Featured Savings Rates
Featured Accounts

Redstone Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.31%5-year CD60 Month Regular Share Certificate (Compounding)
1.00%4-year CD48 Month Regular Share Certificate (Compounding)
0.85%3-year CD36 Month Regular Share Certificate (Compounding)

Overview / Commentary
256-837-6110
220 Wynn Dr
Huntsville, AL 35893

Redstone Federal Credit Union is headquartered in Huntsville and is the largest credit union in the state of Alabama. It is also the 34th largest credit union in the nation. It was established in 1951 and as of March of 2016, it had grown to 826 employees and 383,768 members at 25 locations. Redstone Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to those who are employed by or members of a select group of businesses and organizations and to immediate family of eligible or existing members.
See current membership details

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Reviews (2)

Redstone

Posted by: Justin14 | Jun 21, 2014

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.

A Bit Slow, But Personable.

Posted by: ispringer | Mar 3, 2011

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.



Health
A+

Health Grade Components

Overall
NCUA #7544
Year Chartered1951
Employees826
Primary Regulator
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD6.49%
Annual Interest Income$27.1MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$4.34B$3.86B
LoansQ1 2016vs Q1 2015$1.37B$1.27B
DepositsQ1 2016vs Q1 2015$3.53B$3.34B
Equity CapitalQ1 2016vs Q1 2015$455.5MM$433.1MM
Loan Loss AllowanceQ1 2016vs Q1 2015$16.7MM$17.8MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$3.8MM$8.2MM
Real Estate OwnedQ1 2016vs Q1 2015$267.00K$1.3MM
Rates
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* 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--IRA Savings
0.15%--Regular Share Account
0.15%$500-“You Name It” Share Account
0.15%--Christmas Club Share Account
0.15%--Endeavor Savings

Redstone Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$5k*-Money Market Share Account
OTHER TIERS: 0.15% $2k - $5k
0.20%*$5k*-Endeavor Money Market
OTHER TIERS: 0.15% $2k - $5k

Redstone Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$50k*-Endeavor Plus Checking
OTHER TIERS: 0.10% $2k - $5k | 0.15% $5k - $50k

