Red Wing Credit Union

About Red Wing Credit Union

Red Wing Credit Union Location

3303 North Service Drive
Red Wing, MN 55066

Phone: (651) 388-7133
Website: www.redwingcu.com
Routing/Transit Number: Not Available

Red Wing Credit Union Information

Red Wing Credit Union of Red Wing, MN 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 6130 members and assets of $56,298,270, as compared to the national average of $93 million dollars of assets per credit union. Red Wing Credit Union, first opened in 1954 and has been in operation since then. Additionally, Red Wing Credit Union has 13 full time employees and 4 part time employees, or 360.588235294 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 Red Wing 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. Red Wing Credit Union is a not-for-profit, cooperative, tax-exempt organization.