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Checking Accounts

Whether you're managing daily expenses or looking for rewards on everyday purchases, Northwoods Credit Union offers checking accounts designed to fit your lifestyle.

Basic Checking rates

Rates effective as of: September 10, 2026

Loyalty Choice Rewards Checking rates

Rates effective as of: September 10, 2026

Fees may reduce earnings. TIS Disclosures can be found here.

Loyalty Choice Rewards Checking qualification

Rates effective as of: September 10, 2026

Fees may reduce earnings. TIS Disclosures can be found here.

Loan & Credit

Whether you're covering an unexpected expense or financing a major purchase, Northwoods Credit Union offers loan options with competitive rates and local service you can trust.

Secured Loan rates

Rates effective as of: September 10, 2026

*APR = Annual Percentage Rate.
1 Up to 125% financing on new autos for qualified members and up to 125% financing of the NADA Clean retail value on used autos for qualified borrowers.
2 Rates are determined based on the creditworthiness of the applicant.
3 Terms are determined based on the creditworthiness of the applicant and by the loan amount.
4 Up to 125% financing on new for qualified members and up to 125% financing of the NADA Clean retail value on used for qualified borrowers.
5 Commercial Equipment Rates = 3% higher.

Unsecured Loan rates

Rates effective as of: September 10, 2026

*APR = Annual Percentage Rate.
2 Rates are determined based on the creditworthiness of the applicant.
3 Terms are determined based on the creditworthiness of the applicant and by the loan amount.

Personal Line of Credit rates

Rates effective as of: September 10, 2026

Rates are variable. $5 membership fee. *APR = Annual Percentage Rate.
*Not all with qualify for lowest rate.
Repayment terms of 3% of outstanding balance or $50, whichever is greater.

Savings Accounts

Whether you're building an emergency fund or planning for retirement, Northwoods Credit Union offers savings options to help you reach your goals.

Share rates

Rates effective as of: September 10, 2026

TIS Disclosures can be found here.

Share Certificate (CD) rates

Rates effective as of: September 10, 2026

Penalty for early withdrawal.
TIS Disclosures can be found here.

IRA Certificate rates

Rates effective as of: September 10, 2026

Penalty for early withdrawal. TIS Disclosures can be found here.

  • Early withdrawal penalty: We may impose a penalty if you withdraw any of the principal before the maturity date.

    Amount of penalty: For all accounts, the amount of the early withdrawal penalty for your accounts is 90 days dividends or 180 days dividends for each year remaining.

    How the penalty works: The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.

    Exceptions to early withdrawal penalties: At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:

    1. When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.
    2. Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment; or where the account is a Keogh Plan (Keogh) provided that the depositor forfeits an amount of at least equal to the simple dividends earned in the amount withdrawn; or where the account is an IRA or Keogh and the owner attains age 59 1/2 or becomes disabled.

    Renewal policy: The renewal policy for your accounts is indicated on the reverse side. For all accounts, your account will automatically renew for another term upon maturity. For all accounts, you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty.

    Nontransferable/nonnegotiable: Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner, except obligations with the Credit Union.

    The rates and fees appearing in the above schedule are accurate and effective for accounts as of the Effective Date indicated on this Rate and Fee Schedule. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union.

Credit Card rates

Rates effective as of: September 10, 2026

How to avoid paying interest on purchases: Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month.
Minimum interest charge: If you are charged interest, the charge will be no less than $1.00. The minimum interest charge will be charged on any dollar amount.
For credit card tips from the Consumer Financial Protection Bureau: To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau

* APR = Annual Percentage Rate
* Rates are determined based on the creditworthiness of the applicant.
* Terms are determined based on the creditworthiness of the applicant and by the loan amount.
1 Rates when you open your account, based on your creditworthiness.
2 This APR will vary with the market based on the Prime Rate. Rates effective 1/1/2026 and subject to change without notice.

Credit Card fees

Rates effective as of: September 10, 2026

*APR = Annual Percentage Rate
Rates based on creditworthiness. Rates range from APR to
Repayment terms of 3% of the outstanding balance or $50, whichever is greater.

Other card disclosures

Rates effective as of: September 10, 2026

*Effective date: The information about the costs of the card described in this application is accurate as of August 1, 2016. This information may have changed after that date. To find out what may have changed, contact the credit union.
*Prime rate as published by the Wall Street Journal on the first business day of March, June, September & December will be used to determine the rates for billing cycles closing on or after the first day of April, July, October & January, respectively. An increase in Prime will increase the variable Daily Periodic Rate (& corresponding annual percentage rate) & may increase the finance charge & the minimum monthly payment due on your account. At the date this web page went live, the information listed above was accurate. Because rates & terms are subject to change, you may contact us for the current information by writing to us. There is no grace period for cash advances. Revised 11/2015.

Frequently asked questions

Whether you're saving, borrowing, or planning ahead, these answers can help you better understand how rates work at Northwoods Credit Union.

  • Rates may change at any time.

  • Rates and terms are subject to change.

  • Yes. Rates may vary based on qualifications.

  • Current certificate rates are available online.

  • Factors may include creditworthiness and loan type.

  • Dividend rates may change periodically.

  • Review current rates and product disclosures.

Phone

Call us

Call us at 1-888-458-0975 to speak with an MSR.

Email

Email us

Send us a message at ncu@northwoodscu.org.

NOTE: Email is not a secure method of communication.

Visit us

Find a branch

Stop by our office for an in-person consultation.

Need assistance?

Talk with a Northwoods CU team member

Whether you have questions about rates or account services, we're ready to help.

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