Northwest Federal Credit Union

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A short history of Northwest FCU

Since its inception in 1947 the Northwest Federal Credit Union has been serving its members in the Herndon, Virginia area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Jeff Bentley, the Northwest FCU has grown its membership to over 243,365 with assets of more than $3,260,744,976. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (703) 709-8900 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Herndon, VA.

General Information For Northwest FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 5500
Address 200 Spring St 
City Herndon 
State Virginia 
Zip-Code 20170
Phone Number (703) 709-8900
Fax Number (703) 709-9484
Email Address: none
CEO/President Jeff Bentley
Members 243,365 
Full-Time Employees 483 
Part-Time Employees 14 
Number of Branch Offices
Total Assets 3,260,744,976 

Compare Northwest Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Strategic CU Springfield Branch 8320 Alban Rd 22150 (703) 912-1880 No 3.64
Constellation CU CONSTELLATION FCU 1810 Samuel Morse Dr 20190 (703) 573-0970 No 3.72
First Baptist Church Of Vienna (va) CU First Baptist Church Vienna FCU 450 Orchard St NW 22180 (703) 319-0724 No 8.06
Wright Patman Congressional CU Oakton 10461 White Granite Dr 20026 (703) 934-8300 No 8.72
Justice CU Main Justice Branch #2 950 Pennsylvania Ave NW Rm 1419 20026 (703) 480-5300 No 8.90

Northwest Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Northwest Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.24 3.19 3.69 3.88 3.99
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 105 166 169 121 99
Rank Among All Virginia Credit Unions 6 25 23 21 9

Northwest Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.25 0.30 1.31 1.31
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 95 97 117 117
Rank Among All Virginia Credit Unions 10 17 15 15 11
Northwest Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.24059,33290,313,954
All Other Unsecured Loans/Lines of Credit 10.90010,87161,527,027
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 7.0001,29233,916,529
New Vehicle Loans 3.19038,656694,459,540
Used Vehicle Loans 3.69050,084563,232,016
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.8802,666740,902,140
Total Other Real Estate Loans/Lines of Credit 3.9903,556157,239,568
Leases Receivable 0.00014302,150
Total All Other Loans/Lines of Credit 3.0001,59634,170,096
TOTAL LOANS & LEASES 168,0672,376,063,020

Northwest Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 1,186388,371,8479642,152,493
    b. 15 Years or less 572112,242,288123,734,000
    a. > 15 years 14141,455,595154,408,800
    b. 15 Years or less 31078,340,88082,660,100
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 2314,322,18500
Adjustable Rate > 1 yr 434106,169,345125,060,800


Closed-End Fixed Rate 98341,174,9771035,613,213
Closed-End Adjustable Rate 1013,571,168150,000
Open-End Adjustable Rate 2,563102,493,42325521,234,845
Open-End Fixed Rate 0000
TOTALS 6,222898,141,70850284,914,251


Interest Only & Payment Option 1st Mortgage Loans 368,768,1540
Interest Only & Payment Option Other RE/LOC Loans 12802,1900
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Northwest Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes