Redstone Federal Credit Union

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A short history of Redstone FCU

Since its inception in 1951 the Redstone Federal Credit Union has been serving its members in the HUNTSVILLE, Alabama area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Joseph Newberry, the Redstone FCU has grown its membership to over 401,866 with assets of more than $4,809,515,851. They have a main office and 27 branch offices. Please see the credit unions website or contact them by phone at (256) 837-6110 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in HUNTSVILLE, AL.

General Information For Redstone FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 7544
Address 220 WYNN DR 
State Alabama 
Zip-Code 35893
Phone Number (256) 837-6110
Fax Number (256) 722-8399
Email Address:
CEO/President Joseph Newberry
Members 401,866 
Full-Time Employees 900 
Part-Time Employees 27 
Number of Branch Offices 27 
Total Assets 4,809,515,851 

Compare Redstone Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
North Alabama Educators CU Main Office 2309 Whitesburg Dr SE 35804 (256) 534-2423 No 1.27
Rocket City CU Rocket City Federal Credit Union 2200 Clinton Ave W 35805 (256) 533-0541 No 1.67
Postal Employees CU POSTAL EMPLOYEES CREDIT UNION 220 WINGATE AVE SW 35804 (256) 881-2400 No 1.90
Wcu Credit Union CU WCU Credit Union 26 Franklin Smith Rd 35804 (256) 974-2013 No 23.33
Family Security CU Athens 214 US Highway 31 S 35603 (256) 340-2000 No 27.01

Redstone Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Redstone Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.75 3.01 3.48 3.25 5.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 139 147 144 44 260
Rank Among All Alabama Credit Unions 5 16 14 3 24

Redstone Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.35 0.46 0.85 0.35
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 81 66 198 250
Rank Among All Alabama Credit Unions N/A 14 5 22 27
Redstone Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.75064,081221,708,338
All Other Unsecured Loans/Lines of Credit 9.82054,191153,118,396
Short-Term, Small Amount Loans (STS) (Federal CU Only) 26.0001,586553,442
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.0105,906140,921,421
Used Vehicle Loans 3.48040,233486,086,130
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.2503,503379,850,136
Total Other Real Estate Loans/Lines of Credit 5.2506,967189,151,117
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.2906,155114,334,686
TOTAL LOANS & LEASES 182,6221,685,723,666

Redstone Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 1,100118,970,56237855,253,900
    b. 15 Years or less 1,669131,340,07730934,803,816
    a. > 15 years 43270,373,549335,557,839
    b. 15 Years or less 23546,910,26261,186,800
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 448,226,8054604,600
Adjustable Rate > 1 yr 234,028,88100


Closed-End Fixed Rate 1525,379,123391,751,535
Closed-End Adjustable Rate 11443,62100
Open-End Adjustable Rate 6,803183,292,30569110,259,588
Open-End Fixed Rate 136,06800
TOTALS 10,470569,001,2531,460109,418,078


Interest Only & Payment Option 1st Mortgage Loans 2011,207,859505,850
Interest Only & Payment Option Other RE/LOC Loans 2131,0410
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Redstone Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes