Sometimes you need extra cash for life’s little emergencies or otherwise unexpected events, good or bad. North Star Credit Union has three different loan options designed to take any apprehension out of the equation.

Loan Rates

North Star Credit Union is a not-for-profit cooperative; we do not have to worry about paying dividends to outside investors. Instead, we can pass those profits on to our member/owners in the form of higher yields on deposits and lower rates on loans. We can also lower or eliminate fees that other financial institutions charge so our members can get the best value for their hard-earned money. Need assistance? Use this Loan Calculator» 

Signature Unsecured Loans

We offer personal loans with a fixed rate and term—no collateral or security needed.

Term Interest Rate (APR)*
36 Month 10.15%
48 Month 10.65%
60 Month 11.15%

Personal Lines of Credit

A Personal Line of Credit provides you with additional flexibility when you know you need money, but you are not sure how much. With a line of credit, there are no annual fees, and you only pay interest on the amount you use.

Signature and Collateral Loans 50% and up

For a lower interest rate, you can partially secure your signature loan with collateral. For example, if you wanted a loan for $1,000 and your collateral is worth $600, you may qualify for this type of loan.

Term Interest Rate (APR)*
36 Month 8.50%
48 Month 9.00%
60 Month 9.50%

Signature and Collateral Loans 50% and under

For a lower interest rate, you can partially secure your signature loan with collateral. For example, if you wanted a loan for $1,000 and your collateral is worth $400, you may qualify for this type of loan.

Term Interest Rate (APR)*
36 Month 9.00%
48 Month 9.50%
60 Month 10.00%

Life of Credit & Disability Insurance Information

If something happens to you, your loan obligations could potentially place a burden on your family. To protect your assets and family’s financial well-being, consider Credit Life and Credit Disability Insurance on your next loan. Credit Life pays your balance in full if you pass, Credit Disability will pay your monthly payment if you suffer an injury or serious illness which causes you to miss work for more than two weeks.

Business Loans

We have competitive rates! Call 218-666-5940 for additional details.

Single Payment Notes

Term Interest Rate (APR)*
12 Month 10.40%

APR=Annual Percentage Rate

Rates effective January 18, 2017 and subject to change without notice

*Rates shown are based on the best possible scenario including auto pay bonus, your rate is based on an evaluation of your credit history and other factors. All loans subject to approval. Speak to a loan officer for details.