NORTH SHORE
Federal • Silver Bay, Minnesota • Est. 1967
Quick Facts
- Charter Number
- #18473
- Type
- Federal
- Established
- 1967
- Headquarters
- Silver Bay, Minnesota 55614
- Address
- 85 Outer Drive
- Branches
- 8
- ATMs
- 5
- Members
- 13,848
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
13,848 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | NORTH SHORE |
|---|---|
| Total Assets | $282.4M |
| Members | 13,848 |
| Loans Outstanding | $219.5M |
| Shares & Deposits | $244.8M |
| Net Worth | $35.5M |
| Net Worth Ratio | 12.58% |
| Loan-to-Share Ratio | 89.7% |
| Delinquency Rate | 0.33% |
| Net Income | +$1,968,424 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
8 locations · 5 ATMs
Silver Bay
Main Office85 Outer Dr
Silver Bay, MN 55614-1132
Grand Marais
122 E Highway 61
Grand Marais, MN 55604
Lutsen
5335 W Highway 61
Lutsen, MN 55612-9542
Grand Portage
77 Mile Creek Rd
Grand Portage, MN 55605-3028
Two Harbors
404 7th Ave
Two Harbors, MN 55616-1450
Who Can Join NORTH SHORE?
Membership Type: Community
Membership eligibility for NORTH SHORE may vary. Contact the credit union directly to confirm qualification requirements.
Contact NORTH SHORE directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Minnesota RankingsFrequently Asked Questions
Yes. NORTH SHORE is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, NORTH SHORE has 13,848 members and a potential membership field of 123,544 people.
NORTH SHORE's net worth ratio is 12.58% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 12.6%, NORTH SHORE meets this threshold.
NORTH SHORE operates 8 branch locations and has access to 5 ATMs. The main office is located at 85 Outer Dr, Silver Bay, MN 55614-1132.
NORTH SHORE was established in 1967. It is a federal credit union chartered under charter number 18473. The institution has been serving members for 59 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or NORTH SHORE. All financial data is for informational purposes only.