North Shore Credit Union Silver Bay MN | Low Mortgage Rates & Business Banking

Introduction

Welcome to North Shore, your trusted financial partner in the heart of Silver Bay, MN! Since our establishment in 1967, we have been dedicated to providing exceptional banking services tailored to meet the needs of our community. Located at 85 Outer Dr, Silver Bay, MN 55614, our branch has become a cornerstone for over 12,960 members who rely on us for their personal and business financial needs. At North Shore, we pride ourselves on our impressive financial strength. With total assets amounting to an astounding $279,189,465 and total deposits reaching $63,029,266, you can trust that your money is safe with us. Our commitment to responsible lending is evident in our portfolio of 7,749 loans and leases, empowering members to achieve their dreams whether it's buying a new car or purchasing a home. Our leadership team, guided by CEO Cassie Ernest and Board President James Lukken, is passionate about serving you. With a dedicated staff of 64 employees, we are here to support you with personalized service that makes banking easy and accessible. We also offer convenient features like online and mobile banking, ensuring that you can manage your finances on the go. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 85 Outer Drive, Silver Bay, MN 55614. Whether you're looking for checking accounts, auto loans, or business banking solutions, we invite you to explore what North Shore has to offer. We believe that strong communities build strong credit unions. Join us today and experience the difference that local banking can make! For more information or assistance, feel free to call us at 218-226-4401 or visit our website at https://www.northshorefcu.org . We're excited to help you achieve your financial goals!

Branch History & Mission

The story of North Shore in Silver Bay, MN, is one of commitment to community and the pursuit of financial empowerment. Established in 1967, our branch has grown alongside the vibrant community it serves, steadily evolving from its humble beginnings into a trusted financial institution. With over 12,960 members and total assets amounting to an impressive $279,189,465, we have established ourselves as a cornerstone of support for individuals and families alike. Located at 85 Outer Dr, Silver Bay, MN 55614, North Shore has become synonymous with reliable banking services. Our branch is easily accessible and offers a welcoming environment where members can feel confident in managing their finances. Whether you need to stop by for personal banking or take advantage of our drive-thru service for quick transactions, we are here to assist you. For any official correspondence, please send mail to 85 Outer Drive, Silver Bay, MN 55614, which is the same as our physical address. At North Shore, our mission goes beyond providing basic financial services; we are dedicated to enhancing the lives of our members and supporting our local community. Our services include personal banking options like checking and savings accounts, auto loans, mortgages, business loans, and much more. We believe that everyone deserves access to financial tools that foster stability and growth. Throughout the years, we have embraced technology to meet the needs of our members better. From online banking and mobile payments to electronic signatures and e-statements, we ensure that managing your finances is convenient and straightforward. We also prioritize accessibility by maintaining ADA compliance across all our services. Our community outreach efforts reflect our dedication to making a positive impact. By partnering with local organizations and participating in events throughout Silver Bay and beyond, we aim to uplift those around us while fostering a sense of belonging among our members. Join us at North Shore! Experience firsthand how we can help you achieve your financial goals while being part of a caring community. Together, let's build a brighter future one member at a time. For more information or assistance, feel free to reach out at 218-226-4401 during our operating hours from 8:00 am to 5:00 pm on weekdays (drive-up service available until 4:30 pm). We look forward to welcoming you!

Branch Location & Accessibility

Convenient Access

At North Shore, we pride ourselves on accessibility. Whether you're driving in or walking from nearby landmarks like the Silver Bay Marina, our location is easy to reach. Ample parking is available, and our facility is fully ADA compliant, ensuring that everyone can enjoy our services without barriers. While members can visit us at 85 Outer Drive, official correspondence should be sent to the same address: 85 Outer Drive, Silver Bay, MN 55614.

Get in Touch

Have questions or need assistance? We're here for you! Feel free to call us at 218-226-4401 during business hours. We invite you to come by our Silver Bay branch and discover how we can help you achieve your financial goals with friendly service and expert guidance. Your journey toward better banking starts here at North Shore!

