Vehicle Loan – New and Used
The Credit Union finances up to 90% of the MSRP on new vehicles and 90% of high
retail value on used vehicles. A title is secured as collateral.
Share Secured Loan
With a share secured loan, you may borrow an amount equal to the money in your share savings account. Your share account secures the loan and may
not be withdrawn below the amount owed on the loan. Your share account continues to draw dividends.
Signature (Unsecured) Loan
A signature loan is an unsecured loan, which means there is
no collateral. The loan amount varies and is based on the member’s income and creditworthiness.
Recreational Loan
Includes, but is not limited to, motor homes, campers, 5th wheel trailers,
watercraft, jet skis, snowmobiles, ATVs, and motorcycles. A title is secure,d or a UCC1 filing will be processed for collateral.
Completed and signed applications must be returned to Minot Area School Federal Credit Union by mail, email, fax, or in person. Address: 215 2nd Street SE, Minot, ND 58701-3924 | Email: masfcu@minot.k12.nd.us | Fax: 701-857-4462
Other services offered:
Debit/ATM cards
Secure, convenient access to your accounts anytime.
Online Access
View account balances and transactions, and transfer funds between your MASFCU accounts.
Electronic Statements
Access up to 2 years of your monthly statement securely online. Convenient and paperless.
Credit Union Issued Checks
Guaranteed Payments: Our credit union-issued checks provide a secure and reliable method for making large withdrawals or payments.
Wire Transfers
Send or receive money both domestically and internationally. Fees do apply.
Credit Life Insurance
Purchase Credit Life Insurance for your loan and ensure your debt is covered in the event of your passing. Some restrictions apply.
Credit Disability Insurance
Credit Disability Insurance purchased with your loan will cover your loan payments if you become disabled and are not able to work. Some restrictions apply.
Notary Service
Complementary to our members.
Our Types of Accounts Offered
Shared Savings Accounts
Required for Credit Union membership. The minimum account
balance of $5 represents the member’s share in the Credit Union. The account earns dividends quarterly.
Share Draft & Checking Accounts
No minimum balance required. Overdraft protection from a savings account. Checks, Visa debit cards, and online access.
Share Certificates
A safe way to earn more on your money than a traditional savings account. Funds are left in your account with MASFCU for a 6 or 12-month term and earn a fixed rate. Dividends are paid quarterly and at maturity.
Christmas Club Accounts
This account offers you the opportunity to save throughout the year for holiday expenses. Dividends are posted annually, and a check for the balance in the account is issued to the member on October 1st, just in time to start your holiday shopping.
Side Share Accounts
These accounts offer a way to save for a specific purpose, like a vacation or wedding. You can deposit or withdraw from the account just like your regular share savings account. No minimum balance required, and dividends are paid quarterly.
Member Services
- Share Draft (Checking) Accounts
- Payroll Deduction
- Instant Cash Cards (ATM)
- Discount Movie Tickets
- Notary Service
- Instant Cash & Check Cards
- Certificates of Deposit
- Wire Transfers
- Postage Stamps
- N.A.D.A Guides
Online Services
Loans
- New Cars
- Used Cars
- Boats
- Campers
- Personal
- Loan Protection Insurance
Savings
- Share Savings
- Pee Wee Savings Accounts
- Christmas Club Savings
BECOME A MEMBER
Who Can Join
Employees of Bishop Ryan High School, Minot Public Schools, Minot State University, Nedrose School, Our Redeemer Christian School, Surrey School and all immediate family members of the employees of these schools.
How to Join
Joining is quick and easy. Fill out a short application, bring a valid ID, and open a savings account with a small initial deposit. That’s it—you’re part of our credit union family.
Why Join
When you join, you become more than a member—you become an owner. Enjoy lower fees, competitive rates, personalized service, and the peace of mind that your credit union is always working for you.
Hours & Location
Main Office
215 2nd St SE
Minot, ND 58701
Business Hours
Monday - Friday
8:00AM – 4:30PM
Summer Hours
Monday – Thursday 7:30AM – 4:30PM
Friday 7:30AM – 1:30PM
Wire-In Information
1. Receiving Bank: Bank of North Dakota ABA #091300285
2. Beneficiary Bank: Minot Area Schools FCU Routing #291378839
3. Member’s name & account number with Minot Area Schools Federal Credit Union