About North Star CCU
North Star CCU is a not-for-profit financial cooperative founded in 1940 by a group of men from Benson County. The first annual meeting was held in 1942, with 149 total members. Fast-forward 80+ years and a few strategic mergers, and NSCCU now serves more than 22,000 members with 12 locations throughout the state.
Even with all the changes and growth, we continue to support the Credit Union philosophy of “Not for Profit, Not for Charity, But for Service”. We do this by striving every day to fulfill our mission of delivering financial solutions, one person at a time. We look forward to providing financial counsel and helping you to achieve your personal definition of financial freedom. Your Story Starts Here.
About Credit Unions
Credit Unions offer a full range of financial services, similar to a bank; but are fundamentally different than banks due to our structure. Credit Unions are not-for-profit and cooperatively owned by the members of the credit union (not shareholders). As such, any earnings are returned into the credit union in the form of lower fees, higher savings rates, lower loan rates and enhancements in digital delivery and services. As a member-owned institution, when you join the credit union with a $5 minimum deposit into Primary Savings, you get an equal vote and voice. You become a member-owner and have access to all the convenient and rewarding benefits North Star CCU has to offer.
December 9, 1940
On December 9, 1940, a group of men from the community met to organize Benson County Cooperative Credit Union. Since its’ organization, the Benson County Co-Op Credit Union (now North Star Community Credit Union) has had seven managers. Bob Herrington is presently serving in this capacity.
The credit union’s first annual meeting was held. Total membership at the time was 149 and total assets were approximately $2,358.
Rugby Credit Union merged into Benson County Co-Op Credit Union.
Benson County Co-Op Credit Union’s name was changed to North Star Community Credit Union to better represent the expanding cooperative.
Opened Bottineau branch.
Cavalier Credit Union merged into North Star Community Credit Union.
Opened Grafton branch.
Ascentia Federal Credit Union in Minot merged into North Star Community Credit Union; making that our 6th branch location.
July 1, 2017
Northern Tier Federal Credit Union merged into North Star Community Credit Union. This merger expanded our member reach by adding 5 additional branches to North Star CCU; including Minot Air Force Base, Minot (South Broadway), Velva, Willow City and Butte.
Held the 78th annual meeting with total membership of 22,407 and total assets of approximately $305,170,629.
January 1, 2019
Tolna Credit Union merged into North Star Community Credit Union, making that our 11th branch location.
Devils Lake location opened, marking our 12th branch location.
Board of Directors
The five members of the Board of Directors are elected at the annual meeting and serve 3 year terms. They volunteer their time and expertise to help drive the credit union’s strategy and ensure financial stability and security.
Michael Black – Chairman
Kevin Gigstad – Secretary/Treasurer