Star Choice Credit Union

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A short history of Star Choice CU

Since its inception in 1931 the Star Choice Credit Union has been serving its members in the Bloomington, 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 Dan Christiansen, the Star Choice CU has grown its membership to over 6,508 with assets of more than $52,939,499. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (952) 698-7228 or email them at msr@starchoicecu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Bloomington, MN.

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

Charter Number 64706
Address 10750 France Ave S 
City Bloomington 
State Minnesota 
Zip-Code 55431
Phone Number (952) 698-7228
Fax Number () -
Email Address: msr@starchoicecu.org
CEO/President Dan Christiansen
Members 6,508 
Full-Time Employees 11 
Part-Time Employees
Number of Branch Offices
Total Assets 52,939,499 
Website http://www.starchoicecu.org 

Compare Star Choice Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Ziegler CU Ziegler Federal Credit Union 901 W 94th St 55420 (952) 885-8183 No 1.04
Toro Employees CU Toro Employees Federal Credit Union 8111 Lyndale Ave S 55420 (952) 887-8041 No 2.36
Richfield-bloomington CU Bloomington 4025 W Old Shakopee Rd 55437 (612) 798-7100 No 3.20
Firefly CU Chanhassen 7905 Great Plains Blvd 55317 (952) 882-5858 No 3.94
Soo Line CU SLCU Brooklyn Crossing 3200 Northway Dr Ste 380 55429 (763) 569-9977 No 5.72

Star Choice Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Star Choice 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 2.75 2.75 3.50 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 115 71 72 168
Rank Among All Minnesota Credit Unions 10 20 10 9 17

Star Choice Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.10 0.20 0.05
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 143 134 318 291
Rank Among All Minnesota Credit Unions N/A 22 24 41 38
Star Choice Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9009622,327,048
All Other Unsecured Loans/Lines of Credit 15.0008151,738,738
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.500156135,179
New Vehicle Loans 2.750902,000,405
Used Vehicle Loans 2.7501,16313,423,191
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.50022819,060,823
Total Other Real Estate Loans/Lines of Credit 4.5002618,338,445
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.000107787,264
TOTAL LOANS & LEASES 3,78247,811,093

Star Choice 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 0000
    b. 15 Years or less 22618,944,920303,761,811
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 2115,9032117,600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 452,226,7328286,489
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2166,111,71300
Open-End Fixed Rate 0000
TOTALS 48927,399,268404,165,900

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

Star Choice 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 Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes