Redstone Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.56% | 5-year CD | 60 Month Jumbo Share Certificate (Compounding) 2.25% - Ally Bank High Yield 5 Year CD |
| 1.41% | 4-year CD | 48 Month Regular Share Certificate (Compounding) |
| 1.26% | 3-year CD | 36 Month Regular Share Certificate (Compounding) 1.60% - Ally Bank High Yield 3 Year CD |
Redstone Federal Credit Union is headquartered in Huntsville and is the largest credit union in the state of Alabama. It is also the 33rd largest credit union in the nation. It was established in 1951 and as of June of 2017, it had grown to 900 employees and 401,866 members at 25 locations. Redstone Federal Credit Union's money market rates are 36% higher than the national average, and it boasts an A+ health rating.
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.
See current membership details
Related Posts
Best Bank for local Huntsville Economy!
Red Stone Federal Credit Union is a local bank out of Huntsville, AL. It's an adorable small bank with a lot of care. Each worker helps you out as much as possible with every question or problem. A lot of them know you by name and will help you get set up with many of the bank's banking options. On top of that, Their mobile app is super easy to use and it's TREMENDOUSLY helpful. Once you get the hang of it, You may find that local businesses offer 10% discounts/cashback for using the banking card making this a wonderful experience for everyone including the local Huntsville economy. I have never felt like I needed to change banks since I became a member!
Redstone
I have been using this Credit Union for almost 12 years now. They have treated me fairly and always been helpful in resolving any problems that I have encountered while banking with them. I have overdraft protection and security notifications which have made keeping track of my money and protecting it very easy. The only draw back that I have encountered is that they have not expanded the amount of branches that they have. They are solely located in Northern Alabama which can be a problem when I am travelling or conducting business throughout the State.
Redstone Federal Credit Union Review
Redstone Federal Credit Union is a small credit union that is mainly local to Huntsville, Alabama. My experience with this bank was short, only about 8 months. The overall customer service at the Bank was fantastic. However, the interest rates on their money market accounts and other savings accounts were simply not competitive. Likewise, their home loan products and car loan products were not any better than Wells Fargo. The bank simply offered me no benefits that other banks do not do better. Thus, I removed my money from the money market account that I opened at Redstone Federal Credit Union in favor of a high interest rate savings account at Ally Bank.
A Bit Slow, But Personable.
Redstone has been my alternate credit union for about a decade now. While there aren't many branches, or even free ATM's they are worth being a member of if you are local. They have an actual free checking account, with no minimum balance, and a decent interest rate on savings accounts as well.
Don't expect banking via your smartphone. There is a website, but it is... a bit clunky still. It has improved drastically, but still not up to the standards of the larger banks. On the other hand, you can talk to a human over the phone without going through an automated maze. If you have a problem they are quick to help as well.
If you need a simple small town bank they are hard to beat. No frills, but then again no random $15 "convenience" fees mysteriously showing up either. If you need a loan they are helpful, and don't drown you in paperwork either.
Not very glitzy, but more than adequate.
Redstone -The Walmart Of Banking
redstone credit is a local concern in a poor state -Alabama- it is run by a clique of people who practice the worst form of nepotism this side of the mafia-instead of rewarding depositors with better rates they pocket profits to the president and all the vice presidents and assorted henchmen- I went to the meridianville branch and waited in line 30 minutes to see a teller because they are too worried about profits to hire front office staff- the big boy of this dog and pony show makes a hefty six figure salary not including perks and bonuses!- if you don't mind waiting in line forever and middle of the road is good enough -as long as the owners put up with this -this is how it will be -wake up members force a change!
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7544 |
| Year Chartered | 1951 |
| Employees | 900 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.89% |
| Return on Equity - YTD | 9.06% |
| Annual Interest Income | $65.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $4.81B$4.40B |
| Loans | Q2 2017vs Q2 2016 | $1.69B$1.43B |
| Deposits | Q2 2017vs Q2 2016 | $3.88B$3.55B |
| Equity Capital | Q2 2017vs Q2 2016 | $476.3MM$461.1MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $16.2MM$16.6MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $3.4MM$4.0MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $511.00K$263.00K |
Always verify rates and promotions with the bank or credit union. We are not Redstone 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.
