The Impact of Credit Unions on Minnesota

For Profit, Not People? At Four Large Minnesota Credit Unions … You Betcha According to American Banker, four Minnesota credit unions are banding together to create a credit union service organization (CUSO) that would allow the multibillion-dollar financial institutions to make commercial business loans up to $50 million – ten times more than what they’re currently able to do on their own.  $50 million business loans are substantial

Minnesota Credit Union Buys Naming Rights to Well-Known Fillmore Minneapolis Affinity Plus Federal Credit Union today announced they are the presenting sponsor of The Fillmore Minneapolis, now named The Fillmore Presented by Affinity Plus Federal Credit Union.

Wings Financial Credit Union Acquisition of Minnesota Bank Scuttled Wings Financial Credit Union – with nearly $7 billion in assets – planned to buy Neighborhood National Bank of Mora, Minn. The deal was announced in March 2020 for the credit union giant to buy the $200 million bank. But in early 2021 the deal fell apart, much to the surprise of Neighborhood National CEO Doyle Jelsing.