Northern Redwood Federal Credit Union is headquartered in Arcata and is the 228th largest credit union in the state of California. It is also the 3,174th largest credit union in the nation. It was established in 1955 and as of June of 2023, it had grown to 6 employees and 3,384 members at 2 locations. Northern Redwood Federal Credit Union's CD rates are 4X the national average, and it has a C+ health rating.
Membership in Northern Redwood Federal Credit Union is open to those who live or work in Humboldt County, California, are a member of Teamster No. 137, or work for Simpson Timber Company or one of its subsidiaries.
See current membership details
Overall | |
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NCUA # | 10362 |
Year Chartered | 1955 |
Employees | 6 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.22% |
Return on Equity - YTD | 2.92% |
Annual Interest Income | $553.00K |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $24.2MM$24.9MM |
Loans | Q2 2023vs Q2 2022 | $18.9MM$18.9MM |
Deposits | Q2 2023vs Q2 2022 | $22.3MM$22.8MM |
Equity Capital | Q2 2023vs Q2 2022 | $1.9MM$2.0MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$69.00K |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $90.00K$148.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Northern Redwood Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.75% | - | - | IRA Share | ||
0.50% | - | - | Youth Savings | ||
0.40%* | $10k* | - | Regular Shares | ||
OTHER TIERS: 0.25% → $25 - $1k | 0.35% → $1k - $10k | |||||
0.25% | - | - | Christmas Club |
Northern Redwood Federal Credit Union Locations | ||
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Branch Office | 1270 Giuntoli Ln | Arcata, CA 95521-4415 |
Branch Office | 903 4th St | Eureka, CA 95501-0517 |