Redwood Credit Union is headquartered in Santa Rosa and is the 6th largest credit union in the state of California. It is also the 32nd largest credit union in the nation. It was established in 1950 and as of March of 2025, it had grown to 901 employees and 391,532 members at 23 locations. Redwood Credit Union's CD rates are 3X the national average, and it boasts an A+ health rating.
Membership in Redwood Credit Union is open to those who live or work in the greater California Northern Bay and San Francisco area, including Contra Costa, Lake, Marin, Mendocino, Napa, San Francisco, Solano, and Sonoma Counties.
See current membership details
Best credit union in California! So trust worthy and helpful :) 100% recommended
Overall | |
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NCUA # | 60793 |
Year Chartered | 1950 |
Employees | 901 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.33% |
Return on Equity - YTD | 10.83% |
Annual Interest Income | $117.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $9.38B$8.92B |
Loans | Q1 2025vs Q1 2024 | $7.05B$6.38B |
Deposits | Q1 2025vs Q1 2024 | $8.17B$7.33B |
Equity Capital | Q1 2025vs Q1 2024 | $1.14B$1.01B |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $104.4MM$95.7MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $40.6MM$34.2MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $1.5MM$198K |
Always verify rates and promotions with the bank or credit union. We are not Redwood 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 | |
---|---|---|---|---|---|
0.15%* | $50k* | - | Business Choice Checking | ||
OTHER TIERS: 0.05% → $5k - $10k | 0.10% → $10k - $50k | |||||
0.10%* | $10k* | - | Dividend Plus Checking | ||
OTHER TIERS: 0.05% → $500 - $10k |