Headquartered in Santa Rosa, Redwood Credit Union is a not-for-profit, Member-owned credit union chartered by the state of California. RCU was established in 1950 as Sonoma County Employees Credit Union by 7 County employees who pooled their funds to provide affordable loans to each other. Today, RCU is over $2.2 billion in assets and serves nearly 230,000 consumers and businesses in northern California. Members, which are people who live or work in California's North Bay and San Francisco area, can enjoy the convenience of 18 branches, 30,000 fee-free ATMs and a host of online services.
RCU provides affordable financial services that get you or your business on the road to financial well-being. RCU's services include checking, savings, investments, loan products, credit cards, insurance, auto center and brokerage services as well as free online services. When you join RCU you'll enjoy a wide range of benefits, including free or dividend-bearing checking (plus a reward-earning Visa debit card), a variety of dividend-earning savings accounts, money markets and certificates, and low rates on auto, RV, personal, home and business loans and lines of credit. Rest assured that your deposits are federally insured to at least $250,000 by the NCUA.