Redstone wins Credit Union of the Year from NAFCU


(June 20, 2018) Redstone Federal Credit Union® has been named Credit Union of the Year from the National Association of Federally-Insured Credit Unions (NAFCU).

The nationally recognized award was presented today to Redstone’s President and CEO Joe Newberry, during the NAFCU Annual Conference and Solutions Expo in Seattle, Wash. Redstone won in the category for credit unions over $250 million in assets.

“To be recognized by NAFCU as the Credit Union of the Year is such an honor,” said Newberry. “Each day we strive to be a model credit union by enthusiastically serving our members and offering the products and services that meet their needs.’’

In addition to receiving the Credit Union of the Year, Redstone also recently won two Business Transformation & Operational Excellence Awards.

Redstone received the Best Achievement of Operational Excellence in Banking, Capital Markets & Insurance, as well as the highest honor in the award program, the Platinum Award for Best Achievement in Organizational Operational Excellence.

Redstone was recognized by NAFCU for its successes in the areas of: community give-back efforts; serving underbanked or low-to-modest income members; providing financial education to youth; and devising and implementing a cultural transformation process to better serve its members.

In October, Money® Magazine named Redstone the ‘best bank’ in Alabama.

About Redstone: With more than $4.8 billion in assets, Redstone Federal Credit Union is the largest member-owned financial institution in Alabama and one of the 16 largest federal credit unions in the nation by assets. Based in Huntsville, Alabama, Redstone Federal Credit Union serves 400,000 members. Chartered on November 28, 1951, Redstone Federal Credit Union has proudly served its members in the Tennessee Valley area for 65 years and has 26 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.