Potlatch No. 1 Credit Union Colfax WA | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Potlatch No. 1 Financial, your trusted community credit union located at 505 S Main St, Colfax, WA 99111. Since our establishment in 1938, we have been dedicated to serving our members with integrity and care. With a robust membership of 127,945 individuals, we are proud to be a cornerstone of the Colfax community. At Potlatch No. 1 Financial, we understand the importance of reliable financial services. That's why we manage a total of $2,145,789,869 in assets and maintain a strong net worth of $178,949,775. Our commitment to excellence is reflected in our diverse offerings, including personal banking options such as checking and savings accounts, auto loans, mortgages, and business banking solutions. Our team is led by CEO Chris Loseth and Board President Tod Dickeson, who together foster an environment focused on member satisfaction and community engagement. With over 411 employees, we are equipped to provide personalized service tailored to meet your financial needs. Whether you're looking for competitive loan rates or safe deposit options like our total deposits amounting to $20,804,423 we have the tools you need to achieve your financial goals. Additionally, our branch features convenient services like online banking and drive-thru access for hassle-free transactions. While members can visit us at 505 S Main St, official correspondence should be sent to the same address. We invite you to explore how Potlatch No. 1 Financial can support your financial journey. Feel free to give us a call at (208) 746-8900 or visit our website at www.p1fcu.org for more information. Join us today and experience the difference a member-focused credit union can make!

Branch History & Mission

At Potlatch No. 1 Financial, our roots run deep in the community of Colfax, WA. Since our founding in 1938, we have dedicated ourselves to serving not just as a financial institution but as a trusted partner in the lives of our members. Our branch, located at 505 S Main St, Colfax, WA 99111, has been a beacon of support for nearly nine decades. Over the years, we have grown significantly and now proudly serve over 127,000 members with total assets exceeding $2.14 billion. Our mission is simple yet profound: to empower our members by providing them with personalized financial services while nurturing the spirit of community support. We believe that everyone deserves access to quality financial resources, and we strive to make banking accessible and straightforward for all. Whether it's through checking and savings accounts, auto loans, or mortgage options, we are here to help you achieve your financial goals. As we continue to evolve in this digital age, we've embraced technology without losing sight of our commitment to personal service. Our branch offers online and mobile banking features that allow members to manage their finances easily and securely from anywhere. Additionally, we ensure ADA compliance so that all members can access our services comfortably. In addition to modern conveniences, Potlatch No. 1 Financial actively engages in community outreach efforts. We partner with local organizations and initiatives that align with our values, helping to create a brighter future for those around us. Our shared service center allows us to extend our reach even further, ensuring that members can access essential banking services seamlessly. While you can always visit us at our main branch location in Colfax, official correspondence should be sent to the same address: 505 S Main St, Colfax, WA 99111. We invite you to join the Potlatch No. 1 Financial family today! Experience firsthand how we blend tradition with innovation while making a real impact on your financial well-being. Call us at 208-746-8900 or visit our website at Potlatch No. 1 Financial to learn more about membership eligibility and how we can assist you on your journey toward financial success!

Branch Location & Accessibility

Get In Touch!

For any questions or assistance, don't hesitate to reach out! Call us at (208) 746-8900 or visit us during our operating hours. We're excited to welcome you into our community-focused branch where your financial journey matters!

Nearby Landmarks & Accessibility Features

Our branch is just a stone's throw from the vibrant downtown area, making it a perfect stop while you enjoy local shops and eateries. We pride ourselves on providing an inclusive experience for all members, featuring ADA-compliant ramps and accessible parking spaces right outside our doors.

Operating Hours & Services Offered

We understand that your time is valuable. That's why our lobby hours are designed to fit your busy schedule open Monday through Thursday from 9 AM to 5:30 PM and Friday from 9 AM to 6 PM. Our drive-thru service makes banking even more convenient, operating Monday through Thursday from 8:30 AM to 5:30 PM and Friday from 8:30 AM to 6 PM, with Saturday hours from 9 AM to 1 PM. At Potlatch No. 1 Financial, we offer a range of services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. You can also take advantage of our ATM services and shared branch transactions if you're a member of one of our partner credit unions.

Member Eligibility

At Potlatch No. 1 Financial, we believe that everyone deserves a financial partner they can trust, and joining our community is easier than you might think! To become a member, you simply need to meet a few friendly eligibility criteria. Whether you're living, working, attending school, or worshipping in the areas we serve, you may qualify for membership. We welcome individuals from various backgrounds and walks of life, so there's a good chance you're already eligible! For more detailed information on who can join us, check out our eligibility page at https://www.p1fcu.org/become-a-member. Once you've confirmed your eligibility, opening an account with us is a breeze. You can start your journey towards financial empowerment by visiting us at our convenient location: 505 S Main St Colfax Wa 99111. If you have any questions or would like assistance, don't hesitate to give us a call at (208) 746-8900. We're here to help you every step of the way as you take advantage of the benefits that come with being a member of Potlatch No. 1 Financial!

Business Banking & Commercial Services

Lending Solutions for Growth

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 That Make Transactions Easy

In addition to loans, our merchant services help you streamline transactions, whether it's through credit card processing or mobile payment options. Imagine serving your customers without the hassle of complicated systems just straightforward solutions that let you focus on what matters most: running your business. Explore how Potlatch No. 1 Financial can be your partner in success. Contact us today at (208) 746-8900 or visit us at 505 S Main St Colfax Wa 99111 to learn more!

