Your first step to credit union membership
Open a Share Savings account with just $5 and become a member-owner of Northwoods Credit Union. Enjoy a safe place to save, plus access to all the products and services available to members.
Simple savings. Membership included.
A Share Savings account helps you build good saving habits while giving you access to all the benefits of Northwoods Credit Union membership.
Your key to membership
A Share Savings account establishes your membership with Northwoods Credit Union and gives you access to all member products and services.
Open with Just $5
Getting started is simple. Open your account with a minimum deposit of just $5.
Just $5 to maintain
Maintain a minimum balance of only $5 to keep your membership active and your account in good standing.
Free online banking
Check balances, transfer funds, pay bills, and manage your accounts anytime from your computer.
Free mobile banking
Bank on the go with our mobile app and deposit checks from wherever you are.
Free eStatements
Access your account statements securely online while reducing paper clutter and staying organized.
Compare our Share Savings Account with leading competitors.
| Account type | Share type | Dividend rate | APY |
|---|---|---|---|
|
Regular Shares |
1 |
|
|
|
Christmas Club |
2 |
|
|
|
Special Savings |
10 |
|
|
|
Share Draft |
75 |
|
|
|
Non Dividend Acct |
99 |
|
|
|
Traditional IRA |
80 |
|
|
|
Educational IRA |
89 |
|
|
|
Roth IRA |
85 |
|
|
|
Health Savings Account |
9 |
|
|
|
Money Market
|
40 |
|
|
|
Money Market
|
40 |
|
|
|
Money Market
|
40 |
|
|
|
Money Market
|
40 |
|
|
|
Money Market
|
40 |
|
|
Rates effective as of: August 26, 2026
TIS Disclosures can be found here.
What our customers say
Just drove up from St Paul to deal with our mothers estate account. Had the joy of working g with Kate M as Krista ..who is also amazing..was with family for the holiday. I can not thank Northwoods Credit Union enough for taking care of my Mammas account ts for 30 plus years and making my brother and I feel sage and confident with these challenging estate processes. Happy happy member am I.
Wonderful banking institution! I'd recommend Northwoods Credit Union to anyone! Tracy in Cloquet is simply amazing, not just because of her job, but who she is as a person and now someone I consider a friend! Customer service from everyone I encounter, whether it be over the phone or in person (doesn't matter which branch I'm at either), is always outstanding! This world would be a much happier place if all businesses could treat customers as good as you all do. You know the importance of kindness and how even a little, can go a long way, to making someone's day. Please know you are all very much appreciated. Thank you!
We have been going through a very difficult time and the employees at NWCU have been great. A special thanks to Krystal Buscko who has had to do an enormous amount of account maintenance and has been extremely helpful. Her customer service skills are exemplary! Krystal always goes above and beyond and I am so grateful. Andrea in the call center has also been wonderful to work with and very helpful!
Make informed decisions with our resources
Start your membership with just $5
Open a Share Savings account and become a member-owner of Northwoods Credit Union. Enjoy a safe place to save and access the products, services, and local support you deserve.
Rates
| Account type | Share type | Dividend rate | APY |
|---|---|---|---|
|
Regular Shares |
1 |
|
|
|
Christmas Club |
2 |
|
|
|
Special Savings |
10 |
|
|
|
Share Draft |
75 |
|
|
|
Non Dividend Acct |
99 |
|
|
|
Traditional IRA |
80 |
|
|
|
Educational IRA |
89 |
|
|
|
Roth IRA |
85 |
|
|
|
Health Savings Account |
9 |
|
|
|
Money Market
|
40 |
|
|
|
Money Market
|
40 |
|
|
|
Money Market
|
40 |
|
|
|
Money Market
|
40 |
|
|
|
Money Market
|
40 |
|
|
Rates effective as of: August 26, 2026
TIS Disclosures can be found here.
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