Credit Unions

Applications

• Credit Union Application (.pdf)
  Forms to establish a State Chartered Credit Union.
• Credit Union Merger (.pdf)
  Forms for merger of credit unions.
• Credit Union Small Group Application (between 500 and 3,000) (.pdf)
  Petition by a group of 500 to 3,000.
• Credit Union Small Group Application (under 500) (.pdf)
  Petition by a group under 500.
• Federal Credit Union to State Chartered Credit Union Application (.pdf)
  Forms to convert from a Federal Credit Union to a State Chartered Credit Union.
• State Credit Union to Federal Credit Union Application (.pdf)
  Forms for a State Chartered Credit Union to convert to a Federal Credit Union.

Amendments

2018

• Standard Credit Union Bylaws, effective March 2018 (.pdf)

2017 and prior

• Credit Union Address Change (.pdf)
• Credit Union Field of Membership - Community (.pdf)
  Requirements to amend the Field of Membership for the addition of a Community.
• Credit Union Field of Membership - Trade, Industry, or Profession (.pdf)
  Requirements to amend the Field of Membership for the addition of a Trade, Industry, or Profession.
• Credit Union Name Change (.pdf)
• Credit Union Standard Bylaw (.pdf)
• Credit Union Standard Bylaw Amendment (.pdf)

Other Forms

• Credit Union Report of Annual Meeting (.pdf)
• Credit Union Semi-Annual Supervisory Committee Audit Report (.pdf)

Requirements

• Must be organized by 7 or more Minnesota residents 
  
• Those original 7 residents must share a common bond 
  
• Provide a 2-year feasibility study 
  
• Must receive federal insurance on accounts 
  
• $1,000 initial application fee 
  
• See Minnesota State Statute Chapter 52 

Please contact 651-539-1709 for further assistance.