Redwood Credit Union

3033 Cleveland Avenue
Santa Rosa, CA 95403
(800) 479-7928
www.redwoodcu.org

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Redwood Credit Union is headquartered in Santa Rosa and is the 11^st largest credit union in the state of California. It is also the 64^th largest credit union in the nation. It was established in 1950 and as of December of 2012, it had grown to 387 employees and 224,188 members. Redwood Credit Union has a 5-star health rating.

NCR's Self-Serv ATMs For Redwood CU (Forum) - 8/8/2011

From Zacks NCR Corp. recently announced that it will provide 30 SelfServ Automated Teller Machines (ATM) to Redwood Credit Union. Financial details of the deal were not divulged. Under the deal with Redwood, NCR will provide the credit union with Se

Competitive 22-Month CD Rate at Redwood Credit Union in CA - Local Only - 5/14/2010

Redwood Credit Union has some competitive rates on its CDs with terms of 22 to 25 months. The rates range from 2.10% APY for a $1K minimum deposit to 2.30% APY for a $100K minimum. These same rates a ...

5.56% 12-Month CD at a California CU (Redwood) - 6/12/2007

Redwood Credit Union is offering a 5.56% APY 12-month certficate. The minimum deposit is $1,000. This yield requires that you have an active checking account. Without this, the rate is 0.25% lower.Field of membership includes those who live or work in...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Redwood Credit Union Checking Account Rates

Apy	Min	Max	Product
0.10%	$2,500	-	High Balance Dividend Earning Checking
0.10%	$500	-	Active Business Checking
0.10%	$500	-	Business Premium Checking
0.05%	$500	-	Dividend Earning Checking

Redwood Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%	$50k	-	Health Share Savings Account
0.10%	$100	-	Holiday Share
0.10%	$100	-	Regular Share
0.10%	$100	-	Special Share
0.10%	-	-	Build Your Own Savings
0.10%	$100	-	Business Savings Share

Redwood Credit Union Money Market Rates

Apy	Min	Max	Product
0.25%	$50k	-	IRA Balance Money Market
0.25%	$50k	-	Business Balance Money Market
0.25%	$50k	-	Personal Balance Money Market
0.25%	$50k	-	Roth IRA Balance Money Market
0.10%	$100	-	Money Market Growth IRA
0.10%	$100	-	Money Market Growth
0.10%	$10k	-	Advantage Plus Money Market
0.10%	$100	-	Money Market Growth Roth IRA
0.10%	$100	-	Business Money Market Growth

Redwood Credit Union CD Rates

Apy	Min	Max	Product
1.25%	$1k	-	60 Month CD with Active Checking
1.25%	$1k	-	Business 60 Month CD with Active Checking
0.80%	$1k	-	60 Month CD
0.80%	$1k	-	Business 60 Month CD
0.60%	$1k	-	36 Month CD with Active Checking
0.60%	$1k	-	Business 36 Month CD with Active Checking
0.40%	$1k	-	22 - 25 Month CD with Active Checking
0.40%	$1k	-	Business 22 - 25 Month CD with Active Checking
0.35%	$1k	-	12 - 17 Month CD with Active Checking
0.35%	$1k	-	18 - 21 Month CD with Active Checking
0.35%	$1k	-	Business 12 - 17 Month CD with Active Checking
0.35%	$1k	-	Business 18 - 21 Month CD with Active Checking
0.30%	$1k	-	9 - 11 Month CD with Active Checking
0.30%	$1k	-	Business 9 - 11 Month CD with Active Checking
0.25%	$1k	-	36 Month CD
0.25%	$1k	-	6 - 8 Month CD with Active Checking
0.25%	$1k	-	Business 6 - 8 Month CD with Active Checking
0.25%	$1k	-	Business 36 Month CD
0.15%	$1k	-	3 - 5 Month CD with Active Checking
0.15%	$1k	-	Business 3 - 5 Month CD with Active Checking
0.10%	$1k	-	22 - 25 Month CD
0.10%	$1k	-	Business 22 - 25 Month CD
0.05%	$1k	-	3 - 5 Month CD
0.05%	$1k	-	6 - 8 Month CD
0.05%	$1k	-	9 - 11 Month CD
0.05%	$1k	-	12 - 17 Month CD
0.05%	$1k	-	18 - 21 Month CD
0.05%	$1k	-	Business 3 - 5 Month CD
0.05%	$1k	-	Business 6 - 8 Month CD
0.05%	$1k	-	Business 9 - 11 Month CD
0.05%	$1k	-	Business 12 - 17 Month CD
0.05%	$1k	-	Business 18 - 21 Month CD

Redwood Credit Union IRA Rates

Apy	Min	Max	Product
1.25%	$1k	-	60 Month CESA with Active Checking
1.25%	$1k	-	60 Month IRA with Active Checking
1.25%	$1k	-	60 Month Roth IRA with Active Checking
1.25%	$1k	-	60 Month SEP IRA with Active Checking
0.80%	$1k	-	60 Month IRA
0.80%	$1k	-	60 Month Roth IRA
0.80%	$1k	-	60 Month CESA
0.80%	$1k	-	60 Month SEP IRA
0.60%	$1k	-	36 Month CESA with Active Checking
0.60%	$1k	-	36 Month IRA with Active Checking
0.60%	$1k	-	36 Month Roth IRA with Active Checking
0.60%	$1k	-	36 Month SEP IRA with Active Checking
0.40%	$1k	-	22 - 25 Month CESA with Active Checking
0.40%	$1k	-	22 - 25 Month IRA with Active Checking
0.40%	$1k	-	22 - 25 Month Roth IRA with Active Checking
0.40%	$1k	-	22 - 25 Month SEP IRA with Active Checking
0.35%	$1k	-	12 - 17 Month CESA with Active Checking
0.35%	$1k	-	12 - 17 Month IRA with Active Checking
0.35%	$1k	-	12 - 17 Month Roth IRA with Active Checking
0.35%	$1k	-	12 - 17 Month SEP IRA with Active Checking
0.35%	$1k	-	18 - 21 Month CESA with Active Checking
0.35%	$1k	-	18 - 21 Month IRA with Active Checking
0.35%	$1k	-	18 - 21 Month Roth IRA with Active Checking
0.35%	$1k	-	18 - 21 Month SEP IRA with Active Checking
0.30%	$1k	-	9 - 11 Month CESA with Active Checking
0.30%	$1k	-	9 - 11 Month IRA with Active Checking
0.30%	$1k	-	9 - 11 Month Roth IRA with Active Checking
0.30%	$1k	-	9 - 11 Month SEP IRA with Active Checking
0.25%	$1k	-	36 Month IRA
0.25%	$1k	-	36 Month Roth IRA
0.25%	$1k	-	36 Month CESA
0.25%	$1k	-	36 Month SEP IRA
0.25%	$1k	-	6 - 8 Month CESA with Active Checking
0.25%	$1k	-	6 - 8 Month IRA with Active Checking
0.25%	$1k	-	6 - 8 Month Roth IRA with Active Checking
0.25%	$1k	-	6 - 8 Month SEP IRA with Active Checking
0.15%	$1k	-	3 - 5 Month CESA with Active Checking
0.15%	$1k	-	3 - 5 Month IRA with Active Checking
0.15%	$1k	-	3 - 5 Month Roth IRA with Active Checking
0.15%	$1k	-	3 - 5 Month SEP IRA with Active Checking
0.10%	$1k	-	22 - 25 Month IRA
0.10%	$1k	-	22 - 25 Month Roth IRA
0.10%	$1k	-	22 - 25 Month CESA
0.10%	$1k	-	22 - 25 Month SEP IRA
0.05%	$1k	-	3 - 5 Month IRA
0.05%	$1k	-	6 - 8 Month IRA
0.05%	$1k	-	9 - 11 Month IRA
0.05%	$1k	-	12 - 17 Month IRA
0.05%	$1k	-	18 - 21 Month IRA
0.05%	$1k	-	3 - 5 Month Roth IRA
0.05%	$1k	-	6 - 8 Month Roth IRA
0.05%	$1k	-	9 - 11 Month Roth IRA
0.05%	$1k	-	12 - 17 Month Roth IRA
0.05%	$1k	-	18 - 21 Month Roth IRA
0.05%	$1k	-	3 - 5 Month CESA
0.05%	$1k	-	3 - 5 Month SEP IRA
0.05%	$1k	-	6 - 8 Month CESA
0.05%	$1k	-	6 - 8 Month SEP IRA
0.05%	$1k	-	9 - 11 Month CESA
0.05%	$1k	-	9 - 11 Month SEP IRA
0.05%	$1k	-	12 - 17 Month CESA
0.05%	$1k	-	12 - 17 Month SEP IRA
0.05%	$1k	-	18 - 21 Month CESA
0.05%	$1k	-	18 - 21 Month SEP IRA

Rates updated: 5/20/2013

Data for Q4 2012

Institution Statistics

REDWOOD
NCUA #	60793
BankRate Report	View
Year Chartered	1950
Employees	387
Primary Regulator
Assets and Liabilities
Assets	$2.11 billion
Loans	$1.46 billion
Deposits	$1.90 billion
Equity Capital	$184.78 million
Loan Loss Allowance	$34.53 million
Unbacked Noncurrent Loans	$13.01 million
Real Estate Owned	$2.10 million
Historic Data - December 2011
Assets	$1.93 billion
Equity Capital	$152.94 million
Loan Loss Allowance	$44.04 million
Unbacked Noncurrent Loans	$34.67 million
Real Estate Owned	$2.00 million
Profit Margin - Quarterly
Net Interest Margin	4.64%
Return on Assets	1.52%
Return on Equity	17.32%
Interest Income	$74.02 million
Non-Interest Income	$35.78 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Redwood Credit Union had $15.11 million in non-current loans and owned real-estate with $219.3 million in equity and loan loss allowances on hand to cover it. This gives Redwood Credit Union a Texas Ratio of 6.89% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Redwood Credit Union decreased significantly from 18.61% as of December 31, 2011 to 6.89% as of December 31, 2012, resulting in a positive change of 62.98%.This indicates that the balance sheet and financial strength for Redwood Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Redwood Credit Union has increased its total deposits by $138.38 million, resulting in 7.85% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Redwood Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Redwood Credit Union has $2.11 billion in assets with $219.3 million in equity, resulting in a capitalization level of 10.40%, which is above average.