Potlatch No. 1 Credit Union Bonners Ferry ID | Affordable Auto Loans & Business Banking

Introduction

Welcome to Potlatch No. 1 Financial, your trusted partner in Bonners Ferry, Idaho! Located at 6673 Main St, our branch has been a cornerstone of the community since 1938. With over 127,000 members benefiting from our services, we pride ourselves on fostering strong relationships and providing exceptional financial solutions tailored to meet the unique needs of our members. As a member-owned credit union, we understand that financial success is more than just numbers it's about building a secure future for you and your family. That's why we manage assets totaling an impressive $2.145 billion and have loans and leases exceeding 71,684 accounts. Our commitment to you goes beyond just offering competitive rates; we aim to be a reliable source of support in every stage of your financial journey. With deposits amounting to $20,804,423 and a net worth of $178,949,775, we are equipped to provide stability and growth opportunities. We also maintain cash reserves of $36,225,591, ensuring that our members' funds are safe and accessible when needed. Our leadership team, headed by CEO Chris Loseth and Board President Tod Dickeson, is dedicated to upholding our mission of serving our community with integrity and care. Whether you're looking for personal banking services like checking accounts or auto loans or need assistance with business banking options, we have something for everyone. While members can visit us at 6673 Main St, official correspondence should be sent to the same address. If you have any questions or would like to learn more about how we can help you achieve your financial goals, feel free to give us a call at 208-267-0415 or explore our website at www.p1fcu.org. Join us today and experience the difference that comes with being part of a community-focused credit union!

Branch History & Mission

Community Engagement

Potlatch No. 1 Financial isn't just about transactions; it's about relationships. We actively partner with local organizations to promote financial literacy and support community projects that uplift those around us. Through these efforts, we aim to create a positive impact that resonates throughout Bonners Ferry. In addition to our traditional services, we've embraced technology with online banking options that provide convenience at your fingertips. Whether you're making payments or checking your balance through mobile apps or online portals, we ensure you have access to your finances whenever you need them. As we look toward the future, Potlatch No. 1 Financial remains dedicated to upholding our values of integrity and service while innovating new ways to meet the needs of our members.

Join Us!

We invite you to experience the benefits of membership at Potlatch No. 1 Financial. Discover how we can help you achieve your financial goals while being part of a community-focused credit union that truly cares about its members' success. Visit us today or call us at 208-267-0415 for more information on how you can join our family!

Our Mission

Our mission is simple yet profound: to empower our members through financial education and accessible services that cater to their unique needs. We believe that everyone deserves a chance to thrive financially, which is why we offer a range of products including checking and savings accounts, auto loans, mortgage refinancing, personal loans, and credit cards with rewards. Our commitment extends beyond just banking; it encompasses supporting local initiatives and fostering community development. While members can visit us at 6673 Main St, official correspondence should be sent to the same address as there is no difference between our mailing and physical locations. We strive to make banking easy and accessible for all our members with features like ATM availability and drive-thru service.

Branch Location & Accessibility

Contact Us

Have questions? Feel free to give us a call at 208-267-0415. Our team is eager to assist you with any inquiries or concerns you may have about your banking experience. While members can visit us at our main branch address, official correspondence should be sent to the same address: 6673 Main St, Bonners Ferry, ID 83805. We invite you to visit Potlatch No. 1 Financial today and discover how we can support your financial journey in Bonners Ferry!

Convenient Location

Nestled on Main St, our branch is conveniently situated near local landmarks that make it easy to find us. If you're coming from downtown Bonners Ferry, just a short drive will bring you right to our door. There's ample parking available for all members, and we've made sure our facility is accessible for everyone, including ADA-compliant features like ramps and designated parking spots.

Operating Hours & Services

We're open Monday through Friday from 9:00 AM to 5:30 PM, making it easy for you to stop by during your day. At Potlatch No. 1 Financial, we offer a range of services tailored to meet your needs. From checking and savings accounts to auto loans and mortgage options, we've got you covered. Need quick cash? Our ATM is available right at the branch for your convenience, and if you prefer the ease of banking from your car, our drive-thru service is ready to assist you with deposits and withdrawals. For those who may need additional help or are members of partner credit unions, we also provide shared service transactions so you can manage your finances seamlessly.

Member Eligibility

Becoming a member of Potlatch No. 1 Financial feels like stepping into a warm, welcoming community where your financial goals are supported and celebrated. If you live, work, or worship in our local area, you're already eligible to join us! We believe that everyone deserves access to personalized banking services and the opportunity to thrive financially. At Potlatch No. 1 Financial, we offer a range of benefits including competitive loan rates and friendly service designed just for you. To learn more about the specific eligibility requirements, feel free to visit our detailed page at https://www.p1fcu.org/become-a-member. Joining is simple! You can start the account opening process online by visiting https://homebanking.p1fcu.org/p1fcu/sdk/autoenrollmente2e, or if you prefer, give us a call at (208) 267-0415. Our team is here to help guide you through every step so you can enjoy all that membership has to offer. Your journey toward financial empowerment starts at 6673 Main St Bonners Ferry Id 83805, and we can't wait to welcome you!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $602 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $3 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $275,689,862, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services that simplify transactions for business owners. Imagine having the ability to accept payments effortlessly, whether it's through credit cards or mobile payments. This means more convenience for your customers and smoother operations for you. Discover how Potlatch No. 1 Financial, located at 6673 Main St Bonners Ferry Id 83805, Bonners Ferry, ID 83805, can help your business thrive. Reach us at (208) 267-0415 to learn more about our services tailored for you!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

We provide convenient ATM access for withdrawals and balance checks whenever you need it. Our branch also has drive-thru banking available for deposits, withdrawals, and simple transactions perfect for those busy days when time is tight. For members who belong to partner credit unions, basic shared branch transactions like deposits and withdrawals are also available here at Potlatch No. 1 Financial.

