Topline Federal Credit Union Review

Topline Federal Credit Union is my focus here today. We’ll be looking through a bit of history on them, what they offer, and can help you decide if it makes sense to open an account there.

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Their routing number is *291074696


This is a not-for-profit credit union that serves people in the Twin Cities + other surrounding areas. I’ve seen this with more CU’s than I can count, but, like the others, Topline was founded by a group of employees.

7 employees of Bell System in 1935 pooled together $35 to start a financial institution. Hard to believe that was all it took back then! As with other leading credit unions, they started to make membership more accessible as the grew.

Today, they have $525 million+ in assets and over 46,000 current members.

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Topline Membership Requirements

If you want to be a member at Topline Federal Credit Union, you will need to live, work, worship, volunteer, or attend school in a specific Minnesota county. Those are Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, or Washington Counties.

If your immediate family member qualifies for membership, then you do, too.

Their Offerings

Topline is competitive with similar non-profit financial institutions in Minnesota. Of their personal products, you can find checking, savings, loans, investments, and personal insurance. Not every credit union that I look at offers insurance options.

You can actually get full coverage in life, auto, & home insurance. They also offer umbrella policies.

If you run a business, you can get checking and savings accounts through Topline. They can also offer you loans/credit lines, planning & investments, and business insurance. Let’s dig more into their personal offerings and see what those look like up-close.

Topline Federal Credit Union Checking Accounts

You have a lot of different types of accounts to choose from for checking. I usually see 3-4 on average, but, Topline offers 5 different types of accounts. There’s totally free checking, iChecking, Interest checking, Sterling Checking, and TopLine Checking.

Totally Free Checking is pretty standard for what you’ll see at other CU’s around Minnesota. There’s no minimum balance and no monthly service fees. They have a pretty big network of fee-free ATM machines, 82,000+ machines. You can also get cash back at participating retailers (Costco, Target, and Walgreens all participate).

Topline Federal Credit Union iChecking and Others

iChecking allows you to avoid having a minimum balance when you sign up for direct deposit, free Online Banking, free Bill Pay and eStatements. Sounds like three of those should be pretty easy, but direct deposit could be tougher depending on your employment situation.

Their interest checking account allows you to earn interest from tiered dividends. You do, however, need to maintain a $500 minimum balance in order to earn those.

For those who can maintain a large minimum balance, their TopLine Checking may be best. That minimum is $5000. Using one of those accounts comes with added benefits like free checks and the biggest possible yield on your checking balance. At the time of this writing, the best topline rate was .11% annual percentage yield and so was the dividend rate.

Philanthropy Topline Federal Credit Union

Many credit unions pride themselves on giving back to the community. Topline is no different, and they do a handful of things annually to make a difference. At the beginning of each school year, they host a Back-to-School Supply drive that uses the power of eCommerce to get people donating through Amazon wish lists and Target registries.

They also gave out $14,000 in scholarships through their Topline Credit Union Foundation in 2021. Those were given to credit union members who were continuing their higher education.

Final Thoughts

If you live in Minnesota and you’re considering a local CU, give Topline Federal Credit Union a look. I did wish they gave more detail on things like the various checking accounts (like what overdraft fees are, that type of thing).

They offer the usual financial products you need from a bank and then some. You can get checking, savings, and even insurance from them. It’s also nice to see that they give back to the community, too.

*All information in this article was current at the time of this writing, however, it could change without notice. We do our best to keep these updated, however, there is no guarantee you will find the same information on the CU’s website or at the time of opening an account with them.

*This site is not affiliated with the Credit Union mentioned in this article.

Bob Buckley

Bob Buckley writes about food and business.