Redstone surpasses 400,000 members; adds new products, services

Redstone Federal Credit Union® surpassed 400,000 members in June 2017 and continues to climb toward 425,000 members and $5 billion in assets.

With more than $4.7 billion in assets, Redstone is the largest member-owned financial institution in Alabama and one of the largest federal credit unions in the nation by assets.

Over the past several years, Redstone has increased its product offerings and opened new branches by expanding its geographic footprint in North Alabama and Middle Tennessee.

“Our member growth represents Redstone’s continued commitment to member service, community outreach and products that meet our members’ needs, ‘’ said Joseph Newberry, Redstone’s President and CEO. “We are certainly excited about the growth. However, we never forget that we are here to help our members reach their financial goals,’’ Newberry said.

Redstone members can access Redstone’s varied products at any of its 26 branches, through its call center, online or at its interactive teller machines. The credit union and its employees are active in the seven counties where its branches are located and supports those communities through volunteerism, sponsorships and partnerships with local non-profits and community groups.

Several national sites have recognized Redstone for offering excellent products and services. Magnify Money said Redstone has the best CD rates.

Bankrate.com searches the nation’s largest credit unions and found Redstone’s Easy Checking to be one of the best.

See these and other findings below:

Magnify Money names Redstone Best Credit Union CD rates for August 2018

Magnify Money names Redstone one of best credit union CD rates for May 2018

Bankrate.com names Redstone’s Easy Checking one of the best