About Us
Ever nearer.
Even brighter.
As with any financial services cooperative, we put people before profits. But we’re more than a beacon in a sea of banks. And while our origins remain firmly anchored in Silver Bay, Minnesota, our values can be seen and felt in communities as far up as Grand Portage down to Duluth. Our resources are deeper, smarter and more readily accessible than ever. And when you explore our 12,000-plus membership (and growing) you’ll discover people from all walks of life. Which is exactly the way we like it. Because as a credit union cut from a different rock, we have our own ideas of where all this is going. And we couldn’t be more excited about what we see.
Board of Directors
Totally onboard.
We are member-owned and member-operated by a volunteer Board of Directors, elected directly and annually by the greater membership in accordance with NCUA rules and regulations. They work closely with our president, representing the interests of their fellow members, and are responsible for setting policies and providing overall direction.
- Judy Motschenbacher / Chair
- Roger Kegler / Vice-Chair
- Jenny Bjerken / Secretary/Treasurer
- Keck Melby
- Sheena Kern
- Amy Jordahl
- Alex Cavallin
Contact our board members.
NSFCU c/o Board of Directors
85 Outer Drive, Silver Bay, MN 55614
Supervisory Committee
Our Supervisory Committee
These members form an additional layer of operational oversight—working on a monthly basis with our Internal Auditor and outside firms to ensure compliance with regulatory standards.
- Peggy Osmundson / Chair
- Michele Fenstad
- Maria Strand
- Nancy Viola
- Mary Guzzo
Contact our committee members.
Inquire directly or write us at: PO Box 61, Silver Bay, MN 55614.
Volunteer
We’re interested if
you’re interested.
If you are member in good standing, at least 18 years old, and possess solid qualifications for either of the above roles and responsibilities, we want to hear from you. Please share your letter of interest including background experience and skills.
Values carved in stone.
Resourcefulness
Carving a community out of rock takes a tireless work ethic and ready access to powerful tools. We’re at our best when we have the time, training and resources necessary to make our hard work pay off.
Individuality
We believe that choosing where to live or do business shouldn’t change who you are. Let the other folks worry about how to fit in. We’re fine just being ourselves, and happily extend our neighbors the same courtesy.
Privacy
We’re refreshingly open about most things. But nobody likes a data breach or a showboat. So, how about it? Let’s keep our member information safe and sound, while keeping our personal good fortune to ourselves.
Collaboration
We’re independent thinkers not loners; well-insulated but hardly insular. When we pool our money and wealth of experience, energy, creativity and goodwill, there’s nothing we can’t accomplish.
Trust
We live in an environment rich in beauty, but trust will always be our greatest natural resource. Make good on our promises and admit our mistakes. Because if we can’t believe in those closest to us, we have nothing.
Respect
We’re proud to live and work here, right alongside others who choose to reach out, step up, and give it everything they’ve got, every day. Treating them as equals, and then some, is how we share our admiration.
Adventure
Throw caution to the gales of November? Never. But life is a journey not a destination, so let’s stick close and take it all in. Because facing the unknown isn’t nearly as intimidating when you’re with like-minded people.