Redstone Federal Credit Union (or RFCU) is a federally chartered credit union based in Huntsville, Alabama. RFCU is Alabama's largest credit union and is regulated and insured through the National Credit Union Administration (NCUA) RFCU serves more than 350,000 members through 20 branches across North Alabama and Tennessee. RFCU has over $3 billion USD in assets. RFCU is ranked the 38th largest credit union in the United States by assets and 18th by membership as of 2010.
In 2009, RFCU had a 5-Star superior rating by BauerFinancial. Only 17% of the nation's credit unions have held this distinction for as long as RFCU.
History
Redstone Federal Credit union was chartered 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, which was stored in a shoebox at the credit union's first office located at the arsenal. Membership restrictions were later lifted and today, the credit union's members are located all over the world.
Services
Products and services offered by Redstone Federal Credit Union include savings and checking accounts, business services for sole proprietorships, and investment and insurance services. The credit union also has a real estate department which offers mortgage products and home equity loans. Redstone Federal Credit Union has over 85 ATM's located throughout its service area.
References
External links
- Official website
- [1]
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