North Star Credit Union Nashwauk MN | Affordable Vehicle Loans & Drive-Thru Banking

Introduction

Welcome to North Star, your trusted financial partner located at 401 E Platt Ave, Nashwauk, MN 55769. Established in 1939, we have proudly served our community for over eight decades, building a reputation for reliability and commitment. With a total membership of 6,025 and assets exceeding $103 million, North Star is dedicated to providing exceptional banking services tailored to your needs. At North Star, we believe in the power of community. Our team of 31 employees, led by our CEO Jennifer Stedt and Board President John Korpi, works tirelessly to support our members' financial goals. Whether you're looking for personal banking solutions, auto loans, or business financing options, we've got you covered. While you can visit us at our branch for all your banking needs, please note that any official correspondence should be sent to the same address: 401 E Platt Ave, Nashwauk, MN 55769. With total deposits of $3,673,377 and a net worth of $9,150,672, North Star ensures that your money is not only safe but also working for you. Our commitment to transparency and member service shines through in everything we do. We are here to help you navigate your financial journey with confidence. Ready to take the next step? Call us at 218-885-1600 or visit our website at northstarcreditunion.org today! Experience the difference of a credit union that puts its members first.

Branch History & Mission

North Star Credit Union has a rich history that dates back to its founding in 1939. Located at 401 E Platt Ave, Nashwauk, MN 55769, our branch has been a cornerstone of the community for decades. Over the years, we have grown alongside our members, fostering financial wellness and support through various services tailored to meet their needs. Today, we proudly serve over 6,025 members and manage total assets of $103,665,873. Our mission is clear: we strive to provide accessible financial services while enhancing the quality of life in our communities. We believe that financial empowerment should be within everyone's reach. This commitment drives us to offer personal banking solutions such as checking and savings accounts, auto loans, mortgage options, and credit cards with rewards. Beyond banking, we are dedicated to community support through outreach programs and partnerships that uplift those around us. At North Star Credit Union, we understand that accessibility is vital. That's why we provide drive-thru banking for added convenience during our operating hours from 9 AM to 4:30 PM on weekdays. While members can visit us at our Nashwauk location for personal service, official correspondence should be directed to our mailing address at 401 E Platt Ave, Nashwauk, MN 55769. As technology evolves, so do we. Our digital services include online and mobile banking options that allow you to manage your finances anytime, anywhere. We are committed to maintaining ADA compliance to ensure all members can access our services comfortably. Our journey from a small local credit union to a thriving institution reflects our unwavering dedication to serving the Nashwauk community. We invite you to join us at North Star Credit Union and experience firsthand the benefits of membership where your financial goals are nurtured and supported by a team that genuinely cares. For any inquiries or assistance, feel free to contact us at (218) 885-1600. Together, let's build a brighter financial future!

Branch Location & Accessibility

Convenient Access and Amenities

At our Nashwauk location, we understand how important accessibility is. That's why our branch features ADA-compliant ramps and parking options to ensure that everyone can easily visit us. We also offer drive-thru banking for those quick transactions, allowing you to manage your finances without even leaving your car.

Operating Hours

We know that life can be busy, so we're here to help! Our lobby hours are from 9 AM to 4:30 PM, Monday through Friday. Whether you need assistance with opening a checking account or discussing loan options, our dedicated team is ready to serve you during these hours.

Services Tailored for You

While you're here, take advantage of our wide range of services including personal banking options like checking and savings accounts, auto loans, mortgages, and credit cards with rewards. We also support local businesses with merchant services and business loans. Plus, enjoy the convenience of online and mobile banking for anytime access to your accounts. If you have any questions or need assistance before your visit, feel free to give us a call at 218-885-1600. While members can visit us at 401 E Platt Ave, official correspondence should be sent to the same address for your convenience. Come see us today at North Star's Nashwauk Branch we look forward to helping you achieve your financial goals!

Member Eligibility

Joining the North Star is more than just opening an account; it's about becoming part of a warm and welcoming community that genuinely cares about your financial well-being. At North Star, we believe in making banking accessible for everyone. To become a member, you simply need to live, work, or worship in our local area. This means that if you're connected to Nashwauk or its surrounding communities, you're likely eligible! You can find all the detailed eligibility criteria on our website at . Opening an account is straightforward and designed to fit into your busy life. Whether you're looking for personal banking options, auto loans, or even mortgage solutions, we have something for you. Plus, as a member of North Star, you'll enjoy personalized service and a range of benefits tailored to meet your needs. If you have any questions or want to get started today, don't hesitate to call us at (218) 885-1600. We look forward to welcoming you to the family!

Business Banking & Commercial Services

Loan Options Tailored for You

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $122 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $9 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $13,586,008, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make Transactions Easy

In addition to loans, we offer merchant services designed to simplify payment processing for your business. Whether you're running a retail shop or a service-based company, our solutions help you accept payments efficiently. By streamlining transactions, you can focus more on what you do best serving your customers. Located at 401 E Platt Ave Nashwauk Mn 55769, Nashwauk, MN 55769, we're here to support your business every step of the way. Let's work together to achieve your goals! For more information, call us at (218) 885-1600 or visit our website at https://northstarcreditunion.org/ .

