Jim McCarthy To Lead Northwest Federal Credit Union

Portland, OR — The Board of Directors of Northwest Resource Federal Credit Union is pleased to announce that Jim McCarthy has been named President/CEO. Jim assumes his new position on April 4, 2011 and will be the fifth CEO in Northwest Resource’s 76-year history.

“We are very excited to welcome Jim as our new CEO and as a member of the Northwest Resource team,” said Board Chair Richard Conner. “Jim brings to us a host of key skills to lead our organization in the continued effort to offer the highest level of quality financial services available.”

Jim has over 13 years of experience with TwinStar Credit Union in Olympia, WA. He has served as VP Strategic Planning for the past eight years, overseeing asset liability management, new program development, mergers, MCIF, and the annual strategic business plan. Jim is a graduate of St. Martin’s University in Olympia with a degree in Accounting and Finance. He also graduated from Western CUNA Management School with high honors.

“I would like to thank the Board of Directors for placing their confidence in me,” said Jim. “I am really looking forward to working with the staff and Board to grow the credit union and to continue building high quality member relationships in the short and long term.”

Northwest Resource Federal Credit Union is a not-for-profit financial cooperative established in 1935 as the credit union for NW Natural employees. Today, Northwest Resource has $91 million in assets and is federally chartered to serve NW Natural employees and their families, as well as the employees and families of other organizations approved for the field of membership. In addition, people who live, work, worship, or attend school in Portland’s central city neighborhoods are also eligible to join. For more information, visit www.nrfcu.org or call 503.220.2592 or 800.942.9408 (in OR & WA).