Credit union · NCUA insured
Northwoods Credit Union CD Rates
Top CarrotNorthwoods Credit Union’s best CD rate is 2.22% APY on a 5-year share certificate (CD). Terms run from 6 months to 5 years. Rates checked October 16, 2026.
How Northwoods Credit Union’s CD rates compare
Compared with banks and credit unions near Duluth, MN-WI, where Northwoods Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Northwoods Credit Union
2.02%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $1,051
Share Certificate
Top rate
Woodlands National Bank
4.87%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $2,684
2nd-highest rate
Affinity Plus
4.50%APY
- Term
- 60 months
- Minimum
- $500
- Earns on $10,000
- $2,462
Northwoods Credit Union CD score
62
CD score
Higher than 7% of U.S. banks and credit unions
- 3–8 months3–8 mo1.26%
- 9–15 months9–15 mo1.51%
- 16–30 months16–30 mo1.66%
- 31–60 months31–60 mo2.02%
- QualifiedQualified2.02%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Northwoods Credit Union ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Share Certificate
Up to 2.02%APY · 6 terms
Membership eligibility required. Early withdrawal penalty applies (90 days dividends for 6- and 12-month terms, 180 days dividends for 24- to 60-month terms).
| Term | APY · $1,000 – $10,000 | APY · $10,000 – $25,000 | APY · $25,000 – $50,000 | APY · $50,000 – $100,000 | APY · $100,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|---|---|
| 6 monthsEarly withdrawal penalty of 90 days dividends | 1.26% | 1.26% | 1.26% | 1.36% | 1.46% | 1.26%1.26% $1k–$10k1.26% $25k–$50k1.36% $50k–$100k1.46% from $100k | $63 |
| 12 monthsEarly withdrawal penalty of 90 days dividends | 1.51% | 1.51% | 1.51% | 1.61% | 1.71% | 1.51%1.51% $1k–$10k1.51% $25k–$50k1.61% $50k–$100k1.71% from $100k | $151 |
| 24 monthsEarly withdrawal penalty of 180 days dividends | 1.66% | 1.66% | 1.66% | 1.76% | 1.87% | 1.66%1.66% $1k–$10k1.66% $25k–$50k1.76% $50k–$100k1.87% from $100k | $335 |
| 36 monthsEarly withdrawal penalty of 180 days dividends | 1.76% | 1.76% | 1.76% | 1.87% | 1.97% | 1.76%1.76% $1k–$10k1.76% $25k–$50k1.87% $50k–$100k1.97% from $100k | $539 |
| 48 monthsEarly withdrawal penalty of 180 days dividends | 1.87% | 1.87% | 1.87% | 1.97% | 2.02% | 1.87%1.87% $1k–$10k1.87% $25k–$50k1.97% $50k–$100k2.02% from $100k | $768 |
| 60 monthsEarly withdrawal penalty of 180 days dividends | 2.02% | 2.02% | 2.02% | 2.12% | 2.22% | 2.02%2.02% $1k–$10k2.02% $25k–$50k2.12% $50k–$100k2.22% from $100k | $1,051 |
Sources (1)
- northwoodscu.org/accounts/share-certificates · captured Oct 5, 2026
Special-purpose accounts
IRA Certificate
Up to 1.76%APY · 2 terms
Available as Traditional IRA Certificate or Roth IRA Certificate. $1,000 minimum balance required. Automatically renews at maturity with a 10-day grace period to withdraw funds without penalty. Early withdrawal penalty applies (180 days dividends).
| Term | APY · $1,000 – $10,000 | APY · $10,000 – $25,000 | APY · $25,000 – $50,000 | APY · $50,000 – $100,000 | APY · $100,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|---|---|
| 24 monthsAvailable for Traditional IRA and Roth IRA. Early withdrawal penalty of 180 days dividends | 1.66% | 1.66% | 1.66% | 1.76% | 1.87% | 1.66%1.66% $1k–$10k1.66% $25k–$50k1.76% $50k–$100k1.87% from $100k | $335 |
| 36 monthsAvailable for Traditional IRA and Roth IRA. Early withdrawal penalty of 180 days dividends | 1.76% | 1.76% | 1.76% | 1.87% | 1.97% | 1.76%1.76% $1k–$10k1.76% $25k–$50k1.87% $50k–$100k1.97% from $100k | $539 |
Who can join Northwoods Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, attend school, volunteer, or worship in Carlton, Pine, St. Louis, Douglas, Burnett, Aitkin, Kanabec, or Itasca County are eligible to join.
Employers and groups
- Employees of listed select employer groups (Casino Pizza & Sub Shop, Potlatch, Cloquet Terminal Railroad, Cloquet Transit/LCS Coaches, Community Printing, Inter-Faith Care Center, RAM Mutual Insurance Company, Ray Riihiluoma, Inc., Re/Max of Cloquet, Sappi North America, Upper Lakes Foods, WKLK Radio Station) and members of VFW of Carlton are eligible to join.
Military, government and schools
- Employees of Carlton County, Carlton School District, City of Carlton/Carlton Fire Department, City of Wrenshall/Wrenshall Fire Department, or Esko School District are eligible to join.
Family and household
- Immediate family (including spouses, children, parents, siblings, and other qualifying relatives) and household members of current Northwoods Credit Union members are eligible for membership.
Membership information collected October 4, 2026.