Northern Redwood Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.40%	1-year CD	1 Year Share Certificate 1.05% - Ally Bank High Yield 12-Month CD
0.15%	Savings	Savings Account 1.00% - Ally Bank Online Savings Account
1.16%	3-year CD	3 Year Share Certificate 1.55% - Ally Bank High Yield 3 Year CD

View all Northern Redwood Federal Credit Union rates »

Overview / Commentary

northernredwoodfcu.org

707-822-5902

1270 Giuntoli Ln
Arcata, CA 95521

Northern Redwood Federal Credit Union is headquartered in Arcata and is the 270^th largest credit union in the state of California. It is also the 3,576^th largest credit union in the nation. It was established in 1955 and as of June of 2016, it had grown to 5 employees and 2,083 members at 1 location. Northern Redwood Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Humboldt County, are a member of Teamster No. 137, or work for Simpson Timber Company.
See current membership details

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Health

C+

Data as of Q2 2016

Learn more about bank health

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Northern Redwood Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	10362
Year Chartered	1955
Employees	5
Primary Regulator

Profit Margin
Return on Assets - YTD	0.28%
Return on Equity - YTD	3.84%
Annual Interest Income	$350.00K

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$18.0MM$18.4MM
Loans	Q2 2016vs Q2 2015	$12.0MM$10.6MM
Deposits	Q2 2016vs Q2 2015	$16.5MM$17.0MM
Equity Capital	Q2 2016vs Q2 2015	$1.4MM$1.4MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$86.00K$75.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$31.00K$21.00K
Real Estate Owned	Q2 2016vs Q2 2015	$0$0

Rates

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Savings
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northern Redwood Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	-	-	IRA Share Account
0.15%^*	$1k^*	-	Savings Account
OTHER TIERS: 0.10% → $25 - $1k
0.15%	-	-	Roth IRA Share Account
0.15%	-	-	Educational IRA Share Account
0.10%	-	-	Christmas Club

Northern Redwood Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$1k	-	Premier Business
0.01%	-	-	Share Drafts Account

Northern Redwood Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.16%	$1k	-	3 Year Share Certificate
0.90%	$1k	-	2 Year Share Certificate
0.40%	$1k	-	1 Year Share Certificate

Northern Redwood Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.16%	$1k	-	3 Year IRA Certificate
0.90%	$1k	-	2 Year IRA Certificate
0.40%	$1k	-	1 Year IRA Certificate

Locations

Northern Redwood Federal Credit Union Locations
Branch Office	1270 Giuntoli Ln	Arcata, CA 95521-4415