Nw Preferred Portland OR Credit Union | Best Auto Loans & Business Banking

Introduction

At Nw Preferred, we believe in more than just banking; we believe in building lasting relationships with our members. Established in 1940, our credit union has been a trusted partner for the community of Portland, OR. Located at 8950 Sw Burnham St, we proudly serve over 8,493 members, providing them with personalized financial services tailored to their needs. Our commitment to our members is reflected in our robust financial health. With total assets of $173,499,769 and total deposits amounting to $18,553,757, we ensure that your hard-earned money is secure with us. We also offer an impressive range of loans currently totaling 4,554 to help you achieve your dreams, whether it's buying a new car or starting a business. While members can visit us at 8950 Sw Burnham St, official correspondence should be sent to our mailing address: PO Box 231269, Tigard, OR 97281-1269. Our dedicated team of 34 employees, led by CEO Stephen Canfield and Board President James Burgett, works tirelessly to provide exceptional service and support. We invite you to explore what Nw Preferred has to offer. From personal banking options like checking and savings accounts to various loan products and online services, there's something for everyone. If you have any questions or would like to learn more about how we can assist you, don't hesitate to call us at 503-620-6248. Join us today and experience the difference of being part of a credit union that truly cares about its members! For more information, visit our website at Nw Preferred.

Branch History & Mission

Commitment to Innovation and Accessibility

In a world that continues to evolve, we are proud to embrace digital advancements that enhance the member experience. Our services include online banking, mobile payments, and e-statements, making it easier than ever for you to manage your finances on your terms. We also ensure ADA compliance so that everyone can access our services with ease. For those who prefer face-to-face interaction, we offer shared service center options and have staff available during operating hours from 8:30 AM to 5:30 PM on weekdays. While we currently do not offer drive-thru banking, our ATM availability ensures that you can access your funds whenever you need them.

Join Us

As we look towards the future, we invite you to be part of the Nw Preferred family. Experience the benefits of being a member-driven credit union that truly cares about your financial journey. Together, let's build a stronger community. For more information or to become a member, please call us at (503) 620-6248 or visit our website at https://nwpreferredfcu.com/ . We can't wait to welcome you!

Our Mission

At the heart of Nw Preferred is a mission that goes beyond just numbers and transactions. We aim to empower our members by offering personalized financial solutions tailored to their unique needs. Whether it's helping you secure an auto loan or guiding you through mortgage refinancing, our dedicated team is here to support you every step of the way. We believe that financial success is not just about accumulating wealth; it's also about building strong relationships within the community. Our outreach efforts and partnerships with local organizations reflect this belief, as we strive to enhance the quality of life for everyone in Portland.

Branch Location & Accessibility

Welcome to Nw Preferred! Conveniently located at 8950 Sw Burnham St Portland Or 97223 in the vibrant city of Portland, Oregon, our branch is here to serve you with a friendly smile and a commitment to your financial needs. Situated near popular local spots, you can easily drop by after visiting nearby attractions or while running errands. While members can visit us at 8950 Sw Burnham St Portland Or 97223, official correspondence should be sent to PO Box 231269, Tigard, OR 97281-1269. We understand how important accessibility is, which is why our branch features ADA-compliant facilities, making it easy for everyone to access our services. Ample parking is available right outside, so you won't have to worry about finding a spot. Our lobby hours are designed with your convenience in mind. We're open Monday through Friday from 8:30 AM to 5:30 PM, ensuring that you can fit banking into your busy schedule. Whether you're stopping by for personal banking services like checking and savings accounts or looking for assistance with auto loans and mortgages, our dedicated team is ready to help. If you need cash on the go, you'll be pleased to know we offer ATM services right at our location. Although we don't have drive-thru banking, our staff is always available inside to provide personalized service. Plus, if you're a member of a partner credit union, take advantage of shared services for basic transactions like deposits and withdrawals. We invite you to come visit us at Nw Preferred today! If you have any questions before your visit, feel free to give us a call at (503) 620-6248. Your financial journey starts here!

Member Eligibility

Becoming a member of Nw Preferred is like joining a close-knit community that values your financial well-being. Here at our branch located at 8950 Sw Burnham St Portland Or 97223, we believe in making membership accessible to everyone. If you live, work, or worship in our community, or if you have a family member who is already a member, you are eligible to join us! This inclusive approach ensures that we can serve and support as many people as possible. As a member of Nw Preferred, you'll enjoy personalized service and competitive rates on loans and savings accounts. We're dedicated to helping you achieve your financial goals with ease. Opening an account is simple and straightforward; just visit our website for more details on the process at https://nwpreferredfcu.com/personal-banking/loans/vehicle/auto/ . If you have any questions or need assistance, feel free to reach out to us at (503) 620-6248. For the most current eligibility information, check out our resource page at . We look forward to welcoming you into our family!

Business Banking & Commercial Services

Member Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $645 in commercial loans for our members, helping businesses scale and succeed. Imagine securing the funds needed to purchase new equipment or hire more staff our loans can make that a reality.

Non-Member Support

We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. This means that even if you're not a member yet, you can still access the financial support you need to take your business to the next level.

Outstanding Portfolio

With an outstanding commercial loan portfolio of $69,052,308, we continue to drive economic growth by financing new and expanding businesses. Each loan represents a partnership with entrepreneurs who are passionate about their work, making our local economy stronger. Additionally, our merchant services simplify payment processing so you can focus on what matters most your customers. From easy credit card transactions to online payment options, we provide tools that keep your operations smooth and efficient. Visit us at 8950 Sw Burnham St Portland Or 97223, Portland, OR, or call us at (503) 620-6248 to learn how we can help your business flourish!

