Credit union · NCUA insured
Share Advantage Credit Union
A $58.5M credit union headquartered in Duluth, MN, with 3,427 members and 2 branches in Minnesota. Best rates: CDs 1.21% and savings 2.50% APY.
Share Advantage Credit Union Carrot Score
79
Carrot Score
Higher than 49% of U.S. banks and credit unions
#14 of 29 in Duluth, MN-WI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Share Advantage Credit Union
Founded in 1926 by thirteen Duluth Post Office employees, Share Advantage Credit Union originated as Duluth Federal Employees Credit Union.
Headquartered in Duluth, Minnesota, the credit union merged with Diamond Tool and Duluth Medical Services Credit Unions in 1995 and 1999 to become Share Advantage Credit Union.
Share Advantage Credit Union serves individuals who live, work, or attend school, as well as businesses and legal entities located in Minnesota's St. Louis and Carlton counties.
- Headquarters
- 2502 Maple Grove Rd, Duluth, MN 55811-1864
- NCUA charter
- 60242
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Businesses and other legal entities located in Minnesota's St. Louis and Carlton counties are eligible for membership.
- Persons who live, work, or attend school in Minnesota's St. Louis and Carlton counties are eligible for membership.
Cost to join
- A one-time $10 membership share is required to join, which is reserved in savings for the lifetime of membership and refundable upon closure (unless closed within six months).
Branches
2 branches in Minnesota
Loading map…
Minnesota
2 branches
- Share Advantage Credit Union Main OfficeMain office2502 Maple Grove Rd, Duluth, MN 55811Directions
- SMDC Branch502 E 2nd St, Duluth, MN 55805Directions
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 | 13.43% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 2.77% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.85% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $76 | $59 | — |
- CapitalNet worth ratio13.43%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late2.77%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.85%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$76Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 Share Advantage Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.