Proctor Federal Credit Union is a member-owned financial cooperative serving individuals within its field of membership and surrounding communities. Established to provide affordable financial services, the organization operates on a cooperative model that emphasizes member participation and democratic governance. Its history reflects a progression from a locally driven initiative to a structured financial institution offering a range of services aligned with the needs of its members and the regulatory environment governing credit unions.
The credit union conducts its primary functions through member deposits, loan origination, and related financial services aimed at facilitating savings, access to credit, and community financial well-being. Its operational scope typically includes branch-based service delivery, routine regulatory compliance, risk management, and the implementation of member-centric programs designed to promote financial inclusion. As a Duluth-area institution, Proctor Federal Credit Union integrates into the broader network of credit unions and local financial services, maintaining a focus on serving diverse member needs while upholding governance, ethics, and fiduciary responsibilities inherent to credit unions.
Better than 50% of providers in Duluth
In addition to the primary service, Proctor Federal Credit Union also offers:
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Proctor Federal Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
Proctor Federal Credit Union is listed as a financial service provider in Duluth, MN and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Proctor Federal Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Proctor Federal Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Proctor Federal Credit Union with other providers in Duluth and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Proctor Federal Credit Union has a rating of 4.0, which is better than 50% of providers in Duluth.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Proctor Federal Credit Union requests. It is always best to call ahead using the phone number on this page so Proctor Federal Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Proctor Federal Credit Union also offers: Credit union, ATM.