Freedom Northwest Credit Union is headquartered in Kamiah and is the 11th largest credit union in the state of Idaho. It is also the 1,115th largest credit union in the nation. It was established in 1963 and as of September of 2019, it had grown to 44 employees and 8,458 members at 2 locations. Freedom Northwest Credit Union's CD rates are 3X the national average, and it has an A health rating.
It Doesn't Get Any Better !!
Was attracted to their 3.2% 5-year CD offering. Called to see if I was eligible to be a member and what it would take to become a member an open an account with them.
With their help, I was able to become a member, wire them the funds, and get my CD opened all in the same day - something I've never been able to accomplish in the past !!
Highly recommended for that reason.
Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 65722 |
| Year Chartered | 1963 |
| Employees | 44 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.95% |
| Return on Equity - YTD | 21.58% |
| Annual Interest Income | $7.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $186.3MM$147.1MM |
| Loans | Q3 2019vs Q3 2018 | $157.1MM$123.7MM |
| Deposits | Q3 2019vs Q3 2018 | $134.1MM$114.7MM |
| Equity Capital | Q3 2019vs Q3 2018 | $16.2MM$12.8MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $425.00K$428.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $731.00K$1.1MM |
| Real Estate Owned | Q3 2019vs Q3 2018 | $251.00K$135.00K |