Credit union · NCUA insured
St. Cloud Financial Credit Union Carrot Score
A $439.7M credit union headquartered in Sartell, MN, with 28,213 members and 5 branches in Minnesota.
St. Cloud Financial Credit Union Carrot Score
84
Carrot Score
Higher than 65% of U.S. banks and credit unions
- CDs64
- Savings87
- Auto loans82
- Credit cards82
Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.
Where St. Cloud Financial Credit Union ranks
By Carrot score, in each area where it has branches
Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.
By product
How each product scores
How its rates compare with every U.S. bank and credit union. Open a product to see them.
CDs
64beats 12% nationally
| Term | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| 3-8 months | Not offered | 0% | 3.50% | 3.82% | 4.05% |
| 9-15 months | 0.75% | 5% | 3.70% | 4.00% | 4.25% |
| 16-30 months | 2.00% | 16% | 3.35% | 3.85% | 4.20% |
| 31-60 months | 2.40% | 27% | 3.05% | 3.65% | 4.07% |
| Qualified | 4.25% | 83% | 3.85% | 4.15% | 4.35% |
Best rates 21.5 · all terms 23.7 → 22.4 → 64
Savings
87top 20% nationally
| Balance | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| $1,000 | 0.15% | 45% | 0.20% | 0.50% | 1.51% |
| $10,000 | 1.15% | 75% | 0.50% | 1.15% | 2.20% |
| $100,000 | 1.60% | 67% | 1.00% | 2.01% | 2.93% |
| Qualified | 2.15% | 88% | 0.60% | 1.31% | 2.43% |
Best rates 81.5 · all balances 69.9 → 76.8 → 87
Auto loans
82top 40% nationally
| Vehicle | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| New vehicle | 4.81% | 68% | 5.00% | 4.74% | 4.25% |
| Used vehicle | 5.31% | 51% | 5.39% | 4.99% | 4.49% |
Best rates 68.0 · all vehicles 59.5 → 64.6 → 82
Credit cards
82top 42% nationally
| Card | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| Purchase APR | 9.99% | 61% | 10.90% | 9.90% | 8.90% |
Best rates 60.7 · all rates 60.7 → 60.7 → 82
Where the score could improve
- Auto loans, Used vehicle4.99%5.31% today, lower than 51% of U.S. institutions. 4.99% would reach the top quarter; 4.49% the top 10%.
- Savings, $1,0000.50%0.15% today, higher than 45% of U.S. institutions. 0.50% would reach the top quarter; 1.51% the top 10%.
- Auto loans, New vehicle4.74%4.81% today, lower than 68% of U.S. institutions. 4.74% would reach the top quarter; 4.25% the top 10%.
- To score in the 90s3.83%At least one product needs a rate near the best in the country, like 3.83% or more on a 31-60 month CD (2.40% today), and strong rates on its other terms.
Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.
Method
How the score works
- Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
- Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
- Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.
How St. Cloud Financial Credit Union got its score
Its products stand at 76.8 for savings, 64.6 for auto loans, 60.7 for credit cards and 22.4 for CDs, out of 100. Its best two, savings and auto loans, average 70.7. Publishing four products adds 3.0, for 73.7. That puts it in the top 35% nationally: a Carrot Score of 84.
The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.