Northwest Community Credit Union (OR) is headquartered in Eugene and is the 8th largest credit union in the state of Oregon. It is also the 269th largest credit union in the nation. It was established in 1949 and as of June of 2020, it had grown to 271 employees and 108,681 members at 19 locations. Northwest Community Credit Union (OR)'s money market rates are 14% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Northwest Community Credit Union is open to those who live or work in the following counties in Oregon: Coos, Clackamas, Crook, Douglas, Deschutes, Jackson, Josephine, Jefferson, Klamath, Linn, Lane, Marion, Washington, and Multnomah.
See current membership details
Northwest Community Credit Union
The place that I feel I can trust to keep my money safe, secure, always accessible, with multiple locations for convenience...is Northwest Community Credit union. The best part about a community credit union, is that they are all branched together - this means that you can deposit cash or a check at any community credit centers, regardless of its name. This truly makes credit unions the most time saving and convenient ways to save or spend your money. And the benefits don't stop there! Basic membership (a checking and savings account) cost a one time fee of just $5.00 - $5.00 buys you enough shares of the credit union for you to become part of the company - think of it as investing a small token of your power to preserve your future. Also included in the basic package, is the ability to write one cashier's check per day for FREE!
Unlike those greedy corporate banks, the credit unions don't just care for your money, they take care of you :)
Reliable credit union
I signed up with Northwest Credit Union right out of high school and have been a member ever since. I opened a checking and savings account. Even with all the various jobs I've had, I've never had any problems with direct deposit. One time I accidentally overdrew from my checking account. NWCU took the difference from my savings account and charged me a nominal fee. When traveling out of the country, I tell NWCU which countries I will be visiting on which days. I have never had any problems with foreign ATMS and the currency transaction fee is small. NWCU is part of the credit union co-op, so when I travel in the states, I look for the symbol at ATMS and I don't have to pay a fee.Recently I opened a super-saver savings account with a higher interest rate. It's nice to see the extra money I make each month just by having it in savings.
Closing Branches
NWCU has closed four branches in two years and stopped shared branching.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61716 |
| Year Chartered | 1949 |
| Employees | 271 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.88% |
| Return on Equity - YTD | 7.93% |
| Annual Interest Income | $24.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $1.36B$1.22B |
| Loans | Q2 2020vs Q2 2019 | $925.5MM$968.9MM |
| Deposits | Q2 2020vs Q2 2019 | $1.20B$1.07B |
| Equity Capital | Q2 2020vs Q2 2019 | $143.3MM$129.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $5.9MM$4.8MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $2.1MM$2.8MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $258.00K$0 |
