North Star Community Credit Union

This is a community-focused commercial bank that offers small business loans, including SBA-backed financing, to support local entrepreneurs and businesses. You can find personalized banking services, loan options, and financial guidance tailored to small business needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours. Calling ahead can help prepare your documentation and streamline the process.

The bank operates Monday through Friday from 9:00 AM to 5:00 PM. Hours may vary on holidays, so it's best to contact them directly for specific scheduling.

There are no fees to visit the bank, but loan applications and services may include origination or processing fees, which will be disclosed upfront.

This bank primarily serves local residents and business owners in the Maddock area, but membership eligibility may vary for certain services.

A minimum personal credit score of around 650 is generally preferred, though other factors also influence approval decisions.

The underwriting process typically takes 2 to 4 weeks, depending on the completeness of your application and the complexity of your loan request.

Most credit unions keep weekday business hours and are closed on weekends, and North Star Community Credit Union typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call North Star Community Credit Union to confirm current weekend availability before you go.

North Star Community Credit Union is located in North Dakota — see the contact card for the full address. Most credit union locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for North Star Community Credit Union, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by North Star Community Credit Union itself, which runs its own lending under its own ownership. If you work at North Star Community Credit Union, you can claim this listing from this page to manage it.

The core details for North Star Community Credit Union — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with North Star Community Credit Union before applying. If you represent North Star Community Credit Union, claim this listing to keep its information up to date.

You can reach North Star Community Credit Union by phone at (701) 858-9300 or online at northstarccu.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with North Star Community Credit Union before relying on them.

Based on its approved SBA loans, North Star Community Credit Union most often finances businesses in construction & contractors. This reflects North Star Community Credit Union's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with North Star Community Credit Union which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether North Star Community Credit Union participates in SBA Express depends on its specific SBA lending authority. Contact North Star Community Credit Union and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established credit unions hold PLP status, but it varies by institution. North Star Community Credit Union can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. North Star Community Credit Union's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask North Star Community Credit Union directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask North Star Community Credit Union what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask North Star Community Credit Union to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with North Star Community Credit Union to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. North Star Community Credit Union weighs this case by case under its own policy, so be upfront about your history and ask North Star Community Credit Union how it evaluates prior bankruptcies.