Federal credit union · Silver Bay, Minnesota · NCUA charter #18473
North Shore
Health score 100/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 100
- Health / 100
- $282.4M
- Total assets
- 13,848
- Members
- 12.8%
- Net-worth ratio
North Shore scores 100/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $282.4M; members 13,848; net-worth ratio 12.77%; health rank #16 of 4,374; healthier than 99th of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#16 of 4,374 health · 2025Q4North Shore · health 100/100 · $282.4M · 2025Q4
- MEM 100/100
- RANK 12.8%
- PHOTO 0.33%
- BOOK 0.60%
- CHARTER $282.4M
- NCUSIF 13,848
- CAMELS #16/4,374
- HEALTH Maine Family
- NW 18473
Call Report peers
North Shore in the assets neighbourhood
North Shore's $282.4M assets sit next to Maine Family ($282.3M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
North Shore vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
100 Top 1% higher than 99% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
North Shore - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #18473 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
Peer-gap read for North Shore
- Strongest edge vs 1069 $100M–$500M peers is Loan-to-Share Ratio: +17.47 pp (89.67% vs 72.20%).
- Return on Assets trails the peer set - 0.60% here, 0.62% peer average (-0.03 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
North Shore: in-state Call Report ranks
- Minnesota health ordinal: #1 of 82.
- Assets rank #24 of 82 inside Minnesota ($282.4M reported).
- Minnesota membership ordinal: #29 of 82.
In-state ordinals use the live credit_unions table for MN only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
North Shore Call Report trajectory
North Shore: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved -0.3% from $282.4M (2025Q4) to $281.6M (2026Q1).
- Net-worth ratio shifted +0.19 pp (12.58% → 12.77%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
12.77% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 100/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 100.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 15.0 pts
- Member Growth 15.0 pts
- Loan-to-Share Ratio 15.0 pts
North Shore vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 12.77% | +0.66 pp |
| Delinquency Rate | 0.33% | -0.57 pp |
| Return on Assets | 0.60% | -0.03 pp |
| Member Growth | 6.29% | - |
| Loan-to-Share Ratio | 89.67% | +17.47 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
North Shore filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $281.6M | - |
| 2025Q4 | $282.4M | 13,848 |
| 2024Q4 | $276.8M | 13,028 |
| 2023Q4 | $266.4M | 12,972 |
Credit Union Details
- Charter Number
- 18473
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $100M–$500M
- State
- Minnesota
- City
- Silver Bay
- Data Quarter
- 2025Q4
Branch Locations (8)
Per its most recent NCUA branch filing, North Shore runs 8 offices in 6 different cities.
| Office | City |
|---|---|
| Silver Bay (Main Office) | Silver Bay, MN |
| Duluth - Endi | Duluth, MN |
| Duluth - Lincoln Park | Duluth, MN |
| Duluth - Pike Lake | Duluth, MN |
| Grand Marais | Grand Marais, MN |
| Grand Portage | Grand Portage, MN |
| Lutsen | Lutsen, MN |
| Two Harbors | Two Harbors, MN |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Minnesota
A look at other Minnesota credit unions, ranked by how closely their peer group and asset size match this one.
North Shore nationwide neighbourhoods
Two NCUA Call Report peer sets for North Shore, both outside Minnesota so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($282.4M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (100/100 here).
Using this data
- North Shore ranks #16 of 4,374 nationally on financial health and #1 of 82 in MN -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Greater Community is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Greater Community
- Rates and health both vary by institution, not just by state -- see how Minnesota credit unions compare overall before assuming this one is typical. Minnesota state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is North Shore financially healthy?
Yes/no aside, the number is 100/100 (Excellent) - North Shore's financial health score from the NCUA 5300 Call Report, Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #16 of 4,374; by total assets it ranks #1,065 of 4,374 nationally (same basis as /rankings/largest); and #24 of 82 within Minnesota. Above 80 reads excellent, below 50 warrants closer monitoring; a 12.77% net worth ratio and 0.33% delinquency rate are the key drivers.
How does North Shore compare to other credit unions?
100/100 is North Shore's score on PlainCU's health composite, compared to a peer group average for $100M–$500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 15%.
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join North Shore?
North Shore operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact North Shore directly for the exact boundaries and application steps.
Is my money safe at North Shore?
Federal credit unions like North Shore are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. North Shore's net worth ratio of 12.77% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does North Shore offer compared to banks?
Credit unions like North Shore are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact North Shore directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.