Title: Credit Union Certificate of Organization
Description: A credit union is a cooperative financial institution organized to promote savings among its members and provide a source for loans. The membership is formed around a common bond based on a sponsored company, association or community. Credit union member share accounts are required to be insured by the National Credit Union Administration (NCUA). Minnesota Department of Commerce
Loans and Lenders
Creation Date: 9/11/2008 2:12:09 PM
Modification Date: 9/13/2019 8:21:25 AM
Agency Name: Commerce, Minnesota Department of
Agency URL: https://mn.gov/commerce/
Agency Description: The Minnesota Department of Commerce is the chief regulator for the banking, energy, insurance, real estate, securities, telecommunications industries and also operates Minnesota's Unclaimed Property.
Agency Phone: 651-539-1600
Agency Fax: Agency URL: https://mn.gov/commerce/
85 7th Place East, Suite 500
Division Name: Financial Institutions Division
Division Phone: 651-539-1709
Division Fax: Division URL:
The Minnesota Department of Commerce supervises and examines state-chartered credit unions to determine the safety and soundness of operations plus fair and equal treatment of members. We support the state's economy through safeguarding Minnesota's credit unions. Commerce enforces laws, rules, and regulations under Minn. Stat. Chapter 52
Rules: 2675.6100 - .6290
Contact the department or obtain the application forms at Credit Unions
Application fee - $1,000
Period of Issuance:
Perpetual or until suspended, liquidated or merged.
Length of Determination: 60 days upon receipt of a completed application, which includes approval of deposit insurance by the NCUA.
Activity: Loans (Non-Bank Lenders)
License Detail URL:
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