In This Issue
Northwoods Retirement & Investment Services with Ed Grondahl
Edward Grondahl
Ed simplifies IRA's in this article.  Learn about the different options available to you and what that means.
DEBIT CARD USERS:

Debit Cards that have no activity for 6 months or more will be closed to protect from any possible fraud.
eStatements are free, safe, easy and convenient!

Sign up today!
1. Login to your Online Banking
2. Click the eStatement link in the green menu bar
3.Enroll
4. Next time statements go out, you'll get an email letting you know your statement is available within Online Banking
Stay SAFE Online!

NEVER give out your online banking member ID and password.  If you realize someone may have gotten this information, please call us immediately to reset your password and to check your account.
Scam Alert

There is an active scam going on in our community where a recognizable business or person shows in your caller ID. In reality the scammers can make it look like ANYONE is calling.  NEVER give secure information over the phone without being 100% certain you know who is on the line.  We recommend when you receive a call like this to let them know you will call back. Hang up. Look up the phone number in a trusted resource: the business website, a past receipt or the phone book and then call them back.  If you realize you may have given sensitive account information out, please call us immediately.
October 1, 2018 Issue 89
A printed version of this newsletter will be available in our lobby.
Introducing Our New CEO

Our new CEO, Doug Wolf, started on September 10th.  Doug will work side by side with current CEO, Barb Brown, until her retirement at the end of this year.
Doug stated that, "Northwoods Credit Union is an outstanding local institution that shares my focus and passion for its members and the communities it serves. Under the leadership of the current CEO, Barb Brown, the credit union is in a good place and has that focus on the community that I was looking for. I look forward to continuing this focus and the tradition of outstanding member service. I am excited for the opportunity to lead Northwoods Credit Union, and to become a part of the community."
FREE SEMINAR
FREE Community Seminar
Staying Safe Online
provided by Northwoods Credit Union
Doors Open at 5:30, Presentations at 6:00pm
Fond du Lac Tribal & Community College, Room 195

Presentations by:
Derek Randall, Commander of Investigations & Admin with the Cloquet Police Department
David Vukelich, Adult Protection & Guardianship Supervision with St Louis County
Steve Buterin, Cyber Security Attorney at Heley, Duncan & Melander PLLP.

This event is FREE but you must 
RSVP prior to Thursday, October 4th via email at seminar@northwoodscu.org or by calling 218-878-3979 or message us here on Facebook with your name, phone and # of attendees.

Thank you to Convergint Technologies for providing refreshments.

Visit with vendors prior and after presentations for more information!

Barb Brown's Retirement Open House Celebration

Barb Brown, ou r CEO and President will be retiring at the end of this year.  Barb started at Northwoods 31 years ago and has served as our President for the past 15 years.  Please join us to celebrate during our Open House:

Thursday, December 6th 
1:00-4:00pm
at Northwoods Credit Union, 1702 Avenue B, Cloquet

Mobile App Update
Days to Remember
Monday, October 8th
We are closed in observance of Columbus Day.

Join us for our FREE Community Seminar,  Staying Safe Online!  More info to the left.

Thursday, October 18th

International Credit Union Day. Please join us for
refreshments at all offices to celebrate Credit Unions around the world!

Thursday, November 1st & Friday, November 2nd
Our Annual Bake Sale! Sample our employees best recipes! All proceeds go to the Children's Miracle Network!
SEE ARTICLE

Thursday, November 22nd
We are closed for Thanksgiving.

Friday, November 23rd
To allow our staff to spend the holiday weekend with friends and family, our Avenue B office will be closed.  All other offices will be open normal hours.

Thursday, December 20th
Join us for our Holiday Open House!  Refreshments will be available at all offices.

Monday, December 24th &
Tuesday, December 25th
We are closed for the  Christmas Holiday. 

Tuesday, January 1st 
We are closed for the New Year.
Click here for our


Click here for our

Annual Bake Sale

Teen Club
$12,000 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 2018-2019 school year, $12,000 in scholarships will be awarded to college students in traditional (high school seniors entering college) and non-traditional categories.
 
