NorthStar Credit Union is a member-owned & operated,
not-for-profit financial cooperative. Unlike a bank or
savings & loan, NorthStar operates as a full service
financial institution for the benefit of our membership,
not to satisfy the profitable desires of a few select
stockholders. Our profits are returned to the membership,
our owners, through lower interest rate loans, competitive
monthly dividends, lower fees, and capital accumulation
to ensure long term stability. Borrowing and saving with
NorthStar is like making an investment in yourself!
To provide
you, our member/owners, the
financial services you need with
the quality you deserve and
the convenience you expect. Click
here to read
our commitment.
Once you become a member
of NorthStar you are always a member, regardless of where
you work or live, in addition, your family members are
also qualified to join. Upon enrollment you may take
advantage of all of the financial privileges NorthStar
membership has to offer.
NorthStar has a Board
of Directors that sets the policy and strategic direction
of the Credit Union. Volunteer Directors and Board Members
belong to NorthStar and are elected by the membership
annually. These volunteers serve as the members’ voice
in the operations of the Credit Union.
As an "owner" of NorthStar,
you have the opportunity to volunteer for the Board of
Directors and serve on various committees. The elected
officials, along with credit union management, are responsible
for the operation and safety of your Credit Union.
Credit Union membership
begins when you open a Savings or "Share" Account. Your
Savings Account is called a "Share" Account because you
are a "Shareholder" in the credit union. To open a Savings
or a "Share" Account, a five dollar ($5) minimum balance
is required -- that's it! You are now an owner
of your financial institution!
