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Redstone remains secure and strong

Dear valued member,

There are some growing concerns about the recent bank closures caused by poor strategic investments and the lack of financial diversification.

The role of the Board of Directors, Executive Team, myself, and every employee at Redstone Federal Credit Union® is to serve our membership and to protect their financial interests. Rest assured that your finances with Redstone are safe. As a not-for-profit financial institution, Redstone Federal Credit Union is fiscally conservative to protect our members’ assets. We diversify our investments and businesses to ensure our members’ money is safe and secure. That’s why we are one of the most well-capitalized financial institutions in the country. Additionally, we are insured by the National Credit Union Association (NCUA), which has no affiliation or ties to the recent issues of the other national banks.

Your financial security is of the utmost importance to our entire team here at Redstone, and we will continue to look out for your best interests for many years to come.

Thank you for your continued trust in Redstone Federal Credit Union, and I wish you and your family a wonderful spring season!

With Highest Regards,

Joseph Newberry
President/CEO