January 2018, Issue 86
Northwoods Credit Union Newsletter
www.northwoodscu.org
In This Issue
Annual Meeting Notice
Article Headline
Tax eStatements
Northwoods Retirement & Investing Services with Ed Grondahl
Click here to read more about the bear vs bull market
Join Our Mailing List
Debit Card Users:
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Debit cards that have no activity for 6 months or more will be closed to protect from any possible fraud.
Snowbirds!
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Please remember to change your address when you get back to Minnesota. Enjoy the warmth!
Credit Union Rates

We are looking forward to an exciting 2018 and thank all of you for our continued support!
81st Annual Meeting
Monday, March 12th at the Cloquet Senior High Cafeteria

5:15 Wills, Trusts & Estates Seminar
Provided by Ed Grondahl, Northwoods Retirement and Investing Services. Seminar will be approximately 45 minutes. Please RSVP to Kate at [email protected] or 218-878-3944.

6:30 Annual Meeting
Refreshments will be served. All members in attendance will receive a gift as well as a chance to win one of our many prize drawings.
  
Board & Supervisory Committee Elections 
The Committee nominated the following to serve on the Board of Directors for terms expiring:
   Incumbents include; Deb Larson & Dean Forsythe - 3 year terms.
We are seeking candidates for one open position on the Supervisory Committee.  If you're interested in applying, please complete our application here.

If you are interested in learning more about becoming a Board Member or a member of the Supervisory Committee, please contact our Board Chair, Deb Larson at [email protected]. The application is available on our website at www.northwoodscu.org; search Board.

If you are interested in running for a Board or Supervisory position at our next Annual Meeting, we would greatly appreciate if you could have your application in prior to February 12, 2018.
Important Dates
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Monday, January 1st
    Closed in observance of the New Year's holiday

  Monday, January 15th  
    Closed in observance of Martin Luther King Jr Day

Tuesday, January 23rd
    NCU employees working concessions at the girls CEC Varsity Hockey Game vs Proctor/Hermantown at the Northwoods Credit Union Arena. 
 
Saturday, February 10th
    NCU employees working concessions at the boys CEC Varsity Hockey Game vs Proctor at the Northwoods Credit Union Arena. 

Monday, February 19th
    Closed in observance of President's Day
 
  Monday, March 12th 
    81st Annual Meeting   

Here's what we were up to over the holidays!

This is our favorite time of year to volunteer! You may have seen some of our smiley faces during an evening the week of December 4th at Super One ringing the Salvation Army bell!  

There are so many great organizations to support in our area! We would like to thank all of the folks who work hard all year long to make these programs available to our community!

This was our first year sponsoring the Cloquet 10b Holiday Hustle - the worlds only 10 block fun run!  We had a great time and can't wait to do it again next year!  The Holiday Hustle was right before the Home for the Holidays Parade along main street.  We turned the CU van in to Rudolph and threw candy and light-up balls.  
  
Need some help with your Holiday Debt?

Contact one of our Loan Officers today!

8:30am - 5:00pm in person or by phone at 218-879-4181.

24/7 Online here.

Promotion runs 1/1/2018-1/31/2018. See a Northwoods Credit Union (NCU) office for full official rules. Void where prohibited.  Samsung does not promote or endorse this promotion. NCU has the right to change or revoke this promotion at any time.  Only one entry per person.  Void where prohibited. A Miscellaneous Form  1099 documentation will be issued as required by law. Membership Eligibility Required. Federally Insured by NCUA.   
  
Moose Lake Progress

Progress on our new Moose Lake office is moving along!  We're still looking to open late winter/early spring.  Follow our Facebook page for construction updates!

Mid-December we had our first tour of the facility for t he Moose Lake High School Carpentry Class! The class has an assignment to construct a scaled model of a residential building and met with Boldt today to help understand framing, roofing systems, drywall and insulation.

       
Tax Statements

Those members signed up for eStatements will also receive their year end tax statement from us via email. If you have any questions, please don't hesitate to contact us.
Deposit your checks....through your phone!!
Mobile Deposit
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Are you often too busy to make it to the credit union during business hours? With our free mobile banking and mobile deposit services you can take care of your important tasks anywhere you go, as well as deposit a check with your mobile phone or tablet.  
      • Download our App
      • Login using your online banking credentials
      • Tap the 3 lines in the top left corner and then select Check Deposit
      • Follow the prompts and your check will be deposited within 2 business days
Please note that checks are not immediately available within your account.  Please check times below or the most updated information at  https://www.northwoodscu.org/services/mobile-banking-mobile-deposit.html


Monday - Friday:
If you submit a check prior to 11:00am, your deposit will go in your account at approximately 12:30pm the same day.

If you submit your check between 11:00am and 3:00pm, your deposit will go in your account at approximately 4:30pm the same day.

**Friday afternoon: Any check submitted after 3:00pm on a Friday, will be deposited in your account on the following Monday at approximately 12:30pm UNLESS that Monday is a Federal Reserve Holiday. If that Monday is a Federal Reserve Holiday, your check will be deposited at approximately 12:30pm that Tuesday.

Please feel free to call us with any questions at 218-879-4181.

 
Protect your credit and avoid identity theft

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These resources can hep you monitor your credit and avoid identity theft.


Opt Out 888-567-8688



Click here for more information
Scholarship Opportunities

In a partnership with the MNFIC, Northwoods Credit Union is pleased to offer a scholarship program exclusively to credit union members to help further their pursuit of education.

For the 2018-2019 school year, $20,000 in scholarships will be awarded to college students in traditional (high school seniors entering college) and non-traditional categories.

This is the Council's 20th year as a committee and in celebration, they are offering $20,000 in scholarships!



Cloquet Community Scholarship Fund Donation Request
   
The Cloquet Community Scholarship Fund is looking for your generosity to help provide deserving students with scholarship money to follow their dreams and attend college. Community Scholarship Committee dates to 1968 and entering its 50th year and has awarded approximately $554,710 in scholarships to deserving Cloquet High School graduates. In 2016-2017 approximately $20,310 was awarded to 31 CHS students.  Scholarships range from $200.00 to $2,500.00 and are granted to students based on class rank, academic performance, overall school and community participation, financial need, college or vocational potential, pre-college test scores, and individual interviews with the Community Scholarship Selection Committee.

If you'd like to donate, please send your contribution by Friday, February 23, 2018 to either:

Cloquet Community Scholarship
PO Box 425
Cloquet, MN 55720

Or you can also donate at any Northwoods Credit Union office.


Please contact Kate Mason at Northwoods Credit Union for additional information on both scholarship programs at 218-878-3944 or [email protected].