Our office is closed on Saturday, October 1st for our System Upgrade.  Online & Mobile Banking and 24 Hour Tellerline will be unavailable until 8am on Monday, October 3rd.
Please see below for more information.

In This Issue
Northwoods Investing & Insurance Services with Ed Grondahl
Edward Grondahl
Ed talks about the little things to keep in mind for life after work..   Click here to read Ed's article.
Steve's Computer Tip #122

Steve shares an article with some of the best computer tricks on the internet!   Click here for the full article!

In an effort to efficiently monitor our debit card portfolio, we will perform quarterly maintenance.  If you don't use or have never activated your debit card and want to keep it open, please notify Nitasha by calling 218-878-3942 or email her at nitashag@northwoodscu.org
eStatements are free, safe, easy and convenient!

How do I sign up?
1. Log in to online banking from our website.
2. Click the eStatements tab at the top of the page
3. Enroll!
4. Next time statements go out, you'll get an email letting you know your eStatements are available within Online Banking!

October 1, 2016 Issue 81
A printed version of this newsletter will be available in our lobby.

We thank you for your patience as we run our system upgrade beginning September 30th through Monday, October 3rd. We do understand that this upgrade may cause you some inconveniences over this weekend but are confident the benefits are worth the hassle and we appreciate your patience throughout the process. If you have any questions or concerns prior to the upgrade, please feel free to call us at 218-879-4181, stop in the office or email us at nwcu@northwoodscu.org.

**Your account number will remain the same following the system upgrade**

**Please Note** As of October 3rd, you will not be able to access any account history on Online Banking, Mobile Banking or eStatements prior to October 1st, 2016. Please download the eStatements you think you will need now, to avoid any issues later. We will have access to your account history here at the office. If you have any questions regarding this please call us at 218-879-4181 or email us at nwcu@northwoodscu.org.

Schedule for Friday, September 30th at 3:00pm - Monday, October 3rd at 8:00am:
  Online Banking and Mobile Banking will be down.
  24 Hour Tellerline will be down
  Debit Cards may work intermittently.

$10,000 in Scholarship Money Available 
In a partnership with the MNFIC, Northwoods Credit Union is pleased to offer a scholarship program exclusively to credit union members to help further their pursuit of education.
For the 2016-2017 school year, $10,000 in scholarships will be awarded to college students in traditional (high school seniors entering college) and non-traditional categories.
  • Four $1,000 Harvey Bakke  scholarships
  • Twelve $500 scholarships
Complete an application and essay online at mnfic.org.
2016 Essay Question: "How can the credit union of the future best serve YOU?"
Funds for the FIC's scholarship program are raised each year during the committee's silent auction, which is held during the Minnesota Credit Union Network's Annual Meeting & Convention.
Contact Northwoods Credit Union Marketing Manager Kate Mason at kate@northwoodscu.org. 
Contact FIC Chair Bridget Peterson bpetersen@myspire.com  (651) 215-3500.

Annual Bake Sale
Our annual Bake Sale will be held on Thursday and Friday, November 3rd and 4th at both offices during our regular hours.  Stop by and pick up some homemade treats on your way to the hunting shack!

All proceeds will be donated to the Children's Miracle Network and our local Children's Hospital.

Days to Remember

Saturday, October 1st
We will be closed for our System Upgrade. Online Banking, Mobile Banking and the 24/7 Tellerline will be unavailable. Please see article to the left.

Monday, October 10th
We are closed in observance of Columbus Day.

Thursday, October 20th

International Credit Union Day.  Please join us for refreshments at both offices.

Thursday, November 3rd & Friday, November 4th
Our Annual Bake Sale!  Sample our employees best recipes!  All proceeds go to the Children's Miracle Network!

Friday, November 11th
We are closed in observance of Veteran's Day.

Thursday, November 24th
We are closed for Thanksgiving.

Friday, November 25th
Stanley Avenue Office is open regular hours. Avenue B office will be closed.

Friday, December 16th
Join us for our Holiday Open House!

