About Us

Who we are and how we came to be Share Advantage

About Share Advantage

Can you imagine a time in this nation's past when it was impossible to secure a "small loan" of money unless you were willing to borrow from loan companies at rates from 36 up to 100 percent interest?

Duluth Federal Employess Credit Union

The new Federal Building became the home of DFECU for many years

Thirteen forward-thinking postal employees of the Duluth Post Office got together to discuss an idea they had heard about whose time had come. While that day – May 13, 1926 – was filled with rain and fog, it was not enough to dampen the spirits of those men. Before adjourning, later that night, those 13 pioneers had laid the groundwork for the Northland's 1st credit union. There were only two others in Minnesota at the time. It was to be an institution that would grow and prosper as the Duluth Federal Employees Credit Union (DFECU).

In 1995 and 1999 DFECU merged with Diamond Tool and Duluth Medical Services Credit Unions. With this rapid growth, DFECU evolved to become Share Advantage Credit Union. As the credit union has grown so have our services and the counties we service. Since 2018 we proudly serve all persons who live, work or attend school, and businesses and other legal entities located in Minnesota’s St. Louis and Carlton counties.

Group Postal Workers

Duluth Post Office employees on the Federal Building steps in 1929

Old Federal Building

Duluth’s old Federal Building, the birthplace of your Credit Union

Air Mail Postal Carriers

Duluth Police officers escort Duluth’s First Air Mail to the Post Office in 1931

Their motto was, "Not for profit, but for service." To this very day our dedication to service, integrity and trust is a salute to those men, their vision and is also our guarantee to you, the member.

Diamond Tool Credit Union
Medical Services
Group of Nurses

Duluth Nurses

Main Office
2502 Maple Grove Rd.
Duluth, MN 55811

(218) 722-5931



Essentia Office
407 E. 3rd St.
Duluth, MN 55805

(218) 740-2244



West Duluth
4918 Grand Ave.
Duluth, MN 55807

(218) 740-2222



 2018 Share Advantage Credit Union. All Rights Reserved.