Two years and $51 million later: The little credit union that could
SEATTLE, WA (April 29, 2015) — April marks the two-year anniversary of Shelli Millhuff taking the helm at the small, Seattle credit union that serves Nordstrom employees and their family members.
“I came from Watermark Credit Union. We were one of the biggest credit unions in Washington State. I was used to having large budgets and staff and resources”, says Millhuff.
Two years into it, Millhuff understands that you don’t need big marketing spends or fancy branches to achieve great things.
“In March, we finally passed the $50 million threshold. We’ve been serving members since 1936 so this is a very exciting milestone for us.”
In addition to hitting $51.2 million in assets, the credit union has also welcomed almost 900 new members into the credit union family.
“The thing that makes me most proud is our lending program. We’ve lent over $15 million to our local community in the last two years. That represents almost 1,000 people who now have a new car, new house or other of life’s necessities. We are pretty proud of that.”
Small credit unions, like Nordstrom Federal Credit Union, play an integral part to the financial health and well-being of many Seattle residents and Nordstrom employees across the US. To find out more about Nordstrom Federal Credit Union, visit www.nordcu.com.