Nw Preferred Credit Union

PO Box 231269
Tigard, OR 972811269
www.mycreditunion.com

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Nw Preferred Credit Union is headquartered in Tigard and is the 27^th largest credit union in the state of Oregon. It is also the 1,338^th largest credit union in the nation. It was established in 1940 and as of December of 2011, it had grown to 32 employees and 8,572 members. Nw Preferred Credit Union's savings rates are 92% higher than the national average, and it has a 3-star health rating.

5.75% 35-Month / 5.65% 18-Month CD at an Oregon CU (NW Preferred) - 3/12/2007

NW Preferred Credit Union is offering Flexible Term CDs with a yield of 5.75% and 5.65% APY. The 5.75% APY certificate has terms from 35 to 48 months and the 5.65% APY certificate has terms from 18 to 35 months. The minimum deposit is $500. These are...

5.65% 24-Month / 5.50% 11-Month CD at an Oregon CU (NW Preferred) - 2/23/2007

NW Preferred Credit Union is offering a special 5.65% APY IRA certificate with terms from 12 to 24 months. The minimum deposit is $500. Also available are regular certificates with a yield of 5.50% APY. Terms from 6 to 11 months can be chosen. The...

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See Rates for: Checking | Savings | CD | IRA

Nw Preferred Credit Union Checking Account Rates

Apy	Min	Max	Product
0.15%	$25k	-	Preferred Checking Account
0.10%	$25k	-	Better Business Checking Account
0.02%	$500	-	Better Than Free Checking Account

Nw Preferred Credit Union Savings Account Rates

Apy	Min	Max	Product
3.00%	-	$1k	Health Savings Account
0.75%	-	-	Holiday Account
0.75%	-	-	Vacation Club Account
0.75%	-	-	Property Tax Account
0.25%	$5k	-	IRA Share Account
0.25%	$5k	-	Roth IRA Share Account
0.25%	$50k	-	Savings
0.25%	-	-	Coverdell ESA Share Account
0.25%	$5k	-	SEP IRA Share Account
0.05%	-	-	Regular Share Account
0.05%	-	-	Youth Account
0.05%	-	-	Tax Account

Nw Preferred Credit Union CD Rates

Apy	Min	Max	Product
2.10%	$100	-	84 Month Smart Growth CD
2.05%	$100	-	60 Month Smart Growth CD
1.75%	$500	-	72 Month CD
1.70%	$100	-	36 Month Smart Growth CD
1.50%	$500	-	60-71 Month CD
1.10%	$500	-	48-59 Month CD
0.90%	$500	-	36-47 Month CD
0.65%	$500	-	24-35 Month CD
0.35%	$500	-	12-17 Month CD
0.35%	$500	-	18-23 Month CD
0.25%	$500	-	6-11 Month CD

Nw Preferred Credit Union IRA Rates

Apy	Min	Max	Product
1.75%	$500	-	72 Month IRA
1.75%	$500	-	72 Month Roth IRA
1.75%	$500	-	72 Month Coverdell ESA
1.75%	$500	-	72 Month SEP IRA
1.50%	$500	-	60-71 Month IRA
1.50%	$500	-	60-71 Month Roth IRA
1.50%	$500	-	60-71 Month Coverdell ESA
1.50%	$500	-	60-71 Month SEP IRA
1.10%	$500	-	48-59 Month IRA
1.10%	$500	-	48-59 Month Roth IRA
1.10%	$500	-	48-59 Month Coverdell ESA
1.10%	$500	-	48-59 Month SEP IRA
0.90%	$500	-	36-47 Month IRA
0.90%	$500	-	36-47 Month Roth IRA
0.90%	$500	-	36-47 Month Coverdell ESA
0.90%	$500	-	36-47 Month SEP IRA
0.65%	$500	-	24-35 Month IRA
0.65%	$500	-	24-35 Month Roth IRA
0.65%	$500	-	24-35 Month Coverdell ESA
0.65%	$500	-	24-35 Month SEP IRA
0.35%	$500	-	12-17 Month IRA
0.35%	$500	-	18-23 Month IRA
0.35%	$500	-	12-17 Month Roth IRA
0.35%	$500	-	18-23 Month Roth IRA
0.35%	$500	-	12-17 Month Coverdell ESA
0.35%	$500	-	18-23 Month Coverdell ESA
0.35%	$500	-	12-17 Month SEP IRA
0.35%	$500	-	18-23 Month SEP IRA
0.25%	$500	-	6-11 Month IRA
0.25%	$500	-	6-11 Month Roth IRA
0.25%	$500	-	6-11 Month Coverdell ESA
0.25%	$500	-	6-11 Month SEP IRA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

NW PREFERRED
NCUA #	3853
BankRate Report	View
Year Chartered	1940
Employees	32
Primary Regulator
Assets and Liabilities
Assets	$110.33 million
Loans	$86.68 million
Deposits	$100.81 million
Equity Capital	$8.71 million
Loan Loss Allowance	$926,000
Unbacked Noncurrent Loans	$3.45 million
Historic Data - December 2010
Assets	$108.57 million
Equity Capital	$8.35 million
Loan Loss Allowance	$769,000
Unbacked Noncurrent Loans	$1.65 million
Real Estate Owned	$290,000
Profit Margin - Quarterly
Net Interest Margin	5.6%
Return on Assets	0.32%
Return on Equity	4.09%
Interest Income	$6.08 million
Non-Interest Income	$911,000

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Nw Preferred Credit Union had $3.45 million in non-current loans and owned real-estate with $9.64 million in equity and loan loss allowances on hand to cover it. This gives Nw Preferred Credit Union a Texas Ratio of 35.80% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Nw Preferred Credit Union increased slightly from 21.25% as of December 31, 2010 to 35.80% as of December 31, 2011, resulting in a negative change of 68.45%. This indicates that the balance sheet and financial strength for Nw Preferred Credit Union has declined slightly in recent periods.
Deposit Growth
In the past year, Nw Preferred Credit Union has increased its total deposits by $1.12 million, resulting in 1.12% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Nw Preferred Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Nw Preferred Credit Union has $110.33 million in assets with $9.64 million in equity, resulting in a capitalization level of 8.73%, which is average.