Press Releases

  • Jun 01
    Herndon, Va. (June 1, 2016) – NWFCU Foundation announces its Drive for the Driven fundraising golf event, on August 8, 2016 at the Chantilly National Golf and Country Club in Centreville, VA. All proceeds from the event will benefit the NWFCU Foundation Scholarship Fund. “We recognize that a college degree is an important tool for a successful career, but the increasing cost of attendance makes pursuing higher education more difficult with each passing year,” said Executive Director ofmore...
  • May 31
    Herndon, Va. (May 31, 2016) – Northwest Federal Credit Union recently hosted the Irish League of Credit Unions (ILCU) in partnership with the Virginia Credit Union League and World Council of Credit Unions. The ILCU visited Northwest to learn about the credit union’s mortgage lending program, specifically its best business practices.“Credit unions are cooperative by nature, and it was an honor to share our insight with the ILCU as they consider entering the mortgage loan market,” saidmore...
  • May 13
    Herndon, Va. (May 13, 2016) – Northwest Federal Credit Union sponsored the Florida Literacy Coalition’s Excellence in Education Award, honoring organizations that support adult literacy in Florida. The Florida Literacy Coalition is part of the credit union’s Community Partners Program, which supports local organizations that are important to Northwest Federal members. Here Northwest employee Duane Daski presents the award and a $2,500 grant to Judy Bradshaw, Executive Director of Learn to Readmore...
  • Mar 21
    HERNDON, Va.--(BUSINESS WIRE)--Northwest Federal announces the hiring of Mary Jo Anderson, the credit union’s first Senior Vice President, Member Experience. The new position, reporting directly to Northwest Federal’s President and CEO, Chris McDonald, signals an increased focus and prioritization of member service at every touch point. The credit union recently grew its membership by nearly 20 percent from 2014 to 2015. “Coming into 2016 wemore...
  • Mar 14
    Herndon, Va. (March 14, 2016) – Northwest Federal is investing in STEM (science, technology, engineering and mathematics) literacy for the children of northern Virginia by sponsoring the Children’s Science Center’s Discovery Zone Gallery in the Lab. The credit union’s support backs a hands-on learning environment for up-and-coming scientists five years and under.“We recognize that STEM education is critical for America’s children, especially in Northern Virginia where 51 percent of new jobs inmore...
  • Feb 25
    HERNDON, Va.--(BUSINESS WIRE)--REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union, recently lead the charge to bring the credit union industry real estate escrow accounts. The Credit Union, which exclusively serves members of the National Association of REALTORS® (NAR), worked with the National Credit Union Administration (NCUA) to bring about change in legislation effective January 27, 2016. The credit union will offer thesemore...
  • Feb 02
    HERNDON, Va.--(BUSINESS WIRE)--Northwest Federal’s innovative Community Partners Program closed out 2015 with nine new partnerships ranging from nonprofits supporting the animal rescue to a trail conservation club. The program, unique to credit unions, invests in communities by allowing new members at Northwest to support local nonprofit initiatives. Community Partners are able to use program funds to further their charitable activities rangingmore...
  • Feb 01
    HERNDON, Va.--(BUSINESS WIRE)--Northwest Federal Credit Union Foundation, the philanthropic arm of Northwest Federal Credit Union, is pleased to announce the start of its 2016 scholarship season on February 1. Recognizing the rising cost of college, and the growing student debt problem, at least five of the scholarships awarded this year will be need-based. Additionally, non-members are now welcome to apply. “NWFCU Foundation believesmore...
  • 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...