Northwoods Credit Union Announces New Hinckley, Minnesota Branch Opening
Northwoods Credit Union is excited to announce the upcoming opening of a new branch in Hinckley, Minnesota, expanding access to local, member-focused financial services in Pine County and the surrounding communities.
The new branch will be located at 501 Old Highway 61 South in Hinckley, MN, with an anticipated opening later this year. Once opened, the Hinckley location will become Northwoods Credit Union’s fifth branch.
This expansion reflects Northwoods Credit Union’s ongoing commitment to supporting local communities and providing accessible financial services to members across northern Minnesota.
Bringing Local Credit Union Services to Hinckley*
Hinckley serves as an important hub for residents and businesses in Minnesota. Many Northwoods Credit Union members already live, work, or travel through the area, making it a natural location for expansion.
Opening a branch in Hinckley will provide convenient access to financial services for both current members and those looking for a trusted local alternative to traditional banks.
The Hinckley branch will offer a full range of services, including:
- Auto loans and personal loans
- Mortgage services
- Checking and savings accounts
- Financial guidance from local experts
- Digital banking tools combined with personal in-person support
- And much more, such as Share Certificates, Youth Clubs, Credit Cards, Medicare Help, and Student Loans
By expanding into Hinckley, Northwoods Credit Union continues its mission of making financial services accessible, personal, and community-driven.
A Credit Union with a Long History
Northwoods Credit Union started back in 1936 in a small trailer on paper mill property. There were 7 paper mill employees with a vision of offering fairly priced products and excellent member service to their hard-working, blue-collar coworkers. Over the years, we’ve changed names and locations, but we still focus on providing exceptional member service and fairly priced products to our members. Our vision is to build life-long relationships, one member at a time.
Over the decades, the credit union has grown alongside the communities it serves while staying true to its cooperative roots.
Today, Northwoods Credit Union continues to focus on the same values it was built on nearly a century ago:
- Serving members first
- Supporting local communities
- Providing honest financial guidance
- Offering competitive loan and savings options
The new Hinckley branch represents another step in continuing that mission for years to come.
The Credit Union Difference
While banks and credit unions may offer similar financial products, the way they operate is very different.
Credit unions are not-for-profit financial cooperatives owned by their members. When you join Northwoods Credit Union, you become a part-owner of the institution.
This structure allows credit unions to focus on member benefits rather than shareholder profits. We also host many member-focused events, such as our Member Appreciation Days.
Lower Fees and Competitive Rates
Credit unions often offer competitive loan rates and fewer fees, helping members save money over time.
Personalized Service
Members receive personal service from local staff who understand the community and take the time to help find the right financial solutions. If you could not get a loan somewhere else because of your credit score, we would like to meet with you.
Local Decision Making
Credit unions make decisions locally, meaning loan approvals and financial guidance come from people who understand the area and its needs. Our call center is also located right here in Minnesota, so when you need help after you close that loan or visit one of our branches, we will be there for you.
Community Commitment
As member-owned organizations, credit unions reinvest in the communities they serve by supporting local events, organizations, and economic growth. This is our home, and we make sure we show up for our communities.
Looking Ahead to Serving Hinckley
Northwoods Credit Union is excited to join the Hinckley community and looks forward to building relationships with residents, businesses, and families in the area.
As construction and preparations continue, updates will be shared leading up to the official opening later this year. Make sure to sign up for our emails, follow us on social media, and stay tuned to our site.
Members and community members are encouraged to watch for additional announcements as the Hinckley branch gets closer to welcoming its first visitors.
Frequently Asked Questions
When will the Hinckley branch open?
The new Northwoods Credit Union branch in Hinckley is expected to open later this year, around fall time, with more details to be announced as the opening date approaches.
Where will the Hinckley branch be located?
The branch will be located at:
501 Old Highway 61 South
Hinckley, MN 55037
What services will be available at the Hinckley branch?
The branch will offer our usual full range of financial services, including:
- Auto loans & refinance
- Home and Land loans
- Checking and savings accounts
- Personal loans
- Credit Cards
- Youth and Teen Savings Clubs
- Student Loans
- Medicare Help
- Financial guidance and support & more!
Can anyone join Northwoods Credit Union?
Northwoods Credit Union membership is available to individuals who live, work, worship, volunteer, or attend school in eligible communities within our service area.
What makes a credit union different from a bank?
Credit unions are member-owned financial cooperatives. Instead of focusing on profits for shareholders, credit unions focus on providing value to members through competitive rates, lower fees, and personalized service.
Will there be a grand opening event?
Details about a grand opening celebration will be shared closer to the branch opening. Community members will be invited to stop by, meet the team, and learn more about what Northwoods Credit Union offers.
*Not all applicants will qualify. Membership eligibility required. NCU is insured by NCUA.