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Redstone Federal Credit Union

Redstone Federal Credit Union or RFCU is a federally chartered credit union that is based in Huntsville, Alabama. Redstone Federal Credit Union is Alabama’s biggest credit union and is also regulated by the National Credit Union Administration or NCUA.

Information On Redstone Federal Credit Union

RFCU serves more than 320,000 members through 20 branch locations across North Alabama and Tennessee. The company has more than $2.6 billion USD in total assets and is also ranked as the 38th largest credit union in the United States of America by assets and 18th in terms of membership as of 2008.

In 2009, Redstone Federal Credit Union had a 5-Star superior rating by BauerFinancial, Inc., the state’s leading independent credit union rating and research firm. Only 17 per cent of the nation’s credit unions have held this distinction for as long as Redstone Federal Credit Union.

On November 28, 1951, the government of United States granted the company its charter. Eleven individuals with assets that total $55 USD started membership at RFCU. The original $55 was then saved in a shoebox and the first office was located in Redstone Arsenal. The original charter served the employees of Redstone Arsenal only. Today, Redstone Federal Credit Union members are located all over the world and the original 5 dollar membership fee constitutes members’ ownership in the credit union.

Redstone Federal Credit Union Services

Products and services offered by Redstone Federal Credit Union range from the typical checking and savings accounts, to Business Services for Sole Proprietor ships. Redstone Federal Credit Union also has Call-24 for Telephone Banking and an online banking service which includes bill pay, FinanceWorks, CUAlerts, and eStatements.

The Investments & Insurance Services Division also provides a wide variety of investment and insurance services.

Redstone Federal Credit union has a full service Real Estate department which provides a multitude of mortgage products like Fixed Rate, Construction, Adjustable Rate Mortgages, Flexible Mortgages, and HELOCs. RFCU members may start their loan process by making use of an Online Mortgage Application.

RFCU joins in the BALANCE Financial Fitness Program. BALANCE is a term used to call a free financial counseling service available to members. Counselors work with RFCU members to help avoid or resolve financial difficulties and establish personal financial control. BALANCE financial counselors help RFCU members develop customized budget plans that are designed to achieve unique and personal financial goals.

Redstone Federal Credit Union Online And ATM Network

The RFCU official website offers a wide variety of services. These services include the following: rates, calculators, demonstrations, online employment application, and FAQs about different products and services, and security articles.

Redstone Federal Credit Union has over 85 ATMs, Alabama’s first Xtreme ATM, and a Mobile ATM that is utilized in every community request. RFCU is part of the Presto! AFFN, CIRRUS, CO-OP, and STAR networks for local ATMs; the AFFN, CIRRUS, and CO-OP networks for the international ATMs.