Redstone Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.45% | - | - | IRA Savings | |
| 0.45% | - | - | Regular Share Account | |
| 0.45% | $500 | - | “You Name It” Share Account | |
| 0.45% | - | - | Christmas Club Share Account | |
| 0.45% | - | - | Endeavor Savings |
Redstone Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $100k* | - | Money Market Share Account | ||
| OTHER TIERS: 0.45% → $2k - $5k | 0.50% → $5k - $50k | 0.55% → $50k - $100k | |||||
| 0.60%* | $100k* | - | Endeavor Money Market | ||
| OTHER TIERS: 0.45% → $2k - $5k | 0.50% → $5k - $50k | 0.55% → $50k - $100k | |||||
Redstone Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%* | $50k* | - | Endeavor Plus Checking | ||
| OTHER TIERS: 0.10% → $2k - $5k | 0.15% → $5k - $50k | |||||
Redstone Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.92% | $100k | - | 144 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.91% | $1k | - | 144 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.91% | $1k | - | 144 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.90% | $1k | - | 144 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.90% | $1k | - | 144 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 1.90% | $100k | - | 144 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.87% | $100k | - | 120 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.86% | $1k | - | 120 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.86% | $1k | - | 120 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.86% | $100k | - | 108 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.85% | $1k | - | 108 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.85% | $1k | - | 120 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.85% | $100k | - | 96 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.85% | $1k | - | 108 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.85% | $1k | - | 120 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 1.85% | $100k | - | 120 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.84% | $100k | - | 84 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.84% | $1k | - | 96 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.84% | $1k | - | 108 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.84% | $1k | - | 96 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.84% | $1k | - | 108 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 1.84% | $100k | - | 108 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.83% | $1k | - | 84 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.83% | $1k | - | 84 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.83% | $1k | - | 96 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.83% | $100k | - | 72 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.83% | $1k | - | 96 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 1.83% | $100k | - | 96 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.82% | $1k | - | 84 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.82% | $1k | - | 84 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 1.82% | $100k | - | 84 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.82% | $1k | - | 72 Month MemberPlus Share Certificate (Compounding) | |
| 1.82% | $1k | - | 72 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.81% | $100k | - | 60 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.81% | $1k | - | 60 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.81% | $1k | - | 60 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.81% | $1k | - | 72 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.81% | $1k | - | 72 Month MemberPlus Share Certificate (Non-Compounding) | |
| 1.81% | $100k | - | 72 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.80% | $100k | - | 60 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.80% | $1k | - | 60 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 1.80% | $1k | - | 60 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.66% | $100k | - | 48 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.66% | $1k | - | 48 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.66% | $1k | - | 48 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.66% | $1k | - | 144 Month Member's Choice Share Certificate (Compounding) | |
