About Affinity Plus Federal Credit Union and Its Digital Banking

Affinity Plus Federal Credit Union is a member-owned financial cooperative that has been serving its members for over 80 years. It has over 250,000 members across Minnesota and the world.

The credit union offers a range of financial services, including checking and savings accounts, loans, and credit cards. Its goal is to provide its members with better rates and lower fees than traditional banks.

Affinity Plus Federal Credit Union is known for its digital banking capabilities, making it easy for members to manage their accounts online or through the mobile app. Members can access their accounts, transfer funds, and pay bills from anywhere with an internet connection.

Affinity Plus is a not-for-profit financial cooperative that serves over 200,000 members across the state of Minnesota.

With a mission to help its members achieve financial stability and success, Affinity Plus offers a wide range of financial products and services.

The credit union was founded in 1939 and has since grown to become one of the largest credit unions in the state.

Affinity Plus is a federally insured credit union, meaning that its members' deposits are insured up to $250,000 by the National Credit Union Administration.

It has over 30 branches throughout Minnesota, making it easily accessible to its members.

Affinity Plus Federal Credit Union took home the 2023 ICE Innovation Award for eClose Advantage – Best Consumer Closing Experience.

Their forward-thinking approach put borrowers first, a refreshing change from the industry's focus on just pushing loans through.

They've achieved impressive numbers with Hybrid eClose, and are one of the top Encompass eClose customers at ICE.

Their members appreciate having a trusted partner to help them through the home-buying process, making things as easy as possible.

Affinity Plus Federal Credit Union offers a variety of services and features to its members.

Their online banking platform allows members to manage their accounts, transfer funds, and pay bills from the comfort of their own homes.

Members can also access their accounts through the Affinity Plus mobile app, which is available for both iOS and Android devices.

With Affinity Plus, members can take advantage of free online banking and bill pay, as well as free mobile banking with no overdraft fees.

To join Affinity Plus Federal Credit Union, you can satisfy one of the following criteria. You can be an employee of the State of Minnesota, the University of Minnesota, a Preferred Partner company, Affinity Plus Federal Credit Union, or any organization that receives funding from the State of Minnesota.

Affinity Plus Federal Credit Union also offers membership to students and alumni of any Minnesota State college or university or the University of Minnesota Twin Cities campus.

To determine your eligibility, check if you meet one of the criteria mentioned above.

Affinity Plus Federal Credit Union is based in Saint Paul, Minnesota. This is where the credit union originated and still maintains its main operations.

If you're looking to visit or contact Affinity Plus Federal Credit Union, knowing its location can be helpful.

Affinity Plus Federal Credit Union adopted Encompass eClose when many other lenders felt they didn't have the time to invest in innovative technology: during a historically high-volume market peak.

This forward-thinking approach has allowed Affinity Plus to establish a real competitive edge. They've been able to deliver closing documents to borrowers digitally earlier in the lending process, giving them a chance to review everything before getting to the closing table.

By doing so, Affinity Plus Loan Officers can identify issues, fix mistakes, and answer members' questions well before signing time. This proactive approach has been a game-changer for the credit union.

Members have been excited about the change, and continually express appreciation for how Affinity Plus makes the mortgage lending experience easy.

Member satisfaction scores shot up with eClose, showing a clear improvement in the way transactions are handled.

This boost in satisfaction is a direct result of the streamlined process, making it easier for members to navigate and complete their transactions.

With eClose, the complexity of the process is reduced, resulting in higher scores and a more positive experience for members.

NAICS Code is a six-digit code used to identify a business's type and industry.

The NAICS code for a specific business can be found on their website or through the US Census Bureau.

Affinity Plus Federal Credit Union has multiple NAICS codes: 522, 522130, 5221, 52213, and 52.

These codes help businesses like Affinity Plus Federal Credit Union categorize and report their activities accurately.

NAICS codes are also used by the government to track economic trends and industry performance.

Affinity Plus Federal Credit Union offers a range of financial products and services designed to meet the needs of its members.

Their membership is open to anyone, including students, faculty, and staff of participating Minnesota schools, as well as their families.

They have over 40 branches across Minnesota, making it easy for members to access their services in person.

With over $3 billion in assets, Affinity Plus is a financially stable institution that can provide long-term support to its members.

Their financial stability is backed by a strong capital position, with a net worth ratio of over 11%.

Members can take advantage of their low-interest rates on loans and credit cards, helping them save money on interest payments.

They also offer a variety of deposit accounts, including checking and savings accounts, to help members manage their finances.