Redstone Federal Credit Union
Company type | Credit Union |
|---|---|
| Industry | Financial services |
| Founded | 1951 |
| Headquarters | Huntsville, Alabama, United States |
Area served | North Alabama/Central Tennessee |
Key people | Joseph H. Newberry, President and CEO |
| Products | Savings; Checking; Consumer loans; Mortgages; Credit cards; Investments; Insurance; Small business financing; Cash management |
| Total assets | $7.5 billion USD[1] |
Number of employees | 1,357 (2025[2]) |
| Subsidiaries | Redstone Services Group, LLC; Redstone Title Services |
| Website | www |
Redstone Federal Credit Union (or RFCU) is an American credit union based in Huntsville, Alabama. Founded in 1951, Redstone is one of Alabama's largest credit union and is federally chartered, regulated and insured through the National Credit Union Administration (NCUA).[3][1] As of 2021[update], Redstone Federal Credit Union operated 27 branches across Alabama and Tennessee.[4]
History
Redstone opened on November 28, 1951, in order to serve employees of the Redstone Arsenal. The credit union's initial membership consisted of eleven individuals with assets totaling $55.[5]
In 2018, Redstone Federal Credit Union was recognized as the Credit Union of the Year by the National Association of Federally Insured Credit Unions.[6]
Services
Products and services offered by Redstone Federal Credit Union include savings and checking accounts, small business financing and cash management solutions, and investment and insurance services.[citation needed] The credit union also contains a real estate department which offers mortgage products and home equity loans.[citation needed] Redstone Federal Credit Union members also have access to over 75,000 ATMs located throughout the United States.[citation needed]
References
- ^ a b Hatcher, Cindy (23 January 2026). "75 years + 75 ways Alabama's largest credit union has shaped Huntsville". Hville Blast.
- ^ "Redstone Federal Credit Union (RFCU)". Forbes.
- ^ "Alabama Credit Unions". NCUSO.org. Retrieved 2023-09-26.
- ^ "Top 100 U.S. Credit Unions by Asset Size". Retrieved September 16, 2010.
- ^ "Redstone Federal Credit Union". Archived from the original on 2015-09-11.
- ^ "Redstone Federal Credit Union wins Credit Union of the Year". WHNT.com. Nexstar Media Inc. 20 June 2018. Retrieved 19 June 2022.
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