Membership

If you live, work, go to school, volunteer, or attend church in Carlton & Pine County, you are now eligible to open an account at Northwoods Credit Union! We're proud to say that our members have done a great job of telling others how much they like Northwoods Credit Union! We've had many requests to open accounts from people who didn't meet our prior eligibility requirements. With all these requests, we decided it was time to apply with the State of Minnesota to open to the entire county. Only 2 of these requests with the State of Minnesota were approved this past year and we were one of them! We were approved because of our strong financials and our history of providing members with exceptional products and services as well as having a comprehensive plan to continue serving our members well.

We hope that you continue to tell your family, friends and coworkers about us and our new membership eligibility. We will continue to serve the employees of our Select Employer Groups and develop new services and products based on their needs. We take pride in providing personal service to you and your families and will continue to do so.

Our Select Employers include:

  • Carlton County Employees
  • Carlton School District
  • City of Carlton / Carlton Fire Department
  • City of Wrenshall / Wrenshall Fire Department
  • Cloquet Ford-Chrysler Center
  • Cloquet Terminal Railroad
  • Cloquet Transit/LCS Coaches
  • Community Printing
  • Esko School District
  • High Mark Construction
  • Inter-Faith Care Center
  • Jarden Home Brands
  • Potlatch
  • RAM Mutual Insurance Company
  • Ray Riihiluoma Inc
  • RE/MAX Cloquet
  • Sappi Fine Paper
  • Specialty Minerals
  • Upper Lakes Foods
  • WKLK Radio Station
  • VFW of Carlton Members

The Credit Union Difference

Credit Unions are not for profit cooperatives owned by our members. We are in existence to serve our members, not a group of stockholders. Every one of our members has an equal vote in credit union elections, which are typically held at our Annual Meeting. Because we don't have to pay a group of stockholders, we are able to pay our members a higher rate of return on their savings and charge less in interest and fees on loans and other financial products.

Watch this video that explains the difference between banks and credit unions.