- Savings & Checking
- Loans & Credit
- Mortgage & Home Equity
- Investments & Insurance
- Business Services
We are wrapping up a year that saw strong member growth. We continue to look for ways to expand opportunities to bring in new members.
We also remodeled the branches at Erin Way and the 911 building. The simple, clean design has received positive reviews from many members. We are already starting work on bringing that design to our two remaining branches in the Ross Complex and Hood River.
With the tumultuous election season behind us, we have already seen movement in the economy, and specifically with the Federal Reserve. It looks like rates may start rising again next year, after 7 years of continuous lows.
In light of that, we finally will be reinstating a modest 0.05% dividend on share balances over $500 in 2017. We are still, and will always be, working to keep a balanced relationship between deposits and loans. Loan balances have continued to improve, but so have deposits. It is important for the continued financial success of PNWFCU to manage our income and expenses from both deposits and loans.
One item of change I would like to highlight. We sent out annual meeting notices a short time ago. Due to events that occurred after those notices went out, we need to move the annual meeting date to give us time to meet notification deadlines. We will share more on this in the coming weeks.
Happy New Year to all members, and we look forward to being your financial partner for life.
- Tom Griffith, CMA, Chief Executive Officer
We were founded in 1942 by a handful of Bonneville Power Administration employees, and have continued to grow by adding other federal agencies and select employee groups to our membership. In 1999 we merged with Hessell-TPC Credit Union, with Mountain Valley Federal Credit Union in 2000, then with Pacific Retailers Omni Federal Credit Union in 2001. In 2004, we added Hood River, Wasco, Skamania and Klickitat counties, as well as a community in NE Portland to our membership eligibility.
We offer credit union services to over 300 federal agencies and select employee groups. We are a $165 million credit union with over 16,000 members, enjoying a full range of personal and business products and services. Our primary goal is to satisfy our members' financial needs with a high level of service, using three strategic objectives:
We would love to have you join PNWFCU! Eligibility requirements for membership include:
It only takes one "Yes!" to join, and membership is easy. Just call Member Service or visit any branch to complete a Member Relationship Agreement and make your initial membership share deposit of $5.00, or apply online.