Credit union · NCUA insured
NW Preferred Federal Credit Union
A $190.3M credit union headquartered in Portland, OR, with 8,067 members and 2 branches in Oregon. Best rates: savings 0.05% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: carrot has not captured enough rates to score this yet. Auto loans: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all). Credit cards: no rates found on its website.
- Savings610.05%at $1,000Savings rates →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About NW Preferred Federal Credit Union
Founded on May 9, 1940, NW Preferred Federal Credit Union was established to serve the agents and employees of Farmers Insurance Group in Portland, Oregon.
In 2003, the credit union was awarded the nation's first Trade, Industry, Profession (TIP) charter, expanding nationwide in 2016 to serve the licensed insurance industry.
- Headquarters
- 8950 SW Burnham St, Portland, OR 97223
- NCUA charter
- 3853
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone who lives, works, or worships in the greater North Santiam communities of Stayton, Aumsville, Sublimity, Scio, Lyons, Gates, Mill City, Detroit, Idanha, and Mehama is eligible for membership.
Employers and groups
- Individuals working in the licensed insurance industry nationwide, including all territories and possessions of the United States, are eligible for membership.
Branches
2 branches in Oregon
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Oregon
2 branches
Portland area · 1
- TigardMain office8950 SW Burnham St, Portland, OR 97223Directions
Salem area · 1
- Stayton393 E Florence St, Stayton, OR 97383Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 14.61% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.91% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.19% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $93 | $76 | — |
- CapitalNet worth ratio14.61%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.91%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.19%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$93Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of NW Preferred Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.