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Northwest Municipal Federal Credit Union

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Northwest Municipal Federal Credit Union Rates & Review September 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Northwest Municipal Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 23, 2026

Northwest Municipal Federal Credit Union's RV, Boat and Powersport Loan Rates are as low as 9.99%. MonitorBankRates evaluates the financial stability of Northwest Municipal Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.13%. Rates last updated and verified on 09/23/2026.

Northwest Municipal Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Northwest Municipal Federal Credit Union? Share your experience about Northwest Municipal Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Northwest Municipal Federal Credit Union.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

0.13%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Northwest Municipal Federal Credit Union
Main Office

1420 Miner St
Des Plaines, IL 60016

https://www.mynmfcu.com

Northwest Municipal Federal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
Auto/Truck 2019 - 2023	-	-	8.49%	60 months
Details Used Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Auto/Truck 2018 or older	-	-	9.49%	60 months
Details Used Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%

Northwest Municipal Federal Credit Union RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term
Motorcycle/snowmobile/personal watercraft 2024-2026 Loan	-	9.99%	60 months
Details New/Used Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Motorcycle/snowmobile/personal watercraft 2020-2023 Loan	-	10.49%	60 months
Details Used Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Boats/motor homes/travel trailers/campers 2022-2026 Loan	-	10.99%	120 months
Details New/Used. 100% of total cost of vehicle including tax, title, document fee, before trade-in. Dealers invoice must accompany loan application except for pre-approval. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Motorcycle/snowmobile/personal watercraft 2019 or older Loan	-	11.49%	60 months
Details Used Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Boats/motor homes/travel trailers/campers 2021 or older Loan	-	11.99%	96 months
Details New/Used. 100% of Wholesale value. The Credit Union requires an independent written and signed appraisal on dealer's letterhead or appraisal form, at applicant's expense (must accompany loan applications). Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%

Northwest Municipal Federal Credit Union Personal Loan Rates

Product	APR	Term
Motorcycle/snowmobile/personal watercraft 2024-2026 Loan	9.99%	60 months
Details New/Used Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Motorcycle/snowmobile/personal watercraft 2020-2023 Loan	10.49%	60 months
Details Used Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Motorcycle/snowmobile/personal watercraft 2019 or older Loan	11.49%	60 months
Details Used Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%

Northwest Municipal Federal Credit Union Other Rates

Product	Rate	Points	APY/APR	Term
Mobile homes 2024-2026 Loan	-	-	13.45%	120 months
Details New. Must be appraised by certified appraiser at owner's expense. Must be owner occupied, and be primary redisence. Full insurance coverage is required with credit union listed as loss payee. Published rates are based on credit performance and are subject to change without notice. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Mobile homes used 1-3 years old Loan	-	-	14.47%	84 months
Details Used 1-3 years old. Mobile homes up to 80% of appraised value. Must be appraised by certified appraiser at owner's expense. Must be owner occupied, and be primary redisence. Full insurance coverage is required with credit union listed as loss payee. Published rates are based on credit performance and are subject to change without notice. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Mobile homes used 1-3 years old Loan	-	-	13.99%	60 months
Details Used 1-3 years old. Mobile homes up to 80% of appraised value. Must be appraised by certified appraiser at owner's expense. Must be owner occupied, and be primary redisence. Full insurance coverage is required with credit union listed as loss payee. Published rates are based on credit performance and are subject to change without notice. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Mobile homes used over 3 years old Loan	-	-	13.49%	48 months
Details Used over 3 years old. Mobile homes up to 80% of appraised value. Must be appraised by certified appraiser at owner's expense. Must be owner occupied, and be primary redisence. Full insurance coverage is required with credit union listed as loss payee. Published rates are based on credit performance and are subject to change without notice. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Premium	-	-	0.16%
Min Deposit $500 Min Balance $500 Details Dividend rates are determined by the Board of Directors and subject to change. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%
Premium plus	-	-	0.29%
Min Deposit $2,000 Min Balance $2,000 Details Qualifications Required: Yes**** $250 minimum per month.; Dividend rates are determined by the Board of Directors and subject to change. Last Updated 09/21/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.13%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Northwest Municipal Federal Credit Union’s Texas Ratio stayed near 0.06% in Q2 2023 to 0.13% in Q1 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
March 31, 2026	$40M	0.13%	5.0	A+
December 31, 2025	$40M	0.65%	5.0	A+
September 30, 2025	$39M	0.14%	5.0	A+
June 30, 2025	$39M	0.34%	5.0	A+
March 31, 2025	$38M	0.17%	5.0	A+
December 31, 2024	$38M	0.33%	5.0	A+
September 30, 2024	$37M	0.34%	5.0	A+
June 30, 2024	$38M	0.17%	5.0	A+
March 31, 2024	$38M	0.00%	5.0	A+
December 31, 2023	$38M	0.23%	5.0	A+
September 30, 2023	$38M	0.04%	5.0	A+
June 30, 2023	$38M	0.06%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Northwest Municipal Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Northwest Municipal Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Northwest Municipal Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Northwest Municipal Federal Credit Union

Website https://www.mynmfcu.com

Address 1420 Miner St, Des Plaines, IL 60016

Phone 847-391-5369

Fax 847-391-5479

President Tom Christiansen

CEO NINA AUSKALNIS

Full-Time Employees 4

Part-Time Employees 2

Branch Locations 1

ATM Locations 0

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (100/100)

Texas Ratio

0.13%

Return on Assets (ROA)

0.2048%

Return on Equity (ROE)

1.4823%

Non-Performing Loans Ratio (NPL)

0.04%

Total Assets

40,226,025

Total Amount of Shares and Deposits

34,671,022

Total Shares and Deposits < 1 Year

34,671,022

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

1,934,263

Total Uninsured Shares and Deposits > $250K (F+J)

1,934,263

Total Insured Shares and Deposits > $250K (item 17 less item K)

32,736,759

Total Interest Expense (Sum of items 6 8)

207,581

Number of Accounts for Share Drafts

467

Number of Accounts for Regular Shares

2,228

Net Income (unless the amount is already included in Undivided Earnings)

82,388

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

2,257,690

Total Liabilities

34,668,038

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

Northwest Municipal Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates — no need to download or upload anything.

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Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Frequently Asked Questions About Northwest Municipal Federal Credit Union

How many branches does Northwest Municipal Federal Credit Union operate?

Northwest Municipal Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Northwest Municipal Federal Credit Union?

Yes, to access services at Northwest Municipal Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Northwest Municipal Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Northwest Municipal Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Northwest Municipal Federal Credit Union offer online and mobile banking?

Most modern institutions like Northwest Municipal Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.mynmfcu.com.