Credit union · NCUA insured
SMW Financial Credit Union
Top CarrotA $92.1M credit union headquartered in Lino Lakes, MN, with 4,624 members and 2 branches in Minnesota. Best rates: CDs 3.50% and savings 2.25% APY.
SMW Financial Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 91% of U.S. banks and credit unions
#7 of 97 in Minneapolis, MN-WI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About SMW Financial Credit Union
Founded in 1953, SMW Financial Credit Union originated as a financial cooperative serving Local 10 union members and their families before the St. Paul and Minneapolis Local 10 credit unions joined together.
Serving Anoka, Hennepin, Ramsey, and Washington Counties in Minnesota, the credit union expanded its charter to Anoka County in 2006 and opened membership to those who live, work, worship, attend school, or volunteer there in 2016.
- Headquarters
- 700 Apollo Dr, Lino Lakes, MN 55014-3035
- NCUA charter
- 68676
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Membership is available to anyone who lives, works, worships, attends school, or volunteers in Anoka, Hennepin, Ramsey, or Washington Counties.
Branches
2 branches in Minnesota
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Minnesota
2 branches
- Lino LakesMain office700 Apollo Dr, Lino Lakes, MN 55014Directions
- Maplewood1691 Cope Ave E, Maplewood, MN 55109Directions
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 | 11.51% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.01% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.44% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $75 | $59 | — |
- CapitalNet worth ratio11.51%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.01%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.44%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$75Peers’ 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 SMW Financial Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.