NORTHWOODS
State-Chartered • Cloquet, Minnesota • Est. 1936
Quick Facts
- Charter Number
- #62847
- Type
- State-Chartered
- Established
- 1936
- Headquarters
- Cloquet, Minnesota 55720
- Address
- 1702 Avenue B
- Branches
- 5
- ATMs
- 4
- Members
- 11,783
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Well-capitalized with a healthy net worth ratio and solid financial fundamentals. A reliable institution with good long-term stability.
Financial Overview
Total Assets
Members
11,783 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | NORTHWOODS |
|---|---|
| Total Assets | $174.0M |
| Members | 11,783 |
| Loans Outstanding | $136.9M |
| Shares & Deposits | $156.0M |
| Net Worth | $16.2M |
| Net Worth Ratio | 9.32% |
| Loan-to-Share Ratio | 87.8% |
| Delinquency Rate | 0.55% |
| Net Income | +$2,483,549 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
5 locations · 4 ATMs
1702 Avenue B
Main Office1702 Avenue B
Cloquet, MN 55720
902 Stanley Avenue
902 Stanley Ave
Cloquet, MN 55720
Moose Lake Branch
90 Arrowhead Ln
Moose Lake, MN 55767-9453
Floodwood Branch
224 Highway 2 W
Floodwood, MN 55736-4538
1201 Tall Pine Ln
1201 Tall Pine Ln
Cloquet, MN 55720
Who Can Join NORTHWOODS?
Membership Type: Community
Membership eligibility for NORTHWOODS may vary. Contact the credit union directly to confirm qualification requirements.
Contact NORTHWOODS directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Minnesota RankingsFrequently Asked Questions
Yes. NORTHWOODS is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, NORTHWOODS has 11,783 members and a potential membership field of 266,171 people.
NORTHWOODS's net worth ratio is 9.32% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 9.3%, NORTHWOODS meets this threshold.
NORTHWOODS operates 5 branch locations and has access to 4 ATMs. The main office is located at 1702 Avenue B, Cloquet, MN 55720.
NORTHWOODS was established in 1936. It is a state-chartered credit union chartered under charter number 62847. The institution has been serving members for 90 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or NORTHWOODS. All financial data is for informational purposes only.