Minnesota Chippewa to open new credit union

by. Marc Rapport

Northern Eagle Federal Credit Union will soon open for business, beginning with two offices on the Bois Forte Reservation in northeastern Minnesota.

The NCUA, which met with credit union officials and the Bois Forte Reservation Tribal Council last month, has approved the charter and Minnesota Commerce Commissioner Mike Rothman has scheduled a visit with Northern Eagle FCU on Oct. 22, the Minnesota Credit Union Network said Wednesday.

“We’re very excited to see Northern Eagle FCU receive their charter. They will be a great addition to the Minnesota credit union family and, more importantly, will provide essential financial services and education opportunities to an underserved part of the state,” said Mark D. Cummins, MnCUN president/CEO.

Northern Eagle will have offices at Nett Lake in the Bois Forte Band’s new Government and Community Services Center and in the Fortune Bay Resort Casino in Vermilion, the MnCUN said. Grand openings are planned this winter, the league said.

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