Share Savings
With a $100.00 balance, the credit union offers competitive rates with that dividends are paid monthly.
Premier Share Savings
The Premier Account Relationship requires our members to maintain one core product - “The Premier Checking” which must maintain a minimum average daily balance of $5,000 per month to reap the benefit of higher earnings potential for a variety of products such as their savings account. Premier Checking & Savings are limited to personal accounts only – no business or corporate accounts qualify.
Christmas Club
Why wait? Start saving now for those special Christmas gifts. NCCU has competitive rates and funds are available on October 1st. Penalty for early withdrawal. You can start putting money into your Christmas Club by using payroll deduction.
Kangaroo Kids Club
Looking to get that little saver started early? Join NCCU's Kangaroo Kids Club! For ages 0-12, the Kangaroo Kids Club offers a special certificate rate and other benefits! 
Teen Cents
Ready for your teenager to start having their own account? There's NCCU's Teen Cent$ account! Designed for ages 13+, the Teen Cent$ account helps teenagers (with the help of their parents) learn to manage their money!
Certificates
With a variety of terms and competitive tiered interest rates, Northwoods Community Credit Union has Share Certificates to complement all of your savings needs. Come into one of our offices and visit a Member Service Representative, or call us and we can help you decide which investment will work for you.
IRAs
IRAs are an excellent way to save for the future. Northwoods Community Credit Union has the three types of IRAs, all of which offer the ease and convenience of a simple savings account that earns a competitive interest rate. The IRA savings accounts dividends are compounded and paid monthly. Choose from the following options:
- Premier & Traditional IRAs - Premier & Traditional IRAs offer tax-deferred earning, and the possibility for tax-deductible contributions. All earnings in the Premier & Traditional IRAs are not taxed until they are withdrawn. The main attraction of Premier & Traditional IRAs is the ability to defer taxes on the earnings, and to withdraw in a year when you may be in a lower tax bracket.
- Premier & Traditional Roth IRAs - Regular contributions to the Premier & Roth IRAs can be withdrawn tax-free and penalty-free at any time. After your Roth has been open for five tax years, earnings can be withdrawn tax-free and penalty-free for any of these reasons: age 59 1/2, disability, death, or a first-time home purchase (lifetime limit is $10,000.00 per person).
- Premier & Traditional Coverdell Education Savings Accounts (ESA) - Formerly known as the Education IRA, the Coverdell Education Savings accounts sole purpose is to help you pay for your child's education expenses such as: tuition, fees, books, supplies, computer equipment and technology required for elementary, secondary, and post-secondary education. Contributions are not-tax-deductible, but there is potential for tax-free withdrawals including earnings. The funds in the Coverdell ESA can also be transferred from one child's account to an account for another child in the family.