Hours and Services

We understand that life gets busy. That's why our lobby hours are tailored for your convenience open Monday through Friday from 8:30 AM to 4:30 PM. Plus, if you need quick service on the go, our drive-thru banking opens at 8:00 AM and closes at 5:00 PM each weekday. Our branch offers a variety of services including personal banking options such as checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and even business banking solutions. Need cash? We have an ATM on-site for quick withdrawals and balance checks.

Member Eligibility

Becoming a member of North Shore is like stepping into a warm community where your financial needs are understood and prioritized. If you live, work, or worship in the area, you're likely eligible to join us! We believe that everyone deserves access to friendly, personalized banking services. Our membership is open to individuals who share our values and commitment to community. To learn more about specific eligibility details, you can visit our website at https://www.northshorefcu.org/about/membership . Once you're ready to take the next step, opening an account with North Shore is simple and straightforward. Just give us a call at (218) 226-4401, and we'll guide you through the process. We're here to help you enjoy all the benefits of being part of our family at North Shore, located at 85 Outer Dr Silver Bay Mn 55614. Join us today and experience the difference!

Business Banking & Commercial Services

Merchant Services that Matter

In today's market, efficient payment processing is crucial. Our merchant services simplify transactions so you can focus on what you do best running your business. Imagine being able to accept payments seamlessly, whether in-store or online, ensuring you never miss a sale. With our support, you can enhance customer satisfaction while streamlining operations. Visit us at 85 Outer Dr Silver Bay Mn 55614 in Silver Bay, MN, or call us at (218) 226-4401 to learn how our business banking and commercial services can help your venture thrive!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $165 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $30,344,521, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Solutions

If you run a business, we have you covered too! Our business banking services include merchant services and business loans that can help fuel your growth and streamline transactions. With these tools, managing your business finances becomes much more straightforward.

Connect with Us

Whether you're an existing member or thinking about joining us at Silver Bay, we encourage you to reach out with any questions or visit us at our branch location. Our team is ready to assist you from 8:00 am - 5:00 pm (drive-up until 4:30 pm) Monday through Friday. Give us a call at (218) 226-4401 or explore our services further by visiting our website. Join us today and experience how North Shore can make a difference in your financial journey!

Convenient Access

At North Shore, convenience is key. We offer basic drive-thru banking for quick deposits, withdrawals, and other simple transactions perfect for those busy days when time is limited. Plus, with our online and mobile banking capabilities, managing your accounts has never been easier.

Loans Made Easy

When it comes to financing, we understand that life can be unpredictable. That's why we offer a variety of loan options tailored to meet your specific circumstances. Need a new car? Our auto loans and vehicle financing make it simple to get behind the wheel of your dream ride. If you're considering buying a home, our mortgage loans and refinancing options can help ease the burden of large payments while securing favorable rates. For those times when unexpected expenses arise, our personal loans and debt consolidation services provide the support you need without breaking the bank. And don't forget about our credit cards with rewards; they're perfect for earning perks while making everyday purchases.

Personal Banking

Our personal banking options are designed with you in mind. Whether you're looking to open a checking or savings account, our friendly staff is here to help you choose the right account for your needs. Imagine having easy access to your money through our online and mobile banking features, allowing you to manage your finances anytime, anywhere. You can also take advantage of our ATM services for quick cash withdrawals and balance checks.

Digital & Online Banking

Key Services at Your Fingertips

Our online banking platform, accessible at https://www.northshorefcu.org/ , provides 24/7 service so you can check balances, pay bills, and transfer funds whenever it suits you. Whether you're at home or on the go, managing your account is easy and secure. Plus, with our mobile application available for download, banking has never been more accessible. You can enjoy the benefits of electronic statements, meaning no more paper clutter just clear and easy-to-read documents right in your inbox! If you prefer an even faster way to send money to friends or family, our person-to-person transfer feature allows you to do just that with ease.

