Personal & Business

Investment Services


We have your financial back.
NSCU offers investment and life planning services for personal investment and business investment banking and credit union for individual and businesses

Your Plan for the Future Should Be Made Carefully

At North Star Credit Union, our staff is there to assist customers with investment options. As you plan for your future, we are able to show you ways to optimize your finances and prepare you for financial freedom. We provide a variety of options including preferred share account, money market share account, certificate of deposit, and individual retirement accounts (IRA) savings.

Investment services at North Star Credit Union MN

Certificate of Deposit (CD)

Certificates are a secure solution to your savings.

Our terms range from 6 months to 60 months, the longer the term, the more you will earn. You can choose to have dividend payments compound or transferred to your account monthly, quarterly, semi-annually, annually, or at maturity.

Invest in a CD at NSCU in northern MN - credit union banking

Individual Retirement Accounts (IRA) Savings

Retirement should be a time to relax; North Star Credit Union in MN wants to make sure you have money when you need it.


Roth IRA

With a Roth IRA, you may also contribute up to the amount allowed by the U.S. Government. Contributions may be withdrawn tax-free anytime but are not tax deductible. Dividend income is subject to taxation, except after five years to buy a first home, or for any purpose after age 59 ½. Contributions from earned income can be made after age 70 ½, and mandatory distributions are not required.

Traditional IRA

With a traditional IRA, you may invest up to the amount allowed by the U.S. Government, and contributions may be partially or fully deductible depending on your income and participation in an employer-sponsored plan. Withdrawals may not be made without penalty until age 59 ½ unless they are for higher education expenses or the purchase of a first home. Earnings are tax-deferred until withdrawn, and distributions must occur at age 70 ½.

HAVE QUESTIONS?

Skip to content