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our auto loans make it easy to drive away in your dream vehicle without breaking the bank. We offer competitive rates and flexible terms that suit your budget. Plus, if you already own a vehicle and want to lower your monthly payments, consider our refinancing options.

Business Banking

For our small business members, we understand the unique challenges you face. Our business banking services, including merchant services and business loans, are designed to support your growth. Whether you're starting a new venture or expanding an existing one, we are here to help.

Convenience at Your Fingertips

In addition to our full suite of financial products, North Star also offers convenient ATM and cash withdrawal services, along with basic drive-thru banking for quick deposits and withdrawals. We prioritize ease of access so that managing your finances fits seamlessly into your busy life. To learn more about how North Star can assist you in achieving your financial goals, give us a call at 218-885-1600 or visit us online at northstarcreditunion.org. Your journey toward financial success starts here!

Credit Cards with Rewards

Enjoy shopping? Our credit cards with rewards allow you to earn points on every purchase! Use them for everyday spending and watch how quickly those points add up toward exciting rewards or cash back.

Mortgage Loans & Refinancing

For those looking to buy a home or refinance an existing mortgage, North Star provides tailored mortgage loans that fit various financial situations. With our knowledgeable team ready to guide you through the process, you can find the perfect mortgage solution that aligns with your goals.

Personal Banking

When it comes to personal banking, we offer various options for checking and savings accounts. Our goal is to help you manage your money effectively while earning interest on your savings. Imagine having the flexibility to access your funds anytime through our online and mobile banking services. You can check balances, transfer money, and pay bills right from your smartphone!

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. That's why we offer personal loans for emergencies or planned purchases. If you're juggling multiple debts, our debt consolidation loans can simplify your payments into one manageable monthly installment.

Digital & Online Banking

Key Features

Our online banking platform is user-friendly, allowing you to easily check balances, transfer funds, and view transaction history all from the comfort of your home or on the go. You can sign documents electronically with ease, thanks to our electronic signature authorization feature no need for printing or mailing. Plus, if you prefer paperless options, e-statements are readily available for your convenience.

Mobile Banking

For those who like to bank from their phones, our mobile application provides a seamless experience. With features like mobile payments and person-to-person transfers, sending money to friends or family is just a few taps away. Whether you're out shopping or catching up with friends, managing your finances has never been easier.

Security You Can Trust

We prioritize the security of your information. Our digital banking services are equipped with advanced security measures to protect your data and transactions. You can feel confident knowing that your financial details are safe while using our services. With all these features combined, North Star aims to provide you with real-time account management that fits your lifestyle. Ready to explore what we offer? Visit us online at https://northstarcreditunion.org/ and discover how easy it is to manage your finances digitally!

Financial Strength

Commitment to Growth and Innovation

With $7,534,723 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to growth is also evident through our diverse lending capabilities. We provide $551 in used auto loans and have a total of $86,235,553 in loans and leases available to help you reach your financial goals.

Growing Community Trust

We're proud of our growing community trust as shown by the 12,275 total share accounts that demonstrate how many members rely on us for their financial needs. Our net shares amounting to $133,729 represent funds available for lending and investments, which further strengthens our ability to serve you. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, North Star is your trusted partner. Visit us at 401 E Platt Ave Nashwauk Mn 55769 or call (218) 885-1600 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $27,743,005 in share certificates and $5,913,196 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $1,513,399, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $-188,690 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 30 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $9,150,672, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $908 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 $8,245,230 in used vehicle loans and $3,717,197 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable pre-owned vehicle, we have competitive options available to suit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $13,586,008 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to enhance your existing business operations, we have solutions tailored for you.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We provide Junior Lien 1-4 Family Residential Properties loans totaling $3,666,004, ensuring that you have the support needed for this significant investment. With flexible terms and easy application processes, we help make the dream of owning a home attainable.

Refinancing Options

If you are considering refinancing any of your current loans or credit lines for better rates or terms, we can assist with that too! Our team is here to guide you through eligibility options and help you find the best fit for your financial situation. Feel free to reach out to us at 218-885-1600 for more information about our loan offerings or visit us at our branch located at 401 E Platt Ave Nashwauk MN 55769. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let North Star be your partner in navigating your financial journey!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $480,205 in loans helping members manage their finances effectively. These cards can be an excellent tool for building credit or making necessary purchases without having to rely on cash savings.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a focus on transparency and accuracy, LendMesh is designed to help users make informed decisions. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to compliance means that the offers presented are not only competitive but also fair and transparent, based on the latest results (Source: https://www.ncua.gov ). One key benefit of using LendMesh is the Verified Data feature. Loan offers come exclusively from legitimate financial institutions, which builds trust and confidence in the information provided. Additionally, LendMesh does not engage in Sponsored Listings; lenders are not prioritized based on paid promotions. This guarantees that all results are unbiased and focused solely on the best options for users. Another advantage is the Real-Time Rate Comparisons that allow users to see up-to-date loan rates from multiple institutions. This feature empowers individuals to make quick and informed choices without feeling pressured or rushed. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials reinforce the reliability of this tool. If you're ready to find the best rates tailored to your needs, compare real-time loan offers today at LendMesh. *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 STAR CREDIT UNION