Redstone Federal Credit Union

Headquarters

220 Wynn Dr
Huntsville, AL 35893
See all branch locations →

Phone 1-256-837-6110

Notable Rates APY Vs.Others
Savings 0.10% 1.02% →
1-Year CD 0.15% 1.52% →
2-Year CD 0.17% 2.31% →
5-Year CD 0.26% 3.00% →
30-Year Mortgage 3.92% 2.81% →
15-Year Mortgage 3.33% 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Redstone is an NCUA insured institution located in Huntsville, AL. It was founded in 1951 and has approximately $7408.29 millions in assets.

Who can join?

Three ways you may qualify for membership:

1: If you have an immediate, eligible family or household member who's already an RFCU member

2: If you belong to an eligible club or organization that offers RFCU membership.

3: If your employer offers RFCU membership

There are more than 1,400 clubs, organizations and employers who offer RFCU membership.Check out the Service Group list to find one which makes you eligible to become a member of Redstone Federal Credit Union.

Service Group List
https://www.redfcu.org/about/current-service-groups.aspx

NCUA Insured Yes / Federally Chartered
Charter Number # # 7544
Date Established 1951
Assets $7,408.29 million
Loans $3,157.59 million
Deposits $6,648.70 million
Capital $754.41 million
 

Field of Membership Restrictions

Membership in Redstone Federal Credit Union is open to military and civilian personnel working at Redstone Arsenal, employees of Madison County, members of the National Guard in Madison, Morgan, and Limestone Counties and to over 1,000 local employer groups.

Deposit Rates - May 18, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
12 Mo CD
0.15% $10,000 $14,999 Learn More
12 Mo CD
0.15% $100,000 $199,999 Learn More
18 Mo CD
0.15% $10,000 $14,999 Learn More
18 Mo CD
0.15% $100,000 $199,999 Learn More
24 Mo CD
0.17% $10,000 $14,999 Learn More
24 Mo CD
0.17% $100,000 $199,999 Learn More
36 Mo CD
0.20% $10,000 $14,999 Learn More
36 Mo CD
0.20% $100,000 $199,999 Learn More
48 Mo CD
0.22% $10,000 $14,999 Learn More
48 Mo CD
0.22% $100,000 $199,999 Learn More
60 Mo CD
0.26% $10,000 $14,999 Learn More
60 Mo CD
0.26% $100,000 $199,999 Learn More

Loan Rates - May 18, 2022

Your Current Location: California, CA 92111

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 3.95% 3.95% $737.54
5 Year 3.95% 3.95% $459.85
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


 

Branches

Below are Redstone branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California


Redstone Locations



Climate Initiatives

REDSTONE is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Redstone Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Redstone. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Redstone U.S. Average
3.51% 4.85

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2021, Redstone had $26,762,634 in non-current loans and $878,783 in owned assets. To cover these potential losses it had $754,409,706 in net worth and $32,015,687 in loans loss reserves. That gives it a Texas Ratio of 3.51%.

Net Worth
Redstone U.S. Average
10.18% 12.36%

Redstone FCU has a net worth of 10.18% versus the BestCashCow average of 12.36. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for REDSTONE


  • June 1, 2019

    Yes...

  • June 1, 2019

    Yes...

  • June 1, 2019

    Yes...

Add Your Review

Rate it here →