North Star Community Credit Union Velva ND | Low Mortgage Rates & Auto Loans

Introduction

Welcome to North Star Community in Velva, ND! At our branch located at 111 Main St N, Velva, ND 58790, we pride ourselves on being more than just a financial institution; we are a trusted partner in your community. Established in 1940, we've been serving our members for over 80 years, offering personalized banking solutions that cater to your unique needs. With a strong membership base of 22,241, we have built lasting relationships with our members. Our commitment to supporting you is reflected in our robust financial health, boasting total assets of $463,648,895 and total deposits of $9,685,767. We understand the importance of financial stability and are here to help you navigate your financial journey. Led by our dedicated CEO Bob Herrington and Board President Michael Black, our team of 106 employees is ready to assist you with a range of services. Whether you're looking for auto loans, mortgage options, or personal banking solutions, we've got you covered. Our total loans amount to an impressive 16,428, highlighting our dedication to providing the funding you need to achieve your goals. While members can visit us at 111 Main St N, official correspondence should be sent to our mailing address: PO Box 59, Velva, ND 58790-0059. We invite you to explore what we offer by visiting our website at northstarccu.com or giving us a call at 701-338-2029. Join us today and experience the North Star difference where your financial wellbeing is our top priority!

Branch History & Mission

At North Star Community, we are proud to have a rich history that dates back to our establishment in 1940. From our humble beginnings, we have grown into a trusted financial institution serving the vibrant community of Velva, ND. Located at 111 Main St N, Velva, ND 58790, our branch has become a cornerstone for members seeking personalized banking solutions and support. Over the years, North Star Community has evolved significantly. We now proudly serve over 22,241 members and manage total assets amounting to $463,648,895. Our journey is marked by a commitment to providing quality financial services while fostering strong relationships within the community. Our mission is clear: we aim to empower our members by offering an array of financial products that cater to their needs. Whether it's personal banking services like checking and savings accounts, auto loans, mortgages, or business banking solutions, we are dedicated to helping our members achieve their financial goals. Additionally, we believe in giving back to the community that supports us. Through various outreach programs and partnerships with local organizations, we strive to make a positive impact in Velva and beyond. While members can visit us at 111 Main St N, official correspondence should be sent to PO Box 59, Velva, ND 58790-0059. We understand that convenience matters; that's why we offer multiple ways for our members to bank with us. With features like ATM availability and drive-thru banking services during convenient hours Monday through Friday from 9 AM to 4:30 PM and Saturday from 9 AM to 12 PM we ensure that accessing your finances is easy. As we embrace advancements in technology, we remain focused on providing top-notch digital services including online banking and mobile payments. Our commitment extends beyond just financial transactions; we prioritize accessibility for all our members by maintaining ADA compliance across all our facilities. We invite you to join the North Star Community family and experience firsthand the benefits of being part of a member-focused credit union. Together, let's build a brighter financial future! For more information or assistance, feel free to reach out at 701-338-2029 or visit us online at North Star Community.

Branch Location & Accessibility

Discover Our Location

Nestled in the heart of Velva, our branch is easily accessible from various parts of town. You can find us near popular local spots, making it simple to visit while running errands or enjoying a day out. We pride ourselves on being a welcoming place for everyone in the community.

Let's Connect!

If you have any questions or need assistance, don't hesitate to give us a call at 701-338-2029. We're excited to help you with your banking needs! Come visit us at North Star Community your trusted partner in finance right here in Velva!

Operating Hours That Fit Your Schedule

Our lobby is open Monday through Friday from 9 AM to 4:30 PM, providing plenty of time for you to come in and meet with our friendly staff. If you're on the go, take advantage of our drive-thru service available from 8 AM to 5 PM during weekdays and from 9 AM to 12 PM on Saturdays. We're here when you need us!

Parking and Accessibility

At North Star Community, we understand how important accessibility is for all our members. Our branch offers ample parking spaces right outside the entrance, with ADA-compliant features like ramps and wide doorways to ensure everyone can enter comfortably.

Services Tailored for You

North Star Community provides a range of services designed to meet your financial needs from checking and savings accounts to auto loans, mortgage financing, and more. And with ATM availability right at our branch, cash withdrawals and balance checks are just as easy as pie!

Member Eligibility

Joining North Star Community is more than just opening an account; it's about becoming part of a welcoming community that supports your financial journey. To become a member, you simply need to meet some friendly eligibility requirements. If you live, work, worship, or attend school in the area around 111 Main St N Velva Nd 58790, you're likely already qualified! We believe in making banking accessible for everyone, so whether you're a student, a professional, or anyone in between, we invite you to explore the benefits of membership with us. You can find detailed information on eligibility at http://www.northstarccu.com/save/open-an-account. Once you know you're eligible, opening your account is a breeze! Just visit our website for the straightforward account opening process at http://www.northstarccu.com/borrow/apply-online. If you have any questions along the way, don't hesitate to give us a call at (701) 338-2029. We're excited to welcome you into our family at North Star Community, where your financial well-being is our top priority!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1,170 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $14 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $134,914,784, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services designed to simplify your transactions. Imagine easily accepting payments from customers while keeping track of sales all at your fingertips. Our services ensure you can focus on what matters most: growing your business without worrying about complicated payment processes. Located conveniently at 111 Main St N Velva Nd 58790 in Velva, ND, our team is ready to help you explore the right options for your business needs. Contact us today at (701) 338-2029 to learn more about how we can partner with you for success!

