Redstone named to Top 100 Best Banks and Credit Unions list

Jan. 27, 2022 _ Redstone Federal Credit Union® has again been named one of the nation’s Best Banks and Credit Unions of 2022 by GOBankingRates.

GOBankingRates analyzed over 6,996 individual data points to rank the best banks and credit unions. The 100 winning financial institutions passed a rigorous test for: rates, fees, accessibility, products and services, and customer service.

Joe Newberry, Redstone’s President and CEO, celebrates this recognition.

“Redstone remains steadfast in its commitment to help members improve their financial well-being despite navigating unprecedented times,’’ Newberry said. “We continue to add to our digital and mobile service offerings, while not neglecting the personal touch that sets Redstone apart from other financial institutions.’’

As an industry leader, Redstone is proud to offer products, services and solutions that improve its members’ financial lives.

  • Returned $19.9 million back to members in rebates, cashback and reduced fees during 2021
  • Leader in conventional home loans for the Huntsville metropolitan area
  • Upgraded Business Online Banking to make it easier to save money, send money, pay for services, and apply for loans.
  • Named Best of Bauer Credit Union by BauerFinancial for earning its highest financial soundness rating over 104 consecutive quarters

“Our in-house research team has analyzed hundreds of banks and credit unions across the U.S. to find the best institutions and accounts available in 2022, so that our audience can make wise choices when it comes to where they are putting their money,’’ said Jeff Bartlett, President of GOBankingRates.

“In addition to empowering our readers, we are also happy to give recognition to those banks and credit unions that are outstanding in their fields."

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.