-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001144204-10-026081.txt : 20100511
<SEC-HEADER>0001144204-10-026081.hdr.sgml : 20100511
<ACCEPTANCE-DATETIME>20100511135515
ACCESSION NUMBER:		0001144204-10-026081
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Securities Act Section 4(6)
FILED AS OF DATE:		20100511
DATE AS OF CHANGE:		20100511
EFFECTIVENESS DATE:		20100511

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NORTHSTAR FINANCIAL CORP
		CENTRAL INDEX KEY:			0000829141
		IRS NUMBER:				272395712
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-141849
		FILM NUMBER:		10820213

	BUSINESS ADDRESS:	
		STREET 1:		8101 O STREET
		STREET 2:		SUITE S111
		CITY:			LINCOLN
		STATE:			NE
		ZIP:			68510
		BUSINESS PHONE:		402 489 8266

	MAIL ADDRESS:	
		STREET 1:		8101 O STREET
		STREET 2:		SUITE S111
		CITY:			LINCOLN
		STATE:			NE
		ZIP:			68510

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTHSTAR FINIANCIAL CORP
		DATE OF NAME CHANGE:	19880209
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0704</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0000829141</cik>
        <entityName>NORTHSTAR FINANCIAL CORP</entityName>
        <issuerAddress>
            <street1>7825 Washington Ave So, Suite 500</street1>
            <city>Bloomington</city>
            <stateOrCountry>MN</stateOrCountry>
            <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
            <zipCode>55439</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>952-943-3975</issuerPhoneNumber>
        <jurisdictionOfInc>MINNESOTA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <previousName>NORTHSTAR FINIANCIAL CORP</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2010</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Rick</firstName>
                <middleName>D.</middleName>
                <lastName>Meyer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>7825 Washington Ave So, Suite 500</street1>
                <city>Bloomington</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>55439</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <middleName>A.</middleName>
                <lastName>Oliver</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8101 O Street S111</street1>
                <city>Lincoln</city>
                <stateOrCountry>NE</stateOrCountry>
                <stateOrCountryDescription>NEBRASKA</stateOrCountryDescription>
                <zipCode>68510</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Milt</firstName>
                <lastName>Tenopir</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3837 So. 40th Street</street1>
                <city>Lincoln</city>
                <stateOrCountry>NE</stateOrCountry>
                <stateOrCountryDescription>NEBRASKA</stateOrCountryDescription>
                <zipCode>68506</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <lastName>Burkey</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5120 Deer Creek Circle</street1>
                <city>Lincoln</city>
                <stateOrCountry>NE</stateOrCountry>
                <stateOrCountryDescription>NEBRASKA</stateOrCountryDescription>
                <zipCode>68516</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Chuck</firstName>
                <lastName>Foreman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>9716 Mill Creek Dr.</street1>
                <city>Eden Prairie</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>55347</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Joe</firstName>
                <lastName>Daly</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>307 Plum Run</street1>
                <city>Le Sueur</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>56058</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Terry</firstName>
                <lastName>Amundson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>311 10th Ave SE</street1>
                <city>Elbow Lake</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>56531</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Wayne</firstName>
                <lastName>Freese</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>604 Lake Ave.</street1>
                <city>Worthington</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>56187</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Insurance</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>46</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-05-10</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>100000</totalOfferingAmount>
            <totalAmountSold>20000</totalAmountSold>
            <totalRemaining>80000</totalRemaining>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>0</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>50000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>NORTHSTAR FINANCIAL CORP</issuerName>
                <signatureName>/s/ Rick D. Meyer</signatureName>
                <nameOfSigner>Rick D. Meyer</nameOfSigner>
                <signatureTitle>Chief Executive Officer</signatureTitle>
                <signatureDate>2010-05-10</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----