We’re honored that you trust Redwood Credit Union with your hard-earned money, and we take that trust seriously. Your volunteer Supervisory Committee is responsible for ensuring our Members can rely on RCU’s financial strength and security. We do this by focusing on the accuracy and integrity of RCU’s financial statements, and the safety of our Members’ assets.
As Chair of your Credit Union’s Supervisory Committee, I am pleased to report that RCU continues to be safe, sound, and in excellent financial condition.
The results of our annual opinion audit, conducted by an independent certified public accounting firm, concluded that Redwood Credit Union continues to be a model of financial strength and stability. Our industry regulator, the National Credit Union Administration, also confirmed these findings in their 2017 audit, and Bauer Financial once again gave RCU their highest possible rankings for financial strength in 2017.
We understand the importance of having a safe, sound place where you can save, borrow, and conduct your financial business. We’re committed to ensuring your Credit Union remains strong and financially healthy so you can have peace of mind. On behalf of your Supervisory Committee, it’s an honor to serve you.
Supervisory Committee Chair