Security Meets Convenience

We prioritize your security with features like electronic signature authorization. This means you can sign documents safely from anywhere without needing to visit a branch. You can also take advantage of mobile payments, making transactions quick and straightforward right from your smartphone. At North Shore, we believe that banking should be straightforward and user-friendly. With real-time account management and the ability to set up alerts for important transactions or balances, you'll always be in the loop about your finances. So why wait? Explore all our digital banking options today and discover how easy it is to manage your money with North Shore!

Financial Strength

Commitment to Growth

Our commitment to growth is reflected in our $32,041,761 in undivided earnings. This means we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. Currently, we have supported our community with $2,482 in used auto loans and $192,325,634 in total loans and leases, helping our members achieve their financial goals across various sectors.

Member Savings and Security

We prioritize your savings and security. Members' funds are secured through $60,953,345 in share certificates and $40,545,456 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we focus on benefiting our members first. With non-member deposits at $0, we ensure that our resources are directed toward improving your experience through better loan rates, lower fees, and exclusive perks.

Member Trust

The trust of our growing member base is evident through our total share accounts of 41,541. This reflects the confidence placed in us by our members who choose North Shore as their trusted partner for all their financial needs. In conclusion, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, North Shore is your trusted partner. Visit us at 85 Outer Dr Silver Bay Mn 55614 or call (218) 226-4401 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our operational efficiency is highlighted by our net income of $1,305,544, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 58 full-time employees and 6 part-time employees who are always ready to serve you with a knowledgeable, committed team.

Our Financial Health

With a net worth of $33,347,305, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This net worth is complemented by our impressive net worth ratio of $1,194, demonstrating a solid capital foundation. This ensures that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $38,034,955 in used vehicle loans and $14,791,674 in new vehicle loans already helping members get on the road. Whether you're looking for financing for a brand-new model or a reliable pre-owned vehicle, our team is here to assist you every step of the way.

Business Financing

For business owners seeking growth opportunities, our outstanding commercial loans totaling $30,344,521 provide the capital necessary for expansion. We understand that every business has unique needs and are here to help you find the right financing solution. At North Shore Credit Union, we pride ourselves on being member-focused and community-oriented. Our loan products are designed with your best interests in mind. Remember that performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. To learn more about our loan offerings or eligibility requirements, visit us online or stop by our branch today!

Credit Card Loans

Managing finances effectively can be made easier with our flexible terms on unsecured credit card loans. We currently have a total of $1,347,241 in these loans available for our members. Whether you're looking to consolidate debt or manage unexpected expenses, our credit card options provide the support you need.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $10,673,933, making buying or refinancing simple. We believe in making home financing accessible and straightforward. If you're interested in refinancing options or want to check your eligibility, don't hesitate to reach out.

Loan Aggregator

Ensuring Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This means you can trust that the offers presented are not only current but also fair and transparent. Each lender featured is vetted to ensure compliance with established lending practices, which helps users feel secure in their choices.

Key Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. This eliminates concerns about hidden fees or misleading terms. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. Every user receives the same level of information, allowing for a fair comparison across all available loans. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions quickly. This feature saves time and ensures that potential borrowers have access to the best deals available. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials underscore the effectiveness of this tool in helping individuals save money while securing loans. Ready to take control of your borrowing? Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

NORTH SHORE FEDERAL CREDIT UNION

Introduction

Branch History & Mission

Branch Location & Accessibility

Convenient Access

Get in Touch

Hours and Services

Member Eligibility

Business Banking & Commercial Services

Merchant Services that Matter

Tailored Loan Solutions

Comprehensive List Of Services

Business Banking Solutions

Connect with Us

Convenient Access

Loans Made Easy

Personal Banking

Digital & Online Banking

Key Services at Your Fingertips

Security Meets Convenience

Financial Strength

Commitment to Growth

Member Savings and Security

Member Trust

Operational Efficiency

Our Financial Health

Loan Offering

Auto Loans

Business Financing

Credit Card Loans

Mortgage Loans

Loan Aggregator

Ensuring Accurate Comparisons

Key Benefits of Using LendMesh

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