Comprehensive List Of Services

ATM and Drive-Thru Services

Need cash quickly? We have ATM access available for withdrawals and balance checks right when you need them. Our drive-thru service makes quick transactions hassle-free perfect for those busy days when you're on the go.

Business Banking

For our business members, we have comprehensive banking solutions that include merchant services and business loans tailored for growth. Whether you're starting a new venture or expanding an existing one, we're here to support your journey.

Credit Cards and Rewards

We also offer credit cards with rewards that let you earn points for everyday purchases, making your spending work harder for you. Picture using rewards from your credit card to treat yourself or cover holiday gifts!

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features that allow you to manage your accounts anytime, anywhere. With our mobile app, you can check balances, transfer money, and even make person-to-person payments with ease.

Personal Banking

We understand that each member has unique needs when it comes to banking. That's why we provide a variety of personal banking services designed to make your life easier. You can open checking and savings accounts that help you save for the future while giving you easy access to your funds whenever you need them. If you're in the market for a new vehicle, our auto loans and vehicle financing options are tailored to fit your budget. Imagine cruising around town in that new car you've been eyeing our competitive rates can help make that dream a reality. Need a home? Our mortgage loans and refinancing options allow you to take the next step toward homeownership with confidence. For those unexpected expenses or plans that require extra cash, consider our personal loans and debt consolidation services. They offer a simple way to manage your finances without added stress.

Shared Branch Transactions

As part of a network of partner credit unions, we facilitate basic shared branch transactions like deposits and withdrawals for members from other participating institutions. This means even if you're traveling or away from home, accessing your funds is easy. At Potlatch No. 1 Financial, we believe in making banking accessible and straightforward for everyone in our community. If you're ready to experience personalized financial services tailored just for you, call us today at 208-746-8900 or visit us at 505 S Main St, Colfax, WA 99111. Join us as we help you achieve your financial goals!

Digital & Online Banking

Mobile Banking at Your Fingertips

For those who prefer banking on the go, our mobile application is available for download, making it easy to access your accounts from your smartphone. You can also enjoy mobile payments, letting you make purchases quickly and securely right from your device. Need to send money to a friend? Our person-to-person transfer feature makes it simple and straightforward.

Stay Informed with E-Statements

With e-statements available, you'll receive your account statements electronically. This not only helps reduce clutter but also ensures you have instant access to important financial information whenever you need it. At Potlatch No. 1 Financial, we prioritize both accessibility and user experience. Our digital banking solutions provide real-time account management while ensuring that your information is safe and secure. Experience the ease of managing your finances online or through our app today!

User-Friendly Features

Our online banking services are available 24/7, allowing you to check balances, transfer funds, and pay bills on your schedule. Plus, with the option for electronic signature authorization, signing documents is quick and hassle-free. No more worrying about printing or mailing paperwork everything can be done digitally!

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. We are committed to ensuring that your finances are in safe hands. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. 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 833 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 is impressive with $29,835 in used auto loans and a total of $1,780,416,004 in loans and leases available to support our members' financial goals across various sectors. Our operational efficiency is reflected in our net income of $0, which allows 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, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments): $1,946,250. Total Share and Deposit Accounts: 245,485, showing a strong and growing member base that trusts us with their finances. 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 505 S Main St Colfax WA 99111 or call 208-746-8900 to learn more about how we can help you achieve your financial goals.

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. Whether you're considering a brand-new model or a reliable pre-owned vehicle, our loan products are designed to get you moving quickly and affordably.

Business Financing

For business owners looking for capital to grow and expand their operations, our outstanding commercial loans totaling $275,689,862 are designed to support your business ambitions. From start-ups to established companies needing additional funds for projects or inventory purchases, we have options available. At Potlatch No. 1 Financial located at 505 S Main St Colfax Wa 99111, our experienced team is ready to assist you with any questions regarding our loan products or eligibility criteria. For personalized assistance or inquiries about refinancing options and other financial services we offer including online banking and mobile applications please call us at 208-746-8900. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We look forward to helping you achieve your financial goals!

Credit Lines and Cards

For those seeking more flexibility in their spending habits, we also provide total credit lines loans amounting to $1,128,090,456. These credit lines allow members to manage cash flow effectively without the stress of high-interest rates. Additionally, our flexible terms on unsecured credit card loans, with a total of $5,909,209 in loans available, help members manage their finances effectively while enjoying rewards and benefits tailored for everyday use.

Mortgage Options

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $47,239,459, make buying or refinancing simple. We offer various financing solutions that can fit different budgets and circumstances. If you're interested in refinancing your existing mortgage or learning about eligibility options for first-time homebuyers, our team is here to guide you through the process.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers come from legitimate financial institutions, ensuring clarity in what you're being offered. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions. Instead, our goal is to provide unbiased results so you can easily find the best options. - Real-Time Rate Comparisons: You receive up-to-date loan rates from multiple institutions, which helps you make well-informed choices. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights the practical benefits of using LendMesh to navigate your lending options. 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.*

Ensuring Accurate 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 means you can trust that the loan offers presented are fair and transparent.

Potlatch No 1 Financial