North Shore
North Shore is a credit union based in Silver Bay, Minnesota, established in 1967, with $282 million in total assets serving 13,976 members. By Trust Grade it ranks 30th of 81 credit unions we track in Minnesota. Its net worth ratio of 12.8% is stronger than 69% of similarly sized credit unions, versus a Minnesota median of 12.2%. It was profitable over the most recent period, with a 0.59% return on assets. No consumer complaints against North Shore appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How North Shore compares to Minnesota peers
How we graded North Shore
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.8% capital ratio)
- Profitable (ROA 0.59%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for North Shore over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at North Shore insured?
Yes. North Shore is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
North Shore: frequently asked questions
Is North Shore a good credit union?
North Shore earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (12.8% capital ratio); Profitable (ROA 0.59%).
Is North Shore NCUA-insured?
Yes. North Shore is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is North Shore?
North Shore holds $282 million in total assets, ranking 30th of 81 credit unions we track in Minnesota. It serves 13,976 members.
Does North Shore have CFPB complaints?
No CFPB complaints against North Shore appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
