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Savings accounts

A simple way to save and become a member

Start building your savings with an account designed for everyday goals. With as little as $5, you can open a Share Savings account, become a Northwoods Credit Union member, and enjoy convenient digital banking tools.

Savings options for every goal

Whether you're building an emergency fund, saving for a major purchase, or planning for the future, Northwoods offers savings accounts designed to help you reach your goals.

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Share Savings

Start saving with as little as $5. Your Share Savings account establishes your membership and gives you access to all the benefits of Northwoods Credit Union.

Christmas Club

Christmas Club

Make holiday spending easier by saving throughout the year. Set money aside automatically and be ready when the season arrives.

Money Market

Money Market

Earn more on higher balances while maintaining easy access to your funds. A great option for larger savings goals and emergency reserves.

Protection during serious health events

Health Savings Account (HSA)

Save for qualified medical expenses with a dedicated account designed to help you prepare for healthcare costs now and in the future.

Share Certificates

Share Certificates

Lock in your savings for a set term and enjoy competitive returns. Choose the certificate option that best fits your financial goals.

IRA

Individual Retirement Accounts (IRA)

Build a stronger retirement plan with savings options designed to help you prepare for the years ahead.

Compare our Savings Accounts with leading competitors.

Share rates

Rates effective as of: August 26, 2026

TIS Disclosures can be found here.

What our customers say

The staff at NCU are absolutely wonderful. They went above and beyond to help me when I had gotten scammed and had to open new accounts. I felt very welcomed by the staff and continue to when I need to do business there!
Carol A.
The ladies are very professional and also very knowledgeable. I don't think there is any way these ladies could improve on what they do. It is always nice to be greeted when I walk into Moose lake credit union. These ladies alway have a smile and are cheerful. Thanks to all you do.
Gary H.
I always get such amazing service from Northwoods credit Union! There is an amazing teller, Tammy. Always ready with a smile! And thank Krystal Buskirk for your help with my business account today!!
Donna A.

Frequently asked questions

Find answers to common questions about our savings accounts and services.

  • A checking account is designed for everyday spending and money management.

  • A savings account helps you save for future goals.

  • Eligible accounts may earn dividends.

  • Identification and eligibility verification may be required.

  • Minimum opening requirements vary.

  • Yes. Many members maintain multiple savings accounts.

  • Yes. Digital banking services are available.

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Find the savings account that fits your goals

Whether you're building an emergency fund, saving for a special purchase, or planning for retirement, Northwoods has savings options to help you get there.