Saturday, December 24th & 
Monday, December 26th 
We are closed for the Christmas Holiday. 

Monday, January 2nd
We are closed
Click here for our

Click here for our

Do You Kasasa?
Did you know your Northwoods Credit Union Visa Credit Card  comes with 
FREE Cell Phone Coverage???

Pay your cell phone bill each month with your Northwoods Credit Union Visa Credit Card (both Low Rate and Reward Program Cards have coverage) and you could be eligible for FREE Cell Phone Coverage! 

View full Cell Phone Coverage requirements & disclosure here.

If you don't have a Northwoods credit Union Credit Card yet, apply today!
Northwoods CU Platinum Rewards                    Northwoods CU Platinum Low Rate

Other card benefits include Travel Accident Insurance, Roadside Dispatch Program, no annual fee, no foreign transaction fees and MORE!
Northwoods Credit Union Wins 2 State Awards!
Northwoods Credit Union of Cloquet has been honored with a 2016 Dora Maxwell Social Responsibility Community Service Award. The award, sponsored by the Minnesota Credit Union Network (MnCUN) and the Credit Union National Association (CUNA), recognizes credit unions for the activities they coordinate that benefit their community or a specific charity.
The credit union's program was Rooted in Community, a fundraising program. Each Friday, Northwoods Credit Union employees pay money to wear jeans. Every month the employees submit names of non-profits and organizations in need of donations.  Once all groups are compiled, they then vote to see who the winner is for that month.  The winner receives a full month worth of jean money.  This past year we supported 12 local groups and donated over $3400 in employee donations!
"This program is the result of a brainstorming session during a staff meeting," said Northwoods Credit Union President, Barb Brown.  "I think our Rooted in Community program is a great example of credit union values!  Our staff comes together each month to raise money for a group that they, or a coworker, are passionate about.  When the situation calls for it, they're not afraid to jump in and donate their time and resources as well as their money."

The award is named in honor of Dora Maxwell, an early credit union pioneer. One of the original signers of CUNA's constitution at Estes Park, Colorado, Maxwell worked as an organizer for the movements' trade association (then called the Credit union National Extension Bureau) and held numerous volunteer positions at the local and national level. In addition to organizing hundreds of credit unions, she developed volunteer organizer clubs and worked with organizations on behalf of the poor.

Northwoods Credit Union of Cloquet has been honored with a 2016 Louise Herring Philosophy-in-Action Member Service Award. The award, sponsored by the Minnesota Credit Union Network (MnCUN) and the Credit Union National Association (CUNA), recognizes credit unions that demonstrate in an extraordinary way the practical application of the movement's principles in serving their members.

The credit union's winning program was 2nd Chance Lending. The employees at Northwoods Credit Union love helping people get back on their feet and raise their credit score.  They understand that bad things happen to good people and want to get the word out that there are loan options besides high-interest lenders.  A little help and financial education and people are back on their feet in no time.  In 2015 Northwoods Credit Union approved 93% of all loan applications, proving that helping people always comes first.

"We truly believe in the Credit Union Philosophy of People helping People," said Barb Brown, Northwoods Credit Union President. "We've been told that we remind people of how business 'used to be done.' We're proud to say we've been doing business this way for 80 years and we intend to keep doing so."

The award is named in honor of Louise Herring, an active supporter, organizer and champion of credit unions. She was the Ohio delegate to the 1934 national credit union conference in Estes Park, Colorado, where she signed the original constitution for a national credit union association. Herring believed that credit unions should work in a practical manner to better people's lives. She saw the credit union as more than just a financial institution. In her own words, "The purpose of the credit union is to reform the financial system, so that everyone can have his place in the sun."

The Credit Union's winning entry's will advance to the national competition, where they will compete with community service projects and member service projects from credit unions in other states.

Around Town
Carlton High School T's
Northwoods Credit Union was happy to help the Carlton School District with some new gym t-shirts for all their students this school year.
Carlton County Fair
We enjoyed seeing you all at the Carlton County Fair!  We had another year of beautiful weather and Fair Fun!  