This is the Council's 21st year as a committee and in celebration, they are offering $12,000 in scholarships!  Two (2) $2,000 and eight (8) $1,000 scholarships to credit union members throughout Minnesota.

Visit  https://www.mncun.org/mpage/FSCscholarships to complete and submit your application!
 
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.
 
Questions
Contact Northwoods Credit Union Marketing Manager Kate Mason at kate@northwoodscu.org. 


Teen Club Financial Education Sessions

Our Teen Club Members (age 13-17) are invited to join us at our upcoming financial ed sessions!  Classes will last 45 minutes to an hour and every Teen Club member in attendance will earn a Gift Card!
Classes may be canceled if there is little interest.

Our 1st Session will cover:
WHY we teach financial education
How this Teen Club Works!
Let's brainstorm some topics for future sessions!

Please choose one of the following sessions:
  • Tuesday, October 23rd @ 4pm - 1702 Ave B, Cloquet MN
  • Tuesday, November 13th @ 4pm - 90 Arrowhead Lane, Moose Lake MN
  • Tuesday, December 11th @ 4pm - 224 W Highway 2, Floodwood MN
Pizza & pop will be served at each session.

Please be sure to reserve your spot by contacting Meggan at megganr@northwoodscu.org or 218-878-3954.
Teen Club Financial Article Contest

Northwoods Credit Union members age 13-17 are invited to submit an article on a financial topic to be considered for publication in our quarterly newsletter, website and on Facebook.  We will then award 1 teen, $100 for their submission.*  Submit your article or ask any questions now atmarketing@northwoodscu.org.

Who?
Open to Northwoods Credit Union members ages 13-17

What?
Article must be your original work, not copied from another source and must be authored soldely by the teen.
Must be 250-500 words in length.
Must explore a financial topic suitable for publication in quarterly newsletter, website and our Facebook page.
If applicable, must cite sources used.

*Requirements:
A parent or guardian's contact info must be provided. We will contact this adult.
Permission must be provided to us to make changes or edits prior to publication.
By submitting an article for consideration, both the parent/guardian and then teen are providing permission for NCU to publish the article in print and electronic publications.
NCU will request a photo of the teen if their article is chosen for publication. By accepting the prize, both the parent or guardian and the teen are giving permission to NCU to use the teen's name and photograph in connection to the published article.
 



This quarter's winning submission is by Bosten McLeod and talks about how he's planning ahead financially.
Hello my name is Bosten McLeod and I'm going to be a freshman in high school here in Cloquet. I'm 14 years old and  I'm going to be getting a job so I can get job experience for future jobs. My parents suggested to split my earnings put half in the bank and half to spend for what I want now. I run cross country so it will be difficult to run, be in school, and have a job but I do not think it will be impossible. If I win the 100 dollars I will take half and save it and half will probably go to a new pair of headphones or a speaker for my phone. I'm currently saving up to buy a car when I turn sixteen.
 
My parents suggest I get a loan from Northwoods credit union for my car loan so I can start building credit early when I need to buy bigger things like a house I already have good credit early in life. I don't really know how credit works so it's nice to have people to rely on for help with knowing more. Both my parents own houses and my dad owns two houses so I have reliable people to help me. My main goal for money though is to be very good at saving money for the future and not spending it all on useless stuff and to be able to purchase a car when I'm a bit older and being knowledgeable with credit and keeping a good credit score.



ValleyFair Deals for Northwoods Credit Union Members
Around Town
Moose Lake School Open House_ August
Floodwood Office Open House_ August
Marilyn Anderson_ winner of the Floodwood Open House Drawing
Mugs _ Hugs Event_ September
Feed My Starving Children_ September
Moose Lake Chamber Golf Tournament_ August
Floodwood Catfish Days Parade_ July
  
Carlton County Fair drawing winner

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