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FOR IMMEDIATE RELEASE
Pacific NW Federal Credit Union
PNWFCU is providing members with complimentary access to their FICO® Scores. The scores, updated quarterly, are available through the credit union’s online banking website and mobile app. In addition to providing the score and top two score factors to the member, FICO® provides extensive educational content. Having access to the scores can help members better understand their financial health.
“We are excited to provide members with free access to their credit scores and educational resources, and empower them with the tools they need to make informed financial decisions,” says Diane Calvin, SVP Chief Lending Officer at Pacific NW Federal Credit Union.
FICO® Scores are based on information provided by consumer credit reporting agencies. 90% of top lenders use FICO® Scores to make lending decisions.
The FICO® Score is the standard measure of U.S. consumer credit risk, and used in more than 90 percent of consumer lending decisions in the U.S. and in more than 25 countries on 5 continents. More than 10 billion FICO® Scores are purchased in the United States each year by lenders for their risk management decisions. Learn more about the FICO® Score Open Access program here.
About Pacific NW Federal Credit Union
Founded in 1942, PNWFCU is a member-owned financial cooperative with more than 17,500 members and $195 million in assets. We serve members in 8 counties in Oregon and Washington with a full range of personal and business products and services. Pacific NW Federal Credit Union is federally insured by the National Credit Union Administration, a U.S. Government Agency. For more information visit www.pnwfcu.org.
FICO® is a registered trademark of Fair Isaac Corporation in the United States and other countries. The above image is a sample of the FICO® Score Meter you can view in your PNWFCU account online.