Business Banking Services

For local businesses, we understand how crucial it is to have reliable banking support. That's why we offer merchant services and business loans tailored to help you grow and succeed. Our experienced team is here to assist with any questions or concerns you may have about managing your business finances.

Convenient Digital Banking Features

In today's fast-paced world, having access to your accounts anytime and anywhere is essential. That's where our online and mobile banking features shine. With just a few taps on your smartphone or clicks on your computer, you can transfer funds, pay bills, and check your balance without needing to visit a branch. Plus, our mobile payment options make transactions quick and hassle-free.

Get Started Today!

With all these services under one roof at Potlatch No. 1 Financial in Bonners Ferry, ID, we're here to support your financial journey every step of the way. If you're ready to take control of your finances or need assistance choosing the right service for you, give us a call at 208-267-0415 or visit our website at www.p1fcu.org. We look forward to helping you reach your financial goals!

Personal Banking Solutions

Our personal banking services are designed to simplify your day-to-day finances. With checking and savings accounts that offer competitive rates, you can rest easy knowing your money is in good hands. If you're considering purchasing a new car or refinancing an existing loan, our auto loans and vehicle financing options make it easy for you to get on the road without breaking the bank. We also offer mortgage loans and refinancing opportunities to help you secure your dream home or lower your current monthly payments. If life throws unexpected expenses your way, our personal loans and debt consolidation services can provide you with the funds needed to navigate those challenges. Plus, our credit cards come with rewards programs that allow you to earn benefits while making everyday purchases.

Digital & Online Banking

Key Features for Your Convenience

Our online banking service is not just about accessing your account; it's about making your life easier. You can view your balances, pay bills, and transfer money with just a few clicks. Plus, if you prefer a more personal touch, our person-to-person transfer feature makes it easy to send money to friends or family instantly. Need to sign documents quickly? Our electronic signature authorization allows you to approve important paperwork without the hassle of printing or mailing anything. And if you're looking to go paperless, you'll be pleased to know that e-statements are available, giving you easy access to your financial statements while helping the environment.

Security You Can Trust

We prioritize your security above all else. Our online banking platform employs advanced security measures so you can bank with confidence. You can rest assured knowing that both your information and transactions are protected. With all these features working together, managing your finances has never been easier or more accessible. Join us at Potlatch No. 1 Financial and experience the benefits of digital banking today!

Stay Connected on the Go

For those who are always on the move, our mobile application lets you manage your accounts right from your smartphone. Whether you're checking your balance during lunch or making payments while waiting in line, it's all at your fingertips. And if you're a fan of mobile payments, we've got you covered there too. Enjoy the convenience of paying with just your phone!

Financial Strength

Growing Trust

We have built trust within our community as shown by our 245,485 total share accounts, highlighting a strong and growing member base that relies on us for their financial needs. Additionally, our net shares available for lending stand at $1,946,250, further emphasizing our dedication to supporting your endeavors. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Potlatch No. 1 Financial is your trusted partner. Visit us at 6673 Main St Bonners Ferry ID 83805 or call 208-267-0415 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Member-Centric Savings

Members' savings are secured through $643,273,667 in share certificates and $272,322,964 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $5,000,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our current net income of $0 reflects our commitment to operational efficiency while still enabling us to offer competitive loan rates and solid financial products for our members. We also take pride in having 403 full-time employees and 8 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Reinvesting in Our Community

With $156,412,458 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $29,835 in used auto loans and a total of $1,780,416,004 in loans and leases.

Solid Financial Health

With a net worth of $178,949,775, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 833% 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 $550,451,895 in used vehicle loans and $216,238,610 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive interest rates to make your car-buying experience smooth and hassle-free.

Business Financing

For business owners, our outstanding commercial loans totaling $275,689,862 provide the capital needed to grow and expand your operations. Whether you need funds for equipment purchase or working capital, we are committed to supporting local businesses. We pride ourselves on transparency and providing options for refinancing as well as eligibility assessments. If you're interested in any of our loan products or want to learn more about how we can assist you financially, don't hesitate to reach out! You can contact us at 208-267-0415, visit us at our branch located at 6673 Main St Bonners Ferry ID 83805, or explore our services online at Potlatch No 1 Financial. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step towards achieving your financial aspirations!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $47,239,459, make buying or refinancing simple. Whether you're a first-time homebuyer or looking to refinance your existing mortgage, our knowledgeable team is here to guide you through every step of the process.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $5,909,209 in loans helping members manage their finances effectively. Our credit cards come with rewards and benefits that can fit your lifestyle while giving you the purchasing power you need.

Loan Aggregator

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 guarantees that you receive fair and transparent offers, allowing you to compare loan options without any hidden biases.

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions quickly. Thousands of users trust LendMesh for their loan comparisons. One satisfied member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

Potlatch No 1 Financial