State credit union · Cloquet, Minnesota · NCUA charter #62847
NORTHWOODS
Health score 88/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 88
- Health / 100
- $174.0M
- Total assets
- 11,783
- Members
- 9.3%
- Net-worth ratio
NORTHWOODS scores 88/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $174.0M; members 11,783; net-worth ratio 9.35%; health rank #1,516 of 4,374; healthier than 65th of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#1,516 of 4,374 health · 2025Q4NORTHWOODS · health 88/100 · $174.0M · 2025Q4
- NCUSIF 88/100
- CAMELS 9.3%
- HEALTH 0.55%
- NW 0.70%
- DELQ $174.0M
- ROA 11,783
- ASSETS #1,516/4,374
- MEM MAC
- RANK 62847
Call Report peers
NORTHWOODS in the assets neighbourhood
NORTHWOODS's $174.0M assets sit next to MAC ($173.9M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
NORTHWOODS vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
88 Top 35% higher than 65% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
NORTHWOODS - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #62847: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Where NORTHWOODS diverges from peer averages
- Loan-to-Share Ratio leads the peer set - 87.77% here, 72.20% peer average (+15.57 pp).
- Net Worth Ratio trails the peer set - 9.35% here, 12.11% peer average (-2.76 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
NORTHWOODS in Minnesota
- Minnesota health ordinal: #42 of 82.
- Minnesota assets place: #32 of 82.
- Member book place in Minnesota: #32 of 82.
In-state ordinals use the live credit_unions table for MN only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
NORTHWOODS: 2025Q4 → 2026Q1
NORTHWOODS: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +2.3% from $174.0M (2025Q4) to $178.0M (2026Q1).
- Net-worth ratio shifted +0.03 pp (9.32% → 9.35%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
At 9.35%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
How the 88/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 88.
- Net Worth Ratio 28.4 pts
- Delinquency Rate 24.5 pts
- Return on Assets 15.0 pts
- Member Growth 5.4 pts
- Loan-to-Share Ratio 14.7 pts
NORTHWOODS vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.35% | -2.76 pp |
| Delinquency Rate | 0.55% | -0.34 pp |
| Return on Assets | 0.70% | +0.08 pp |
| Member Growth | -2.00% | - |
| Loan-to-Share Ratio | 87.77% | +15.57 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
NORTHWOODS quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $178.0M | - |
| 2025Q4 | $174.0M | 11,783 |
| 2024Q4 | $175.9M | 12,024 |
| 2023Q4 | $172.7M | 11,711 |
Credit Union Details
- Charter Number
- 62847
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- Minnesota
- City
- Cloquet
- Data Quarter
- 2025Q4
Branch Locations (5)
NORTHWOODS operates 5 offices across 3 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| 1702 Avenue B (Main Office) | Cloquet, MN |
| 902 Stanley Avenue | Cloquet, MN |
| 1201 Tall Pine Ln | Cloquet, MN |
| Floodwood Branch | Floodwood, MN |
| Moose Lake Branch | Moose Lake, MN |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Minnesota
More federally-insured credit unions based in Minnesota, ordered by peer group match and asset size.
NORTHWOODS nationwide neighbourhoods
NORTHWOODS's nationwide photo peers by assets and by health score, excluding Minnesota charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($174.0M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (88/100 here).
Using this data
- NORTHWOODS ranks #1,516 of 4,374 nationally on financial health and #42 of 82 in MN -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- HEARTLAND is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with HEARTLAND
- Rates and health both vary by institution, not just by state -- see how Minnesota credit unions compare overall before assuming this one is typical. Minnesota state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is NORTHWOODS financially healthy?
NORTHWOODS has a financial health score of 88/100 (Excellent) based on NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #1,516 of 4,374; by total assets it ranks #1,379 of 4,374 nationally (same basis as /rankings/largest); and #32 of 82 within Minnesota. Scores above 80 indicate excellent financial health; scores below 50 may warrant closer monitoring. Key factors include net worth ratio of 9.35% and delinquency rate of 0.55%.
How does NORTHWOODS compare to other credit unions?
88/100 is NORTHWOODS's score on PlainCU's health composite, compared to a peer group average for $100M–$500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 15%.
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join NORTHWOODS?
Membership eligibility for NORTHWOODS depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact NORTHWOODS directly for current membership requirements and application steps.
Is my money safe at NORTHWOODS?
Federal credit unions like NORTHWOODS are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. NORTHWOODS's net worth ratio of 9.35% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does NORTHWOODS offer compared to banks?
Credit unions like NORTHWOODS are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact NORTHWOODS directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.