Credit Unions Near Me
National Credit Union Service Organization

NW PREFERRED FEDERAL CREDIT UNION

Dec, 31, 2020 — NW PREFERRED FEDERAL CREDIT UNION is a federal credit union headquartered in TIGARD, OR with 2 branch locations and about $170.44 million in total assets. Opened 81 years ago in 1940, NW PREFERRED FEDERAL CREDIT UNION has about 9,020 members and employs 33 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 323076575
Name:NW PREFERRED FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 231269
TIGARD, OR 97281-1269
Phone:(503) 620-6248
Fax:(503) 620-2494
Website:http://nwpreferredfcu.com
Branches:2 branch locations
Members:9,020
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, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$170,436,183
CEO/Manager:Stephen Canfield
Chairperson:James Burgett

Call Report

  • Commercial Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 44,447,713
TOTAL INVESTMENTS 3,474,417
Loans Held for Sale 0
 
 Real Estate Loans 31,346,214
 Unsecured Loans 14,510,951
 Other Loans 72,246,320
 TOTAL LOANS 118,103,485
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,185,265
 Land And Building 2,235,632
 Other Fixed Assets 367,455
 NCUSIF Deposit 1,366,156
 All Other Assets 1,626,590
  TOTAL ASSETS 170,436,183
LIABILITIES & CAPITAL:  
 Dividends Payable 193,463
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,009,132
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 32,781,095
 Regular shares 2,974,597
 All Other Shares & Deposits 116,861,695
  TOTAL SHARES & DEPOSITS 152,617,387
  TOTAL LIABILITIES 153,819,982
 Regular Reserve 1,937,284
 Other Reserves 0
 Undivided Earnings 14,678,917
  TOTAL EQUITY 16,616,201
  TOTAL LIABILITIES, SHARES, & EQUITY 170,436,183
INCOME & EXPENSE  
 Loan Income 6,783,582
 Investment Income 152,035
 Other Income 1,078,135
 Total Employee Compensation & Benefits 2,804,518
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,277,344
 Non-operating Income & (Expense) -8,165
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 667,500
 Cost of Funds 1,090,239
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,165,986
↑ Back to Top

Other Credit Unions

RADIO CAB CREDIT UNION
1613 NW KEARNEY ST
PORTLAND, OR 97209-2312
MACHINISTS - BOILERMAKERS FEDERAL CREDIT UNION
25 Cornell Ave
GLADSTONE, OR 97027
PORTLAND LOCAL NO 8 FEDERAL CREDIT UNION
2435 NW Front Ave Ste A
PORTLAND, OR 97209-1824
UNITED TRADES FEDERAL CREDIT UNION
PO BOX 2293
TUALATIN, OR 97062
CUTTING EDGE FEDERAL CREDIT UNION
PO BOX 22192
MILWAUKIE, OR 97269
USAGENCIES CREDIT UNION
95 SW TAYLOR ST
PORTLAND, OR 97204
LEGACY FEDERAL CREDIT UNION
2148 NW Overton St
PORTLAND, OR 97210-2925
PROVIDENCE FEDERAL CREDIT UNION
6400 SE LAKE RD STE 125
MILWAUKIE, OR 97222-2243
OREGONIANS CREDIT UNION
6915 SE Lake Rd
MILWAUKIE, OR 97267
TRAILHEAD FEDERAL CREDIT UNION
PO BOX 2788
PORTLAND, OR 97208-2788