Redwood Credit Union (RCU) is celebrating its 60th year of service to Members. To honor the occasion, the Credit Union has created a commemorative logo, launched a timeline of their history on their website at http://www.redwoodcu.org, and plans to highlight the milestone at their Annual Membership Meeting in April.
“This milestone would not have been possible without the participation of our Members, the commitment and dedication of our Officials and staff to the Credit Union’s mission, values, and vision, and our collective passion for serving our Members and communities,”
On January 19, 1950, Redwood Credit Union was founded by 7 County of Sonoma employees as Sonoma County Employees Credit Union (SCECU) to provide Members with reasonable loans and a safe place to save for the future. In 1982, SCECU changed its name to Redwood Credit Union to reflect the growing demand for affordable financial services within the Redwood Empire. Over the years the Credit Union has added a full line of value-driven products and services to meet their Members’ changing needs, including a wide array of savings products, home and consumer loans, credit cards, investments, insurance, business services, online services, and much more.
Today the Credit Union has grown to $1.7 billion in assets, serves nearly 150,000 Members, employs 340 staff, and is the 2nd largest local financial institution in Sonoma County. Voted multiple times as “Best Credit Union” and “Best Place to Work” and recently achieving the designation of #1 SBA lender in the North Bay, today the Credit Union is the 72nd largest credit union among nearly 8,000 credit unions nationwide. Redwood Credit Union serves all of the North Bay and San Francisco, and membership is open to anyone who lives or works in 8 counties, including Sonoma, Marin, Napa, Mendocino and San Francisco.
Photo:
http://www.prlog.org/




