Affordable auto loans
"I was able to get a really fantastic rate. I feel like I'm treated like a family member." - Jula P., Member Since 2006
Love where you bank
Redwood Credit Union offers a variety of products and services that are designed with one thing in mind—you. RCU is here to help you on your financial journey every step of the way. Love where you bank.
Featured products and services
Current rates
3/6 ARM Mortgage3
as low as%RATE%APR
Auto Loan4
as low as%APR
Certificates w/active checking5
earn up to%APY
What's new
Achieve your financial goals
Whatever your financial goals are, RCU is here to help with free resources to get your planning started.
Built on love
RCU serves over 400,000 of your friends, family, and neighbors. See what they have to say.
Love my credit union. Great mortgage products, numerous locations, easy phone banking, great online services."
$4 Million in Support
Through sponsorships, fundraising, and support to local nonprofit organizations.
5,739 Community Hours
Total hours RCU team members committed to our communities.
4,018 People Reached
Through financial education programming.
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1Rates effective May 4, 2024. Cash advance transactions and balance transfers are excluded from earning points. All rates, terms and special offers subject to change. Certain restrictions apply. For further information, please refer to the Business Visa Platinum Guide to Benefits.
2Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The credit union has contracted with CFS to make non-deposit investment products and services available to credit union members. The Financial Industry Regulatory Authority (FINRA) Rule 2267 provides for BrokerCheck to allow investors to learn about the professional background, business practices, and conduct of FINRA member firms or their brokers. To request such information, contact FINRA toll-free at 1-800‐289‐9999 or via https://brokercheck.finra.org. An investor brochure describing BrokerCheck is also available through FINRA.
SEC Marketing Disclosure.3Rates are effective May 4, 2024 and are subject to change without notice. Certain restrictions may apply. Maximum Combined Loan to Value (CLTV) for above rates is 95%. Maximum Combined Loan to Value for investment (non owner occupied) is 80%. Rates and max CLTV assumes property is a single unit, primary residence, non-manufactured home. RCU mortgages are available on CA properties only. ARM rates are subject to periodic adjustment after loan closing, per the terms of the note. Calculate Rates & Payments Payment examples provided do not include taxes or insurance, actual amounts may be greater. Non-Closing cost product requires a minimum balance of $200,000, and includes a potential savings of $2,600 in closing costs.
4Rates are effective May 4, 2024 and are subject to change without notice. Certain restrictions may apply. New autos are defined as vehicles with less than 1,000 miles and may be financed up to 125% MSRP, depending on credit history. Used autos must be 15 years old or newer and may be financed up to 125% KBB value, depending on credit history and collateral condition. Calculate Rates & Payments
5 Rates are effective May 4, 2024 and are subject to change without notice. APY=Annual Percentage Yield. Certificate Yields assume dividends remain in account until maturity; penalty imposed for early withdrawal. Fees may reduce earnings. In order to open and maintain this certificate, you must have an active checking account at RCU. Active checking is defined as a checking account having 3 or more transactions per month (excluding telephone teller or dividend posting transactions).
Rates
Short Term Certificate Rates
Short term with active checking
6-8 month certificates
Earn up to

%
APY
Short term without active checking
12-17 month certificates
Earn up to

%
APY
Long Term Certificate Rates
Long term with active checking
18-21 month certificates
Earn up to
4.25
%
APY
Long term without active checking
18-21 month certificates
Earn up to
3.50
%
APY
Auto Loan Rates
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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