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About Us


We are here to serve

Serving the needs of people working in the insurance industry, across the United States, is the reason we exist.


Our story began more than 80 years ago

(May 9, 1940 to be exact) to serve the agents and employees of Farmers Insurance Group in Portland, Oregon. Eventually our service area grew to include all of Oregon and the State of Washington. In 2003, the National Credit Union Administration (NCUA) awarded us the nation’s first Trade, Industry, Profession (TIP) charter allowing us to expand services to licensed insurance professionals and their employees throughout the Pacific Northwest. Because of our success in the Pacific Northwest, in 2016 we received approval to serve the licensed insurance industry nationwide, including all territories and possessions of the United States.

We also serve anyone who lives, works or worships in the greater North Santiam communities of Stayton, Aumsville, Sublimity, Scio, Lyons, Gates, Mill City, Detroit, Idahna and Mehama.

As a credit union, NW Preferred is committed to prioritizing cutting edge tech, aggressively affordable products and services, and fantastic, member-focused service.

In an effort to help mitigate the spread of the coronavirus (Covid-19) and to protect the health of our members and employees, NW Preferred will be closing access to our Stayton and Portland (Tigard) branch lobbies beginning Tuesday, March 24th. After Monday, we will be available to assist members with specific or unique needs, by appointment only, based on our available resources.

Remember you can easily access your NW Preferred accounts, 24 hours a day, via online or mobile banking. You can also locate nearby ATMs by using our mobile app or texting your location (address, intersection, or zip code) to 91989.

Most importantly, stay well.