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Loyalty Choice Rewards Checking

Earn more from everyday banking

Earn competitive dividends, enjoy ATM fee refunds, and make the most of the banking you already do.

More rewards. Same simple checking.

The more you use Northwoods services, the more you can earn. Enjoy a checking account with rewards, convenience, and no monthly service charge.

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Earn competitive dividends

APY* on average balances up to $10,000

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ATM fee refunds

We'll refund up to $30 in ATM fees each month when account qualifications are met.

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No monthly service charge

Keep more of your money. There are no monthly maintenance fees on this account.

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Free debit card

Access your money easily with a free Northwoods Mastercard® debit card.

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Unlimited check writing

Write checks when you need them without worrying about usage limits.

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Low minimum balance

$10 minimum balance to earn checking account rewards

Compare our Loyalty Choice Rewards Checking with leading competitors.

Loyalty Choice Rewards Checking rates

Rates effective as of: August 26, 2026

Fees may reduce earnings. TIS Disclosures can be found here.

Loyalty Choice Rewards Checking qualification

Rates effective as of: August 26, 2026

Fees may reduce earnings. TIS Disclosures can be found here.

What our customers say

Great place to bank. The staff are friendly and always are there to help. Never had any problems here and I have been banking here for about 12 years.
April G.
Friendly service and willing to work with you when you are in a down and out situation. I would highly recommend Northwoods Credit Union!
Lynn T.
Everyone Is very professional and friendly. 15 minutes to create your acct and you obtain debit card in same visit. Absolutely couldn't ask for more
Michael T.

Frequently asked questions

Find answers to common questions about our Loyalty Choice Rewards Checking accounts and services.

  • Earning rewards is easy. Keep at least $10 in your account and use qualifying Northwoods products and services. Qualifying options include a Northwoods debit card, direct deposit, an active loan, or a share certificate. The more qualifying products you have, the higher your dividend rate can be.

  • Yes. You only need a $10 balance in your account to qualify for rewards.

  • With Loyalty Choice, you could earn up to ~0.602% APY when you meet all four qualifying criteria. (To compare, one qualifying product is about 0.15% APY, two is ~0.30%, and three is ~0.451%.) Keep in mind these rates are variable and can change after you open the account. See our Truth-in-Savings disclosure for the official current rates and terms.

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Open a Loyalty Choice Rewards Checking account today

Enjoy a checking account that rewards your everyday banking while keeping things simple and local.