NW Preferred Federal Credit Union
Overview / Commentary
NW Preferred Federal Credit Union is headquartered in Portland and is the 22nd largest credit union in the state of Oregon. It is also the 1,362nd largest credit union in the nation. It was established in 1940 and as of December of 2024, it had grown to 33 employees and 8,380 members at 2 locations. NW Preferred Federal Credit Union has an A health rating.
Field of Membership Restrictions
NW Preferred Federal Credit Union membership is open to the following: 1) anyone who works in or is retired from the licensed insurance industry within the US, DC, or a US Territory; 2) those who live, worship or work in the greater North Santiam community; 3) relatives of current credit union members.
See current membership details
Health
A
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3853 |
| Year Chartered | 1940 |
| Employees | 33 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 4.17% |
| Annual Interest Income | $11.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $174.8MM$169.5MM |
| Loans | Q4 2024vs Q4 2023 | $137.4MM$134MM |
| Deposits | Q4 2024vs Q4 2023 | $149.2MM$144.6MM |
| Equity Capital | Q4 2024vs Q4 2023 | $23.8MM$22.8MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $1.6MM$1.2MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $1.3MM$1.1MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |