Redwood Credit Union

Rated star_ratedstar_ratedstar_ratedstar_ratedstar_normal by CUHub
Review based on 12 criteria Rating: 4 out of 5

PO Box 6104, Santa Rosa, CA 95406

Website

(800) 479-7928

Data Source: NCUA, December 31, 2016


Redwood Credit Union was founded in 1950. Headquartered in Santa Rosa, California, Redwood Credit Union is a state chartered and federally insured credit union, being chartered in California and insured through the National Credit Union Share Insurance Fund (NCUSIF). Redwood Credit Union is also a member of the Federal Home Loan Bank (FHLB) , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Redwood Credit Union services 226,538 members through its 16 offices and branches and 482 full-time and 33 part-time employees. It has $3,287,602,445 of total assets and $388,305,894 of net worth. Based on its asset size and net worth ratio, Redwood Credit Union is classified as a Well Capitalized large credit union.

Redwood Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Redwood Credit Union also provides an array of services to its members and local communities. Redwood Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Redwood Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in California and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of California
Median of USA
Checking
0.0500
0.0000
0.0000
Savings
0.1000
0.1000
0.1200
Money Market
0.2000
0.1900
0.2500
Certificate Deplit
0.8000
0.5500
0.5800
IRA
0.8000
0.4500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of California
National Median Rates
Credit Cards
9.7400
10.0400
9.9900
Unsecured Line of Credits
11.9900
10.9900
10.9500
Short-term Small Amount
n/a
28.0000
25.0000
Student Loans
n/a
5.7500
6.0200
New Car Loans
1.9400
3.0000
3.3300
Used Car Loans
2.4400
3.7400
4.5000
1st Mortgage Real Estates
3.2500
4.0300
4.2500
Other Real Estates
4.9900
4.7400
4.7000

Redwood Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Redwood Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
Yes
View Account History
Yes
No

As a community financial institution, Redwood Credit Union actively involves in local communities by prliding services such as financial counseling , financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
2911 Cleveland
2911 Cleveland Ave
Santa Rosa, CA 95403
Phone:

Cleveland Branch
Main Office

3033 Cleveland Ave
Santa Rosa, CA 95403-2126
Phone:800-479-7928

Cloverdale Branch
1129 S Cloverdale Blvd
Cloverdale, CA 95425-4481
Phone:800-479-7928

Dutton
1205 N Dutton Ave
Santa Rosa, CA 95401
Phone:707-525-3905

Fourth Street Branch
2763 4th St
Santa Rosa, CA 95405-4726
Phone:800-479-7928

Mendocino Avenue Branch
2360 Mendocino Ave Suite A4
Santa Rosa, CA 95403
Phone:800-479-7928

Napa Branch
1705 1st St
Napa, CA 94559-2427
Phone:800-479-7928

Novato Branch
1010 Grant Ave
Novato, CA 94945-3112
Phone:800-479-7928

Petaluma Branch
301 N Mcdowell Blvd
Petaluma, CA 94954-2308
Phone:800-479-7928

Rohnert Park Branch
250 Rohnert Park Expy
Rohnert Park, CA 94928-2138
Phone:800-479-7928

San Francisco-van Ness Branch
1390 Market St
San Francisco, CA 94102
Phone:800-479-7928

San Rafael Branch
209 3rd St
San Rafael, CA 94901-3546
Phone:800-479-7928

Sebastopol
7840 Covert Ln
Sebastopol, CA 95472
Phone:707-545-4000

Sonoma
500 W Napa St #500
Sonoma, CA 95476
Phone:707-935-2312

The Point Arena
280 Main Street
Point Arena, CA 95468
Phone:800-479-7928

Ukiah Branch
195 Orchard Plz
Ukiah, CA 95482-5013
Phone:800-479-7928

Windsor Branch
8945 Brooks Rd S Suite 111
Windsor, CA 95492-7851
Phone:800-479-7928

(707) 568-3972

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  1. Cuhub Staff
    Cuhub Staff

    Last Updated on May 30, 2017

    May 30, 2017 at 10:23 pm

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