Sep, 30, 2025 — NORTHWEST FEDERAL CREDIT UNION is a federal credit union headquartered in HERNDON, VA with 11 branch locations and about $4.44 billion in total assets. Opened 79 years ago in 1947, NORTHWEST FEDERAL CREDIT UNION has about 274,970 members and employs 547 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHWEST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 200 Spring St HERNDON, VA 20170 |
| Phone: | (703) 709-8900 |
| Fax: | (703) 709-9484 |
| Website: | https://www.nwfcu.org |
| Branches: | 11 branch locations |
| Members: | 274,970 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5500 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $4,442,201,069 |
| CEO/Manager: | Jeff Bentley |
| Chairperson: | Gerrianne Burks |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 105,612,584 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 1,243,000 |
| Real Estate Loans | 1,062,889,871 |
| Unsecured Loans | 116,316,187 |
| Other Loans | 1,669,891,130 |
| TOTAL LOANS | 2,849,328,732 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,522,988 |
| Land And Building | 31,504,278 |
| Other Fixed Assets | 16,104,306 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 28,172,621 |
| All Other Assets | 281,025 |
| TOTAL ASSETS | 4,442,201,069 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 421,000,000 |
| Accounts Payable & Other Liabilities | 75,894,104 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 783,580,792 |
| Regular shares | 709,214,171 |
| All Other Shares & Deposits | 2,013,588,302 |
| TOTAL SHARES & DEPOSITS | 3,506,383,265 |
| TOTAL LIABILITIES | 4,003,277,369 |
| Regular Reserve | 0 |
| Other Reserves | -60,328,065 |
| Undivided Earnings | 499,251,765 |
| TOTAL EQUITY | 438,923,700 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,442,201,069 |
| INCOME & EXPENSE | |
| Loan Income | 114,105,012 |
| Investment Income | 28,831,162 |
| Other Income | 4,675,717 |
| Total Employee Compensation & Benefits | 59,420,629 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 48,708,057 |
| Non-operating Income & (Expense) | 1,366,536 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,405,908 |
| Cost of Funds | 52,637,871 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,131,006 |
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