Join us on October 18 for International Credit Union Day® as we pay tribute to the philosophy of “people helping people” and the core principles that separate credit unions from other financial institutions.

 

Here are the ways we are celebrating:

Use an RCU Visa® debit or credit card on October 18, and RCU will donate 25 cents* to local food banks in Sonoma, Napa, Marin, Lake, Mendocino and San Francisco counties. Don’t have an RCU Visa® Card? Visit redwoodcu.org/visa.

San Francisco Marin Food Bank Redwood Empire Food Bank Napa Valley Food Bank

Follow our FacebookTwitter, and Pinterest pages for credit union trivia contests for cash prizes, plus our informative and entertaining YouTube and LinkedIn pages.

Visit our branches on October 18 for snacks and give-aways, while supplies last.


See below how credit unions have positively impacted the whole world and our corner of it!

 

 

70 years of Accomplishments



From Europe…

Friedrich Wilhelm Raiffeisen

It all started with Friedrich Wilhelm Raiffeisen, a German mayor who conceived the idea of cooperative self-help. In observing the suffering of farmers who were often in the grip of loan sharks, he was inspired in 1864 to found the first cooperative lending bank, in effect the first rural credit union.



To the United States…

St Mary's BookThe first credit union in the United States was in Manchester, New Hampshire and was founded in 1909 by French-speaking immigrants from Canada, aided by Alphonse Desjardins and Edward Filene. The name of the credit union was St. Mary's Cooperative Credit Association. Attorney Joseph Boivin managed the credit union as a volunteer, out of his home in the evenings. (Credit unions are still run by volunteer boards.)



To Santa Rosa, California…

Sonoma County Employees Credit UnionIn 1950, employees of the County of Sonoma in California came together to form a credit union. They primarily wanted to provide bridge loans to each other to make ends meet between paychecks. The articles of incorporation were signed in January of 1950 and the charter was received on February 21st of that same year, officially creating the Sonoma County Employees Credit Union.

On September 14, 1982, the Sonoma County Employees Credit Union was renamed Redwood Credit Union to reflect the growing demand for services throughout the Redwood Empire.


And Beyond!

In 1981, a small group of visionary California credit unions combined resources to create the CO-OP Network. At that time, proprietary bank ATMs would not serve credit unions or their members. Through this cooperative financial entity, one of the firstCO-OP Financial Services independent ATM networks was organized for the credit union community. Today, the CO-OP ATM network gives Members access to 30,000 ATMs, more than what’s available to customers of even the largest bank.

As of 2018, we have 68,000 credit unions in the world and just about everyone can join. In the case of Redwood Credit Union, if you live or work in San Francisco or the North Bay, you can bank with RCU. It’s more convenient than you may think—all those ATMs, plus mobile and online banking, so you can bank and get money just about anywhere!



If you’re worried that credit unions are too small to protect your accounts, have no fear. Credit union deposits are federally insured up to $250,000 by the NCUA—the same amount the FDIC insures at banks. 



RCU has personalized solutions for your financial needs, whatever they may be.
Credit unions are truly for everyone, and that’s why we’re celebrating 70 years of people helping people!

 

*Promotion subject to change. RCU will donate $0.25 to local food banks in Sonoma, Napa, Marin, Lake, Mendocino and San Francisco counties for each card transaction performed by RCU Members. Program details are effective on 10/18/2018. Purchases with an RCU card are not tax deductible. Visa® debit and credit card purchases only. ATM withdrawals, transfers and business account transactions excluded.

Contest Ad -NO PURCHASE OR OBLIGATION NECESSARY TO ENTER OR WIN. Void where prohibited. Employees of RCU and/or RCUSG, volunteer Officials and their family members not eligible to win.

Federally insured by NCUA

Banks vs Credit Unions

Banks vs Credit Unions

Who Offers More Free ATMs Nationwide?

ATM Infographic

Savings Without the Workout

Checking Comparison Chart

Join RCU Today

RCU Logo

Welcome!

Get started now

Join Now OR Check Status

If you're interested in opening a Business, Trust, or other type of account, please visit your nearest branch.

Redwood Credit Union serves anyone living, working or owning a business in California’s Northern Bay Area, which includes the counties of Sonoma, Marin, Napa, Mendocino, Lake, San Francisco, Contra Costa and Solano. We look forward to serving you!