Comprehensive List Of Services

Accessibility and Support

We also ensure that banking is accessible for everyone with basic ATM access for balance checks and withdrawals. Our friendly staff is always ready to assist with any inquiries or transactions during lobby hours from 9 AM to 4:30 PM on weekdays and from 9 AM to 12 PM on Saturdays at our drive-thru. At North Star Community, we believe in building lasting relationships with our members by offering personalized service along with essential tools for financial success. If you're ready to take the next step towards better banking, feel free to reach out at (701) 338-2029 or visit us online at Velva. Join us today and discover how we can help make your financial dreams a reality!

Business Banking Services

For our business members, we understand that time is money. That's why we offer comprehensive Business Banking solutions including Merchant Services & Business Loans. These services are designed to keep your operations running smoothly and efficiently, allowing you to focus on what truly matters growing your business.

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why we provide robust Online & Mobile Banking features that enable you to access your accounts anytime, anywhere. With options for ATM & Cash Withdrawal Services, as well as a basic drive-thru for quick deposits and withdrawals, managing your finances has never been easier.

Personal Banking Solutions

Whether you're opening your first checking account or planning for a future home, our personal banking services are designed to help you every step of the way. We offer Checking & Savings Accounts that allow you to manage your day-to-day finances easily. If you're considering purchasing a vehicle, our Auto Loans & Vehicle Financing options make it simple to get behind the wheel without breaking the bank. When it's time to invest in your dream home, our Mortgage Loans & Refinancing services provide competitive rates and flexible terms to fit your budget. For those unexpected expenses or consolidating debts, our Personal Loans & Debt Consolidation options can give you the financial relief you need. Plus, don't forget about our Credit Cards with Rewards, which not only help you manage purchases but also earn points for every dollar spent.

Digital & Online Banking

Key Features

Our online banking service provides 24/7 access to your accounts, ensuring you can check balances, transfer funds, and pay bills whenever you need to. You won't have to worry about waiting for business hours! Plus, with features like person-to-person transfers, sending money to friends or family is as easy as a few taps on your phone. Security is our top priority. Our electronic signature authorization makes it simple and safe to sign documents online, while e-statements allow you to keep track of your transactions without the clutter of paper statements. You can easily opt for electronic statements, helping you stay organized and environmentally friendly.

Mobile Experience

We know that being on the go is part of life, which is why our mobile application brings all these features right to your fingertips. With mobile payments enabled, you can make purchases quickly and securely using your smartphone. Whether you're grabbing coffee or shopping for groceries, paying has never been easier! With the capabilities of our digital banking services at North Star Community, managing your finances becomes a breeze. From tracking spending in real-time to accessing essential information from anywhere, we've got you covered. So why wait? Dive into a new way of banking today!

Financial Strength

A Growing Community

Total Share Accounts stand at 46,060, showcasing a strong and growing member base that trusts us with their finances. Our net shares (funds available for lending and investments) amount to $14,248,816, underscoring our capacity to support your financial aspirations. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, North Star Community is your trusted partner. Visit us at 111 Main St N Velva ND 58790 or call 701-338-2029 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Comprehensive Lending Support

Our lending capacity supports members' financial goals across various sectors with $5,494 in used auto loans and a total of $353,561,589 in loans and leases. We also take pride in having 100 full-time employees and 6 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable team dedicated to your needs.

Member-Centric Savings Options

Members' savings are secured through $165,902,113 in share certificates and $60,620,756 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $11,728,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Reinvestment for Improvement

With $42,830,060 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to operational efficiency is reflected in our net income of $2,614,797, enabling us to continue offering competitive loan rates and solid financial products for our members.

Strong Financial Health

With a net worth of $58,371,272, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.59% demonstrates a solid capital foundation, ensuring 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 $92,508,142 in used vehicle loans and $21,536,740 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used car, our flexible terms can make it easier for you to drive away happy.

Credit Lines and More

Our commitment extends beyond just auto and mortgage loans. With $85,509,188 in total credit lines available, we ensure that you have access to additional funds when necessary. Whether it's for unexpected expenses or planned purchases, our credit lines are designed with your convenience in mind. For business owners, our outstanding commercial loans totaling $134,914,784 provide the capital needed to grow and expand your business. We understand that every venture is unique; thus our commercial lending options are tailored to meet various business needs. If you're considering refinancing options or want to learn more about eligibility requirements for any of our loan products, please feel free to reach out. You can contact us at 701-338-2029, or visit us at 111 Main St N Velva ND 58790 for more information. Our team is here to assist you every step of the way! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,296,232, make buying or refinancing simple. We provide various financing solutions tailored to fit your unique situation and budget.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $6,866,187 in loans helping members manage their finances effectively. These cards come with features that can benefit you daily while giving you the financial breathing room you need.

Loan Aggregator

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How LendMesh Ensures Accurate Loan 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 compliance guarantees that users receive fair and transparent offers without hidden fees or unexpected terms.