In This Issue
Northwoods Investing & Insurance Services with Ed Grondahl
Edward Grondahl
Ed talks about the economy in this quarter's article. Click here to read Ed's article.

Steve's Computer Tip #117

Steve tells us about Digital Wallets in this edition. Click here for the full story.

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 Meggan by calling 218-878-3954 or email her at
July 1, 2015 Issue 72
A printed version of this newsletter will be available in our lobby.
NEW Mobile App!
Click above for more information about our Mobile Products.

Have you updated your NCU app yet?  It's available now in your app store!  Here's what else is new.....


   SMS Text Message Banking! Set it up in your online banking!  



   UPDATED Mobile Apps and NEW Tablet Apps for Android, Apple and Kindle! Available in your app store TODAY!


   Mobile Web Banking! Access your online banking account through your web browser - no app needed.  


   Remote Deposit Capture - Deposit your checks with your smart phone camera! 


IF YOU CURRENTLY USE any of our Mobile Apps, you will need to download our new app on or after July 1st!

We are excited to announce that we have added St Louis County to the list of who we serve!  If you live, work, worship, attend school or volunteer in Carlton, Pine or St Louis County you are eligible to become a Northwoods Credit Union member! We've had to turn people away in the past because they were not in our field of membership.  Now that we've extended our membership to include St Louis County, we hope to be able to serve more of your family and friends!  We hope that you continue to tell your family, friends and coworkers about us and our new membership eligibility. We take pride in providing personal service to you and your families and will continue to do so.

Days to Remember
Saturday, July 4th
We are closed but we will be in the Cloquet Parade!

Thursday-Sunday, August 13th-16th
Carlton County Fair Join us on Saturday for the Kasasa Cash Truck!!

Monday, Sept. 7th
We will be closed in observance of Labor Day
Click here for our

Click here for our

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!

Do You Kasasa?



Kasasa is the first and only collection of bank accounts that actually takes an interest in members by rewarding them for using their account with what interests them most-high interest, cash back, automatic savings or digital downloads from iTunes® or®. Kasasa is exclusively available at only America's finest community financial institutions, including Northwoods Credit Union.


To receive the Kasasa account benefits, account holders are asked to meet easy monthly qualifications, including receiving an e-statement, using a debit card 12 times per month, and log in to online banking at least once per month. If an account holder does not meet the qualifications in a given month, Northwoods Credit Union will alert the individual, who will be eligible the following month for the benefits.


"People love the service here at Northwoods Credit Union.  We have a well rounded loan product portfolio and Kasasa rounds out our deposit product portfolio.  Now, you can get that small town service with all the big bank products," said Northwoods Credit Union PresideDo YOU Kasasa?nt and CEO, Barb Brown.  "We're always researching new products and services for our members. We have added mobile banking apps, text message banking, tablet apps, remote deposit capture/mobile deposit, a rewards credit card and instant issue debit cards all in the past few years at our member's request!"


Northwoods Credit Union offers several Kasasa banking products that are all free, reward-based accounts featuring nationwide ATM fee refunds, no minimum balance to earn the rewards, no monthly service fee and [free] online banking. These include Kasasa Cash®, Kasasa Cash Back™, Kasasa Saver® and Kasasa Tunes®: Kasasa® - Copyright © BancVue® 6

            * Kasasa Cash® - A free checking account that rewards consumers with high interest in cash every monthly qualification cycle.

            * Kasasa Cash Back® - A free checking account that rewards consumers with major cash back on everyday debit card purchases.

            * Kasasa Saver® - A free, high interest saver account linked to a [Kasasa Cash checking account/Kasasa Cash Back checking account]. [The interest and ATM fee refunds earned in the Kasasa Cash account /The cash back and ATM fee refunds earned in the Kasasa Cash Back account] are automatically deposited into the Kasasa Saver account

when the account holders qualify. The balance in the Kasasa Saver account also earns a high rate of interest.

            * Kasasa Tunes® - A free checking account that rewards consumers with digital downloads from iTunes® [or Amazon®] and ATM fee refunds every month.


Kasasa is distributed to Northwoods Credit Unionfrom BancVue, the leading provider of innovative products, dynamic marketing, and data-driven consulting solutions to community financial institutions nationwide to help them win the war against the mega banks. For more information on Kasasa accounts, consumers can visit Northwoods Credit Union or


Do you Kasasa?

Kasasa® is the first national brand of the most innovative checking accounts available today. The accounts, offered exclusively by the finest community financial institutions, are designed to be the first and only accounts that actually take an interest in their account holders by rewarding them for using their account with what interests them most - high interest, cash back, automatic savings, money to donate to charity or digital downloads from iTunes® or®. Kasasa, developed and distributed by BancVue®, marries innovative banking products with the personal touch of community financial institutions. For more information, visit


Northwoods Credit Union, established in 1936, is a full-service financial institution with 2 locations in Cloquet. Known for its member service, financial strength and stability, Northwoods Credit Union also offers the sophisticated range of products and services found in large financial institutions including a comprehensive investment services division. The Northwoods Credit Union team strives every day to fulfill the credit union motto, "People helping People."


Click a link below for more information!  *Disclosures at the bottom of this email. 

Summer is finally here, let's get out and enjoy it!  Be sure to bring along diving-board-child.jpgyour Northwoods Credit Union Rewards Credit Card.  Earn points for your next vacation while enjoying this one!  Plus, you'll get a BONUS 5,000 points just for signing up for our card!  Some other card benefits:
      Our points NEVER expire
      Rewards include travel, cash back and MUCH more!
      Helpful, local service.
      EMV chip-enabled for added security!
      Travel Accident Insurance included
      Cell Phone Insurance included
      NO Cash Advance fee
      NO Balance Transfer fee
      Customize your card with your favorite picture!
      Track Rewards through your Online Banking or the CU Rewards App! 

Event Recaps
Youth Week, April 2015
Youth Week is always one of our favorite weeks of the year here at the Credit Union.  This year we had a jungle theme and each child that deposited got some great prizes!  They also earned EXTRA points for all those cool prizes on our prize shelf! Be sure to open a youth account for the kids, grandkids, nieces & nephews in your life so they can start learning how to save today!

Shred & Recycle Event
This year marked our 8th Annual Shred Event and our 2nd year recycling appliances and electronics.  We were able to shred over 7,500 pounds of paper for our member's and community and we took a large load of appliances and electronics.  We love being able to provide this service to our whole community!
We also collected food and money for the food shelf! Thank you to everyone for your donations!

Northwoods Credit Union | | |
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 one (1) business day prior to the first day of the current Statement Cycle through one (1) business day prior to the close 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% and balances over $15,000 earn 0.249% interest rate, resulting in a range from 0.050% - 2.25%. 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 0.050% to 0.50% APY depending on the account¹s balance. Kasasa Tunes:  you will earn up to an aggregate total of $5.00 (which includes any applicable taxes) in refunds for any iTunes, purchases.  In order to be refunded, iTunes, purchases must be made with your Northwoods Credit Union Kasasa Tunes debit card and must post and settle to your account no more than 30 days after the Monthly Qualification Cycle in which you qualified ends. 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, timeframes, enrollments, log-ons and other requirements apply. A $5 minimum deposit is required to open the account. Monthly ACH credit, enrollment in online banking, receipt of electronic statements may be a condition(s) of these accounts.  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.  iTunes is a registered trademark of Apple, Inc. Amazon is a registered trademark of Apple Inc. and are not participants in or sponsors of this program. Kasasa, Kasasa Cash, Kasasa Tunes, Kasasa Saver and Kasasa 360 are trademarks of BancVue, Ltd., registered in the U.S.A.