Providing Services
for Cooperative Members
The Northcountry
Cooperative Federal Credit Union (NCFCU) is a community development
credit union started in 2003 by members of the Northcountry
Cooperative Development Fund (NCDF). NCDF is a community development
loan fund with 25 years’ experience serving the needs
of new and growing community-based cooperatives and their
members.
All
credit unions are cooperatives, but NCFCU is unique because
all deposits and loans directly support cooperatives and their
members by making loans to cooperative homeowners, helping
to build a vibrant cooperative community. In addition, as
a low-income designated credit union, NCFCU can offer deposit
and loan services to low- and moderate-income individuals
and families, contributing to the community at large.
Products
and Services
Northcountry
Cooperative Credit Union is an insured and regulated institution
that meets the security needs of individuals and institutions
who want to directly support the cooperative movement. We
currently offer the following savings and loan products:
Capital for Cooperation
Cooperative
Deposits.
NCFCU offers one- and two-year certificate accounts with
competitive rates.
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Share
Savings Accounts. Share savings accounts are
a great way to support cooperatives while maintaining
immediate access to your money. Deposits of $100 or
more will earn interest.
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Share
Certificate Accounts. If you can deposit money
for a longer period of time, these are the accounts
that best support cooperatives. Insured up to $250,000,
competitive rates.
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Loans for
Cooperation
Cooperative
Home Loans.
NCFCU's experienced share lenders assist borrowers throughout
the cooperative homeownership process. We offer competitive
loan rates for all cooperative housing types.
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Cooperative Home
Equity Loans.
NCFCU offers home equity loans for home improvements,
debt consolidation, and other homeowner needs.
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Notary Services.
Notary services are free to NCFCU members.
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Join NCFCU!
Individuals and
cooperatives are welcome to become members of Northcountry
Cooperative Federal Credit Union. NCFCU's membership includes
cooperatives that are members of Northcountry Cooperative
Development Fund, and individual members of those cooperatives.
View a complete list of NCDF
cooperative members on the NCDF website, or in any issue
of Investing in Cooperation,
NCDF's quartlerly newsletter.
For more information,
call us at 612-331-9103, or email info@ncdf.coop.
Northcountry Cooperative Federal Credit Union, 219 Main Street
SE, Suite 500, Minneapolis, MN 55414. |
