Credit union · NCUA insured
North Shore Federal Credit Union
A $281.6M credit union headquartered in Silver Bay, MN, with 13,976 members and 8 branches in Minnesota. Best rates: CDs 3.30% and savings 0.50% APY.
North Shore Federal Credit Union Carrot Score
74
Carrot Score
Higher than 36% of U.S. banks and credit unions
#18 of 29 in Duluth, MN-WI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About North Shore Federal Credit Union
North Shore Federal Credit Union serves Minnesota's Lake, Cook, and Southern St. Louis counties, operating locations from Duluth to Grand Portage.
- Headquarters
- 85 Outer Dr, Silver Bay, MN 55614-1132
- NCUA charter
- 18473
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who live, worship, work, regularly conduct business in, or attend school in Minnesota's Lake, Cook, and Southern St. Louis counties are eligible for membership.
Family and household
- Immediate family members (including spouse, parent, child, in-law, and more) of an NSFCU member, living or deceased, are eligible for membership.
Cost to join
- Individuals can become a member for as little as $10.
Branches
8 branches in Minnesota
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Minnesota
8 branches
Duluth area · 3
- Duluth - Endi2104 London Rd, Duluth, MN 55812Directions
- Duluth - Lincoln Park1902 W Superior St, Duluth, MN 55806Directions
- Duluth - Pike Lake5671 Miller Trunk Hwy, Duluth, MN 55811Directions
Silver Bay area · 1
- Silver BayMain office85 Outer Dr, Silver Bay, MN 55614Directions
Grand Marais area · 1
- Grand Marais122 E Highway 61, Grand Marais, MN 55604Directions
Grand Portage area · 1
- Grand Portage77 Mile Creek Rd, Grand Portage, MN 55605Directions
Lutsen area · 1
- Lutsen5335 W Highway 61, Lutsen, MN 55612Directions
Two Harbors area · 1
- Two Harbors404 7th Ave, Two Harbors, MN 55616Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.77% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.33% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.60% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $92 | $76 | — |
- CapitalNet worth ratio12.77%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.33%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.60%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$92Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of North Shore Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.