Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
P.O. Box 369
Park Falls, WI 54552

Northwoods Community Credit Union is headquartered in PARK FALLS and is the 52nd largest credit union in the state of Wisconsin. It is also the 1,764th largest credit union in the nation. It was established in 1953 and as of December of 2013, it had grown to 29 employees and 7,839 members. Northwoods Community Credit Union's savings rates are 44% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

Must live or work in Ashland, Bayfield, Douglas, Forest, Iron, Langlade, Lincoln, Oneida, Price, Rusk, Sawyer, Taylor, Vilas, and Washburn. - See Details

Related Posts

No reviews have been left for this bank yet. Be the first to review.


Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Northwoods Community Credit Union has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Northwoods Community Credit Union had $3.37 million in non-current loans and owned real-estate with $8.99 million in equity and loan loss allowances on hand to cover it. This gives Northwoods Community Credit Union a Texas Ratio of 37.53% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Northwoods Community Credit Union increased slightly from 13.80% as of December 31, 2012 to 37.53% as of December 31, 2013, resulting in a negative change of 171.97%. This indicates that the balance sheet and financial strength for Northwoods Community Credit Union has declined slightly in recent periods.

Deposit Growth


In the past year, Northwoods Community Credit Union has increased its total deposits by $745,000, resulting in 1.09% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Northwoods Community Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Northwoods Community Credit Union has $77.64 million in assets with $8.99 million in equity, resulting in a capitalization level of 11.58%, which is excellent.

Institution Statistics

NCUA #67240
Year Chartered1953
Primary Regulator
Assets and Liabilities
Assets$77.64 million
Loans$42.29 million
Deposits$69.15 million
Equity Capital$8.23 million
Loan Loss Allowance$756,000
Unbacked Noncurrent Loans$2.06 million
Real Estate Owned$1.31 million
Historic Data - December 2012
Assets$77.70 million
Equity Capital$9.02 million
Loan Loss Allowance$318,000
Unbacked Noncurrent Loans$2.06 million
Real Estate Owned$161,000
Profit Margin - Quarterly
Net Interest Margin5.28%
Return on Assets-0.91%
Return on Equity-8.6%
Interest Income$2.58 million
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Northwoods Community Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Northwoods Community Credit Union Savings Account Rates

0.75%$100k-Premier IRA Club Savings
0.75%$100k-Premier Roth IRA Club Savings
0.75%$100k-Premier CESA Club Savings
0.50%--Christmas Club
0.50%--IRA Club Savings
0.50%--Roth IRA Club Savings
0.50%--CESA Club Savings
0.35%$10k-Premier Share Savings
0.25%$100-Share Savings (21 and over)
0.25%--Share Savings (Under 21)
0.25%$100-Open Club (21 and over)
0.25%--Open Club (Under 21)
0.25%$100-Tax & Insurance Club
0.25%--Kangaroo Kids Club
0.25%--Teen Cents Club

Northwoods Community Credit Union Checking Account Rates

0.35%$5k-Premier Checking (Share Draft)
0.30%$2,500-Preferred Plus Checking (Share Draft)
0.25%$1k-Preferred Checking (Share Draft)

Northwoods Community Credit Union CD Rates

1.10%$100-Teen Cent$ and Kangaroo Kids Club Share Certificate Special
0.75%$50k-24 Month Share Certificate with Premier Account
0.75%$50k-36 Month Share Certificate with Premier Account
0.70%$50k-18 Month Share Certificate with Premier Account
0.65%$50k-12 Month Share Certificate with Premier Account
0.60%$50k-6 Month Share Certificate with Premier Account
0.55%$50k-24 Month Share Certificate
0.55%$50k-36 Month Share Certificate
0.50%$50k-18 Month Share Certificate
0.45%$50k-12 Month Share Certificate
0.40%$50k-6 Month Share Certificate

Northwoods Community Credit Union Locations
Branch OfficeInside Copps 256 S Lake AvePhillips, WI 54555-1320
Branch Office121 Main St WAshland, WI 54806-1637
Branch Office1224 4th Ave SPark Falls, WI 54552-1923