Sep, 30, 2025 — NORDSTROM FEDERAL CREDIT UNION is a federal credit union headquartered in EVERETT, WA with 1 branch location and about $57.33 million in total assets. Opened 90 years ago in 1936, NORDSTROM FEDERAL CREDIT UNION has about 5,187 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORDSTROM FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2701 Hoyt Ave EVERETT, WA 98201 |
| Phone: | (206) 774-2900 |
| Fax: | (206) 774-2929 |
| Website: | https://www.nordcu.org |
| Branches: | 1 branch locations |
| Members: | 5,187 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1788 |
|---|---|
| Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $57,327,482 |
| CEO/Manager: | Shelli D Millhuff |
| Chairperson: | Matthew Crego |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,601,275 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,818,033 |
| Unsecured Loans | 2,522,198 |
| Other Loans | 22,515,211 |
| TOTAL LOANS | 29,855,442 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -133,639 |
| Land And Building | 1,141,832 |
| Other Fixed Assets | 19,202 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 444,788 |
| All Other Assets | 0 |
| TOTAL ASSETS | 57,327,482 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 90,682 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 874,389 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,374,754 |
| Regular shares | 26,525,298 |
| All Other Shares & Deposits | 11,343,047 |
| TOTAL SHARES & DEPOSITS | 51,243,100 |
| TOTAL LIABILITIES | 52,208,171 |
| Regular Reserve | 0 |
| Other Reserves | 1,486,915 |
| Undivided Earnings | 3,632,396 |
| TOTAL EQUITY | 5,119,311 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 57,327,482 |
| INCOME & EXPENSE | |
| Loan Income | 1,274,730 |
| Investment Income | 419,046 |
| Other Income | 160,375 |
| Total Employee Compensation & Benefits | 644,510 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 784,673 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 357,081 |
| Cost of Funds | 364,463 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -111,948 |
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