SHARE ADVANTAGE Credit Union Profile

Showing details for SHARE ADVANTAGE Credit Union.

Home > MN > SHARE ADVANTAGE

SHARE ADVANTAGE

Charter #60242 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (218) 740-2221

Fax: (218) 740-3080

Founding Date: N/A

Website: http://www.myshareadvantage.com

Personnel & Operations

President: Ruce, Steve

Manager: Lueck Schafer, Kellee

FT Employees: 11

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: Lobby: M-F: 8:30am - 5:00pm Drive-Thru:

Credit Union Profile Summary

SHARE ADVANTAGE is a FISCU Credit Union. With a total of 3,503 members [1], this institution manages approximately $54,736,195 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 12.97% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 2.86% [1].

Financial Snapshot

Total Assets [1]
$54,736,195

Total economic resources.

Total Loans [1]
$37,471,058

Total value of outstanding loans.

Total Deposits [1]
$47,391,480

Total funds deposited by members.

Members [1]
3,503

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.97%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.22%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
79.07%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -3.32%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 2.86%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -11.16%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

2502 Maple Grove Rd

Duluth, MN, 55811-1864
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 3 branches reported by SHARE ADVANTAGE (Charter #60242).

Main Office

Share Advantage Credit Union Main Office Main Office

Type: Corporate Office

2502 Maple Grove Rd

Duluth, MN 55811-1864

Phone: (218) 740-2221

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Duluth

SMDC Branch

Type: Branch Office

407 E 3rd St

Duluth, MN 55805-1984

Phone: (218) 740-2244

Services: Member Services, ATM

Open in Directions

West Duluth Office

Type: Branch Office

4918 Grand Ave

Duluth, MN 55807-2604

Phone: (218) 740-2222

Services: Member Services, Drive-Thru

Open in Directions