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Quarterly Newsletter for July 1, 2019
Dates to Remember

Thursday, July 4th We are closed in observance of Independence Day
                                Join us at the Moose Lake 4th of July Parade at 10am
Sunday, July 14th Join us at the Floodwood Catfish Days Parade at noon
Sunday, July 28th  We hope to see you at the Carlton Daze Parade
Thursday-Saturday, August 15-18th We'll be at the Carlton County Fair
Monday, September 2nd We are closed in observance of Labor Day

Looking for low monthly payments on your next vehicle but want to  avoid the drawbacks of leasing? Try Wise Choice Auto Financing!

The Wise Choice Auto Financing program  is the answer for you! Like a lease, Wise Choice Auto Financing  offers monthly payments which are  considerably lower than conventional financing with  no money down! Yet unlike leasing, with Wise Choice Auto Financing  you own the vehicle.   With Wise Choice Auto Financing, current-year and preowned  vehicles up to five-years-old qualify. All  eligible vehicles can be financed up to 72 months.

Discover the advantages of Wise Choice Auto Financing for yourself!
  • No first or last payment or money due at signing
  • Vehicle upgrade potential
  • Vehicle ownership
  • 40% lower monthly payments than traditional auto loans
  • No capitalization fees
  • No application or acquisition fees
  • No early payoff penalty
  • Mileage options of 12,000, 15,000 or 18,000 per year available.
  • Since the title is in YOUR name you have more options prior to loan maturity and at loan maturity; including the ability to turn your vehicle in and walk away at the end of the loan term.
To find out more about Wise Choice Auto Financing:
Call 218-879-4181
Stop by Northwoods Credit Union today

Construction Complete
Floodwood office interior remodel was celebrated on May 29th
We recently renovated the interior of our Floodwood office. On May 29th we hosted a Community Appreciation Luncheon with free lunch (catered by Rich Cuisine), live radio remote with WKLK, loan & CD specials, a special offer for Floodwood graduating seniors & fun giveaways! The weather was beautiful and the turnout was high. If you weren't able to attend the event, we invite you to stop in anytime for a tour. Updates include a new workstation for member privacy as well as an upgraded employee breakroom with a kitchen sink, which the office didn't have in the past. There is also new carpet, paint, furniture and more. You'll notice some things stayed the same, like the beloved lobby couches.

Doug Wolf, NCU President, sees this remodel as an investment in the Floodwood staff and community. "Northwoods Credit Union is proud to be a part of this great community. In the time I've been with Northwoods I've seen incredible community support from our Floodwood members and the community as a whole. This remodel creates an improved work environment for the staff and will enable us to serve our members even better."

Thank you to all the contractors who made this construction project a success, especially Northern Business Products and our general contractor Boldt Constuction.

Apply Online 24/7!

Whether you're car shopping on the weekend or looking to get preapproved one evening, visit our online loan application.  Fill out your application and submit.  The next business day one of our loan officers will look over your application and contact you.

Fraud Alert!

NEVER give your Online Banking log in info to anyone.
If you notice any suspicious activity on your Online Banking, email us at or contact our Member Service team at 218-879-4181 for assistance.
Debit Card Users,

Debit Cards that have no activity for 6 months or more will be closed to protect from any possible fraud.  Please call us at 218-879-4181 if you have any questions.
Snap to it with Mobile Deposit Capture

Mobile Deposit capture gives you the convenience to make deposits day or night, from virtually any location, giving users faster access to funds and the ability to quickly deposit funds.  With our Mobile Deposit you will be able to: 
  • Receive one-click access to Mobile Deposit within your app with no additional downloads or installs.
  • Simply deposit checks with just a few taps and camera clicks.
  • Safeguard information with the same security as online banking.
Mobile Deposit provides the convenience users have come to expect.  Mobile Deposit is accessed through your Northwoods Credit Union mobile banking app and avaialable for download through the App Store and Google Play.  Please note, all checks deposited via mobile deposit will need to be endorsed with a signature and "NCU Mobile Deposit."  If either is missing, your check will be rejected. Please see our website for deposit times your check will be credited to your account  here.

Edward Grondahl
Northwoods Retirement & Investment Services with Ed Grondahl

Please click for Ed's Monthly Economic Update

Edward Grondahl
Financial Services Representative
Located at: Northwoods Credit Union, Cloquet MN
Telephone 218-878-3922

Are you taking advantage of all the benefits that come with your Northwoods Credit Union Visa Credit Card?

The Northwoods Credit Union Visa Credit Card offers some great rates, no annual fees and local service, but did you know it also comes along with  FREE Cell Phone Protection,  Roadside Dispatch Program AND  Travel Accident Insurance?  Your card is already carrying these benefits!  Click below for more information to be sure you're covered on your next purchase!


If you have any questions on how any of the above products work, please call us at 218-879-4181 or email us at  Please don't include any personal information in your email.
Teen Financial Education

Once a quarter, we'll be holding financial education classes at one of our offices or at a local school to discuss different topics from the NEFE High School Financial Planning Program. We'll cover basic money management topics such as financial services, budgeting, borrowing, and identity protection.
Many young people today are finding themselves in serious financial problems very early and finding themselves in a debt cycle that will be hard to reverse. In the meantime, important life goals are not being saved for. The saddest part of this that it could all have been avoided with some simple and sound money management skills.
If you have a plan for spending, live on less than you bring in, save for things, have an emergency fund, understand credit, and link your financial plan to your life plan, you'll be well on the way toward financial security.
Upcoming Classes :
  • Tuesday, August 20th  from 4pm - 4:45pm at 90 Arrowhead Lane, Moose Lake
  • Thursday, August 22nd from 4pm - 4:45pm at 1702 Ave B, Cloquet
*There must be a minimum of 4 participants, or classes will be canceled*
Topic of discussion for this class :

Any updates on classes can be found on our website: under Accounts > Teen Club or on our Facebook page under Events.

Address Updates

The Post Office will not forward your statements so please be sure to update your address with us each time you move.  If you'd rather make things simple, you can sign up for E-Statements and have your statement in your email box on the first business day, each month!  For more information about our E-Statements, please click  here.

Sign Up for E-Statements
  1. Go to our home page at
  2. Log in to Online Banking at the top right of the page
  3. Click on E-Statements in the green bar across the top of the page
  4. Register
To View your E-Statements each month,
  1. You will get an email notifying you that your statement is available. This email does not have any confidential information contained in it
  2. Log in to Online Banking
  3. Click on E-Statements in the green bar across the top of the page
  4. Click to view your E-Statement
Northwoods Credit Union | 219-879-4181 | |