Share Advantage Credit Union

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A short history of Share Advantage CU

Since its inception in 1926 the Share Advantage Credit Union has been serving its members in the DULUTH, 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 Kellee Lueck Schafer, the Share Advantage CU has grown its membership to over 3,998 with assets of more than $41,741,702. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (218) 740-2221 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 DULUTH, MN.

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

Charter Number 60242
Address 2502 MAPLE GROVE RD 
State Minnesota 
Zip-Code 55811
Phone Number (218) 740-2221
Fax Number (218) 740-3080
Email Address:
CEO/President Kellee Lueck Schafer
Members 3,998 
Full-Time Employees 10 
Part-Time Employees
Number of Branch Offices
Total Assets 41,741,702 

Compare Share Advantage Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Hermantown CU Duluth Branch Office 2501 London Rd 55812 (218) 729-7733 No 1.31
Northern Communities CU Virginia 800 S 16th Ave 55792 (218) 741-8155 No 3.69
Duluth Police Department Employees CU Duluth Police Department Employees Credit Union 2030 N Arlington Ave 55811 (218) 730-5140 No 3.96
Harbor Pointe CU Kenwood Branch 1358 W Arrowhead Rd 55811 (218) 724-8218 No 6.36
Duluth Fire Department CU DFDCU 602 W 2nd St 55802 (218) 723-8357 No 6.38

Share Advantage Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Share Advantage 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 2.99 3.87 3.50 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 N/A 145 187 72 132
Rank Among All Minnesota Credit Unions N/A 27 30 9 15

Share Advantage Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.15 0.30 0.35
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 124 302 250
Rank Among All Minnesota Credit Unions 12 17 23 36 29
Share Advantage Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 11.740173354,941
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.990601,260,348
Used Vehicle Loans 3.8705214,577,312
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.50011912,732,307
Total Other Real Estate Loans/Lines of Credit 4.2501173,298,408
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 1.9901361,235,267
TOTAL LOANS & LEASES 1,12623,458,583

Share Advantage 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 585,220,1255382,500
    a. > 15 years 274,368,356101,984,750
    b. 15 Years or less 322,831,1071100,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 2312,71900


Closed-End Fixed Rate 1062,987,67214686,336
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 11310,736120,000
Open-End Fixed Rate 0000
TOTALS 23616,030,715313,173,586


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

Share Advantage 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 No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes