January 1, 2022 Issue 102 |
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A printed version of this newsletter is available in our lobby and on our website at www.northwoodscu.org.
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Our 85th Annual Meeting will be held on Tuesday, May 17th of this year. Please watch for the April 1st, 2022 newsletter for more detailed event information.
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2022 Election for the Board of Directors
There are two (2), 3 – year terms on the Northwoods Credit Union Board of Directors up for election in 2022 and the process for being placed on the ballot has begun.
The two seats up for election are currently held by our Board of Directors Chairperson Jeff Kletscher and by Lisa Pollak-Follett. Our Bylaws provide that there are no nominations from the floor of the annual meeting if there is at least one nominee for each position up for election. If you wish to be placed into nomination, your name must be brought forward by the Nominating Committee.
The Nominating Committee is currently accepting applications for nomination through Friday, 2/4/2022 (the application form can be found on our website). The form will ask you for a statement of qualifications and biographical data.
You can submit your application by placing it in an envelope, addressing it to the Nominating Committee, then dropping it off at one of our branch offices, or mailing it to Nominating Committee, Northwoods Credit Union, 1702 Avenue B, Cloquet, MN 55720, or via email to NominatingCommittee@northwoodscu.org.
Should you miss the 2/4/2022 deadline for submitting your application for nomination to the Nominating Committee, you will have the option to be placed on the ballot by petition signed by at least 1% of the membership (the deadline for submission of a nominating petition is 4/7/2022). More information about the nomination by petition process will be provided to the membership in February 2022
Voting will take place at the Annual Meeting, if there are more candidates than seats open for election (winners are determined by the two candidates gaining the most votes, you do not run against a particular person).
The Bylaws also provide that the Supervisory Committee members are appointed by the Board of Directors and are not elected to the committee.
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Northwoods Retirement & Investing Services |
Ed Grondahl, Financial Advisor, shares some tips to figure out how much money you will need to retire comfortably.
*Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union, CBSI is under contract with the financial institution to make securities available to members. Not NCU/NCUSIF/FDIC insured. May lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America.
FR-3337401.1-1120-1222
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Holiday Spending Hurting Your Wallet (And Mood?)
You can survive the season without suffering a fiscal holiday hangover. By examining the reasons for overspending, planning how much you’ll spend, and identifying what's important to your family, you can rein in your spending and rediscover the joy of the holidays.
CLICK HERE to read some quick tips on our website!
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Sign Up for Texting Service |
Texting Service is available!
If you would like to opt-in to texting service with Northwoods Credit Union, please 'enroll' by texting 218-879-4181 or 1-888-458-0975. Please click the link below to view the Opt-In form for all details. Let us know at marketing@northwoodscu.org if you have any questions.
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Employees Make Hygiene Kits during All Staff Training Day!
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For CU Forward day as well as our All Staff Training Day, NCU Employees put together hygiene kits (150+ were made!). The kits, which included items such as shampoo, toothpaste, shaving cream, and other personal items, were handed out to local schools and foundations in need! Thank you to all those who helped! |
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Limited Time Offer!
Apply by phone at 1-888-458-0975
or online by clicking here.
Northwoods Credit Union has
the loans to make dreams happen.
*Minimum of $5,000 loan balance. All loans are subject to credit approval. This offer is only available to new Northwoods Credit Union (NCU) loans and can not be combined with any other special offer. This offer is only valid for loans applied for and disbursed between 1/1/2022 and 3/8/2022. Cash back amount can not exceed $500.00 per loan and is subject to all applicable taxes, which are the responsibility of the member who may receive a 1099-MISC form. 1% Cash back will be deposited to the member's savings account at the time of loan disbursement. This offer does not apply to home loans, Wise Choice loans, credit cards, line of credit loans, single pay notes, student loans. NCU reserves the right to end or change this promotion at any time and without notice. Membership Eligibility Required. Federally Insured by NCUA.
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JANUARY
Monday, January 17th
We are closed in observance of Martin Luther King Jr Day.
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FEBRUARY
Monday, February 21st
We are closed in observance of President's Day.
MARCH
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Quarterly Teen Club Financial Article Contest
Members aged 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 at marketing@northwoodscu.org.
Have a teen in your life? Let them know about this contest!
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SIGN UP FOR
eStatements:
eStatements are free, safe & easy!
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.
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Tis' The Season For Fraud
Unfortunately, this time of year tends to bring more fraud. Please be sure you are checking your account statements each month to verify all transactions are yours.
If you see potential fraud, please notify us as soon as possible. There is a limited time to dispute a transaction so the sooner you can notify us, the better!
Please check your statements each month as we will not be able to dispute fraudulent charges after too much time has passed.
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AVOID IDENTITY THEFT
These resources can help you monitor your credit & avoid identity theft.
Opt Out 1-888-567-8688
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BEWARE FREE TRIALS
Be cautious when ordering free items online or doing a free trial.
Be sure to read the fine print to see if they will begin charging you after your free trial runs out or if there are hidden costs to your free item.
They do not always give refunds after the charge has cleared.
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NCU GIVES BACK
Throughout 2021, NCU supported communities by donating to local organizations and charities. NCU also participated in many community events and benefits. NCU plans to continue giving back in 2022 and beyond. Happy Holidays to all of these wonderful organizations, people, and companies!
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To better serve our Moose Lake community, we are increasing our lending staff at this office. We’re excited to announce that we’re expanding our lending team in Moose Lake to include two loan officers and one loan support specialist.
Amber will continue to lead the team, while welcoming Alexis as a new loan officer and Mckayla as our new loan support person, both starting on January 18th.
“I’m excited to be a part of the NCU lending team in Moose Lake. I can’t wait to get out and get to know and volunteer in our Moose Lake community!" Says Alexis.
We appreciate the community support of NCU and enjoy serving all of you. Through community support, we’ve been able to grow this office and expand our staff.
“Moose Lake and the surrounding area is such a great place to be a part of. We truly enjoy the community, helping the local schools, hospital, and others as well as participating in community events,” Doug said.
Stop in after January 18th and say hello to your local NCU Lending Team!
Pictured Top to Bottom: Amber; Loan Officer, Alexis; Loan Officer & McKayla; Loan Support Specialist.
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1702 Avenue B
Cloquet, MN 55720
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Federally Insured by NCUA. Membership Eligibility Required. |
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