Redstone Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_ratedstar_normal by Credit Guide
Review based on 12 criteria Rating: 4 out of 5

220 Wynn Dr, Huntsville, AL 35893

Website

(256) 837-6110

Data Source: NCUA, December 31, 2016


Redstone Federal Credit Union was founded in 1951. Headquartered in Huntsville, Alabama, Redstone Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Redstone Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Redstone Federal Credit Union services 390,985 members through its 27 offices and branches and 856 full-time and 14 part-time employees. It has $4,685,994,731 of total assets and $485,389,613 of net worth. Based on its asset size and net worth ratio, Redstone Federal Credit Union is classified as a Well Capitalized large credit union.

Redstone Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Redstone Federal Credit Union also provides an array of services to its members and local communities. Redstone Federal Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Redstone Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Alabama and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Alabama
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.1500
0.2500
0.1200
Money Market
0.3100
0.3000
0.2500
Certificate Deplit
0.7000
0.6000
0.5800
IRA
0.1500
0.6000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Alabama
National Median Rates
Credit Cards
8.2500
9.9900
9.9900
Unsecured Line of Credits
9.2900
12.3550
10.9500
Short-term Small Amount
26.0000
26.0000
25.0000
Student Loans
n/a
6.0000
6.0200
New Car Loans
2.8200
4.0000
3.3300
Used Car Loans
3.3400
5.3300
4.5000
1st Mortgage Real Estates
3.1300
4.5000
4.2500
Other Real Estates
5.0000
5.0000
4.7000

Redstone Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Redstone Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
Yes
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
No
View Account History
Yes
No

As a community financial institution, Redstone Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
6th Avenue Branch
1807 6th Ave Se
Decatur, AL 35601
Phone:256-837-6110

Arab Branch
1069 N Main St
Arab, AL 35016
Phone:256-837-6110

Athens Branch
1703 Jefferson St Se
Athens, AL 35611
Phone:256-837-6110

Beltline Branch
2319 Beltline Rd Sw
Decatur, AL 35601
Phone:256-837-6110

Big Cove Branch
6416 Highway 431 S
Big Cove, AL 35763
Phone:256-837-6110

Bradford Annex
5015 Bradford Dr Nw
Huntsville, AL 35805-1943
Phone:256-837-6110

County Line Rd
12157 County Line Rd
Madison, AL 35758
Phone:256-837-6110

East Athens Branch Location
22485 Us Highway 72
Athens, AL 35613
Phone:256-837-6110

Fayetteville Branch
110 Bluff Dr
Fayetteville, TN 37334
Phone:256-837-6110

Fortress Blvd Branch
1141 Fortress Blvd Ste A
Murfreesboro, TN 37128-5568
Phone:37128

Guntersville Branch
14218 Us Highway 431 Southgate Plaza Unit A
Guntersville, AL 35976
Phone:256-837-6110

Hartselle Branch
1415 Main St E
Hartselle, AL 35640
Phone:256-837-6110

Highway 53 Branch
6056 Highway 53
Harvest, AL 35749
Phone:256-837-6110

Hobbs Road Branch
11800 Memorial Pkwy Sw
Huntsville, AL 35803
Phone:256-837-6110

Madison Branch
3752 Sullivan St
Madison, AL 35758
Phone:256-837-6110

Madison Us Highway 72 Branch
4005 Lawson Ridge Dr
Madison, AL 35757
Phone:256-837-6110

Main Office
220 Wynn Dr
Huntsville, AL 35893
Phone:256-837-6110

Meridianville Branch
12256 Highway 231 431 N
Meridianville, AL 35759
Phone:256-837-6110

Mills Road Branch
Building 5216
Redstone Arsenal, AL 35808
Phone:256-837-6110

North Parkway Branch
3501 Memorial Pkwy Nw
Huntsville, AL 35810
Phone:256-837-6110

Redstone Arsenal Branch
Bldg 3227
Redstone Arsenal, AL 35808
Phone:256-837-6110

Scottsboro Branch
23149 John T Reid Pkwy
Scottsboro, AL 35768
Phone:256-837-6110

South Parkway Branch
3309 Memorial Pkwy Sw
Huntsville, AL 35801
Phone:256-837-6110

South Rutherford Blvd Branch
1749 S Rutherford Blvd
Murfreesboro, TN 37130-5957
Phone:

Weatherly Road Branch
1430 Weatherly Rd Se
Huntsville, AL 35803
Phone:256-837-6110

Winchester Road Branch
1396 Winchester Rd Ne
Huntsville, AL 35811
Phone:256-837-6110




(256) 722-8399

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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