We recently hosted our 89th Annual Meeting at the Cloquet Public Library in the Northwoods Credit Union Room, and we were pleased to share some important updates with our members and the Northern Minnesota community. 

The event was a great success, featuring key announcements that reflect our continued growth and ongoing commitment to those we serve. 

Read the full recap to learn more and watch the meeting in its entirety below. 

Dreaming of weekends at the lake or camping under the stars? Before you hitch up the camper or launch the boat, see what your monthly payment could look like with our Recreational Vehicle Loan Calculator.

In just seconds, you can estimate payments for: Boats, RVs, ATVs, and more!

Whether you're planning a family camping trip, upgrading your fishing boat, or shopping for a new side-by-side, our calculator helps you budget with confidence before you buy.

Ed Grondahl - Financial Advisor

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates.   Northwoods Credit Union is not registered as a broker-dealers or investment advisors.  Registered representatives of LPL may offer products and services through credit unions and may also be employees of a credit union. These products and services are being offered through LPL or its affiliates, which are separate entities from the credit union. Securities and insurance offered through LPL or its affiliates are:Not Insured by NCUA or Any Other Government Agency,  Not Credit Union Guaranteed, Not Credit Union Deposits or Obligations, and May Lose Value

Securities offered through LPL Financial Member FINRA/SIPC

Need to temporarily disable your debit card? This quick tutorial walks you through how to disable your card using Northwoods Credit Union’s online banking platform.

Whether your card is misplaced, lost, or you simply want added security, you can manage your card settings directly within digital banking in just a few steps.

Have you built equity in your home? It may be one of your most valuable financial tools.

For a limited time, Northwoods Mortgage is offering Home Equity Loans starting at 5.92% APR* through August 31, 2026.

A Home Equity Loan can be used for a variety of purposes, including home improvements, debt consolidation, major summer purchases, and more. Whether you're planning a remodeling project, looking to simplify your finances, or wanting to finance that dream camping setup, your home's equity may help you reach your goals.

Not sure how Home Equity Loans work? Watch the video below as Anna Mize, Director of Mortgage Lending, explains home equity, common uses for Home Equity Loans, and details about our limited-time special.

*Excludes refinance of existing NCU loans. Not all applicants will qualify. Membership eligibility required. Equal housing opportunity. NCU is insured by NCUA.

We're breaking ground at our new Northwoods Credit Union branch in Hinckley! Check out some progress pictures and make sure to sign up to get all the latest updates & news regarding our new branch, coming later this year.

The Northwoods Credit Union Scholarship program was created in 2025 to support our youth and young adults. Each year, we award two - $500 scholarships that are renewable for up to four years and a total of $2,000. 

This year, we’ve partnered with Northern Communities Credit Union to review each others’ scholarship program. This enables the best applications to be awarded by a group of neutral, third party judges. 

We’re happy to announce our two winners for 2026 are Kaitlyn McConnell of Esko and Kalli Fjeld of Floodwood. Kaitlyn is currently a freshman at Minnesota State Moorhead and pursuing a degree in Business Marketing. Kalli is a freshman at MN North College – Itasca and is pursuing a degree in Accounting.