About
Northwoods Credit Union offers all the same products and services as the largest financial institutions but with our dedication to our community. Our offerings are not very different but our respect for our friends and neighbors—the people who make up our credit union—is all the difference in the world.
Credit Unions are not for profit cooperatives owned by our members. We are in existence to serve our members, not a group of stockholders. Every one of our members has an equal vote in credit union elections, which are typically held at our Annual Meeting. Because we don’t have to pay a group of stockholders, we are able to pay our members a higher rate of return on their savings and charge less in interest and fees on loans and other financial products.
Northwoods Credit Union started back in 1936 in a small trailer on paper mill property. There were 5 paper mill employees with a vision of offering fairly priced products and excellent member service to their hard working, blue collar coworkers. Over the years we’ve changed names and locations but we still focus on providing exceptional member service and fairly priced products to our members. Our vision is to build life-long relationships, one member at a time.