Northwoods Credit Union

About Northwoods Credit Union

Northwoods Credit Union Location

Po Box 190
Cloquet, MN 55720

Phone: (218) 878-3938
Website: www.northwoodscu.org
Routing/Transit Number: Not Available

Northwoods Credit Union Information

Northwoods Credit Union of Cloquet, MN is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 5374 members and assets of $43,116,622, as compared to the national average of $93 million dollars of assets per credit union. Northwoods Credit Union, first opened in 1936 and has been in operation since then. Additionally, Northwoods Credit Union has 18 full time employees and 3 part time employees, or 255.904761905 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Northwoods Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Northwoods Credit Union is a not-for-profit, cooperative, tax-exempt organization.