Northwest Federal Credit Union

The company began in 1947 as the CIA Federal Credit Union to service civilian employees of the Central Intelligence Agency. Plans for an agency-specific credit union were initially outlined in August, under the CIA's predecessor Central Intelligence Group, and approved on August 12 by Director Roscoe H. Hillenkoetter. The Federal Deposit Insurance Corporation formally accepted the union's creation on November 19.{{cite web|url=https://www.cia.gov/readingroom/docs/CIA-RDP81-00314R000600120001-7.pdf|title=CIA Federal Credit Union|work=Central Intelligence Agency|date=April 18, 2000|access-date=October 21, 2024|format=PDF}}

Its membership was expanded to include CIA workers in other fields in 1950, while military personnel attached to the agency became eligible six years later. Retired employees were permitted to remain with the credit union in 1970. With the increased scope, the firm was renamed Northwest Federal Credit Union on March 14, 1955, while the headquarters were moved from Washington, D.C., to McLean, Virginia, in 1962. Although the NWFCU continued to cover CIA employees following the name change and its documents can be subject to Freedom of Information Act requests, it is independent from the agency and has rejected CIA inquiries into employee financial information under the Privacy Act of 1974.{{cite news |last=Maxa |first=Rudy |author-link=Rudy Maxa |url=https://www.newspapers.com/article/the-santa-fe-new-mexican-spy-expert-spea/157515474/ |title=Spy expert speaks out |newspaper=The Santa Fe New Mexican |via=Newspapers.com |date=October 2, 1977 |access-date=October 21, 2024}}{{cite news|url=https://www.newspapers.com/article/the-pittsburgh-press-bankrupt-us-worke/157515172/|title=Bankrupt U.S. workers may be vulnerable|agency=AP|newspaper=The Pittsburgh Press|via=Newspapers.com|date=June 9, 1986|access-date=October 21, 2024}} Northwest's philanthropic arm has maintained a partnership with the Central Intelligence Retirees Association since 2007 to provide scholarships for the children and grandchildren of CIRA members.{{cite news|url=https://www.nwfcufoundation.org/our-programs/community-education/scholarship-applications-now-available|title=Scholarship Applications Now Available|work=Northwest Federal Credit Union Foundation|access-date=October 21, 2024}}

In May 2018, Northwest acquired the naming rights for the playing surface at Pfitzner Stadium in Woodbridge, Virginia, renaming it to Northwest Federal Field at Pfitzner Stadium.{{cite news|url=https://www.milb.com/news/fieldnamingrights-275052036|title=P-Nats Announce Field Naming Rights Partnership with Northwest Federal Credit Union|work=Minor League Baseball|date=May 3, 2018|access-date=October 21, 2024}} Six years later, in August 2024, NWFCU agreed to an eight-year deal with the Washington Commanders to sponsor Northwest Stadium in Landover, Maryland.{{Cite web |title=Washington Commanders and Northwest Federal Credit Union Announce Stadium Naming-Rights Deal |url=https://www.commanders.com/news/washington-commanders-and-northwest-federal-credit-union-announce-stadium-naming-rights-deal |access-date=August 27, 2024 |date=August 27, 2024 |website=Washington Commanders |language=en-US}}{{Cite news |last=Standig |first=Ben |title=Commanders to play at Northwest Stadium after signing naming rights deal |url=https://www.nytimes.com/athletic/5726184/2024/08/27/commanders-stadium-naming-rights-deal/ |access-date=August 27, 2024 |date=August 27, 2024 |work=The Athletic |publisher=The New York Times Company |language=en-US |issn=0362-4331}}

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• {{Official|https://www.nwfcu.org}}

Category:1947 establishments in Virginia

Category:Credit unions based in Virginia

Category:Banks established in 1947