Compare & Save

ATM Access Comparison

Compare ATM Access

Are you tired of paying a fee when you use an ATM from another bank? RCU is part of the CO-OP Network, giving you convenient FREE access to more than 30,000 ATMs at other credit unions, 7-Eleven and Costco locations. That’s more than any bank! 1

ATM Info Chart

Compare & Save

Comparison Chart

Compare Nationwide ATM Access

Are you tired of paying a fee when you use an ATM from another bank? RCU is part of the CO-OP Network, giving you convenient FREE access to more than 30,000 ATMs at other credit unions, 7-Eleven and Costco locations. That’s more than any bank! 1

Redwood Credit Union logo

Wells Fargo

Bank of America

Chase

ATM Access

FREE
31,
000+  locations nationwide
3 free per month for
non-RCU/CO-OP ATMs 2

Free at 12,000+ locations nationwide
$2.50 per transaction at non-Wells Fargo ATMs

Free at 17,000+ locations nationwide
$2.50 per transaction at non-B of A ATMs

Free at 20,000 locations nationwide
$2 per transaction at non-Chase ATMs

1 Fee & ATM information collected from bank websites 8/13/14
2 $1 each thereafter

Top 4 Credit Union Myth Busters

Myth #1: Credit unions are exactly the same as banks

Truth: Credit unions provide the same services as banks, but we do it differently. Banks exist to earn profits for their stockholders. A credit union is owned and run by its members as a cooperative, which means our focus is on people, not profits. For you, that means fewer and lower fees, better rates and exceptional service.

Myth #2: You can’t get a variety of products and services

Truth: Credit unions offer the same range of financial services as a bank, like debit and credit cards, online banking, mobile apps, auto loans and more. The difference is credit unions have fewer fees and lower rates – we use our profits to save you money.

Myth #3: Credit unions are not convenient

Truth: Remember paying a fee when you use an ATM from another bank? RCU is part of the CO-OP Network, giving you convenient FREE access to more than 30,000 ATMs at other credit unions, 7-Eleven and Costco locations. That’s more than any bank! Plus, you can do many transactions online or on your phone without ever having to visit a branch.

Myth #4: Only some people can join a credit union

Truth: While credit unions are chartered to serve specific regions or communities, nearly everyone is eligible to join and benefit.

Now you know the truth. Come experience the difference & bank easier with RCU!

Personal Loan Rate Tiers

High Balance Dividend Earning Checking

Dividend Bearing Checking Rates

HSA Rates

Special Savings Rates

Savings Rates

Solar Loan Credit Lending

Compare Mortgage Options

 

First Mortgages

Equity Loans

Reverse Mortgages

Features

  • Home loans for purchase or refinance
  • Loans for primary residence, second homes and investment properties
  • Low rates on fixed and variable loans
  • Low down payment options
  • Loans up to $2 million

 

  • Home equity loans and lines of credit available
  • Loans for primary residence, second homes and investment properties
  • Low fixed and variable rate options
  • Loans up to $500,000

 

  • Unique loan that allows homeowner convert a portion of home’s equity into cash
  • Can provide income for retirement and estate planning
  • Reverse loans are available for Members 62 years and older
  • Loans available regardless of income
  • Amount borrowed depends on factors such as value of home, current interest rate and borrower’s age

 

To Learn More or Apply

Call our helpful mortgage experts at 1 (800) 609-9009.

Visa Promotion

Visa Holiday Infographic
Fee & term information reflect non-introductory rates, and national averages collected from CreditCards.com 12/2/13 and based off of a 48-month repayment period.

Choose Account Type

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Welcome!

Choose the Type of Account You Wish to Open

Personal  Youth

Already Started?

To complete your application, log in

If you're interested in opening a Business, Trust, or other type of account, please visit your nearest branch.

Login Help

Need Help Logging in to RCU Online?

If you’ve forgotten your RCU Online banking Username, password, or other login information, follow the directions below to get help now.

Sign up today for RCU Online banking.

enroll now

Still need help?

Contact our Member Service Center at 1 (800) 479-7928, Monday through Friday from 7am to 8pm or Saturday from 8am to 5pm PST.

Join RCU Today

RCU Logo

Welcome!

Get started now

Join Now OR Check Status

If you're interested in opening a Business, Trust, or other type of account, please visit your nearest branch.

Redwood Credit Union serves anyone living, working or owning a business in California’s Northern Bay Area, which includes the counties of Sonoma, Marin, Napa, Mendocino, Lake, San Francisco, Contra Costa and Solano. We look forward to serving you!

Choose Account Type

RCU Logo

Welcome!

Choose the Type of Account You Wish to Open

Personal  Youth

Already Started?

To complete your application, log in

If you're interested in opening a Business, Trust, or other type of account, please visit your nearest branch.

Login Help

Need Help Logging in to RCU Online?

If you’ve forgotten your RCU Online banking Username, password, or other login information, follow the directions below to get help now.

Sign up today for RCU Online banking.

enroll now

Still need help?

Contact our Member Service Center at 1 (800) 479-7928, Monday through Friday from 7am to 8pm or Saturday from 8am to 5pm PST.