Employee Spotlight
Paula Olsen

This month we're continuing our Employee Spotlight section with Paula!

Paula is our Vice President of Accounting and has been with Northwoods Credit Union for 29 years!  Paula has been with the Credit Union since we had our small office in the paper mill and has seen many changes here at the Credit Union over the years.  We're lucky to have her on our team!  Please keep reading to hear her thoughts of working at Northwoods Credit Union.

"I started working at the credit union in May 1987.  At that time we only had 7 employees and our only office was located at the Potlatch mill.  No private loan offices back then, we just did the loan right at the teller counter.  Such close quarters enabled us to get to know our coworkers and our members very well.  There have been many changes through these last 29 years.  When I started only Potlatch employees and blood relatives of the credit union were able to join.  We have also had a few name changes and introduced some new products and services like mobile banking, Kasasa checking, and a rewards credit card.  I have been blessed to work in many different departments prior to the accounting department.  I have been a teller, a loan officer, a mortgage loan officer, a collections manager, and now I am the Vice-President of Accounting.  The experience I gained from working in these departments have helped me greatly in my current position.  I am proud to represent Northwoods Credit Union and I hope our members still feel like they can get the same personal service that we offered when I started back in 1987.  We have the best members so you deserve it!" Paula Olsen       

Northwoods Credit Union | | kate@northwoodscu.org | http://www.northwoodscu.org
1702 Avenue B  Cloquet, MN 55720
902 Stanley Avenue   Cloquet MN 55720

*Kasasa Disclosures:  Qualification Information: Account transactions and activities may take one or more Banking Days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account¹s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our Northwoods Credit Union as ATM  transactions and purchases made with debit cards not issued by Northwoods Credit Union. "Monthly Qualification Cycle" means a period beginning on the first day of the current Statement Cycle through the last day of the current statement cycle. Reward Information:  Rewards vary by account.  Depending on what Kasasa account you open, you will receive the following rewards when you meet your account¹s qualifications during a Monthly Qualification Cycle: Kasasa Cash:
Balances up to $15,000 receive  APY of 2.25%; & balances over $15,000 earn 0.249% interest rate on the portion of balance over $15,000, resulting in a range from 0.51% to  2.25% APY depending on the account's balance. Your Kasasa Saver account receives an APY of 0.050% and balances over $15,000 earn 0.247% interest rate on the portion of balance over $15,000, resulting in a range from 0.50% to 0.28% APY depending on the account¹s balance.Kasasa Cash Back:  4.00% cash back up to an aggregate amount of $8.00 per monthly qualification cycle, on everyday debit card purchases totaling $200.00 or less that post and settle to your account during the monthly qualification cycle, and;  ATM Fee Refunds: you will receive reimbursements up to $4.99 (per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified.  ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher. When your Kasasa account qualifications are not met all balances in a Kasasa Cash account earns 0.050% APY*; all balances in a Kasasa Saver account earn 0.050% APY. Rewards and ATM fee reimbursements will be credited to the appropriate Kasasa account on the first business day of the following statement cycle.   Automatic transfers to Kasasa Saver occur within one business day. This automatic transfer may cause an overdraft to your Kasasa Cash account, if the respective account's balance is less than the transferred amount when transfer occurs. *When linked to the Kasasa Saver account, the dividends earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account. Due to non-compounding, the actual dividend amount transferred from the Kasasa Cash account to the Kasasa Saver account may be less than the advertised Kasasa Cash APY*, if the advertised APY* is represented without a linked Kasasa Saver account. APY = Annual Percentage Yield.  APYs accurate as of 01/16/2015. Rates and rewards are variable and may change after account is opened.  Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, time frames, enrollments, log-ons and other requirements apply. A $5 minimum deposit is required to open the account. Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons may be required to meet some of the account¹s qualifications. Limit 1 account(s) per social security number. There are no recurring monthly service charges or fees to open or close this account. A Kasasa Cash account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Contact one of our Northwoods Credit Union service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Amazon is a registered trademark of Amazon.com. Amazon.com is not a participant in or sponsor of this program. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.