real Estate Loans/Lines of Credit 4.2501515,774,425
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.5001291,434,835
TOTAL LOANS & LEASES 2,53025,879,560

North Memorial Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 122,271,2541204,400
    b. 15 Years or less 111,216,63500
Balloon/Hybrid
    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 1295,22900

OTHER REAL ESTATE

Closed-End Fixed Rate 873,313,07712746,081
Closed-End Adjustable Rate 9335,11700
Open-End Adjustable Rate 552,126,2314390,000
Open-End Fixed Rate 0000
TOTALS 1759,557,543171,340,481

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

North Memorial Federal 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 Yes
Overdraft Lines of Credit Yes
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