Become a Member

Why Join St Paul Federal Credit Union?

St. Paul Federal Credit Union is a full-service, member-owned, not-for-profit financial institution. Earnings are returned to members in the form of lower loan rates, lower fees, and higher savings rates. 

Read more detailed membership requirements

Membership Requirements

If you live, work, worship or do business in St. Paul or downtown Minneapolis you qualify for membership in the St. Paul Federal Credit Union.  Membership is also open to employment groups including Local 110 Electricians and United States Federal Employees and their families, plus many more organizations. 

St. Paul Federal Credit Union Products & Services

St. Paul Federal Credit Union features great interest rates on loans, savings, and investments and offers a wide array of personal banking and investment services.

  • Mortgage Loans, Auto Loans, and Consumer Credit Loans
  • Free Checking Accounts with worldwide ATM/Debit Card Services
  • Savings Accounts, Certificates, and Money Market Accounts
  • Visa® Platinum Credit Cards and Prepaid Debit Cards
  • Retirement Accounts, College Savings Accounts, and CPR Wealth Advisors
  • Safe Deposit Boxes, Free Notary Public Services, Direct Deposit, and Additional Benefits & Perks

Credit Unions

Banks

Not-for-profit cooperatives—profits returned back to members in the form of lower loan rates, lower fees and higher dividends For profit organizations
Member-owned with each member receiving one (1) vote regardless of the amount of money they have in the credit union Customers do not own their bank
Earnings returned back to members through lower loan rates, lower fees and higher savings rate Earnings/profits returned back to their share holders, not to customers
Controlled by the member/owners who elect a volunteer Board-of-Directors Controlled by stockholders who elect paid Board-of-Directors
Serve "common bond" groups such as an industry or employer, religion or those that live in the same geographic area Can serve anyone
Insured by the National Credit Union Insurance Fund (NCUSIF) and backed to at least $250,000 by the full faith and credit of the United States Government Insured by the Federal Deposit Insurance Corporation (FDIC) and backed to at least $250,000 by the full faith and credit of the United States Government

Become a Member

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