BauerFinancial recognizes Redstone for its financial soundness, member service

Dec. 17, 2021 _ The national bank and credit union rating firm, BauerFinancial Inc., has named Redstone Federal Credit Union® a ‘Best of Bauer Credit Union’ for earning its highest financial soundness rating over 104 consecutive quarters.

To earn the 5-star rating, the credit union must excel under a rigorous, independent analysis of its financial condition, according to Bauer.

“Redstone Federal Credit Union, and like-minded credit unions, are uniquely structured in a way that helps their members’ specific needs. And, since those members are also owners, it comes back full circle to the credit union itself,’ said Karen Dorway, president of Bauer Financial.

Redstone is a ‘’source of strength and stability for its membership,’’ and has been for 70 years, according to the announcement. Redstone has branches in Murfreesboro and Fayetteville, Tenn., and North Alabama.

Over the years, Redstone has built a culture of accountability where each employee is encouraged to do their part to achieve member satisfaction and the overall success of the credit union, said Joe Newberry, Redstone’s President and CEO.

“Two of our core values are soundness and excellence and this recognition by Bauer shows that we are living those values each day,’’ Newberry said.

BauerFinancial is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating.

About Redstone Federal Credit Union

With more than $7 billion in assets, Redstone Federal Credit Union is the largest member-owned financial institution in Alabama and one of the largest federal credit unions in the nation by assets. Based in Huntsville, Alabama, Redstone Federal Credit Union serves more than 600,000 members.
Chartered on November 28, 1951, Redstone Federal Credit Union has proudly served its members for nearly 70 years and has 27 conveniently located branches across North Alabama and Tennessee.
Redstone Federal Credit Union provides a level of service that is not generally available at other financial institutions through its philosophy of - People Helping People.