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650 W Main St
John Day, OR 97845

Old West Federal Credit Union is headquartered in John Day and is the 24th largest credit union in the state of Oregon. It is also the 1,333rd largest credit union in the nation. It was established in 1957 and as of March of 2014, it had grown to 51 employees and 9,843 members. Old West Federal Credit Union's savings rates are 94% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Today we serve 8 eastern Oregon counties. Our charter covers Grant, Baker, Union, Wallowa, Umatilla, Morrow, Wheeler and Harney counties. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Old West Federal Credit Union had $5.54 million in non-current loans and owned real-estate with $12.43 million in equity and loan loss allowances on hand to cover it. This gives Old West Federal Credit Union a Texas Ratio of 44.55% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Old West Federal Credit Union decreased dramatically from 101.57% as of March 31, 2013 to 44.55% as of March 31, 2014, resulting in a positive change of 56.14%.This indicates that the balance sheet and financial strength for Old West Federal Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Old West Federal Credit Union has increased its total deposits by $1.66 million, resulting in 1.54% 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 Old West Federal Credit Union has shown is above average.



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. Old West Federal Credit Union has $122.09 million in assets with $12.43 million in equity, resulting in a capitalization level of 10.18%, which is above average.

Institution Statistics

NCUA #12012
Year Chartered1957
Primary Regulator
Assets and Liabilities
Assets$122.09 million
Loans$68.14 million
Deposits$109.29 million
Equity Capital$11.64 million
Loan Loss Allowance$790,000
Unbacked Noncurrent Loans$3.70 million
Real Estate Owned$1.83 million
Historic Data - March 2013
Assets$121.26 million
Equity Capital$12.82 million
Loan Loss Allowance$1.27 million
Unbacked Noncurrent Loans$3.70 million
Real Estate Owned$4.64 million
Profit Margin - Quarterly
Net Interest Margin1.52%
Return on Assets0.62%
Return on Equity6.53%
Interest Income$1.14 million

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Old West Federal Credit Union Savings Account Rates

1.01%--Traditional IRA
1.01%--Roth IRA
1.01%--Coverdell Educational Savings
1.01%--SEP IRA
0.15%--Christmas Club Savings
0.05%--Personal Savings with Life Insurance
0.05%--Personal Savings with No Life Insurance

Old West Federal Credit Union Money Market Rates

0.05%--Money Market Account

Old West Federal Credit Union Checking Account Rates

2.01%-$15kGrow Green Checking - Qualifying
0.05%--Grow Green Checking - Non Qualifying

Old West Federal Credit Union CD Rates

1.06%$50k-60 Month CD
0.20%$10k-30 Month CD
0.10%$100-18 Month CD
0.05%$1k-91 Day CD
0.05%$500-182 Day CD
0.05%$500-12 Month CD

Old West Federal Credit Union IRA Rates

1.06%$50k-60 Month IRA
0.20%$10k-30 Month IRA
0.10%$100-18 Month IRA
0.05%$1k-91 Day IRA
0.05%$500-182 Day IRA
0.05%$500-12 Month IRA

Old West Federal Credit Union Locations
Branch Office1739 N 1st StHermiston, OR 97838
Branch Office2036 Broadway StBaker City, OR 97814-3342
Branch Office650 W Main StJohn Day, OR 97845
Branch Office800 SW Dorion AvePendleton, OR 97801-1934