| 1.66% | $1k | - | 144 Month Regular Share Certificate (Compounding) | |
| 1.66% | $100k | - | 144 Month Jumbo Share Certificate (Compounding) | |
| 1.65% | $100k | - | 48 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.65% | $1k | - | 48 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 1.65% | $1k | - | 48 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.65% | $1k | - | 144 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.65% | $1k | - | 144 Month Regular Share Certificate (Non-Compounding) | |
| 1.65% | $100k | - | 144 Month Jumbo Share Certificate (Non-Compounding) | |
| 1.61% | $1k | - | 120 Month Member's Choice Share Certificate (Compounding) | |
| 1.61% | $1k | - | 120 Month Regular Share Certificate (Compounding) | |
| 1.61% | $100k | - | 120 Month Jumbo Share Certificate (Compounding) | |
| 1.60% | $1k | - | 108 Month Member's Choice Share Certificate (Compounding) | |
| 1.60% | $1k | - | 120 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.60% | $1k | - | 108 Month Regular Share Certificate (Compounding) | |
| 1.60% | $1k | - | 120 Month Regular Share Certificate (Non-Compounding) | |
| 1.60% | $100k | - | 108 Month Jumbo Share Certificate (Compounding) | |
| 1.60% | $100k | - | 120 Month Jumbo Share Certificate (Non-Compounding) | |
| 1.59% | $1k | - | 96 Month Member's Choice Share Certificate (Compounding) | |
| 1.59% | $1k | - | 96 Month Regular Share Certificate (Compounding) | |
| 1.59% | $100k | - | 96 Month Jumbo Share Certificate (Compounding) | |
| 1.59% | $1k | - | 108 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.59% | $1k | - | 108 Month Regular Share Certificate (Non-Compounding) | |
| 1.59% | $100k | - | 108 Month Jumbo Share Certificate (Non-Compounding) | |
| 1.58% | $1k | - | 84 Month Member's Choice Share Certificate (Compounding) | |
| 1.58% | $1k | - | 84 Month Regular Share Certificate (Compounding) | |
| 1.58% | $100k | - | 84 Month Jumbo Share Certificate (Compounding) | |
| 1.58% | $1k | - | 96 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.58% | $1k | - | 96 Month Regular Share Certificate (Non-Compounding) | |
| 1.58% | $100k | - | 96 Month Jumbo Share Certificate (Non-Compounding) | |
| 1.57% | $1k | - | 84 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.57% | $1k | - | 84 Month Regular Share Certificate (Non-Compounding) | |
| 1.57% | $100k | - | 84 Month Jumbo Share Certificate (Non-Compounding | |
| 1.57% | $1k | - | 72 Month Member's Choice Share Certificate (Compounding) | |
| 1.57% | $1k | - | 72 Month Regular Share Certificate (Compounding) | |
| 1.57% | $100k | - | 72 Month Jumbo Share Certificate (Compounding) | |
| 1.56% | $1k | - | 60 Month Regular Share Certificate (Compounding) | |
| 1.56% | $100k | - | 60 Month Jumbo Share Certificate (Compounding) | |
| 1.56% | $1k | - | 60 Month Member's Choice Share Certificate (Compounding) | |
| 1.56% | $1k | - | 72 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.56% | $1k | - | 72 Month Regular Share Certificate (Non-Compounding) | |
| 1.56% | $100k | - | 72 Month Jumbo Share Certificate (Non-Compounding) | |
| 1.55% | $100k | - | 60 Month Jumbo Share Certificate (Non-Compounding) | |
| 1.55% | $1k | - | 60 Month Regular Share Certificate (Non-Compounding) | |
| 1.55% | $1k | - | 60 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.51% | $100k | - | 36 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.51% | $1k | - | 36 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.51% | $1k | - | 36 Month Member's Choice MemberPlus! Share Certificate (Compounding) | |
| 1.50% | $100k | - | 36 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.50% | $1k | - | 36 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 1.50% | $1k | - | 36 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding) | |
| 1.41% | $1k | - | 48 Month Regular Share Certificate (Compounding) | |
| 1.41% | $100k | - | 48 Month Jumbo Share Certificate (Compounding) | |
| 1.41% | $1k | - | 48 Month Member's Choice Share Certificate (Compounding) | |
| 1.40% | $100k | - | 48 Month Jumbo Share Certificate (Non-Compounding) | |
| 1.40% | $1k | - | 48 Month Regular Share Certificate (Non-Compounding) | |
| 1.40% | $1k | - | 48 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.26% | $1k | - | 36 Month Regular Share Certificate (Compounding) | |
