Sep, 30, 2025 — NORTH STAR CREDIT UNION is a federally insured state chartered credit union headquartered in COOK, MN with 5 branch locations and about $114.61 million in total assets. Opened 87 years ago in 1939, NORTH STAR CREDIT UNION has about 5,997 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTH STAR CREDIT UNION |
|---|---|
| Address: (Main Office) | 24 S River St COOK, MN 55723 |
| Phone: | (218) 666-5940 |
| Fax: | (218) 666-2149 |
| Website: | https://www.northstarcreditunion.org |
| Branches: | 5 branch locations |
| Members: | 5,997 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60689 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $114,612,677 |
| CEO/Manager: | Jennifer Stedt |
| Chairperson: | Lara Whiteside |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,516,088 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 876,091 |
| Real Estate Loans | 59,984,557 |
| Unsecured Loans | 3,283,331 |
| Other Loans | 25,550,880 |
| TOTAL LOANS | 88,818,769 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -320,639 |
| Land And Building | 3,779,635 |
| Other Fixed Assets | 834,422 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 947,690 |
| All Other Assets | 0 |
| TOTAL ASSETS | 114,612,677 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 53,226 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,316,361 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 23,401,647 |
| Regular shares | 34,858,022 |
| All Other Shares & Deposits | 45,210,173 |
| TOTAL SHARES & DEPOSITS | 103,469,841 |
| TOTAL LIABILITIES | 104,839,428 |
| Regular Reserve | 0 |
| Other Reserves | 1,803,117 |
| Undivided Earnings | 7,970,132 |
| TOTAL EQUITY | 9,773,249 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 114,612,677 |
| INCOME & EXPENSE | |
| Loan Income | 4,030,720 |
| Investment Income | 434,852 |
| Other Income | 360,036 |
| Total Employee Compensation & Benefits | 1,866,786 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,399,298 |
| Non-operating Income & (Expense) | -602 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,782 |
| Cost of Funds | 1,306,349 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 515,103 |
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