Member Eligibility
At Area Community, we believe that joining our community is more than just opening an account it's about becoming part of a supportive family. If you're looking to become a member, you'll find that the process is straightforward and welcoming. Generally, membership is open to anyone who lives, works, or worships in our local area, making it easy for you to get involved. We encourage you to explore all the wonderful benefits that come with being a member at Area Community, from competitive loan rates to personalized service. If you're ready to take the next step, you can find detailed information on eligibility. Our friendly staff is also here to help; feel free to reach out at (701) 772-2690 for any questions or assistance you may need along the way. We can't wait to welcome you into our community!
Financial Strength
At Area Community, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. You can trust that your financial future is in capable hands with us. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $5,280,076, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 19.94% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $4,252,511 in share certificates and $5,620,864 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $4,753,836 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Furthermore, with $398 in used auto loans and $19,003,963 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is reflected in our $13,051, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 8 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Total Share Accounts stand strong at 3,533, showing a robust and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Area Community is your trusted partner. Visit us at 2800 S Washington St Grand Forks Nd 58201 or call (701) 772-2690 to learn more about how we can help you achieve your financial goals.