| 1.26% | $100k | - | 36 Month Jumbo Share Certificate (Compounding) | |
| 1.26% | $1k | - | 36 Month Member's Choice Share Certificate (Compounding) | |
| 1.25% | $100k | - | 36 Month Jumbo Share Certificate (Non-Compounding) | |
| 1.25% | $1k | - | 36 Month Regular Share Certificate (Non-Compounding) | |
| 1.25% | $1k | - | 36 Month Member's Choice Share Certificate (Non-Compounding) | |
| 1.11% | $100k | - | 24 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 1.10% | $1k | - | 24 Month MemberPlus Regular Share Certificate (Compounding) | |
| 1.10% | $100k | - | 24 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 1.10% | $1k | - | 24 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 0.95% | $100k | - | 18 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 0.95% | $1k | - | 18 Month MemberPlus Regular Share Certificate (Compounding) | |
| 0.95% | $100k | - | 18 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 0.95% | $1k | - | 18 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 0.85% | $1k | - | 24 Month Regular Share Certificate (Compounding) | |
| 0.85% | $100k | - | 24 Month Jumbo Share Certificate (Compounding) | |
| 0.85% | $100k | - | 12 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 0.85% | $1k | - | 12 Month MemberPlus Regular Share Certificate (Compounding) | |
| 0.85% | $100k | - | 12 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 0.85% | $1k | - | 12 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 0.85% | $100k | - | 24 Month Jumbo Share Certificate (Non-Compounding) | |
| 0.85% | $1k | - | 24 Month Regular Share Certificate (Non-Compounding) | |
| 0.70% | $1k | - | 18 Month Regular Share Certificate (Compounding) | |
| 0.70% | $100k | - | 18 Month Jumbo Share Certificate (Compounding) | |
| 0.70% | $100k | - | 18 Month Jumbo Share Certificate (Non-Compounding) | |
| 0.70% | $1k | - | 18 Month Regular Share Certificate (Non-Compounding) | |
| 0.65% | $100k | - | 6 Month MemberPlus Jumbo Share Certificate (Compounding) | |
| 0.65% | $1k | - | 6 Month MemberPlus Regular Share Certificate (Compounding) | |
| 0.65% | $100k | - | 6 Month MemberPlus Jumbo Share Certificate (Non-Compounding) | |
| 0.65% | $1k | - | 6 Month MemberPlus Regular Share Certificate (Non-Compounding) | |
| 0.60% | $1k | - | 12 Month Regular Share Certificate (Compounding) | |
| 0.60% | $100k | - | 12 Month Jumbo Share Certificate (Compounding) | |
| 0.60% | $100k | - | 12 Month Jumbo Share Certificate (Non-Compounding) | |
| 0.60% | $1k | - | 12 Month Regular Share Certificate (Non-Compounding) | |
| 0.40% | $1k | - | 6 Month Regular Share Certificate (Compounding) | |
| 0.40% | $100k | - | 6 Month Jumbo Share Certificate (Compounding) | |
| 0.40% | $100k | - | 6 Month Jumbo Share Certificate (Non-Compounding) | |
| 0.40% | $1k | - | 6 Month Regular Share Certificate (Non-Compounding) |
Redstone Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.91% | $500 | - | 144 Month MemberPlus IRA Certificate | |
| 1.86% | $500 | - | 120 Month MemberPlus IRA Certificate | |
| 1.85% | $500 | - | 108 Month MemberPlus IRA Certificate | |
| 1.84% | $500 | - | 96 Month MemberPlus IRA Certificate | |
| 1.83% | $500 | - | 84 Month MemberPlus IRA Certificate | |
| 1.82% | $500 | - | 72 Month MemberPlus IRA Certificate | |
| 1.81% | $500 | - | 60 Month MemberPlus IRA Certificate | |
| 1.66% | $500 | - | 48 Month MemberPlus IRA Certificate | |
| 1.66% | $500 | - | 144 Month IRA Certificate | |
| 1.61% | $500 | - | 120 Month IRA Certificate | |
| 1.60% | $500 | - | 108 Month IRA Certificate | |
| 1.59% | $500 | - | 96 Month IRA Certificate | |
| 1.58% | $500 | - | 84 Month IRA Certificate | |
| 1.57% | $500 | - | 72 Month IRA Certificate | |
| 1.56% | $500 | - | 60 Month IRA Certificate | |
| 1.51% | $500 | - | 36 Month MemberPlus IRA Certificate | |
| 1.41% | $500 | - | 48 Month IRA Certificate | |
| 1.26% | $500 | - | 36 Month IRA Certificate | |
| 1.10% | $500 | - | 24 Month MemberPlus IRA Certificate | |
| 0.95% | - | - | 18 Month MemberPlus IRA Certificate | |
| 0.85% | $500 | - | 24 Month IRA Certificate | |
| 0.85% | - | - | 12 Month MemberPlus IRA Certificate | |
| 0.70% | - | - | 18 Month IRA Certificate | |
| 0.60% | - | - | 12 Month IRA Certificate |
