NCCU is a member-owned financial institution serving individuals who reside in or are employed in Ashland, Bayfield, Iron, Oneida, Price, Sawyer and Vilas Counties, WI. We are dedicated to providing financial security and outstanding service. We offer a complete range of services from savings accounts, to certificates of deposit, to checking accounts, as well as lending products to serve both your personal and business needs.

The credit union has been an essential part of our community since 1953, when it was founded by the employees of the Flambeau Paper Mill. Since then the Glidden Credit Union, the St. Croix Credit Union, the Couderay Credit Union, and the Ashland & Bayfield Co-op Association Credit Union have merged with us.

Northwoods Community Credit Union offers personalized, friendly service, and at the same time provides the professional touch required for your financial needs.

Membership and Account Agreement

Apply Online for Membership

Regulation D

What is Regulation D?

Regulation D is a Federal Reserve Requirement that requires all financial institutions – both banks and credit unions – to limit withdrawal transactions on Savings and Money Market accounts.

How might Regulation D affect you?

The following monthly transfer limitations apply to your Savings and Money Market accounts:

• You are allowed up to six withdrawals or transfers among Savings and Money Market accounts each month in any of the following combinations when payable to a third party or to another account owned by you. Up to three of these six transactions may be by check (if applicable).

Ø      Preauthorized automatic transfers

Ø      Telephone request

Ø      MIA transfers-audio response transfers

Ø      Online Banking transfers

Ø      Overdraft transfers from savings

Ø      Automated Clearing House (ACH)

Ø      Fax or email request

• You may make unlimited transfers to any of your accounts under the following circumstances:

Ø      In person

Ø      ATM

Ø      By mail

Ø      Shared Branch Services Centers

Ø      NCCU cashier check made payable to you and mailed to you if requested by phone, fax, Online Banking or email

Ø      Transfer to an NCCU loan

What happens if I exceed my transfer limitations?

Should you exceed these limitations, we will refuse/reverse a transfer and may assess fees.

Tips to avoid fees associated with Regulation D limitations.

Ø      Keep appropriate balances in your checking account to reduce the number of overdraft transfers from Savings account.

Ø      Make reoccurring payments like insurance and utility bills from your checking account instead of your Savings or Money Market account.

                  Please refer to your Membership and Account Agreement for a complete description of transfer limitations.