Building on our past to keep moving forward.
Freedom Northwest Credit Union was founded in 1963 by a dedicated group of volunteers, and we operated under the name Kamiah Community Credit Union until June 2016. From very humble beginnings, guided by the vision and strong leadership of committed volunteers, we have grown to serve 10,000 members with total assets of $290 million.
We are steadfastly focused on financial strength. As we manage our growth, lending, technology, personal service and member advocacy, every strategic decision is evaluated to ensure that we remain financially strong. In good times and bad, members can rest assured that Freedom Northwest Credit Union is rock solid. We have grown our capital at a rate far above our peers, resulting in our capital position increasing seven-fold over the last 15 years.
These results create safety for depositors and expanded service for all members. With better efficiency than our peers, far lower expenses and sound management of our balance sheet, we are able to pay our members considerably more on deposits, assess considerably fewer fees and offer a level of personal service, flexible decision making, understanding and commitment that have become far too rare in the financial services industry.