Northern Redwood Credit Union

About Northern Redwood Credit Union

Northern Redwood Credit Union Location

Po Box 443
Arcata, CA 95518

Phone: (707) 822-5902
Website: northernredwoodfcu.org
Routing/Transit Number: Not Available


Northern Redwood Credit Union Information

Northern Redwood Credit Union of Arcata, CA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 1584 members and assets of $15,490,875, as compared to the national average of $93 million dollars of assets per credit union. Northern Redwood Credit Union, first opened in 1955 and has been in operation since then. Additionally, Northern Redwood Credit Union has 5 full time employees and 0 part time employees, or 316.8 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Northern Redwood Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Northern Redwood Credit Union is a not-for-profit, cooperative, tax-exempt organization.