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Business Details
50+ Years
experience
Your Trusted Financial Partner for Insurance Professionals
At NW Preferred Federal Credit Union, we have dedicated ourselves to serving the financial needs of insurance professionals and their communities since 1940. Our journey began in Portland, Oregon, supporting Farmers Insurance Group agents and employees, and has expanded to provide nationwide services to licensed insurance professionals. We received the nations first Trade, Industry, Profession (TIP) charter in 2003, enabling us to serve the Pacific Northwest before extending our reach across the United States. Our commitment to innovation ensures members access to cutting-edge technology, affordable financial products, and exceptional service tailored to individual needs. With decades of experience, we prioritize personalized solutions over generic approaches, ensuring each loan, account, and financial strategy aligns with our members unique goals.

As a member-owned institution, we focus on delivering value through competitive rates, flexible terms, and a deep understanding of the insurance industrys financial landscape. Our service area includes all U.S. territories and specific communities in Oregons North Santiam region, reflecting our dedication to both national and local impact. Transparency, reliability, and a member-first philosophy guide every decision we make. By combining industry expertise with community-focused banking, we empower our members to achieve long-term financial success. This approach has allowed us to build trust and maintain strong relationships with insurance professionals who rely on our specialized services.
Services
Auto Loans Home Equity Loans Personal Loans Business Checking Visa Credit Cards
Details
  • Year established: 1940
Highlights and features
  • We offer 80+ years of experience serving insurance professionals.
  • Our personalized loan terms fit individual financial goals.
  • We provide nationwide access for licensed insurance industry members.
  • Cutting-edge digital banking tools enhance member convenience.
  • Local community focus complements our national service capabilities.
Associations and certifications
  • National Credit Union Administration (NCUA)
What people say
One-on-one approach Best way to achieve goals Quick deal processing Commitment to business Personalized rates and terms
Services
Auto Loans
We provide competitive auto loans tailored to members financial situations. Our flexible terms and personalized rates ensure affordable vehicle purchases while maintaining financial stability. Industry professionals benefit from specialized underwriting expertise.
Home Equity Loans
Our home equity solutions offer predictable payments and fixed rates for major home improvements or debt consolidation. Members receive customized loan structures aligned with their long-term financial plans and property values.
Business Checking
Designed for insurance agencies, our business checking accounts combine no monthly fees with robust financial management tools. Features include digital banking access, merchant services, and tailored cash flow solutions for operational efficiency.
People
Eric Graham
Agent Member
Eric Graham, a satisfied Agent Member, praises NW Preferred's personalized approach and efficient deal processing. With over 20 years in the insurance industry, he values their understanding of agents' unique financial needs.
Questions
Who is eligible to join NW Preferred?
Licensed insurance professionals nationwide, their employees, and residents in Oregon's North Santiam communities may join.
What loan options do you offer?
We provide auto loans, home equity loans, business financing, personal loans, and credit card solutions tailored to members' needs.
How does your personalized approach work?
Our underwriters evaluate each application individually to create loan terms matching your specific financial situation and goals.
Do you offer digital banking tools?
Yes, we provide secure online and mobile banking platforms for account management, bill payments, and transaction monitoring.