Sep, 30, 2025 — NORTHWEST PLUS CREDIT UNION is a federally insured state chartered credit union headquartered in EVERETT, WA with 6 branch locations and about $313.12 million in total assets. Opened 87 years ago in 1939, NORTHWEST PLUS CREDIT UNION has about 15,654 members and employs 52 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 PLUS CREDIT UNION |
|---|---|
| Address: (Main Office) | 2821 Hewitt Ave EVERETT, WA 98201 |
| Phone: | (425) 297-1000 |
| Fax: | (425) 297-1071 |
| Website: | https://www.nwpluscu.com |
| Branches: | 6 branch locations |
| Members: | 15,654 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67262 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $313,116,333 |
| CEO/Manager: | Torrie Ramos |
| Chairperson: | Gary Heilman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 38,234,111 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 105,391,889 |
| Unsecured Loans | 5,607,731 |
| Other Loans | 73,621,536 |
| TOTAL LOANS | 184,621,159 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,750,854 |
| Land And Building | 4,932,839 |
| Other Fixed Assets | 630,709 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,300,114 |
| All Other Assets | 428,261 |
| TOTAL ASSETS | 313,116,333 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 4,000,000 |
| Accounts Payable & Other Liabilities | 1,612,437 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 70,291,740 |
| Regular shares | 126,730,045 |
| All Other Shares & Deposits | 73,127,459 |
| TOTAL SHARES & DEPOSITS | 270,149,244 |
| TOTAL LIABILITIES | 275,761,681 |
| Regular Reserve | 0 |
| Other Reserves | -1,827,192 |
| Undivided Earnings | 39,181,844 |
| TOTAL EQUITY | 37,354,652 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 313,116,333 |
| INCOME & EXPENSE | |
| Loan Income | 7,163,792 |
| Investment Income | 2,550,115 |
| Other Income | 534,603 |
| Total Employee Compensation & Benefits | 3,405,226 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,791,476 |
| Non-operating Income & (Expense) | 110,731 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,278,000 |
| Cost of Funds | 2,055,992 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,350,642 |
| ↑ Back to Top | |