United Financials Capital, LLC collaborates with five Minnesota credit unions

Finances premier office building in Bloomington, Minnesota

MINNEAPOLIS, MINN (September 29, 2022)United Financials Capital, LLC (“UFC”), a newly formed credit union service organization (CUSO), is excited to announce the collaboration of five credit unions joining forces to finance a premier, Class-A 17-story office building located at 8400 Normandale Blvd in Bloomington, MN.

UFC was formed to collaborate and partner with credit unions on commercial lending opportunities throughout Minnesota and the Upper Midwest, with the mission of leveraging collective resources to fulfill commercial financing opportunities.

UFC facilitated financing for the acquisition of the 8400 Normandale property through two of its founding owners, Hiway Credit Union and TopLine Financial Credit Union, along with three innovative Minnesota credit unions, Centricity Credit Union, Members Cooperative Credit Union and Minnco Credit Union.

As a credit union owner of UFC, and lead-lender on this commercial loan, TopLine Financial Credit Union, worked closely with UFC and credit union colleagues to combine expertise and resources to complete the real-estate transaction.  This is the true cooperative spirit of credit unions collectively working together with UFC to initiate and share in the fundamental purpose of facilitating commercial loan financing.

“Partnering with United Financials Capital provides Minnesota credit unions with access to opportunities that they may not have been able to take advantage of by themselves,” said Tom Smith, President and CEO of TopLine Financial Credit Union. “Working together Minnesota credit unions can help support each other and their local business communities to deliver competitive commercial lending opportunities.”

UFC welcomes credit unions from across the state of Minnesota to collectively collaborative on opportunities in both small business and the larger lending space to better serve their communities, business members and stimulate economic growth.  This includes UFC directly reaching out to Minnesota credit unions with financing prospects, as well as credit unions bringing opportunities to UFC to facilitate the process.

Michael Dalglish, CEO of UFC, remarked, “This is just the beginning for UFC. We look forward to serving communities throughout Minnesota to grow this lending platform, which harnesses the resources and the collaborative nature of credit unions.”

About United Financials Capital, LLC

United Financials Capital, LLC (UFC) was established by four Minnesota credit unions, Affinity Plus Federal Credit Union, Hiway Credit Union, SPIRE Credit Union, and TopLine Financial Credit Union, to collaborate and partner on lending opportunities throughout Minnesota and the Upper Midwest. UFC will facilitate collaboration and drive organizational efficiencies through lending services, allowing credit unions to enter the commercial loan participation marketplace immediately. To learn more visit: or contact Michael Dalglish at 651-273-2696 or


Michael Dalglish

President & CEO, United Financials Capital


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