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St. Cloud Financial Credit Union Enhances Financial Planning Services with Principal® Financial Network of Minnesota

New collaboration brings members tailored investment, retirement, and insurance solutions


St. Cloud Financial Credit Union (SCFCU) is pleased to now be collaborating with the Principal® Financial Network of Minnesota to offer personalized and comprehensive investment and retirement services to its members across Central Minnesota.

"With 95 years of serving Central Minnesota, St. Cloud Financial Credit Union continues to evolve and find innovative ways to help our members achieve their financial goals," said Chase Larson, Executive Vice President and Chief Lending Officer at St. Cloud Financial Credit Union. "The local presence and commitment to collaboration that Principal Financial Network brings aligns perfectly with our mission to make a meaningful difference in the lives of people and our communities."

Principal Financial Network of Minnesota financial professionals will be available to meet with current or prospective members of SCFCU. 

"We are proud to work with St. Cloud Financial Credit Union to bring comprehensive financial planning services to support their members," said Nick Halvorson, Regional Managing Director, Principal Financial Network of Minnesota. "Through this collaboration, we are able to enhance the services offered, building on over 50 years of supporting Central Minnesota, to help residents feel more protected and confident in their financial future with personalized investment and retirement solutions.”

About St. Cloud Financial Credit Union

St. Cloud Financial Credit Union is a not-for-profit financial cooperative founded in 1930. Currently with over 27,000 members and more than $400 million in assets, the credit union is proud to serve members in Central Minnesota with branches in St. Cloud, Sartell, Sauk Rapids, Becker, and Albertville. The organization prides itself on making a meaningful difference through human connection for members and their local communities. Learn more at www.scfcu.org.

About Principal Financial Network

The Principal® Financial Network of Minnesota is part of the nationwide affiliated group of financial professionals who work with the Principal Financial Group®. These financial professionals help individuals, businesses, and their employees build, protect, and advance their financial well-being.


Securities and advisory services are offered through Principal Securities, Inc, member SIPC., a registered investment advisor and broker-dealer registered with the U.S. Securities and Exchange Commission. Insurance products are offered through Principal National Life Insurance Company (except NY) and Principal Life Insurance Company®. Referenced companies are members of the Principal Financial Group®, Des Moines, IA.

Registered representatives of Principal Securities, Inc. are not employees of St. Cloud Financial Investment Services. St. Cloud Financial Investment Services is not registered as a broker-dealer or investment advisor. These products and services are being offered through Principal or its affiliates, which are separate entities from, and not affiliates of, St. Cloud Investment Services.

Principal Securities Registered Representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

This endorsement is provided by St. Cloud Financial Credit Union ("Promoter"), who is not a current client or investor of Principal Securities, inc. Promoter receives a percentage of compensation in return for their endorsement if you become a client of Principal Securities, Inc. Promoter will receive up to 86% of gross compensation. Promoter's receipt of cash compensation creates an incentive for the Promoter to refer you to Principal Securities® rather than other investment adviser representatives with which it does not have a simiar referral agreement, resulting in a conflict of interest for the Promoter.

Products offered by Principal Securities®:
- Are not deposits
- Are not insured by the NCUA or any federal government agency
- Are not guaranteed by St. Cloud Financial Credit Union
- May go down in value
- Involve investment risk

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News, ProductsMitchell Hansen