REDSTONE

220 WYNN DR
Huntsville, AL 35893

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 7544
Date Established 1951
Assets $4,706.11 million
Loans $1,897.14 million
Deposits $4,154.71 million
Capital $541.34 million

Redstone is an NCUA insured institution located in Huntsville, AL. It was founded in 1951 and has approximately $4706.11 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

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 - September 22, 2018

Your Current Location: Virginia, VA 20146

CD Rates (Share Certificate Rates) APY MIN MAX
06MCD10K
1.77% $1,000 $99,999 Learn MoreShow Less
Savings Rates (Share Account Rates) APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.93% $5 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.75% $5 - Learn MoreShow Less
MM Rates APY MIN MAX
MM2.5K
1.00% $2,000 $4,999 Learn MoreShow Less
MM25K
1.11% $5,000 $49,999 Learn MoreShow Less

Loan Rates - September 22, 2018

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 3.99% 3.99% $737.99 Learn MoreShow Less
5 Year 4.15% 4.15% $462.11 Learn MoreShow Less
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:
Ashburn,Virginia


Redstone Locations

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
2.57% 6.94

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 March 31, 2018, Redstone had $13,362,288 in non-current loans and $1,024,651 in owned assets. To cover these potential losses it had $541,338,035 in net worth and $19,358,150 in loans loss reserves. That gives it a Texas Ratio of 2.57%.

Net Worth
Redstone U.S. Average
11.5% 13.08%

Redstone FCU has a net worth of 11.5% versus the BestCashCow average of 13.08. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions On Redstone

What is Redstone?

A federal credit union, registered with the NCUA under certificate #7544.
Learn more about credit unions here.

Is Redstone FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Redstone?

Please see Field of Membership information above for information on who is eligible to join.

What are Redstone's share account and share certificate rates?

Redstone's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Redstone?

Redstone has total capital of $541.34 million. Full information on Redstone's financial position is located above.

Who owns Redstone?

Credit Unions are owned by their members.

Where are Redstone branches located?

See branch locations nearby.

Are Redstone ATMs Open 24/7?

Do Redstone ATMs accept cash deposits?

Can Redstone customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Redstone have a mobile app?

Does Redstone have mobile deposit?

Does Redstone have quick pay?

How can Redstone transfer money to other banks or credit unions?

Does Redstone report to credit bureaus?

Does Redstone use Chexsystems?

Does Redstone use Equifax?

What is Redstone's toll free phone number?

What is Redstone's ACH Routing Number?

What is Redstone's SWIFT code?

Where can I find Redstone's wire transfer form?

What is the Redstone address for deposits?

What Products Does Redstone Offer

Does Redstone offer mortgages?

Compare mortgage rates here.

Does Redstone offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Redstone offer auto and RV loans?

Compare auto loan rates here.

Does Redstone offer student loans or personal loans?

Compare personal loan rates here.

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