Branch History & Mission
Welcome to Potlatch No. 1 Financial, a community-focused credit union with a proud history that dates back to 1938. Since our founding, we have been dedicated to serving the financial needs of our members in Rathdrum, ID, and the surrounding areas. Our branch, located at 14678 N Kimo Ct, Rathdrum, ID 83858, has grown significantly over the years and now boasts a membership of over 127,000 individuals who trust us with their financial futures. Our mission is simple yet powerful: to empower our members through quality financial services while giving back to the communities we serve. We believe in creating meaningful connections and providing support that extends beyond just banking. This commitment drives us to offer a wide range of services including personal banking, auto loans, mortgages, and business banking solutions. We strive to ensure that every member feels valued and supported on their financial journey. As we evolved over the decades, we embraced technology and innovation to enhance our service offerings. Our digital advancements include online banking options and mobile payments that make managing finances easier than ever before. We also prioritize accessibility with ADA-compliant facilities and services designed for everyone in our community. While members can visit us at our physical location in Rathdrum, official correspondence should be sent to PO BOX 897, Lewiston, ID 83501. With an operating model that includes both ATM availability and drive-thru services, we aim to provide convenience alongside personalized customer care. We are proud of our partnerships with local organizations that allow us to give back through various community outreach efforts. Whether it's sponsoring local events or participating in educational programs, we actively engage in initiatives that strengthen our community ties. At Potlatch No. 1 Financial, we are more than just a credit union; we are your neighbors dedicated to helping you achieve your financial goals. If you're looking for a place where you can feel at home while receiving exceptional service, we invite you to join us. Experience the benefits of being part of a supportive community become a member today! For more information or assistance, don't hesitate to reach out at 208-746-8900.
Financial Strength
At Potlatch No. 1 Financial, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With our strong financial foundation, you can trust that your savings and investments are in good hands. With a net worth of $178,949,775, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 8.33% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. 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. 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 with $29,835 in used auto loans and $1,780,416,004 in total loans and leases. Although our net income currently stands at $3,250,480, this reflects our focus on operational efficiency, enabling us to continue offering 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 ready to assist you with expert guidance whenever you need it. Our net shares amount to $1,946,250, indicating funds available for lending and investments, while our total share accounts have grown to 245,485, showcasing the trust that our expanding member base has placed in us. 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 14678 N Kimo Ct Rathdrum Id 83858 or call (208) 746-8900 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.