Comprehensive List Of Services

ATM and Shared Branch Services

Need cash on the go? Our ATM services ensure that you can easily withdraw cash and check balances without hassle. Additionally, if you're a member of partner credit unions, you can benefit from basic shared branch transactions such as deposits and withdrawals. At Nw Preferred, we strive to create an inviting atmosphere where all members feel valued and supported. We encourage you to visit us at 8950 Sw Burnham St Portland Or 97223 or contact us at (503) 620-6248 to learn more about how our comprehensive list of services can help you achieve your financial goals. Your journey towards financial wellness starts here!

Business Banking Services

For our business members, we provide robust banking services that include merchant services and business loans. Whether you're starting a new venture or expanding an existing one, our team is ready to assist you in achieving your business goals.

Convenient Digital Banking

We know convenience is key in today's fast-paced world. That's why we offer online and mobile banking features that let you manage your accounts anytime, anywhere. With capabilities like mobile payments, person-to-person transfers, and easy access to e-statements, you'll have everything you need right at your fingertips.

Credit Options

In addition to traditional banking services, we also offer personal loans and debt consolidation programs. These options are perfect for members who may need extra cash for unexpected expenses or want to streamline their existing debts into one manageable payment. Plus, our credit cards come with rewards that allow you to earn while you spend, making every transaction more rewarding.

Personal Banking Solutions

We understand that managing your finances can be a challenge, which is why we offer a variety of personal banking options. Our checking and savings accounts are designed with your lifestyle in mind, allowing you to easily access and manage your funds. If you're considering purchasing a new vehicle, our auto loans and vehicle financing options can help make that dream a reality. For those looking to invest in a home, we provide mortgage loans and refinancing solutions to fit your budget.

Digital & Online Banking

Mobile Banking Features

For those who prefer banking on their mobile devices, our mobile application allows you to manage your finances right from your phone. Enjoy features like mobile payments and person-to-person transfers, making it easy to send money to friends or family instantly. Whether you're paying for groceries or splitting a dinner bill, our mobile payments feature simplifies these tasks without needing cash or checks. You can trust that all transactions are protected with the latest security measures. In a world where time is precious, Nw Preferred ensures that banking fits seamlessly into your lifestyle. Explore our digital services today by visiting https://nwpreferredfcu.com/ and experience the ease of online banking like never before!

Online Banking Made Easy

With 24/7 online banking available at https://nwpreferredfcu.com/ , you can check your account balances, transfer funds, and pay bills at your convenience. Our user-friendly interface makes it simple for you to navigate through your financial activities without any hassle. Whether you're at home or on the go, managing your money is just a click away.

Secure Transactions and E-Statements

Security is our top priority. We provide electronic signature authorization to ensure that your transactions are safe and secure. Plus, with e-statements available, you can view and manage your account statements digitally. This not only helps you stay organized but also contributes to being environmentally friendly.

Financial Strength

Commitment to Growth and Innovation

Our commitment to serving you extends beyond just providing services. With $21,619,766 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Currently, we have $894 in used auto loans and $134,618,233 in total loans and leases available to support your financial goals across various sectors.

Growing Trust from Our Members

The growing trust from our community is evident in our Total Share Accounts: 17,274. This reflects a strong member base that chooses Nw Preferred as their trusted partner in managing finances effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Nw Preferred is your trusted partner. Visit us at 8950 Sw Burnham St Portland Or 97223 or call (503) 620-6248 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Solutions

We understand that saving is important to our members. That's why we secure your funds through $25,394,399 in share certificates and $81,328,216 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members' needs; with non-member deposits at $0, our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our ability to deliver great products is reflected in our $0, showcasing our operational efficiency. This enables us to offer competitive loan rates and solid financial products for our members. We also take pride in having 33 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Strong Financial Position

With a net worth of $23,643,620, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,362 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $13,556,584 in used vehicle loans and $6,736,701 in new vehicle loans already helping members get on the road. Whether you're eyeing a reliable used car or a brand-new model, our financing solutions are designed to fit your budget and lifestyle.

Business Financing

For business owners, our outstanding commercial loans totaling $69,052,308 provide the capital needed to grow and expand. We understand the unique challenges faced by small businesses and are dedicated to supporting your journey toward success. In addition to these offerings, we also provide refinancing options for various types of loans. If you're looking for better rates or terms on existing debts, reach out to us for more information about eligibility requirements. If you have any questions or would like to explore our loan products further, don't hesitate to contact us at (503) 620-6248 or visit us at 8950 Sw Burnham St Portland Or 97223 in Portland, OR. We're here to help you navigate your financial journey with confidence! Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $14,780,568, make buying or refinancing simple. We strive to provide straightforward terms and competitive rates, ensuring that your path to homeownership is smooth and stress-free.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging, which is why we also offer flexible terms on unsecured credit card loans. With a total of $7,762,115 in loans helping members manage their finances effectively, our credit cards provide convenience and purchasing power when you need it most.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This ensures that the offers you see are fair and transparent. Each lender listed has been vetted for reliability, meaning you can trust that the information presented reflects real-time market conditions.

NW PREFERRED FEDERAL CREDIT UNION