Northern Redwood Federal Credit Union is headquartered in Arcata and is the 231st largest credit union in the state of California. It is also the 3,192nd largest credit union in the nation. It was established in 1955 and as of December of 2022, it had grown to 7 employees and 3,355 members at 2 locations. Northern Redwood Federal Credit Union has a C health rating.
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
|Return on Assets - YTD||0.3%|
|Return on Equity - YTD||3.61%|
|Annual Interest Income||$1.0MM|
|Assets and Liabilities|
|Assets||Q4 2022vs Q4 2021||$24.8MM$25.2MM|
|Loans||Q4 2022vs Q4 2021||$20.9MM$18.7MM|
|Deposits||Q4 2022vs Q4 2021||$21.5MM$23.0MM|
|Equity Capital||Q4 2022vs Q4 2021||$2.0MM$2.0MM|
|Loan Loss Allowance||Q4 2022vs Q4 2021||$60.00K$72.00K|
|Unbacked Noncurrent Loans||Q4 2022vs Q4 2021||$187.00K$96.00K|
|Real Estate Owned||Q4 2022vs Q4 2021||$0$0|
Rates for Northern Redwood Federal Credit Union are currently being reviewed.
|Northern Redwood Federal Credit Union Locations|
|Branch Office||1270 Giuntoli Ln||Arcata, CA 95521-4415|
|Branch Office||903 4th St||Eureka, CA 95501-0517|