News & Announcements

Our loans will float your boat!

Recreational loans for RVs, Boats, Motorcycles & MORE!

It's Boat & RV Show Season! Summers are short & you won't want to waste one beautiful day- so buy today!


LIMITED TIME OFFER! Hook a YETI cooler with a new RV loan!*

The payment, terms and rates you want!

Apply today!

Online 24/7 at

*$10,000 loan minimum to qualify for YETI cooler. All loans subject to credit approval. This offer only available to new Northwoods Credit Union (NCU) loans and can not be combined with any other special offer. This offer only valid through 3/1/19. Loan must be secured with a titled recreational vehicle. NCU reserves the right to change or revoke promotion at any time. NCU is the sole sponsor of this giveaway. Yeti is not a sponsor and is a registered trademark of YETI COOLERS, LLC. This gift may be reported for tax reasons and may take up to 10 days to receive gift. Membership eligibility required.

STOP Your Debt Snowball!

Ask us about a consolidation loan! We would love to try and get you a lower rate & payment and we have financing available to fit your debt needs!**

Consolidate your loans from other banks and payoff your credit cards with a Northwoods Credit Union Consolidation Loan!

Rates as low as 7.95%APR*


Online or in branch but hurry, this offer ends 2/28/19.

*APR= Annual Percentage Rate. Rates terms and conditions are subject to change and may vary based on credit worthiness and qualifications.

**All loans subject to credit approval. Loans must be new to Northwoods Credit Union. This is a limited time offer, expiring 2/28/2019. Based on a 36-month loan for $5,000 at 7.95%, estimated monthly payment would be $156.57. This payment only reflects prin¬cipal and interest. Savings account required for membership; minimum balance of $5 required. NCU has the right to change or revoke this offer at any time. Membership eligibility required.

Annual Meeting

Refreshments will be served. All members in attendance will receive a gift as well as a chance to win one of our many prize drawings.

Board & Supervisory Committee Elections

The Committee nominated the following to serve on the Board of Directors for terms expiring in 2019.

Incumbents include; Lisa Follett Pollak & Jeffrey Kletscher - 3 year terms.

The Committee nominated the following to serve on the Supervisory Committee for terms expiring in 2019.

Incumbent is; Larry Champeaux - 3 year term.

If you are interested in learning more about becoming a Board Member or a member of the Supervisory Committee, please contact our Board Chair, Deb Larson at [email protected]. The application is available on our website at; search Board.

If you are interested in running for a Board or Supervisory position at our next Annual Meeting, please have your application in prior to February 1, 2019.

Along with our members, we donated more than $5,000 to area Food Shelves!!

Northwoods Credit Union ran a loan promotion this past holiday season with a generous twist. Members could earn up to 1% cash back on their new loans and had the option of donating part or all the cash back to their area food shelf. Northwoods Credit Union matched EACH member donation up to $50! The total amount donated over two months was $5,021.46! Donations were made to three area food shelves including the Cloquet Salvation Army, the Moose Lake Food Shelf and the Floodwood Area Food Shelf. When presented with Cloquet's portion of the donation, David Westerberg, Case Manager at the Cloquet Salvation Army Office said, "This is going to cover most of my next order, which is great. Mid-January to March is our leanest part of the year in terms of donations, but also the time of year with the most need. Heating bills go up, people are trying to pay off Christmas bills, it's just a tough time of year but this will definitely help." Earlier this fall the Northwoods Credit Union management team worked on putting their holiday loan promotion together and Terry Burn, Senior Vice President/Chief Risk Officer suggested filling a need in the community at the same time. "We thought, let's match those member donations with credit union dollars!"

"Our members showed amazing generosity through this promotion. We had members donate the full 1% cash back they were to receive! It was wonderful to work with our members to make a real impact in our communities," said Doug Wolf, Northwoods Credit Union President/CEO.

Deb Arro's Retirement Open House

Please join us for refreshments and cake as we wish Deb the best on her retirement. Deb's retirement open house will be held on Friday, January 18th from 1:00 – 4:00pm and will be held at Northwoods Credit Union, 224 W Hwy 2, Floodwood.

You can view the event page on Facebook here.