Credit Union Safety Analysis
Is Northwoods Credit Union Safe? Cloquet, Minnesota
Based on its Q2 2026 NCUA 5300 call report, Northwoods Credit Union has a net worth ratio of 9.93%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.49%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, Northwoods Credit Union's net worth ratio is 9.93%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 9.93%
- Delinquency ratio (60+ days) (Q2 2026): 0.49%
- Return on assets (Q2 2026): 1.73%
- Loan-to-share ratio (Q2 2026): 85.17%
Northwoods Credit Union (NCUA charter 62847, established 1936) reported $175.2M in assets and 11,740 members for Q2 2026 from Cloquet, Minnesota. It ranks 32 of 79 credit unions in Minnesota by total assets. Total assets fell 0.6% from $176.3M on June 30, 2025. It has 258 fewer members than on June 30, 2025 (-2.2%). Its net worth ratio was up 1.15 percentage points from 8.78% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $51.0M of $131.8M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.49% is below the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 1,341 credit unions with $100M to $1B in assets: 11.43%; middle half of peers: 9.81% to 13.58%.
Earlier filings: 9.35% for Q1 2026; 8.78% for Q2 2025.
Median of the 1,338 credit unions with $100M to $1B in assets: 0.68%; middle half of peers: 0.39% to 1.12%.
Earlier filings: 0.36% for Q1 2026; 0.49% for Q2 2025.
Median of the 1,338 credit unions with $100M to $1B in assets: 0.81%; middle half of peers: 0.43% to 1.23%.
Earlier filings: 0.95% for Q1 2026; 0.90% for Q2 2025.
Median of the 1,341 credit unions with $100M to $1B in assets: 75.66%; middle half of peers: 62.05% to 86.41%.
Earlier filings: 82.68% for Q1 2026; 84.44% for Q2 2025.
Loans by type, Q2 2026
- 1- to 4-family residential and other consumer real estate loans: $51.0M
- Used vehicle loans: $40.1M
- Other secured non-real estate loans and lines of credit: $14.9M
- Other unsecured loans and lines of credit: $11.9M
- New vehicle loans: $9.0M
- Unsecured credit card loans: $4.9M
- Non-federally guaranteed student loans: $917
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $175.2M | 9.93% | 0.49% | 1.73% | 85.17% |
| March 31, 2026 | $178.0M | 9.35% | 0.36% | 0.95% | 82.68% |
| December 31, 2025 | $174.0M | 9.32% | 0.55% | 0.39% | 87.77% |
| September 30, 2025 | $174.9M | 9.18% | 0.44% | 1.31% | 84.68% |
| June 30, 2025 | $176.3M | 8.78% | 0.49% | 0.90% | 84.44% |
| March 31, 2025 | $179.1M | 8.42% | 0.29% | 1.10% | 83.12% |
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How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
Northwoods Credit Union profile
Regulator records: NCUA credit union profile (charter 62847) · FFIEC NIC profile (RSSD 762791)
Frequently asked questions
Is Northwoods Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Northwoods Credit Union's net worth ratio is 9.93%, above the 7% NCUA threshold for well capitalized.
Is Northwoods Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Northwoods Credit Union is a federally insured credit union (NCUA charter 62847): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Northwoods Credit Union's key safety ratios?
For Q2 2026, Northwoods Credit Union reports net worth 9.93%, delinquency 0.49%, ROA 1.73%, loan-to-share 85.17%.
What happens to my money if Northwoods Credit Union fails?
For Q2 2026, Northwoods Credit Union held $154.7M in shares and deposits for 11,740 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.