Sep, 30, 2025 — NW PREFERRED FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 2 branch locations and about $181.52 million in total assets. Opened 86 years ago in 1940, NW PREFERRED FEDERAL CREDIT UNION has about 8,268 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NW PREFERRED FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 8950 SW Burnham St PORTLAND, OR 97223 |
| Phone: | (503) 620-6248 |
| Fax: | (503) 620-2494 |
| Website: | https://www.nwpreferredfcu.com |
| Branches: | 2 branch locations |
| Members: | 8,268 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3853 |
|---|---|
| Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $181,522,611 |
| CEO/Manager: | Stephen Canfield |
| Chairperson: | James Burgett |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,830,607 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 38,246,199 |
| Unsecured Loans | 12,436,527 |
| Other Loans | 90,154,517 |
| TOTAL LOANS | 140,837,244 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,789,956 |
| Land And Building | 2,050,744 |
| Other Fixed Assets | 299,258 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,404,065 |
| All Other Assets | 478,647 |
| TOTAL ASSETS | 181,522,611 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 482,663 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,260,433 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 25,983,178 |
| Regular shares | 2,282,005 |
| All Other Shares & Deposits | 126,218,190 |
| TOTAL SHARES & DEPOSITS | 154,483,374 |
| TOTAL LIABILITIES | 156,244,203 |
| Regular Reserve | 0 |
| Other Reserves | 1,937,284 |
| Undivided Earnings | 23,341,124 |
| TOTAL EQUITY | 25,278,408 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 181,522,611 |
| INCOME & EXPENSE | |
| Loan Income | 7,558,803 |
| Investment Income | 1,140,358 |
| Other Income | 351,796 |
| Total Employee Compensation & Benefits | 2,568,940 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,059,179 |
| Non-operating Income & (Expense) | 380 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 720,000 |
| Cost of Funds | 2,593,028 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,518,310 |
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