Redstone Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.71%--84 Month Member's Choice MemberPlus! Share Certificate (Compounding)
1.71%$1k-84 Month MemberPlus Regular Share Certificate (Compounding)
1.71%$100k-84 Month MemberPlus Jumbo Share Certificate (Compounding)
1.70%--84 Month Member's Choice MemberPlus! Share Certificate (Non Compounding)
1.70%$1k-84 Month MemberPlus Regular Share Certificate (Non-Compounding)
1.70%$100k-84 Month MemberPlus Jumbo Share Certificate (Non-Compounding)
1.61%$100k-60 Month MemberPlus Jumbo Share Certificate (Compounding)
1.60%$100k-60 Month MemberPlus Jumbo Share Certificate (Non-Compounding)
1.56%$1k-60 Month MemberPlus Regular Share Certificate (Compounding)
1.56%$1k-60 Month Member's Choice MemberPlus! Share Certificate (Compounding)
1.55%$1k-60 Month MemberPlus Regular Share Certificate (Non-Compounding)
1.55%$1k-60 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding)
1.46%--84 Month Member's Choice Share Certificate (Compounding)
1.46%$1k-84 Month Regular Share Certificate (Compounding)
1.46%$100k-84 Month Jumbo Share Certificate (Compounding)
1.45%--84 Month Member's Choice Share Certificate (Non Compounding)
1.45%$1k-84 Month Regular Share Certificate (Non-Compounding)
1.45%$100k-84 Month Jumbo Share Certificate (Non-Compounding
1.36%$100k-60 Month Jumbo Share Certificate (Compounding)
1.36%$100k-48 Month MemberPlus Jumbo Share Certificate (Compounding)
1.35%$100k-48 Month MemberPlus Jumbo Share Certificate (Non-Compounding)
1.35%$100k-60 Month Jumbo Share Certificate (Non-Compounding)
1.31%$1k-60 Month Regular Share Certificate (Compounding)
1.31%$1k-60 Month Member's Choice Share Certificate (Compounding)
1.30%$1k-60 Month Regular Share Certificate (Non-Compounding)
1.30%$1k-60 Month Member's Choice Share Certificate (Non-Compounding)
1.26%$1k-48 Month MemberPlus Regular Share Certificate (Compounding)
1.26%$1k-48 Month Member's Choice MemberPlus! Share Certificate (Compounding)
1.25%$1k-48 Month MemberPlus Regular Share Certificate (Non-Compounding)
1.25%$1k-48 Month Member's Choice MemberPlus! Share Certificate (Non-Compounding)
1.16%$100k-36 Month MemberPlus Jumbo Share Certificate (Compounding)
1.15%$100k-36 Month MemberPlus Jumbo Share Certificate (Non-Compounding)
1.11%$100k-48 Month Jumbo Share Certificate (Compounding)
1.10%$1k-36 Month MemberPlus Regular Share Certificate (Compounding)
1.10%$1k-36 Month MemberPlus Regular Share Certificate (Non-Compounding)
1.10%$100k-48 Month Jumbo Share Certificate (Non-Compounding)
1.10%$1k-36 Month Member's Choice MemberPlus! Share Certificate (Non Compounding)
1.10%$1k-36 Month Member's Choice MemberPlus! Share Certificate (Compounding)
1.00%$1k-48 Month Regular Share Certificate (Compounding)
1.00%$1k-48 Month Regular Share Certificate (Non-Compounding)
1.00%$1k-48 Month Member's Choice Share Certificate (Compounding)
1.00%$1k-48 Month Member's Choice Share Certificate (Non-Compounding)
0.90%$100k-36 Month Jumbo Share Certificate (Compounding)
0.90%$100k-36 Month Jumbo Share Certificate (Non-Compounding)
0.85%$1k-36 Month Regular Share Certificate (Compounding)
0.85%$1k-36 Month Regular Share Certificate (Non-Compounding)
0.85%$1k-36 Month Member's Choice Share Certificate (Compounding)
0.85%$1k-36 Month Member's Choice Share Certificate (Non Compounding)
0.80%$100k-24 Month MemberPlus Jumbo Share Certificate (Compounding)
0.80%$1k-24 Month MemberPlus Regular Share Certificate (Compounding)
0.80%$100k-24 Month MemberPlus Jumbo Share Certificate (Non-Compounding)
0.80%$1k-24 Month MemberPlus Regular Share Certificate (Non-Compounding)
0.60%$100k-18 Month MemberPlus Jumbo Share Certificate (Compounding)
0.60%$1k-18 Month MemberPlus Regular Share Certificate (Compounding)
0.60%$100k-18 Month MemberPlus Jumbo Share Certificate (Non-Compounding)
0.60%$1k-18 Month MemberPlus Regular Share Certificate (Non-Compounding)
0.55%$1k-24 Month Regular Share Certificate (Compounding)
0.55%$100k-24 Month Jumbo Share Certificate (Compounding)
0.55%$100k-12 Month MemberPlus Jumbo Share Certificate (Compounding)
0.55%$1k-12 Month MemberPlus Regular Share Certificate (Compounding)
0.55%$100k-12 Month MemberPlus Jumbo Share Certificate (Non-Compounding)
0.55%$1k-12 Month MemberPlus Regular Share Certificate (Non-Compounding)
0.55%$100k-24 Month Jumbo Share Certificate (Non-Compounding)
0.55%$1k-24 Month Regular Share Certificate (Non-Compounding)
0.35%$1k-18 Month Regular Share Certificate (Compounding)
0.35%$100k-18 Month Jumbo Share Certificate (Compounding)
0.35%$100k-6 Month MemberPlus Jumbo Share Certificate (Compounding)
0.35%$1k-6 Month MemberPlus Regular Share Certificate (Compounding)
0.35%$100k-6 Month MemberPlus Jumbo Share Certificate (Non-Compounding)
0.35%$1k-6 Month MemberPlus Regular Share Certificate (Non-Compounding)
0.35%$100k-18 Month Jumbo Share Certificate (Non-Compounding)
0.35%$1k-18 Month Regular Share Certificate (Non-Compounding)
0.30%$1k-12 Month Regular Share Certificate (Compounding)
0.30%$100k-12 Month Jumbo Share Certificate (Compounding)
0.30%$100k-12 Month Jumbo Share Certificate (Non-Compounding)
0.30%$1k-12 Month Regular Share Certificate (Non-Compounding)
0.10%$1k-6 Month Regular Share Certificate (Compounding)
0.10%$100k-6 Month Jumbo Share Certificate (Compounding)
0.10%$100k-6 Month Jumbo Share Certificate (Non-Compounding)
0.10%$1k-6 Month Regular Share Certificate (Non-Compounding)

Redstone Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.71%$500-84 Month MemberPlus IRA Certificate
1.56%$500-60 Month MemberPlus IRA Certificate
1.46%$500-84 Month IRA Certificate
1.31%$500-60 Month IRA Certificate
1.26%$500-48 Month MemberPlus IRA Certificate
1.10%$500-36 Month MemberPlus IRA Certificate
1.00%$500-48 Month IRA Certificate
0.85%$500-36 Month IRA Certificate
0.80%$500-24 Month MemberPlus IRA Certificate
0.60%--18 Month MemberPlus IRA Certificate
0.55%$500-24 Month IRA Certificate
0.55%--12 Month MemberPlus IRA Certificate
0.35%--18 Month IRA Certificate
0.30%--12 Month IRA Certificate
Locations

Redstone Federal Credit Union has 25 locations. Click to view all Redstone Federal Credit Union locations.