Press Releases

  • Dec 17
    Herndon, Va. (December 17, 2015) – Northwest Federal Credit Union’s newest Community Partner, Floris United Methodist Church, is changing the way its members deal with financial difficulties with the help of the credit union. Through the Jubilee Assistance Fund (JAF), Floris UMC members will be able to apply for an affordable loan with Northwest Federal with the church providing collateral.“With 25% of the unbanked or underbanked using at least one alternate financial service to make ends meetmore...
  • Dec 14
    HERNDON, Va.--(BUSINESS WIRE)--Northwest Federal Credit Union was honored this past month during the Washington Business Journal 2015 Corporate Philanthropy Awards, an event to honor “the region's most active and inspirational companies and nonprofits that have made a difference in their communities through both financial and volunteer philanthropic work.” The Credit Union ranked 11th on the Business Journal’s List of Largest Corporate Philanthropistsmore...
  • Dec 10
    HERNDON, Va.--(BUSINESS WIRE)--Northwest Federal announces the hiring of Alexzandra Shade as the Executive Director of the Northwest Federal Credit Union Foundation. Shade comes to the Foundation with over 10 years of philanthropic experience including fundraising, partnership development, and mentorship from a variety of charitable organizations. "We're excited by the energy and experience Alex brings to the Foundation," says President/CEOmore...
  • Nov 13
    Herndon, Va. (November 13, 2015) – Northwest Federal Credit Union recently added the Humane Society of Calvert County to its Community Partners Program. The partnership is part of a continuing effort by the credit union to support a variety of local charities that are meaningful to its members and the communities it serves. “Northwest Federal is more than just a financial institution. We listen to what matters to our members and work to build the communities they live in,” said Northwestmore...
  • Nov 06
    Herndon, Va. (November 6, 2015) – Northwest Federal Credit Union’s most recent Community Partner, the Potomac Appalachian Trail Club (PATC), takes a hands-on approach to living the credit union’s mission to support the community. The non-profit, volunteer-staffed PATC coordinates over 600 volunteers to maintain and improve hiking trails throughout the D.C. Metro area. The organization recently developed a novel partnership with Virginia’s third largest credit union that allows financialmore...
  • Sep 23
    HERNDON, Va.--(BUSINESS WIRE)--Northwest Federal Credit Union’s FirstCard Visa Platinum was recognized for the second year in a row by MONEY magazine on their list of “Best Credit Cards”. One of 14 cards selected from thousands of cards in five categories, the product was touted as a top choice for consumers seeking to build or restore credit. MONEY collaborated with personal finance site, NerdWallet to choose cards that provide financiallymore...
  • Sep 18
    Herndon, Va. (September 18, 2015) – Northwest Federal Credit Union recently held a free college financing seminar, open to members and the public, providing financial education about one of the largest expenses facing families in the Washington D.C. metro area.The credit union offers private loans through their partnership with Credit Union Student Choice, a company started by credit unions to give members a fair-value student loan option, but sees great importance in educating members aboutmore...
  • Aug 25
    HERNDON, Va.--(BUSINESS WIRE)--On Thursday, August 27, 2015 at 10:00 am, Chris McDonald, President/CEO of Northwest Federal Credit Union, will host a ribbon-cutting ceremony to celebrate the expansion of the credit union’s newly-expanded Lending Center. Joining McDonald will be The Honorable Congresswoman Barbara Comstock, 10th District of Virginia, Bob Ashdown from LINK, Inc. (Northwest Federal’s Summertime Food Drive partner organization), andmore...
  • Aug 20
    HERNDON, Va.--(BUSINESS WIRE)--Northwest Federal Credit Union Foundation, the charitable arm of Northwest Federal Credit Union, is addressing summertime shortages at local area food pantries. The Foundation’s second annual Summertime Food Drive is aimed at raising non-perishable items and monetary donations throughout the month of August. “Hunger is a very real problem in Northern Virginia. Fairfax and Loudoun Counties have two of themore...
  • Aug 03
    Herndon, Va. (August 3, 2015) – Northwest Federal Credit Union’s charitable arm, the NWFCU Foundation, recently awarded $100K in scholarships to 20 members as part of the Foundation’s annual Ben DeFelice Scholarship program.Named for the Credit Union’s longest-serving Board Chairman, the program recognizes students who demonstrate leadership skills and dedication to their schools and communities. On the 10th anniversary of the program, Northwest Federal’s President/CEO, Chris McDonald,more...