What are the current interest rates at Redwood Credit Union?

Current rates for Redwood Credit Union include: 12-Month CD: 3.20%, Savings: 0.05%, MMA: 4.15%

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Redwood Credit Union

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Redwood Credit Union Rates & Review September 2026

Q: How many branches does Redwood Credit Union operate?

Redwood Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join Redwood Credit Union?

Yes, to access services at Redwood Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, Redwood Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Redwood Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 12, 2026

Redwood Credit Union's 12-month CDs rates are at 4.20%, 12-month CDs rates are at 3.20%, Long Term Standard Business CDs ($1,000) rates are at 3.00%, Long Term Standard Business CDs ($10,000) rates are at 3.00%, Long Term Standard Business CDs ($100,000+) rates are at 3.00%. Redwood Credit Union's savings rates are at 0.05%. Redwood Credit Union's money market rates are at 4.15%. Redwood Credit Union's Auto Loan Rates are as low as 4.39%. MonitorBankRates evaluates the financial stability of Redwood Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 3.94%. Rates last updated and verified on 09/12/2026.

Redwood Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Redwood Credit Union? Share your experience about Redwood Credit Union by leaving a review below, or read customer reviews before you decide to use Redwood Credit Union.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

3.94%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Redwood Credit Union
Cleveland Branch

3033 Cleveland Ave
Santa Rosa, CA 95403-2126

https://www.redwoodcu.org

Redwood Credit Union CD Rates

Product	Rate	APY	Term
12-month certificates	-	4.20%	12 months
Min Deposit $1,000 Details With active checking; Free rate bump option Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
12-month certificates	-	3.20%	12 months
Min Deposit $1,000 Details Standard (without active checking) Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Standard Business Certificates ($1,000)	2.96%	3.00%
Min Deposit $1,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Standard Business Certificates ($10,000)	2.96%	3.00%
Min Deposit $10,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Standard Business Certificates ($100,000+)	2.96%	3.00%
Min Balance $100,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Standard Business Certificates ($2,500)	2.96%	3.00%
Min Deposit $2,500 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Standard Business Certificates ($25,000)	2.96%	3.00%
Min Deposit $25,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Standard Business Certificates ($5,000)	2.96%	3.00%
Min Deposit $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Standard Business Certificates ($50,000)	2.96%	3.00%
Min Deposit $50,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Standard Business Certificates ($1,000)	2.96%	3.00%
Min Deposit $1,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Standard Business Certificates ($10,000)	2.96%	3.00%
Min Deposit $10,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Standard Business Certificates ($100,000+)	2.96%	3.00%
Min Balance $100,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Standard Business Certificates ($2,500)	2.96%	3.00%
Min Deposit $2,500 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Standard Business Certificates ($25,000)	2.96%	3.00%
Min Deposit $25,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Standard Business Certificates ($5,000)	2.96%	3.00%
Min Deposit $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Standard Business Certificates ($50,000)	2.96%	3.00%
Min Deposit $50,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Redwood Credit Union Savings Rates

Product	Rate	APY
Regular Savings	0.15%	0.15%
Min Balance $100,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Regular Savings ($10,000.00)	0.10%	0.10%
Min Balance $10,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Regular Savings ($25,000.00)	0.10%	0.10%
Min Balance $25,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Regular Savings ($50,000.00)	0.10%	0.10%
Min Balance $50,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Regular Savings ($1,000.00)	0.05%	0.05%
Min Balance $1,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Regular Savings ($100.00)	0.05%	0.05%
Min Balance $100 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Regular Savings ($2,500.00)	0.05%	0.05%
Min Balance $2,500 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Regular Savings ($5,000.00)	0.05%	0.05%
Min Balance $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Regular Savings ($500.00)	0.05%	0.05%
Min Balance $500 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Redwood Credit Union Money Market Rates

Product	Rate	APY	View More
Premier Money Market	-	4.15%
Min Balance $500,000 Details APY is variable rate. Fees may reduce earnings. Minimum balance of $2,500 to earn dividends and: (1) an active checking account at RCU. To be considered active, checking account must have a minimum of 3 transactions per month (excluding 24-Hour Telephone Teller, fee or dividend posting transactions); (2) a minimum monthly digital deposit of $500 or more into account; (3) an active credit card at RCU. To be considered active, credit card must be in good standing and have a minimum monthly activity 10 transactions or $500 or more in advances; and (4) an open loan at RCU in good standing, an investment account through Redwood Wealth Management with a minimum balance of $5,000 or more, or an active property and casualty insurance policy through RCU Insurance Services . Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Redwood Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
Auto Loan	-	-	4.39%	3y/6m
Details As low as; New autos are defined as vehicles with less than 1,000 miles and may be financed up to 125% MSRP, depending on credit history. Used autos may be 20 years old or newer and may be financed up to 125% KBB value. Payment sample: 36 mo. term per $1,000 borrowed: $29.70 at 4.39% APR. Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
New Auto Loan	-	-	4.39%	36 Months
Details Minimum Amount: $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Used Auto Loan	-	-	4.64%	36 Months
Details Minimum Amount: $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
New Auto Loan	-	-	4.79%	60 Months
Details Minimum Amount: $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
New Auto Loan	-	-	5.09%	72 Months
Details Minimum Amount: $10,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Used Auto Loan	-	-	5.29%	60 Months
Details Minimum Amount: $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
New Auto Loan	-	-	5.59%	84 Months
Details Minimum Amount: $20,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Used Auto Loan	-	-	5.59%	72 Months
Details Minimum Amount: $10,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Used Auto Loan	-	-	6.09%	84 Months
Details Minimum Amount: $20,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Redwood Credit Union Other Rates

Product	Rate	Points	APY/APR
IRA Premier MM	-	-	4.15%
Min Balance $2,500 Details APY is a variable rate. Fees may reduce earnings. Minimum balance of $2,500 to earn dividends and: - An active checking account at RCU. To be considered active, checking account must have a minimum of 3 transactions per month (excluding 24-Hour Telephone Teller, fee or dividend posting transactions); - An active credit card at RCU. To be considered active, credit card must be in good standing and have a minimum monthly activity of 10 transactions or $500 or more in advances; And one of the following: a minimum monthly digital deposit of $500 or more. Digital deposit is defined as a deposit made via ACH, mobile deposit, ATM, or wire to your RCU account, an open loan at RCU in good standing, an investment account through Redwood Wealth Management with a minimum balance of $5,000, or an active property and casualty insurance policy through RCU Insurance Services . Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Business Certificates With Active Checking ($1,000)	3.93%	-	4.00%
Min Deposit $1,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Business Certificates With Active Checking ($10,000)	3.93%	-	4.00%
Min Deposit $10,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Business Certificates With Active Checking ($100,000+)	3.93%	-	4.00%
Min Balance $100,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Business Certificates With Active Checking ($2,500)	3.93%	-	4.00%
Min Deposit $2,500 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Business Certificates With Active Checking ($25,000)	3.93%	-	4.00%
Min Deposit $25,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Business Certificates With Active Checking ($5,000)	3.93%	-	4.00%
Min Deposit $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Long Term Business Certificates With Active Checking ($50,000)	3.93%	-	4.00%
Min Deposit $50,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Premier MM	-	-	4.15%
Min Balance $2,500 Details APY is a variable rate. Fees may reduce earnings. Minimum balance of $2,500 to earn dividends and: - An active checking account at RCU. To be considered active, checking account must have a minimum of 3 transactions per month (excluding 24-Hour Telephone Teller, fee or dividend posting transactions); - An active credit card at RCU. To be considered active, credit card must be in good standing and have a minimum monthly activity of 10 transactions or $500 or more in advances; And one of the following: a minimum monthly digital deposit of $500 or more. Digital deposit is defined as a deposit made via ACH, mobile deposit, ATM, or wire to your RCU account, an open loan at RCU in good standing, an investment account through Redwood Wealth Management with a minimum balance of $5,000, or an active property and casualty insurance policy through RCU Insurance Services . Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Business Certificates With Active Checking ($1,000)	3.69%	-	3.75%
Min Deposit $1,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Business Certificates With Active Checking ($10,000)	3.69%	-	3.75%
Min Deposit $10,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Business Certificates With Active Checking ($100,000+)	3.69%	-	3.75%
Min Balance $100,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Business Certificates With Active Checking ($2,500)	3.69%	-	3.75%
Min Deposit $2,500 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Business Certificates With Active Checking ($25,000)	3.69%	-	3.75%
Min Deposit $25,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Business Certificates With Active Checking ($5,000)	3.69%	-	3.75%
Min Deposit $5,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%
Short Term Business Certificates With Active Checking ($50,000)	3.69%	-	3.75%
Min Deposit $50,000 Last Updated 09/12/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.94%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Redwood Credit Union’s Texas Ratio rose from 2.30% in Q2 2023 to 3.94% in Q1 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
March 31, 2026	$9.9B	3.94%	5.0	A+
December 31, 2025	$9.8B	4.04%	5.0	A+
September 30, 2025	$9.7B	3.46%	5.0	A+
June 30, 2025	$9.5B	3.26%	5.0	A+
March 31, 2025	$9.4B	3.22%	5.0	A+
December 31, 2024	$9.1B	4.08%	5.0	A+
September 30, 2024	$8.8B	3.29%	5.0	A+
June 30, 2024	$8.6B	3.65%	5.0	A+
March 31, 2024	$8.9B	2.98%	5.0	A+
December 31, 2023	$8.5B	2.95%	5.0	A+
September 30, 2023	$8.4B	2.86%	5.0	A+
June 30, 2023	$8.3B	2.30%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Redwood Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Redwood Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Redwood Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Redwood Credit Union

Website https://www.redwoodcu.org

Address 3033 Cleveland Ave, Santa Rosa, CA 95403-2126

Phone 800-479-7928

Fax 707-568-3972

President Debra Watts

CEO Brett Martinez

Full-Time Employees 940

Part-Time Employees 65

Branch Locations 22

ATM Locations 31

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (98/100)

Texas Ratio

3.94%

Return on Assets (ROA)

0.3659%

Return on Equity (ROE)

2.8132%

Non-Performing Loans Ratio (NPL)

0.69%

Total Assets

9,946,470,013

Total Amount of Shares and Deposits

8,560,969,412

Total Shares and Deposits < 1 Year

8,396,043,642

Total Shares and Deposits 1 3 Years

150,163,640

Total Shares and Deposits > 3 Years

14,762,129

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

1,073,376,206

Total Uninsured Shares and Deposits > $250K (F+J)

1,073,376,206

Total Insured Shares and Deposits > $250K (item 17 less item K)

7,487,593,206

Total Interest Expense (Sum of items 6 8)

42,906,152

Share Certificates

51,582

Number of Accounts for Share Drafts

351,828

IRA KEOGH Accounts

11,177

Number of Accounts for Regular Shares

478,964

All other shares

4,212

Money Market Shares

73,859

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

1,059,350,909

Total Liabilities

8,657,435,470

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

Redwood Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

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Frequently Asked Questions About Redwood Credit Union

How many branches does Redwood Credit Union operate?

Redwood Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Redwood Credit Union?

Yes, to access services at Redwood Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Redwood Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Redwood Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Redwood Credit Union offer online and mobile banking?

Most modern institutions like Redwood Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.redwoodcu.org.